Predictive Discovery Ltd (ASX:PDI) has received all fire assay re-analyses from drilling at the new Ferkessedougou North gold discovery, part of the Toro Joint Venture in Cote D’Ivoire.
Best assay intersects include:
• 25 metres at 3.06 g/t gold from 64 metres including 13 metres at 5.35 g/t gold;
• 14 metres at 1.20 g/t gold from 25 metres; and
• 9 metres at 1.47 g/t gold from 39 metres.
Predictive managing director Paul Roberts said: “With these results, Ferkessedougou North is assuming increasing importance in our growing group of West African prospects with excellent drilling results (e.g. Bira and Bongou in Burkina Faso, and Nyangboue-Boundiali in Cote D’Ivoire).
“This first drill program on Ferkessedougou North has just scratched the surface of the permit’s gold mineralisation potential.”
Ferkessedougou North along with other permits in which Predictive has an interest in Cote D’Ivoire
Roberts added: “We have only drill tested a very small proportion of the gold-in-soil geochemical anomaly, which is 17 kilometres long and several kilometres wide.
“Gold mineralisation is mostly associated with sheared granitic dykes; there are indications of many such dykes in the area but most of these have not even been even located accurately on the ground, let alone drilled.
“This is clearly a large-scale target, potentially with numerous gold mineralised bodies. We look forward to more drilling after the rainy season ends.”
Next Steps
Predictive and Toro Gold are currently discussing the follow-up work program at Ferkessedougou North, which is expected to include more trenching and geochemical sampling to firm up additional drill targets.
This will be followed by reverse circulation drilling and possibly supplemented by limited diamond drilling. Work will re-commence after the end of the current rainy season.