Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

Predictive Discovery and partner Toro Gold identify gold anomalies in Boundiali North

The company's shares are trading about 5% higher intra-day, at 2.2 cents.

Predictive Discovery Ltd (ASX:PDI) and joint venture partner Toro Gold have identified a series of new gold anomalies extending for 13 kilometres from soil geochemistry sampling at the new Boundiali North permit in Côte D’Ivoire.

The program covered most of the Boundiali North Permit and consisted of 6,338 samples, collected on a 400 x 100 metres grid.

The results from 1,356 samples include highlight assays of 1,185, 806 and 626 ppb gold.

Soil geochemistry program results showing all areas of gold values exceeding 20 ppb gold, with +100 ppb gold values highlighted as red dots.

Predictive managing director Paul Roberts said” “The company is encouraged by the results from this extensive soil program.

“The Boundiali exploration program is capably managed and funded by our trusted joint venture partner, Toro Gold.

“This 13 kilometres zone of anomalies adds substantially to the list of potential drill targets on the two permits comprising the Boundiali Project.”

READ: Predictive Discovery begins drilling for gold at Kokoumbo project in Cote d’Ivoire

Infill samples will now be assayed to delineate the soil in gold anomalies more accurately.

The next steps will be to complete the 400 x 100 metres soil infill analyses and then infill the sampling further (to 200 x 50 metres) on areas of interest in the December quarter.

Follow-up exploration after that is expected to involve trenching, geophysics and reverse circulation (RC) drilling.

Predictive Discovery's projects in Cote d'Ivoire

Roberts added: “The reported results are located on a very broad grid, meaning that infill soil assay results will more closely define the gold anomalies for follow-up and can reasonably be expected to yield some higher gold values.”

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK