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Predictive Discovery Ltd

Predictive Discovery follows Ouarigue South gold discovery with large-scale soil sampling

The sampling program on a 100 x 25 square metre grid is being carried out over the 17-kilometre-long zone of gold-in-soil anomalies.

Drilling
Drilling at a Predictive Discovery property in West Africa

Predictive Discovery Ltd (ASX:PDI) is following up on impressive drill results returned last week from Ouarigue South prospect of its Ferkessedougou North Gold Project in Cote D’Ivoire with large-scale soil sampling.

After receiving results of up to 45.3 metres at 3.16 g/t gold from 45.9 metres, including 9 metre at 10.31 g/t, the exploration team of joint venture partner Toro Gold has started the sampling program.

This is being carried out over the 17-kilometre-long zone of gold-in-soil anomalies at Ouarigue South.

READ: Predictive Discovery shares surge 211% following significant gold hits at Ferkessedougou North

UK-based Toro is deploying up to five separate sampling teams to maximise sampling productivity and enable the collection of up to 7,000 soil samples before the onset of the rainy season.

This work is designed to identify further geochemical signatures as encountered on the Ouarigue South gold-mineralised granite body.

On completion of the remainder of the soil program after the wet season, the Toro team will move on to a large-scale trenching program aimed at delineating multiple mineralised granitic bodies within the gold-anomalous trend.

Program at Boundiali

At the Boundiali project to the west, reverse circulation (RC) drilling is ongoing.

This includes a reconnaissance program at Boundiali North and infill drilling at the Nyangboue prospect of Boundiali South.

READ: Predictive Discovery drills 27 metres at 2.42 g/t gold at Nyangboue

Initial assays from the first 15 holes at Nyangboue have returned impressive results with further results pending from the rest of the program on both projects together with assays from 4,577 metres of trenching at Boundiali North.

The JV with Toro covers seven permits in Cote D’Ivoire, including Boundiali North, Boundiali South and Ferkessedougou North.

West African portfolio

In recent years, Predictive has assembled a large portfolio of properties across the world-class Birimian greenstone belts of Cote D’Ivoire, Guinea and Burkina Faso.

Core to the company’s strategy has been maximising the probability of making multiple gold discoveries while minimising expenditure and the frequency of dilutive capital raisings.

As part of this strategy, Predictive has entered into joint ventures with development-orientated partners in Cote D’Ivoire and Burkina Faso.

This approach has already yielded gold discoveries, including the Ouarigue South discovery at Ferkessedougou North.

Guinea exploration

The company is also in the early stages of exploring a series of 100%-owned projects in Guinea, which have produced encouraging gold geochemical anomalies at the Nonta and Kankan projects.

In Guinea, Predictive has results pending from soil sampling and BLEG stream geochemistry programs on its Boroto, Yomadou, Nonta and Kankan projects.

There is 20,000 metres of partner-funded RC drilling planned in Burkina Faso to test over 20 kilometres of bedrock gold anomalies across the Bira trend within the Samira Hill greenstone belt, which also includes the Samira Hill gold deposit in Niger.

Quick facts: Predictive Discovery Ltd

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Market: ASX
Market Cap: $4.13 m
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