Predictive Discovery soil survey finds gold anomaly at Nonta
Soil sample results have revealed a 5+ kilometre long anomalous gold zone.
Company
ASX:PDI
Predictive Discovery Ltd is focused on delivering long-term sustainable value to our shareholders and stakeholders. Through its local company Mamou Resources, it plans to develop the Bankan Gold Project in the Siguiri Basin, Guinea.
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Soil sample results have revealed a 5+ kilometre long anomalous gold zone.
The company is aiming to advance to the drilling stage on one or more of its Guinea properties, with a particular focus on the Siguiri Basin.
The Boundiali Project consists of two permits – Boundiali North and Boundiali South, which cover 29 kilometres of strike length with the southern portion remaining under explored.
Ongoing drilling programs are planned to continue to grow the size of the Weednanna gold deposit.
The company has a portfolio of gold properties in the world-class Birimian greenstone belts of West Africa.
The company has assembled a large portfolio of properties across the world-class Birimian greenstone belts of Cote D’Ivoire, Guinea and Burkina Faso.
The company is currently undertaking multiple exploration programs across its portfolio of 100% owned projects in Guinea.
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.
The company’s shares are trading at 2.8 cents intra-day, an increase of about 211% from the previous closing price of 0.9 cents.
The company’s securities will remain in trading halt until the beginning of trade on Tuesday, June 4, or when an announcement is made to the market.
Infill drilling was testing a 720-metre section of the 1.2-kilometre-long gold mineralised zone at Nyangboue.
PDI has West African gold projects in Cote d’Ivoire, Guinea and Burkina Faso.
Capital Drilling is listed on the London Stock Exchange and employs 1,000 people in Africa.
Predictive has also acquired two additional properties at Yomadou and Boroto with exciting mineral potential on which exploration has already begun.
The company’s securities will remain in a trading halt until the start of trading on Tuesday, April 16, or when an announcement is released.
Initial reconnaissance supports the prospective nature of the Nonta and Kankan targets within the Siguiri Basin.
Exploration at the Ferkessedougou North permit is managed by JV partner Toro Gold.
Follow-up trenching is now underway with drilling set to follow.
The company’s JV with Toro is producing results on the exploration front.
Broad widths and high-grades have been revealed in the trenching with Ferkessedougou North shaping as a “significant discovery”.