ElDore Mining Corporation (ASX: EDM), a gold exploration company, has reported that Predictive Discovery Pty Ltd (PD) has commenced a drilling program as part of the farm-in on the company’s Burkina Faso project in West Africa.
The company said PD must expend A$2 million for a 60% interest in the Burkina Faso project. PD have advised a program of up to 7000m of drilling, including 200 angle RAB holes to a depth of 40m in depth at the Burkina Faso project on selected targets.
PD is a private Australian exploration company with access to advanced Australian developed technology for identifying high probability drilling targets in gold ore systems.
Burkina Faso is a landlocked nation surrounded by six countries, Mali to the north, Niger to the east, Benin to the south east, Togo & Ghana to the south and Cote d’Ivoire to the south west.
The country has a democratically elected government, with mineral exploration for gold, copper, iron ore and manganese currently active.
ElDore Mining Corporation reports start of drilling at Burkina Faso
Published: 13:58 28 May 2010 AEST