Proactive Investors - Run By Investors For Investors

Predictive Discovery identifies three new gold soil anomalies

Follow-up trenching is now underway with drilling set to follow.
joint venture concept illustrated by two puzzle pieces
Exploration at the project is managed by joint venture partner Toro Gold Limited

Predictive Discovery Ltd (ASX:PDI) has discovered three new gold-in-soil anomalies during recent geochemical sampling at its Boundiali Project in Cote D’Ivoire.

The three gold anomalous zones, BN1, BN2, and BN3, have a combined length of 7.7 kilometres within the previously defined 14-kilometre long zone of soil anomalies.

BN1 is 1.6x1.0 kilometres assaying up to 878ppb gold, BN2 is 3.0x0.4 kilometres assaying up to 873ppb gold, and BN3 is 3.1x0.2 kilometres assaying up to 648ppb gold.

A trenching program, totalling at least 2,000 metres is now underway to test highly anomalous parts of the soil anomalies.

Reverse circulation (RC) drilling is expected to commence once the trenching results have been received.

READ: Predictive Discovery and Toro Gold have open pit opportunity in Cote D’Ivoire

The Boundiali Project consists of two permits – Boundiali North and Boundiali South.

The infill soil sampling program consisted of 4,386 samples collected on a 200x50-metre grid at Boundiali North.

This added to soil sampling results from November 2018 (2,157 samples) and August 2018 (1,356 samples).

10,000-metre drilling underway at Nyangboue prospect

A 10,000-metre RC drill program commenced at the Boundiali Project in early March 2019.

The program commenced with infill drilling at the Nyangboue gold prospect within the Boundiali South permit.

The drill rig will then move up to Boundiali North to follow up results of the trenching which is currently underway.

Predictive expects the drilling program to be completed in the June quarter and assays to be revealed as they become available.

View full PDI profile View Profile

Predictive Discovery Ltd Timeline

Related Articles

A map of the Wa project in far northwest Ghana along the border with Burkina Faso
March 06 2019
The JV partners also plan to make an investment decision on the Ghanaian project this year.
Pacific American Coal's Elko coking coal project in Canada
January 10 2019
The company drilled the project in 2018 and is waiting on laboratory assays.
1547791194_RNX-757.JPG
January 18 2019
The company’s focus is the Yandal East Gold Project and it also has base metal exposure through a prospective Canadian asset.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use