Predictive Discovery hits new gold at Bongou

/in /by

THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) has completed a shallow, reconnaissance RC drilling program near the company’s Bongou gold project in Burkina Faso.

The company claims the recent drilling has resulted in the discovery of gold mineralisation at four prospects: Prospect 71, Target 92, and Targets W2 and W8, all of which are within 10 kilometres of the high-grade Bongou gold Resource.

Results included:

Target 92:

TBFRC11
9 metres at 2.8 grams per tonne gold from 4m, including 1m at 11.8g/t gold.

TBFRC10
3m at 3.9g/t gold from 17m, including 1m at 10.8g/t gold. This was a down-dip extension of the TBFRC011 gold intercept.

Target 92 remains open at depth and along strike for 600m in both directions.

Prospect 71 South:

PSORC056
6m at 2.3g/t gold from 19m, including 1m at 6.8g/t gold.

Drilling stopped in gold mineralisation.

PSORC058
4m at 3.3g/t gold from 10m, including 1m at 9.2g/t gold.

PSORC060
14m at 0.8g/t gold from 0m, including 1m at 5.4g/t gold.

The target remains open along strike to the south and at depth.

Bongou W2 (600m from Bongou)

BNGRC027
21m at 1.0g/t gold from 20m, including 8m at 1.6g/t gold.

BNGRC026
9m at 1.3g/t gold from 56m, including 1m at 5.2g/t gold.

BNGRC025
2m at 3.4g/t gold from 10m.

Bongou W2 remains open at depth and along strike for at least 150m to the west.

Bongou W8 (2km from Bongou)

BNGRC023
8m at 1.7g/t gold from 18m, including 1m at 5.3g/t gold.

Target is open to depth and to the west.

“This program was planned to make low cost, shallow drill tests of multiple targets,” Predictive Discovery managing director Paul Roberts said in the company’s announcement to the Australian Securities Exchange.

“Most of the drill holes were less than 30 metres deep and we have also demonstrated good hole-to-hole continuity in at least three of the new prospects.

“The next step is to follow up the new gold discoveries with deeper drilling along strike and down-dip with the aim of delineating new resources to add to the high-grade Bongou discovery.”

Predictive indicated its exploration season is over for now with the onset of the rainy season in Burkina Faso.

The company said it will now undertake a project-wide assessment of all drill results to date before designing its next drill program.

It explained the next program will focus on using the latest results to delineate resources to add to 184,000 ounces in the Inferred and Indicated Mineral Resource categories with an average grade of 2.6g/t gold including 136,000 ounces at 3.8g/t gold Bongou Resource.

Website: www.predictivediscovery.com