This region has attracted the attention of many leading gold miners in recent years and continues to deliver promising new deposits, such as those held by Predictive.
The company has a growing portfolio across the world-class Birimian greenstone belts of Cote D’Ivoire, Guinea and Burkina Faso.
This story will be portrayed by the company to investors at next week’s Proactive CEO Sessions in Sydney and Melbourne.
In Guinea the company has recently been granted a Reconnaissance Authorisation covering 100 kilometres over the Kaninko Gold Project northwest of Predictive’s Kankan project in the Siguiri Basin.
This authorisation contains at least one substantial artisanal mine site consisting of extensive pitting into weathered bedrock over several hectares with shallow surficial workings in lateritic cover material.
Other artisanal sites are reported on the property but have yet to be examined.
With five projects covering 500 square kilometres of highly prospective landholdings, the company is undertaking multiple early-stage exploration programs across its Guinea projects with encouraging results from the Kankan and Nonta projects.
Predictive has entered into joint ventures with development-oriented partners on projects in Cote d’Ivoire and Burkina Faso.
The company holds substantial minority interests (30-49%) in these projects with most exploration activity funded by partners.
This approach has yielded gold discoveries such as the recently announced Ouarigue South discovery at Ferkessedougou North project.
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