Each one in plain English, with the numbers worked through for a shareholder.
5 June 2024drilling result▲ Good
Six more metallurgical diamond holes along the Afema Shear returned results such as 22m @ 4.99g/t at Adiopan and 28m @ 2.23g/t at Asupiri. A third rig is to join Woulo Woulo resource drilling next week toward the maiden resource. Incremental to earlier results.
20 May 2024drilling result▲ GoodMajor
First Turaco drilling at Woulo Woulo returned 105m @ 1.61g/t gold from 135m, the best intersection there to date, with deeper holes suggesting mineralisation widens and improves at depth. Cash is stated as over A$20M. Two rigs continue.
17 Apr 2024drilling result▲ GoodMajor
First Afema diamond results from Jonction and Anuiri include 67m @ 8.43g/t gold from 94m, with 1m @ 234.49g/t of visible gold. Turaco says width and grade exceed historical modelling. This supports the push for a maiden resource.
2 Apr 2024farm in farm out completion▲ GoodMajor
Turaco completed the purchase of an initial 51% of the Afema Gold Project, issuing 46.5M shares (12-month escrow) and paying US$1.5M to Endeavour, which now holds ~7%. Two rigs are drilling, over 1,000m of diamond done; 12.34M performance rights vested.
6 Mar 2024farm in farm out agreement▲ GoodMajor
Fortuna Silver Mines gets an option over 80% of the five Tongon North permits, paying US$100,000 now and spending at least US$3.5M over 3 years. Turaco can keep 20% or sell it for US$1.5M. Part of narrowing focus to Afema and Eburnea.
25 Sept 2023drilling result▲ Good
The maiden 5,149m Odienne South program (160 holes) found a continuous zone of more than 1g/t gold over 1,200m, e.g. 12m @ 1.18g/t. Shallow oxide only; open in all directions. Follows the auger anomalies; early-stage, no resource yet.
4 July 2023drilling spud▲ Good
Maiden drilling of about 5,400m has begun at Odienne South, testing 3.5km and 1km gold anomalies after the earlier auger results. Natogo auger at Tongon North confirmed a 1.3km saprolite anomaly with up to 2.24g/t. Shares on issue are now 502.7M.
8 May 2023drilling result● Neutral
Aircore on the western Satama structure found modest oxide gold along 2.5km, best 15m @ 1.04g/t; lower grade than the main trend. Odienne South auger defined a 2km+ anomaly with up to 6.35g/t. Follows the earlier auger results.
23 Jan 2023drilling result▲ GoodMajor
Auger drilling west of the main Satama trend confirmed a second mineralised structure over 3km, with up to 13.6g/t gold, about 1km from the drilled zone. Resolves pending auger assays; aircore follow-up planned. Maiden Odienne auger drilling has begun.
10 Jan 2023drilling result▲ GoodMajor
Twelve follow-up RC holes at Satama included 26m @ 4.82g/t from 35m, the best intersection there to date, in a parallel structure open to the south. Confirms high-grade shoots along the 2km drilled strike; western auger assays pending.
30 Nov 2022drilling result▲ Good
Geophysics and soil sampling at Odienne South (76% effective interest) show a ~10km gold-in-soil anomaly within a 30km trend, with auger drilling planned. Early-stage, no drilling results yet; a new target area beyond Satama.
28 Nov 2022drilling progress report● Neutral
Drilling has restarted at Satama after the wet season, with one RC rig testing high-grade shoots and an auger rig testing western IP structures. Fulfils the planned November restart; no new assay results. New aeromagnetics are being used for targeting.
14 Oct 2022drilling result▲ Good
Auger drilling at Tongon North defined a 5km gold trend with up to 27.1g/t, and aircore at Natoga and P10 hit shallow zones such as 4m @ 3.34g/t from 40m. Resolves the pending Natoga results; follow-up is planned for the dry season.
8 Sept 2022drilling result▲ Good
IP geophysics at Satama shows strong untested anomalies over 4km west of current drilling, and wide-spaced aircore found a new zone over 800m, e.g. 12m @ 1.24g/t. Drilling resumes after the wet season in November; cash about A$7M.
26 July 2022drilling result▲ GoodMajor
Remaining Satama RC results are the best yet, e.g. 30m @ 1.92g/t from 94m and 5m @ 5.96g/t, confirming continuous gold over more than 2km, open in all directions. Management calls it the flagship project. Resolves the pending 20+ RC holes; IP survey also done.
28 June 2022drilling result▲ GoodMajor
First reconnaissance drilling at Bouake North (Eburnea) returned 3m @ 35.79g/t gold from 40m plus several shallower hits, testing two of six auger anomalies. Resolves earlier pending assays; 61 more aircore holes await results. Cash about A$10M.
17 June 2022drilling result▲ GoodMajor
Diamond drilling at Nyangboue (Boundiali, 89%) extended mineralisation, e.g. 4m @ 8.34g/t and 2m @ 13.57g/t, and aircore found a new 400m shallow zone. Resolves the pending Nyangboue assays; cash about A$10M at 31 May.
3 May 2022drilling result▲ GoodMajor
Auger drilling at Natoga (Tongon North) returned up to 11.01g/t and 10.24g/t gold, defining at least four anomalies each over 1km long. An air core rig began a 10,000m program; cash about A$12M. Follows the March Natogo auger anomalies.
26 Apr 2022drilling result▲ Good
First 15 RC holes at Satama confirm mineralisation continues into fresh rock, best 25m @ 1.79g/t from 101m, along more than 3km of strike. Over 20 further holes await assay. Cash about A$12M.
21 Mar 2022drilling result▲ Good
Further aircore results at Satama, e.g. 29m @ 1.48g/t, extend the shallow gold over 3km of strike. A 4,500m RC program is underway; four rigs are now operating plus two auger rigs at Tongon North. Cash about A$13M.
2 Feb 2022drilling result▲ GoodMajor
Maiden RC and aircore drilling at Satama confirmed the October auger discovery, with gold over more than 3km of strike, e.g. 12m @ 3.80g/t and 20m @ 1.61g/t from surface. Mineralisation is open; program expanded, with geophysics planned.
6 Dec 2021drilling result▲ GoodMajor
Auger drilling at Bouake North (Eburnea) returned up to 25.2g/t gold, with trends 1.3-1.6km long and open; soil anomalies merged into one 7km x 4km zone. RC drilling is due early January 2022. Resolves the pending Bouake North assays; Satama drilling ongoing.
12 Nov 2021drilling result▲ GoodMajor
First 11 of 29 RC holes at Nyangboue (Boundiali, Turaco 89%) returned best 9m @ 2.62g/t and 17m @ 1.49g/t, with mineralisation open. Results are broadly consistent with the earlier historic drilling; 18 holes still pending, more drilling planned.
13 Oct 2021drilling result▲ GoodMajor
Auger drilling at the 100%-owned Satama permit (Eburnea project) returned gold over 4.5km of strike, best 9m @ 4.49g/t from 1m and 1m @ 9.91g/t. Company calls it a new discovery; aircore and RC follow-up planned for November 2021.
10 Sept 2021drilling progress report● Neutral
Drilling update: about 1,000m of a 9,000m aircore program done at Boundiali, with RC drilling due to start. Eburnea auger drilling continues with Satama assays pending. Dielle infill auger results show continuous gold anomalism over 5km. No major new results.
2 Aug 2021drilling result▲ Good
Soil sampling at Eburnea defined three anomalies over 2km long, with peaks up to 19.6g/t gold; auger drilling to start late August. Resolute acquisition conditions are satisfied and Randgold's pre-emptive right over Tongon North permits expired unexercised.
21 May 2021farm in farm out agreement● Neutral
Predictive Discovery's own release on the Côte d'Ivoire restructure: it swaps its 23.5% contributing interest for an 11% free-carried stake plus 100 million Manas performance shares. Confirms Manas shareholders must approve under Listing Rule 10.1 because Resolute holds about 25%.
6 Apr 2021drilling result● Neutral
Auger drilling (4,400m) at the 100%-owned Dielle permit defined several anomalies over 1km long, best 3m @ 1.86g/t from surface. Infill drilling follows. Manas also keeps 80% of Eburnea after a third-party option to take half lapsed.
10 Feb 2021drilling result● NeutralMajor
RC assays from 21 holes (2,207m) at Mbengué returned narrow intercepts, best 12m @ 1.13g/t at Le Vieux. Manas has completed its US$2M earn-in to 70% of PR272 with Perseus. Modest results; more auger and soil work planned.
22 Dec 2020drilling progress report● Neutral
About 2,000m of RC drilling (20 holes) is complete at Le Vieux, Phew and Madala, showing broad alteration and sulphides, with assays awaited. Drilling pauses for Christmas. No assay results yet; the Mbengué project now spans about 1,040km2 including an application.
