PDI - Buy side is stacked this morning. Pending results from recent drill campaign which previously encountered mineralisation in chip-channel sampling in the Kokoumbo Hill prospect (ASX release of 10 November 2015), including: o 44m at 3.8g/t Au including 2m at 25.7g/t Au, and o 26m at 2.9g/t Au.
JV with Toro Gold Limited(Uk Based private gold exploration and development company)- Toro’s recent work has demonstrated that there is a new style of mineralisation on Kokoumbo Hill with significant gold grades in the near surface, which is untested by previous drilling. Large areas of exposure generated by artisanal miners in the past year suggest that a substantial mineralised system could be present.
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