Exceptional Returns From Shallow And Deep Drilling In Guinea
Predictive Discovery Limited (ASX: PDI) has drilled multiple, wide gold intersections including some exceptionally high gold grades from shallow oxide and deeper drilling at NE Bankan zone within the Bankan Gold Project, located in Guinea.
Best results from the 10 Reverse Circulation (RC) and three Diamond Drill (DD) holes (totalling 1,709m) completed at the Bankan Gold Project include:
- 45m @ 5.4g/t Au from 65m, incl. 1m @ 187.5g/t Au
- 65m @ 2.7g/t Au from 47m, incl. 7m @ 9.8g/t Au, and 1m @ 13.6g/t Au, and 2m @ 8.2g/t Au
- 19m @ 4.8m Au from 178m, incl. 6m @ 13.7g/t Au
- 10m @ 4.0g/t Au from 141m, incl. 4m @ 7.7g/t Au
- 74m @1.3g/t Au from 6m, incl. 2m @ 10.1g/t Au
“The latest results strengthen our belief that NE Bankan has all the hallmarks of a plus-million ounce gold system, with broad zones of gold consistently intersected over a growing strike length,” Managing Director, Paul Roberts, said.
“The presence of some extremely high grades in these new results also speaks to the strength of the gold mineralised system. With highly encouraging drill results also being received from other prospects in the area, the potential for a multi-million-ounce resource inventory across the Bankan Project is increasing with every new set of results.
“Infill hole BNERD0007 suggests a flattening of the gold mineralised structure with depth, highlighted by an intersection of 19m @ 4.8 g/t from 178m. If a similar flattened dip is observed at depth on adjacent cross-sections, the volume of mineable gold within a potential future open pit mine may be significantly expanded.”
Following receipt of results from the ongoing RC and DD drilling programme, infill drilling will be carried out to support the Maiden Resource Estimate planned for mid-2021. Metallurgical test work is scheduled to begin in April 2021.
In addition to the ongoing RC and Diamond drilling, power auger drilling has been in progress since October last year. The focus of the power auger is to search for gold mineralisation in the areas around Bankan West, Bankan Creek and NE Bankan.
Once results from the recently completed aeromagnetic survey are assessed, auger programs will be extended further to the north and south in the search for new satellite gold discoveries.
