Bankan Gold Find Now Out To 1.3 Km
Predictive Discovery Ltd (ASX:PDI) has successfully extended the combined strike length of the Bankan gold discovery to approximately 1.3 km with a major power auger programme in Guinea.
The company completed 65-holes, totalling 1,300m, on an 80m x 80m grid at the NE Bankan gold discovery within its Kaninko and Saman Exploration Permits.
Holes were drilled to a depth of 20m and samples assayed in 2m intervals. The drill holes penetrated through the overlying laterite into mottled clay and saprolite with a series of gold-anomalous results obtained.
The shallow drilling returned better intercepts of 16m at 1.13g/t goldand 16m at 1.39g/t gold within the new 300-metre long zone of plus 0.25g/t gold mineralisation. Both holes stopped in plus-1g/t gold mineralisation.
The auger holes were designed to explore for extensions to the NE Bankan gold discovery, a large gold-anomalous zone initially identified through soil and laterite sampling programmes, which is now known to extend across both the Kaninko and Saman Permit areas.
Predictive holds approximately 800 sq. km of prospective landholdings across five projects all containing artisanal gold workings. All projects are within the Siguiri Basin which hosts Anglogold’s large Siguiri Mine (+10Moz). The Guinea projects were identified by Predictive during its terrain-scale assessment of the Siguiri Basin in late 2018 using the company’s Predictore gold targeting system.
The Kaninko Project, is located within an underexplored part of the richly mineralised West African Birimian gold belt and is underlain by mafic metavolcanics and intrusives, granitic rocks and minor metasediments.
