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- Predictive Discovery (PDI) has received results from three additional diamond holes drilled at the Bankan Gold Project in Guinea
- Several high-grade results were intercepted with grades peaking 14.2g/t gold
- The results show that mineralisation at Bankan Creek extends at least 160 metres along strike with widths of up to 100 metres
- Predictive has also provided an update regarding its auger drilling program which has been ongoing since October
- The aim of this drilling is to search for gold mineralisation between the Bankan West, Bankan Creek and NE Bankan prospects
- Grades peaked at 7.35g/t gold and follow-up exploration is required in all holes where low-grade mineralisation was obtained
- Predictive is steady on the market and shares are trading at 6.8 cents
Predictive Discovery (PDI) has received results from three additional diamond holes drilled at the Bankan Gold Project in Guinea.
Several high-grade results were intercepted with better results of seven metres at 10.2g/t gold from 104 metres, including five metres at 14.2g/t gold and 22.8 metres at 2.6g/t gold from 10 metres, including 9.2 metres at 5.9g/t gold.
The results show that mineralisation at Bankan Creek extends at least 160 metres along strike with widths of up to 100 metres.
Step-out drilling has been planned to test the down-dip extent of the mineralisation.
“We are very pleased that the Bankan Creek gold mineralisation is extending to the north, as we had hoped, with shallow, wide, high-grade gold intersected,” Managing Director Paul Roberts said.
“With more drilling planned to the north, south and at depth, we believe that the mineralised footprint and strike at Bankan Creek will continue to grow and should make a contribution to our planned Bankan mineral resource estimate,” he added.
Predictive has also provided an update on its auger drilling program, which has been ongoing since October.
Drilling initially focused on an 80-metre by 80-metre area, however, this was expanded to 320 metres by 80 metres to allow more coverage.
The aim of this drilling is to search for gold mineralisation between the Bankan West, Bankan Creek and NE Bankan prospects.
Better results include three metres at 7.35g/t gold from four metres and 11 metres at 1.35g/t gold from four metres.
The results have indicated that the more prospective areas for gold mineralisation lie to the north and south of the prospects.
Follow-up exploration is required in all holes where low-grade mineralisation was obtained.
Drilling focus has now moved to the NE Bankan Prospect where three rigs are drilling along strike and at depth to test the prospect more thoroughly.
Once completed the rigs will return to Bankan Creek to drill additional holes along strike to the north and south.
Additionally, airborne magnetic and radiometric surveys have begun at the Bankan and Koundian projects with results to be used to generate targets for future drilling programs.
Predictive is steady on the market and shares are trading at 6.8 cents at 10:35 am AEDT.
