- Predictive Discovery (PDI) has received further results from reverse circulation and diamond drilling at its Bankan Project in Guinea
- Up to 5500 metres of reverse circulation (RC) drilling was undertaken at the NE Bankan prospect to test oxide gold mineralisation and up to 14.4g/t gold was intersected
- A further 3700 metres of diamond drilling was then completed and up to 8.5g/t gold was returned
- Following further analysis of the results, Predictive’s second phase drilling program is scheduled to begin around October 22
- Predictive is down a slight 1.47 per cent and shares are trading for 6.7 cents each
Predictive Discovery (PDI) has received further results from reverse circulation and diamond drilling at its Bankan Project in Guinea.
Up to 5500 metres of reverse circulation (RC) drilling was undertaken at the NE Bankan prospect to test oxide gold mineralisation over 1.3 kilometres of the 1.6 kilometre-long zone.
15 holes were drilled and results have provided further confidence in the central lodes.
Best results include 55 metres at 3.3g/t gold from four metres including two metres at 7.9g/t gold from 37 metres and one metre at 14.4g/t gold from 51 metres.
Up to 3700 metres of diamond drilling was completed to intersect true widths of gold mineralisation at depth between the NE Bankan gold lodes.
Four diamond holes were drilled to a maximum depth of 233.5 metres with mineralisation remaining open down dip.
Significant results include 44 metres at 1.5g/t gold from 33 metres including two metres at 8.5g/t gold from 70 metres, and 29 metres at 1.4g/t gold from eight metres including two metres at 8.5g/t gold from 10 metres.
“These most recent RC and DD drilling results have provided important new insights into the geology of the NE Bankan discovery,” Managing Director Paul Roberts commented.
“The relative simplicity of the interpretation to date suggest than that line to line continuity is good, complementing our earlier recognition of good hole-to-hole continuity on the cross-sections and a generally even distribution of gold grades across strike,” he said.
Following further analysis of the results, Predictive’s second phase drilling program is scheduled to begin around October 22.
Predictive is down a slight 1.47 per cent and shares are trading for 6.7 cents each at 11:42 am AEST.