Predictive Discovery (ASX:PDI) has announced a new round of exploration results from its Bankan Gold Project in Guinea, with two diamond drill holes intersecting ‘high grade’ zones of gold mineralisation below the US$1,800/oz NE Bankan resource pit shell.
Highlight results include:
- Hole BNERD0102: 34m @ 5.5g/t Au from 441m; including
- 2m @ 15.5g/t Au from 453m
- 13m @ 9.6g/t Au from 460m
- Hole BNERD00101: 21m @ 2.9g/t Au from 574m; including
- 1m @ 11g/t Au from 588m
- 13m @ 4.6g/t Au from 601m; including
- 7.3m @ 7.0g/t Au from 606m
Addressing these latest results, Predictive Discovery Managing Director Paul Roberts said: “Deep drilling at NE Bankan continues to extend the high-grade zone to depths of more than 500m below surface and remains wide open at depth. BNERD0102 intersected the target high-grade gold mineralised zone containing an impressive 34m @ 5.5g/t Au including 13m @ 9.6g/t Au providing further confirmation that the high-grade zone is at least 150m long below the limits of the US$1,800/oz resource pit shell.
“Deep drilling at NE Bankan continues to extend the high-grade zone to depths of more than 500m below surface”
BNERD0101, the deepest hole drilled so far, intercepted the southern limit of the high-grade zone, having deviated south from its target position and included 13m @ 4.6g/t Au from 601m.
Assays are pending for a further three deep drill holes, two of which are currently in progress.”
The company reports that deep drilling continues at NE Bankan, tasked with extending a ‘high-grade’ gold zone at depth below the optimised pit shell that contains the prospect’s mineral resource estimate. Two multipurpose drill rigs are in operation, with both currently at depths of 500-650m below surface.
Location of the two new gold intercepts (in red) at NE Bankan, sitting below the optimised pit shellDrilling has also demonstrated that this ‘high-grade’ mineralisation, situated below the hangingwall shear zone, remains open at depth.
Power auger drilling at Bankan recommenced in November following a longer-than-usual wet season. This work is designed to test structural target areas generated from aeromagnetic surveys.
Diamond and aircore drilling will pause over the Christmas / New Year break, while a single auger rig will continue through the holiday period.
Images: Predictive Discovery Limited
