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    Predictive Discovery encounters ‘high grade’ gold zone below NE Bankan pit shell

    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 shell
    Location of the two new gold intercepts (in red) at NE Bankan, sitting below the optimised pit shell

    Drilling 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
    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 25-01-2022
    • Gold $1,843.10
    • Silver $23.99
    • Platinum $1,027.00
    • Palladium $2,078.00
    • Dalian Iron Ore i2205 $117.13
    • Aluminium $3,040.50
    • Cobalt $72,000.00
    • Copper $9,941.00
    • Lead $2,371.00
    • Nickel $24,028.00
    • Tin $43,955.00
    • Zinc $3,635.00