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    • Delayed Prices (USD) - Last Updated 23-10-2021
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    Predictive Discovery reports 400m ‘high grade’ vertical gold zone at Bankan, Guinea

    Predictive Discovery (ASX: PDI) has reported a ‘high grade’ gold zone of up to 400 vertical meters from step-out diamond drilling at its Bankan Gold Project in Guinea.

    The company reported a number of ‘outstanding’ broad, high-grade results from three diamond holes, including:

    • Hole BNERD0090: 26m @ 7.0g/t Au from 407m, including:
      • 11m @ 13.6g/t Au from 407m
    • Hole BNERD0091: 6m @ 5.9g/t Au from 393m, including:
      • 6m @ 12.2g/t Au from 400m
    • Hole BNERD0092: 38m @ 3.6g/t Au from 380m, including:
      • 15m @ 6.4g/t Au from 395m

    Results from the three holes, which were tasked with testing depth extent at NE Bankan central, confirm the prospect to be a high-grade gold zone over a strike length of more than 100m.

    Addressing the update, Predictive Discovery Managing Director Paul Roberts said: “These exciting new results confirm that the NE Bankan central high-grade gold zone is persisting to 400 metres vertical depth over a strike length of more than 100m and has obvious potential to grow further both to the south and at depth.

    Drilling results have put the company on track to deliver a mineral resource estimate for NE Bankan, along with Bankan Creek by late September 2021.

    NE Bankan shaping up as a large gold deposit

    According to the company, reinterpretation of earlier holes and ongoing drilling into the newly recognised high-grade gold zone indicates that higher gold grades are strongest directly below a major shear zone where it coincides with the contact between mafic volcanics (above) and gold mineralised felsic intrusive rocks (below).

    The company reports that the recognition of the shear/mafic/felsic contact control is now being used to target depth and along strike extensions to the high-grade zone, as well as infilling at shallower depths to gain a better understanding of gold grade distribution.

    Predictive Discovery has said that NE Bankan is continuing to shape up as a large gold deposit containing a deepening high-grade core zone with excellent geometry to support a large-scale open pit mine.

    Assay results are pending for two more diamond drill holes testing the same depth range, with potential to further extend the strike length of the high-grade zone.

    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 23-10-2021
    • Gold $1,793.20
    • Silver $24.28
    • Platinum $1,038.00
    • Palladium $1,948.00
    • Dalian Iron Ore i2201 $110.96
    • Aluminium $2,910.50
    • Cobalt $58,598.87
    • Copper $9,831.50
    • Lead $2,400.00
    • Nickel $19,930.00
    • Tin $37,250.00
    • Zinc $3,429.50