Predictive Discovery Ltd has struck broad intersections of high-grade gold at the Fouwagbe and Sounsoun prospects of the Bankan Gold Project in Guinea, which will form the foundation of maiden mineral resources for each target area.
The drilling at Fouwagbe unearthed solid results of up to 0.85 metres at 31.56 g/t gold from 14.15 metres and 7.5 metres at 2.13 g/t from 102.5 metres, offering a greater understanding of the mineralised zone within the prospect.
Drilling at Sounsoun produced broad intersections of up to 17 metres at 1.76 g/t gold from 35 metres and 23 metres at 3.07 g/t from 77 metres, with the latter hole ending in mineralisation, pointing to potential for more gold at depth.
Evidence of further mineralisation
“The Fouwagbe and Sounsoun targets at Argo continue to deliver encouraging resource definition drilling results as we advance towards maiden mineral resource estimates later this quarter,” Predictive Discovery managing director Andrew Pardey said.
“The high-grade results at Fouwagbe have extended known mineralisation in some areas and indicate the potential for additional mineralised shoots to be defined by future drilling.
“We are particularly encouraged by strong intercepts from an underexplored part of Sounsoun’s southwestern corridor.
“Among these results is one of the best drill holes recorded in the entire Argo area so far, which ended in mineralisation, highlighting the potential for extensions.
“This further demonstrates the scale of gold mineralisation in the area, reinforcing our belief that systematic exploration across the Bankan permits will continue to unlock significant opportunities.”
Deposits and targets at the Bankan Gold Project.
PDI’s current drilling activities are focused on the regional areas to the north of the NEB and BC deposits (host to the project’s 5.38-million-ounce gold resource), while the drilling results from Fouwagbe and Sounsoun are incorporated into resource estimates.
Predictive also intends to return the drill bit to both prospects, as the company considers the latest results “highly encouraging” and intends to follow-up with more exploration.
Additionally, PDI is undertaking early exploration activities at Argo and the southern part of the Bokoro permit to further develop the pipeline of targets moving through the exploration phases.
Full assay results
Fouwagbe results:
- 5 metres at 15.98 g/t gold from 55 metres including 1 metre at 71.98 g/t from 57 metres;
- 7.5 metres at 2.13 g/t from 102.5 metres and 3.5 metres at 11.93 g/t from 141 metres;
- 1 metre at 10.85 g/t from 121 metres, 2 metres at 7.85 g/t from 145 metres and 1.75 metres at 13.93 g/t from 230.75 metres;
- 0.85 metres at 31.56 g/t from 14.15 metres and 4 metres at 1.71 g/t from 18 metres;
- 1.55 metres at 10.27 g/t from 32.6 metres and 1 metre at 11.37 g/t from 203 metres;
- 12 metres at 1.40 g/t from 89 metres; and
- 9 metres at 1.44 g/t from 7 metres and 6 metres at 1.53 g/t from 29 metres.
Fouwagbe long section.
Sounsoun southwest corridor:
- 17 metres at 1.76 g/t gold from 35 metres and 23 metres at 3.07 g/t from 77 metres (hole ends in mineralisation);
- 2 metres at 15.97 g/t from 164 metres and 3 metres at 25.01 g/t from 171 metres;
- 6 metres at 9.09 g/t from 154 metres including 1 metre at 47.08 g/t; and
- 8 metres at 6.15 g/t from 119 metres including 2 metres at 18.91g/t.
Sounsoun east-west shear zone:
- 4 metres at 0.80 g/t gold from 30 metres and 7 metres at 0.75 g/t from 60 metres;
- 7 metres at 0.94 g/t from 133 metres; and
- 1 metre at 4.51 g/t from 99 metres.