Predictive Discovery Ltd (ASX:PDI) has revealed encouraging new soil sampling results from its Kankan Project in Guinea’s Siguiri Basin which hosts Anglogold’s large Siguiri Mine (+10 million ounces of gold).
The results are from infill and extension soil sampling programs on a soil geochemical anomaly which is now known to be 7 kilometres long with a peak value of 570 ppb gold.
306 samples were collected in this most recent phase of work and four +100 ppb anomalies were identified.
Kankan Project soil sampling results with wides zones of 20-50 ppb gold anomalies (green), 50-100 ppb gold anomalies (yellow) and +100ppb gold anomalies (red).
These results form part of Predictive’s ongoing 2019 Guinea exploration campaign, with good progress already made at the Boroto, Yomadou, Nonta and Kankan Projects.
The company currently holds about 500 square kilometre of highly prospective ground in this emerging world-class gold region.
Predictive’s landholdings in Guinea
Predictive Discovery managing director Paul Roberts said: “Our optimism that the Kankan Project will contain significant bedrock gold mineralisation is growing as each exploration phase reveals higher value gold-in-soil trends within the 7-kilometre zone.
“Our early stage programs are designed to vector down on targets for follow-up drilling programs, which the company plans to undertake after the wet season.
“The Kankan results further confirm the high regional prospectivity for gold mineralisation within multiple exploration projects across the company’s 100% owned Guinea landholdings.”
Work will continue during the rainy season (July to October) with the aim of narrowing down on targets at the Kankan Project for follow up drilling after the wet season.
This will include:
• an additional phase of infill soil sampling, tightening the sample density to 200 x 25m to assist with identification of follow up drill targets;
• regolith mapping and pitting to help interpret the geochemical results;
• XRF analysis of soil samples, specifically titanium/zirconium ratios, to help map underlying rock types;
• a possible ground magnetic survey to help identify underlying mineralised structures controlling the distribution of higher tenor gold-in-soil anomalies.
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Assuming ongoing good results from above work programs, Predictive hopes to drill some of the Kankan targets after the rainy season, possibly commencing with power auger followed by an RC drill program.