Predictive Discovery Ltd (ASX:PDI) has extended the NE Bankan Gold deposit at depth in recent diamond and reverse circulation drilling with hits of up to 51 metres at 1.4 g/t from 161 metres and 14 metres at 7.2 g/t from 217 metres, including 3 metres at 24.8 g/t and 1-metre at 12.3 g/t.
This drilling is part of the ongoing resource definition program at the Bankan Gold Project in Guinea’s Siguiri Basin where results are expected to add materially to the mineral resource estimate that is due in mid-2021.
As well as the 51 metres in hole BNERD009, other strong new results include:
- 38 metres at 1.7 g/t from 1-metre, including 1-metre at 15.7 g/t from 13 metres;
- 11 metres at 3.0 g/t from 43 metres, including 1-metre at 25.4 g/t from 46 metres; and
- 68 metres at 0.7 g/t from 49 metres.
“Highly encouraging” results
Managing director Paul Roberts said: “These highly encouraging new results from NE Bankan continue to grow the deposit both in the shallow oxide and at depth.
“The new drill intercepts in BNERD0009 are especially pleasing.
“We can now see two parallel, thick zones of gold mineralisation extending down-dip from the holes above, consisting of an upper 50-metre-wide zone averaging 1.4g/t gold and a much higher-grade zone below it.
“Hole BNERD0009 intersected an exceptional 14 metres at 7.2g/t gold in this second zone.
“Both zones are open to depth and require substantially more drill-testing at depth.”
NE Bankan cross-section showing diamond drill hole BNERD0009 (red result labels).
Ongoing drilling continues
RC and diamond drilling continues with three rigs at Bankan to support to support the maiden resource estimate planned for mid-2021 with metallurgical test-work scheduled to begin in the coming month.
Two power auger rigs are active on the Bankan Project with the focus being to explore for gold mineralisation beneath significant artisanal workings on the Argo permit approximately 20km to the north of NE Bankan.
Predictive has also completed processing and is now undertaking interpretation of the recently acquired aeromagnetic survey.
NE Bankan cross-section showing DD holes BNERD004A, BNERD0011A, BNERD0051W and new RC holes BNERC0052-57 (red labels).