Predictive Discovery Ltd (ASX:PDI) has produced several broad, high-grade gold intersections from resource definition drilling at its 4.2-million-ounce Bankan Gold Project, offering an opportunity to add materially to the resource estimate.
The company drilled eight new infill and resource expansion diamond holes at the Northeast (NE) Bankan deposit, totalling 4,063 metres. Results of note include:
- 43 metres at 4.88g/t gold from 304 metres, including 20 metres at 7.54g/t gold from 326 metres and 4 metres at 16.53g/t gold from 342 metres;
- 48 metres at 5.26g/t gold from 216 metres, including 25 metres at 8.42g/t gold from 234 metres and 5 metres at 19.56g/t gold from 254 metres;
- 30 metres at 3.43g/t gold from 669 metres, including 11 metres at 6.22g/t gold from 675 metres;
- 38 metres at 2.52g/t gold from 436 metres, including 5 metres at 6.51g/t gold from 456 metres;
- 41 metres at 3.49g/t gold from 354 metres, including 19 metres at 6.52g/t gold from 373 metres;
- 14 metres at 2.94g/t gold from 727 metres, including 3 metres at 9.88g/t gold from 736 metres; and
- 65 metres at 2.76g/t gold from 205 metres, including 6 metres at 13.15g/t gold from 257 metres.
Largest West African gold discovery in 10 years
“Predictive’s next phase of drilling, which is focused on further defining the quality and extending the fast-growth resource of the NE Bankan gold deposit, continues to prove up the significance of what is the largest gold discovery in West Africa for over a decade,” Predictive Discovery managing director Andrew Pardey said.
“As we continue to drill out our assets and move towards the development phase of the project, we are also highly encouraged by the consistency and quality of the resource through our initial grade control drilling at NE Bankan.
“With the expanded drilling cap and the data gathered to date, Predictive continues to maintain significant momentum in its development as we gain further knowledge of what will clearly become a Tier 1 asset in the gold mining industry.”
The company’s next steps will involve:
- ten rigs undertaking resource expansion and infill drilling at NE Bankan, Bankan Creek and near-mine exploration programs along strike of the Bankan Project area;
- ongoing ground geophysics programs;
- regional drilling around Bankan with auger, aircore and reverse circulation (RC) programs underway;
- a 52-hole RC program to begin at the Nonta Project 45 kilometres north of NE Bankan; and
- ongoing environmental and social studies.