Predictive Discovery extends Bankan Creek gold zone with hits of up to 42 metres at 2.8 g/t

Predictive Discovery extends Bankan Creek gold zone with hits of up to 42 metres at 2.8 g/t

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Predictive Discovery Ltd (ASX:PDI) has further expanded the Bankan Creek zone at Bankan Gold Project in Guinea after receiving results of up to 42 metres at 2.8 g/t gold from 12 metres to the end-of-hole. Results from four shallow holes of reverse circulation (RC) drilling have provided indications of further gold mineralisation. The drilling was carried out along strike and 100 metres to the north of a diamond drill hole that returned 23 metres at 2.4 g/t, 23 metres at 2.0 g/t and 21 metres at 1.0 g/t and an aircore hole result of 44 metres at 2.1 g/t. Results from the northernmost line have outlined a gold mineralised envelope about 100 metres wide and open to the north. Wider than expected Predictive managing director Paul Roberts said: “We are pleased with the new drill success at Bankan Creek as the mineralised zone is wider than we expected and now clearly open to the north. “As we explore further there, we see increasing similarities with the NE Bankan mineralisation, which is also encouraging.” NE Bankan results Assays from a further seven infill RC drill holes on two lines at NE Bankan also returned encouraging results including: 9 metres at 2.3 g/t from 26 metres; 18 metres at 1.0 g/t from 7 metres; and 31 metres at 0.9 g/t from 7 metres. Predictive is undertaking a 17-line RC drilling program testing beneath the 1.3-kilometre-long NE Bankan gold anomaly, with completed holes confirming wide zones gold mineralisation which remain open at depth. Aggressive drilling Roberts said: “While our immediate priority remains NE Bankan, we will return to Bankan Creek and drill further to the north when an RC rig becomes available. “In the interim, we will drill two diamond drill holes from west to east across the Bankan Creek zone to test for the true width of gold mineralisation at depth. “We continue our aggressive drilling program across the Bankan Project. “The exciting new greenfields discoveries at NE Bankan and Bankan Creek have given us a mineralisation model to pursue across the Kaninko and Saman permits and we look forward to the results of regional power auger drilling to identify similar mineralisation in new areas. “The company will continue to identify new areas at Bankan and elsewhere on our ground holdings in Guinea for follow-up drilling. “Our objective is to discover as many ounces as quickly as possible.” Predictive holds a large landholding in Guinea’s Siguiri Basin and believes that the basin represents one of the most underexplored and prospective gold regions in West Africa. Next steps Predictive is drilling diamond holes across the Bankan Project from west to east designed to intersect the interpreted gold mineralised zone across its true width. Eight of these holes have been completed and more are planned at NE Bankan and Bankan Creek. RC drilling on the Saman permit immediately north of the main NE Bankan zone is in progress, testing the northern extensions of the NE Bankan discovery. Results from auger drilling designed to explore for additional NE Bankan-style mineralisation across both the Kaninko and Saman permits are awaited.

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