Predictive Discovery Limited (ASX:PDI) has obtained further positive exploration drilling results from the Bankan Gold Project in Guinea, from various targets near the 5.38Moz NEB and BC deposits1, and at Argo, which lies 15-20km north of NEB and BC.
Highlights
- Latest drilling at Argo target, Fouwagbe, delivers results of 4m @ 12.14g/t from 6m, 4m @ 3.96g/t from 30m, 4m @ 2.62g/t from 6m, 6m @ 1.56g/t from 12m and 4m @ 1.85g/t from 20m.
- These results extend the Fouwagbe mineralisation along strike to both the north-east and south-west of initial reverse circulation (RC) drilling results of 12m @ 6.75g/t from 41m and 4m @ 4.81g/t from 90m.2,3
- Promising initial aircore (AC) drilling results at Sinkoumba (Argo) of 4m @ 6.87g/t from 18m and 2m @ 10.90g/t from 54m, located south-west of Fouwagbe in the same anomalous corridor.
- Ongoing near-resource exploration programme continues to produce positive results near NEB and BC.
“PDI’s exploration is currently focused on drilling the numerous regional Argo targets and near-resource targets, both where we are making excellent progress,” Managing Director, Andrew Pardey, said.
“We have multiple high-priority targets at Argo from our exploration work so far, including the exciting Fouwagbe target, where initial follow-up drilling has delivered promising results which extend the mineralisation in both directions along strike from the initial discovery holes. Many existing and new targets are being drilled as part of this current program and positive results have also been reported today from Sinkoumba, which is in the same corridor as Fouwagbe.”
“Near-resource targets 800W, SB and SEB continue to deliver positive results and, with the level of drilling now completed, we can see potential for these to become satellite deposits that could feed an operation centred around the NEB and BC deposits. Initial drilling has also been encouraging at multiple other targets, and today’s results include the first holes at BC East which is now another area showing early promise.”
“The Bankan Gold Project has enormous exploration upside and PDI will continue to systematically advance multiple exploration programs with the aim of discovering more ounces to grow the current 5.38Moz resource.”
