Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) continues to confirm orebody consistency during infill drilling of the NE Bankan (NEB) resource pit shell at the Bankan Gold Project in Guinea.
The company has returned broad, high-grade drill results from the middle to lower parts of NEB’s resource pit shell, which include:
- 50 metres at 3.79 g/t gold from 530 metres;
- 51 metres at 3.28 g/t from 509 metres;
- 29 metres at 5.20 g/t from 412 metres; and
- 29 metres at 4.18 g/t from 346 metres.
Looking ahead, this is a crucial part of the scoping study and is therefore a key step in PDI's strategy to secure a mining permit for the Bankan Project.
“Great confidence”
PDI managing director Andrew Pardey said: “We continue to take great confidence from the quality of infill drilling results at NEB, which is a testament to the orebody’s consistency.
“PDI is working diligently towards completion of a scoping study by the end of 2023 to facilitate permitting in the first half of 2024.
“Infill drilling to support further mineral resource upgrades in Q3 2023 is a crucial part of our strategy and will enable PDI to deliver a robust scoping study based on a significant proportion of indicated mineral resources.
“Separately, we are excited to be ramping up exploration activity at the regional Argo targets, as well as at targets close to the NEB and BC deposits.
“We look forward to providing updates shortly.”
Forward plan
Re-logging of all historical Bankan Creek (BC) holes were completed to refine the geological model and assist with future drilling targeting to upgrade and extend the mineral resource.
Geological understanding has improved significantly, which will assist with future drilling targeting to upgrade the mineral resource from inferred to indicated and target extensions to the mineralisation.
The next phase of drilling at BC will be planned following the finalisation of the updated geological model and receipt of all outstanding assay results.