Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) has received promising gold results from exploration drilling across the Fouwagbe prospect near the Argo target, as well as the Sinkoumba prospect to the southwest and the area around the Northeast Bankan (NEB) and Bankan Creek (BC) gold deposits at the Bankan Project in Guinea.
The company’s drilling results extended mineralisation at Fouwagbe along strike to the northeast and southwest, while the Sinkoumba results demonstrated continued prospectivity in the same anomalous corridor.
Regional Argo targets
“PDI’s exploration is currently focused on drilling the numerous regional Argo targets and near-resource targets, both where we are making excellent progress,” Predictive Discovery 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.”
Assays from these two targets include:
Fouwagbe:
- 4 metres at 12.14 g/t gold from 6 metres;
- 4 metres at 3.96 g/t from 30 metres;
- 4 metres at 2.62 g/t from 6 metres;
- 6 metres at 1.56 g/t from 12 metres; and,
- 4 metres at 1.85 g/t from 20 metres of depth.
Sinkoumba:
- 4 metres at 6.87 g/t gold from 18 metres; and,
- 2 metres at 10.90 g/t from 54 metres.
Near-resource targets
“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,” Pardey continued.
“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 5.38-million-ounce resource.”
Near resource exploration assay results include:
- 10 metres at 1.84 g/t gold from 35 metres;
- 6.75 metres at 1.96 g/t from 78.3 metres; and,
- 12 metres at 0.69 g/t from 102 metres.
- 4 metres at 2.47 g/t gold from 49 metres;
- 6 metres at 1.52 g/t from 24 metres;
- 2 metres at 3.84 g/t from 5 metres; and
- 1 metre at 8.40 g/t from 70 metres.
NEB South:
- 3 metres at 5.84 g/t gold from 19 metres; and
- 2.86 metres at 4.57 g/t from 64.64 metres.
BC East:
- 16 metres at 1.58 g/t gold from 5 metres; and
- 7 metres at 0.67 g/t from 92 metres.
Other targets:
- 1 metre at 29.80 g/t gold from 99 metres (NEB North); and
- 5 metres at 2.35 g/t from 5 metres.