Predictive Discovery Ltd (ASX:PDI (OTC:IDXG), OTC:PDIYF) has hit more high-grade gold in resource definition drilling at the Fouwagbe target of the Bankan Gold Project in Guinea as it works toward a maiden mineral resource estimate.
The drilling returned results of 16 metres at 11.16 g/t gold from 159 metres, which included a bonanza-grade intersection of 1 metre at 148 g/t, and 15 metres at 6.46 g/t from 106 metres, including 3 metres at 19.85 g/t.
PDI says the results validate its geological interpretation, which has modelled southwest plunging shoot-like zones of gold mineralisation, outcropping near artisanal workings.
Predictive intends to conduct follow-up drilling based on the updated interpretation, infilling the drill pattern around existing holes.
Fouwagbe long section
Defining additional mineral resources
“Regional exploration within the highly prospective Bankan Gold Project permits is an important focus for the company and complements the progress being made with permitting and study activities for the NEB and BC deposits,” Predictive Discovery managing director Andrew Pardey said.
“A key aim of our regional programs is to define new deposits to grow the project’s overall mineral resources and resource definition drilling is progressing well at the Fouwagbe and Sounsoun targets.
“Recent results from Fouwagbe have delivered multiple strong intercepts, further highlighting the potential of the area.
“Pleasingly, the results have allowed us to refine the geological model and support further drilling as we work towards a maiden mineral resource estimate.
“Resource definition drilling has recently recommenced at Sounsoun and regional exploration at Argo and Bokoro South is ongoing with the aim of defining new promising targets areas.”
The drilling at Sounsoun will focus on infilling the central part of the east-west shear zone, which was originally defined by the previous drilling campaign in the region.
Predictive expects to produce maiden mineral resource estimates for Fouwagbe and Sounsoun in early 2025, once follow-up drilling and resource modelling is complete.