Predictive Discovery Ltd (ASX:PDI (OTC:IDXG), OTC:PDIYF) has unearthed solid gold results at Sounsoun target in the Argo area of the Bankan Gold Project in Guinea, with a resource development program producing results of up to 6 metres at 19.98 g/t gold from 13 metres, including 2 metres at 53.92 g/t from 15 metres.
Results are still pending for a further 1,841 metres over 10 holes from Sounsoun, which will inform a potential follow-up drilling program in 2025 and a maiden mineral resource estimate (MRE) for the Argo area.
Targeting the MRE for the first quarter of 2025, PDI has resumed resource definition drilling at Fouwagbe, with exploration drilling at Argo and Bokoro South continuing in parallel.
“Excellent continuity over strike”
“We remain focused on advancing PDI’s regional drilling programs as part of our strategy to identify and define new deposits within the highly prospective Bankan Gold Project,” Predictive Discovery managing director Andrew Pardey said.
“We are very pleased with the latest results from resource development drilling at Sounsoun, which include some of the best intercepts so far at this target.
“These results further define the mineralisation associated with a shear zone, which is demonstrating excellent continuity over a strike of at least 300 metres so far and is open at depth.
“PDI is on track to release maiden mineral resource estimates in the first quarter of 2025 for Argo targets, Sounsoun and Fouwagbe, as well as for the 800W target in the NEB area.”
Sounsoun drill plan.
Other strong results from the east-west trending shear zone at Sounsoun include:
- 13 metres at 3.28 g/t gold from 132 metres, including 2 metres at 10.98 g/t from 135 metres;
- 15 metres at 1.34 g/t from 49 metres;
- 6 metres at 1.78 g/t from 170 metres;
- 6.55 metres at 1.43 g/t from 211.2 metres;
- 12 metres at 0.58 g/t from 141 metres and 1 metre at 28.19 g/t from 157 metres;
- 7 metres at 1.13 g/t from 8 metres; and
- 6 metres at 1.26 g/t from 80 metres.
Next (LON:NXT) steps
PDI’s drilling efforts are focused on regional areas to the north of the NEB and BC deposits, which host the project’s current 5.38-million-ounce mineral resource.
Resource development drilling has recently resumed at Fouwagbe in the Argo area, to infill the drill pattern around existing holes and test extensions and other target areas.
Further drilling at Sounsoun and Fouwagbe will be assessed based on results with a view to supporting the maiden mineral resource estimates which are planned for the first quarter of 2025.
Earlier stage regional exploration programs are continuing at Argo and the southern part of the Bokoro permit to further develop the pipeline of targets moving through the exploration phases.