Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) has kicked-off a near-resource and regional exploration drilling campaign at the Bankan Gold Project in Guinea, seeking to capitalise on geophysical data and aircore drilling results to identify new gold mineralisation.
“The Bankan Gold Project has significant exploration upside, both near the existing NEB and BC deposits, and regionally along the 35-kilometre gold structure of the Siguiri Basin margin,” Predictive Discovery managing director Andrew Pardey said.
The company is advancing several gradient array induced polarisation (GAIP) surveys over the Argo targets and has planned a 3D pole-dipole induced polarisation (P-DIP) survey for the AG1, AG2 and AG4 targets.
Regional exploration progress
“We are making good progress with our exploration program at the regional Argo targets,” Pardey continued.
Argo targets and planned IP survey and auger drilling areas
“IP surveys are nearing completion, which will assist us to refine the targets identified from previous geophysics surveys and auger drilling.
“We are excited to commence reverse circulation (RC) drilling at these highly prospective targets in the near future.”
PDI has determined induced polarisation or IP surveys as the most effective geophysical exploration technique to highlight structural controls at NEB.
Unlocking Bakan's potential
“In the meantime, we have commenced RC drilling at 800W, which has numerous significant intercepts from aircore drilling, just northwest of the main NEB deposit,” Pardey said.
“Plans are also in place to drill other near-resource targets, with the aim of discovering economic gold mineralisation that can contribute to a future operation at Bankan.
“We look forward to reporting exploration drilling results, as we seek to unlock the full potential of the Bankan permits.”
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