Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) has welcomed the latest round of drill results from its tier-one Bankan Gold Project in Guinea, where it’s exploring for precious metal mineralisation across the NE Bankan, Bankan Creek and Arlo gold targets.
Diamond and reverse circulation (RC) drilling at the first two prospects continues to deliver strong infill results, while recent auger work at Argo has delivered some of the best intersections to date.
Predictive Discovery managing director Andrew Pardey said the company was making “excellent progress” as it drilled down into Bankan’s gold bounty, with results expected to tie into a mineral resource update next quarter.
“This has potential to deliver additional upgrades to the indicated category and an incremental increase in ounces,” he explained.
Resource upside at NE Bankan, Bankan Creek
Amid resource definition drilling at its flagship targets, Predictive has fielded gold hits from another 18 holes and more than 6,400 metres of RC and diamond work.
Some of the best results from this batch of assays (predominantly from NE Bankan) include:
- 54 metres at 3.9 g/t gold from 480 metres;
- 35.9 metres at 5.33 g/t from 445 metres;
- 27.9 metres at 4.59 g/t from 406.1 metres (open pit); and
- 13 metres at 9.17 g/t from 782 metres (underground).
Predictive also reported a 12.2-metre, 2.38 g/t intersection just outside the Bankan Creek resource shell, while extensional RC drilling at the Gbenbeden exploration target revealed:
- 6 metres at 6.19 g/t from 76 metres;
- 2 metres at 3.99 g/t from 36 metres; and
- 1 metre at 5.88 g/t from 18 metres.
Finally, first-pass RC drilling at the 800W prospect netted results of 14 metres at 2.79 g/t from 5 metres, 2 metres at 8.05 g/t from 142 metres and 3 metres at 3.91 g/t from 80 metres.
“Near-resource RC drilling is in its early stages, however, we have received encouraging results which provide impetus to continue testing the numerous highly prospective targets in close proximity to NEB and BC,” Pardey continued.
“If successful, these targets have potential to contribute shallow ounces to future operations.”
Argo targets remain a priority
Looking at Bankan’s regional portfolio, auger drilling at the Argo target is proving up some promising gold prospects.
Recent drilling has delivered some of the best results to date, namely 4 metres at 5.08 g/t from 8 metres and 8 metres at 1.89 g/t from 12 metres at the Sounsoun target and 4 metres at 3.71 g/t from 4 metres east of the Somo target.
Based on the results to date, Predictive has upgraded the Sounsoun prospect to a high-priority target.
Pardey said momentum was building at Argo, noting the team was galvanised by similar prospective geology some 20 kilometres north of the NE Bankan discovery.
“We are further expanding our knowledge of the Argo region through ongoing auger drilling, which has delivered many promising new results and has upgraded the Sounsoun target to a priority one drill target.”
The update comes just days after reverse circulation drilling began in early June, with roughly 50 holes and 7,000 metres planned across Argo’s best prospects.
“Our initial RC drilling campaign remains at an early stage. Eight holes have been completed and more are underway and planned,” the MD concluded.