Predictive achieves anticipated results

THE DRILL SERGEANT: RC and power auger drilling carried out by Predictive Discovery has revealed extensions to the Solna gold mineralised system on the company’s Bangaba gold project, located in eastern Burkina Faso.

The Solna prospect is one of three major areas of artisanal workings in the Bangaba project and covers a 600 metre long zone that contains numerous shafts.

 

Predictive Discovery projects in Burkina Faso. Source: Company announcement

 

According to Predictive the recent results from drilling undertaken into the main lode position at the Solna rospect at the have now extended this zone by 160m to a strike length of 650m, with mineralisation open both along strike and at depth.

The company said the power auger sampling has also identified over four kilometres of power auger gold anomaly strike length, surrounding and to the south‐west of Solna.

Assay results received from four RC holes drilled at Solna in November included:

–    6 metres at 12 grams per tonne gold from 40 metres, including 2 metres at 31 grams per tonne gold; and

–    10m at 0.9g/t gold from 49m, including 1m at 4.6 g/t gold.

Previous RC drilling at Solna carried out in May 2011 included:

–    2m at 56g/t gold from 65m;

–    7m at 13g/t gold from 117m; and

–    2m at 10g/t gold from 134m.

“Predictive Discovery is encouraged by these latest results which indicate that the Solna gold mineralised system extends well beyond the current artisanal mining area,” Predictive Discovery managing director Paul Roberts said in the company’s announcement to the Australian Securities Exchange.

“Recent drill results provide additional support for the concept that the Solna prospect is intrinsically high grade.

“The results of all PDI’s RC drilling to date when combined with the power auger geochemistry indicates potential for a substantial high grade gold deposit in the Solna area.”

The company said its next steps in evaluation of the Bangaba gold project will be decided once it has received all results from the work carried out so far, along with results of RC and diamond drilling on the Tambiri prospect, which is currently in progress.