Predictive Discovery Extends Bankan Gold Zone

THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) used capital letters to announce new results from exploration drilling at the company’s Bankan gold project, located in Guinea.

Predictive Discovery received assays from two diamond holes completed at the NE Bankan deposit that extended the high-grade gold zone 50m below the US$1800/oz optimised Mineral Resource pit shell.

Best results include:

24.2 metres at 8.8 grams per tonne gold from 463.8m, including 12.4m at 15.3g/t gold from 465.6m; and

50m at 2.4g/t gold from 448m, including 15m at 4.9g/t gold from 449m, and 10m at 1.9g/t gold from 544.6m.

The diamond drilling is ongoing at NE Bankan with two multi-purpose drill rigs currently drilling holes at depths between 80m and 130m below the pit shell.

Predictive indicated that the extensional drilling of the high-grade zone has further demonstrated potential to add to the company’s maiden Resource of 3.65 million ounces at 1.56g/t gold.

“These new results have confirmed the company’s belief that, as the shear zone is intercepted below the optimised Resource pit shell, the high-grade mineralised zone continues to depth,” Predictive Discovery managing director Paul Roberts said in the company’s ASX announcement.

“With every new high-grade intersection below the existing open pit shell, the underground potential becomes clearer.

“NE Bankan shares the best qualities of tier-1 deposits, namely outstanding grades and widths combined with excellent mineralisation continuity.”