Predictive Discovery intersects thick gold grades at Bongou

/in /by

THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) has received assay results from recently-completed drilling at the company’s Bongou gold prospect in Eastern Burkina Faso, West Africa.

“We are very pleased with these excellent new drill results as they confirm the strength and consistency of the Bongou mineralised system,” Predictive Discovery managing director Paul Roberts said in the company’s announcement to the Australian Securities Exchange.

 

Drill hole locality plan, Bongou prospect. Gold intercepts are
all shown as estimated true widths. “Total” intercepts were calculated
across the width of gold mineralised altered granite, irrespective of
the width of internal waste zones at a cut-off grade of 0.5g/t gold.
Source: Company announcement

 

Predictive said it had carried out the drilling in order to identify extensions to the Bongou mineralisation and to obtain infill intercepts to improve its understanding of the mineralisation’s continuity and grade variability.

The company indicated all holes intersected intensely silicified and pyrite-bearing altered granite.

Assaying of the first five holes returned the following drill intercepts:

BNGRC015:
64 metres (57.6m true width) at 2 grams per tonne gold from 14 metres, including 5m (4.5m true width) at 7.3g/t gold from 14m;

BNGRD001:
48.7m (40.9m true width) at 2.8g/t gold from 144.3m, including 5.9m (5m true width) at 7.8g/t gold from 144.3m, 7.9m (6.6m true width) at 4.5g/t gold from 169.1m;

BNGRD002:
3.3m (approximately 1.6m true width) at 1.44g/t gold from 40m;

BNGRD003:
55m (46.8m true width) at 3.2 g/t gold from 215m, including 24.5m at 4.9 g/t gold; and

BNGRD004R:
15m (11.4m true width) at 3.1g/t gold from 166m, including 4.8m at 5.3 g/t gold.

“All of these drill holes intersected intensely altered, gold mineralised granite, mostly over large widths,” Roberts said.

“Assays received so far have given very good overall grades and confirmed a consistent, substantial high-grade component in the hanging wall position.

“We are also seeing some evidence that the strike of the gold mineralised zone could increase at depth, thereby expanding the prospect’s tonnage potential.

“These drill results have taken us a big step closer to making a large, transformative and high-grade gold discovery in Burkina Faso.

“We have already discovered two gold geochemical anomalies, suggestive of more granite-hosted gold mineralisation, within a few hundred metres of the Bongou drilling and we have multiple untested targets within a few kilometres along strike from the prospect.

“We will now focus our next efforts on discovering more Bongou-style gold mineralisation, both in extensions to the known gold deposit and in the immediate surrounding area.”

Website:
www.predictivedisovery.com