Predictive Discovery Scores Impressive Bankan Gold Hit

THE DRILL SERGEANT: Predictive Discovery (ASX: PDI) reported new results from diamond drilling completed at the company’s Bankan gold project in Guinea.

The results, encountered from depth at NE Bankan include:

48 metres at 2.1 grams per tonne gold from 562m, and 8m at 1.4g/t gold from 613m; and

7m at 1.02g/t gold from 516m, and 33m at 4.5g/t gold from 536m, including 8m at 13.4g/t gold from 547m.

Both holes intersected broad zones of gold mineralisation more than 100m below the current US$1,800 per ounce resource pit shell.

Predictive Discovery said the BNERD0103 result reinforced the southern plunge of the gold mineralised zone at NE Bankan, while the BNERD0104 intercept provides further confirmation of the consistency of the core high-grade gold zone.

“This deeper drilling continues to extend the high-grade zone, now more than 100 metres below the open-pit, confirming Bankan as one of the most exciting gold deposits globally,” Predictive Discovery managing director Andrew Pardey said in the company’s ASX announcement.

“The company has twin focuses of growing and infilling the known deposits at NE Bankan and Bankan Creek and also a continuing search for further new gold deposits.

“Technical director Paul Roberts is directing a range of aggressive programs designed to uncover new deposits along Bankan’s 35 kilometres-long gold corridor.”