| Announcement Date: | 2021-11-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Predictive Discovery Ltd. |
| Project name: | Bankan |
| Location: | Guinea |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 52.8m @ 3.6g/t Au from 510m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Predictive Discovery Limited (“Predictive” or “Company”) is pleased to announce new results from exploration drilling at its Bankan Gold Project, located in Guinea. The current DD program at NE Bankan is designed to test for high-grade gold mineralisation beneath the hangingwall shear zone where it separates mafic volcanics (above) from felsic intrusives (below). Both infill and depth extension drilling are being conducted. New diamond holes BNERD0099 and BNERD0100 are step-out holes which have both confirmed the continuity of the high-grade gold zone at depth and the steep southerly plunge of the gold-mineralised system. The planned holes deviated significantly during drilling resulting in the two holes testing the mineralised zone only 25m apart while both reporting >100 cumulative gram metres (Figures 2-4). The Company is currently working with drill contractor, Capital Drilling, to implement several methods to limit deviation in these increasingly long diamond drill holes. |
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