Announcement Date: 2022-04-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Predictive Discovery Ltd.
Project name: Bankan
Location: Guinea
Commodities: Gold
Highlight: Drilling results incl. 41.5m @ 5.2g/t Au from 598m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Predictive Discovery Limited (“Predictive” or “Company”) is pleased to announce further diamond drilling results at its Bankan Gold Project (“Bankan”), located in Guinea. Bankan currently has an inferred Resource of 72.8 million tonnes at 1.56g/t Au for 3.65 million ounces of gold. The drilling included in today’s announcement targeted below the current deeper high-grade core at NE Bankan, which remains open at depth and along strike. The Company considers there to be significant exploration potential to increase the resource base and will do so through an aggressive drilling program over next 12 months. Deep drilling at NE Bankan is targeting the plunge extension of the high-grade shoot and consolidating an inferred resource update in Q3 2022. The new intercepts reported from BNERD0105 and BNERD0106B are amongst the deepest high-grade intercepts discovered on the project to date and extend the resourcequality mineralisation to over 250 meters down-dip from the bottom of the 2021 MRE US$1,800/oz pit shell. The resource model will next stretch from surface to greater than 500 meters below surface.
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