Predictive Discovery issues drilling results for Bankan Gold Project

Predictive Discovery Limited has provided updates on its regional drilling activities at the Bankan Gold Project in Guinea. Andrew Pardey, the Managing Director, released the report and expressed satisfaction, highlighting the significant potential demonstrated by the Fouwagbe-Sinkoumba targets and the promising initial outcomes from Sanifolon South.

The Bankan Gold Project is a potential Tier-1 gold mine located in north-east Guinea. The project is 550km by road from Guinea’s capital Conakry within the region of Upper Guinea (Haute-Guinée) and is near the regional administrative centre of Kouroussa. PDI’s Bankan licence area covers 356km2 in four exploration permits: Kaninko, Saman, Bokoro and Argo.

Bankan Gold Project

The ongoing exploration campaign aims to uncover new commercially viable gold deposits, with a current focus on the Argo area situated approximately 15-20 km north of the NEB and BC deposits. The latest results stem from 221 drill holes covering a distance of 9355 meters, with drilling continuing based on the outcomes achieved.

There was confirmation of mineralization at depth in the Fouwagbe area through the first two diamond drill (DD) holes. Notable intercepts from these holes include 5.5 m @ 4.04 g/t from 169 m, 3 m @ 6.83 g/t from 89.5 m, and 3 m @ 5.59 g/t from 150 m. Positive results from aircore (AC) drilling at Sinkoumba, located southwest of Fouwagbe, with significant intercepts such as 8 m @ 3.65 g/t from 16 m, and 6 m @ 1.73 g/t from 12 m.

Moving forward, the drilling programs will prioritize advancing promising targets within the Argo area and exploring new target zones using AC drilling. Additionally, the regional exploration will expand into the Bokoro and Saman permits between Argo and the NEB and BC discoveries.