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Predictive Discovery (ASX:PDI) - Managing Director, Paul Roberts
Managing Director, Paul Roberts
Source: The Market Herald
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  • Predictive Discovery (PDI) receives the final assay results from its drilling program at its Bankan Gold Project in Guinea
  • Results have been received from a further seven reverse circulation and diamond holes drilled across NE Bankan and Bankan Creek
  • Best results come from NE Bankan where up to 15.5 grams of gold per tonne was intersected
  • All drill data has now been submitted to independent resource consultants CSA Global for preparation for a maiden mineral resource estimate
  • Shares in Predictive are up four per cent on the market and are trading at 13 cents at 11:00 am AEST

Predictive Discovery (PDI) has received the final assay results from its drilling program at its Bankan Gold Project in Guinea.

Results have been received from a further seven reverse circulation (RC) and diamond holes, totalling 1268 metres, drilled across NE Bankan and Bankan Creek.

Bankan Creek

Bankan Creek lies three kilometres west of NE Bankan and bears the presence of a strong gold mineralised system.

Best results include 34 metres at 3.7 grams of gold per tonne (g/t) from six metres including five metres at 15.5g/t gold from 17 metres.

Mineralisation spans 300 metres along strike and remains open at depth and along strike.

NE Bankan

One hole was drilled at NE Bankan to test the southerly plunge of the overall mineralised system.

The hole intersected several low-grade intercepts and showed the overall mineralised plunge is down-dip to the west rather than the south.

All drill data has now been submitted to independent resource consultants CSA Global for preparation for a maiden mineral resource estimate (MRE).

Additionally, the initial phase of metallurgical testwork is nearing completion with results expected to be released in September.

Managing Director Paul Roberts is pleased to have received all results.

“We are pleased to have received all drill assays required for our maiden MRE. The new results add further confirmation of Bankan Creek’s exciting potential and will make an important contribution to the upcoming MRE,” Mr Roberts said.

“Resource estimation and metallurgical testwork are progressing well and on schedule for completion in September.”

Shares in Predictive were up four per cent on the market, trading at 13 cents at 11:00 am AEST.

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