Predictive Discovery high-grade gold results further extend Bankan Creek discovery

Predictive Discovery Ltd (ASX:PDI) has received assay results from three additional diamond drill holes at the Bankan Gold Project in Guinea, West Africa, demonstrating that mineralisation extends at least 160 metres north along strike with widths of 50 to 100 metres on three drill sections. High-grade gold intersections were encountered within multiple, wide zones intersected on two new drill sections, which returned an overarching result of 40 metres at 3 g/t gold from 104 metres. Other notable intersections include 7 metres at 10.2 g/t from 104 metres, including 5 metres at 14.2 g/t and 15 metres at 2.7 g/t from 118 metres. This new drilling reaffirms potential for a significant gold mineralised body at Bankan Creek which could add substantially to the Bankan project mineral resource estimate, expected mid-2021. Bankan Creek “continues to grow” Managing director Paul Roberts said: “With more drilling planned to the north, south and at depth, we believe that the mineralised footprint and strike at Bankan Creek will continue to grow and should make a material contribution to our planned Bankan mineral resource estimate.   “This new drilling is consistent with previous results obtained to the south including holes KKODD0201 and BCKDD0001, both of which contained high-grade gold intervals. “We look forward to receiving the results of the two remaining holes.” Enhancing confidence in Bankan Creek These results continue to enhance the company’s confidence in the potential of the Bankan Creek prospect. As these holes were drilled from west-southwest to east-northeast, the results provide an indication of the true widths of the mineralisation on this prospect as well as confirmation of the presence of shallow and high-grade mineralisation to the north. Having the benefit of both shallow and high-grade gold mineralisation bodes well for a future mining operation and suggests Bankan Creek has clear potential to be a strong contributor to the broader Bankan Project. Further step-out drilling to the west is planned to test the down dip extent of the mineralisation. Power auger drilling update Power auger drilling has been in progress since October last year. The latest results are from 429 holes for 7,064 metres and include 3 metres at 7.35 g/t gold from 4 metres, 11 metres at 1.35 g/t from 4 metres and 11 metres at 0.75 g/t from 4 metres. Results of this new drilling indicate that the more prospective areas for new gold mineralisation lie north and south of the previously known prospects - NE Bankan, Bankan Creek and Bankan West. Next steps The drill focus has now moved to the NE Bankan prospect where the three RC/DD/AC rigs are actively drilling along strike and at depth to outline the deposit more fully. Once this is complete, one of the rigs will return to Bankan Creek to drill additional holes along strike to the north and south. Power auger infill drilling is now being carried out, testing around the better grade intercepts on an 80 x 80-metre grid, with a view to defining contiguous zones of saprolite-hosted gold mineralisation for later aircore follow up. Airborne magnetic and radiometrics surveys have now commenced on two PDI projects in Guinea - Bankan and Koundian. The Koundian survey should be completed in around one week after which the helicopter-borne magnetic and radiometric system will move to Bankan to obtain coverage of the entire project area. Following interpretation of the results, this survey will be used to target future auger drilling and other exploration over the entire Bankan Project area.