Predictive Discovery gold results indicate longer and higher-grade NE Bankan Central zone than previously interpreted

Predictive Discovery Ltd’s (ASX:PDI) new resource drilling results at Bankan Gold Project in Guinea have extended the NE Bankan Central zone to the south at depth with higher grades. The new broad high-grade results indicate that mineralisation may plunge towards the south at depth, forming a longer higher-grade, central zone than previously interpreted. Notable intersections include 89 metres at 1.3 g/t from 140 metres and 7 metres at 3.1 g/t from 390 metres, 30 metres at 2.8 g/t from 188 metres to the end-of-hole, including 2 metres at 24.4 g/t from 188 metres, and 47 metres at 1 g/t from 12 metres. "Excellent” gold intersections Managing director Paul Roberts said the company was excited that two new ‘excellent’ gold intersections, 240 metres apart at depth are indicating that gold mineralisation may extend towards the south and form a longer, higher-grade central zone than previously interpreted. Longitudinal projection showing gold endowment with pierce points located at the mid-point of drill hole intervals and new DD/RC drill results He said: “This, in turn, is expanding the deposit’s resource potential. “The oxide RC drilling program also continues to produce more shallow gold intercepts, which have the potential of contributing significantly towards low-cost gold production in the initial stages of a future open pit mining operation. “At present, three rigs are now diamond drilling the NE Bankan deposit at depth. “Ongoing receipt of impressively thick and continuously gold-mineralised intercepts in the central higher-grade zone has encouraged us to drill deeper and for longer than originally planned. “This additional drilling combined with the Bankan Creek infill drilling will be incorporated into the maiden resource estimate due to be reported in the September quarter.” Ongoing drilling program RC and diamond drilling continues with three rigs currently diamond drilling at NE Bankan to support the maiden resource estimate, planned for quarter three. Metallurgical test-work is scheduled to begin this month. Two power auger rigs are active on the Bankan Project with the focus to explore for mineralisation beneath extensive artisanal workings on the Argo permit, around 20 kilometres to the north of NE Bankan, and explore a number of high priority structural targets identified in a recently completed aeromagnetic survey. Managing director Paul Roberts is on-site in Guinea having met with principal geologist (West Africa), Aime Nganare and the Guinea Minister of Mines, His Excellency Mr Abdoulaye Magassouba, at his office in Conakry on May 3. The Minister is taking a keen interest in the company’s progress on the Bankan Project.