Predictive Discovery (ASX:PDI) Reports High-Grade Gold Results at Bankan Project

3 min read | December 16, 2024 03:16 PM AEDT | By Team Kalkine Media

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Predictive Discovery (ASX:PDI) Reports High-Grade Gold Results at Bankan Project — Image source: Shutterstock

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Highlights

Predictive Discovery (PDI) reports high-grade gold results at Sounsoun target in Guinea.

Drilling continues to refine a maiden mineral resource estimate for the Argo area.

Exploration efforts advance across multiple targets at the Bankan Gold Project.

Predictive Discovery (ASX:PDI) has announced impressive results from resource development drilling at the Sounsoun target, part of its Bankan Gold Project in Guinea. These results are pivotal in advancing the project and demonstrating the potential of the Sounsoun prospect within the broader Argo area.

One of the standout outcomes from the drilling program includes a six-meter intersection grading 19.98 grams per tonne (g/t) gold from a depth of 13 meters. This includes a two-meter interval grading an impressive 53.92 g/t gold from 15 meters. These high-grade intervals are expected to contribute significantly to a maiden mineral resource estimate (MRE) for the Argo area, anticipated in the first quarter of 2025.

The Sounsoun target mineralisation is associated with a shear zone extending over 300 meters along strike. This mineralisation demonstrates remarkable continuity and remains open at depth, signaling further potential for expansion.

In addition to the drilling at Sounsoun, Predictive Discovery is focusing on resource definition efforts across its highly prospective Bankan Gold Project. The company has been working on infilling drilling patterns and testing extensions to support the maiden MREs for key targets, including Fouwagbe and 800W, alongside Sounsoun. Pending assay results from 10 additional drill holes are expected to provide further insights into the Argo area's resource potential.

Exploration activities at the Bankan Gold Project are not limited to resource definition. Predictive Discovery has also launched regional drilling programs aimed at identifying new deposits across the northern NEB areas and southern Bokoro permit. These programs reflect the company’s strategy of leveraging the untapped potential within this gold-rich region.

The Bankan Gold Project, as the company’s flagship development, continues to attract attention due to its scale and high-grade potential. Predictive Discovery’s ongoing efforts in exploration and resource development underscore its focus on unlocking the value of this promising asset in Guinea.

This latest update highlights the substantial progress being made at the Bankan Gold Project, reinforcing Predictive Discovery’s role as a key player in the gold exploration landscape. As the maiden MRE for the Argo area draws closer, the project’s potential is becoming increasingly evident.

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