Predictive Discovery (ASX:PDI) has commenced a 60,000m Diamond (DD) and Reverse Cycle (RC) drilling programme at the Bankan gold project in Giunea, West Africa.
The company expects the results to significantly increase and upgrade the inferred 3.65Moz Bankan gold Resource.
Six drill rigs currently on site with extension and infill drilling underway at both the NE Bankan and Bankan Creek gold deposits, with an updated Resource estimate expected early Q3 2022.
“We are delighted to welcome our four new senior leaders who will support our goal of developing and building Guinea’s next gold mine. With the asset’s proximity to Haut Niger National Park and our commitment to local engagement, we will continue to develop an 18-month best practice biodiversity management programme,” Managing Director, Andrew Pardey, said.
“On the exploration front, drilling at the Bankan Project is ramping up with more rigs and a 60,000- meter programme to compliment several baseline environmental studies – all are now underway. Our goal is to deliver a comprehensive Scoping Study to the Government of Guinea by the end of 2023, putting us in a strong position to develop and build the country’s largest gold mine.
“The new assay results at Koundian are particularly encouraging as, together with the drilling results announced from NE Bankan in April, show the potential of Predictive’s highly prospective land package, all of which is located within Guinea’s prolific Siguiri Basin.
“The Koundian project is strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits, with the southern permit boundary just 7km north of the Koulekoun deposit, which hosts 1.2 Moz at 1.52g/t gold. We look forward to receiving more samples from the AC drilling and rock chip sampling.”
For further information please visit: https://www.predictivediscovery.com/
