GOLD NEWS

Home   >   Gold News

  • Predictive Discovery reports Guinea gold project drilling results

    Wed April 10 2024

    Predictive Discovery Limited has reported further regional drilling results from the 5.38 million oz Bankan Gold Project in Guinea.

    The regional exploration campaign is aiming to discover additional commercial gold deposits and is currently focused on the Argo area, which lies 15 – 20 km north of the NEB and BC deposits. Results reported are from 221 holes for 9355 m, with drilling ongoing on a results-driven basis.

    Highlights:

    • First two diamond drill (DD) holes at Fouwagbe confirm mineralisation in previous drilling extends at depth. Best new intercepts include 5.5 m @ 4.04 g/t from 169 m, 3 m @ 6.83 g/t from 89.5 m and 3 m @ 5.59 g/t from 150 m.
    • Sinkoumba returns 8 m @ 3.65 g/t from 16 m, 6 m @ 1.73 g/t from 12 m, 8 m @ 1.14 g/t from 6 m and 4 m @ 2.00 g/t from 38 m from aircore (AC) drilling along strike south-west of Fouwagbe.
    • First pass AC drilling at Sanifolon South, also on the Argo Central Trend, delivers outstanding results of 12 m @ 6.29 g/t from 14 m, 2 m @ 41.71 g/t from 34 m, 7 m @ 3.28 g/t from 66 m, 10 m @ 1.09 g/t from 8 m and 2 m @ 4.89 g/t from 24 m.
    • Drilling programmes will continue to further advance the most promising Argo targets and progressively test new target areas with AC drilling. Regional exploration will also expand into the Bokoro and Saman permits, which lie between Argo and the NEB and BC discoveries.

    Commenting on the results, Managing Director Andrew Pardey, said:

    “We are delighted with the latest exploration results from Argo, which pleasingly includes both follow-up drill holes at promising targets and first-pass results from new areas.”

    “The Fouwagbe-Sinkoumba targets continue to show significant potential, with the first DD holes at Fouwagbe returning multiple high-grade intercepts, confirming mineralisation in previous RC holes extend at depth. The next phase of drilling here will focus on testing continuity along strike between the drilling lines completed to date.”

    “The excellent initial results along strike to the north-east at Sanifolon South, which include some of the best intercepts so far from Argo, such as 12 m @ 6.29 g/t, further add to the potential of this Argo Central Trend.”

    “Our drilling programmes will continue to systematically test the Argo and near-resource targets on a results-driven basis, with the aim of discovering additional resource ounces. We are also excited to start expanding early-stage regional exploration into the Bokoro and Saman permits to start testing geophysical targets.”

     

    Source: https://www.globalminingreview.com/

Top