Dec 02 2024 1 mins
Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF).
The company, through its local company Mamou Resources, has received high-grade gold results from resource definition drilling at the 800W target of the Bankan Gold Project in Guinea.
Key intersections include 5 metres at 7.98 g/t gold from 20 metres, including 2 metres at 18.73 g/t. These results expand the mineralisation northeast along strike and outside the existing resource boundary.
Other results south and southwest of the current mineralised zone include 9 metres at 6.17 g/t gold from 42 metres, with a bonanza-grade interval of 1 metre at 41.9 g/t.
A maiden resource estimate for 800W is scheduled for early 2025.
Exploration at other Bankan targets, such as SB, Argo and Bokoro South, is ongoing.
Predictive Discovery plans further drilling regionally within the Bankan permits to discover new deposits and maintain a pipeline of exploration targets.
Additional resource estimates for the Argo area, including the Fouwagbe and Sounsoun targets, are also expected in early 2025 following ongoing resource definition drilling.
The company sees the potential for 800W to become a satellite deposit, contributing additional ounces and enhancing mine planning flexibility.
#ProactiveInvestors #PredictiveDiscovery #ASX #JusttheFacts #GoldExploration #BankanGoldProject #HighGradeGold #MiningGuinea #ResourceDefinition #ASXStocks #GoldDrilling #SatelliteDeposits #MineralExploration #MiningUpdates #ExplorationTargets #GoldMiningNews #ResourceEstimates #PreciousMetals #DrillingSuccess #MiningInvestments #GoldDiscoveries #BankanExpansion #ExplorationPipeline
The company, through its local company Mamou Resources, has received high-grade gold results from resource definition drilling at the 800W target of the Bankan Gold Project in Guinea.
Key intersections include 5 metres at 7.98 g/t gold from 20 metres, including 2 metres at 18.73 g/t. These results expand the mineralisation northeast along strike and outside the existing resource boundary.
Other results south and southwest of the current mineralised zone include 9 metres at 6.17 g/t gold from 42 metres, with a bonanza-grade interval of 1 metre at 41.9 g/t.
A maiden resource estimate for 800W is scheduled for early 2025.
Exploration at other Bankan targets, such as SB, Argo and Bokoro South, is ongoing.
Predictive Discovery plans further drilling regionally within the Bankan permits to discover new deposits and maintain a pipeline of exploration targets.
Additional resource estimates for the Argo area, including the Fouwagbe and Sounsoun targets, are also expected in early 2025 following ongoing resource definition drilling.
The company sees the potential for 800W to become a satellite deposit, contributing additional ounces and enhancing mine planning flexibility.
#ProactiveInvestors #PredictiveDiscovery #ASX #JusttheFacts #GoldExploration #BankanGoldProject #HighGradeGold #MiningGuinea #ResourceDefinition #ASXStocks #GoldDrilling #SatelliteDeposits #MineralExploration #MiningUpdates #ExplorationTargets #GoldMiningNews #ResourceEstimates #PreciousMetals #DrillingSuccess #MiningInvestments #GoldDiscoveries #BankanExpansion #ExplorationPipeline