PDI 5.00% 21.0¢ predictive discovery limited

Ann: MORE BROAD WIDTHS AND HIGH-GRADES FROM BANKAN DRILLING, page-210

  1. 3,188 Posts.
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    I think a lot of people have truely underestimated the potential of the Bankan deposits.

    The NE Bankan deposit will be very profitable. As De Grey (no cross promoting) managing director once said, an initial open pit will be very happy to have 10gm to start with. Happy to be corrected on this. Now take a look at this:

    Capture.PNG 700m long zone of >25 gm, open from surface. As I understand it, this ore is oxide and not refractory (again happy to be corrected on this). A few multiples of 10gm are already considered as nice bonus. Let alone 10x of 10gm or more in the red core zone. Holy cow.

    Bankan Creek is also starting to build up as a beast of its own. And then you also have so many gold targets along the structural trends yet to be fully delineated.

    This will be hell of a ride.
 
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