Meh, in The West Australian 22 July. PDI news is certainly...

Meh, in The West Australian 22 July. PDI news is certainly getting good circulation across some mainstream media outlets. I expect this will compound the close we get to granting of the exploitation permit.

Predictive Discovery

Bankan project – Guinea

Hit: 43 at 5.58g/t gold from 128m

Predictive reported this superb hit among a bevy of gold runs from resource definition drilling at its “BC” area within its 5.38 million-ounce Bankan Gold project in Guinea, north-west Africa.

The results comprise part of a suite of assays from five diamond drill holes totalling 848m of infill drilling at the company’s smaller BC deposit in the south-west corner of its tenure. The headline hit comes from one of those diamond holes, which infills previous drill-spacing in the central part of the deposit, returning multiple significant intercepts below the PFS pit design.

That hole intercepted the 43m at 5.58g/t gold from 128m in a metasediment-tonalite-skarn complex close to the footwall shear and entirely outside the current PFS pit design, but within the overall resource pit shell. It includes a high-grade component of 17.3m running 11.03g/t gold from 152.7m.

Higher up the same hole, but still below the PFS pit floor, other significant intercepts within the inferred mineral resource pit shell envelope include gold runs of 3m at 1.21g/t from 80m, 3.1m going 3.65g/t from 87m, 5.15m running 1.4g/t from 98m, 8.1m at 2.52g/t from 108m, and 4.2m at 0.95g/t from 119.8m.

The BC deposit hosts an estimated mineral resource of 487,000 ounces of gold, including ore reserves of 207,000 ounces, about 3km west of the main project’s NEB deposit that contains an estimated indicated and inferred resource of 4.89 million ounces of gold.

The company’s resource definition drilling programs are ongoing to support its definitive feasibility study (DFS) and is aimed at refining the current mineral resource estimates and establishing additional deposits to extend the project’s planned 12-year mine life, which management says is “already robust”.