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Predictive Discovery Ltd.
Summary
| Project: | Kaninko | |
|---|---|---|
| Deposit: | Bankan Creek | |
| Location: | Guinea | |
| Commodities: | Gold | |
| Date: | 4/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2020: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its Bankan Creek deposit at the Kaninko project. Drilling results incl. 22m @ 1.06g/t Au from 10m. Predictive Discovery Limited (“Predictive” or “Company”) (ASX: PDI) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (“Predictive” or “Company”) (ASX: PDI) is pleased to announce final drill results from the Bankan Creek prospect on its flagship Kaninko Gold Project, Guinea. Located only 3km from the NE Bankan discovery (with 46m at 6.58g/t gold including 10m at 26.52g/t gold1 ), these new results add to the gold mineralisation inventory discovered on the Kaninko Project. Predictive now holds 799km2 of prospective landholdings across nine permits or authorisations in Guinea, all containing artisanal gold workings. All projects are located within the Siguiri Basin which hosts AngloGold’s large Siguiri Mine (+10Moz). These project areas were identified by Predictive during its terrainscale assessment of the Siguiri Basin in late 2018 using the Company’s PredictoreTM gold targeting system (Figure 2). During late March and early April 2020, the Company completed 23 holes (totalling 1,038m) of angled air core/reverse circulation drilling along four traverses, testing beneath or along strike from a mix of elevated power auger gold assays, trenching and artisanal pits. Holes were drilled at -50 degrees generally to 50m downhole (38m vertical depth) with one hole pushed further to 59m (approximately 45m vertical depth). The drilling was carried out by Target Drilling. | |
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