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Predictive Discovery Ltd.
Summary
| Project: | Kaninko | |
|---|---|---|
| Deposit: | North-East Bankan, Bankan Creek | |
| Location: | Guinea | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-2-2020: Predictive Discovery Ltd. announces an Exploration/Drilling Update report for its North-East Bankan, Bankan Creek deposit at the Kaninko project. Power Auger drilling results incl. 7m @ 7830ppb Au from 15m. Predictive Discovery Limited (Predict | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Roberts (Internal) | |
| ABSTRACT: | Predictive Discovery Limited (Predictive or Company) is pleased to announce results from a power auger drilling program completed at its 100%-owned Kaninko Project, located in Guinea. Predictive holds approximately 500km2 of prospective landholdings across five projects all containing artisanal gold workings (Figure 2). Four of the projects are within the Siguiri Basin which hosts Anglogold’s large Siguiri Mine (+10Moz). The Guinea projects were identified by Predictive during its terrain-scale assessment of the Siguiri Basin in late 2018 using the Company’s PredictoreTM gold targeting system. Early exploration has confirmed Siguiri Basin as being both highly prospective for gold mineralisation and underexplored with the area part of the richly mineralised West African Birimian gold belt and consists largely of metasediments with minor granitic rocks, metavolcanics and mafic to ultramafic intrusives. The early exploration work has also identified wide ones of anomalous to high-grade gold. In only 12 months, the Company has completed numerous early stage exploration programs including soil geochemical sampling, BLEG stream sediment sampling, ground magnetics, rock-chip sampling and mapping across the Kankan, Nonta, Kaninko and Boroto Projects. | |
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