Predictive Discovery Limited (ASX: $PDI) has released further regional drilling results from the 5.38Moz Bankan Gold Project in Guinea. The company's regional exploration campaign aims to discover additional commercial gold deposits, with a focus on the Argo area, situated 15-20km north of the NEB and BC deposits. The results reported in this announcement are from 221 holes for 9,355m, with ongoing drilling on a results-driven basis.
We are delighted with the latest exploration results from Argo, which pleasingly includes both follow-up drill holes at promising targets and first-pass results from new areas. The Fouwagbe-Sinkoumba targets continue to show significant potential, with the first DD holes at Fouwagbe returning multiple high-grade intercepts, confirming mineralisation in previous RC holes extend at depth. The next phase of drilling here will focus on testing continuity along strike between the drilling lines completed to date. The excellent initial results along strike to the north-east at Sanifolon South, which include some of the best intercepts so far from Argo, such as 12m @ 6.29g/t, further add to the potential of this Argo Central Trend. Our drilling programs will continue to systematically test the Argo and near-resource targets on a results-driven basis, with the aim of discovering additional resource ounces. We are also excited to start expanding early-stage regional exploration into the Bokoro and Saman permits to start testing geophysical targets.
The regional drilling campaign at the Argo area has delivered promising results, with significant potential shown at the Fouwagbe-Sinkoumba and Sanifolon South targets. Predictive Discovery's next steps involve further testing and follow-up drilling at these promising targets, along with expanding early-stage regional exploration into the Bokoro and Saman permits. The company's strategy to identify and develop gold deposits within the Siguiri Basin, Guinea, is progressing, with the aim of sustainably developing the Bankan Gold Project into a Tier-1 gold mine. The company is also exploring targets near the NEB and BC deposits, and regionally to the north along the 35km gold superstructure which runs through the permits.