viewPredictive Discovery Ltd

Predictive Discovery accelerates exploration with drilling at Guinea projects

The company anticipates Kaninko drilling to be completed within a week and Kankan drilling by early April.

Predictive Discovery Ltd - Predictive Discovery accelerates exploration with drilling at Guinea projects
Drilling underway at the Kaninko Project

Predictive Discovery Ltd (ASX:PDI) has announced that a combined aircore (AC) and reverse circulation (RC) drilling program totalling 2700 metres is underway at its 100%-owned Kaninko and Kankan Gold Projects in Guinea, Africa.

A combined AC/RC drill rig has commenced work at Kaninko with drilling expected to be finished in around one week, then the rig will move over to Kankan.

Both projects have seen a series of exploration programs completed in the last six months with significant gold mineralisation and drill targets identified.

Kaninko Project

The Kaninko project was granted to Predictive less than nine months ago and through aggressive, targeted, low-cost exploration, the company has progressed it from a greenfields tenement with no known history of past exploration, to a property on which significant gold mineralisation has now been identified.

Drilling will test beneath and along strike of power auger gold intercepts and gold-mineralised trenches on the North-East Bankan and Bankan Creek prospects with 2,100 metres of combined AC/RC drilling.

Angled holes will be drilled at -50 degrees to test across the target mineralised zones to a depth of about 40 metres.

Drilling underway

During January and February, the company completed 3,178 metres of shallow power auger drilling and 490 metres of trenching at Kaninko, with better results including 11.90 g/t gold from bottom-of-hole Power Auger sampling at the North-East Bankan Prospect and 18 metres at 1.60 g/t from trenching at the Bankan Creek Prospect.

At North-East Bankan, 1,200 metres of angled AC/RC drilling is currently testing beneath the better power auger drill.

At Bankan Creek, the highest value obtained from power auger drilling was 2.49 g/t and interpretation of the recent trench and power auger results along with surface sampling and geological mapping has identified a 350 metre long, 100 metre-wide zone for follow up drilling with 900 metres of angled AC/RC drilling.

Kankan Project

In late 2019, the Predictive completed a soil sampling program which outlined a 7-kilometre-long gold-in-soil anomaly with a peak value of 2.5 g/t.

A follow-up program of ground magnetics was completed in early March in conjunction with an Induced Polarisation (IP) survey to assist in further vectoring down on drill targets.

The IP survey also assisted the company to identify the most prospective locations for the upcoming AC/RC drilling program which is scheduled to be completed once the drill rig has completed work at the Kaninko Project.

Predictive has planned a modest, 600 metres drill program to be completed by early April.

Quick facts: Predictive Discovery Ltd


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