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DRILL BITS
ReGIonAL RoUnDUPExploring together for success

Turaco teases new @ 23.9 g/t from 73m). month, Predictive will target a substantial
increase in its resource base from both
The company also identified potential
gold find depth extensions at SK1 South outside of step-out and deeper drilling of the NE Ban-
the existing resource pit shell in multiple lo- kan and Bankan Creek deposits and from
Turaco Gold Ltd has teased a potential cations, highlighted by hits of 28m @ 1.46 regional opportunities.
new large-scale gold discovery from shal- g/t from 93m, 6m @ 1.96 g/t from 133m Predictive managing director Paul Rob-
low power auger drilling at its 100%-owned and 2m @ 2.9 g/t from 167m. erts said the maiden resource estimate
Satama permit within the Eburnea project was “just the beginning of the Bankan gold
in Cote d’Ivoire. discovery story”.
Auger results included 9m @ 4.49 g/t Predictive on target with “Our gold discovery success in such a
gold from 1m, 5m @ 2.14 g/t from 6m, 8m maiden resource small time period invites comparisons with
@ 1.79 g/t from 2m, 1m @ 9.91 g/t from the best gold deposit discovered in West
9m and 5m @ 1.04 g/t from 5m. Drilling Predictive Discovery has delivered a Africa in the last decade – Fekola in Mali,”
was completed on 250m spaced traverses maiden resource of 72.8mt @ 1.56 g/t gold he said.
along a 5km soil anomaly. for 3.65 moz for its Bankan project in Guin- “Also announced 17 months after first
“These initial auger results are highly sig- ea, only 17 months after the discovery hole discovery, the Fekola maiden resource esti-
nificant and exciting in terms of both their was drilled. mate contained 3.9 moz averaging 1.7 g/t at
strike and tenor of gold anomalism,” Turaco The company reported high retention of a 0.5 g/t cut-off grade and 3.1 moz averag-
managing director Justin Tremain said. contained gold ounces as the cut-off grade ing 2.4 g/t at a 1 g/t cut-off grade.
“Extending over 4.5km of strike, the results lifted. Using a 1 g/t cut-off grade, total ounc- “Today, Fekola’s 2021 production is pro-
confirm a significant new gold discovery for es within the same resource models is 2.8 jected to be 530,000-560,000oz at an AISC
Turaco.” moz @ 2.29 g/t gold. of $US745-785/oz, with current quoted re-
Follow-up aircore and RC drilling at Sa- Resource discovery cost was estimated sources [excluding mine depletion since
tama is planned for this month, with Turaco at $4/oz ($US2.90/oz) which is considered 2017] at Fekola itself and nearby deposits
also planning a high-resolution airborne very low by industry standards. totalling 7.6 moz.”
magnetic survey over Satama, along with With $24 million cash in the bank last
the Dielle permit and some of the compa-
ny’s ground in the north.
Turaco’s discovery was announced on
the same day as fellow West African gold
explorers Mako Gold Ltd and Oklo Re-
sources reported encouraging drilling re-
sults from their respective projects in Cote
d’Ivoire and Mali.
Mako reported the widest drill intercept
returned to date from the Gogbala pros-
pect; 35m @ 1.72 g/t gold at the southern-
most drilled zone of the Napie fault.
Further RC hits at Gogbala included 35m
@ 1.72 g/t gold from 43m, 20m @ 1.92 g/t
from 33m and 3m @ 9.41 g/t from 117m (in-
cluding 2m @ 13.03 g/t from 118m).
Oklo’s results from drilling completed at
the Seko prospect, within its Dandoko pro-
ject, prior to the wet season included 19m
@ 2.42 g/t gold from 12m (including 3m @
4.88 g/t from 17m), 23m @ 1.27 g/t from
23m (including 2m @ 6.08 g/t from 25m)
and 4m @ 6.41 g/t from 72m (including 1m Predictive’s maiden gold resource shows Bankan hosts 2.65 moz gold

Exploring together for success

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