Page 66 - pd296-August21-mag-web
P. 66
AFRIcA DoWn UnDeR PReVIeW
predictive banking on deeper gold
omentum continues to build at Pre- best-ever intercept of 44m @ 8 g/t with
Mdictive Discovery Ltd’s Bankan gold a significantly broader and higher-grade
project in Guinea ahead of next month’s gold intercept 100m to its north is simply
planned maiden resource announcement remarkable,” Predictive managing direc-
with bonanza grades intersected over tor Paul Roberts said.
broad widths and the company’s share “We can see a clear progression of
price rising to its highest levels in almost both increasing grade and grade consist-
a decade. ency as we drill deeper. Furthermore,
Predictive rang in the new financial with these new results, we now have a
year with a project-best intercept of 44m high-grade gold zone which is 100-200m
@ 8 g/t gold from 265m (including 17m long, extends down-dip for over 250m
@ 18.1 g/t from 273m) at the NE Bankan and, very promisingly, is open at depth.”
deposit. While that hit triggered a small Speaking to Paydirt during that re-
spike in the company’s share price, a markable last month, Roberts was clear-
second stunning intersection of 49.7m @ ly excited about what potentially lies be-
11.7 g/t gold 301m (including 17m @ 31.9 low the open pit his company has been
g/t from 313m, including 7m @ 50.3 g/t) conceptualising for NE Bankan over the
announced less than three weeks later past year.
really piqued the intrigue of the market. Predictive now plans to zero in on this
Shares in Predictive soared 55% to an new high-grade zone at NE Bankan via
eight-year high on July 19 when that sec- infill and extensional drilling using the
ond hit was reported to the ASX, along multi-purpose rig currently on site.
with another juicy intersection of 55.6m “The indication we’re starting to get, as
@ 5.7 g/t from 237m (including 40m @ we follow the core of the deposit down, Predictive will unveil a maiden resource
7.3 g/t gold from 239m). is there may well be something which is estimate for its Bankan gold project
“Following up our recent, previous distinctly higher grade than the average sometime next month
The Unlocking the prolifi c
Kalahari copper belt
start in Botswana
of the
Cobre BO TS WANA
BO TS WANA
super
cycle
GABON
GABON
A compelling fi rst-mover
advantage in magmatic
nickel-copper sulphide
exploration in Gabon
Belt scale copper expoloration opportunity in Africa
info@cobre.com.au
www.cobre.com.au
ASX Code: CBE
Page 66 aUgUST 2021 aUSTRaLIa’S PaYDIRT

