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Predictive’s bonanza month
the previous holes suggest,” Rob- area. The maiden resource esti-
erts said. Drilling results from NE Bankan mate does not represent the final
“If we can find consistency on product.”
anything close to what we’re talking BNEDD0085: Predictive continues to be buoyed
about then it opens the question as 44m @ 8 g/t gold from 265m by the results coming from the Ban-
to whether this thing can be mined (including 17m @ 18.1 g/t gold from 273m) kan Creek prospect, including 15m
underground. There’s no sign of the BNEDD0086: @ 4 g/t from 48m (including 3m @
system weakening at depth and that 12.3m @ 6.7 g/t gold from 338m 12.5 g/t from 56m) and 12m @ 5 g/t
raises the really important question (including 3.9m @ 14.4 g/t gold from 340m) from 30m (including 2m @ 24.1 g/t
as to just how much resource poten- from 37m).
tial there really is at NE Bankan.” BNEDD0087: According to Roberts, regional
The extra attention on Predictive 55.6m @ 5.7 g/t gold from 237m geophysics has “transformed” the
is timely as the company prepares (including 40m @ 7.3 g/t gold from 239m) company’s picture of the geology
to finalise the maiden resource es- BNEDD0088: as well as identifying a raft of new
timate incorporating the NE Bankan 49.7m @ 11.7 g/t gold from 301m drill targets.
and Bankan Creek deposits some- (including 17m @ 31.9 g/t gold from 313m, “We’ve found we’ve got targets in
time next month. including 7m @ 50.3 g/t) places where there are some arti-
Roberts said there was plenty of sanal gold workings already,” he
excitement both inside and outside pre-resource. said. “We’ve started doing the au-
the four walls of his small company of- “The other really important thing about ger which is turning up gold all over the
fice in West Perth ahead of that resource this maiden resource is to understand place. Indeed, there’s some very inter-
announcement which will arrive a little that it’s an interim milestone. There’s a esting results within 1-2km of NE Bankan
more than two years after Predictive first lot of potential to come, both within those which are yet to be followed up.”
planted its foot on the tenements which and around those two deposits, and Prior to last month’s success with the
now make up the Bankan project. there will be resource updates coming drill bit, Roberts and the Predictive team
“Putting out a maiden resource means down the track. were planning to keep the multi-purpose
we’re giving analysts the ability to value “We are expecting the whole thing to rig turning through the wet season which
the project in a way that is difficult to do grow through time, so it’s really impor- has now arrived in Guinea. Beyond that,
currently,” Roberts said. “It opens us up tant that the investing public understand the company intends to bolster its drill-
to investment from a group of funds that that we’re much closer to the beginning ing fleet in an effort to work the project
simply can’t invest in a project which is harder than ever before.
than we are to the end of exploring this
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aUSTRaLIa’S PaYDIRT aUgUST 2021 Page 67

