Australian-listed Predictive Discovery reports an intrinsically high-grade gold deposit in its mineral resource estimate for the Bongou project in Burkino Faso.
The company’s announced a maiden mineral resource estimate of 2.2 million tonnes at 2.6 g/t for 184 000 oz and 136 000 oz with average grade of 3.8 g/t demonstrating the high-grade nature of Bongou.
Series of prospects
“We are focused on discovering more, high-grade mineralisation around Bongou. Trenching, power auger drilling and limited RC drilling in the last six months has identified a series of Bongou-like prospects within 2 km of the deposit,” said Predictive MD Paul Roberts.
He said the company would also explore for high-grade gold deposits in the extensively mineralised and highly prospective Laterite Hill Gold Field, 10 km south of Bongou.
The Bongou project presented thick, near surface gold mineralisation, favourable for development as an open pit mining operation, noted Predictive in a statement.
The company said that the region showed excellent potential for more high-grade gold mineralisation within 20 km of Bongou, which will be the focus of drilling in the next field season.
“With most of the known mineralisation in a single thick body, Bongou is likely to be a very simple proposition to mine and mill,” said Roberts.
He noted that previously reported metallurgical work obtained an excellent gold recovery of 94% at the Bongou project.
Predictive completed its formal Mineral Resource Estimate on the drilled out portion of the deposit with the assistance of global mining consultancy, Golder Associates.
Mineral Resource estimate highlights:
- The bulk of the estimated resources are contained in one mineralised granite body, which is thick in the near surface and appears to taper to the east
- The shape of the mineralisation lends itself to a simple open pit mining operation with high-grade mineralisation in the near surface position
- Gold grades are associated with pyrite-bearing altered granite, suggesting that dilution can be minimised quite easily by standard grade control practice
Exciting gold prospects
Predictive’s major focus is in Burkina Faso, West Africa where it has assembled a substantial regional ground position totalling 1,605km2and is exploring for large open-pittable gold deposits.
The company’s exploration in eastern Burkina Faso has yielded a large portfolio of exciting gold prospects, including the Bongou trend where a series of high-grade gold drill intercepts have been obtained recently