By: Mining weekly

On February 24, the company released results from 41 holes covering 6 984 m of resource definition drilling at the Fouwagbe and Sounsoun targets, as well as exploration drilling at Sounsoun.

“The Fouwagbe and Sounsoun targets at Argo continue to deliver encouraging resource definition drilling results as we advance towards maiden mineral resource estimates (MRE) in the near term.

“The high-grade results at Fouwagbe have exceeded our expectations, while the results at Sounsoun highlight the potential for additional mineralised shoots to be identified,” Predictive Discovery MD Andrew Pardey said.

Drilling in the south-western corridor at Sounsoun yielded results that reinforce its status as a priority area.

At Fouwagbe, the results continue to refine interpretations of mineralised zones. Notable intercepts include 5 m at 15.98 g/t from 55 m, including 1 m at 71.98 g/t from 57 m.

Other significant results include 7.5 m at 2.13 g/t from 102.5 m, 3.5 m at 11.93 g/t from 141 m, and 10 m at 10.85 g/t from 112 m, with 2 m at 7.85 g/t from 145 m and 1.75 m at 13.93 g/t from 230.75 m.

Additional findings include 0.85 m at 31.56 g/t from 14.15 m, 1.85 m at 10.27 g/t from 32.6 m, 12 m at 1.40 g/t from 89 m, and 9 m at 1.44 g/t from 76 m, with 6 m at 1.53 g/t from 29 m.

Drilling at Sounsoun’s underexplored south-western corridor also returned strong intercepts. These include 17 m at 1.76 g/t from 35 m and 23 m at 3.07 g/t from 77 m, both ending in mineralisation.

Other results include 2 m at 15.97 g/t from 164 m, 3 m at 25.01 g/t from 177 m, 6 m at 9.99 g/t from 154 m (including 1 m at 47.08 g/t), and 8 m at 6.15 g/t from 119 m (including 2 m at 18.91 g/t).

Additional intercepts from the well-defined east-west trending shear zone include 4 m at 0.80 g/t from 30 m, 7 m at 0.75 g/t from 60 m, 7 m at 0.94 g/t from 133 m, and 1 m at 4.51 g/t from 99 m.

“We are particularly encouraged by strong intercepts from an underexplored part of Sounsoun’s south-western corridor. Among these results is one of the best drill holes recorded in the entire Argo area so far, which ended in mineralisation, highlighting the potential for extensions.

“This further demonstrates the scale of gold mineralisation in the area, reinforcing our belief that systematic exploration across the Bankan permits will continue to unlock significant opportunities,” Pardey said.

Predictive Discovery’s current drilling efforts are focused on regional areas to the north of the NEB and BC deposits, which host the project’s entire 5.38-million-ounce mineral resource.

The current phase of resource development drilling at Fouwagbe and Sounsoun has been completed, with the company stating that work is under way on the maiden MREs planned for later this quarter.

Predictive Discovery says the latest intercepts in Sounsoun’s south-western corridor are “highly encouraging”, with follow-up exploration drilling being planned.

Meanwhile, earlier-stage regional exploration is ongoing at Argo and the southern part of the Bokoro permit to expand the pipeline of targets moving through the exploration phases.