The Bankan Project, located within Guinea’s Siguiri Basin, is a greenfields gold discovery and the Company’s flagship project.
Since its discovery in April 2020, the Company has completed extensive drilling programs, substantially growing the known gold mineralisation and making second gold discovery just 3km from the initial discovery hole.
The Company is planning to deliver its maiden resource by mid-2021.
Bankan Discovery & Exploration
In early July 2019, the Company announced the granting of the Kaninko Permit which was originally identified through a district-scale analysis of the Siguiri Basin utilising the Company’s PredictoreTM methodology.
The exploration team undertook a shallow power auger drilling program which intersected encouraging intervals as high as 11.90g/t gold and outlined a NNE trending gold zone which delivered targets for deeper drilling. The initial discovery hole at the NE Bankan returned 46m at 6.58 g/t gold from 4m (KKOAC001).