Company
Predictive Discovery Ltd
ASX:PDI
Predictive Discovery Ltd is focused on delivering long-term sustainable value to our shareholders and stakeholders. Through its local company Mamou Resources, it plans to develop the Bankan Gold Project in the Siguiri Basin, Guinea.
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Predictive Discovery fields positive infill drill results and wraps up grade control at Bankan Gold Project
“These results are from within the optimised resource pit shell and are aimed at providing further certainty of the tonnes and grade ahead of ultimately building and mining the NE Bankan deposit," MD Andrew Pardey said.
Predictive Discovery finds more high-grade gold outside NE Bankan 3.9-million-ounce resource pit shell
“The company’s understanding of Bankan’s rich geology has accelerated substantially with 10 active drill rigs on site, up from four at the beginning of the year. Results to date correlate with our geological model of the orebodies discovere
Predictive Discovery fields broad, high-grade gold up to 48 metres at 5.26 g/t gold from NE Bankan
“Predictive’s next phase of drilling, which is focused on further defining the quality and extending the fast-growth resource of the NE Bankan gold deposit, continues to prove up the significance of what is the largest gold discovery in Wes
Predictive Discovery sitting on a 4.2-million-ounce gold mine at Bankan
The upgrade comes after Predictive recorded an 18% increase in the mineral resource at the NE Bankan deposit, where the gold grade has improved from 1.57 g/t to 1.65 g/t.
Predictive Discovery closes SPP with funds to go towards increasing and upgrading inferred resource
Predictive Discovery has closed its SPP as it looks to fund a comprehensive work program at Bankan.
Predictive Discovery higher on striking gold 620 metres down dip from Bankan resource
Based on the results to date, Predictive believes the high-grade gold zone at the NE Bankan deposit remains open at depth.
Predictive Discovery welcomes new legal, ESG expertise to board
International lawyer and advisor Sandra Bates will join the executive team as a non-executive director from today, bringing legal expertise and environmental, social and governance (ESG) experience.
Predictive Discovery beats the drum for $55 million placement, $5 million SPP
“Bankan is potentially one of many significant gold deposits and marks the beginning of our journey in developing Guinea’s Siguiri basin into one of the most exciting new gold addresses in West Africa,” says MD.
Predictive Discovery drives Tier-1 Bankan Gold Project with drilling and key appointments
“We are delighted to welcome our four new senior leaders who will support our goal of developing and building Guinea’s next gold mine,” says MD Andrew Pardey.
Predictive Discovery’s Bankan Gold Project will grow in scale as drilling continues: Argonaut Research
Last month, Predictive recorded a whopping 41.5-metre hit grading 5.2 g/t gold during diamond drilling at Bankan.
Predictive Discovery out to lift 3.65-million ounce Bankan gold resource with hits of up to 41.5 metres at 5.2 g/t at NE Bankan
“Predictive is now entering a new phase of its exploration with a greatly expanded drilling program and the improved geological understanding that flows from it,” says MD.
Predictive Discovery grows Bankan’s multi-deposit potential with strong regional gold hits
“Adding to the ongoing, deep drill success at NE Bankan, aircore drilling of the Bankan regional prospects continues to identify new, highly encouraging zones of gold mineralisation,” says executive director.
Predictive Discovery's deep diamond drilling at Guinea gold project yields up to 33 metres at 4.5 g/t from NE Bankan
Diamond drilling to extend the mineralisation zone at Bankan has struck high-grade gold, and the company's expansion strategy proceeds apace with the appointment of a specialist Geology Manager to the project.
Predictive Discovery makes headway in Guinea Government discussions surrounding Bankan gold play
PDI has developed and presented an assistance proposal, which has now been given the green light, to the Ministry of Environment and Sustainable Development (MESD).
Predictive Discovery’s new MD to lead the company into its next phase of life
While Pardey’s experience as a geologist will no doubt come into play, his 30 years’ experience covering exploration, project development, construction and operation will be invaluable to PDI as it continues to unearth new gold discoveries
Predictive Discovery grows Bankan Project with new discoveries returning up to 57.3 g/t gold
“These new assays, as well as previous results from elsewhere in the project area, demonstrate clearly that the Bankan Project is an emerging gold camp with the right structural and geological setting to host multiple gold deposits,” says M
Predictive Discovery highlights NE Bankan depth potential with hits up to 34 metres at 5.5 g/t gold
The strong results reveal zones of high-grade gold mineralisation below the US$1,800/ounce resource pit shell and the company is confident of further NE Bankan success with two rigs double shift drilling.
Predictive Discovery further extends depth of high-grade gold zone at Bankan Project with new results
The results provide further confirmation of continuing extensions to depth of the high-grade gold mineralised zone below the optimised resource pit shell as well as better definition of the steep southwards plunge of the overall mineralised
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Predictive Discovery finds high-grade gold zone extends below resource pit shell at Bankan Gold Project
The underground potential of the NE Bankan deposit grows with every high-grade deeper intersection.
Predictive Discovery finds new gold prospects at Bankan Gold Project in Guinea
The close proximity of these new gold results and others, both to the north and west of the NE Bankan deposit highlight the expanding potential of the Bankan Project.
Predictive Discovery reshuffles board and management as it enters next phase of growth
The company is progressing on a dual-track strategy of rapidly expanding and developing the Bankan Project, while continuing to progress its regional and other exploration activities in Guinea.
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Predictive Discovery hits up to 20.9 g/t gold during diamond drilling at Guinean gold play
The explorer completed four more diamond drill holes at its Bankan property as it works to extend a high-grade gold zone.
Predictive Discovery to explore solutions for all to benefit from gold production in Guinea
“Predictive Discovery has always been fully committed to abide by the legislative and regulatory framework applicable in all the jurisdictions it operates in and we are extremely conscious of our responsibilities to our host country and its
Predictive Discovery target doubled to 42 cents by Sprott after maiden Bankan gold resource
The precious metals explorer tabled a 3.65-million-ounce gold resource across the NE Bankan and Bankan Creek deposits.
Predictive Discovery soars on notching maiden 3.65-million-ounce gold resource for Bankan Project
The precious metals explorer has been up as much as 26% on the back of the news, which establishes a 3.65-million-ounce gold resource for the Siguiri Basin asset.
Predictive Discovery jumps on striking up to 28 metres at 12.1 g/t gold near NE Bankan
Aircore drilling has been focused on a series of regional gold anomalies to the south and west of NE Bankan.
Predictive Discovery strikes more high-grade gold as Bankan depth grows
The latest diamond drill results of up to 26 metres at 7.0 g/t gold come after the company de-risked the Guinea-based Bankan project following positive metallurgical test-work.
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Predictive Discovery de-risks Bankan Project with strong gold recoveries from inaugural metallurgical tests
Gold mineralisation has been confirmed as free-milling with high gold recoveries, amenable to industry-standard comminution and carbon-in-leach process circuit.
Predictive Discovery initiated by Argonaut with a valuation of 16 cents per share and a speculative buy recommendation
Argonaut has assumed that ~60% of its order of magnitude inventory estimate will make it into a mine plan, leaving a presumed in-pit inventory of 27.1 million tonnes at 1.7 g/t gold.
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Predictive Discovery returns strong Bankan Creek widths and grades with maiden gold resource upcoming
"The new results add further confirmation of Bankan Creek’s exciting potential, adding to the already impressive list of drill intercepts from that prospect, and will make an important contribution to the upcoming MRE,” says MD.
Predictive Discovery’s latest gold intersections show promise ahead of maiden MRE
The precious metals explorer has tabled results for five reverse circulation and diamond drill holes executed over two key prospects within the greenfields Bankan gold discovery.
Predictive Discovery shares surge 55% on returning bonanza gold grades up to 17 metres at 31.9 g/t at Bankan Project
New results have revealed a high-grade gold core zone, which is already 100-200 metres long and extends down-dip for more than 250 metres.
Predictive Discovery granted trading halt with material exploration results pending
Securities will remain in a trading halt until Monday, July 19, 2021, or when an announcement is released to the market.
Predictive Discovery hits highest impact gold intercept at Bankan with 44 metres at 8 g/t
This result "is an absolute standout, better than any intercept we have obtained so far in the deposit," says MD as the company advances towards a maiden resource estimate in the September quarter.
Predictive Discovery intercepts broad gold zones in resource drill-out at Bankan Creek and NE Bankan
The company is undertaking infill drilling in preparation for planned maiden resource estimates on the NE Bankan and Bankan Creek deposits.
Predictive Discovery extends NE Bankan at depth as diamond drilling returns strong gold grades
The three new holes provide further confirmation that the Central Gold Mineralised Zone continues to extend at depth, thereby continuing to increase the size of the known mineralised body.
Predictive Discovery’s first drilling at Koundian Project in Guinea delivers up to 6 metres at 32 g/t gold
The large power auger program tested targets defined by an aeromagnetic survey and geological mapping, with the company confident that current and historical results demonstrate the potential to uncover a large gold deposit.
Predictive Discovery to retain free carry interest in restructured Cote D’Ivoire JV
The company will no longer be responsible for exploration expenditure but will retain an interest in any potential discoveries on the JV permits.
Predictive Discovery continues to grow multi-million-ounce gold bounty in West Africa
Around 70,000 metres of drilling have been completed with three active rigs on-site to undertake aggressive drilling.
Predictive Discovery raises A$26.5 million to fuel 110,000-metre drilling program at Bankan Gold Project
The company aims to complete drilling program comprising infill, extensional and exploration drilling, targeting multi-million-ounce deposits across its Guinea landholdings.
Predictive Discovery regional auger drilling highlights widespread high-grade gold at Bankan
The company has made two significant gold discoveries within 18 months – at the NE Bankan and Bankan Creek prospects - through successful application of power auger drilling.
Predictive Discovery gold results indicate longer and higher-grade NE Bankan Central zone than previously interpreted
Predictive’s strong cash position of more than $9 million at the end of April, ensures the company is well-funded to continue its aggressive multi-rig drill program, aimed at delivering a maiden JORC resource in quarter three.
Predictive Discovery identifies nine high-priority gold targets within Bankan Project in Guinea following airborne survey
New targets are on interpreted ENE –WSW faults, crosscutting a newly recognised major 35-kilometre-long north-northwest structural corridor.
Predictive Discovery ‘leading the West African discovery pack’, says Sprott in initial report
The company has made a second satellite discovery at its NE Bankan Project, with 14 metres at 4.0 g/t and 37 metres at 1.8 g/t in the first hole.
Predictive Discovery extends NE Bankan gold deposit at depth with further high-grade drilling results
RC and diamond drilling continues with three rigs at Bankan to support a maiden resource estimate planned for mid-2021.
Predictive Discovery high-grade gold results from surface drilling extend NE Bankan width to 300 metres
Over the past 11 months, the company has made two significant greenfield gold discoveries at Bankan - NE Bankan prospect and Bankan Creek – with the first phase of drilling at NE Bankan outlining a 1.6-kilometre-long zone of shallow gold mi
Predictive Discovery strengthens board with two key appointments
Francis Harper and Andrew Pardey have been appointed to the board as non-executive chairman and non-executive director, respectively.
Predictive Discovery high-grade hits show NE Bankan has "all the hallmarks of a plus-million ounce gold system"
In addition to the ongoing RC and diamond drilling, power auger drilling has been in progress at the Bankan Project since October last year.
Predictive Discovery drilling sees large zone of shallow oxide mineralisation emerging at NE Bankan
Following completion of the initial infill drilling program and receipt of the deeper drilling RC and DD results, a systematic infill drill program will be planned in anticipation of the maiden resource estimate planned for mid-2021.
Predictive Discovery further extends NE Bankan and Bankan Creek gold discoveries at depth
Over the past 10 months, the company has made two greenfield discoveries at Bankan, initially at NE Bankan prospect, and with steadily increasing RC and DD drill coverage at depth.
Predictive Discovery's Bankan Project unaffected by recent ebola outbreak in Guinea
While the company will continue to monitor the situation, it is confident in the abilities of local authorities to manage the outbreak.
Predictive Discovery high-grade gold results further extend Bankan Creek discovery
These latest results continue to enhance the company’s confidence in the potential of the Bankan Creek gold prospect.
Predictive Discovery drilling at Bankan Gold Project intersects wide gold intercepts at depth
New drilling results have demonstrated that the gold mineralised zones at both prospects remain open at depth and have indicated that the cumulative widths of gold-mineralised material are also widening at depth.
Predictive Discovery accelerates Bankan Gold Project drilling as it targets maiden JORC resource mid-2021
Three reverse circulation diamond drill rigs are active, with a second diamond drill now in operation at the NE Bankan Gold discovery.
Predictive Discovery directors participate in $10.6 million placement to support Bankan Gold Project drilling
Company directors have participated in the recent strongly supported institutional placement with shareholder approval secured on December 11, 2020.
Predictive Discovery begins next phase of diamond drilling at Bankan Gold Project in Guinea
With $14 million cash in the bank as 2020 draws to a close, the company is well funded to carry out an aggressive drill campaign at its Bankan Gold Project with the key objective to deliver a maiden JORC resource by mid-2021.