Overview of Predictive Discovery's drilling results at Argo and Bokoro areas

Predictive Discovery Limited (ASX:PDI) has released drilling results for 458 holes for 28,388m at the Argo and Bokoro areas of its 5.38Moz Bankan Gold Project in Guinea. The results include resource development drilling at the Sounsoun target at Argo, where the company aims to define a maiden Mineral Resource estimate, and exploration drilling at multiple other Argo targets, as well as at Bokoro, with the strategy to maintain a solid pipeline of exploration targets.

Executive commentary on drilling results and exploration strategy

We are encouraged by initial resource definition drilling at Sounsoun, which recorded positive intercepts and has defined a shear zone hosting mineralisation over a strike of at least 700m. Additional results are due imminently from Sounsoun. Resource definition drilling is also underway at the Fouwagbe target, and we are looking forward to receiving results from this program. The Bankan Project has excellent exploration upside with 35km of major regional structure running through the permits. Delivering maiden Mineral Resource estimates from these initial Argo targets will be an important catalyst for the Company, highlighting growth potential beyond the NEB and BC areas. Our pipeline of exploration targets continues to be developed, with positive new results from the Somo, Sedadiou, and Sinkoumba targets at Argo, as well as promising results from initial drilling on the Bokoro permit that sits between Argo and NEB.

Summary of drilling results and future plans

The drilling results at Argo and Bokoro areas have revealed positive intercepts and exploration potential at Predictive Discovery's Bankan Gold Project in Guinea. The company's strategy to maintain a solid pipeline of exploration targets is evident from the ongoing exploration drilling efforts. With resource development drilling underway at various targets and plans for further exploration drilling, Predictive Discovery aims to define maiden Mineral Resources at these targets by the end of 2024. The Bankan Project's excellent exploration upside and the company's focus on delivering growth potential beyond the NEB and BC areas indicate a promising outlook for Predictive Discovery's corporate strategy and the announcement.