Predictive Discovery's new findings

Predictive Discovery (ASX:PDI) has announced encouraging drilling results from its Bankan Gold Project in Guinea. The findings are from the 800W and SB targets near the NEB deposit. Significant gold intercepts have been reported, with notable extensions of mineralization observed.

Overview of Bankan Gold Project advancements

Predictive Discovery Limited (ASX:PDI) reported successful drilling outcomes at the Bankan Gold Project in Guinea, particularly at the 800W and SB targets. The 800W target displayed promising mineralization extensions to the north-east, with significant gold intercepts. Drilling at 800W comprised 40 holes for 2,675 meters, while the SB target involved 15 holes for 1,399 meters. A maiden Mineral Resource estimate for 800W is anticipated in early 2025. The company aims to identify and develop gold deposits within the Siguiri Basin, with the Bankan Gold Project currently holding a Mineral Resource of 5.38Moz. Future plans include further regional drilling within the Bankan permits and maiden Mineral Resource estimates for Fouwagbe and Sounsoun targets. PDI is also preparing to apply for mining permits with ongoing environmental and social assessments.

Executive insights on drilling results

The positive implications of these results suggest potential for a satellite deposit in the NEB area, which could contribute additional ounces to the project and offer flexibility in mine planning.