September 2024 Quarter Planned Activities • Complete infill drilling programs at the BC and Gbengbeden deposits, with the aim of upgrading Inferred Mineral Resources to Indicated to potentially increase Ore Reserves. • Complete resource definition drilling at 800W and commence resource definition drilling at SB, with the aim of defining maiden Mineral Resource estimates by late 2024. • Conduct resource definition drilling at Argo targets Fouwagbe and Sounsoun, with the aim of defining maiden Mineral Resource estimates by late 2024. • Further develop the pipeline of regional exploration targets on the Argo and Bokoro permits, and near-resource targets on the Kaninko and Saman permits. • Advance DFS workstreams. • Advance the permitting process for the Bankan Gold Project. Planned activities in line with the prescribed process comprise an AGEE site visit including presentations from subject matter experts, stakeholder engagement and an independent review of the ESIA. • Further collaboration with the OGPNRF to finalise the Upper Niger National Park management plan. • Implement corporate governance enhancements, including establishing a Technical Committee to be chaired by Non-Executive Director, Alberto Lavandeira
A fair bit going on this quarter! Hopefully newsflow picks up a lot, the share price needs it!
• PDI had $50.9m in cash and no debt as at 30 June 2024 - That is a lot of cash! No need for another raise for 12 months IMO.
PDI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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