Predictive Discovery Limited (ASXDI) (“PDI” or the “Company”) is pleased to report assay results from
9 holes for 4,151m of resource definition drilling at the Bankan Gold Project in Guinea.
HIGHLIGHTS
• Excellent infill drilling results from the middle to lower parts of the NE Bankan (“NEB”) resource pit
shell, where the Mineral Resource is classified as Inferred.
• Best results include:
o 50m @ 3.79g/t from 530m;
o 51m @ 3.28g/t from 509m;
o 29m @ 5.20g/t from 412m; and
o 29m @ 4.18g/t from 346m.
• Infill drilling is aiming to upgrade the majority of NEB’s 3.5Moz Open Pit Mineral Resource to
Indicated (currently 50% Indicated).
1 This is a crucial part of the Scoping Study and is therefore a
key step in PDI's strategy to secure a mining permit for the Bankan Project.
• Re-logging of all historical Bankan Creek (“BC”) holes completed to refine the geological model and
assist with future drilling targeting to upgrade and extend the Mineral Resource.
• Majority of BC holes from the seven-hole drilling program in late 2022 have now been sent for
assaying, with samples for remaining holes being prepared.
Commenting on the results, Managing Director Andrew Pardey, said:
“We continue to take great confidence from the quality of infill drilling results at NEB, which is testament to
the orebody’s consistency.
“PDI is working diligently towards completion of a Scoping Study by the end of 2023 to facilitate permitting in
the first half of 2024. Infill drilling to support further Mineral Resource upgrades in Q3 2023 is a crucial part of
our strategy and will enable PDI to deliver a robust Scoping Study based on a significant proportion of Indicated
Mineral Resources.
“Separately, we are excited to be ramping up exploration activity at the regional Argo targets, as well as at
targets close to the NEB and BC deposits. We look forward to providing updates shortly.”
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