PDI 0.00% 17.5¢ predictive discovery limited

PDI: the moment is NOW

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    PDI


    Market cap: 72M

    SP: 8.8c

    Cash: 11M

    SOI: 824M

    Top 20 holders: 56%

    18 projects

    1. KANINKO PROJECT - Flagship project
    • 100% owned
    • District scale system
    • Greenfield discovery
    • Similarities in mineralisation with 10Moz Siguiri Mine nearby
    • High grade mineralisation from surface down to an unknown depth
    • Potential for lowCapital expenditures (CAPEX), low All in sustaining cost (AISC)
    • Potential for excellent Gold recovery and Metallurgy
    • Accessible during wet season


    *** NE Bankan:
    Significant intercepts:

    • 46m (to EOH) at 6.58 g/t gold from 4m including
    • 10m at 26.52 g/t gold from 34m
    • 42m (to EOH) at 2.92 g/t gold from 8m

    Current progress:

    7 active drill rigs. a total of 50,000m drilling campaign


    Recent 124 AC holes (2423m out of 20,000m campaign)

    • Drill down to 20m
    • Extended mineralisation to 0.5-1km strike
    • New high grade zone identified

    RC drill - 25,000m campaign

    • Drill down to 80m.
    • Also testing anomalous zones untested by earlier AC/RC program.

    Diamond drill (depth) 5000m campaign

    • 180m down hole
    • Assays for first 5 holes in lab
    • Results was expected mid June but delayed

    Bankan Creek (satellite prospect)

    • Significant intercepts:

    44m (to EOH) at 2.06 g/t gold from 6m including:

    18m at 2.97 g/t gold from 32m

    6m at 4.52 g/t gold from 16m

    • Gold grade may improve at depth (18m at 2.97g/t Au all in fresh rock)
    • Needs DD drill to test fresh rock

    Saman project, adjacent to Kaninko (satellite prospect)

    • 400x100 gold-anomalous soil
    • Power Auger drill planned November 2020


    2. Kankan project

    • 100% owned
    • 600m drill program planed
    • AC/RC drilling on 1-2 targets, assay pending
    https://hotcopper.com.au/data/attachments/2253/2253335-1120cb349983d917c18ae77cdd7781ee.jpg

    3. Koundian Project, Guinea
    • 100% owned
    • limited historical, confirmed high-grade gold
    • 4m at 19.80g/t gold from 50m, 2m at 7.00g/t gold from 44m
    • Located along strike from 2Moz Tri-Kgolddeposits
    • Currently: geo mapping, magnetics & soil sampling
    4. Cote D’Ivoire
    • JV with ResoluteMining (23.5%)
    • Ferkessedougou North

    14.00m at 10.74g/t gold from 33.00m

    40.40m at 1.88g/t Au from 105.60m

    9.75m at 7.46g/t gold from 104.00m

    • Infill and extension planned to further test down dip extent
    5. Burki Faso
    • Bongou 184,000 oz Gold Resource:
    • Thick, consistent mineralisation
    • Excellent metallurgy
    • Promising initial drill results from Bira
    • Potential for +1Moz deposits


    ***Immediate news flow:

    • Assay for the first 5 holes of DD (180m depth) - overdue
    • Continuous Assay for AC holes (20m depth): anytime now
    • Assay for RC holes (80m depth and testing new area): late July
    • Assay for AC/RC from Kankan project?
    • Initial metallurgy for surface & deep samples: Sep-Nov 2020

    Exciting time ahead!
 
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