Commenting on PDI’s activities during the quarter, Managing...

Commenting on PDI’s activities during the quarter, Managing Director Andrew Pardey said,

“Strong progress was achieved during the quarter at the Bankan Gold Project in all our development and
exploration workstreams. Importantly, the PFS and ESIA advanced significantly and are on track to be completed
during the March 2024 quarter. Completion of these studies will be a landmark milestone and will kick start the
formal process for PDI to apply for an Exploitation Permit, which we aim to secure during mid-2024.”
“We continue to have success with exploration programs across Bankan’s highly prospective permit package.
We are delighted with results coming from the Argo area, particularly at Fouwagbe where promising intercepts
were received both close to the initial discovery hole and further south-west at the Sinkoumba target. Extensive
drilling is ongoing at Argo to continue following up on the best results received so far and test other targets.”
“Similarly, results from near-resource exploration were positive. With prior drilling success at 800W and further
strong results from SB and SEB during the quarter, we now have three target areas that show potential to
become future satellite deposits. We are also encouraged by initial results from several other target areas.”
“We are entering a very exciting period for PDI and I look forward to providing further updates as we progress
the Bankan Gold Project towards becoming West Africa’s next Tier-1 gold mine.”