Predictive Discovery Strikes Gold Again at Bankan Project

At the SB target, located approximately 1km south of NEB, drilling has intercepted multiple mineralized structures. The preliminary interpretation suggests the presence of multiple secondary WNW-ESE and SSW-NNE oriented structures that crosscut the main N-S structure. The latest results indicate an additional zone of mineralization at SB, with three parallel west-dipping zones now interpreted.

Commenting on the results, Managing Director Andrew Pardey said, “The area around NEB and BC is showing excellent potential to host multiple satellite deposits. Pleasingly, these latest results have BC East also emerging as an area of interest, with encouraging results in the same structural corridor that hosts the BC deposit.”

“SB has delivered additional shallow intercepts on the eastern edge of the target area, which indicate a third mineralised zone.”

“The discovery of satellite deposits near NEB and BC is one of the key opportunities identified in the PFS, and has potential to improve PFS outcomes and bring numerous benefits such as mine life extension and mine planning flexibility. Near-resource exploration will therefore remain a key focus for PDI moving forward, to complement the regional exploration program currently centred on the Argo area.”

Gold is a precious metal that has been valued for its rarity, durability, and beauty for thousands of years. It is often used as a hedge against inflation and economic uncertainty, as well as a store of value – factors all contributing to the recent gold price rally to record heights of $2400+.

Predictive Discovery plans to continue near-resource drilling on a results-driven basis. Infill drilling is underway at BC, targeting the upgrading of Inferred Mineral Resources beneath the PFS pit design. This is in line with the optimization opportunity identified in the PFS. Additionally, an aircore drill program has commenced to test the lateral continuity of several significant intercepts at BC North, SEB, 800W, and NEB North.

As Predictive Discovery progresses with its exploration and development activities at the Bankan Gold Project, the company is well-positioned to benefit from the growing demand for gold. The company had a market cap of $446M at time of writing at a share price of $0.215, as per the ASX website.