EXPLORATION & DEVELOPMENT

Deep gold success for Predictive at Bankan

SUCCESSFUL gold explorer Predictive Discovery says drilling has confirmed further continuity of mineralisation at its multi-million ounce, NE Bankan discovery in Guinea.

Deep gold success for Predictive at Bankan

A diamond core drill result of 30.5m at 3.5 grams per tonne gold from 723m was made 200m below the 3.9 million ounce resource pit shell.

The intercept included intervals of 9m at 8gpt and 16m at 6.1gpt.

The drilling is part of a 60,000m RC and diamond core campaign being conducted as Predictive works on completing a scoping study in the second half of 2023.

There are 10 active drill rigs on site.

Predictive's overall Bankan project contains an inferred 79.5 million tonnes grading 1.6 grams per tonne for 4.2Moz.

Predictive completed a A$55 million fundraising in July when it issued new shares priced at 18c each.

Shares in Predictive were up 6% to 17.5c in morning trade today, capitalising the company at $300 million.

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