This ASX stock has many features which are instrumental in its growth. Besides having a large mineral resource, its being low capital intensive are ideal for being catalysts to make it one of the growing companies to invest in.
Predictive Discovery Limited (ASX: PDI)
Predictive Discovery Limited has reported highly encouraging drilling results from its Bankan Gold Project in Guinea, further solidifying its position as one of West Africa’s most promising gold exploration ventures. The recent drilling campaign focused on the Fouwagbe and Sounsoun targets within the Argo area, with a total of 41 drill holes completed, amounting to nearly 7,000 meters of resource definition and exploration drilling. The results continue to confirm extensive gold mineralization, with high-grade intercepts highlighting the strong potential for resource expansion.
The Fouwagbe drilling campaign provided compelling evidence of continuous mineralization, with several notable high-grade gold intercepts. Among the standout results was a significant hit of 5 meters at 15.98 grams per tonne (g/t) of gold, which included a 1-meter interval at an impressive 71.98 g/t. Other significant intercepts included 3.5 meters at 11.93 g/t, 1.75 meters at 13.93 g/t, and 0.85 meters at 31.56 g/t, indicating the presence of multiple high-grade zones. These findings suggest that the deposit extends deeper and remains open along strike, providing strong justification for further exploration drilling in the area. The Fouwagbe mineralization is associated with shear-hosted gold zones within a deep saprolite profile, which has been a hallmark of major gold discoveries in the region.
Meanwhile, the Sounsoun target has emerged as a high-priority area for future exploration, particularly in its underexplored southwestern corridor. Drilling results confirmed the presence of high-grade gold mineralization, with intercepts of 17 meters at 1.76 g/t, 23 meters at 3.07 g/t, and 6 meters at 9.09 g/t, the latter including a 1-meter interval at 47.08 g/t. One of the most promising drill holes ended in mineralization, further indicating that the gold system remains open at depth. Additionally, results from the well-defined east-west shear zone at Sounsoun delivered consistent mineralization, with lower but still meaningful gold grades.
The Company is currently among the best gold mining stocks having expressed confidence in the project’s growing potential, emphasizing that the latest results not only extend the known mineralized zones but also validate the company’s systematic exploration approach. With a mineral resource estimate for the Fouwagbe and Sounsoun targets expected later this quarter, Predictive Discovery is on track to further enhance its already substantial 5.38-million-ounce Bankan Gold Project resource base.
PDI plans to accelerate exploration in the southwestern corridor of Sounsoun, given the high-grade discoveries in recent drill holes. Additional drilling is also planned for broader areas within the Argo and Bokoro South zones to identify new resource potential. At the same time, geological modeling and mineral resource estimation activities are underway to quantify the full extent of the recent discoveries.
Predictive Discovery’s commitment to unlocking the full potential of the Bankan Gold Project is further reinforced by its strategic exploration programs and continued strong drilling results. The company remains focused on systematically expanding its resource base while advancing toward future development and production. Given the promising drilling outcomes and the substantial gold endowment already defined at Bankan, Predictive Discovery is well-positioned to establish itself as a leading gold exploration and development company in West Africa.
(Source: Company’s Report)
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