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FINALIST: EXPLORER
18/10/22 10:45 am
Gold Mining Journal 2022 - Strip ad - 20 x 420.indd 1
Gold Mining Journal 2022 - Strip ad - 20 x 420.indd 1 18/10/22 10:45 am
New faces, same Predictive approach

by Fraser Palamara

he new leadership of Predictive Discovery Ltd, winner of last raised $55 million in May to support the 60,000m of drilling which is
Tyear’s GMJ Explorer of the Year award, is steering the Bankan targeting the Northeast Bankan and Bankan Creek areas.
gold project in Guinea towards production under a steady voyage. “We have extensive drill programmes under way, currently eight
Predictive managing director Andrew Pardey stepped up to the job rigs drilling,” Pardey said. “Six of those are focused on the resource
on the eve of 2022, replacing company founder Paul Roberts who infill and expansion, and also branching into doing more of the
is now chairing the recently listed Desoto Resources Ltd. regional exploration along the 35km trend.”
Speaking at the Precious Metals Summit in Zurich, Pardey said Latest drill results from Predictive at the time of print were highly
Predictive was taking a measured approach to potentially reach encouraging, including hits of 38m @ 7.18 g/t from 541m, 22m
production within the next three years. @ 5.34 g/t from 286m and 49m @ 2.04 g/t from 288m. These
“Our goal is to deliver a scoping study to the Government of Guinea intercepts were delineated from within Northeast Bankan’s
by the end of next year [2023],” Pardey said. “The critical path for $US1,800/oz optimised resource pit shell.
that timeline is doing the environmental and social population Pardey couldn’t help but muse what a repeat of Northeast Bankan
studies. Until the start of this year, [previous management] had could do for the company.
done none of that work. “Another of those and suddenly you’re going from 4.2 moz to
“Then we can go onto to apply to the mining convention…ideal maybe 8 moz, who knows?” he said.
world from that, two years [to] first production.” “There will be a lot more news flow coming out as the scoping study
Bankan contains a 4.2 moz @ 1.63 g/t inferred gold resource and work is under way to take this project forward. We believe this has
is currently undergoing a newly funded drill campaign. Predictive all the makings of a Tier-1 asset that will be developed in Guinea.”

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