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AFRIcA DoWn UnDeR

Predictive primed to cash in at Bankan

redictive Discovery Ltd has entered a in January.
Pcrucial phase of drilling at it Bankan gold Deeper drilling is also on the company’s
project in Guinea ahead of next year’s maid- agenda over the coming six months.
en resource announcement. “We certainly believe we can drill this to
Having just boosted its cash position to a very significant depth, probably to 250m
$15 million following a recent $10.6 million vertical depth, and include that within an
institutional placement, Predictive has now economic resource,” Roberts said.
kicked off power auger drilling on a western Predictive is currently focusing on an un-
extension of the North East Bankan discov- tested area between the North East Ban-
ery to test for a possible new zone of gold kan and Bankan Creek prospects. Power
mineralisation. auger and aeromagnetics over the entire
About 15,000m of power auger drilling 358sq km land package the company holds
is planned, along with 10,000m of RC and Paul Roberts in Guinea is set to begin imminently.
diamond drilling, as the company targets listed resources group in the preceding Roberts said there was strong potential
a maiden resource estimate for Bankan in three years. to make further greenfields discoveries
mid-2021. The North East Bankan discovery came along the largely unexplored 35km strike
“A maiden resource from an absolute more than a decade after Predictive first length on the Bankan property.
standing start in 15 months is pretty fast by ventured into West Africa, but less than “There’s real potential to find more on
most people’s measure,” Predictive manag- a year since being granted its exploration Bankan Creek and really what this reinforc-
ing director Paul Roberts told Africa Down package in Guinea. es is that we’re at the very beginning of this
Under. “By sticking to the knitting, with a bit of story,” he said.
Predictive set market tongues wagging persistence, we’ve actually found some- “We’ve got a very large area of strike
in April when it announced a breakthrough thing that certainly looks quite interesting,” length to go and explore, and we know its
intersection of 46m @ 6.58 g/t gold from Roberts said. blind mineralisation, which is a really impor-
4m (including 10m @ 26.52 g/t from 34m) The recent $10.6 million placement en- tant element to the future potential here.”
at North East Bankan which triggered a sures Predictive is funded to complete its
1,000% share price rise, including the big- upcoming work programmes, including – Michael Washbourne
gest single-day surge (733%) by an ASX- metallurgical studies which are set to begin

Flagship Prieska Copper-
Zinc Project – Northern Cape
Province, South Africa
Updated BFS completed
following successful
optimisation & value
engineering
FINDING AND BUILDING Substantial increase in
THE MINES OF production, mine life and
THE FUTURE cash fl ow achieved:
• Cash fl ow of A$1.6B
• NPV to A$779M
One of the few long-life,
development ready base
metal assets globally:
• 12-year mine life at
~22ktpa Cu and ~70ktpa Zn
Project fi nancing
and strategic partner
discussions well advanced
Well placed to play key role in
local economic recovery plan
for Northern Cape Region
Signifi cant exposure to
high-impact exploration
> BANKABLE in Fraser Range, WA (IGO-JV)
> FULLY PERMITTED Key Ni-Cu targets directly
> READY TO BUILD along trend from recent
Legend Mining discovery
ASX: ORN | JSE: ORN Air-core drilling underway ahead
www.orionminerals.com.au of planned diamond drilling

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