logo-loader
viewPredictive Discovery Ltd

Predictive Discovery to tell gold story at Proactive CEO Sessions next week

The company has a portfolio of gold properties in the world-class Birimian greenstone belts of West Africa.

Map of company's projects
The company will present at the Sydney CEO Session next Monday and in Melbourne next Tuesday

Predictive Discovery Ltd (ASX:PDI) is building an impressive portfolio of assets in the gold elephant territory of West Africa where there are many multi-million-ounce deposits.

This region has attracted the attention of many leading gold miners in recent years and continues to deliver promising new deposits, such as those held by Predictive.

Growing portfolio

The company has a growing portfolio across the world-class Birimian greenstone belts of Cote D’Ivoire, Guinea and Burkina Faso.

This story will be portrayed by the company to investors at next week’s Proactive CEO Sessions in Sydney and Melbourne.

READ: Predictive Discovery increases landholding in Guinea’s Siguiri Basin

In Guinea the company has recently been granted a Reconnaissance Authorisation covering 100 kilometres over the Kaninko Gold Project northwest of Predictive’s Kankan project in the Siguiri Basin.

This authorisation contains at least one substantial artisanal mine site consisting of extensive pitting into weathered bedrock over several hectares with shallow surficial workings in lateritic cover material.

Other artisanal sites are reported on the property but have yet to be examined.

READ: Predictive Discovery's sampling extends Kankan Project gold zone to over 7 kilometres

With five projects covering 500 square kilometres of highly prospective landholdings, the company is undertaking multiple early-stage exploration programs across its Guinea projects with encouraging results from the Kankan and Nonta projects.

Predictive has entered into joint ventures with development-oriented partners on projects in Cote d’Ivoire and Burkina Faso.

The company holds substantial minority interests (30-49%) in these projects with most exploration activity funded by partners.

READ: Predictive Discovery follows Ouarigue South gold discovery with large-scale soil sampling

This approach has yielded gold discoveries such as the recently announced Ouarigue South discovery at Ferkessedougou North project.

Other companies presenting in Sydney are Cardinal Resources Ltd (ASX:CDV), Legend Mining Ltd (ASX:LEG) and Vango Mining Ltd (ASX:VAN).

The Melbourne CEO Session on Tuesday, July 16, will also feature Cardinal Resources and Legend Mining along with Danakali Ltd (ASX:DNK).

Register for the CEO Sessions today

Sydney details, Monday, July 15, 2019

Melbourne details, Tuesday, July 16, 2019

Quick facts: Predictive Discovery Ltd

Price: 0.0105 AUD

ASX:PDI
Market: ASX
Market Cap: $3.1 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Predictive Discovery Ltd named herein, including the promotion by the Company of Predictive Discovery Ltd in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Predictive Discovery expands exploration after recent gold discovery in Cote...

Predictive Discovery Ltd (ASX:PDI) managing director Paul Roberts speaks to Proactive Investors about expanding exploration at the Ferkessedougou Gold Project in Cote d’Ivoire, West Africa, after recently discovering new mineralisation. He says from a very small footprint, the company is...

on 31/7/19

3 min read