Capital Di Limited – 14.83%
Aurora Minerals Limited – 7.96%
Equity Trustees Limited (Lowell Resources Fund) – 5.86%
Comsec (Retail) – 5.35%
Quintero Group Limited – 4.23%
Management ownership ~5%
Predictive holds approximately 800km sq of prospective landholdings across nine permits/ authorisations in Guinea, all containing artisanal gold workings. All projects are within the Siguiri Basin which hosts AngloGold’s large Siguiri Mine (+10Moz), the Siguiri Basin forms part of the richly mineralised West African Birimian Gold Belt.
PAUL ROBERTS (BSc, MSc, FAIG) – Managing Director.
Paul is a geologist with 11 years experience working in West Africa and is associated with a number of discoveries including the Henty gold deposit in Tasmania, and more recently gold discoveries made by PDI (Kaninko , Bongou , Nyangboue , Ouarigue South).
What is your rationale for taking part 121 Mining Investment?
To meet potential investors to support further development of our 100%-owned Guinea Portfolio.
What recent news would you like to highlight to investors attending?
Outstanding Drill Results from New Gold Discovery in Guinea – 15 April 2020
Diamond Drilling Extends Gold Mineralisation at Ouarigue South – 16 April 2020
What are your key goals for the next 3, 6 and 12 months?
To continue to explore the Company’s 100%-owned Guinea Portfolio and expand on the recent high-profile discoveries.
Significant Resource Drilling programs across 3-4 high-value Projects.
Move to studies phase of project development with Resource Drilling completed.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Navigating the Wet Season
What do you think makes your company such a compelling investment?
PDI was the single highest one-day gainer in the last three years on the ASX – 733% – we traded + 1 billion shares in 48 hours off the back of our recent discovery.
Predictive Discovery is an ASX-listed company that is focused on its 100%-owned exploration portfolio in the African nation of Guinea, within the prolific Siguiri Basin, as well as maintaining projects in Cote D’Ivoire and Burkina Faso
Predictive holds approximately 800 sq km of prospective landholdings across nine permits/ authorisations in Guinea, all containing artisanal gold workings. All projects are within the Siguiri Basin, which forms part of the richly mineralised West African Birimian Gold Belt. The Siguiri Basin hosts AngloGold’s large Siguiri Mine (+10Moz). The Guinea projects were identified by Predictive during its terrain-scale assessment of the Siguiri Basin in late 2018 using the Company’s PredictoreTM gold targeting system.
During April 2020, Predictive announced initial assay results from combined air-core/RC drilling at the company’s 100%-owned Kaninko Project in Guinea, which demonstrate a new shallow gold discovery. Kaninko was granted to Predictive in July 2019 and through rapid, targeted low-cost exploration, the company has progressed it from a greenfields tenement with no known history of past exploration, to a property on which significant gold mineralisation has now been identified.
Assay results received from the 24-hole air-core/RC drilling program on the North-East Bankan Prospect at Kaninko have demonstrated the presence of a very broad, north-trending zone containing some high-grade gold intercepts, which is at least 450m long and open in all directions and at depth.
Significant intersections include 46m (to EOH) at 6.58 g/t gold from 4m (including 10m at 26.52 g/t gold from 34m; 42m (to EOH) at 2.92 g/t gold from 8m and 50m (to EOH) at 1.53 g/t gold from surface (including 20m at 2.51 g/t gold from 30m).
The gold mineralisation is shallow, with 18 of the 24 holes intersecting reportable gold intercepts (i.e. with values greater than 0.25g/t Au) from less than 5m (vertically) below surface. Also, 10 of the holes stopped in gold mineralisation. Gold mineralisation is therefore open to the west and east along most drill lines and at depth. The known mineralised widths extend up to 150m without the full width having been completely tested on any drill line.