Articles On Predictive Discovery (ASX:PDI)

Predictive Discovery, Challenger Exploration hit ‘bonanza grade’ gold at respective projects Debutant Australian Rare Earths launches out of the gates in morning trade, up 65% on its IPO price of 30c per share Explorer Emu gains on Julimar...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

This result "is an absolute standout, better than any intercept we have obtained so far in the deposit," says MD as the company advances towards a maiden resource estimate in the September quarter.

S&P 500 at fresh record high but Tech falls The S&P 500 nudged up by 0.13% overnight, and closed the half year at a new record high. The Dow Jones also rose by 0.61%, but tech heavy Nasdaq fell by 0.17%. Investors are betting on a r...

Newly-listed explorer Polymetals Resources (ASX: POL) has kicked off its 2021 drilling season with a combined aircore and reverse circulation program at the East Alahiné gold project in West Africa’s Siguiri Basin. The Phase 2 program will...

The company is undertaking infill drilling in preparation for planned maiden resource estimates on the NE Bankan and Bankan Creek deposits.

Another Melbourne lockdown has starved Garimpeiro of the usual flow of junior resources stock ideas that his barfly approach to gathering information normally delivers. So this week he has reached out for some professional help from John Fo...

The three new holes provide further confirmation that the Central Gold Mineralised Zone continues to extend at depth, thereby continuing to increase the size of the known mineralised body.

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

The large power auger program tested targets defined by an aeromagnetic survey and geological mapping, with the company confident that current and historical results demonstrate the potential to uncover a large gold deposit.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

As the spotlight shines on West Africa as a gold exploration destination, one country in the region is becoming increasingly popular with explorers and investors alike – Guinea-Conakry. The West African country is about 246,000 square kilom...

The company will no longer be responsible for exploration expenditure but will retain an interest in any potential discoveries on the JV permits.

Around 70,000 metres of drilling have been completed with three active rigs on-site to undertake aggressive drilling.

The company aims to complete drilling program comprising infill, extensional and exploration drilling, targeting multi-million-ounce deposits across its Guinea landholdings.

Friday, and the week ended pretty much the way it began, with loopy comments from Elon Musk diverting everyone’s attention away from real life. BNPLs failed to recover from yesterday’s robust inflation expectations out of the US, and the ma...

The ASX fell nearly 1 per cent today and below 7,000 index points as this week’s sell off continued. The ASX 200 closed at 6,983 points, which was 0.88 per cent lower than yesterday while the ASX Emerging Companies Index dropped 1.18 per ce...

The company has made two significant gold discoveries within 18 months – at the NE Bankan and Bankan Creek prospects - through successful application of power auger drilling.

Sell-off on Wall Street after inflation rose to highest since 2009 All major indices in US tumbled after US consumer price increased by 0.8% in April, climbing by the most since 2009 and topping estimates. The steeper than expected inflatio...

Predictive’s strong cash position of more than $9 million at the end of April, ensures the company is well-funded to continue its aggressive multi-rig drill program, aimed at delivering a maiden JORC resource in quarter three.

Dow Jones at record level, as US tech stocks sell off again The Dow Jones index has reached its all-time high, rising by 0.29% to finish at a record 34,230. However, tech stocks sold off again, with the likes of Amazon and Facebook falling...

New targets are on interpreted ENE –WSW faults, crosscutting a newly recognised major 35-kilometre-long north-northwest structural corridor.

The company has made a second satellite discovery at its NE Bankan Project, with 14 metres at 4.0 g/t and 37 metres at 1.8 g/t in the first hole.

RC and diamond drilling continues with three rigs at Bankan to support a maiden resource estimate planned for mid-2021.

For many of Australia’s small-cap gold stocks, 2020 was a year to remember. But with the gold price now cooling, so too have the share prices of some of the fastest-growing gold companies. However, this hasn’t necessarily been the case for...

IN Mining Briefs: Great Northern boosts resource; new drilling results for Predictive Discovery and Eagle Mountain; EcoGraf looks to Europe; Auroch ...

Over the past 10 months, the company has made two greenfield discoveries at Bankan, initially at NE Bankan prospect, and with steadily increasing RC and DD drill coverage at depth.

While the company will continue to monitor the situation, it is confident in the abilities of local authorities to manage the outbreak.

The share price of Africa-focused gold explorer Predictive Discovery Ltd [ASX:PDI] has sunk today despite further gold extensions found at its Bankan Gold Project in Guinea. The PDI share price is down 2.94% to 6.6 cents per share at time o...

These latest results continue to enhance the company’s confidence in the potential of the Bankan Creek gold prospect.

The share price of West African mineral explorer Predictive Discovery Ltd [ASX:PDI] is one of the few heading upwards today in what has been a bit of a bloodbath on the ASX. Currently, the PDI share price is up 3.28% to trade at 6.3 cents p...

New drilling results have demonstrated that the gold mineralised zones at both prospects remain open at depth and have indicated that the cumulative widths of gold-mineralised material are also widening at depth.

Company directors have participated in the recent strongly supported institutional placement with shareholder approval secured on December 11, 2020.

With $14 million cash in the bank as 2020 draws to a close, the company is well funded to carry out an aggressive drill campaign at its Bankan Gold Project with the key objective to deliver a maiden JORC resource by mid-2021.

The company will seek to accelerate drilling in early February with a second RC/DD rig to remain on schedule for delivery of a maiden mineral resource estimate in mid-2021.

The move creates a far simpler ownership structure and greater appeal as the company considers potential divestment opportunities for the Burkina Faso assets.

The company completed a share placement in October, raising $10.6 million to drive exploration on the project during the December quarter.

The company received strong participation from new international institutional investors, major existing shareholders, the board and senior management.

The company is undertaking a capital raising and has requested a trading halt of its securities to allow it time to formalise the raising.

The company has received the final reverse circulation results from the NE Bankan gold mineralised zone and a review of drilling data is underway.

The Bankan project is in Guinea’s Siguiri Basin, which hosts AngloGold’s large Siguiri Mine - the discovery consists of a 1.6-kilometre-long gold footprint with mineralisation continuing across the Kaninko and Saman permits.

The company is confident that the generally even distribution of gold grades across the strike bodes well for the planned maiden resource estimate in mid-2021.

These new permits will ensure Predictive can continue to explore the potential in north-south mineralised zones to the north of NE Bankan and Bankan Creek deposits.