Articles On Predictive Discovery (ASX:PDI)

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.

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

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.

There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn. Despite running out of puff in August and September the gold...

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.

The Predictive Discovery Ltd [ASX:PDI] share price has reversed losses suffered last week thanks to new drilling results at its Bankan Project in Guinea. Despite announcing a potential significant extension at the northern eastern part of B...

The company continues to accumulate strong results which are expected to contribute to a maiden resource estimate by mid-2021.

The Predictive Discovery Ltd [ASX:PDI] share price has opened lower today on the back of new results from its Bankan gold project in Guinea. Shares are fractionally lower, dropping 0.2 cents or 2.78% to trade at 7 cents per share. The marke...

The auger drilling extended the NE Bankan gold mineralised footprint and also identified two new high-grade regional gold targets.

Drilling across the Bankan Project has returned promising results enabling Predictive to identify areas for more extensive follow-up.

Online wine and seafood businesses, IT hygiene product providers and three gold companies are among the top performing penny stocks for the first half of this year. Penny stocks or small cap stocks is a popular term in US share markets for...

In times when gold prices are notching up steady gains it is easy to forget how once out of favour the yellow metal was. For all of the 1990s and into the early 2000s gold traded at under $US500 ($697) an ounce. Britain sold 400 tonnes of i...

Predictive Discovery Ltd [ASX:PDI] has been doing some drilling in their Bankan project in Guinea in Africa. Predictive is an ASX-listed gold explorer with a focus in West Africa. They hold about 800 squared kilometres of prospective landho...

Spot gold has climbed past the $US2,000 ($2,758.65) an ounce mark again as investors flocked to the precious metals after the US dollar slipped to a two-year low. The high gold prices in Australian dollar terms in the 2020 financial year ha...

Drilling at Bankan Creek and NE Bankan shows two strong prospects at the project, around 3 kilometres apart.

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

The Predictive Discovery Ltd [ASX:PDI] share price has opened strongly today on the back of new results from its Kaninko Project in Guinea. PDI’s share price has been tracking sideways since June and has struggled to break the eight-cent ma...

A fully funded follow-up drilling program is underway at NE Bankan consisting of 25,000 metres of RC drilling, 5,000 metres of diamond drilling and 20,000 metres of auger drilling.

Glomin will obtain an 80% equity interest in the company’s Cote d’Ivoire subsidiary, Ivoirian Resources SARL, by managing and funding exploration activities.

The share price of Predictive Discovery Ltd [ASX:PDI] has opened strongly today upon its emergence from a trading halt pending its latest drilling results. PDI shares entered a trading halt on Wednesday to allow it time to interpret results...

Predictive Discovery (ASX: PDI) has reported gold intersections up to 153m in width at its NE Bankan project in Guinea, with mineralisation remaining open at depth. The assays from the first five diamond holes show a successful intersection...

The first five diamond holes at the NE Bankan discovery have intersected wide zones of good to high-grade gold with no reduction in grade at depth.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The halt will remain in place until Friday, July 1, or when an announcement is released.

There aren’t any cheap gold stocks left on the ASX, some say. But maybe they aren’t digging deep enough into the sub-$10m market cap ‘bargain box’ bracket. It always pays to do proper research before you invest. Some microcap explorers coul...

The Proactive gold webinar will also feature Predictive Discovery and Matador Mining.

Predictive holds about 800 square kilometres of prospective landholdings within the Siguiri Basin which hosts Anglogold’s large Siguiri Mine (+10 million ounces).

Emmerson Resources, Predictive Discovery and Matador Mining are among the companies presenting at the investor-focused event.

Both the RC and diamond drilling are ongoing with RC drilling on single shift and diamond drilling on double shift and 308 RC drill samples awaiting analysis at the SGS Bamako laboratory.

Africa focused gold explorer Predictive Discovery Ltd [ASX:PDI] has seen its share price reverse almost all monthly gains on the back of drilling results at its Kaninko Gold Project in Guinea. The very same gold discovery that sent its shar...

Horizon Minerals (ASX:HRZ) is just a week away from becoming Australia’s newest gold producer with processing of ore from its Boorara gold mine near Kalgoorlie now underway. The company has moved 357,000 bank cubic metres (BCM) of material...

With the current renaissance in Victorian gold exploration, Predictive Discovery looks forward to the Petratherm’s exploration activities on this project.

In June, ASX-listed companies of all sizes continued to raise capital but the small-cap sector was particularly busy. Stocks with market capitalisations of under $100m at the time of the deal raised $274m in the last month. This is triple M...

Last time we wrote about this gold explorer, they had just completed a 65-hole drilling program in their Saman permit in Guinea, West Africa. You can read all the details on that here. Today, they released an update on the drilling, and, it...

In gold news today: Catalyst and Navarre hit 3m at +95g/t at Tandarra, Predictive’s Bankan discovery is now 1.3km long (and growing), and AusQuest is searching for Haverion/Winu “lookalikes” with miner South32. Project partners Catalyst Met...

Shallow power auger drilling has returned up to 16 metres at 1.13 g/t and 16 metres at 1.39 g/t within the new 300-metre long zone.

2020 has been a busy year for ASX-focused rainmakers. So far this year they have raised $27.78bn, according to Bloomberg, more than double the $12.98bn raised by this time last year. The pandemic forced the hands of hundreds of ASX stocks t...