Predictive Discovery Ltd (ASX: PDI) is an Australian-based gold exploration company focused on its flagship Bankan Gold Project in Guinea, West Africa. The Bankan project is one of the largest gold discoveries in the region in over a decade, with a total resource base exceeding 5.5 million ounces. PDI’s strategy combines aggressive exploration with a fast-tracked development timeline, underpinned by ESG compliance, government alignment, and high-grade potential across multiple deposits.
Exploration Results Reinforce Growth at Sounsoun SW
Predictive Discovery Ltd has announced significant new intercepts from its ongoing drilling campaign at the Sounsoun SW target, approximately 800 metres from the defined E-W shear zone within the Bankan Gold Project. The standout result — 26 metres at 6.74g/t gold from 81m depth — includes 3.85m @ 16.92g/t and 3m @ 29.72g/t, confirming the presence of high-grade mineralisation at shallow depths.
Additional results, including 26m @ 0.73g/t, 20m @ 0.94g/t, and 10.25m @ 1.45g/t, reinforce continuity and suggest broader mineralised halos around the higher-grade core. These results significantly enhance the geological model for Sounsoun SW and highlight its resource expansion potential. Three more assay results from the area are pending, with follow-up drilling planned for Q2.
The announcement also included the declaration of a maiden Inferred Mineral Resource for the E-W shear zone, totalling 0.9Mt @ 1.19g/t for 34Koz, which will be integrated into the broader Bankan resource model. Sounsoun is part of a system that includes NE Bankan and BC deposits, forming part of a 3km-long gold corridor that continues to yield new zones of mineralisation.
According to Managing Director Andrew Pardey, these latest results “highlight once again the exploration potential of this area,” and support the company’s long-term goal of building a Tier-1 standalone gold operation. The SW target appears to benefit from a structural setting involving NE-trending and E-W shears within a felsic intrusive, a geological setting consistent with other deposits in the region.
Development Timeline and Market Positioning
Predictive Discovery is strategically advancing the Bankan Gold Project through exploration, permitting, and early-stage development milestones. With a total resource of 5.53 million ounces and a defined ore reserve of 3.05Moz, Bankan is now among the top gold discoveries in West Africa. The Definitive Feasibility Study (DFS) remains on track for completion in H2 2025, laying the groundwork for mine construction and production readiness.
In January 2025, PDI submitted its Exploitation Permit application to the Guinean government, following the successful granting of Environmental Compliance Certification. These steps are key prerequisites for transitioning the project from exploration to development. With community engagement and regulatory support reportedly progressing well, PDI is positioned to meet its proposed development schedule.
The Bankan Project benefits from strong gold grades, scalable deposit size, and access to infrastructure. These factors increase its likelihood of becoming a future Tier-1 gold asset, capable of sustaining production over a decade or more. Additionally, the Sounsoun SW expansion potential adds further upside to mine life and output projections.
From a market standpoint, PDI continues to attract attention. The stock has returned +74.42% over the past year, driven by steady resource growth and investor belief in the asset’s long-term viability. The company’s market capitalisation now approaches $980 million, supported by robust trading volumes and inclusion in key ASX indices.
With gold prices remaining elevated and regional exploration activity intensifying, Predictive Discovery is well-positioned to capitalise on favourable market conditions. Investors will be closely watching the next set of drill results from Sounsoun SW and any updates on the DFS or permitting status as the project approaches a development decision.