A$26.5M institutional placement to fuel 110,000m drilling
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Predictive Discovery Limited has announced an institutional placement to raise funds for drilling at the Bankan Gold Project, as detailed on page one. The funds will be used for resource definition drilling, metallurgical testwork, and other project development studies, as outlined on page one. Managing Director Paul Roberts expressed confidence in the project and the support received from investors, as noted on page two.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Predictive Discovery Limited on 6ix
Story so far
Earlier from Predictive Discovery
- Widespread & high-grade gold from Bankan regional auger
- NE Bankan central gold zone extending to south at depth
- Quarterly Cashflow Report
- Bankan aeromag many new drill targets along 35KM structure
- NE Bankan Gold mineralisation substantially extends at depth
Later from Predictive Discovery
- 6M at 32G/t gold from first drilling at Koundian, guinea
- NE Bankan extends to depth with strong gold grades
- Broad gold intercepts from Bankan Creek and NE Bankan
- 44M @ 8G/t gold, highest impact gold intercept at Bankan
- Bonanza gold grades as high-grade zone is revealed at Bankan
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