As the world’s largest producer and exporter of bauxite, Guinea is a well-established global mining address with significant prospective reserves of high-quality gold, iron ore and base-metals.
Located in the North-East of Guinea, the Bankan project lies within the Siguiri Basin, across the Birimian/Archean gold belts, prolific geological formations which stretches from Mali, through Guinea, Côte d’Ivoire, Burkina Faso and into Ghana – Guinea’s Siguiri Basin remains the most underexplored region of this highly prospective West African region.
The Bankan Gold Project stretches over a large 35km-long structural corridor in the eastern part of the Siguiri Basin. Significant mines in the region include Siguiri (AngloGold Ashanti) and Lefa (Nordgold), as well as Kouroussa (Hummingbird), which is under construction and commences production in 2023.
Since drilling the initial discovery hole in May 2020, Predictive has delivered a Mineral Resource (Inferred) of 72.8 million tonnes at 1.63g/t Au for 4.2 million ounces of gold.
The Company is developing two key deposits: NE Bankan and Bankan Creek, which sit only 3kms apart, in the southern section of the licence area. Predictive believes there is the opportunity to develop other similar deposits to the Bankan project within its large licence package, and is currently undergoing a modern, regional exploration campaign, which includes geophysical and auger drilling, with already some highly encouraging results to date.
