Predictive Discovery (ASX:PDI) reported a maiden mineral resource estimate of 3.1 million tonnes at 1.5 grams per tonne (g/t) grade of gold for 153,000 ounces in the Argo area, within its Bankan project in Guinea, according to a Wednesday filing with the Australian bourse.
The mineral resource estimates include 2.2 million tonnes at 1.7 g/t for 119,000 ounces at the Fouwagbe deposit, and 0.9 million tonnes at 1.2 g/t for 34,000 ounces at the Sounsoun deposit, the filing said.
The estimates increase the project's overall mineral resource to 103.6 million tonnes at 1.7 g/t for roughly 5.5 million ounces of gold, per the filing.
The company's shares fell past 1% in recent Wednesday trade.
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