Mining Review Africa Issue 4, 2024.

Predictive Discovery has announced that the Pre-Feasibility Study for its Bankan Gold Project has confirmed the asset's Tier 1 status. This classification typically indicates a project with substantial resources, strong economics, and long mine life potential, placing it among the highest quality gold developments in the sector.

The confirmation of Tier 1 status represents a major validation of the Bankan Gold Project's economic viability and scale. Tier 1 assets are generally characterized by large resource bases, low operating costs, extended mine lives, and strong returns on investment. This designation positions the project as a premium asset within Predictive Discovery's portfolio and the broader gold sector.

For Predictive Discovery, achieving Tier 1 status for Bankan represents a significant de-risking of the project and enhances its attractiveness to potential partners, investors, and acquirers. The PFS milestone also indicates the company is progressing systematically through the development pathway toward production. This achievement should strengthen the company's position in securing future financing and advancing the project through feasibility studies toward construction and eventual production.