Predictive Discovery Limited provided an update on assay results from 81 holes for 20,985m of resource definition drilling at the Bankan Gold Project in Guinea. Drilling continues to develop understanding of the deeper grade architecture. Core photography of the high-grade intercepts from 562m is shown in figure 5. Between BNEDD0139A and BNEDD0150, BNEDD0180 confirms the main STMZ mineralisation with an intercept of 36m @ 2.56g/t from 404m, including 8m @ 6.61g/t from 409m.

Further up-dip BNEDD0150 hosts 24m @ 2.02g/t from 154m and 39m @ 3.63g/t from 188m, including 11m @ 6.84g/t from 215m, and a hole total of 245gm. The upper section of 1174900N expresses a pronounced ‘jagged' MTC, the expression of the pre-gold interference of early, oblique, high-angle jog faulting. Immediately up-dip from BNEDD0150 is BNEDD0156, which continues the jog mineralisation reporting 42.2m @ 2.35g/t from 121.8m in the footwall tonalite.

Mineralisation diminishes up-dip from BNEDD0156 as the STMZ crosses into the basalt, but remains economic at shallow depths, especially within the oxide horizon. This section hosts five significant intercepts on the STMZ. BNEDD0154, the deepest hole, reports 37m @ 4.41g/t from 275m, including 15m @ 8.93g/t from 281m.

BNEDD0164 reports 36.7m @ 2.79g/t from 206.3m, including 8m @ 7.1g/t from 232m. Up-dip of BNEDD0164, the STMZ crossing into basalt explains the break-up of the core mineralisation into more discrete lower grade shears, with relatively weaker intercepts resulting. BNEDD0167W1 is the deepest intercept reported on this section and intersected 1m at 5.05g/t on the STMZ just below the core shoot.

The high-grade core shoot has a high-angle SW plunge on the plane of the mineralisation which is clearly evident on the long section in figure 1. BNEDD0167W1 also hosted 7.2m @ 2.42g/t from 486m in the footwall shear position, up-dip on structure from 24.3m @ 1.43g/t in BNEDD0109A and 24.7m @ 1.46g/t in BNEDD0111. Whilst relatively weaker, these three margin-intercepts define the changing geometry of the dip-jog which immediately south develops into a high-grade splay. Further up-dip, excellent intercepts were recorded in BNEDD0166 of 49m @ 3.36g/t from 194m, including 20m @ 6.19g/t from 221m, and in BNEDD0152 of 23m @ 2.18g/t from 174m and 24.3m @ 2.30g/t from 200.6m.

BNEDD0172, BNEDD0162 and BNEDD0147 also host significant intercepts. BNEDD0151 reported 20m @ 5.55 g/t from 404m, including 6.1m @ 15.76g/t from 409m, which supports the up-dip intercept previously reported in BNERD0091 of 16.6m @ 5.86g/t from 393m, including 6m @ 12.24g/t from 400m. The excellent intercept reported in BNEDD0151 further reinforces confidence in the consistency of mineralisation in the high-grade shoot.

BNEDD0173 reported multiple intercepts of 66m @ 1.75g/t from 140m, including 7m @ 5.45g/t from 165m, and deeper another gold fault reported 21m @ 3.63g/t from 215m, including 6m @ 10.44g/t from 216m. The multiple, discrete, higher-grade faults are clearly evident on this section as they are on the next section 1175140N. A similar network of discrete gold faults is clearly evident on 1175140N.

There is strong grade continuity on this section. The best new intercepts are 56m @ 2.70g/t from 138m, including 10m @ 11.15g/t from 175m in BNEDD0170, 37.8m @ 1.69g/t from 188m in BNEDD0146, and 71.5m @ 1.70g/t from 227.5m, including 4m @ 5.75/t from 233m in BNEDD0168. The more detailed infill drilling has defined a more complex internal grade architecture to the NEB shear zone with multiple high-grade discrete gold lodes along the STMZ.

The higher-grade intercept of 10m @ 11.15g/t from 175m within the broader BNEDD0170 intercept is now recognised as a part of generative second order fault and the intimate 3D grade architecture can be modelled using these more discrete structural and grade elements. The last holes from this phase of RC in-fill drilling are reported in this announcement from the northern section of the NEB deposit. The drilling has delivered strong oxide intercepts which exhibit similar discrete, high-grade structures as down- dip in the fresh rock.

BNERC0327 reported 62m @ 1.31g/t from 4m, including 15m @ 2.04g/t from 24m, BNEDD0328 reported 18m @ 1.55g/t from 9m and 16m @ 1.21g/t from 30m, BNERC0329 reported a best intercept of 15m @ 1.54g/t from 38m and BNERC0330 reported a best intercept of 19m @ 1.06g/t from 5m. There are currently six active DD rigs focused on resource definition drilling at the NEB and BC deposits, in line with the Company's strategy to increase the size and quality of the existing 4.2Moz Inferred Mineral Resource.1 A Mineral Resource update is currently underway and is due to be completed shortly. This update will include all results received to date, refinements to the geological model, and review of the Mineral Resource classification.

Infill drilling within the pit shell will continue to be a key focus to enable the majority of the NEB Mineral Resource to be upgraded to Indicated during 2023, to support the Scoping Study mine plan and future permitting discussions with the Government of Guinea. Deeper resource extension drilling is ongoing in the area up to 375m down-plunge of the pit shell, which includes a number of high-grade intercepts outside the initial underground Mineral Resource estimate of 44Koz @ 4.85g/t.1 Resource extension drilling is planned in a recently identified area to the north of the main NEB mineralisation. Drilling at Bankan Creek (‘BC') recommenced in late 2022 and is continuing.