/PRNewswire/ - Sprott Capital Partners today announced the completion of a management-led buyout from Sprott Inc. Effective immediately, Sprott Capital.
Predictive Discovery ‘leading the West African discovery pack’, says Sprott in initial report
The company has made a second satellite discovery at its NE Bankan Project, with 14 metres at 4.0 g/t and 37 metres at 1.8 g/t in the first hole. With both discoveries made only last year, a maiden resource is targeted this year.
Predictive Discovery Ltd (ASX:PDI) has secured a BUY rating and price target of A$0.16 per share from Sprott Equity Research which initiated coverage of the explorer in a report titled ‘Initiation: leading the West African discovery pack.’
The company’s flagship NE Bankan open pittable gold asset in Guinea was only discovered last year, with the main deposit extending over 1.3 kilometres and diamond-drill highlights of 52 metres true thickness (TT) at 2.9 g/t and 82 metres (TT) at 1.8 g/t demonstrating the scale and grade.