Metal Tiger invests in West African gold explorer Predictive Discovery

By October 23, 2020129 views

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Metal Tiger PLC (LON:MTR) has taken a 0.3% stake in Predictive Discovery Limited, a West Africa-focused gold explorer.

The AIM-listed resources investor has subscribed for around 2.68mln shares in a placing currently being undertaken by ASX-listed Predictive to raise A$10.6mln at a price of 5.6 cents.

Predictive has recently started the second phase of its drilling programme at its flagship Bankan Project in Guinea’s Siguiri Basin.

The Bankan Project comprises the NE Bankan Prospect, a 1.6 kilometre long auger gold trend, Bankan Creek, a second prospect, located 3km southwest of NE Bankan.