Bankan Gold Project, Guinea
The project is 550km by road from Guinea’s capital Conakry within the region of Upper Guinea (Haute-Guinée), near Kouroussa. PDI’s Bankan licence area covers 356km2 in four exploration permits: Kaninko, Saman, Bokoro and Argo.
Bankan is a Tier-1 gold development project located in north-east Guinea, West Africa. Four deposits have been discovered to date which host a total Mineral Resource of 5.5Moz. The NEB deposit has a 4.9Moz Mineral Resource, making it one of the largest gold discoveries in West Africa in a decade.
Path to Production
An Exploitation Permit application was submitted in January 2025 and is in the final stages of the Government’s review process.
Construction is aimed to commence in Q2 2026 following execution readiness activities (including selected early works), enabling the start of commercial production in Q2 2028.
Exploration
The Bankan Gold Project has significant exploration upside, and there is excellent potential to increase the Project’s Mineral Resource base and mine life.
Numerous near-surface prospects have been identified within 3km of the NEB and BC deposits. Initial drilling has returned encouraging results from multiple targets, highlighting excellent potential for new satellite deposits to be defined over time which can extend the Bankan Project’s mile life.