Predictive Discovery (ASX:PDI) reported gold production of 48,178 ounces in the three months ended March 31, up 308% from 11,818 ounces in the December 2025 quarter, according to a Tuesday filing with the Australian bourse.

There was no substantive mining production during the March 2025 quarter, an earlier filing showed.

Gold sales totaled 41,799 ounces in the March quarter, an increase of 271% compared with 11,272 ounces in the previous quarter, with the average realized gold price also rising 13% to $4,806 per ounce, up from $4,235 per ounce, the filing said.

Production guidance for the year is set between 198,000 and 220,000 ounces of gold, with cost production guidance expected in the June quarter, per the filing.

Shares rose 4% in morning trade on Tuesday.