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PREDICTIVE DISCOVERY LIMITED — Board/Management Information 2013
Sep 11, 2013
65537_rns_2013-09-11_e3e73ab8-6e1f-421d-b7e7-4b7ef3587e8b.pdf
Board/Management Information
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12[th] September 2013
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ASX Announcement
Director Appointment
Predictive Discovery Limited (ASX: PDI ) is pleased to announce that Mr Tim Markwell has been appointed to the Company’s Board of Directors.
Predictive Discovery Limited is a gold exploration company with strong technical capabilities focused on its advanced exploration project in Burkina Faso, West Africa.
Mr Markwell is a geologist and has worked for 20 years in the resources and finance industries. He is currently African Lion 3 Limited’s manager based in Melbourne. Previously Mr Markwell worked for the LinQ Resources Fund as an investment manager and as a resource analyst for Perth broker DJ Carmichael. He has also worked as a geologist for BHP-Billiton, Golder Associates, Anaconda Nickel, Great Central Mines and Reynolds.
ASX: PDI
Issued Capital: 271M shares Share Price: 2.0 cents
Predictive Discovery Limited (PDI) was established in late 2007. The Company is focused on exploration for gold in West Africa. PDI has a distinctive technological capability, known as Predictore ® , which is designed to increase drill targeting efficiency thereby reducing ore discovery cost. The Company’s major focus is in Burkina Faso, West Africa where it has assembled a substantial regional ground position totalling 1,605km[2] and is exploring for large open-pittable gold deposits. Exploration in eastern Burkina Faso has yielded a large portfolio of exciting gold prospects, including the Bongou trend where a series of high grade gold drill intercepts have been obtained recently. PDI also has interests in a strategic portfolio of tenements and tenement applications in Cote D’Ivoire.
Market Capitalisation: $5.4M Cash (at 30 June 2013): $1.3M
Directors
Phillip Harman Non-Exec Chairman
Paul Roberts Managing Director
For further details please contact:
Phil Henty Non-Executive Director c
Paul Roberts
Phillip Harman
Chairman
Managing Director
Tim Markwell Non-Executive Director
Tel: +61 8 9216 1020
Tel: +61 3 9618 2530
Email: [email protected]
Email: [email protected]
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