PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2019

Sep 30, 2019

1 October 2019

NEW PERMIT GRANTED TO PREDICTIVE IN COTE D’IVOIRE

HIGHLIGHTS

• Bocanda North permit granted covering 400 km[2] .

• Area selected using the company’s Predictore[TM] ground selection system.

• Located on a major structural position along strike from the Bobosso Project (see map).

• Artisanal gold workings recorded in the area.

• Work to commence in October.

“Predictive has been operating in Cote D’Ivoire since 2013 and regard it as a highly attractive destination for mining investment, both because of its high prospectivity and for its deserved reputation as an investor friendly jurisdiction. Apart from our own exploration successes in Cote D’Ivoire in joint venture with Resolute Mining (e.g. Nyangboue and Ouarigue South discoveries), other Australian listed explorers, such as Exore Resources (ASX: ERX) and Tietto Minerals (ASX: TIE) are reporting very exciting exploration results from the country[1,2] , supporting its potential for large greenfields gold discoveries. The recent commencement of mine development work on the major Yaoure gold deposit by Perseus Mining (ASX: PRU)[3] also confirms the investment attractiveness of Cote D’Ivoire.” – Commented Predictive Discovery Managing Director, Paul Roberts

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Figure 1 - Predictive Discovery West African projects, properties and interests on geological map background, highlighting new Bocanda North permit.

1 Exore Resources announcement dated 25 September 2019 - https://www.asx.com.au/asxpdf/20190925/pdf/448v24w7bh5696.pdf 2 Tietto Minerals announcement dated 26 September 2019 - https://www.asx.com.au/asxpdf/20190926/pdf/448wj4s424wqc7.pdf 3 Perseus Mining - Yaoure presentation dated 10 September 2019 - https://www.asx.com.au/asxpdf/20190911/pdf/448f1s46kbhmzh.pdf

Predictive Discovery Limited ( “Predictive” or “Company” ) is pleased to announce that the Bocanda North permit has been granted to Predictive’s Cote D’Ivoire subsidiary, Ivoirian Resources. The permit grant was approved by Cote D’Ivoire’s Ministerial Council in September.

The Bocanda North permit area was selected using Predictive’s in-house targeting system, known as Predictore[TM] . The permit straddles a major geological contact separating greenstone from granite and representing the western edge of the largest greenstone belt in Cote D’Ivoire which is also the southern extension of Burkina Faso’s Hounde belt (Figure 1). The Hounde Belt contains several large gold deposits in Burkina Faso including Semafo Inc’s Mana Mine and Endeavour Mining’s Hounde Mine. Bocanda North also lies on the same structural position as the Bobosso Project in Cote D’Ivoire. Bobosso covers a very large gold mineralised system which was explored previously by Predictive; the Company retains a trailing interest in Bobosso which will result in cash payments to Predictive if one or more gold mines are discovered and developed there (ASX Announcement dated 12 June 2018).

Predictive team members will visit the Bocanda North site to scope out the initial work program in October. Field work initially consisting of stream sediment sampling and geological mapping will commence in November or December.

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For further information please contact:

Paul Roberts Managing Director Tel: +61 402 857 249 Email: paul.roberts@predictivediscovery.com

Bruce Waddell

Company Secretary Tel: +61 8 6143 1840 Email: bruce.waddell@predictivediscovery.com

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