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PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2013
Oct 17, 2013
65537_rns_2013-10-17_0291e730-d598-481c-a687-a50338b9c7ea.pdf
Investor Presentation
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targets in Burkina
Disclaimer
This presentation contains only a brief overview of Predictive Discovery Ltd and its associated entities (“PDI or Predictive") and their respective activities. The contents of this presentation, including matters relating to the geology of the projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification.
This presentation contains a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Predictive’s control, may cause the actual results, performance and achievements of PDI to differ materially from those expressed or implied in this presentation.
To the maximum extent permitted by law, PDI does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of PDI, and will not be responsible for any loss or damage arising from the use of the information.
The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Predictive or its activities.
Competent Person Statement
The information in this presentation that relates to Exploration Results is based on information compiled by Mr P. A. Roberts, who is a Fellow of the Australian Institute of Geoscientists, and has had sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Roberts is an employee of Predictive and consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears.
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PDI October 2013
Page 2
: Focused on high grade in 2012-13 field season
-
Excellent results from Bongou – best combination of grade, continuity, width and metallurgical results
-
High grades from other prospects, especially Solna and Tambiri
-
• Other prospects in PDI’s large prospect pipeline mainly on hold
-
New opportunities for PDI in Cote D’Ivoire:
-
Political situation now stabilised and ground now being granted
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• PDI has 2 granted permits and 3 applications, totalling 1700km[2 ]
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• Highly prospective ground with extensive historic workings
-
:
-
Work program based on $1.2M raising
-
Drilling Bongou for extensions (starts 1[st] November)
-
Low key Cote D’Ivoire reconnaissance (commenced)
-
• RAB drilling along strike from Bongou (March Quarter 2014)
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PDI October 2013
ASX:PDI - Corporate Summary
| ~~Board Members~~ Board |
Members | |
|---|---|---|
| Mr. Phil Harman | Non-Executive Chairman | Extensive board experience, discovery track record, |
| senior roles in BHP | ||
| Mr. Paul Roberts | Managing Director | Discovery track record, global exploration |
| experience, technology leadership | ||
| Mr. Phil Henty | Non-Executive Director | Extensive corporate and stockbroking experience |
| Mr Tim Markwell | Non-Executive Director | Fund manager with substantial mining industry and |
| (New Director) | resource analyst experience |
Capital Structure
Shares on Issue (ASX:PDI) 235 Million
Share Price A$0.017 Market Cap. (@0.017 ) A$ 4.3 million Cash Position at Sept 30 A$ 1.5 million Enterprise Value A$ 2.8 million Debt Nil Top 20 Shareholders (%) 44%
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----- Start of picture text -----
African Lion
Shareholders 9% Lowell
Resources
6% Board and
management
8%
Others
77%
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PDI October 2013
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West Africa Focus
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PDI October 2013
Ground position – E. Burkina Faso
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- 100km of
greenstone strike in Samira Hill Belt (Samira Hill 2.5Moz) & 10km in Bangaba Belt
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Large gold mineralised systems and numerous artisanal workings
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Pipeline of prospects
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PDI October 2013
New ground position – Cote D’Ivoire
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Systematic approach to targeting with Predictore
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790 km[2] granted
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920 km[2] under application
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Kokumbo:
o Long history of gold mining o Close to Bonikro
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Excellent infrastructure
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Boundiali:
o Along strike from Sissingue & Syama
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PDI October 2013
New ground position – Cote D’Ivoire
Kokumbo:
- Field work has
commenced
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Substantial historic workings
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Water supply – historic dam
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Power line and bitumen road to site
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PDI October 2013
Bongou – high grades, continuity, width
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Silicified, quartz veined, pyritic mineralisation
- High grades on N contact
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PDI October 2013
Bongou – high grades, widths, continuity
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Silicified, quartz veined, pyritic mineralisation
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High grades on N contact :
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48m at 4.3g/t Au incl. 16m at 9.7g/t Au
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26m at 6.9g/t Au incl. 16m at 8.9g/t Au
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20m at 4.8g/t Au
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10m at 7.4g/t Au
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Lower grade mineralisation on S. margin
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PDI October 2013
Bongou – nearby potential
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- New power
auger geochemistry anomaly larger than Bongou
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Peak value
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4.8g/t Au
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Altered granite
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RAB drilling target
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PDI October 2013
Bongou – along strike potential
Bongou Structure - 43km of strike held 100% by PDI
Two RAB drilling targets Close to other prospects in Laterite Hill Gold Field
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PDI October 2013
Page 12
Bongou Preliminary Metallurgy
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Rapid gold dissolution in first few hours
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Free gold and gold
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on/within pyrite
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Acceptable cyanide/lime
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consumption
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PDI October 2013
Page 13
Prospect Pipeline – BIRA Excellent continuity and widths
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Historic drilling results (Anmercosa – an Anglo American subsidiary):
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14.5m @3.1g/t Au
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• 13m @2.5g/t Au
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21m @ 1.7g/t Au
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• 20m @ 1.4g/t Au
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Open to north and south and at depth
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New target to west
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PDI October 2013
Prospect Pipeline – BIRA Excellent continuity and widths
Historic drilling results
(Anmercosa – an Anglo American subsidiary):
-
14.5m @3.1g/t Au
-
• 13m @2.5g/t Au
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21m @ 1.7g/t Au
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20m @ 1.4g/t Au
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Good continuity
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Open to depth/along strike
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PDI October 2013
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Prospect Pipeline - Tambiri Prospect
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PDI October 2013
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Prospect Pipeline – Solna Prospect
Multiple high grade intercepts:
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6m at 20g/t Au
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5.6m at 16g/t Au
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• 7m @ 13g/t Au
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2m @ 56g/t Au
Some continuity issues – requires close spaced drilling
Excellent preliminary metallurgy (96% in primary ore)
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AMI Sydney June 2013
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Prospect Pipeline – Dave Moderate gold grades, large system
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PDI October 2013
Next Steps
-
Diamond drilling at Bongou commencing 1[st] November
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RAB program in Laterite Hill Gold Field along strike from Bongou, March Quarter 2014
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Cote D’Ivoire low key reconnaissance to start
Tight cost control – dollars focused on advancing Eastern Burkina Faso project
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Page 19
PDI October 2013
: Focused on high grade in 2012-13 field season
-
Excellent results from Bongou – best combination of grade, continuity, width and metallurgical results
-
High grades from other prospects, especially Solna and Tambiri
-
• Other prospects in PDI’s large prospect pipeline mainly on hold
-
New opportunities for PDI in Cote D’Ivoire:
-
Political situation now stabilised and ground now being granted
-
• PDI has 2 granted permits and 3 applications, totalling 1700km[2 ]
-
• Highly prospective ground with extensive historic workings
-
:
-
Work program based on $1.2M raising
-
Drilling Bongou for extensions (starts 1[st] November)
-
Low key Cote D’Ivoire reconnaissance (commenced)
-
• RAB drilling along strike from Bongou (March Quarter 2014)
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PDI October 2013
Predictive Discovery Limited West African Gold Explorer
Contact Details:
Level 2, 9 Colin St, West Perth, Western Australia 6005 Telephone: +61 402 857 249 Email: [email protected]
Website:
www.predictivediscovery.com
PDI October 2013
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