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PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2013
Feb 3, 2013
65537_rns_2013-02-03_64b23d40-e18b-48b5-8a40-9d5fcbf98063.pdf
Investor Presentation
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AFRICA MINING CONGRESS Livingstone, Zambia Jan 30-Feb 2 2013
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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Corporate Presentation 2012 Page 2
Scale, Pipeline, Plan for Success
Scale :
-
110km greenstone strike length
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Extensive bedrock gold anomalies
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• Large, active artisanal workings
Prospect Pipeline:
-
Multiple prospects with grade, width, continuity
-
Acquiring more ground, same area
Plan for Success:
- Drilling focused on width/grade/continuity
Better drill results include:
-
[email protected]/t Au (Bongou)
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[email protected]/t Au (Bongou)
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26m@5g/t Au (Dave)
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6m@20g/t Au (Solna)
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5m@17g/t Au (Tambiri)
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One Project focus
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AMC, Livingstone 2013 Page 3
ASX:PDI - a Technically-Oriented Company with a Strong Board and Institutional Support
| ~~Board Members~~ Board |
Members | |
|---|---|---|
| Mr. Phil Harman | Non-Executive Chairman | Board experience/Discovery track record |
| Mr. Paul Roberts | Managing Director | Discovery track record/Technology leadership |
| Dr. Tom Whiting | Non-Executive Director | Former VP Exploration – BHP Billiton Minerals |
| Dr. Bobby Danchin | Non-Executive Director | Director – Mineral Deposits Ltd |
| Mr. Phil Henty | Non-Executive Director | Extensive corporate and stockbroking experience |
Capital Structure
Shares on Issue (ASX:PDI) 234 Million Share Price (52 wk Range) A $0.05 - $0.22 Market Cap. (@0.06) A $ 14 million Cash Position at Dec 31 A $ 3 million
Enterprise Value A $ 11 million
Debt Nil
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Shareholders
Others
68%
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Acorn
8% Lowell Merchant
7% 5%
African
Lion
3%
Board and
management
9%
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Top 20 Shareholders (%) 44%
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AMC, Livingstone 2013 Page 4
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East Burkina
Faso Project
West Africa
Cote D’Ivoire
Focus New Project
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AMC, Livingstone 2013 Page 5
Burkina Faso Permits
- 100km of
greenstone strike in Samira Hill Belt (Samira Hill 2.5Moz) +10km in Bangaba Belt
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Large gold mineralised systems
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Highly active artisanal mining sites
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AMC, Livingstone 2013 Page 6
Eastern Burkina Faso Project
Laterite Hill – large new gold field
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Many other prospects
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Large areas still untested
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Ongoing strategic ground acquisitions
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AMC, Livingstone 2013 Page 7
Laterite Hill Gold Field, Bonsiega
Laterite Hill – New 20km long gold field
- Very large gold geochemical anomalies under thin cover
Large gaps in bedrock geochemistry coverage – upside potential (e.g. west of Dave)
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Dave
Madyabari permit
Sirba permit
Sirba River
Prospect 71 (flows in wet season)
Prospect 71 LEGEND
West Bedrock samples
Gold (parts per billion)
Laterite Hill-
Tamboana-Koundi
0 2,500m
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AMC, Livingstone 2013 Page 8
RC drilling - Dave Prospect, Laterite Hill
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AMC, Livingstone 2013 Page 9
RC drilling - Dave Prospect, Laterite Hill
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Large mineralised system - over 5km long
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Multiple gold intercepts on most sections
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Mostly oxide
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Bulk tonnage, moderate grade open pit target
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Potential for high grade zones
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AMC, Livingstone 2013 Page 10
New Prospects – Laterite Hill Goldfield
Bongou – mineralized granite in a very large fault. New target-type. Similar targets in 43km of strike Madyabari – flat veins, huge artisanal mine site.
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AMC, Livingstone 2013 Page 11
New Laterite Hill targets: Bongou microgranite mineralisation
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Silicified, quartz
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veined, pyritic mineralisation
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High grades on N contact - 20m at
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4.8g/t Au and 10m at 7.4g/t Au
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Lower grade but thick continuous mineralisation to S
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Intrusive shape undefined
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Evidence of granite and pyrite mineralisation to W
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AMC, Livingstone 2013 Page 12
High grade target: Madyabari Gold rush
Over 1,500 shafts and over 5,000 people on site. PDI has drilled only 4 reconnaissance holes into a flat vein system. Best intercept so far - 3m@8g/t Au
- Silicified, quartz veined, pyritic
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AMC, Livingstone 2013 Page 13
Bira Permit – new acquisition
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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Apparently good continuity
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Open to north and south
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AMC, Livingstone 2013 Page 14
Bira Permit – new acquisition
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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Apparently good continuity
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Open to depth
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AMC, Livingstone 2013 Page 15
Bangaba Permit – high grade prospects
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Gold mineralisation on granodiorite contacts
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High grade drill results
e.g.:
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6m @20g/t Au
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5m @17g/t Au
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5.6m @ 16g/t Au
At least 8km of bedrock gold anomalous targets
- Only 2km RC drill tested to date
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AMC, Livingstone 2013 Page 16
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Bangaba Permit - Tambiri high grade
Bangaba Permit - Tambiri high grade
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AMC, Livingstone 2013 Page 17
PDI: a very active explorer
Since IPO in Dec 2010:
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42,000m RC, 3,000m DD, 63,000m of power auger drilling
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RC and diamond drilling on 12 prospects
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Aeromagnetic surveys on all permits
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More than 700 km[2] of geological mapping
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AMC, Livingstone 2013 Page 18
Prospect pipeline Three criteria: Continuity, Width, Grade
Bongou – granite hosted, broad widths, high grade component, 43km of structure
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Bira – consistent 20m width over 500m, good continuity, moderate grade, open to N & S
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Dave – >5km long system, multiple lodes. Oxide, moderate grade
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Tambiri – good continuity, high grade subhorizontal shoot, potential for more in >3km structure
Madyabari – apparently good continuity, shallow, flat, high grade, open in all directions Solna – high grades, structurally complex, >2km of strike untested
- Many untested targets
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Solna
Tambiri
Bira
not yet
drilled
drilled
Bongou - with ore
grade
Madyabari
Dave
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AMC, Livingstone 2013 Page 19
East Burkina Faso: One Project
- Central mill concept
Flat terrain between prospects Existing all weather access to within a few km of major prospects
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AMC, Livingstone 2013 Page 20
Scale, Pipeline, Plan for Success
Scale :
-
110km greenstone strike length
-
Extensive bedrock gold anomalies
-
• Large, active artisanal workings
Prospect Pipeline:
-
Multiple prospects with grade, width, continuity
-
Acquiring more ground, same area
Plan for Success:
-
Drilling focused
-
One Project focus – trucking distance between prospects
2012-13 program:
• Carefully targeted on prospects that best meet three criteria:
-
grade, width, continuity
-
• Campaign style; next drilling program in March
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AMC, Livingstone 2013 Page 21
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
AMC, Livingstone 2013 Page 22