PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2016

Sep 6, 2016

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Country Scale Target Generation for New Gold Discoveries in West Africa

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 report that relates to Exploration Results and the near-Bongou Exploration Target is based on information compiled by Mr Paul Roberts who is a Fellow of the Australian Institute of Geoscientists. Mr Paul Roberts is a full time employee of the company and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined by the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Roberts consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The Mineral Resource estimation and classification of Mineral Resources for the Bongou deposit is based on, and fairly represents, information and supporting documentation compiled by Mr Richard Gaze. Mr Gaze is a full-time employee of Golder Associates Pty Ltd and a Member and Chartered Professional of the Australasian Institute of Mining and Metallurgy. Mr Gaze has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (2012 Edition). Mr Gaze consents to the inclusion of the estimates, classification and the supporting information in the form and context in which it appears.

Predictive – New Gold Discoveries in W Africa Page 2

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ASX:PDI
- Corporate Summary
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Board Members

Mr. Phillip Jackson Non-Executive Chairman Extensive board experience, resources petroleum/minerals) corporate lawyer. Chairman of Aurora (largest shareholder) Mr. Paul Roberts Managing Director Discovery track record, global exploration experience Mr. David Kelly Non-Executive Director Extensive geological, business development and investment banking experience

Capital Structure

Shareholders

Shares on Issue (ASX:PDI) 1.37 Billion Share Price A$0.010 Market Cap. (@0.01 ) A$ 13.7 million Current Cash Position A$ 0.9 million Enterprise Value A$ 12.8 million Debt Nil Top 20 Shareholders (%) 73%

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39%
42%
6%
13%
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Aurora Lowell Phillip Henty Others

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Predictive’s strategy
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• West Africa focus

• Country-scale analysis to identify highly prospective strategic ground positions

• Discoveries new gold deposits e.g. Bongou (Burkina), Boundiali (Cote D’Ivoire)

• Attract JV partners with substantial mine development experience and share costs when appropriate and co-fund

• Maximize news flow on multiple projects

• Modified Prospect Generator business model

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Toro Gold and PDI
geologists visiting
Boundiali, October
2014
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PDI’S CONSISTENT FOCUS: WEST AFRICA
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Bongou
District
Ferkessedougou S
Bobosso
Boundiali
Kokoumbo
Agbaou
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 Five projects, each with demonstrated potential for major gold discoveries

• Burkina Faso and Cote D’Ivoire:

• Strong democracies

• Supportive mining policies and law

• 50% of the

  • Birimian

greenstones

• Highly prospective for new gold discoveries

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Burkina Faso – Major ground position selected from
mapping deep structure in country-scale aeromagnetics
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Bongou

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Bongou Gold Discovery
Mineral Resource Estimate (Reported to ASX on 4 [th] Sept 2014)
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	Indicated Resources			Inferred Resources			Total Resources
Cut-off	Million	Au		Million	Au		Million Au
grade	tonnes	(g/t)	Ounces	tonnes	(g/t)	Ounces	tonnes (g/t) Ounces
0.4	1.21	2.54	99,000	1.33	2.13	91,000	2.55 2.32 190,000
0.8	1.14	2.67	98,000	1.09	2.48	86,000	2.22 2.58 184,000
2.0	0.64	3.64	75,000	0.49	3.90	61,000	1.13 3.75 136,000
3.0	0.34	4.68	52,000	0.28	4.95	45,000	0.62 4.80 96,000
							Drill assay data
							reported to ASX on
							2/12/1316/12/13,
							20/3/14, 1/4/14
Note: These metallurgical results			were reported to the ASX		on 14 May 2013. This

Note: These metallurgical results were reported to the ASX on 14 May 2013. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the

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Bongou - Nearby Gold Potential
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• Over 90 selected targets

• Exploration Target calculation (excluding Bongou, within 10km of Bongou – ASX release 3/9/15):

• On: Dave Prospect, Target 92, Laterite Hill Prospect 71, near Bongou targets.

• 9.4-10.4Mt

• 1.5-1.7g/t Au

• 460,000 – 560,000oz Au

The potential quantity (tonnage) and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate Mineral Resources and it is uncertain if further exploration will result in the estimation of Mineral Resources.

• Potential for heap leach - sighter metallurgical testwork on Dave RC chips gave 89% Au recovery

• Additional potential within 80km: Bira, Tambiri, Solna

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Land tenure notes: 5 permits covering 665 km[2 ] . PDI owns 100% of 620 km[2] , and is earning 100% on one peripheral 45 km[2] permit without RC or DD drilling. Permits for all key prospects are renewed to mid-2017.

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Bongou - Nearby Gold Potential
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• Over 90 selected targets

• Exploration Target calculation (excluding Bongou, within 10km of Bongou):

• On: Dave Prospect, Target 92, Laterite Hill Prospect 71, near Bongou targets.

• 9.4-10.4Mt

• 1.5-1.7g/t Au

• 460,000 – 560,000oz Au

The potential quantity (tonnage) and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate Mineral Resources and it is uncertain if further exploration will result in the estimation of Mineral Resources.

• Potential for heap leach - sighter metallurgical testwork on Dave RC chips gave 89% Au recovery

• Additional potential within 80km: Bira, Tambiri, Solna

EXPLORATION TARGET DATA AND PARAMETERS Data: Gold intercepts from 291 reverse circulation holes, 4 air core holes and 5 diamond drill holes were used in the calculation. The holes were mostly drilled on lines spaced from 50m to 100m apart, with spacing along the lines ranging from 10m to 50m.

Parameters:0.5 g/t gold cut-off grade; minimum downhole intercept width of 2m and a minimum grade times width intercept of 2g*m; minimum internal waste of 3m except for a few holes where it was clear that the holes had drilled almost down-dip and where the inclusion of larger down-hole intervals of internal waste made geological sense; maximum of 100m strike extent from drill holes (where the continuity of the mineralisation is supported by mapping and/or the location of artisanal workings and/or anomalous auger results);maximum of 70m vertical extent below surface; Dry bulk density estimates as follows: laterite - 2.2, saprolite - 1.8, weathered rock between base of saprock and base of complete oxidation (BOCO) - 2.3, fresh mafic volcanics - 2.8, fresh felsic to intermediate rocks including granite and granodiorite - 2.7.

The calculation was carried out using a cross sectional method with volumes projected half way to the next hole (on the section) or half way to the next section to a maximum distance of 100m (along strike).

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Cote D’Ivoire Permits
Mostly selected from country scale data analysis
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 Toro Gold JV

• Original 4 granted permits (brown) plus new ground - deal with local group, GIV (blue). 3,133km[2] in area.

• Toro Gold Limited – successful private UK co., discovered Mako gold deposit, Senegal

• PD current equity 49%.Toro spending USD2.5 million to gain 14% more

• Active program producing excellent drill results

• Bobosso (XMI) JV (red permits)

• Very large gold mineralised system - 7km[2] soil anomaly averaging 0.4g/t Au, past drilling includes 5m@21g/t Au, 32m @ 1.9g/t Au

• Known system drilled in wrong direction – needs drilling

• Major opportunity to make new discoveries in 1200km[2] ground package

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Cote D’Ivoire Permits
Toro Gold JV – Boundiali permit
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• New discovery - 5.6km gold in soil anomaly

• High grade (90g/t Au = 3oz/t) isolated rock chip sample on southern extension of same trend

• Target discovered by PDI stream sediment sampling in 2014

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Cote D’Ivoire Permits
Toro Gold JV – Boundiali permit
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Drill results reported to ASX 23/6/16 and 8/8/16

 This section 320m from nearest cross-section in both directions Colonial mine water supply  Panned visible gold

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Cote D’Ivoire Permits
Toro Gold JV – Kokoumbo permit
Gold soil
geochemistry image
Colonial mine water
supply
Artisanal workings
Kokoumbo Hill
Soil results reported
to ASX 20/10/15
Chip-channel results
reported to ASX
10/11/15
Drill results reported Artisanal workings
to ASX 13/5/16 Kokoumbo Hill
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Cote D’Ivoire Permits
Toro Gold JV – Ferkessedougou permit
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Alluvial gold in
panning dish
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• Almost no historic exploration but with active alluvial gold workings (e.g. image)

• Infill soil sampling by Toro JV has identified 4km long gold anomaly

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Cote D’Ivoire
XMI Agreement - Bobosso Project [1 ]
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 7 km[2] gold soil anomaly, averaging 0.4g/t Au , peaking at 40g/t Au[1]

• Substantial historical drilling program with numerous shallow gold intercepts[1] e.g.

• 5m @ 21g/t Au from 48m

• 32m @ 1.9g/t Au from 12m

• 7m @ 9.5g/t Au from 26m

• Many strong gold anomalies not yet drilled

 Agreement to fund and/or arrange project level funding – currently earning approx. 35% with limited spending

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Drill hole –
low grade
Drill hole – at
least one 2gxm
intercept
Drill
section
Large areas of
soil anomaly
untested 7km [2 ] gold-in-soil
geochemical
anomaly
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1 ASX release dated 28/10/15

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Cote D’Ivoire
Bobosso Project – Near surface mineralisation
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Gold mineralisation below colluvial gold zone – primary alteration with apparent flat dip

Historical drill results released to the ASX on 28/10/15

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Cote D’Ivoire
New potential gold-bearing structures in magnetics
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• 7 km[2] gold soil anomaly, averaging 0.4g/t Au , peaking at 40g/t Au[1]

• Substantial historical drilling program with numerous shallow gold intercepts[1] e.g.

• 5m @ 21g/t Au from 48m

• 32m @ 1.9g/t Au from 12m

• 7m @ 9.5g/t Au from 26m

• Many strong gold anomalies not yet drilled

• Agreement to fund and/or arrange project level funding – currently earning approx. 35% with limited spending

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1 ASX release dated 28/10/15

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News Flow
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Item Se t-Dec Qtrs 2016 p

Bongou area, Burkina JV with company with mine development capabilities to fast track advance to feasibility/development Boundiali, Cote D’Ivoire (Toro) More assays to come, re-log of all RC holes, ground geophysics, diamond drilling

Kokoumbo, Cote D’Ivoire Aeromagnetic survey and structural analysis to Toro determine next drill ro ram ( ) p g

Ferkessedougou (Toro) Follow-up geochemical anomaly with drilling - timing de endent on drill results elsewhere p

Bobosso, Cote D’Ivoire (XMI) Diamond drilling program on Bobosso prospect, re ional scale eochemistr g g y

~~Toro Gold and PDI~~ New West African projects Acquire greenfields targets and commence geologists visiting exploration using regional targeting criteria – focus in Boundiali, October Burkina Faso and Cote D’Ivoire

~~2014~~

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Predictive Discovery Limited West African Gold Explorer

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Contact Details:

Level 2, 33 Ord St, West Perth, Western Australia 6005

Telephone: +61 8 9216 1020 (direct) +61 402 857 249 (mobile)

Email: paul.roberts@predictivediscovery.com

Website:

www.predictivediscovery.com

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