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PREDICTIVE DISCOVERY LIMITED Investor Presentation 2018

Jul 16, 2018

65537_rns_2018-07-16_5cc43c6c-281f-43a8-b168-b763fb126c7c.pdf

Investor Presentation

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Exploration | Partnership | Growth Unlocking West Africa's Golden Triangle July 2018

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.

Africa's Golden Triangle Mali, Cote D'Ivore, Burkina Faso

EXCITING 2 PROJECTS

in West Africa's most prolific gold region

7,588km2 CAND

across Cote D'Ivoire, Mali and Burkina Faso

35% owned JV with Toro Gold in Cote D'Ivoire

Projects with free carry:

  • A\$7 Million Progress, Burkina Faso
  • free carry to production Progress, Bobosso, Cote D'ivoire

Numerous prospects - large potential returns to investors

Highly focused team > 10 years experience in West African gold

6 new gold prospects in 2018

Exploration
Partnership
Growth

Growth

Growing shareholder value through partnerships, asset sales, spin outs and royalty streams

Exploration

Acquire projects through early-stage exploration

The Prospect Generator Model

Partnership

Partners to fund exploration and project development

Increasing Exposure, Mitigating Risk A Proven Model for Value Creation

Multiple projects partnered with multiple partners at any given time

Increases the chance of exploration success and share price increase

Traditional Model vs. Prospect Generator Partnering expertise and driving discovery

SCENARIO TRADITIONAL JUNIOR PP
Projects Few (1-2 Flagships)
Discovery Goal Single
Risk Profile low chance of producing single mine high chanc
Team/Expertise Joint MD/Geo role M
across nume
internal expl
Primary Funding Equity Exploration E
Scenario 100% of a
single Discovery
30% of
Multiple Discoveries

ROSPECT GENERATOR

Multiple (+5)

Multiple

e of producing one or more mines

ultiple expert teams rous partner projects + numerous oration teams coordinated by MD

Equity, Partners: xpenditures, Cash, Shares, Royalties

The case for Predictive Discovery

ASX:PDI

Limited Downside Unlimited Upside Predictive Discovery focussed expertise to identify new

target projects

Predictive funded project due diligence Predictive/Partner funded exploration to define

opportunity

Partner funded drilling/feasibility

Predictive Discovery already realising shareholder value with Bobosso MOU for upfront payment and production bonus

Driving newsflow Concurrent Funded Programs

Progress JV Power Auger 20,000m RC Drilling
Burkina Faso Project Across Bira, Kalinga, Tantiabongou permits, leading to eventual resources
Geochemistry and drilling elsewhere in Burkina package.
Ferkessedougou North &
South Project
PDI RC Results
Partly released
Boundiali Project
Cote D'Ivoire
Toro JV Soil Geochemistry
on new Boundiali North Permit
RC/DD
Kokoumbo-Beriaboukro
Project
Cote D'Ivoire
Toro JV IP Survey RC/DD
Bobosso Project
Cote D'Ivoire
Progress - WAVI
JV
IP Survey
inc Dabakala permit (to North)
RC Dr
Mali Authorisations PDI Ongoing Geochemistry/geology on authorisations
New West African Projects PDI 6 gold-focused permit applications in Cote D'Ivoire & n

Burkina Faso JV Major ground position, advanced project

90km of strike of gold mineralised Samira Hill Belt

JV with Progress Minerals (within AOI)

Progress earning 70% by spending US\$5m

Bongou resource, Bira current drilling focus, additional prospects

Burkina JV-Bongou Gold Discovery Mineral Resource Estimate

(Reported to ASX on 4th Sept 2014)

Total Resources Indicated & Inferred
Cut off grade Million tonnes Au (g/t) Ounces
0.40 2.55 2.32 190,000
0.80 2.22 2.58 184,000
2.00 1.13 3.75 136,000
3.00 0.62 4.80 96,000

West

East

Burkina JV - Bongou Nearby Gold Potential Dave Prospect

Drill results reported in Quarterly Reports to ASX of Sept. 2011, Mar.2012, June 2012, Sept. 2012. 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 information has not materially changed since it was last reported ASX releases

Bongou Nearby Gold Potential

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*

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

Additional potential within 80km: Bira, Tambiri, Solna

*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. ASX release 3/9/15.

Burkina JV - Bira Prospect Recent drilling

800m zone

27m at 1.8g/t Au from 23m 33m at 1.4g/t Au from 51m 17m at 1.7 g/t Au from 2m 22m at 1.5g/t Au from 115m 21m at 1.4g/t Au from 72m 14m at 1.8g/t Au from 45m 14m at 1.4g/t Au from 98m 29m at 1.0g/t Au from 79m Excellent continuity and

indicative metallurgy

Open to depth/along strike

Bira Prospect >20km zone of gold anomalies to SW

20km of gold anomalies so far

6 new prospects to drill

Space for >>1 million ounces

Only part of the ground package and potential resources

Cote D'Ivoire Permits 6,000 km2 of permits & applications

Toro Gold JV (brown):

Successful explorer, developing Mako Gold Mine in Senegal Toro:PDI 65%:35% PDI contributing

Excellent results from 4 projects incl. Nyangboue gold discovery

Bobosso JV (red):

Progress Minerals: Canadian private, Strong mine development expertise Very large gold mineralised system Encouraging drilling results

Applications awaiting grant - Sika Resources Options & Ivoirian Resources (100% PDI) - (magenta & green)

Permit areas selected using PDI Predictore™ target selection system

Toro Gold JV Boundiali permit - Nyangboue Prospect

  • 1.2km long gold mineralised system
  • 4km of untested soil anomaly to north
  • Best intercepts (near surface)
  • 20m @ 10.5g/t Au,
  • 30m @ 8.3g/t Au,
  • 28m @ 4.0g/t Au

Drill results reported to ASX on 23/6/16, 25/7/16, 8/8/16, 12/9/16, 13/10/16, 17/5/17 and 29/5/17.

Toro Gold JV, Boundiali North, Cote D'Ivoire

060,000 mN

16km more strike added recently

Toro Gold JV

Ferkessedougou North New Discovery

17km long gold-in-soil trend

Gold mineralisation along NNE trending granitic dykes

5,000m reconnaissance drilling program yields highly encouraging results:

  • 13m at 5.35g/t Au (stopped in mineralization)
  • 2m at 5.44g/t Au
  • 14m at 1.20g/t Au
  • 9m at 1.47g/t Au
  • Broad zones with multiple intercepts

Very early days - many untested anomalies and granitic dykes

Toro Gold JV Ferkessedougou North New Discovery

Drill results reported to ASX on 29/5/16 and 26/6/16.

Toro Gold JV Kokoumbo permit

50 years of colonial mining, 200 years of artisanal mining

Close to Bonikro, Agbaou Mines

Many soil gold anomalies, peaking at 5.6g/t Au

High grade rock chip samples, up to 98g/t Au

Diamond drilling includes 7.5m at 16g/t Au from surface

New drill targets from geochemistry & geophysics

Progress - WAVI JV Cote D'Ivoire Bobosso Project

Progress will buy PDI's 30% equity for C\$0.5m upfront plus reserve ounce payments on production for up to 3 mines

Very large gold anomaly

Positive RC intercepts (including:

11m at 4.9g/t Au from 5m 28m at 2.18g/t Au from 5m 18m at 2.05 g/t Au from 9m 19m at 1.28g/t Au from 73m 19m at 2.13g/t Au from 3m 21m at 1.59g/t Au from 61m

Interesting project requiring large investment to complete evaluation

Gridded gold-in-soil geochemical image and drill locations (red peaks = high values)

Mali - Au-Li prospectivity, work underway 250 km2 so far, in $12°30'$ discussions with local permit owners

Generating Opportunity Leveraging partnerships to explore West Africa

Investment exposure to world class gold opportunities

Prospect Generator potential million ounce prospects across numerous projects, with limited downside risk

golden triangle

Multiple partner funded drill programs

Results from Boundiali, Ferkessedougou, Bobosso and Bongou/Bira - multiple opportunities to host large gold systems Leveraging partner expertise to pursue growth Partner teams expanding the growth opportunities across projects

Expansive holdings in West Africa's

7588km2 across multiple projects in Cote D'Ivoire, Mali and Burkina Faso

predictive
discovery

predictivediscovery.com

Level 2, 33 Ord St, WestPerth, Western Australia 6005

T | +61 8 92161020 M | +61 402 857249

E | [email protected]

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

Shares on Issue (ASX:PDI) 236 million
Share Price A\$0.022
Market Cap. (@0.022) A\$5.2 million
Cash Position 31/03/18 A\$2.7 million
Enterprise Value A\$2.5 million
Debt Nil
Top 20 Shareholders (%) 62%

Major Shareholders

Appendices - Bira Drill Cross Sections

Appendices - Boundiali Geology and Magnetics

predictive

discovery

Appendices - Ferkessedougou N Drill Plans