PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2019

Oct 29, 2019

Discovering Gold Across West Africa’s Prolific Birimian Greenstone Belt

IMARC CONFERENCE - MELBOURNE INVESTOR PRESENTATION OCTOBER 2019

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.

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Unlocking West Africa’s Golden Triangle

15 EXCITING GOLD PROJECTS

across West Africa’s Birimian Greenstone Belt 6,000km[2] OF LAND

across Guinea, Cote d’Ivoire and Burkina Faso

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1ASX release dated 04/6/19

2ASX release dated 24/06/19 3ASX release dated 27/05/17

Ferkessedougou North 45m at 3.2g/t gold & 40m at 3.5g/t gold[1]

Kankan 7km-long gold-soil anomaly with peak value of 570ppb gold[2]

Boundiali 30m at 8.3g/t gold & 28m at 4.04g/t gold[3] Kaninko Channel sampling – including 4.6g/t gold[4]

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4ASX release dated 08/10/19

Portfolio Mix

100% Owned

Guinea Growing the gold portfolio across the prolific yet under explored Siguri Basin § +500km[2 ] landholdings § 4 Projects

• § Exciting early results

• § Drilling planned Q1 2020

• § New applications underway

Joint Ventures

Cote D’Ivoire - Resolute

• § Ouarigue South deposit – Ferkessedougou North

• § Nyangboue deposit & Boundiali North discoveries - Boundiali

• § AUD$2-3M expected exploration in 2019-20

• § ~25% equity

Burkina Faso - Montage

• § Two promising gold deposits Bongou and Bira

• § Mineral Resource Estimate on Bongou of 184,000oz gold (Inferred/Indicated) with an average grade of 2.6g/t gold, including 136,000oz at 3.8g/t Au[1]

• § 49% equity

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1 ASX releases dated 04/09/14

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A ‘Golden Age’ of

Australia-African relations

• § 170 Australian-listed companies with African interests[1]

• § 400 projects

• § 35 African Counties

• § US$40B of potential value

• § Africa rising and the sheer number of ASX-listed companies with African interests ensures a JURISDICTIONAL DISCOUNT NO LONGER APPLIES

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1Out of Africa: The new frontier of Australian Mining (July 2019), Crikey INQ

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Corporate Overview

CAPITAL STRUCTURE

BOARD OF DIRECTORS

$3.7m $3.1m MARKET CAP AT ENTERPRISE A$0.01 VALUE

~$0.8m 368m CASH AS AT SHARES ON SEPT 19 QTR ISSUE

PAUL ROBERTS BSc, MSc, FAIG MANAGING DIRECTOR

PHILLIP JACKSON B. Juris (LLB), MBA, FAICD NON-EXECUTIVE CHAIRMAN

DAVID KELLY BSc NON-EXECUTIVE DIRECTOR

Paul is a geologist with 11 years experience working in West Africa and is associated with a number of discoveries including the Henty gold deposit in Tasmania, and more recently gold discoveries made by PDI (Bongou, Nyangboue).

Phillip has had a long career in the petroleum and mining industries along with extensive experience as a public company director, particularly in the resources sector. David is General Manager of Corporate Strategy at Resolute Mining, 30 years of experience in executive roles in the resource and investment banking sectors.

6 MONTH SHARE PRICE PERFORMANCE

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An Accomplished and Active Exploration Team

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PAUL ROBERTS
BSc, MSc, FAIG
MANAGING DIRECTOR
by PDI (Bongou, Nyangboue).
BARRY MURPHY
B.A, Hons, Ph.D
CHIEF GEOLOGIST
AIME NGANARE
Aimé
MSc, MBA
PRINCIPAL GEOLOGIST
Managing Director Paul Roberts and Principal in-country geologist Aime Nganare on-site at artisanal workings on the Kaninko Property, Guinea.
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Paul is a geologist with 11 years experience working in West Africa and is associated with a number of discoveries including the Henty gold deposit in Tasmania, and more recently gold discoveries made by PDI (Bongou, Nyangboue).

Barry is a structural geologist with 10+ years experience working in West Africa with significant base and precious-metal exploration experience in Australia, Sudan, DRC, South America, Indonesia and Europe. Barry played a significant role in the discovery of Bongou. Aimé has over 18 years of experience in orogenic gold exploration in Central and West Africa, including his role as General Manager of the Geological Survey of the Central African Republic.

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Guinea

4 X 100%-owned Projects

500km[2] covering prolific yet underexplored Siguiri Basin

Widespread artisanal workings Siguiri basin includes Anglogold Siguiri Mine (+10Moz Au)

2019 EXPLORATION PROGRAM Geochemistry, geophysics and soil sampling underway RC drilling expected Q1 2020

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Guinea

Kaninko

Located ~10km from the Cassidy Gold Kouroussa gold deposit Significant artisanal mine site provides potential walk-up drill target DECEMBER QUARTER FIELD PROGRAM Encouraging sampling results from Bankan artisanal mine site Soil geochemistry and mapping over 20km[2] underway

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Bankan Creek Prospect with significant artisanal workings
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Kaninko

Promising initial artisanal mine sample results

Widespread gold up to 4.6g/t gold, with broad widths exceeding 0.5g/t gold[1] No previous exploration FIELD PROGRAM

Geochemistry and geology followed by drilling in Q1 2010

Strong potential to discover more mineralisation under thin cover and along strike from known gold zones

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1 ASX releases dated 17/09/19

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Kankan

7km-long gold-in-soil-anomaly

2 x soil sampling programs completed Several +100 ppb gold anomalies Peak value 570ppb gold[1] FIELD PROGRAM Geochemistry, geophysics and geology Expected RC drilling program Q1 2020

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1 ASX releases dated 24/06/19

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Cote D’Ivoire Joint Venture with Resolute Mining (ASX:RSG)

High-profile, well funded JV partner

AUD$2-3M expected on drill-focused exploration at Boundiali and Ferkessedougou North Two exciting greenfields discoveries in Cote D’Ivoire Exploration to begin November 2019

Ferkessedougou North 45m at 3.2g/t gold & 40m at 3.5g/t gold[1] Boundiali 30m at 8.3g/t gold & 28m at 4.04g/t gold[2]

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1 ASX releases dated 04/06/19

2 ASX releases dated 27/05/17

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Ferkessedougou North 17km-long gold-in-soil trend

2019 TRENCHING RESULTS

• Discovery of a significant elliptical shaped gold mineralised granitic intrusive body

Trench result included[1]

• 34m at 5.29g/t gold including 2m at 75.70g/t gold

• 92m at 1.76g/t gold including 2m at 20.60g/t gold

• 2m at 8.04g/t gold

• 38m at 1.27g/t gold including 2m at 7.03g/t gold

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1 ASX releases dated 13/02/19

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Ferkessedougou North Resolute JV

2019 DIAMOND DRILLING RESULTS[1]

• 45.3m at 3.16g/t gold from 45.9m including 9m at 10.31g/t gold

• 40m at 3.55g/t gold from 51.5m including 4.5m at 11.00g/t gold

• 10.9m at 1.94g/t gold from 95.7m, and 4.7m at 6.14g/t gold from 134m

• 45.0m at 1.52g/t gold from 42.1m

• 16.5m at 2.43g/t gold from 24m including 4.5m at 5.50g/t gold

• 15m at 2.06g/t gold from surface

• 10.5m at 1.71g/t gold from 34.5m

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1 ASX releases dated 04/06/19

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Ferkessedougou North

Resolute JV

RESULTS EXCEEDED EXPECTATIONS

• Thick gold intercepts and high-grade intervals

• Mineralised body up to 100m wide and at least 210m long, open to the south and at depth[1]

17KM OF GOLD-IN-SOIL POTENTIAL

• Excellent potential to find more mineralised bodies like Ouarigue South

• Project largely untested by drilling

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1 ASX releases dated 04/06/19

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Boundiali

Resolute JV

11,427m RC drilling completed, testing 3 broad zones of geochemical gold anomalies BN1, BN2, BN3 & infill drilling at Nyangboue

BOUNDIALI NORTH[1]

• 32m at 1.46g/t gold from 80m

• 3m at 6.61g/t gold from 45m

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• 10m at 3.10g/t gold from 53m

BOUNDIALI SOUTH[2]

• 2m at 16.12g/t gold from 18m

• 4m at 4.65g/t gold from 0m

• 10m at 1.5g/t gold from 49m

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1,2 ASX releases dated 15/07/19

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Boundiali South

Resolute JV Nyangboue Gold Prospect – Infill RC Drilling[1]

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1 ASX releases dated 27/05/19

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Boundiali South

Resolute JV Nyangboue Gold Prospect – Infill RC Drilling[1]

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1 ASX releases dated 22/08/19

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Boundiali North

Resolute JV Nyangboue Gold Prospect – Infill RC Drilling[1]

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1 ASX releases dated 15/07/19

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Burkina Faso

Montage JV

JV initially with Progress Minerals Montage Gold Corp (previously Progress) holds 51%

Existing Bongou resource Promising initial drill results from Bira

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Burkina Faso

Bongou Gold Discovery Montage JV

Mineral Resource Estimate (Reported to ASX on 4th Sept 2014)

Total Resource: Indicated & Inferred	Total Resource: Indicated & Inferred	Total Resource: Indicated & Inferred	Total Resource: 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

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Burkina Faso

Burkina Montage JV – Bira Prospect

20km zone of gold anomalies

Best Resultson only 800m of strike drilled so far[1]

• 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, open to depth/along strike

Excellent indicative metallurgy

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1 ASX releases dated 20/03/18, 26/04/18, and 15/05/18

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Driving Newsflow 2019-20 Field Season Work Program

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Getting it right, a balanced portfolio of 100%-owned/JV gold potential

The blue-sky potential of our 100% owned Guinea portfolio Early-stage, low-cost exploration underway with encouraging results from Kankan, Kaninko and Nonta

Expansive holdings in West Africa’s golden triangle 6,000km[2] across 15 projects in Cote D’Ivoire, Guinea and Burkina Faso

Outsized influence One of West Africa’s most respected exploration teams with four new gold discoveries in the past 5 years

Investment exposure to multiple world -class gold opportunities Potential plus million-ounce projects on more than 4 projects

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Notes

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predictivediscovery.com Level 2, 33 Ord St, WestPerth, Western Australia 6005 Phone| +61 8 92161020 Mob. | +61 402 857249 Email | paul.roberts@predictivediscovery.com

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