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PREDICTIVE DISCOVERY LIMITED Investor Presentation 2019

Jul 14, 2019

65537_rns_2019-07-14_0749dd66-d12b-481a-a4ca-3b47337b5f4c.pdf

Investor Presentation

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Unlocking West Africa’s Golden Triangle Proactive Investors | CEO Sessions

JULY 2019

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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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July 2019 Investor Presentation | 2

  • Breaking News Boundiali Gold Project New Gold Discovery

6,229 m (91-hole) RC drilling & 6,809m of trenching

Testing 3 broad zones of geochemical gold anomalies BN1, BN2, BN3 & infill drilling at Nyangboue

BOUNDIALI NORTH

  • 32m at 1.46g/t gold from 80m

  • 3m at 6.61g/t gold from 45m

  • 10m at 3.10g/t gold from 53m

BOUNDIALI SOUTH

  • 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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July 2019 Investor Presentation | 3

Boundiali North

BN2 Prospect Cross Section

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July 2019 Investor Presentation | 4

Boundiali South Project Nyangboue Gold Prospect – Infill RC Drilling

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July 2019 Investor Presentation | 5

Corporate Overview

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CAPITAL STRUCTURE
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$3.54mMarket Cap atA$0.012[$2.3m] Enterprise Value

~$1.2m 295m Cash as at June 19 Qtr Shares on Issue

BOARD OF DIRECTORS

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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July 2019 Investor Presentation | 6

Traditional Model vs.Project Generator Reducing risk & shareholder dilution

Multiple projects p ~~artnered with multiple~~ p ~~artners at any given time~~ In ~~creases the chance of~~ exploration success an d share price increase

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July 2019 Investor Presentation | 7

Traditional Model vs.Project Generator Partnering expertise and driving discovery

Projects
Few(1-2 Flagships)
Multiple(+5)
PROJECT GENERATOR
TRADITIONAL JUNIOR
SCENARIO
Projects
Few(1-2 Flagships)
Multiple(+5)
PROJECT GENERATOR
TRADITIONAL JUNIOR
SCENARIO
Projects
Few(1-2 Flagships)
Multiple(+5)
PROJECT GENERATOR
TRADITIONAL JUNIOR
SCENARIO
Discover Goal
Single
Multiple
Risk Profile
low chanceof producing
single
mine
high chanceof producing
one or more
mines
Team/Expertise
Joint MD/Geo role
Multiple expert teams
across numerous partner projects + numerous
internal exploration teams coordinated by MD
Primary Funding
Equity
Equity, Partners:
Exploration Expenditures, Cash, Shares, Royalties
Scenario
100%of
a single Discovery
30%of
Multiple Discoveries

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July 2019 Investor Presentation | 8

Africa’s Golden Triangle Guinea, Cote D’Ivoire, Burkina Faso

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July 2019 Investor Presentation | 9

Africa’s Golden Triangle

EXCITING GOLD[OF ] LAND 6,000km[2] 15 PROJECTS across West Africa’s across Guinea, Cote d’Ivoire Birimian Greenstone Belt and Burkina Faso

EXPERIENCED TECHNICAL TEAM EXPERIENCED TECHNICAL TEAM
PAUL ROBERTSBSc, MSc, FAIG
MANAGING 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).
BARRY MURPHYB.A, Hons, Ph.D
CHIEF GEOLOGIST

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.
AIME NGANAREMSc, MBA
PRINCIPAL GEOLOGIST
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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July 2019 Investor Presentation | 10

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

2019 TRENCHING RESULTS

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

Results 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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1ASX release dated 13/02/19

July 2019 Investor Presentation | 11

Ferkessedougou North Ouarigue South Discovery

2019 DIAMOND DRILLING RESULTS[1]

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

  • 9m at 10.31g/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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1ASX release dated 04/6/19

July 2019 Investor Presentation | 12

Ferkessedougou North

CROSS SECTION

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
  • 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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July 2019 Investor Presentation | 13

Burkina Faso

90km strike length of gold mineralised Samira Hill Belt

JV with Progress Minerals (within AOI) Progress earning 70% by spending US$5m Existing Bongou resource Promising initial drill results from Bira

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July 2019 Investor Presentation | 14

Burkina JV - Bira Prospect

20km zone of gold anomalies Best Results[1] on only 800m of strike drilled so far

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  • 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[1]

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1 ASX releases dated 20/3/18, 26/4/18, and 15/5/18

July 2019 Investor Presentation | 15

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


Mineral Resource Estimate

Mineral Resource Estimate

Mineral Resource Estimate
(Reported to ASX on 4th Sept 2014)
Total Resource: Indicated &
Cut off grade Inferred
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
Drill assay data
reported to ASXon
2/12/1316/12/13,
20/3/14, 1/4/14

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July 2019 Investor Presentation | 16

Guinea Projects

Five 100% owned Reconnaissance Authorisations

500km[2] covering highly-prospective Siguiri Basin within the Birimian gold belt

Widespread artisanal workings

Siguiri basin includes Anglogold Siguiri Mine (+10Moz Au)

2019 EXPLORATON PROGRAM

  • Low-cost field work

  • Geochemistry, geophysics and soil sampling

  • Expected RC drilling program Q1 2020

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July 2019 Investor Presentation | 17

Kankan Project 7km-long gold-in-soilanomaly

ENCOURAGING RESULTS

2 x Soil sampling programs completed

Several +100 ppb gold anomalies[1] Peak value 570ppb gold[2] 2019 FIELD PROGRAM Low-cost field work Geochemistry, geophysics and geology Expected RC drilling program Q1 2020

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1ASX release dated 24/06/19

July 2019 Investor Presentation | 18

2ASX release dated 09/04/19

Guinea Projects Kankan

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July 2019 Investor Presentation | 19

Guinea Projects Boroto

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July 2019 Investor Presentation | 20

Kaninko Project New Acquisition (100% PDI)

Located 10km from the Cassidy Gold Kouroussa gold deposit

Contains a significant artisanal mine site 2019 FIELD PROGRAM

Preliminary geochemical sampling and geological mapping underway

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July 2019 Investor Presentation | 21

Driving Newsflow 2019 Field Season Work Program

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July 2019 Investor Presentation | 22

  • GeneratingOpportunity Leveraging partnerships to explore West Africa

Investment exposure to world class gold opportunities Potential plus million-ounce projects in prolific Birimian terrane with limited downside risk

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

Multiple partner-funded drill programs Drilling at Boundiali and Ferkessedougou North

100% owned Guinea portfolio Early-stage, low-cost exploration underway with encouraging results from Kankan and Nonta

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July 2019 Investor Presentation | 23

predictivediscovery.com Level 2, 33 Ord St, WestPerth, Western Australia 6005 Phone| +61 8 92161020 Mob. | +61 402 857249 Email | [email protected]

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