PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2020

Sep 14, 2020

DRILLING THE BANKAN DISCOVERY CORPORATE PRESENTATION SEPTEMBER 2020 | ASX:PDI

Forward looking statements and 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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September 2020 Investor Presentation | 2

A high-quality gold portfolio with 100%-owned projects and joint venture agreement with Resolute Mining

Predictive has spent 10 years building a large landholding across West Africa

• 26 permits, permit applications and authorisations totalling 6,000km[2 ] across Guinea, Cote D’Ivoire, Burkina Faso

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• During this time, the Company has made several significant gold discoveries… ► Bongou Gold Deposit: 184,000oz at 2.6g/t gold ► Nyangboue: 30m at 8.3g/t gold & 28m at 4.04g/t gold ► Ouarigue South: 45.3m at 3.16g/t gold from 45.9m incl. 9m at 10.31g/t gold

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• …in early 2019 the Company began work in Guinea’s Siguiri Basin…

• Early exploration across four permits included rock/soil geochemistry, BLEG stream sediment sampling, power auger drilling and trenching

• ► The Company narrowed its focus to the Kaninko Gold Project which showed the most promise

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…the first drilling program at Kaninko was a success…

• 46m (to EOH) at 6.58g/t gold incl. 10m at 26.52g/t gold

• ► 42m (to EOH) at 2.92g/t gold from 8m

4 ► 42m (to EOH) at 2.92g/t gold from 8m ► 50m (to EOH) at 1.53 g/t gold from surface incl. 20m at 2.51 g/t gold from 30m …confirming a new gold discovery at the NE Bankan prospect.

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• 1ASX Announcement – 15 April 2020

• 2ASX Announcement – 7 April 2020

• 3ASX Announcement – 4 June 2019

September 2020 Investor Presentation | 3

Corporate Overview

CAPITAL STRUCTURE

824m $8.6m SHARES ON ISSUE Cash (30/6/20)

$58mMKT CAP at A$0.07[$49m] ENTERPRISE VALUE

86m OPTIONS Exc. at $0.018

TOP 2 HOLDERS

CAPITAL DI - 11% LOWELL RESOURCES - 5%

Board and Management

Respected exploration focused team…

..supported by a disciplined commercial Board

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PAUL ROBERTS BSc, MSc, FAIG Managing Director

PHILLIP JACKSON

B. Juris LLB, MBA, FAICD Non-executive Chairman

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 the PDI Kaninko discovery.

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.

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STEVEN MICHAEL

BARRY MURPHY

B.A, Hons, Ph.D Chief Geologist

B.Com, CA, MAICD Non-executive Director

Barry is a structural geologist with 10+ years experience working in West Africa with experience in Australia, Sudan, DRC, South America, Indonesia and Europe. Barry played a major role in the the regional targeting work that led to the Kaninko discovery.

Steven has over 25 years’ experience in the global resources sector specialising in corporate finance and equity capital markets.

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AIME NGANARE

MSc, 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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September 2020 Investor Presentation | 4

Wednesday 2[nd] September

GUINEA PORTFOLIO

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September 2020 Investor Presentation | 5

Executing a strategy to substantially grow the auger footprint at NE Bankan

MAR	MAR	MAR	•	81-holeshallow power auger drilling was completed(1,550m)1
2020			•	Power Auger footprintlength 500m
MAY			•	189-holeshallow power auger drilling
- JUN				completed in 2 programs(3,723m)2
2020			•	Power Auger footprintlength 1.3km
SEP			•	324-hole shallow power auger drilling completed(6,934m)3
2020			•	Power Auger footprintlength 1.6km
				1ASX Announcement – 26 February 2020
				2ASX Announcement – 27 May & 30 June 2020
				3ASX Announcement – 3 September 2020

September 2020 Investor Presentation | 6

Bankan Project NE Bankan Prospect 2020 Drilling Program Plan View

The company has completed the following drill programs through 2020:

► 17,000m of auger drill

► 2,200m of AC drilling

► 5,500m of RC drilling

► 3,700m of DD drilling

The Company is maintaining a highly active multi-rig campaign, targeting its maiden JORC Resource for mid-2021

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1ASX Announcement – 10 September 2020

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Bankan Project NE Bankan Prospect

INITIAL DISCOVERY HOLES

• Drilling was designed to test width of

• mineralised footprint and understand

geology

• Angled AC and auger program

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1ASX Announcement – 15 April 2020

September 2020 Investor Presentation | 8

Bankan Project NE Bankan Prospect

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1ASX Announcement – 10 September 2020

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Bankan Project NE Bankan Prospect

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1ASX Announcement – 7 August 2020

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Prospect Proximity

NE Bankan & Bankan Creek <3km

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1ASX Announcement – 3 September 2020

September 2020 Investor Presentation | 11

Bankan Project Bankan Creek Prospect

INITIAL DISCOVERY HOLES

• Drilling was designed to test width of mineralised footprint and understand geology

• Angled AC/RC program

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1ASX Announcement – 27 April 2020

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Bankan Project Bankan Creek Prospect

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1ASX Announcement – 19 August 2020 2ASX Announcement – 27 August 2020

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JOINT VENTURE & INTERESTS

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September 2020 Investor Presentation | 14

Joint Venture & Interests

Resolute Joint Venture (ASX:RSG) – Cote D’Iovire Equity: RSG 76.5% - PDI 23.5% Land package encompassing 2,009 km[2]

Montage Joint Venture – Burkina Faso Equity: MG 51% - PDI 49%

Land package encompassing 602 km[2]

Glomin Joint Venture – Cote D’Ivoire

Glomin Mining has the right to earn up to 80% includes 2% NSR Land package encompassing 1,135 km[2]

Bobosso Project - Cote D’Ivoire

(PDI - Mine development payments)

• Minimum payment of US$2.15M to PDI on first mine development

• US$4.30/ore reserve Oz Au as defined in the BFS and due upon first production

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1ASX Announcement – 04 June 2019

September 2020 Investor Presentation | 15

Ouarigue South Discovery – Resolute Mining JV

FERKESSEDOUGOU NORTH RESULTS:

• FNDC011: 51.00m at 1.27g/t gold from 169.00m

• FNDC012: 14.00m at 10.74g/t gold from 33.00m

• FNDC015: 33.00m at 1.62g/t Au from 28.00m

• FNDC016: 17.15m at 1.39g/t Au from 110.85m 18.00m at 1.95g/t Au from 134.00m

• FNDC018: 40.40m at 1.88g/t Au from 105.60m 25.00m at 0.98g/t gold from 154.00m 13.65m at 2.13g/t gold from 194.00m

• FNDC019: 9.75m at 7.46g/t gold from 104.00m

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1ASX Announcement – 16 April 2020

September 2020 Investor Presentation | 16

Burkina Faso – Montage Gold JV

PORTFOLIO OVERVIEW:

• :

• Bongou 184,000 oz Gold Resource[1]

• Thick, consistent mineralisation

• Excellent metallurgy

• Exploration Target within 10km

• Promising initial drill results from Bira

• Numerous drill ready targets

• Potential for +1Moz in multiple deposits

• Currently on care & maintenance

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1ASX Announcement – 4th September 2014

September 2020 Investor Presentation | 17

Next Steps…

BANKAN PROJECT

• Following a review of initial RC and DD results in late July, DD drilling is ongoing across the Bankan Project

• Holes orientated from west to east and designed to intersect the interpreted gold mineralised zone across its true width

• 8 DD-holes have been completed from west to east with further DD drilling underway at both NE Bankan and Bankan Creek

• RC drilling on the Saman permit located immediately north of the main NE Bankan zone underway

• Targeting maiden JORC Resource by mid-2021

REGIONAL EXPLORATION PROGRAM:

• Koundian: Soil sampling (2,000 samples) and magnetics completed

• Boundiali permit: Resolute JV exploration activities

• Burkina Joint Venture: Exploring divestment opportunities

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September 2020 Investor Presentation | 18

1

A development focused future…

4.5 Months of Discovery In less than five months the company has made multiple significant greenfields gold discoveries

2 Untested Opportunity Regional auger programs continue to identify new areas for potential further gold discovery 3 Targeting a Resource To deliver a JORC compliant Resource in by mid-2021 4 Expansive holdings in West Africa’s golden triangle 6,000km[2] across 26 permits in Guinea, Cote D’Ivoire and Burkina Faso

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

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