PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2020

Apr 21, 2020

Exploring for Gold in Guinea’s Siguiri Basin

NEW KANINKO DISCOVERY | 46M AT 6.58G/T GOLD CORPORATE PRESENTATION APRIL 2020

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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Corporate Overview

CAPITAL STRUCTURE

631m $1.9m SHARES CASH AS AT ON ISSUE 20[th ] of April 2020

$36.7m $34.8m MKT CAP at A$0.07 ENTERPRISE 20[th ] of April 2020 VALUE

98m OPTIONS Exc. at $0.018

BOARD OF DIRECTORS

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 (Kaninko, Bongou, Nyangboue).

PAUL ROBERTS BSc, MSc, FAIG Managing Director

PHILLIP JACKSON

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.

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

STEVEN MICHAEL Chartered Accountant Non-executive Director

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

48 Hours When Predictive Shook The ASX

733% single largest 1-day gain on the ASX in the past 3 years +1 Billion shares traded in 48 hours across ASX and Chi-X+

Wednesday 15[th] April

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Background

100% Owned Guinea Portfolio Predictive holds approximately 800km[2] of prospective landholdings across nine permits/authorisations in Guinea, all containing artisanal gold workings.

All projects are within the Siguiri Basin which hosts AngloGold’s large Siguiri Mine (+10Moz), the Siguiri Basin forms part of the richly mineralised West African Birimian Gold Belt.

Joint Venture Portfolio

Predictive holds a number of important Joint Ventures across Cote D’Ivoire and Burkina Faso. The Cote D’Ivoire joint venture has provided Predictive with an experienced and well-funded project partner (Resolute Mining) to manage our exciting Ferkessedougou North and Boundiali Projects

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Decade of gold exploration in West Africa

Single Project Explorer

Portfolio of Projects

Burkina Faso

Burkina Faso

Burkina Faso

First Property Acquisition Discovery hole at Bongou Bongou Project Resource

Cote Divoire Burkina Faso Guinea Guinea Kaninko Toro Joint Progress Joint Exploration Gold Discovery Venture Venture commenced

Cote D’Ivoire

Burkina Faso

Burkina Faso

Dave Discovery First Property Bongou Exploration Acquisition target

Cote D’Ivoire Discovery holes at Nyangboue

Burkina Faso Cote D’Ivoire Bira Discovery Ouarigue South Discovery

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An Accomplished Exploration Team

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PAUL ROBERTS BSc, MSc, FAIG Managing Director

BARRY MURPHY B.A, Hons, Ph.D Chief Geologist

AIME NGANARE

MSc, MBA Principal Geologist

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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 (Kaninko, Bongou, Nyangboue, Ouarigue South).

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 major role in the Bongou discovery and the regional targeting work that led to the Kaninko discovery.

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 – Path to Kaninko Discovery

Portfolio Overview

• Underexplored Siguiri Basin already has large Anglogold Siguiri and Nordgold Lero Mines (+5Moz Au ea.) and Managem Tri-K Mine under development

• Ground selected using Predictive’s Predictore[TM] system identifying deep structure and other gold ore indicators

• Low-cost ground screening with geological mapping, BLEG stream sediment geochem. on reconnaissance authorisations

• 800km[2] retained in 5 gold projects – Kaninko,

• Koundian and Kankan highest priorities

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Guinea – Path to Kaninko Discovery

• No known previous exploration

• Initial Authorisation granted in June 2019, then Permit grant in October 2019

• Initial work - geology, rock/soil geochemistry, BLEG stream sediment sampling

• Power auger drilling and trenching on NE Bankan and Bankan Creek

• 12.8 ha +0.25g/t Au power auger anomaly at NE Bankan (average of 18 holes 1.5g/t Au[1] )

• DRILL DISCOVERY at NE Bankan Creek announced to ASX on 15 April 2020

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1ASX Announcement – 19 March 2020

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Kaninko AC/RC Drill Results

• 46m (to EOH) at 6.58 g/t gold from 4m including: ► 10m at 26.52 g/t gold from 34m

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

• 50m (to EOH) at 1.53 g/t gold from surface including: ► 20m at 2.51 g/t gold from 30m

• 42m at 1.56g/t gold from surface including: ► 30m at 2.07 g/t gold from 12m

• ► 20m at 1.35g/t gold from surface

• ► 50m (to EOH) at 1.27 g/t gold from surface

• ► 34m at 1.06 g/t gold from surface

• ► 48m at 1.15 g/t gold from surface

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1ASX Announcement – 15 April 2020

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open in all directions north, south, on drill lines to east, west and at depth

Kaninko Cross Sections

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1ASX Announcement – 15 April 2020

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open in all directions north, south, on drill lines to east, west and at depth

Kaninko Cross Sections

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1ASX Announcement – 15 April 2020

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open in all directions north, south, on drill lines to east, west and at depth

Kaninko Cross Sections

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1ASX Announcement – 15 April 2020

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Kaninko Next Steps

• Drill results from 23 holes at Bankan pending

• Creek

• Power Auger Drilling (April 2020):

• Define full extent of NE Bankan system

• Test other prospects on permit

• AC or RC Drilling (April-May 2020) for:

• Complete coverage of entire NE Bankan anomaly on 80m lines

• Extensions immediately north and south

• RC/DD Drilling at depth on both prospects (May-June 2020)

• Metallurgical Testwork on shallow and deeper samples (July-August 2020)

(Subject to regional COVID-19 restrictions not preventing drilling and assaying in the next 4 months)

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Guinea – Other Areas

Kankan:

• AC/RC drilling on 1-2 targets (late April 2020)

• Assay results in May 2020

Koundian :

• Initial geology/regolith mapping, geochemical programs (April-June 2020)

• Pilot ground geophysical surveys (May-June 2020)

• Aeromagnetic survey (late 2020)

Elsewhere:

• Assay results in May 2020

• Modest cost geological/geochemical programs (May-June 2020)

(subject to any national COVID-19 restrictions)

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With Resolute Mining (ASX:RSG) (PDI 23.5% equity)

Cote D’Ivoire Joint Venture

Diamond Drilling completed on Ferkessedougou North High-profile, well funded JV partner Field work currently suspended (COVID-19 restrictions in Cote D’Ivoire)

Ferkessedougou North (prev. drilling) 45m at 3.2g/t gold 40m at 3.5g/t gold

Boundiali

(prev. drilling) 30m at 8.3g/t gold 28m at 4.04g/t gold

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1ASX Announcements – 04 June 2019, 23 June 2016

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With Resolute Mining (ASX:RSG) (PDI 23.5% equity)

Ouarigue South Discovery

(Ferkessedougou North Permit)

New drill results (see plan view):

► 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

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With Resolute Mining (ASX:RSG)

(PDI 23.5% equity)

Ouarigue South Discovery

(Ferkessedougou North Permit)

New drill results (on section):

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

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

Next Steps:

• More drilling along strike of Ouarigue South

• Explore 17km long Leraba soil trend for more Ouarigue South-type (granite hosted) gold deposits

(Follow up exploration to start once COVID-19 Restrictions are lifted)

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1ASX Announcement – 16 April 2020

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Montage Joint Venture

Burkina Faso

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 deposits

• ► Currently on care & maintenance

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1ASX Announcement – 4th September 2014

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Focus on 100% Guinea Projects but with a portfolio of excellent JV Gold Projects in Cote D’Ivoire and Burkina

Early Discovery in Guinea New focus on Kaninko with extensive drilling programs but with drilling also on Kankan and lower cost regional programs elsewhere

Expansive holdings in West Africa’s golden triangle 6,000km[2] across 16 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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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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A ‘Golden Age’ of

Australia-African relations

Mine & Exploration Projects

• 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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