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PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2021
Sep 1, 2021
65537_rns_2021-09-01_1b0acdc0-8f0f-44c8-b9b8-73a46c5c16b7.pdf
Investor Presentation
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02 September 2021
INVESTOR PRESENTATION AFRICA DOWN UNDER 2021
Predictive Discovery Limited (ASX:PDI) (“Predictive” or “the Company”) is pleased to provide the following investor presentation which will be given this morning at the Africa Down Under Conference being held at the at the Pan Pacific, Perth, Western Australia.
Predictive Managing Director, Mr. Paul Roberts, will be presenting at 9.20am (AWST).
The Presentation can also be viewed live on Paydirt TV:
https://www.youtube.com/channel/UCUgVBlGvMKQj0K3m1A4oA6A/featured
The Presentation will be available on the Company website: https://www.predictivediscovery.com/ This announcement has been authorised for release by the Board of Predictive Discovery Limited.
For further information, please contact:
Paul Roberts
Managing Director E: [email protected] Ph: +61 402 857 249
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LARGE SCALE, HIGH GRADES AND GROWING FAST West Africa’s Most Exciting Gold Project
AFRICA DOWN UNDER - SEPTEMBER 2021
ASX:PDI
Forward Looking Statements & Disclaimer
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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
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 Company has released all material information that relates to Exploration Results on a continuous basis to ASX and in compliance with JORC 2012 . The Company confirms that it is not aware of any new information that materially affects the content of this release.
Investor Presentation | 2
Corporate Overview
TOP SHAREHOLDERS
ANALYST COVERAGE
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SHARES ON ISSUE 1,350m
CASH
MKT CAP
(A$0.135)
A$26m A$182m
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High-grade gold
zone recognised
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Board & Management
PAUL ROBERTS
BSc, 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 the PDI Bankan discovery.
FRANCIS HARPER
Non-Executive Chairman
Currently Chairman and major shareholder of Tietto (ASX: TIE) and founder and co-owner of Blackwood Capital, which has raised over $A1B for mining and industrial stocks since founding. He was formerly Chairman and major shareholder of West African Resources (ASX: WAF)
ANDREW PARDEY
Non-executive Director
Formerly CEO of LSE/TSX listed Centamin plc, the owner of the 450koz pa Sukari Mine. A geologist with extensive mine and development experience in North and West Africa. Currently Chairman of Tanga Resources Limited (ASX: TRL) and non-executive director of Marvel Gold Limited (ASX: MVL)
STEVEN MICHAEL
Non-executive Director
Steven has over 25 years’ experience in the global resources sector specialising in corporate finance and equity capital markets. Currently Non-Executive Director of Tanga Resources Limited (ASX: TRL)
BARRY MURPHY
B.A, Hons, Ph.D Chief Geologist
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 regional targeting work that led to the Kaninko discovery.
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.
Investor Presentation | 3
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High-grade gold in
Guinea’s prolific Siguiri Basin
2 Exciting Gold Discoveries
NE Bankan
•
1.6km-long zone of shallow oxide gold mineralisation
•
Emerging high-grade core
•
Gold grades improving with deeper drilling
Bankan Creek
•
Located 3km to the west of NE Bankan
•
Good grade gold intersected from surface
•
Potential to materially contribute to the Mineral Resource Estimate
Tremendous Regional Potential
•
9 high priority regional gold drill targets identified from aeromag survey
•
Bankan remains underexplored with significant opportunity for further
greenfield gold discoveries.
•
Large regional land position with power auger drilling
returning shallow high-grade gold
Maiden Resource On-track
•
+80,000m of drilling completed
•
Maiden JORC-compliant Resource due late Q3 2021
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Investor Presentation | 4
Strengthening our relationship with the Bankan Communities Our Social Initiatives
Bankan Women’s Agricultural Program
-
Improve the living conditions and empower the women of Bankan Village through development of a large market garden.
-
Financial, technical and logistical support.
-
Site identification, clearing, fencing, well construction, equipment, seed and fertiliser purchases.
Children’s School Program
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Donation of school supplies to five schools located within the Bankan Gold Project exploration permits.
-
School supplies include books, learning materials and stationery.
Investor Presentation | 5
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Bankan Project NE Bankan Prospect
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BROAD WIDTHS & HIGH-GRADES
A Major Gold
Discovery
-
April 20: Discovery hole of 46m @ 6.6g/t Au
-
Over 32km of
RC/DD/AC drilling completed
• Gold from surface expected to result in a modest strip ratio, driving robust mining economics
- High-grade core at depth delivers potential to expand resource below 300m
vertical depth
Investor Presentation | 6
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Investor Presentation | 7
Bankan Project NE Bankan Prospect Section S1175100
EMERGING HIGH-GRADE CORE:
BNERD0088
- 49.7m @ 11.7g/t Au, incl. 17.0m @ 31.9g/t Au (incl. 7.0m @ 50.3g/t Au)
BNEDD087
- 55.6m @ 5.7g/t Au, incl. 40m @ 7.3g/t Au
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Investor Presentation | 8
Bankan Project NE Bankan Prospect
Section S1175020
OUTSTANDING GRADES AT DEPTH:
BNERD0007
-
14m @ 2.2g/t Au
-
19m @ 4.8g/t Au, incl. 6m @ 13.7g/t Au
-
8m @ 1.9g/t Au
BNEDD085
- 44m @ 8.0g/t Au incl. 17m @ 18.1g/t Au
BNEDD086
- 12m @ 6.7g/t Au incl. 17m @ 18.1g/t Au
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Investor Presentation | 9
Bankan Project NE Bankan Prospect Section S1175180
KK0DD0009
-
17m @ 1.0g/t Au
-
30m @ 2.6g/t Au
-
19m @ 1.4g/t Au
BNERD0002
-
60m @ 1.4g/t Au
-
12m @ 1.8g/t Au
-
10m @ 2.5g/t Au
BNERD0010
-
89m @ 1.3g/t Au
-
7m @ 3.1g/t Au
BNERD0073
-
61.3m @ 1.9g/t Au
-
9m @ 1.9g/t Au
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Investor Presentation | 10
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Bankan Project NE Bankan Prospect
Section S1174940
BNERC0040
- 65m @ 2.7g/t Au
BNERD0014
-
30m @ 2.8g/t Au
-
27m @ 0.8g/t Au
BNERD0068
-
5m @ 2.4g/t Au
-
18m @ 3.0g/t Au
-
23m @ 1.9g/t Au
BNERD0074
-
44m @ 2.0g/t Au
-
6m @ 2.7g/t Au (to EOH)
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Investor Presentation | 11
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Bankan Project Bankan Creek Prospect
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SATELLITE DEPOSIT
-
Gold mineralisation in fresh rock with some high grades, including at depth
-
Known strike length approximately 300m with gold mineralised zone open along strike and at depth
-
Infill RC-DD drilling completed for resource estimate in top 100-150m
-
Only 3km from the NE Bankan Discovery
-
Gold mineralisation from surface with excellent grades - potential for highly profitable satellite deposit to supplement NE Bankan
Investor Presentation | 12
Bankan Project Bankan Creek Prospect
BROAD WIDTHS INCLUDING HIGH-GRADE GOLD:
BCKDD0018
- 34m @ 3.7g/t Au incl. 5m @ 15.5 g/t Au
BCKDD0014
-
36m @ 1.8g/t Au incl. 1m
-
@14.6g/t Au
-
BCKDD0014 • 21m @ 1.5g/t Au
-
18m @ 2.6g/t Au
-
15m @ 1.9g/t Au
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Investor Presentation | 13
Room to Grow
35km-long Gold Corridor Emerges
AEROMAG DELIVERS REGIONAL DRILL TARGETS
-
9 high priority regional gold drill targets identified from recently completed aeromagnetic survey, flown across the Bankan Project
-
New targets are located on interpreted ENEWSW faults, crosscutting a newly recognised major 35km-long north-northwest structural corridor
-
Structural corridor has potential to host numerous
-
“NE Bankan-style” discoveries.
-
Lithological and structural elements controlling gold mineralisation at NE Bankan have provided a new model for gold discovery
Investor Presentation | 14
Auger Drilling and Rock
Sampling finds new gold mineralisation and high grades in the northern permits
AUGER DRILLING DELIVERING RESULTS
-
15,000m of regional power auger drilling now underway, with grids testing nine new targets designed to outline further gold auger footprints.
-
Bankan on 358km[2] of
-
ground – to date auger drilling has tested less than 10% of area.
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Investor Presentation | 15
Koundian Project
Strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits
-
Power has returned shallow auger drilling high-
-
grade gold along a corridor of interpreted NE orientated structures:
KDNAU0473
-
6m @ 32.0g/t Au from 4m (to EOH), incl.
-
4m @ 45.0g/t Au from 4m
KDNAU0406
- 6m @ 9.8g/t Au from 4m (to EOH)
KDNAU0546
- 6m @ 1.3g/t Au from 4m (to EOH)
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Fix this up
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Investor Presentation | 16
Bankan Project Timeline
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BANKAN-3 BANKAN-2 RC-DD: ONGOING GOLD DISCOVERY IN NEW HIGH-GRADE DEEP GOLD MINERALISATION AREAS + INFILL DRILLING + BASELINE/INTERNAL DEFINITION & OXIDE DRILLING TECHNICAL STUDIES (Ongoing) (Completed) Q1 Q2 Q3 Q4 H1 2020 2021 2022 HIGH-GRADE GOLD ZONE DISCOVERED METALLURGICAL BANKAN-1 RC-DD: RESOURCE UPDATES TESTWORK + MRE EXPLORATION STAGE (Completed) DELIVERY
Investor Presentation | 17
Exciting Exploration Q3 2021 Upside Development Widespread indications of Q3 2021 Current Pathway additional gold Metallurgical mineralisation within the Bankan Resource Testwork Drilling designed to wider Bankan Project. Drilling Complete deliver Maiden JORCAuger drilling & compliant Resource in late aeromagnetic survey are Testing both September assisting in identifying and >80,000m of weathered & fresh better defining these drilling completed gold mineralisation targets
Enormous upside as Bankan advances and regional exploration materialises Investor Presentation | 18
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Level 2, 33 Ord St, West Perth, Western Australia 6005
Phone | +61 8 92161020 Mob. | +61 402 857249 Email | [email protected]
predictivediscovery.com ASX:PDI
MATERIAL ASX RELEASES
STRONG WIDTHS AND GRADES FROM BANKAN CREEK RESOURCE DRILLING, 24/08/2021 MORE BROAD WIDTHS AND HIGH-GRADES FROM BANKAN DRILLING, 2/08/2021 BONANZA GOLD GRADES AS HIGH-GRADE ZONE IS REVEALED AT BANKAN, 19/07/2021 44M @ 8G/T GOLD, HIGHEST IMPACT GOLD INTERCEPT AT BANKAN, 1/07/2021 BROAD GOLD INTERCEPTS FROM BANKAN CREEK AND NE BANKAN, 17/06/2021 NE BANKAN EXTENDS TO DEPTH WITH STRONG GOLD GRADES, 3/06/2021 6M AT 32G/T GOLD FROM FIRST DRILLING AT KOUNDIAN, GUINEA, 31/05/2021 WIDESPREAD & HIGH-GRADE GOLD FROM BANKAN REGIONAL AUGER, 13/05/2021 NE BANKAN CENTRAL GOLD ZONE EXTENDING TO SOUTH AT DEPTH, 6/05/2021 BANKAN AEROMAG MANY NEW DRILL TARGETS ALONG 35KM STRUCTURE, 28/04/2021 NE BANKAN GOLD MINERALISATION SUBSTANTIALLY EXTENDS AT DEPTH, 15/04/2021 NE BANKAN GROWS TO 300M WIDE. HIGH GRADE GOLD FROM SURFACE, 31/03/2021 EXCEPTIONALLY HIGH GRADES, THICK INTERCEPTS FROM NE BANKAN, 15/03/2021 SUBSTANTIAL OXIDE GOLD ZONE EMERGING AT NE BANKAN PROJECT, 5/03/2021 MORE DEPTH EXTENSIONS FROM DRILLING BANKAN GOLD DISCOVERIES, 25/02/2021 HIGH GRADE DRILL RESULTS EXTEND BANKAN CK DISCOVERY TO NORTH, 11/02/2021 OUTSTANDING, WIDE GOLD INTERCEPT GROWS BANKAN AT DEPTH, 28/01/2021 BANKAN GOLD PROJECT DRILLING ACCELERATED, 22/01/2021
DIAMOND DRILLING UNDERWAY AT BANKAN GOLD PROJECT, 17/12/2020 - EXPLORATION UPDATE BANKAN GOLD PROJECT, GUINEA, 27/11/2020 - - EXPLORATION UPDATE BANKAN 2 GOLD DRILLING UNDERWAY, 20/10/2020 - 92M AT 1.9G/T GOLD DIAMOND DRILLING EXPANDS BANKAN PROJECT, 13/10/2020 NE BANKAN GOLD DEPOSIT GROWS WITH MORE STRONG DRILL RESULTS, 25/09/2020
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ADDITIONAL PERMITS ALONG STRIKE FROM FLAGSHIP BANKAN PROJECT, 17/09/2020 55M AT 2.94G/T GOLD-BROAD TRUE WIDTHS CONFIRMED AT BANKAN, 10/09/2020 NE BANKAN NOW 1.6KM LONG WITH POSSIBLE PARALLEL GOLD ZONE, 3/09/2020 BANKAN CREEK GOLD ZONE FURTHER EXPANDED, 27/08/2020 STRONG WIDE GOLD INTERCEPTS FROM BANKAN CREEK AND NE BANKAN, 19/08/2020 OUTSTANDING HIGH-GRADE GOLD RESULTS FROM NE BANKAN, GUINEA, 7/08/2020 DIAMOND DRILLING CONFIRMS GOLD AT DEPTH AT NE BANKAN, GUINEA, 31/07/2020 IMPRESSIVE 1ST RC DRILL RESULTS GROW NE BANKAN DISCOVERY, 17/07/2020 NE BANKAN DISCOVERY GUINEA EXTENDED 30% TO 1.3KM IN LENGTH, 30/06/2020 SAMAN EXPLORATION PERMIT GRANTED, 19/06/2020
PDI WEST AFRICAN EXPLORATION UPDATE 7 DRILL RIGS ACTIVE, 9/06/2020 KANINKO AUGER RESULTS DOUBLE GOLD-MINERALISED STRIKE LENGTH, 27/05/2020 UPDATE ON ASSAY RESULTS KANINKO PROJECT GUINEA, 25/05/2020 DRILLING UPDATE - KANINKO PROJECT, GUINEA, 7/05/2020 FINAL DRILL RESULTS, BANKAN CREEK, KANINKO PROJECT, GUINEA, 30/04/2020 44M AT 2.06G/T GOLD FROM BANKAN CREEK, KANINKO, GUINEA, 27/04/2020 POWER AUGER DRILLING UNDERWAY AT KANINKO GOLD PROJECT, 24/04/2020 DIAMOND DRILLING EXTENDS GOLD MINERALISATION AT OUARIGUE CDI, 16/04/2020 OUTSTANDING DRILL RESULTS FROM NEW GOLD DISCOVERY IN GUINEA, 15/04/2020 - GUINEA GROUND ACQUIRED NEAR PLUS 2 MILLION OZ GOLD DEPOSITS, 7/04/2020 - AC RC DRILLING UNDERWAY IN GUINEA, ACCELERATING EXPLORATION, 24/03/2020 - - - HIGH GRADES BROAD WIDTHS FROM GUINEA AUGER TRENCHING PROGRAM, 19/03/2020 UP TO 8G/T GOLD FROM POWER AUGER DRILLING IN GUINEA, 26/02/2020
Investor Presentation | 20