PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2022

May 18, 2022

ASX: PDI | 19 May 2022

60,000-METER DRILLING PROGRAM UNDERWAY AT BANKAN SUPPORTED BY KEY APPOINTMENTS

HIGHLIGHTS

• 60,000-meter Diamond (DD) and Reverse Cycle (RC) drilling program underway, expected to significantly increase and upgrade the inferred 3.65Moz Bankan gold Resource[1] .

• Six drill rigs currently on site with extension and infill drilling underway at both the NE Bankan and Bankan Creek gold deposits, with an updated Resource estimate expected early Q3 2022.

• Predictive is pleased to announce the following key appointments as the Company continues to build an experienced management team that can bring a Tier-1 gold deposit into production:

• Pierre Louw, Chief Financial Officer: +35 years’ experience in Africa, including Tanzania, Egypt, Zambia and South Africa. He was previously CFO for Centamin plc, Financial Director of the Lumwana Mining Company in Zambia (Equinox), and Finance and Business Manager of Geita Gold Mine, Tanzania.

• Marlyatou Balde, Country Manager: Geologist with more than 25 years’ experience both in Guinea and internationally, holding senior roles with AngloGold Ashanti, Barrick and BHP. Most recently, Mrs Balde worked as Technical Advisor to Guinea’s Minister of Mines and Geology.

• Andre Pieters, ESG Manager: Mining Engineer with +30 years’ experience in hard rock mining underground and open pit, including at the Kinross Tasiast mine. Most recently he worked in Guinea, leading the environmental compliance program for a major bauxite exporter.

• Chris Boreham, Project Feasibility Manager: Mining Engineer with +30 years’ experience in hard rock mining underground and open pit, with extensive experience in gold and copper mines, narrow view and bulk deposits and delivering successful feasibility studies across Australia, China and Africa. Previously he was General Manager of the Sukari Gold Mine.

• Critical Resource, a globally significant environmental firm based in London, has been engaged to develop an 18-month best practice biodiversity management program.

1ASX Announcement - 3.65-million-ounce Bankan maiden Mineral Resource Estimate (30 September 2021)

ASX: PDI | 19 May 2022

• Baseline environmental studies underway, including stakeholder mapping and engagement (communities, government ministries, regulators, local interest groups, NGOs), Protected Area Assessment, Critical Habitat Assessment and Dry & Wet season surveys (cameras, aerial drone scanning, acoustic, eDNA).

• Predictive expects to deliver a comprehensive Scoping Study to the Government of Guinea by the end of 2023 and is well positioned to become Guinea’s largest gold mine within five years with a clear strategy to grow the resource base and take Bankan into production.

• Assays received from Koundian Gold Project, also located within Guinea’s Siguiri Basin, with an 82-hole (3,748m) air core (AC) drilling program targeting a series of structural, rock geochemical and auger gold anomalies.

• A sample of high-grade results from 63 AC holes include:

• KDNAC0010: 6m @ 3.1g/t Au from 18m

• KDNAC0016: 2m @ 2.9g/t Au from 6m

• KDNAC0026: 6m @ 3.3g/t Au from 18m

• KDNAC0043: 12m @ 1.3g/t Au from 6m

• Rock chip sampling returned a best result of 18.8g/t Au with 26% of samples >1.0g/t Au.

• Drilling at Koundian is designed to test a series of promising structural positions interpreted from the 2021 aeromagnetic survey and strong auger results.

• Initial AC drilling and ongoing rock chip sampling continues to confirm that gold mineralisation is widespread through the permits.

• Koundian is strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits.

Managing Director Andrew Pardey comments: “We are delighted to welcome our four new senior leaders who will support our goal of developing and building Guinea’s next gold mine. With the asset’s proximity to Haut Niger National Park and our commitment to local engagement, we will continue to develop an 18-month best practice biodiversity management program.

On the exploration front, drilling at the Bankan Project is ramping up with more rigs and a 60,000meter program to compliment several baseline environmental studies - all are now underway. Our goal is to deliver a comprehensive Scoping Study to the Government of Guinea by the end of 2023, putting us in a strong position to develop and build the country’s largest gold mine.

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The new assay results at Koundian are particularly encouraging as, together with the drilling results announced from NE Bankan in April, show the potential of Predictive’s highly prospective land package, all of which is located within Guinea’s prolific Siguiri Basin. The Koundian project is strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits, with the southern permit boundary just 7km north of the Koulekoun deposit, which hosts 1.2 Moz at 1.52g/t gold. We look forward to receiving more samples from the AC drilling and rock chip sampling.”

Koundian Gold Project

Located within the Birimian-age Siguiri Basin approximately 115km east-northeast of the Company’s 3.65Moz Bankan Gold Project (Fig. 1), the Koundian Project contains widespread gold mineralisation including multiple gold mineralised sites and strong gold values.

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Figure 1 - Predictive’s Guinea Portfolio with Koundian Project highlighted, 115km ENE of the Company’s 3.65Moz Bankan Project.

First pass power auger drilling was completed at Koundian in 2021 with multiple artisanal sites extending over several kilometres and very limited bedrock outcrop, presenting excellent potential for the discovery of a new continuously mineralised gold system.

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Results from 63 holes, totalling 2,854m, are reported in this release with the drilling carried out on a series of traverses testing potentially well mineralised structures including two areas of extensive shallow artisanal gold workings (Figures 2-4).

New results included a best intercept of 6m @ 3.1g/t Au from 18m (KDNAC0010). The 2m composite AC drill samples were assayed by fire assay at SGS in Bamako (Mali). Detailed results and a complete explanation of the methods followed in drilling and assaying the reported holes are provided in Tables 1 and 3.

A 63-sample rock chip program returned multiple +2g/t Au values with a peak result of 18.8g/t Au in brecciated haematitic quartz veins to the south in exploration permit SMK2. A total of 26% of all samples reported >1g/t Au.

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Figure 2 - Koundian Project, aeromagnetic image, highlighting AC drilling, power auger and rock chip sample assays.

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Figure 3 - Koundian Project, location of new AC drill holes at SMK1 prospect overlain artisanal workings.

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Figure 4 - Koundian project, location of new AC drill holes at SMK1 prospect overlain artisanal workings.

Both the AC drilling and rock chip results continue to confirm the presence of widespread gold mineralisation in the project area.

The exploration program at Koundian remains in its infancy with strong auger gold anomalies and prospective structural targets yet to be tested by ongoing AC drilling.

The 2021 aeromagnetic survey over the project area showed a series of structural features that may have controlled the localisation of the more extensive gold mineralisation than the narrow veins which are widespread across the permit area. Of particular note are a series of NE oriented features,

ASX: PDI | 19 May 2022

the strongest pair of which form a corridor that includes the highest-grade power auger drill results reported in 2021.

-END-

COMPLIANCE STATEMENT

Predictive advises that it is not aware of any new information or data that materially affects the exploration results or mineral resource estimate contained in this announcement and all material assumptions and technical parameters underpinning the mineral resource estimate continue to apply and have not materially changed.

This announcement is authorised for release by Predictive Managing Director, Andrew Pardey.

For further information please contact:

For Further Information visit www.predictivediscovery.com or contact:

Andrew Pardey Chris Swallow Managing Director Corporate Development E: andrew.pardey@predictivediscovery.com E: chris.swallow@predictivediscovery.com P: +61 412 174 882

Buchanan

Managing Director E: predictive@buchanan.uk.com P: +44 (0) 20 7466 5000

COMPETENT PERSONS STATEMENT

The exploration results reported herein are based on information compiled by Mr Norm Bailie. Mr Bailie is a full-time employee of the company and has sufficient experience relevant to the style of mineralisation and type of deposits being considered 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 Bailie consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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TABLE 1 – AC DRILL RESULTS – KOUNDIAN PROJECT

Hole No.	UTM 29N East	UTM 29N North	RL (GPS)	Hole azimuth	Hole dip	Hole depth	0.25g/t gold cut-off	0.25g/t gold cut-off	0.25g/t gold cut-off	Comments	Licence
							From	**Interval **	Au g/t
KDNAC0001	509852	1202771	418	180	-50	34	NSR				SMK1
KDNAC0002	509852	1202729	417	180	-50	50	8.0	2.0	0.36		SMK1
KDNAC0003	509932	1202770	417	180	-60	50	NSR				SMK1
KDNAC0004	509848	1202748	417	180	-60	50	NSR				SMK1
KDNAC0005	509810	1202771	419	180	-60	50	NSR				SMK1
KDNAC0006	509810	1202747	419	180	-60	50	NSR				SMK1
KDNAC0007	509811	1202719	418	180	-60	50	NSR				SMK1
KDNAC0008	509811	1202693	417	180	-60	50	40.0	2.0	0.80		SMK1
KDNAC0009	509809	1202671	417	180	-60	50	NSR				SMK1
KDNAC0010	510280	1202940	435	180	-60	50	12.0	2.0	0.28		SMK1
							18.0	6.0	3.12	Incl. 4m@ 4.43g/t Au from 20m	SMK1
							32.0	8.0	0.41		SMK1
KDNAC0011	510489	1203039	426	180	-60	50	NSR				SMK1
KDNAC0012	510488	1203066	427	180	-60	50	NSR				SMK1
KDNAC0013 KDNAC0014	510490	1203016	425	180	-60	50	24.0	2.0	0.25		SMK1 SMK1
	510529	1202964	415	180	-60	50	NSR
KDNAC0015 KDNAC0016	510440	1202950	429	180	-60	50	NSR				SMK1 SMK1
	510440	1202925	425	180	-60	50	6.0	2.0	2.92
KDNAC0017	510280	1202965	440	180	-60	50	NSR				SMK1
KDNAC0018	510530	1202989	417	180	-60	50	NSR				SMK1
KDNAC0019 KDNAC0020	510528	1203014	418	180	-60	50	NSR				SMK1 SMK1
	510529	1203038	421	180	-60	50	NSR
KDNAC0021	510528	1203064	422	180	-60	50	NSR				SMK1
KDNAC0022	510531	1203090	424	180	-60	50	NSR				SMK1
KDNAC0023	510250	1202890	423	140	-55	50	NSR				SMK1
KDNAC0024	510254	1202933	429	140	-55	50	32	6.00	0.78		SMK1
KDNAC0025 KDNAC0026	509849	1202703	417	180	-55	50	NSR				SMK1 SMK2
	511201	1205540	368	230	-55	50	18	6.00	3.29	Incl. 4m@4.78g/t Au from 20m
KDNAC0027	511220	1205556	368	230	-55	50	14	2.00	4.20		SMK2
							22	2.00	0.32
KDNAC0028	511239	1205570	368	230	-55	33	NSR				SMK2
KDNAC0028A	511222	1205560	368	230	-55	49	12	2.00	0.54		SMK2
							26	2.00	0.70
KDNAC0029	511260	1205585	368	230	-55	40	26	6.00	0.39		SMK2
KDNAC0030	511280	1205599	368	230	-55	48	24	6.00	0.32		SMK2
KDNAC0031	511301	1205616	368	230	-55	36	14	2.00	0.47		SMK2
KDNAC0031A	511288	1205605	368	230	-55	33	NSR				SMK2

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KDNAC0032 511319 1205631 368 230 -55 50 NSR SMK2
KDNAC0033 511341 1205644 368 230 -55 50 NSR SMK2
KDNAC0034 511359 1205661 368 230 -55 50 NSR SMK2
KDNAC0035 511490 1205361 372 230 -55 49 NSR SMK2
KDNAC0036 511470 1205344 372 230 -55 50 NSR SMK2
KDNAC0037 511450 1205332 372 230 -55 50 NSR SMK2
KDNAC0038 511431 1205316 372 230 -55 50 NSR SMK2
KDNAC0039 511410 1205301 373 230 -55 48 NSR SMK2
KDNAC0040 511389 1205285 373 230 -55 42 6 2.00 0.35 SMK2
KDNAC0041 511370 1205271 373 230 -55 50 NSR SMK2
KDNAC0042 511349 1205256 373 230 -55 49 NSR SMK2
KDNAC0043 510273 1202920 430 140 -55 50 6 12.00 1.26 Incl. 6m @2.2g/t Au from 10m SMK1
KDNAC0044 510292 1202908 426 140 -55 50 14 4.00 0.55 SMK1
48 2.00 0.28
KDNAC0045 514469 1201748 380 230 -55 50 18 2.00 0.35 SMK2
26 4.00 0.45
KDNAC0046 514490 1201764 379 230 -55 50 4 2.00 0.34 SMK2
38 12.00 0.48 Mineralised to EOH
KDNAC0047 514509 1201779 378 230 -55 50 4 2.00 0.28 SMK2
20 2.00 0.25
KDNAC0048 513639 1203849 394 0 -55 50 NSR SMK2
KDNAC0049 513639 1203875 391 0 -55 49 NSR SMK2
KDNAC0050 513639 1203899 390 0 -55 50 10 12.00 0.34 SMK2
KDNAC0051 513640 1203925 389 0 -55 50 NSR SMK2
KDNAC0052 512821 1204082 382 180 -55 32 NSR SMK2
KDNAC0052A 512819 1204065 384 180 -55 28 NSR SMK2
KDNAC0053 512819 1204055 384 180 -55 27 NSR SMK2
KDNAC0053A 512820 1204044 386 180 -55 22 NSR SMK2
KDNAC0054 512820 1204031 388 180 -55 24 NSR SMK2
KDNAC0054A 512821 1204017 388 180 -55 28 1 11.00 0.67 SMK2
KDNAC0055 512820 1204006 391 180 -55 25 16 2.00 0.31 SMK2
KDNAC0055A 512820 1203993 392 180 -55 22 NSR SMK2
KDNAC0056 512821 1203980 392 180 -55 43 NSR SMK2
KDNAC0057 512980 1203831 407 180 -55 43 NSR SMK2
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TABLE 2 – GEOCHEMICAL RESULTS – KOUNDIAN PROJECT

Surface Samples - Rocks

A total of 63 rock samples are reported in this release. Significant rock assays greater than 1g/t Au reported below. All other sample locations are shown on attached figures.

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SampleID North East RL Au g/t Permit
(WSG84- (WSG84- (AMSL)
29N) 29N)
PDG0013559 1202966 510477 424 1.45 SMK1
PDG0013560 1202966 510470 424 1.47 SMK1
PDG0013563 1202900 510274 426 1.14 SMK1
PDG0013565 1202905 510278 426 1.11 SMK1
PDG0013566 1202908 510284 426 2.52 SMK1
PDG0013569 1203082 510524 425 3.28 SMK1
PDG0013576 1202451 511143 399 1.3 SMK2
PDG0013578 1202327 510937 405 1.26 SMK2
PDG0013584 1201816 514467 378 4.89 SMK2
PDG0013595 1205136 512540 401 2.15 SMK2
PDG0013599 1203995 512980 409 1.56 SMK2
PDG0013687 1198840 514081 384 18.8 SMK2
PDG0013692 1204783 509522 394 1.18 SMK1
PDG0013694 1201937 513026 396 1.4 SMK2
PDG0013726 1209282 510308 469 2.55 SMK2
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TABLE 3 – JORC CODE – SAMPLING

Section 1: Sampling Techniques and Data

JORC Code Criteria Commentary Explanation Sampling Technique Nature and quality of sampling (eg The sampling described in this report refers to Aircore (AC) drill samples, as well cut channels, random chips, or as surface geochemical samples which includes rock sampling. specific specialised industry standard measurement tools Rock: Individual reconnaissance rock chip samples were collected and were appropriate to the minerals under submitted for fire assay Au (FAA515) analysis at the SGS laboratory in Bamako. investigation, such as downhole gamma sondes, or handheld XRF AC: Individual one metre samples were collected from the cyclone and weighed. instruments, etc). These examples should not be taken as limiting the Each sample was then riffle split producing a 1kg split sample. Two metre broad meaning of sampling composite samples weighing approximately 2kg were submitted to the assay Include reference to measures laboratory by combining the individual 1kg riffle split sample from each metre taken to ensure sample into a single bag. representivity and the appropriate calibration of any measurement tools or systems used. Aspects of All samples were dried, crushed and pulverised at the SGS laboratory in Bamako the determination of to produce a 50g fire assay charge with Au analysed by FAA505. mineralisation that are Material to Sampling was supervised by qualified geologists. the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other

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|---|---|---|
||cases more explanation may be
required, such as where there is
coarse gold that has inherent
sampling problems. Unusual
commodities or mineralisation
types (eg submarine nodules) may
warrant disclosure of detailed
information.||
|Drilling|Drill type (eg core, reverse
circulation, open- hole hammer,
rotary air blast, auger, Bangka,
sonic, etc) and details (eg core
diameter, triple or standard tube,
depth of diamond tails, face-
sampling bit or other type,
whether core is oriented and if so,
bywhat method, etc).|AC: Drilling company is IPGS (Industry Petroleum and Gas of Senegal)
Drill type is Aircore using a 3.5 inch diameter coring blade. Where hard layers
including quartz veins were encountered the blade was switched to a face
sampling AC/RC hammer bit.
This question is not applicable to rock chip sample results.|
|Drill Sample Recovery|Method of recording and
assessing core and chip sample
recoveries and results assessed.
Measures taken to maximise
sample recovery and ensure
representative nature of the
samples.
Whether a relationship exists
between sample recovery and
grade and whether sample bias
may have occurred due to
preferential loss/gain of
fine/coarse material.|Each 1 metre drill sample was weighed.
AC: Sample recoveries were in general high and no unusual measures were taken to
maximise sample recovery. Where samples became too wet or sample recovery and
quality decreased holes were stopped.
Significant sample bias is not expected with riffle splitting of saprolitic materials.
This question is not applicable to rock chip sample results.|
|Logging|Whether core and chip samples
have been geologically and
geotechnical logged to a level of
detail to support appropriate
Mineral Resource estimation,
mining studies and metallurgical
studies.
Whether logging is
qualitative or quantitative
in nature. Core (or
costean/Trench, channel,
etc) photography.
The total length and percentage
of the relevant intersections
logged.|All drill samples were logged systematically for lithology, weathering and alteration
and minor minerals. Minor minerals are estimated quantitively.
AC logging may be used in a Mineral Resource interpretation.
Surface rock samples will not be used in a Mineral Resource estimation.|
|Sub-Sampling
Technique and
Sample Preparation|If core, whether cut or sawn and
whether quarter, half or all core
taken. If non-core, whether
riffled, tube sampled, rotary
split, etc and whether sampled
wet or dry.
For all sample types, the nature,
quality and appropriateness of the
sample preparation technique.
Quality control procedures
adopted for all sub-sampling
stages to maximise representivity
of samples.
Measures taken to ensure that the
sampling is representative of the in
situ material collected, including for
instance results for field
duplicate/second-half sampling.
Whether sample sizes are
appropriate to the grain size of the
materialbeing sampled.|AC: The samples were collected by riffle splitting samples from large bags
collected directly from the cyclone on the drill rig. Sample condition is generally
dry or moist, however some samples are wet.
All samples are considered sufficiently representative of the drilled and sampled
material in a geochemical program.
Field duplicates, standards and blank samples were each submitted for every 15
samples on a rotating basis for AC drilling.
In the case of rock chip samples, the entire sample Was submitted to the laboratory
for gold analysis.|

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Quality of Assay Data and Laboratory Tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	The analytical method used was a fire assay fire method with a 5ppb Au detection limit which is appropriate for a geochemical drilling program. Company standards and blanks were inserted in batches at a ratio of 1:20. The results of these QC check as well as the laboratory standards, blanks, duplicates and checks indicate the analytical results are suitable for a geochemical drilling program and indicate no bias. All samples were assayed by SGS technique FAA505 for gold with a detection limit of 5ppb Au. All samples with gold values exceeding 10g/t Au were re-assayed using SGS method FAA515 with a detection limit of 0.01g/t Au. Field duplicates, standards and blank samples were each submitted for every 15 samples on a rotating basis for AC drilling. Duplicate and standards analyses were within acceptable limits of expected values.
Verification of Sampling and Assaying	The verification of significant intersections by either independent or alternative company personnel. The use of twinned holes The verification of significant intersections by either independent or alternative company personnel. Discuss any adjustment to assay data	At this stage, the intersections have not been verified independently. For AC some abandoned shallow AC blade holes were redrilled with AC Hammer within 5m radius. These may be considered twin holes in part but technically no twin holes were drilled during this program. No adjustment is assay data has been made. This question is not applicable to rock chip sample results.
Location of Data points	Accuracy and quality of surveys used tolocate drill holes (collar and down- hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. Specification of the grid system used Quality and adequacy of topographic control	Drill hole collar and rock chip sample locations were recorded at the completion of each hole by hand-held GPS. Positional data was recorded in projection WGS84 UTM Zone 29N. Relative height levels (RL) are relative to Above Mean Sea Level (AMSL) and assigned by draping collars on DTM surface determined from aerial geophysical survey. Hole locations may be re-surveyed using a digital GPS system later.
Data Spacing and Distribution	Data spacing for reporting of Exploration Results Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied	AC: The drill holes were designed to follow up previously defined >0.25g/t Au auger soil anomalies. Holes were either drilled heel to toe along traverses, or as scissor pairs in opposite directions at each target. Hole target depths and spacing were nominally 50m or as modified for heel to toe coverage. The intention of the drilling is to obtain a complete sample of the oxidised gold mineralisation and provide some indication of gold mineralisation orientations. All holes were angle drilled at 50 or 55 degrees. The adequacy of the current drill hole spacing for Mineral Resource estimation is not yet known as an appropriate understanding of mineralisation and continuity has not yet been established. This question is not applicable to rock chip sample results.
Orientation of Data in Relation to Geological Structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	Most of the reported AC holes are located on north-south lines to test NE orientated structures inferred from aeromagnetics as well as with variable bedding and quartz vein orientations (ranging from NE to NW and generally dipping to the north) which are optimally tested by drilling towards the south. This question is not applicable to rock chip sample results.
Sample Security	The measures taken to ensure sample security	Reference samples are stored at PDI’s sample store in Kouroussa, Guinea. Samples were split and sealed (tied off in calico or plastic bags) at the drill site. All samples picked for analyses are placed in clearly marked bags and were stored securely on site before being picked up and transported to Bamako by SGS truck.

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|||Coarse rejects and pulps will be eventually recovered from SGS in Bamako and
stored at Predictive’s field office in Kouroussa.|
|Section 2 Reporting of Exploration Results|||
|Mineral Tenement
and Land Tenure
Status|Type, reference name/number,
location and ownership including
agreements or material issues
with third partiessuch asjoint
ventures, partnerships, overriding
royalties, native title interests,
historical sites, wilderness or
national park and environmental
settings.
The security of the tenure held at
the time of reporting along with
any known impediments to
obtaining a licence to operate in
the area.|The AC drilling was conducted over the Koundian JV Project which comprises 4
granted exploration and reconnaissance permits held by three companies
Société M.G.C Mineral Resources SARL (MGC), Société Minière de Koundian
SARL (SMK1 & SMK2) and Société Gold Mining Exploration SARL (GME).
PDI through Kita Resources Pty Ltd (Kita) is currently earning a 51% interest of
the JV companies (with right to earn 100%) through on ground expenditure and
cash payments over 7 years.|
|Exploration Done
by Other Parties|Acknowledgment and
appraisal of exploration by
other parties.|Geological mapping, geochemical sampling and limited drilling was conducted by
Drake Resources, as ASX-listed company (formerly ASX: DRK) in 2014-15. Results
of this work were reported by DRK at that time and also in PDI AX release dated 7
April 2020 and 31 May2021.|
|Geology|Deposit type, geological
setting and style of
mineralisation.|The permits lie within the Siguiri Basin in NE Guinea. The geology includes fine
grained metasedimentary rocks, mafic volcanics and intrusives, and possible
granitic rocks.|
|Drill Hole Information|A summary of all information
material to the understanding of
the exploration results including a
tabulation of the following
information for all Material drill
holes:
•
easting and northing of
the drill hole collar
•
elevation or RL (Reduced
Level – elevation above sea
level in metres) of the drill
hole collar
•
dip and azimuth of the hole
•
down hole length and
interception depth
•
hole length
•
If the exclusion of this
information is justified on
the basis that the
information is not Material
and
this exclusion does not
detract from the
understanding of the
report, the Competent
Person should clearly
explain why this is the
case.|The required information is provided in Table 1.|
|Data Aggregation
Methods|In reporting Exploration Results,
weighting averaging techniques,
maximum and/or minimum
grade truncations (eg cutting of
high grades) and cut-off grades
are usually Material and should
be stated.
Where aggregate intercepts
incorporate short lengths of high
grade results and longer lengths of
low grade results, the procedure
used for such aggregation should
be stated and some typical
examples of such aggregations
should be shown indetail.|No weighted average or truncation methods were used for the AC drill results. No
cut-off grade was applied in the average grade calculation.
This question is not applicable to rock chip sample results.|

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||The assumptions used for any
reporting of metal equivalent
values should be clearlystated.||
|Relationship Between
Mineralisation Widths
and Intercept Lengths|These relationships are
particularly important in the
reporting of Exploration Results
If the geometry of the
mineralisation with respect to
the drill hole angle is known, its
nature should be reported. If it
is not known and only the down
hole lengths are reported, there
should be a clear statement to
this effect (eg ‘down hole length,
truewidth not known’).|True widths cannot be estimated for the AC drill results as the orientation of
the underlying weathered rocks is not known.
This question is not applicable to rock chip sample results.|
|Diagrams|Appropriate maps and sections
(with scales) and tabulations of
intercepts should be included for
any significant discovery being
reported These should include,
but not be limited to a plan view
of drill hole collar locations and
appropriate sectional views.|Appropriate maps are provided in Figures 3-4.|
|Balanced Reporting|Where comprehensive reporting
of all Exploration Results is not
practicable, representative
reporting of both low and high
grades and/or widths should be
practiced to avoid misleading
reporting of Exploration Results.|All results are reported in Tables 1 and 2.|
|Other
Substantive
Exploration Data|Other exploration data, if
meaningful and material, should
be reported including (but not
limited to): geological
observations; geophysical survey
results; geochemical survey
results; bulk samples – size and
method of treatment;
metallurgical test results;
bulk density, groundwater,
geotechnical and rock
characteristics; potential
deleterious or contaminating
substances.|All exploration data on this area gathered before Predictive commenced
exploration was reported by Drake Resources (ASX: DRK) in 2014-2015.|
|Further Work|The nature and scale of planned
further work (eg tests for lateral
extensions or large scale step out
drilling.
Diagrams clearly highlighting the
areas of possible extensions,
including the main geological
interpretations and future drilling
areas, provided this information is
notcommercially sensitive.|Planned work includes geological mapping, surface sampling and ongoing AC and
RC drilling and as warranted.|