PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2024

Apr 14, 2024

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West Africa’s Next Tier-1 Gold Mine

www.predictivediscovery.com

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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Forward looking statements, disclaimer and compliance

Forward Looking Statements and Important Notice

This report contains forecasts, projections and forward-looking information. Although the Company believes that its expectations, estimates and forecast outcomes are based on reasonable assumptions it can give no assurance that these will be achieved. Expectations, estimates, projections and information provided by the Company are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are out of the Company’s control.

Actual results and developments will almost certainly differ from those expressed or implied. PDI has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this announcement. To the maximum extent permitted by applicable laws, PDI makes no representation and can give no assurance, guarantee or warranty, expressed or implied as to, and takes no responsibility and assumes no liability for the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions from, any information, statement or opinion contained in this report and without prejudice, to the generality of the foregoing, the

achievement or accuracy of any forecasts, projections or other forward looking information contained or referred to in this report.

Investors should make and rely upon their own enquiries before deciding to deal in the Company’s securities.

Competent Person Statement and Compliance Statement

The Mineral Resource estimate referred to in this presentation was released to ASX on 7 August 2023. The Ore Reserve estimate referred to in this presentation was released to ASX on 15 April 2024. The Company it is not aware of any new information or data that materially affects the Mineral Resource or Ore Reserve estimates contained in this announcement and all material assumptions and technical parameters underpinning the Mineral Resource and Ore Reserve estimates continue to apply and have not materially changed.

The production targets and forecast financial information referred to in this presentation was released to the ASX on 15 April 2024. The Company confirms that all the material assumptions underpinning the production targets and forecast financial information derived from the production targets in the previous announcement continue to apply and have not materially changed.

The information in this announcement that relates to prior Exploration Results have been extracted from ASX market announcements detailed in the “Material ASX Releases” slide in the appendix. The Company confirms that it is not aware of any new information or data that materially affects previous Exploration Results referred to in this announcement. The Company also confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the relevant original market announcements.

Pre-Feasibility Study (“PFS”) Cautionary Statement

The PFS referred to in this presentation (released to the ASX on 15 April 2024) is considered to have a ±25% level of accuracy. The PFS contains production targets and forecast financial information for two cases, the Ore Reserve Case and the Extension Case. The production targets and forecast financial information for the Ore Reserve Case is based entirely on Probable Ore Reserves. The production targets and forecast financial information for the Extension Case are based on 87.2% Probable Ore Reserves and 12.8% Inferred Mineral Resources (contained gold basis). There are no Inferred Mineral Resources in the first 5 years of the Extension Case mine plan. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production targets will be realized.

The PFS is based on the material assumptions outlined in the PFS announcement released to the ASX on 15 April 2024. This includes assumptions about the availability of funding. While PDI considers all of the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the PFS will be achieved. To achieve the range of outcomes indicated in the PFS, funding in the order of US$456m will likely be required. Investors should note that there is no certainty that PDI will be able to raise that amount of funding when needed. It is possible that such funding may only be available on terms that may be dilutive to or otherwise affect the value of PDI’s existing shares. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the PFS.

Authorisation

This presentation has been authorised for release by Andrew Pardey, Managing Director.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

www.predictivediscovery.com

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Company Highlights

• Tier-1 Bankan Gold Project moving towards development phase, with potential for additional large-scale discoveries

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Company
Fundamentals
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Management
Team
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o Exploration and development Company with the Tier-1 Bankan Gold Project in Guinea

o ASX listed with a market cap of A$519m (ASX: PDI)[(1)]

o Dual strategy to progress Bankan towards development and unlock its full exploration potential

o The right management team to build and operate Bankan

o Track record of building out resource bases, and developing and operating gold mines in Africa

o Strategy in place to increase Bankan resource and develop into a mine

Tier-1 Bankan Gold Project[(2)]

Near-resource & Regional Exploration

o Leading African development asset, with LOM average production of 269Koz over a 12-year mine life

o Robust PFS economics with NPV 5% of US$668m and IRR of 25% at US$1,800/oz Au , and NPV5% of US$1.4bn and IRR of 42% at US$2,300/oz Au

o 5.38Moz Mineral Resource at NEB (4.89Moz) and BC (0.49Moz), including 3.05Moz Probable Ore Reserve[(3)]

o PFS and ESIA completion key to securing Exploitation Permit

o Early work highlights multi-deposit potential within 5km of NEB

o 800W, SB and SEB already showing potential to become satellite deposits and extend mine life

o Broader permit package highly prospective for new discoveries – encouraging results at multiple Argo targets, 15-20km north of NEB

1. As at 12-Apr-24.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

www.predictivediscovery.com

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1. Based on PFS Extension Case.

2. Refer to ASX announcements 7-Aug-23 and 15-Apr-24.

Corporate Overview

Major Shareholders[(1)]

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(15.0%)
(9.6%)
(4.9%)
(4.5%)
(4.3%)
(4.1%)
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Research Coverage

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Capitalisation[(2)]

Ordinary Shares Outstanding Unlisted Options Fully-Diluted Shares Outstanding Closing Price (12-Apr-24) Undiluted Market Capitalization Cash (31-Dec-23)

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Ordinary Shares Outstanding 2,076m
Unlisted Options 70m
Fully-Diluted Shares Outstanding 2,146m
Closing Price (12-Apr-24) A$0.25
Undiluted Market Capitalization A$519m | US$337m
Cash (31-Dec-23) A$26m | US$17m
Share Price Performance Included in the S&P/ASX
300 Index since 18-Mar-24
Share Price (A$) GDXJ (Indexed) Gold Price (US$/oz)
$0.275 $3,000
$0.250 $2,750
$0.225 $2,500
$0.200 $2,250
$0.175 $2,000
$0.150 $1,750
$0.125 $1,500
$0.100 $1,250
Apr-23 Jun-23 Sep-23 Nov-23 Jan-24 Apr-24
Gold Price (US$/oz)
Share Price (A$)
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1. Ownership based on ordinary shares outstanding; as of 28-Mar-24.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

www.predictivediscovery.com

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1. Based on AUD/USD of $0.65.

Bankan PFS Highlights[(1)]

• Large-scale open pit and underground gold project with robust economics, and potential for further upside

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EXCEPTIONAL LARGE HIGH-GRADE LOW CAPITAL LOW COST & ROBUST POST-TAX
PRODUCTION PROFILE MINERAL RESOURCE INTENSITY HIGH MARGIN NPV AND IRR
269Kozpa of gold 3.05Moz ore reserve Leading Capital Intensity LOM All-in Sustaining US$668m NPV5%
production over a 12-year (58Mt @ 1.64 g/t) [(2)] of US$1,695/oz [(3)] Costs of ~US$1,130/oz and IRR of 25%
mine life (at US$1,800/oz)
5.38Moz mineral resource Lowest amongst all current Average C1 cash cost of
Largest of all advanced (101Mt @ 1.66 g/t) [(2)] development projects in ~US$970/oz over life of US$1.4bn NPV5%
development projects in Africa mine of 12 years and IRR of 42%
Africa Exceptional historical
(at US$2,300/oz)
conversion track record Pre-production capital cost
of US$456m
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SIGNIFICANT STUDY OPTIMIZATIONS TO BE REALISED

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RESOURCE OPTIMIZATIONS
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NEAR-RESOURCE POWER COST GEOTECHNICAL MINING COST EXPLORATION OPTIMIZATIONS OPTIMIZATIONS OPTIMIZATIONS

1. Based on PFS Extension Case.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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1. Refer to ASX announcements 7-Aug-23 and 15-Apr-24.

2. Calculated as pre-production capital over LOM average annual gold production.

Bankan 3.05Moz Maiden Ore Reserve & Mining Inventory

Overall conversion of ~74% of the Indicated Mineral Resource into Probable Ore Reserve

o Maiden Probable Ore Reserve estimate of 57.7Mt @ 1.64g/t for 3.05Moz[(1)] of contained gold across the NEB open pit, NEB underground[(2)] and BC open pit areas

Deposit	Mining Method	Classification	Cut-off (g/t Au)	Tonnes (Mt)	Grade (g/t Au)	Contained (Koz Au)
NEB	Open Pit	Probable	0.5	46.2	1.41	2,101
	Underground	Probable	1.7	7.1	3.24	739
	Total		2.2	53.3	1.66	2,840
BC Open Pit	Open Pit	Probable	0.4	4.3	1.48	207
	Total			4.3	1.48	207
Total Open Pit				50.6	1.42	2,308
Total Underground				7.1	3.24	739
Total Bankan Project				57.7	1.64	3,047

o Ore Reserve Case includes no Inferred resources. Extension Case includes 447Koz of underground Inferred resources in second half of mine plan

Mine Area	Probable Reserves in Production Schedule	Probable Reserves in Production Schedule	Probable Reserves in Production Schedule	Probable Reserves in Production Schedule	Inferred Mineral Resource in Production Schedule	Inferred Mineral Resource in Production Schedule	Inferred Mineral Resource in Production Schedule	Inferred Mineral Resource in Production Schedule	Total Production Schedule	Total Production Schedule	Total Production Schedule
	Mt	g/t Au	Koz Au	% of Total	Mt	g/t Au	Koz Au	% of Total	Mt	**g/t Au **	Koz Au
Extension Case
Open Pit	50.6	1.42	2,308	100%	--	--	--	--	50.6	1.42	2,308
Underground	7.1	3.23	739	62%	3.8	3.64	447	38%	10.9	3.38	1,186
Total	57.7	1.64	3,047	87%	3.8	3.64	447	13%	61.5	1.77	3,494
Ore Reserve Case
Open Pit	50.6	1.42	2,308	100%	--	--	--	--	50.6	1.42	2,308
Underground	7.1	3.23	739	100%	--	--	--	--	7.1	3.23	739
Total	57.7	1.64	3,047	100%	--	--	--	--	57.7	1.64	3,047

NEB Deposit

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1. Refer to ASX announcement 15-Apr-24.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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1. NEB Underground Ore Reserve based on open pit Indicated Mineral Resources situated below detailed PFS pit designs.

Environmental & Social Highlights

Committed to extensive stakeholder engagement and environmental preservation

Permitting Considerations

• Comprehensive Environmental & Social Impact Assessment (“ESIA”) completed; no fatal flaws

• Submission of the PFS and ESIA to the Government a key step in securing an Exploitation Permit and allowing PDI to operate in the Peripheral Zone of the Upper Niger National Park

• Peripheral Zone has degraded landscapes from various human activities

• The Project will create significant benefits, including jobs, government revenues, local development fund contributions and conservation opportunities

• Strong government and community support for the Project, which, together with the PFS and ESIA outcomes, give PDI confidence in permitting

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Town of Kouroussa extends into Peripheral Zone

Good quality wooded savannah in the Park

Degraded landscape at the NEB deposit

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Actively Managing & Mitigating Risks

• ESIA is the result of more than two years of environmental and social work, including baseline surveys and studies, community liaison, and government and stakeholder engagement.

• Fully-lined dry-stack tailings storage facility and detoxified tailings

• Minimum 500m standoff from Niger River and exclusion zones for other streams

• Hybrid power plant (thermal/solar/battery) and accommodation village located outside the Peripheral Zone (and future potential for grid power)

• Development of environmental and social management plans underway

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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Iron Ore Bauxite
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Gold
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Graphite
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Guinea Overview

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Siguiri (Production)
Lefa (Production)
279Kozpa Au
Bankan (PFS) 207Kozpa Au
269Kozpa Au
Kouroussa
(Production)
Bon Ami
100Kozpa Au
(Pre-Production)
`
GUINEA
Tri-K
(Production)
SIGUIRI BASIN 120Kozpa Au
Sangaredi
Kankan
(Production)
Conakry
Kiniero (FS)
90Kozpa Au
Lola (FS)
GAC
(Production) Boffa
Nimba (ESIA)
(Pre-Production)
Simandou (Financing)
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Mature resources industry; West Africa’s next major gold region

• Stable and mature mining jurisdiction

• Low security risk, uninterrupted mining, geologically fertile and underexplored region

• World’s third largest bauxite producer and exporter

• Established and long running gold industry with two major mines

• Major global resource companies operating in country

• Recent US$15bn financing of the Simandou iron ore project highlights significant support for the industry of new administration

o Mining industry’s meaningful contribution to Guinea’s[(1)] :

• Economy – 18%

• Government Revenues – 30%

• Export Revenue – 78%

• GDP – 31%

o Established mining code & fiscal regime

• Royalty of 5% plus a 1% contribution to local development

• Corporate tax rate of 30%

• State entitled to 15% free carry

• Advanced and robust environmental management expectations

• Positive, two-way communication with mining and environmental ministries

• Regular engagement at all levels

Note: Production figures based on latest available data for producing mines; Production from projects reflect LOM average production as per latest studies. 1. https://eiti.org/news/guinea-achieves-high-score-eiti-implementation.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

www.predictivediscovery.com

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Fast-tracking Bankan Gold Project development of tier-1 gold mine PFS Highlights

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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PFS Overview

			US$1,800/oz Au	US$1,800/oz Au	US$2,300/oz Au	US$2,300/oz Au
Production Metrics		Units	Extension Case	Ore Reserve Case	Extension Case	Ore Reserve Case
	Mine Life	years	12	11	12	11
	Ore Mined	Mt	62	58	62	58
	Processing Rate	Mtpa	5.5	5.5	5.5	5.5
	LOM Avg. Processing Recovery	%	92%	92%	92%	92%
	LOM Avg. Grade	g/t Au	1.77	1.64	1.77	1.64
	First 7 Years Avg. Gold Production	Koz Au	296	292	296	292
	LOM Avg. Gold Production	Koz Au	269	256	269	256
Financial Metrics
	Initial Capital Costs	US$m	$456	$456	$456	$456
	C1 Cash Costs	US$/oz	$968	$984	$968	$984
	AISC	US$/oz	$1,132	$1,129	$1,162	$1,159
	Post-Tax NPV5%	US$m	$668	$567	$1,396	$1,218
	Post-Tax IRR	%	25%	24%	42%	41%
	Payback	years	3.5	3.5	2.0	2.0

Leading low-cost gold project in Africa, with modest initial capital complementing +250Kozpa Au production

Simple drill, blast, truck and shovel mining for open pit operations, with mechanized underground mining

Simple metallurgy allows for free milling and high confidence in processing, with a +92% recovery rate

Potential for numerous study optimizations to enhance value creation and shareholder returns

Significant near-resource and regional exploration potential to further enhance resource base and LOM

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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Ore Mining Overview

Multiple ore sources provide opportunities to optimize the mine plan and further de-risk operations

Extension Case

Ore Mined (Mt) and Mining Grade (g/t Au)

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Underground Bankan Creek (BC) NEB Pushback #1 NEB Pushback #2 Gbengbeden Grade Mined
62Mt
9.4
7.7 3.9 Cumulative Ore
0.5
3.4
7.1 Mined
6.2 0.3
5.9
2.8
5.4
2.0 8.3 4.7 3.7
4.3 4.8 6.1 3.8 3.9
1.1 2.7
1.8
1.7 1.8g/t
1.6
1.5 1.5
1.2 1.4 1.3 1.4 5.7 2.3 1.3 2.9 Avg. Grade Mined
3.7 2.9 2.8
-- 0.7 0.5 1.1 1.1 1.0 1.0 1.3 1.2 2.2 0.5 0.9 0.9 1.1 0.4
Y-2 Y-1 Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12
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Ore Reserve Case

Ore Mined (Mt) and Mining Grade (g/t Au)

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Underground Bankan Creek (BC) NEB Pushback #1 NEB Pushback #2 Gbengbeden Grade Mined
9.4
3.9
7.5
7.1 0.5
6.2 5.9 0.3
8.3
5.4 2.8
5.7
2.0 6.1 4.4
4.3 4.8
1.8 1.1 2.6 2.9 2.8 2.9
1.5 1.5
1.4
1.3 1.4
1.2 2.3 1.2
3.7 1.1
1.0
-- 0.7 0.5 1.1 1.1 1.0 1.0 1.1 1.0 2.2 0.4 --
Y-2 Y-1 Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12
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58Mt
Cumulative Ore
Mined
1.6g/t
Avg. Grade Mined
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Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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Gold Production Overview

Average LOM gold production of +250Koz over a +10 year mine life

Extension Case Production (Koz Au) and AISC (US$/oz)

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OP Production UG Production AISC
462
405 $1,714
293 362 129 $1,547
267 $1,405
$1,337 $1,303 $1,282 115 107 $1,324
$1,173
$1,075
248 248 251 $1,043 $924 215 218 333
104
175
103 106 97
297 49 92 104 $589
247 89
216
189
145 142 153 126 124 113 41
-- --
48
Y-2 Y-1 Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12
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Ore Reserve Case

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Production (Koz Au) and AISC (US$/oz)
OP Production UG Production AISC
$1,674
383 $1,611 $1,605
293
352
267 338
$1,366 $1,272 $1,282 100 82 --
$1,167
$1,075 248 248 251 $1,009
104 $897 338
103 106 97 169
139
129
302 41 --
--
252 $482
216
189
145 142 153 129 139 129
-- -- --
--
Y-2 Y-1 Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12
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3.2Moz Cumulative Production 296Koz First 7 Years Avg. Production 269Koz LOM Avg. Production US$1,132/oz LOM Avg. AISC

2.8Moz Cumulative Production 292Koz First 7 Years Avg. Production 256Koz LOM Avg. Production US$1,129/oz LOM Avg. AISC

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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Resource Base Benchmarking

Bankan ranks as a top-tier gold asset globally, and one of the best gold development projects in Africa from a grade and resource perspective

Select Global Top-tier Gold Mines & Projects – Mineral Resource (Moz Au) & Gold Grade (g/t Au)

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6.0 Top-tier African Producing
High grade; Small High grade; Large MRE
resource base resource base Gold Mines
Top-tier African Gold
PEA / PFS
Development Projects
5.0
Top-tier non-African Gold
FS / DFS
Development Projects
4.0
Loulou (Barrick)
Wassa (Chifeng)
Eskay Creek (Skeena) Fenelon (Wallbridge)
Kibali (Barrick)
3.0
Ahafo (Newmont)
Ikkari (Rupert)
Hounde (Endeavour) Syama (Resolute)
Novador (Probe)
Oko West (Reunion)
Colomac (STLLR)
2.0
Sabodala (Endeavour)
Median of Bankan Gold Pro ect
j
1.6g/t Au
1.0
Low grade; Small Low grade; Large
resource base resource base
0.0
0.0 Median of 5.0 10.0 15.0 20.0 25.0
3.7Moz Au
Resource (Moz Au)
Resource Grade (g/t Au)
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Note: Refer to “Sources for Resource Base Benchmarking” slides 38 to 43 in the appendix.

Production and Capex Benchmarking

Bankan has the highest annual production and lowest capital intensity of top-tier African gold development projects

Top-tier African Gold Projects – Production (Kozpa Au)[(1)]

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Median: 186Koz Au
Top-tier African Gold Projects – Capex Intensity (US$/Kozpa Au)
Initial Development Capex (US$m)
$456 $160 $321 $430 $297 $349 $474 $448 $365 $397 $499 $712
$3,193
Median: US$2,022/Kozpa Au $2,448 $2,507
$2,208 $2,253
$1,923 $1,955 $1,980 $2,019 $2,026
$1,695 $1,778
269
234
223 220
203 199
173 167 162 162
150
90
(FS)
Bankan (PFS) (DFS) Kone (DFS) Kiaka Lafigue (DFS) Kurmuk (DFS) Doropo (FS) (FS) Dugbe (FS) (DFS) Kalana (PFS) Kiniero (FS)
Nyanzaga Meyas Sand Twin Hills
(FS)
Bankan (PFS) Kiniero (FS) (FS) Kiaka Kalana (PFS) Doropo (FS) (DFS) Lafigue (DFS) (DFS) Dugbe (FS) Kurmuk (DFS) Kone (DFS)
Meyas Sand Nyanzaga Twin Hills
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Note: Refer to “Sources for Production and Capex Benchmarking” slide 44 in the appendix.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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1. Production of development projects based on LOM Average Production; Bankan LOM average production reflects Extension Case.

Key Optimizations & Further Works

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RESOURCE NEAR-RESOURCE
1 2
OPTIMIZATIONS EXPLORATION
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Inferred resources at NEB, Significant Study BC and Gbengbeden Potential for multiple Optimizations to be provide significant upside satellite deposits within Realized potential to mineable 5km of NEB inventory Increased Increased Key Optimization Goal Mineable Inventory Mineable Inventory

POWER COST OPTIMIZATIONS

GEOTECHNICAL 3 OPTIMIZATIONS

MINING COST 4 5 OPTIMIZATIONS

The currently under construction LinsanConservative assumptions Streamlining of existing Fomi line that will run underpinning existing pit staging, haulage 3km from the project design parameters of profiles and mine area has the potential Bankan development strategy to greatly reduce costs Decreased Increased Mineable Decreased Power and Processing Inventory, Decreased Mining Costs & AISC Costs & AISC Mining Costs & AISC

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PFS

Significant Shareholder Value to be Created from Multiple Optimizations Opportunities

DFS

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1 NEB Underground Resource Optimizations

Upside to PFS mineable inventory at NEB through upgrading and extending underground Inferred Resources

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PFS EXTENSION CASE
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UNDERGROUND MINING INVENTORY UPSIDE POTENTIAL

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Underground material in Extension Case is limited by open pit LOM (to maintain throughput) – 180koz of Inferred sits in optimized stopes outside Extension Case

Underground Inferred Resource is open at depth below deepest hole BNERD0113, which intercepted 24m @ 5.5g/t from 850m[(1)]

Model review could improve definition of underground cut-off boundary and increase grade without impacting contained ounces[(2)]

Increasing drill density and identification of further high-grade structures could allow mine design to be optimized to further increase grade

Potential to add ~180koz (1.1Mt at 5.1g/t) of Inferred Resources in mining inventory

1. Refer to ASX announcement released on 15-Jun-22.

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1. NEB Underground Ore Reserve based on open pit Indicated Mineral Resources situated below detailed PFS pit designs. PFS underground cut-off grade of 1.7g/t differs from the Mineral Resource estimate's high grade domain cut-off grade of 2.0g/t.

1

BC & Gbengbeden Open Pit Resource Optimizations

Upside to PFS mineable inventory at BC and Gbengbeden through upgrading Inferred Resources below pit designs

BLOCK MODELS

OPEN PIT MINING INVENTORY UPSIDE POTENTIAL

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PFS Mineable Inventory (Koz)
Further resource conversion
upside via additional drilling Additional Indicated within Optimized Shell (Koz)
Additional Inferred within Optimized Shell (Koz)
331
BC
110 PFS optimizations at BC and Gbengbeden
driven by depth of indicated resource
14
PFS 207
Optimization sensitivities based on indicated
and inferred show expanded pit shells
Further resource conversion
upside via additional drilling
Definition drilling to upgrade inferred
39 resources presents readily accessible upside
GBENGBEDEN 10
18
Straightforward path to increase mining
inventory by+150koz
PFS 12
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2
Near-resource Exploration
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Potential for multiple satellite deposits within 5km of NEB

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• Targets defined from shallow drilling and geophysics

• surveys

• Aiming to deliver additional resource ounces in close proximity to both NEB and BC deposits

• Positive results from multiple targets

  • 800W showing potential as a shallow satellite deposit

  • Recent drilling also starting to define SB and SEB

  • Encouraging results at other target areas

• Confirms the extent of gold mineralisation in the NEB and BC area

• Drilling programs are ongoing

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Note: Results from various ASX releases. Refer to “Material ASX releases” slide 46 in the appendix.

3

Power Cost Optimizations

Current development of Guinea’s power infrastructure has the potential to greatly reduce processing costs

Guinea Grid Power Potential & Cost Optimization Upside

225KV Powerline Installation to Unlock Grid Power[(2,3)]

• Major power production and distribution projects have more than doubled Guinean power production over the last four years

• 225 KV Nzerekore-Sanankoroba (N-S) is operational and the Linsan-Fomi (E-W) line, being commissioned in the next year, will go within 3km of Bankan[(4)]

• The PFS considers a power cost of US$0.236/Kwh based on HFO/diesel & solar

• Total Bankan installed power estimated at ~52MW, average draw of 36MW

• Achieving estimated Guinea grid costs of US$0.153/Kwh[(5)] implies an AISC saving of ~US$100/oz[(1)]

Guinea Power Production by Source (Mw)[(5)]

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Hydropower Fossil Fuels
1,302 1,302
1,041
490 490
679 454
603 610 604 589
312
338 338 236 243 236 227
812 812
587
211 211
367 367 367 367 362
127 127
2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A 2022A
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----- Start of picture text -----

GUINEA Lefa
Siguiri
Sangaredi
Bel Air GAC
Bon Ami
Boffa Kouroussa
Tri-K
Kiniero Kankan
Conakry
Simandou
Nimba
Lola Graphite
Existing 225KV Line M ajor Roadway
Existing Hydropower Plant
Planned 225KV Line
Planned Hydropower Plant
Existing 110KV Line
Existing Oil/HFO/Gas Plant
Planned 110KV Line
Planned Oil/HFO/Gas Plant 200km
Existing <50KV Line
Existing Gold Mine Existing Iron Ore Mine Existing Bauxite Mine [(2)] Existing Other Mine
Planned Gold Mine Planned Iron Ore Mine Planned Bauxite Mine Planned Other Mine
Karpowerships
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1. Calculated by multiplying average draw by 24 hours and 365 days and by estimated difference between US$0.236/kWh and US$0.156/kWh. Average tonnes milled considered to be steady 5.5Mtpa.

2. Selected Bauxite Mines shown due to space constraints.

3. Map adapted from https://www.africa-energy.com/map/guineas-power-infrastructure-and-resources-map.

4. Commissioning information from

http://pipes.ecowapp.org/en/project/under-implementation/225kv-guinea-mali-interconnection-project.

1. https://www.global-climatescope.org/markets/gn/

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4

Geotechnical Optimizations

Conservative assumptions underpinning existing design parameters of Bankan

• PDI considers current geotechnical parameters to be conservative

• Further geotechnical drilling required on periphery of the pits to confirm depth of saprolite for the permanent pit wall, and to further optimize stack angles

• Further geotechnical drilling required to identify optimal box cut location

• Not cross mineralized zones

• Minimize ventilation crosscuts

• Ability for earlier stoping

NEB Design Sectors

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Indicative Slope Configurations Design Sector 1

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Indicative Slope Configurations of Select African Gold Projects

Robex Resources, Kiniero Gold Project, FS 26-Aug-22:

• “Jean, SGA, Sabali North and Sabali Central open pit

• Bench Face Angles: 50° for oxide, 65° for transition and 80° for fresh rock

• Bench Stack Angles: 24° to 44° for oxide, 50° to 65° for transition and 55° to 72° for fresh rock ”

Montage Gold, Koné Gold Project, DFS 16-Jan-24:

• “For Koné South [assumed Bench Stack Angles are] 48° for oxide, 68° for transition and 68° for fresh rock; the Overall Slope Angle is ~55°

• For Gbongogo Main [assumed Bench Stack Angles are] 32° for oxide, 40° for transition, and 43° to 55° for fresh rock; the Overall Slope Angle is ~43° ”

OreCorp Gold, Nyanzaga Gold Project, DFS 22-Aug-22:

• “ Overall Slope Angle of 36° and 47° were applied for the oxide and fresh material respectively in the pit optimization based on the pit design parameters”

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5 Mining Optimizations

Streamlining of existing pit staging, haulage profiles and mine development strategy

Bankan Mining Optimizations

Open Pit Mining Optimizations

• Review and optimize pit staging (including potential for small NEB starter pit)

• Review pit haulage profiles to potentially remove flat areas in ramps

• Assess increased bench and dig flitch heights

Underground Mining Optimizations

• Review the transition point between open pit and underground mining, and timing of underground operations

• Review underground mine design, decline and development locations,

• infrastructure requirements and equipment selection for potential to reduce costs, improve access to ore, access low grade ore in waste development and reduce risks

• Assess alternative backfill strategies including using cemented aggregate fill or cemented fill, or optimizing cement consumption in paste fill to potentially reduce capital and operating costs

• Optimize the Mineral Resource model for selective underground mining to enhance grade without unduly impacting contained gold ounces

NEB Pit Design and Stages

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Regional Upside – Argo Drilling Results

• Promising results from multiple target areas

• Multiple specific target areas plus 23 line kms of anomalous auger trends to be tested

• Drilling programs ongoing on a results-driven basis

• Most promising targets so far:

A B C D E F	Fouwagbe 600m multi-element auger anomaly near artisanal workings. Latest drilling confirms mineralization extends >200m down-dip from surface. Best results of 12m @ 6.75g/t, 4m @ 12.14g/t, 5m @ 4.04g/t, 4m @ 4.81g/t and 3m @ 6.83g/t
	Sanifolon South 12m @ 6.29g/t, 2m @ 41.71g/t, 7m @ 3.28g/t and 10m @ 1.09g/t from first-pass aircore drilling in the same corridor as Fouwagbe
	Sinkoumba 4m @ 6.87g/t, 8m @ 3.65g/t and 2m @ 10.90g/t in the same corridor as Fouwagbe
	Sounsoun 1.8km long auger anomaly. Only 700m of strike tested to date with best results of 5m @ 5.16g/t, 6m @ 2.11g/t, 2m @ 7.76g/t, 9m @ 1.04g/t and 2m @ 4.25g/t
	Naladioulou -Gbata 9m @ 4.42g/t at an auger anomaly and 1m @ 30.40g/t on trend 700m to the south-west near artisanal workings
	Tindini Best result of 14m @ 1.97g/t. Further drilling to test depth / strike potential

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B
F
A
C
E
D
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Note: Refer to ASX releases dated 29-Aug-23, 24-Oct-23, 11-Dec-23, 1-Feb-24 and 9-Apr-24.

Indicative Activities & Timeline

Drivin towards ermittin on the back of PFS and ESIA com letion g p g p

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2024 2025 2026 2027 2028
Activity
H1 H2 H1 H2 H1 H2 H1 H2 H1 H2
PFS
Ex loitation Permit
p
DFS Further definition & Exploration Drilling
Financin
g
FEED
Detailed En ineerin
g g
Lon Lead Items
g
Procurement
General Earthworks
Infrastructure
Process Plant
Electrical and Power
TSF Sta e 1
g
Boxcut
NEB Under round
g
BC O en Pit
p
NEB O en Pit
p
Commissionin
g
Production
Toda
y
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Investment Highlights

Strong re-rate potential as Bankan moves through its development cycle

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Team
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High Quality Asset Base The next tier-1 gold mining project, ranking well on a global scale on resource size/grade, in Stable Jurisdiction annual production and capital intensity

Room for Material Asset Numerous operational improvements to be pursued to further enhance project economics Optimizations and value to shareholders

Significant Exploration Existing deposits provide platform for growth, supported by a highly prospective land Upside package and a strong track record of resource conversion Excellence in ESG Industry best practices considered and implemented throughout the organization Strong Management Experienced management team with a strong track record of building and operating large mines Team

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Appendix

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Bankan Gold Project Pre-Feasibility Study

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PFS Contributors

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Full and complete suite of best-in-class, specialist third party and internal contributors
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Mineral Resource Estimate Geotechnical Assessment Hydrogeology and Hydrology Mining
Assessment
Ore Reserve Estimate Metallurgical Testwork Review Ore Processing Plant Design Infrastructure and Services
Land & Marine
Geological Services
Environmental and Social Permitting and Approvals [(1)] Capital and Operating Cost Financial Analysis
Estimates
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1. Herbert Smith Freehills and ADNA have provided advice to PDI for the purpose of Chapter 13 of the PFS. Such advice was and is given solely for the benefit of PDI.

NEB Deposit Overview

Large-scale orebody with excellent consistency

• Large open pit resource (3.99Moz @ 1.53g/t) and high-grade underground resource (896Koz @ 4.07g/t)

• Total increase of more than 1Moz compared to Feb-23 estimate

• 3.90Moz (98%) of the open pit resource in Indicated – high confidence in the geology and mineralisation

• High-grade core of 1.90Moz @ 5.21g/t

• High-grade underground resource increased by 560Koz or 170% to 896Koz – expansion of main zone and definition of new “intersection” and “footwall” zones

o Upside to continue growing NEB

• Underground resource at depth beneath deepest hole BNERD0113 (24m @ 5.5g/t, incl 11m @ 10.3g/t)

• Underground resource also open to south and in footwall

• Additional high-grade shoots in the main NEB pit shell which are largely untested by drilling

• Gbenbeden open at depth and to the north

Mining Method	Classification	Cut-off (g/t Au)	Tonnes (Mt)	Grade (g/t Au)	Contained (Koz Au)
Open Pit	Probable	0.5	46.2	1.41	2,101
Underground	Probable	1.7	7.1	3.24	739
Total NEB Ore Reserves			53.3	1.66	2,840
Open Pit	Indicated	0.5	78.4	1.55	3,900
Open Pit	Inferred	0.5	3.1	0.91	92
Underground	Inferred	2.0	6.8	4.07	896
Total NEB Mineral Resources			88.3	1.72	4,888

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BNERD0113
24m @ 5.5g/t from 850m
incl. 11m @ 10.3g/t from 852m
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Note: Refer to ASX releases dated 15-Jun-22, 7-Aug-23 and 15-Apr-24. Mineral Resources shown are inclusive of Ore Reserves.

BC Deposit Overview

487Koz only 3km west of NEB

• Open pit resource of 487Koz @ 1.24g/t within an orogenic gold deposit

• Increase of 156Koz or 47% compared to Feb-23 estimate

• 244Koz (50%) classified as Indicated – upper 70m of the deposit

• Open down-plunge to the south-west and along strike to the south

Mining Method	Classification	Cut-off (g/t Au)	Tonnes (Mt)	Grade (g/t Au)	Contained (Koz Au)
Open Pit	Probable	0.4	4.3	1.48	207
Total BC Ore Reserves			4.3	1.48	207
Open Pit	Indicated	0.4	5.3	1.42	244
Open Pit	Inferred	0.4	6.9	1.09	243
Total BC Mineral Resources			12.2	1.24	487

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Note: Refer to ASX release dated 7-Aug-23 and 15-Apr-24. Mineral Resources shown are inclusive of Ore Reserves.

Processing Overview

Simple processing to achieve high recoveries

Bankan Processing Flow Sheet

• Gold mineralisation confirmed as free-milling with high gold recoveries and amenable to simple, conventional CIL processing

• Como Engineers has designed a conventional gold processing plant to achieve 5.5 Mtpa throughput at a design utilisation of 91.3% and nominal processing rate of 688 tph

• Single-stage gyratory crusher feeding a SAG/pebble crusher/ball mill circuit (“SABC”) to prepare the ore for treatment in a conventional gravity/leach/CIL circuit

• Conservative PFS recovery assumptions of 92.6% for NEB and 89.5% for BC have been adopted

• Ball Mill Bond Work Index of 18 to 25kWh/t for fresh ore

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Opex & Capex Breakdown Low upfront capital expenditure and attractive cost profile

PFS Operating Cost Breakdown

Area	Extension Case	Extension Case	Ore Reserve Case	Ore Reserve Case
	LOM Cost (US$m)	Unit Cost (US$/oz)	LOM Cost (US$m)	Unit Cost (US$/oz)
Open Pit Mining	$987	$305	$987	$350
Underground Mining	$682	$211	$439	$156
Processing	$1,175	$364	$1,099	$390
General, Admin and NPI	$283	$88	$247	$88
C1 Cash Costs	$3,127	$968	$2,772	$984
Royalties	$349	$108	$304	$108
Sustaining Capital Costs	$182	$56	$106	$38
All-in Sustaining Costs	$3,658	$1,132	$3,182	$1,129

PFS Opex (US$m) & AISC (US$/oz) – Extension Case

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Mining Cost Processing Cost G&A Costs Royalties Sustaining Capital All-in-Sustaining Cost
$1,075 $1,337 $1,303 $1,282 $1,173 $1,043 $924 $1,714 $1,405 $1,324 $589 $1,547
$377 $374
$332 $344
$323 $322
$287 $300 $302 $288
$272
$105 $105 $105
$105 $105
$105 $105 $105
$105 $137
$94
$79
$112 $147 $161 $164 $175 $177 $178 $144 $141 $127 $105 $61
$40
Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12
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PFS Capital Cost Breakdown (Inc. Contingency)

Area	Units	Extension Case	Ore Reserve Case
Development CapEx	US$m	$398	$398
Capitalized Pre-Production Costs	US$m	$58	$58
Pre-Production CapEx	US$m	$456	$456
Sustaining CapEx	US$m	$182	$106
Closure Costs	US$m	$39	$39
Total CapEx	US$m	$676	$601

Pre-Production Capital Cost Breakdown by Category (US$m)

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$43 $29
$42
$80
$42
$32
$9
$51
$129
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Open Pit Development Underground Development TSF Other Mining Processing Plant Non Process Infrastructure General Owners Costs Contingency

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Sensitivity Analysis

As is typical for a gold project, Bankan is most sensitive to revenue linked assumptions

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Extension Case at US$1,800/oz Ore Reserve Case at US$1,800/oz
NPV5% - US$668m NPV5% - US$567m
$404 $930 $331 $801
Gold Price ±10%
Grade ±10% $404 $929 $332 $801
Discount Rate ±2% $536 $828 $425 $708
Opex ±10% $511 $822 $456 $701
Recovery ±5% $536 $798 $449 $684
Capex ±10% $626 $709 $529 $605
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Other Supporting Material

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Board & Management

Highly experienced Board and senior management team

Board

Simon Jackson

Non-Executive Chair

• 25 years’ experience in the management of resource companies, particularly in Africa

• Former senior management at Red Back which developed and operated two gold mines in West Africa and was sold to Kinross for C$9.3bn

• Held senior board roles at Sarama Resources (TSX-V:SWA, ASX:SRR), Leeuwin Metals (ASX:LM1) and Resolute Mining (ASX/LSE:RSG)

Management

Andrew Pardey Managing Director

• Geologist with extensive experience in West Africa

• Former CEO of Centamin (LSE:CEY, TSX:CEE) where he built the 13Mt and +450Kozpa Sukari Gold Mine in Egypt

• 10 years in senior management roles at the Siguiri and Lefa gold mines in Guinea

Sandra Bates Non-Executive Director

• 20+ years’ experience as a risk assessment specialist within the natural resources sector

• General Counsel of Elemental Altus Royalties (TSX-V:ELE) and NonExecutive Director of Adriatic Metals (ASX:ADT, LSE:ADT1)

Steven Michael Non-Executive Director

• 25+ years’ experience in the global resources sector

• Managing Director of Red Hawk Mining (ASX:RHK) and NonExecutive Director of Wia Gold Limited (ASX:WIA)

• Previously a Managing Director of FTI Consulting, Managing Director of Vimy Resources (ASX:VMY) and Executive Director Deep Yellow (ASX:DYL)

Marlyatou Balde Country Manager

Pierre Louw

Chief Financial Officer

Andre Pieters

ESG Manager

Franck Bizouerne

Resource & Geology Manager

Chris Boreham

Project Feasibility Manager

Brad Milne

Corp Dev Manager

• • • • • •

• Guinean National and Senior accountant with 35+ 25+ years' environmental 25+ years' experience in Mining engineer with 15+ years' corporate geologist with 25+ years' experience working and social compliance greenfield and brownfield 30+ years' experience in development and years’ experience in the extensively in Africa experience in infrastructure exploration in gold and other hard rock mining investment banking resource industry • development and mining minerals across Africa underground and open experience in the Previously CFO for

• • Most recently, Centamin, FD of Lumwana • Most recent role in Guinea • Has worked with explorers, pit, both owner operator resources industry Technical Advisor to Mining Company in was leading the mid-tier and major miners, and contract mining • Investor relations, •

• the Minister of Mines Zambia (Equinox), finance environmental compliance including Orano, Endeavour Previously General business development, and Geology - Guinea and business manager of program for a major Mining and Rio Tinto Manager Sukari Gold transactions, studies, debt Geita Gold Mine Tanzania bauxite exporter • Mine Egypt and equity funding Successfully developed

• • Previous roles include resource of several mines • Previous roles include Kinross Tasiast Mauritania such as Youga in Burkina Corporate Development Environment Faso, and Angovia and Manager at BCI Minerals Superintendent/Manager Agbaou in Cote d’Ivoire

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Rationale of PFS vs Scoping Study Improved accuracy and a clearer development path

The PFS is welcomed by regulators as it Higher Reporting provides a clearer view of the economic, Standard environmental & social impacts of the Project A PFS provides a heightened degree of clarity Higher Degree of compared to a Scoping Study, presenting a Accuracy more accurate picture of the Bankan Project to stakeholders The PFS has been completed to Internationally Further Advanced high standards, meaning modest work is required to upgrade to DFS level The PFS allows from the creation of reserves Reserve Creation demonstrating economic viability

	PFS	Scoping Study
Scope of Work	Approximate	Conceptual
Estimate Level	Comprehensive	Order of Magnitude
Margin of Variance	15-30%	30-50%
JORC Ore Reserves	Yes	No
Project Risk Analysis	Yes	No

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Bankan Mineral Resource Evolution

Since MRE, PDI has added 1.7Moz, increased grade to 1.66 Au g/t and upgraded 4.1Moz into Indicated Resources

Discovery of >5Moz high-grade gold deposit within 4 years of initial discovery

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Inferred Resources (Moz Au) Indicated Resources (Moz Au) Reserves (Moz Au) Resource Grade (g/t Au)
8.0 2.00
Significant
1.69 1.66 1.66 Exploration
1.63
1.56 Upside
6.0 1.50
5.38
4.22 4.18
4.0 3.65 1.00
3.05
1.75 4.14
Discovery of
Bankan Gold 2.0 0.50
1.10
Project in
2.43
April 2020
1.23 1.23
-- --
Sep-21 Aug-22 Feb-23 Aug-23 Apr-24 (PFS)
Portion of Indicated /
-- --
42% 77% 77%
Reserves (%)
Resource Growth (%) n.a. 16% (1%) 29% n.a.
Conversion from INF -> IND
--
n.a. 41% 98% 74%
or IND -> PP (%)
Bankan Incorporated Drilling
32,700 52,317 84,698 148,275 157,171
(m)
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<US$20/oz
Discovery Cost
to Date
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~50,000 meters of Drilling within 3km of Bankan

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150,000 meters
of Drilling at
Bankan
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<35,000 meters of Regional Drilling

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Bankan Mineral Reserves & Resources Overview

JORC Ore Reserve

JORC Mineral Resource

Deposit	Mining Method	Classification	Cut-off (g/t Au)	Tonnes (Mt)	Grade (g/t Au)	Contained (Koz Au)
NEB	Open Pit	Probable	0.5	46.2	1.41	2,101
	Underground	Probable	1.7	7.1	3.24	739
	Total		2.2	53.3	1.66	2,840
BC Open Pit	Open Pit	Probable	0.4	4.3	1.48	207
	Total			4.3	1.48	207
Total Open Pit				50.6	1.42	2,308
Total Underground				7.1	3.24	739
Total Bankan Project				57.7	1.64	3,047

Deposit	Classification	Cut-off (g/t Au)	Tonnes (Mt)	Grade (g/t Au)	Contained (Koz Au)
NEB Open Pit	Indicated	0.5	78.4	1.55	3,900
	Inferred	0.5	3.1	0.91	92
	Total		81.4	1.53	3,993
NEB Underground	Inferred	2.0	6.8	4.07	896
NEB Total			88.3	1.72	4,888
BC Open Pit	Indicated	0.4	5.3	1.42	244
	Inferred	0.4	6.9	1.09	243
BC Total			12.2	1.24	487
Total Bankan Project			100.5	1.66	5,376

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Note: Refer to ASX release dated 7-Aug-23 and 15-Apr-24. Mineral Resources are inclusive of Ore Reserves.

Sources for Resource Base Benchmarkin g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
AurMac	Banyan Gold	Resource Estimate	-	-	-	-	-	-	347	0.6	7.0	7.0	0.6	https://banyangold.com/projects/aurmac/
Moss Lake	Goldshore	Resource Estimate	-	-	-	39	1.2	1.5	146	1.1	5.2	6.7	1.1	https://goldshoreresources.com/wp- content/uploads/2024/04/Goldshore_Corporate- Presentation_2024-04-08.pdf
Toroparu	Aris Gold	Resource Estimate	42	1.5	2.0	73	1.5	3.4	21	1.7	1.2	6.5	1.5	https://s28.q4cdn.com/389315916/files/doc_down loads/toroparu/TechnicalReport/Updated-Mineral- Resource-Estimate-NI43101-Technical-Report-for- the-Toroparu-Project-Guyana.pdf
Oko West	Reunion Gold	Resource Estimate	-	-	-	65	2.1	4.3	19	2.6	1.6	5.9	2.2	https://www.reuniongold.com/240226-pr
Fenn-Gib	Mayfair Gold	Resource Estimate	-	-	-	114	0.9	3.4	6	0.9	0.2	3.5	0.9	https://mayfairgold.ca/fenn-gib/
Black Pine	Liberty Gold	Resource Estimate	-	-	-	157	0.5	2.6	35	0.4	0.5	3.1	0.5	https://libertygold.ca/images/pdf/SLR_Liberty_Gol d_Black_Pine_NI_43- 101_FINAL_20_March_2023_rfs-min.pdf
Sanutura	Sarama Resources	Resource Estimate	-	-	-	9	1.9	0.6	53	1.4	2.3	2.9	1.5	https://saramaresources.com/portfolio- posts/sanutura-project/
Kobada	Toubani	Resource Estimate	-	-	-	60	0.8	1.5	27	1.0	0.9	2.4	0.9	https://toubaniresources.com/project/
Youanmi	Rox Resources	Resource Estimate	-	-	-	11	4.5	1.6	6	4.2	0.7	2.3	4.4	https://roxresources.com.au/projects/youanmi- project/youanmi-deposits/
Kouri	Asara Resources	Resource Estimate	-	-	-	7	1.4	0.3	43	1.2	1.7	2.0	1.3	https://wcsecure.weblink.com.au/pdf/AS1/027693 11.pdf
Douta	Thor Explorations	Resource Estimate	-	-	-	21	1.3	0.9	24	1.2	0.9	1.8	1.2	https://thorexpl.com/projects/douta-project- senegal/
Japa	Tribune Resources	Resource Estimate	-	-	-	5	2.6	0.4	16	2.7	1.4	1.8	1.8	https://themarketonline.com.au/tribune- resources-asxtbr-delivers-maiden-estimate-for- the-adiembra-prospect-in-ghana-2020-08-11/
Diamba Sud	Fortuna Silver Mines	Resource Estimate	-	-	-	10	1.9	0.6	5	1.5	0.2	0.9	1.8	https://fortunasilver.com/exploration/diamba-sud- gold-project-senegal/
Napie	Mako Gold	Resource Estimate	-	-	-	-	-	-	23	1.2	0.9	0.9	1.2	https://www.makogold.com.au/napie-project.html
Tower Gold	STLLR	PEA / Scoping	-	-	-	151	0.9	4.5	236	1.1	8.3	12.8	1.0	https://stllrgold.com/assets

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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38

Note: Totals may not add up due to rounding.

Sources for Resource Base Benchmarkin (Cont’d) g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
Estelle	Nova Minerals	PEA / Scoping	1	4.1	0.2	323	0.3	3.3	777	0.3	6.5	9.9	0.3	https://novaminerals.com.au/estelle-gold-project/
Fenelon	Wallbridge	PEA / Scoping				31	3.1	3.1	25	3.0	2.4	5.4	3.0	https://wallbridgemining.com/site/assets/files/367 7/amended_ni_43- 101_2023_pea_for_the_fenelon_project_v29d.pdf
Colomac	STLLR	PEA / Scoping	-	-	-	70	1.5	3.4	24	2.2	1.7	5.1	1.7	https://stllrgold.com/assets
Duparquet	First Mining	PEA / Scoping	0	1.4	0.1	65	1.6	3.3	37	1.4	1.6	5.0	1.5	https://firstmininggold.com/_resources/reports/C AGM-43-101-Technical-Report.pdf?v=0408
Novador	Probe Gold	PEA / Scoping	3	2.3	0.3	64	1.6	3.3	17	2.0	1.1	4.6	1.7	https://wp-probegold-2023.s3.ca-central- 1.amazonaws.com/media/2024/03/PEA_technical_ report_mar_26.pdf
Ikkari	Rupert Resources	PEA / Scoping	-	-	-	58	2.2	4.1	4	1.2	0.1	4.2	2.1	https://rupertresources.com/wp- content/uploads/2024/03/240306-March- investor-presentation.pdf
Imbo	Loncor	PEA / Scoping	-	-	-	28	2.1	1.9	21	2.7	1.8	3.7	2.4	https://www.loncor.com/downloads?task=downlo ad.send&id=114&catid=2&m=0
Cangrejos	Lumina	PFS	-	-	-	1,080	0.5	16.8	296	0.4	3.7	20.5	0.6	https://luminagold.com/projects/cangrejos- project/reserves-and-resources/
Bear Track	Revival Gold	PFS	19	0.9	0.5	67	0.9	1.9	51	1.3	2.2	4.6	1.1	https://wp-revivalgold-2023.s3.ca-central- 1.amazonaws.com/media/2023/08/Beartrack- Arnett-Pre-Feasibility-Study-NI-43-101-Techni.pdf
DeLamar	Integra Resources	PFS	37	0.5	0.6	210	0.4	2.4	43	0.3	0.4	3.4	0.4	https://integraresources.com/site/assets/files/283 5/itr_corporate_presentation_-_april_2024_vf.pdf
Kalana	Endeavour	PFS	-	-	-	46	1.6	2.3	5	1.7	0.2	2.6	1.6	https://www.endeavourmining.com/sites/endeavo ur-mining-v2/files/endeavour- mining/investors/disclosure-portal/technical- reports/edv-kalana-pfs-technical-report.pdf
Marban	O3 Mining	PFS	-	-	-	68	1.1	2.4	3	2.2	0.2	2.6	1.2	https://o3mining.com/wp- content/uploads/20240326_Corporate- Presentation.pdf
Kiaka	West African Resources	FS	-	-	-	212	0.9	6.0	72	0.8	1.9	7.9	0.9	https://wcsecure.weblink.com.au/pdf/WAF/027863 44.pdf
Windfall	Osisko Mining	FS	1	11.4	0.3	10	11.4	3.8	12	8.4	3.3	7.4	10.1	https://www.osiskomining.com/projects/windfall/
Stibnite	Perpetua	FS	5	2.4	0.4	127	1.4	5.7	36	1.1	1.2	7.3	1.3	https://perpetuaresources.com/wp- content/uploads/2021/06/2021-01-27-feasibility- study.pdf

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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39

Note: Totals may not add up due to rounding.

Sources for Resource Base Benchmarkin (Cont’d) g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
Meyas Sand	Perseus	FS	-	-	-	80	1.3	3.3	19	1.2	0.7	4.1	1.3	https://minedocs.com/20/Block14_FS_08312020.p df
Dugbe	Pasofino	FS	1	1.4	0.1	80	1.3	3.3	17	1.1	0.6	3.9	1.3	https://s26.q4cdn.com/952577408/files/doc_down loads/2022/12/Dugbe-Gold-Project-NI-43-101- Technical-Report-Feasibility-Study.pdf
Doropo	Centamin	FS	2	1.6	0.1	75	1.3	3.0	7	1.2	0.3	3.4	1.3	https://www.centamin.com/assets/doropo-gold- project/
Cariboo	Osisko Development	FS	0.1	5.1	0.0	15	3.3	1.6	15	3.4	17	3.3	3.4	https://osiskodev.com/wp- content/uploads/2023/01/ODV-Cariboo-FS- Presentation-Jan-2023_FINAL.pdf
Kiniero	Robex Gold	FS	-	-	-	43	1.1	1.5	29	1.2	1.1	2.6	1.1	https://robexgold.com/wp- content/uploads/2023/11/SMG-US-2023-06-01- AMC-technical-report-.pdf
Mallina	De Grey	DFS	5	1.7	0.3	184	1.3	7.8	89	1.3	3.7	11.7	1.3	https://degreymining.com.au/wp- content/uploads/2023/09/20230928-DEG-ASX- DFS-Announcement-Executive-Summary- Combined-lodgement.pdf
Kone	Montage Gold	DFS	-	-	-	240	0.6	4.9	25	0.5	0.4	5.3	0.6	https://www.montagegold.com/kone-gold- project/mineral-inventory/
Eskay Creek	Skeena Resources	DFS	28	3.3	3.0	22	1.6	1.1	1	1.5	0.0	4.1	2.5	https://skeenaresources.com/site/assets/files/6713 /skeena_corporate_presentation_04_01_2024_web site.pdf
Kurmuk	Allied Gold	DFS	18	1.8	1.0	38	1.7	2.1	10	1.7	0.5	3.6	1.7	Kurmuk NI 43-101 Technical Report (09-Jun- 2023)(1)
Nyanzaga	Orecorp	DFS	5	5.0	0.7	20	3.3	2.1	6	2.4	0.5	3.3	3.4	https://orecorp.com.au/upload/documents/invest or/presentations/230906012459_230905OreCorpA DUPresentation.pdf
Twin Hills	Yintai Gold	DFS	1	1.5	0.0	84	1.1	2.9	7	1.1	0.3	3.2	1.1	https://osinoresources.com/wp- content/uploads/2023/07/Osino-DFS.pdf
Lafigue	Endeavour	DFS	-	-	-	46	2.0	3.0	2	2.1	0.1	3.1	2.0	https://www.endeavourmining.com/media/news/e ndeavour-launches-construction-lafigue-project- dfs-confirms-its-potential-be
Blackwater	Artemis Gold	In Construction	427	0.7	8.9	170	0.5	2.8	17	0.5	0.2	11.9	0.6	https://www.artemisgoldinc.com/_resources/repor ts/Blackwater-Gold-Project-Feasibility-Study-NI- 43-101-Technical-Report.pdf
Tocantinzinho	G Mining Ventures	In Construction	18	1.5	0.8	31	1.3	1.3	2	1.0	0.1	2.2	1.3	https://minedocs.com/22/Tocantinzinho-FS- 12102021.pdf
Obuasi	AngloGold Ashanti	Production	4	7.8	0.9	29	7.0	6.4	35	8.5	9.6	16.9	8.3	https://thevault.exchange/?get_group_doc=143/1 708693258-PreliminaryFinancialUpdate2023- Report.pdf

Note: Totals may not add up due to rounding.

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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40

1. Available on SEDAR+.

Sources for Resource Base Benchmarkin (Cont’d) g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
Kibali	Barrick Gold	Production	42	3.6	4.9	104	3.0	10.2	29	2.3	2.2	16.9	3.2	https://s25.q4cdn.com/322814910/files/doc_news /2024/02/Geologically_Driven_Asset_Management _Delivers_Third_Successive_Year_of_Reserve_Growt h.pdf#page=7
Loulo	Barrick Gold	Production	39	3.6	4.5	66	4.0	8.6	20	2.4	1.5	14.6	3.6	https://s25.q4cdn.com/322814910/files/doc_news /2024/02/Geologically_Driven_Asset_Management _Delivers_Third_Successive_Year_of_Reserve_Growt h.pdf#page=7
Siguiri	AngloGold Ashanti	Production	14	0.6	0.3	240	1.0	7.6	102	1.2	3.8	11.7	1.0	https://thevault.exchange/?get_group_doc=143/1 708693258-PreliminaryFinancialUpdate2023- Report.pdf
Wassa	Chifeng Gold	Production	6	4.5	0.8	23	3.6	2.7	74	3.4	8.2	11.7	3.5	https://s28.q4cdn.com/583965976/files/doc_down loads/2021/11/02/LON-TSX-REP-Wassa-Dec2020- NI43-101-Tech-Report-DRAFT-v20210301-(final)- CONFORMED.pdf
Syama	Resolute	Production	32	2.8	2.9	64	2.8	5.7	33	1.6	1.7	10.3	2.5	https://www.rml.com.au/wp- content/uploads/2024/03/240308-RSG-ASX-Ore- Reserve-and-Mineral-Resource-December- 2023.pdf
Tarkwa	Gold Fields	Production	55	1.2	2.1	200	1.0	6.5	5	1.4	0.2	8.8	1.1	https://www.goldfields.com/pdf/investors/integrat ed-annual-reports/2023/gold-fields-mrmr-2023- supplement.pdf
Fekola	B2Gold	Production	48	1.6	2.5	95	1.3	4.0	18	1.3	0.7	7.3	1.5	https://www.b2gold.com/projects/producing/fekol a/
Ahafo	Newmont	Production	8	1.4	0.3	46	2.9	4.2	27	2.3	1.9	6.4	2.7	https://operations.newmont.com/_doc/Newmont- 2023-Reserves-and-Resources-Release.pdf
Sabodala- Massawa	Endeavour	Production	21	1.2	0.8	67	2.2	4.7	9	1.9	0.5	6.0	1.9	https://www.endeavourmining.com/our- business/sabodala-massawa-mine
Iduapriem	AngloGold Ashanti	Production	7	1.1	0.3	96	1.4	4.3	25	1.4	1.1	5.7	1.4	https://thevault.exchange/?get_group_doc=143/1 708693258-PreliminaryFinancialUpdate2023- Report.pdf
Ity	Endeavour	Production	11	0.8	0.3	78	1.7	4.2	16	1.6	0.8	5.4	1.6	https://www.endeavourmining.com/our- business/ity-mine
Bombore	Orezone	Production	28	0.8	0.7	152	0.8	3.8	20	1.0	0.6	5.1	0.8	https://orezone.com/en/bombore- project/resources-reserves/
Asanko	Galiano Gold	Production	7	0.7	0.2	75	1.4	3.3	25	1.3	1.1	4.6	1.3	https://www.galianogold.com/operations/asanko- gold-mine/default.aspx#operating-reserves
Hounde	Endeavour	Production	3	1.2	0.1	71	1.6	3.7	12	1.7	0.7	4.5	1.6	https://www.endeavourmining.com/our- business/hound%C3%A9-mine
Abujar	Tietto	Production	12	1.2	0.5	39	1.2	1.5	73	0.8	1.9	3.8	1.0	https://wcsecure.weblink.com.au/pdf/TIE/0279050 4.pdf

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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41

Note: Totals may not add up due to rounding.

Sources for Resource Base Benchmarkin (Cont’d) g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
Essakane	IAMGOLD	Production	21	0.6	0.4	66	1.4	3.0	8.3	1.5	0.4	3.8	1.2	https://s202.q4cdn.com/468687163/files/doc_new s/2024/02/iag240215_mrmr-2023-update_v0- 9.pdf
Yaoure	Perseus	Production	4	0.8	0.1	50	1.7	2.7	11	1.9	0.7	3.5	1.7	https://wcsecure.weblink.com.au/pdf/PRU/027011 83.pdf
Tasiast	Kinross Gold	Production	10	0.9	0.3	49	1.0	1.6	20	2.4	1.5	3.4	1.6	https://s2.q4cdn.com/496390694/files/doc_financi als/2023/ar/2023-annual-report-low-res.pdf
Mana	Endeavour	Production	7	1.4	0.3	29	2.2	2.0	8	3.5	0.9	3.2	2.4	https://www.endeavourmining.com/our- business/mana-mine
Damang	Gold Fields	Production	14	1.2	0.5	31	2.0	1.9	8	2.2	0.6	3.0	1.9	https://www.goldfields.com/pdf/investors/integrat ed-annual-reports/2023/iar-2023-lowres.pdf
Buckreef	TRX	Production	21	2.0	1.4	18	1.5	0.8	20	1.1	0.7	2.9	1.6	https://s28.q4cdn.com/275607795/files/doc_down loads/2022/05/Buckreef-43-101.pdf
Akyem	Newmont	Production	21	1.2	0.8	16	3.0	1.5	6	2.8	0.5	2.8	2.6	https://operations.newmont.com/_doc/Newmont- 2023-Reserves-and-Resources-Release.pdf
Bibiani	Asante Gold	Production	1	1.8	0.1	20	2.7	1.8	9	2.8	0.7	2.6	2.7	https://drive.google.com/file/d/1JeLt6Vg2uXUX3Z 2IVjIbQrVqbxx3vtLR/view
Edikan	Perseus	Production	16	1.1	0.5	47	1.0	1.5	6	1.6	0.3	2.4	1.1	https://wcsecure.weblink.com.au/pdf/PRU/027011 83.pdf
Seguela	Fortuna Silver Mines	Production	0	2.1	0.0	16	2.9	1.5	3	2.5	0.2	1.8	2.8	https://fortunasilver.com/site/assets/files/12848/tr _seguela_mine_240216.pdf
Yanfolila	Hummingbird	Production	4	1.0	0.1	12	2.7	1.1	8	2.0	0.5	1.7	2.2	https://polaris.brighterir.com/public/hummingbird /news/rns/story/w3j102x
Chirano	Asante Gold	Production	9	1.4	0.4	19	1.2	0.7	6	1.9	0.4	1.5	1.6	https://drive.google.com/file/d/1NfAXd4jpUcjX7G f_hFszXDh9QPqSDVor/view
Kouroussa	Hummingbird	Production	0	1.6	0.0	8	3.4	0.9	4	2.4	0.3	1.2	3.1	https://polaris.brighterir.com/public/hummingbird /news/rns/story/w3j102x
Tongon	Barrick Gold	Production	5	2.2	0.4	8	2.2	0.6	3	2.4	0.2	1.2	0.9	https://s25.q4cdn.com/322814910/files/doc_news /2024/02/Geologically_Driven_Asset_Management _Delivers_Third_Successive_Year_of_Reserve_Growt h.pdf#page=7
Boungou	Lilium Capital	Production	1	2.8	0.1	8	3.7	0.9	0	2.6	0.0	1.0	3.6	https://www.endeavourmining.com/sites/endeavo ur-mining-v2/files/2023-12/231206%20- %20Endeavour%20Mining%20Corporate%20Prese ntation_December.pdf

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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42

Note: Totals may not add up due to rounding.

Sources for Resource Base Benchmarkin (Cont’d) g

Asset	Owner	Asset Stage	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Contained Gold (Moz)	Total Resource Grade (g/t)	Source
			Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)	Tonnage (Mt)	Grade (g/t)	Contained Gold (Moz)
Wahgnion	Lilium Mining	Production	8	1.5	0.4	11	1.9	0.6	1	1.2	0.0	1.0	1.7	https://www.endeavourmining.com/sites/endeavo ur-mining-v2/files/2023-12/231206%20- %20Endeavour%20Mining%20Corporate%20Prese ntation_December.pdf
Mako	Resolute	Production	5	1.1	0.2	6	1.8	0.4	11	1.2	0.4	0.9	1.4	https://www.rml.com.au/wp- content/uploads/2024/03/240308-RSG-ASX-Ore- Reserve-and-Mineral-Resource-December- 2023.pdf
Sissingue	Perseus	Production	4	1.6	0.1	2	1.9	0.1	0.1	1.8	0.1	0.3	1.7	https://wcsecure.weblink.com.au/pdf/PRU/027011 83.pdf
Yaramoko	Fortuna Silver Mines	Production	0	4.8	0.0	1	6.2	0.3	0.2	3.5	0.0	0.3	6.8	https://fortunasilver.com/mines/yaramoko-mine- burkina-faso/#mineral-reserves-and-resources

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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43

Note: Totals may not add up due to rounding.

Sources for Production and Ca ex Benchmarkin p g

Asset	Owner	Asset Stage	Production (Koz)	Initial Capex (US$m)	Source
Nyanzaga	Orecorp	DFS	234	$474	https://orecorp.com.au/projects/tanzania/nyanzaga-project
Kone	Montage Gold	FS	223	$712	https://www.montagegoldcorp.com/_resources/presentations/corporate- presentation.pdf?v=0318?v=0.713?v=0.253?v=0.474
Kiaka	West African Resources	FS	220	$430	https://wcsecure.weblink.com.au/pdf/WAF/02786344.pdf
Lafigue	Endeavour	DFS	203	$448	https://www.endeavourmining.com/media/news/endeavour-launches-construction-lafigue- project-dfs-confirms-its-potential-be
Kurmuk	Allied Gold	FS	199	$499	Kurmuk NI 43-101 Technical Report (09-Jun-2023)(1)
Doropo	Centamin	DFS	173	$349	https://www.centamin.com/assets/doropo-gold-project/
Meyas Sand	Perseus	FS	167	$321	https://minedocs.com/20/Block14_FS_08312020.pdf
Dugbe	Pasofino	FS	162	$397	https://s26.q4cdn.com/952577408/files/doc_presentations/2024/pasofino-corporate- presentation.pdf
Twin Hills	Yintai Gold	DFS	162	$365	https://osinoresources.com/wp-content/uploads/2023/06/2023_06_12_OSI_PR-DFS-Results- FINAL.pdf
Kalana	Endeavour	PFS	150	$297	https://www.endeavourmining.com/sites/endeavour-mining-v2/files/endeavour- mining/investors/disclosure-portal/technical-reports/edv-kalana-pfs-technical-report.pdf
Kiniero	Robex Gold	FS	90	$160	https://robexgold.com/kiniero/

Predictive Discovery | West Africa’s next Tier-1 Gold Mine

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44

1. Available on SEDAR+.

Key Risks

This section identifies the areas that the Company regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors. There are numerous widespread risks associated with investing in any form of business, with investing in the exploration, development and mining industry, and with investing in the share market generally. There is also a range of specific risks associated with the Company’s business. The following is a non-exhaustive summary of some of the major risk factors which potential investors need to be aware of.

Geology and Mineral Resource : The Project’s mine designs, production schedules and financial analysis are based on the estimation of tonnages and grades contained within its deposits. Whilst these estimates have been prepared in accordance with the JORC Code (2012), they are inherently uncertain in nature, and there is a risk that actual tonnes and grades will differ from the estimates.

: Regulatory risk Any adverse changes in government policies or legislation may affect ownership of mineral interests, taxation, royalties, land access, labor relations, and Project activities.

Permitting risk : In the ordinary course of business, mining companies are required to seek government approval for the development of new operations. The duration and success of approval processes are contingent upon many variables that are not controlled by companies. The Project is located within the Peripheral Zone of the Upper Niger National Park, and whilst PDI is confident of securing the required approvals, this represents a specific permitting risk for the Project.

Environmental risk : Potential risks include impacts on sensitive flora and fauna, habitat loss, surface water and groundwater contamination, among others. A detailed ESIA has been completed, the Project design contains embedded mitigants, and the development of management plans is underway.

Social risk : In addition to positive impacts, the development and operation of the Project have the potential to create negative impacts if not managed appropriately. These risks relate to dust and noise management, impact on community resources (such as water), loss of livelihood, and social unrest. The ESIA process included extensive community engagement, and the development of management plans and frameworks is underway.

Health risk : Health crises, such as epidemics or pandemics, pose a risk to project continuity, potentially leading to workforce shortages, supply chain interruptions, and changes in regulatory or market conditions.

Geotechnical risk : In line with a PFS level study, various risks and uncertainties remain with respect to geotechnical conditions and parameters. These risks relate to the availability of borrow materials for construction, ground conditions at selected infrastructure locations, slope stability of open pits wall, WRDs and the TSF, underground design and support requirements, paste fill parameters and costs.

: Hydrology and hydrogeology risk In line with a PFS level study, various risks and uncertainties remain. These risks relate to site water management, seasonal fluctuations, groundwater recharge, and flood protection (risk largely limited to the BC pit).

Metallurgy and processing risk : In line with a PFS level study, various risks and uncertainties remain with respect to metallurgy and processing. These risks relate to materials handling, achievement of throughput rates and recoveries, consumption levels for consumables, suitability of tailings for dry-stacking at the TSF or underground paste fill.

Cost estimation risk : Capital and operating costs have been prepared as an AACE Class 4 estimate with a level of accuracy of ± 25%. Cost estimates are inherently uncertain in nature, and there is a risk that actual costs may differ from the estimates.

Input cost risk : The capital and operating costs rely on several input factors, such as labor rates, equipment costs, consumables costs, fuel costs, freight costs, and exchange rates. There is a risk that actual costs may differ from estimates adopted for the PFS.

Workforce risk : Construction and operation of the Project will require significant workforces, and there is a risk that the required skilled and unskilled labor will not be available given competing projects globally.

Funding risk : PDI will be required to fund the Project’s upfront capital cost of US$456 million. There is no guarantee that debt and equity funding will be available or that funding will be available on satisfactory terms.

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Material ASX releases

PFS DELIVERS ATTRACTIVE FINANCIALS & 3.05MOZ ORE RESERVE, 15/04/2024 EXCELLENT RESULTS FROM ARGO CENTRAL TREND, 9/04/2024 SOUNSOUN, SB AND SEB TARGETS ADVANCED BY LATEST DRILLING, 1/02/2024 DRILLING AT BANKAN DELIVERS MORE POSITIVE RESULTS, 11/12/2023 QUARTERLY ACTIVITIES/APPENDIX 5B CASH FLOW REPORT, 26/10/2023 PROMISING RESULTS FROM ACROSS THE BANKAN GOLD PROJECT, 24/10/2023 FURTHER SOLID DRILLING RESULTS FROM THE NEB & BC AREA, 12/09/2023 ECNOURAGING INITIAL ARGO RC RESULTS, 29/08/2023 BANKAN MINERAL RESOURCE INCREASES TO 5.38MOZ, 7/08/2023 RESOURCE DEFINITION DRILLING RESULTS, 7/08/2023 ENCOURAGING DRILL RESULTS AT NEB, BC AND NEARBY TARGETS, 19/06/2023 ARGO TARGET UPGRADED BY RECENT AUGER RESULTS, 19/06/2023 POSITIVE RESOURCE DRILLING RESULTS FROM NEB AND BC, 5/06/2023 MULTIPLE HIGH PRIORITY TARGETS IDENTIFIED AT ARGO, 22/05/2023 RC DRILLING UNDERWAY AT NEAR-RESOURCE TARGETS, 6/04/2023 INFILL DRILLING RESULTS, 4/04/2023

HIGH-GRADE INTERCEPT EXTENDS UNDERGROUND MINERALISATION, 21/02/2023 45% OF NEB’S 3.85MOZ MINERAL RESOURCE UPGRADED TO INDICATED, 6/02/2023 OUTSTANDING INFILL DRILLING RESULTS CONTINUE, 30/01/2023 PROMISING NEAR-RESOURCE DRILLING AND GEOPHYSICS RESULTS, 30/11/2022 POSITIVE INFILL DRILL RESULTS & GRADE CONTROL PROGRAM COMPLETE, 10/11/2022 HIGH GRADE GOLD 200M BELOW NE BANKANS 3.9MOZ RESOURCE, 29/09/2022 IMPRESSIVE GOLD HITS CONTINUE AT 4.2MOZ BANKAN GOLD RESOURCE , 25/08/2022 4.2MOZ BANKAN GOLD RESOURCE, 01/08/2022

DEEPEST HOLE TO DATE INTERCEPTS GOLD 630M DOWN DIP, 15/06/2022 APPOINTMENT OF NON-EXECUTIVE DIRECTOR, 7/06/2022 PDI RECEIVES FIRM COMMITMENTS FOR $55M PLACEMENT, 30/05/2022 60,000M DRILL PROGRAM UNDERWAY AT BANKAN & KEY APPOINTMENTS, 19/05/2022 41.5M @ 5.2G/T AU INTERSECTED AT NE BANKAN, 27/04/2022 MULTI-DEPOSIT POTENTIAL GROWS WITH STRONG RESULTS, 02/02/2022

33M @ 4.5 G/T AU AT NE BANKAN, GUINEA, 13/01/2021 BANKAN PROJECT GROWS WITH NEW GOLD DISCOVERIES, 16/12/2021 PREDICTIVE INTERSECTS 34M @ 5.5 G/T AU AT NE BANKAN, 09/12/2021 FURTHER DEPTH EXTENSION TO BANKAN HIGH-GRADE GOLD, 22/11/2021 HIGH-GRADE GOLD ZONE EXTENDED BELOW RESOURCE PIT SHELL, 03/11/2021 AC DRILLING IDENTIFIES NEW GOLD PROSPECTS AT BANKAN, 28/10/2021

NE BANKAN HIGH-GRADE GOLD ZONE REINFORCED AND EXTENDED, 19/10/2021 BANKAN UPDATE, 12/10/2021

3.65 MILLION-OUNCE BANKAN MAIDEN MINERAL RESOURCE ESTIMATE, 30/09/2021 28M @ 12.1G/T GOLD 1.5 KM FROM NE BANKAN, 23/09/2021 HIGH-GRADE GOLD ZONE CONFIRMED UP TO 400M VERTICAL DEPTH, 16/09/2021 EXCELLENT GOLD RECOVERIES FROM BANKAN METALLURGICAL TESTWORK, 14/09/2021 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 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

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Predictive Discovery | West Africa’s next Tier-1 Gold Mine