PREDICTIVE DISCOVERY LIMITED — Regulatory Filings 2012

Dec 12, 2012

13[th] December 2012

ASX Announcement

Predictive Discovery Limited is a gold exploration company with advanced exploration projects in Burkina Faso, West Africa and strong technical capabilities.

ASX: PDI

Issued Capital: 234M shares

Share Price: 7.3cents

Market Capitalisation: $ 17 M

Cash: $3M

Directors

Phillip Harman Non-Exec Chairman

Paul Roberts Managing Director

Bobby Danchin Non-Executive Director

c Tom Whiting Non-Executive Director

Phil Henty Non-Executive Director

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Drilling Program Commences in Burkina Faso

Predictive Discovery Limited ( ASX: PDI ) is pleased to announce that the planned 3,000m drilling program on its Eastern Burkina Faso Gold Project (Figure 1) commenced on 12[th] December 2012 following the end of the wet season.

The drilling program will test five prospects that hold potential for high grade gold deposits – Bongou, Prospect 71, Madyabari, Tambiri South and Solna. High grade intercepts have been recorded at four of the prospects previously, including:

Bongou (PDI drilling):

20m at 4.8g/t Au from 70m (only hole drilled to date)

Solna (PDI drilling):

6m at 20g/t Au from 40 m

2m at 56g/t Au from 65 m

7m at 13g/t Au from 117 m

Tambiri South (1 km south of high grade Tambiri Prospect):

6m at 5.2g/t Au from 90 m (historical drilling)

Prospect 71 :

4m at 15g/t Au from 23 m (historical drilling)

4m at 7.1g/t Au from 20 m (PDI drilling)

This program is focused on testing high grade targets revealed by earlier exploration work. PDI’s objective is to identify the prospects with the best combination of high grade and ore continuity to enable follow-up drill programs which can delineate mineral resources rapidly and cost efficiently.

The drilling has commenced at Bongou and will proceed to Prospect 71 and then Madyabari, the recently announced high grade, artisanal gold rush area. The rig will then move up to the Bangaba permit to test Solna and Tambiri South.

Samples will be submitted for analysis progressively during the program. The first assay results are expected in January 2013 and will be released as they come to hand.

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Drilling at Bongou is testing along strike to the east and west from the initial high grade intersection. The planned holes at Madyabari are aimed at three or more flat veins as reported by the artisanal miners, some parts of which appear to contain very high gold grades. At Prospect 71 and Tambiri South , the drill holes will test at depth and along strike from historical holes with high grades. At Solna , the drilling will seek to confirm the current shallow-plunging ore shoot model by infill and extension drilling along strike from earlier high grade gold intercepts.

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Figure 1: Locality of Madyabari gold rush in Eastern Burkina Faso on Government geological map. PDI permits are in brown. Selected prospects shown as yellow dots.

About Predictive Discovery:

Predictive Discovery Limited (PDI) was established in late 2007 to explore for gold and uranium. The Company is focused principally on exploration for gold in West Africa with one additional gold project in Australia. PDI has a distinctive technological capability, known as Predictore [TM] , which is designed to increase drill targeting efficiency thereby reducing ore discovery cost. The Company’s major focus is in Burkina Faso, West Africa where it has assembled a substantial regional ground position totalling 1,544km[2] and is exploring for large open-pittable gold ore deposits.

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Competent Persons Statement

The exploration results reported herein, insofar as they relate to mineralisation, are based on information compiled by Mr Paul Roberts (Fellow of the Australian Institute of Geoscientists). Mr Roberts 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 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2004 Edition). Mr Roberts consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

For further details please contact:

Paul Roberts

Ian Hobson

Managing Director

Company Secretary

Tel: +61 8 9216 1020

Email: paul.roberts@predictivediscovery.com

Tel: +61 8 9216 1020 Email: ianhobson@bigpond.com

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