PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2021

Sep 29, 2021

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• A ONCE IN A DECADE WORLD-CLASS GOLD DISCOVERY

Bankan Maiden Resource Estimate

ASX : PDI SEPTEMBER 2021

>[FORWARD LOOKING STATEMENTS & DISCLAIMER]

This presentation contains only a brief overview of Predictive Discovery Ltd and its associated entities (“PDI or Predictive”) and their respective activities. The contents of this presentation, including matters relating to the geology of the projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification.

This presentation contains a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Predictive’s control, may cause the actual results, performance and achievements of PDI to differ materially from those expressed or implied in this presentation.

To the maximum extent permitted by law, PDI does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of PDI, and will not be responsible for any loss or damage arising from the use of the information. The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Predictive or its activities.

Competent Person Statement

The Mineral Resource estimates reported herein are based on information compiled by Mr Phil Jankowski, who is a member of The Australasian Institute of Mining and Metallurgy. Mr Jankowski is a full-time employee of CSA Global Pty Ltd 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 Jankowski consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The Company has released all material information that relates to Exploration Results on a continuous basis to ASX and in compliance with JORC 2012 . The Company confirms that it is not aware of any new information that materially affects the content of this release.

The exploration results reported herein are based on information compiled by Mr Paul Roberts (Fellow of the Australian Institute of Geoscientists). Mr Roberts is a full-time of the and has sufficient relevant to the of mineralisation and of considered to as a employee company experience style type deposits being qualify Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Roberts consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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>[AN EMERGING TIER-1 GOLD DISCOVERY STORY] Bankan’s maiden Mineral Resource only the beginning of discovery journey

3.65 million ounces Inferred Mineral Resource of 72.8 million tonnes at 1.56g/t Au

High-grade zone recently discovered, presents significant potential for further growth

A$4.0/oz = US$2.9/oz Resource discovery cost per ounce

Metallurgical Work

Scoping study-level metallurgical testwork has been very promising with no recovery issues identified

17 months since NE Bankan discovery drillholes

356km[2]

in an emerging world-class gold discovery hotspot, Guinea’s Siguiri Basin

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> BANKAN MAIDEN RESOURCE ESTIMATE

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Includes NE Bankan and Bankan Creek Deposits

Cutoff	Tonnes	Grade Au g/t	Contained Au ounces		Deposit	Weathering	Million Tonnes	Grade Au g/t	‘000 Contained Au ounces
0.3	90,262,257	1.33	3,864,058
					NE Bankan	Laterite	2.15	0.97	67
0.4	80,608,698	1.45	3,758,532
						Saprolite	11.54	1.08	401
0.5	72,797,773	1.56	3,645,525
						Primary	51.87	1.71	2,852
0.6	66,247,864	1.66	3,529,957
					Bankan Creek	Laterite	0.15	1.04	5
0.7	58,248,230	1.8	3,363,101
						Saprolite	1.01	1.83	59
0.8	51,561,077	1.93	3,204,003
						Primary	6.08	1.37	268
0.9	45,000,505	2.09	3,024,860
1.0	38,235,152	2.29	2,818,224		Total	Inferred	72.80	1.56	3,646
1.1	31,860,352	2.54	2,605,071		Notes: • See page 24 for complete Resource Table and Competent Person notes • Rounding may lead to minor apparent discrepancies. • Reported as an_in situ_undiluted Resource at a 0.5 g/t Au cut-off grade within a US$1,800/oz optimised pit shell • All reported Mineral Resource ounces are in the Inferred Resource category • High retention of contained gold ounces as the cut-off grade is lifted, demonstrating a robust ore body. • Includes drillholes BNERD0090 & BNERD0091 - ASX Ann. 16th Sept 2021
1.2	27,294,936	2.78	2,437,740
1.3	23,167,280	3.05	2,271,925
1.4	19,417,423	3.38	2,109,243
1.5	16,397,260	3.74	1,969,418
1.6	14,350,723	4.05	1,868,090
1.7	12,798,629	4.34	1,786,231
1.8	11,477,882	4.64	1,712,319
1.9	10,378,241	4.94	1,647,267
2.0	9,352,369	5.27	1,583,281

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>[BANKAN PROJECT PLAN VIEW]

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1 km
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>[NE BANKAN PERSPECTIVE VIEW]

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US$1,800/oz optimised pit shell
1.6km
1.0km
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RESOURCE BLOCK MODEL Legend

> 3.0/t Au

1.0 – 3.0g/t Au

0.5 – 1.0g/t Au

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>[NE BANKAN’S HIGH GRADE CORE]

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Outstanding mineralisation continuity at higher cut-off grades

RESOURCE BLOCK MODEL

Legend > 3.0g/t Au

1.0 – 3.0g/t Au

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Open
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Open
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>[METALLURGICAL TESTWORK]

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Scoping study-level testwork has delivered excellent initial results

Sample	Lithology	Assay Head (g/t Au)	Leach Extraction (%)	Leach Extraction (%)	Cyanide consumption (kg/t)	Lime consumption (kg/t)
			12 hour	24 hour
Comp A	Altered tonalite (high-grade)	2.79	96.7%	98.5%	1.13	0.00
MT001 and MT010	Altered tonalite (low-grade)	1.20	91.4%	98.4%	1.05	0.00
MT007 and MT008	Skarn, marble, tonalite, vein quartz	1.71	89.0%	95.8%	0.88	0.00
MT011	Mafic volcanics	2.04	95.7%	98.0%	1.19	0.00
Comp B	Weathered saprolite	1.00	88.9%	94.2%	1.57	0.30

• Free milling gold

• 94.2-98.5% gold recoveries under standard conditions (75-micron grind, 24 hours)

• Gravity gold recoveries of 19.6% to 37% in main hard rock ore types

• Ore suitable for conventional processing plant

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ADDING > OUNCES

Bankan’s gold exploration story is just beginning….

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> ADDING NE BANKAN LONG SECTION OUNCES

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> ADDING BANKAN PROJECT OUNCES

Cross Section 1175100N – block model

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> ADDING BANKAN PROJECT OUNCES

Cross Section 1175020N – block model

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> ADDING BANKAN CREEK OUNCES Only 3km west of the NE Bankan discovery

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> ADDING ROOM TO GROW OUNCES 35km-long gold corridor has potential to host numerous large gold deposits

AEROMAG DELIVERS 12 HIGH-VALUE DRILL TARGETS

• Targets are located on interpreted ENE faults, crosscutting a newly recognised major 35km-long NNW structural corridor

• Structural corridor has potential to host numerous “NE Bankan-style” discoveries

• Lithological and structural elements controlling gold mineralisation at NE Bankan have provided a new model for gold discovery

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> ADDING DISCOVERED BY DESIGN OUNCES

Disciplined strategy and technical rigour rewarded with new discoveries

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• Major NNW structural trends delivers widespread gold e.g. from shallow power auger drilling at AG1

• Power auger continues to make new discoveries from other structural

• targets, with KA2 a shallow new gold discovery

• Numerous targets yet to be tested

• Aggressive power auger and aircore drilling to continue in the next 12

• months

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W E
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> ADDING OUNCES

Promising Prospect

• Strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits

• Power auger drilling has returned shallow high-grade gold along a corridor of interpreted NE orientated structures

• New exploration programs (in upcoming dry season) to fully realise project value

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>[KOUNDIAN PROJECT]

Promising early exploration with no deep drilling completed

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>[PREDICTIVE CONTROLS 356km][2]

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Strategically located on the western margin of the Siguiri Basin along a major regional structure

Lefa mine

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> ADDING OUNCES

GOLD DISCOVERY IS IN OUR DNA

Supported by African-focused corporate and finance executives

PAUL ROBERTS BSc, MSc, FAIG

FRANCIS HARPER

STEVEN MICHAEL

ANDREW PARDEY

BARRY MURPHY

B.A, Hons, Ph.D

Chief Geologist

Non-Executive Chairman

Managing Director

Non-Executive Director

Non-Executive Director

Formerly CEO of LSE/TSX listed Centamin plc, the owner of the 450koz pa Sukari Mine. A geologist with extensive mine and development experience in North and West Africa. Currently Chairman of Tanga Resources Limited (ASX: TRL) and non-executive director of Marvel Gold Limited (ASX: MVL)

Steven has over 25 years’ Barry is a structural geologist with 10+ experience in the global resources years experience working in West sector specialising in corporate Africa with experience in Australia, finance and equity capital Sudan, DRC, South America, Indonesia markets. Currently Non-Executive and Europe. Barry played a major role Director of Tanga Resources Limited in the regional targeting work that led (ASX: TRL) to the Kaninko discovery.

Paul is a geologist with 11 years experience working in West Africa and is associated with a number of discoveries including the Henty gold deposit in Tasmania, and the PDI Bankan discovery.

Currently Chairman and major shareholder of Tietto (ASX: TIE) and founder and co-owner of Blackwood Capital, which has raised over $A1B for mining and industrial stocks since founding. He was formerly Chairman and major shareholder of West African Resources (ASX: WAF)

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AIME NGANARE

MSc, MBA

Principal Geologist

Aimé has over 18 years of experience in orogenic gold exploration in Central and West Africa, including his role as General Manager of the Geological Survey of the Central African Republic.

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> CAPITAL STRUCTURE

Well funded and fully supported by our world-class corporate and technical partners

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SHARES
ON ISSUE
1,350m
CASH
A$24m
MKT CAP
(A$0.16)
A$208m
TOP SHAREHOLDERS
11% Capital DI limited
5% Van Eck
5% Franklin Templeton
4% Lowell Resources Fund
TECHNICAL PARTNERS
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ANALYST COVERAGE
$0.20
$0.18
$0.16
$0.14
High-grade gold
$0.12
zone recognised
$0.10
$0.08
$0.06
$0.04
NE Bankan
$0.02
Discovery
$-
7-Mar-20 27-May-20 27-Jul-20 27-Sep-20 27-Nov-20 27-Jan-21 27-Mar-21 27-May-21 27-Jul-21 27-Sep-21
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> SOCIAL & ENVIRONMENTAL

STRENGTHENING OUR RELATIONSHIPS with the Bankan communities

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• Bankan Women’s Agricultural Program Improving the living conditions and empowering the women of Bankan Village and Kouroussa through development of market gardens.

> Children’s School Program

Donation of school supplies to five schools located within the Bankan Gold Project exploration permits.

> Environmental and Social Baseline Studies

Company is undertaking initial social and environmental studies with West African-based consultants.

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>[NEXT 12 MONTHS]

Continuous focus on exploration and discovery

OUR FOCUS IS ALL ABOUT MAKING NEW DISCOVERIES AND ADDING OUNCES

The Bankan gold story is just beginning

Resource confirms Bankan as a major new discovery

Ramping up exploration

Ongoing gold discovery in new high-grade areas, regional targets and Bankan Creek

Funded for success

Fully funded treasury to be deployed for aggressive expansion of drill programs

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For further information contact:

PAUL ROBERTS Managing Director Phone: +61 402 857 249 Email: paul.roberts@predictivediscovery.com

predictivediscovery.com

CHRIS SWALLOW Corporate Development Phone: +61 412 174 882 Email: chris.swallow@predictivediscovery.com

ASX:PDI

Investor Presentation | 22

> BANKAN MINERAL RESOURCE ESTIMATE

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Full table and totals

NE BANKAN	NE BANKAN	NE BANKAN	NE BANKAN	BANKAN CREEK	BANKAN CREEK	BANKAN CREEK	BANKAN CREEK	TOTALS	TOTALS	TOTALS	TOTALS
Cutoff Au g/t	Tonnes	Grade Au g/t	Contained Au ounces	Cutoff Au g/t	Tonnes	Grade Au g/t	Contained Au ounces	Cutoff Au g/t	Tonnes	Grade	Ounces
0	95,515,657	1.18	3,614,576	0	8,964,356	1.22	352,706	0	104,480,013	1.18	3,967,282
0.1	94,847,388	1.18	3,613,287	0.1	8,964,356	1.22	352,706	0.1	103,811,744	1.19	3,965,993
0.2	92,422,238	1.21	3,600,811	0.2	8,952,028	1.23	352,639	0.2	101,374,266	1.21	3,953,450
0.3	81,552,613	1.34	3,513,445	0.3	8,709,644	1.25	350,613	0.3	90,262,257	1.33	3,864,058
0.4	72,373,263	1.47	3,413,103	0.4	8,235,435	1.3	345,429	0.4	80,608,698	1.45	3,758,532
0.5	65,562,063	1.57	3,314,560	0.5	7,235,710	1.42	330,965	0.5	72,797,773	1.56	3,645,525
0.6	59,801,863	1.67	3,212,702	0.6	6,446,001	1.53	317,255	0.6	66,247,864	1.66	3,529,957
0.7	52,796,432	1.81	3,066,303	0.7	5,451,798	1.69	296,798	0.7	58,248,230	1.8	3,363,101
0.8	46,792,763	1.94	2,923,466	0.8	4,768,314	1.83	280,537	0.8	51,561,077	1.93	3,204,003
0.9	40,682,038	2.11	2,756,472	0.9	4,318,467	1.93	268,388	0.9	45,000,505	2.09	3,024,860
1	34,282,544	2.32	2,561,011	1	3,952,608	2.02	257,213	1	38,235,152	2.29	2,818,224
1.1	28,568,657	2.58	2,369,957	1.1	3,291,695	2.22	235,114	1.1	31,860,352	2.54	2,605,071
1.2	24,358,938	2.83	2,215,663	1.2	2,935,998	2.35	222,077	1.2	27,294,936	2.78	2,437,740
1.3	20,447,057	3.13	2,058,450	1.3	2,720,223	2.44	213,475	1.3	23,167,280	3.05	2,271,925
1.4	16,928,938	3.5	1,905,752	1.4	2,488,485	2.54	203,491	1.4	19,417,423	3.38	2,109,243
1.5	14,110,569	3.91	1,775,269	1.5	2,286,691	2.64	194,149	1.5	16,397,260	3.74	1,969,418
1.6	12,202,457	4.28	1,680,795	1.6	2,148,266	2.71	187,295	1.6	14,350,723	4.05	1,868,090
1.7	10,716,457	4.65	1,602,442	1.7	2,082,172	2.75	183,789	1.7	12,798,629	4.34	1,786,231
1.8	9,477,313	5.03	1,533,121	1.8	2,000,569	2.79	179,198	1.8	11,477,882	4.64	1,712,319
1.9	8,499,369	5.4	1,475,269	1.9	1,878,872	2.85	171,998	1.9	10,378,241	4.94	1,647,267
2	7,576,600	5.82	1,417,713	2	1,775,769	2.9	165,568	2	9,352,369	5.27	1,583,281

Notes to Resource table:

1. The Mineral Resource is estimated with all drilling data available at 11[th] September 2021. Drillholes BNERD0090 and BNERD0091(reported to ASX on 16 September 2021) were included in the resource database.

2. The Mineral Resource is reported in accordance with the JORC Code 2012 Edition at a 0.5g/t cut-off.

3. The Competent Person is Phil Jankowski MAusIMM (CP) of CSA Global.

4. The Mineral Resources are constrained by optimised pit shells using a metal price of USD1,800 per ounce Au and process recovery of 94%.

5. Rounding may lead to minor apparent discrepancies.

Investor Presentation | 23

MATERIAL ASX RELEASES

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, 24/08/2021 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

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ADDITIONAL PERMITS ALONG STRIKE FROM FLAGSHIP BANKAN PROJECT, 17/09/2020 55M AT 2.94G/T GOLD-BROAD TRUE WIDTHS CONFIRMED AT BANKAN, 10/09/2020 NE BANKAN NOW 1.6KM LONG WITH POSSIBLE PARALLEL GOLD ZONE, 3/09/2020 BANKAN CREEK GOLD ZONE FURTHER EXPANDED, 27/08/2020 STRONG WIDE GOLD INTERCEPTS FROM BANKAN CREEK AND NE BANKAN, 19/08/2020 OUTSTANDING HIGH-GRADE GOLD RESULTS FROM NE BANKAN, GUINEA, 7/08/2020 DIAMOND DRILLING CONFIRMS GOLD AT DEPTH AT NE BANKAN, GUINEA, 31/07/2020 IMPRESSIVE 1ST RC DRILL RESULTS GROW NE BANKAN DISCOVERY, 17/07/2020 NE BANKAN DISCOVERY GUINEA EXTENDED 30% TO 1.3KM IN LENGTH, 30/06/2020 SAMAN EXPLORATION PERMIT GRANTED, 19/06/2020 PDI WEST AFRICAN EXPLORATION UPDATE 7 DRILL RIGS ACTIVE, 9/06/2020 KANINKO AUGER RESULTS DOUBLE GOLD-MINERALISED STRIKE LENGTH, 27/05/2020 UPDATE ON ASSAY RESULTS KANINKO PROJECT GUINEA, 25/05/2020 DRILLING UPDATE - KANINKO PROJECT, GUINEA, 7/05/2020 FINAL DRILL RESULTS, BANKAN CREEK, KANINKO PROJECT, GUINEA, 30/04/2020 44M AT 2.06G/T GOLD FROM BANKAN CREEK, KANINKO, GUINEA, 27/04/2020 POWER AUGER DRILLING UNDERWAY AT KANINKO GOLD PROJECT, 24/04/2020 DIAMOND DRILLING EXTENDS GOLD MINERALISATION AT OUARIGUE CDI, 16/04/2020 OUTSTANDING DRILL RESULTS FROM NEW GOLD DISCOVERY IN GUINEA, 15/04/2020 GUINEA GROUND ACQUIRED NEAR PLUS-2 MILLION OZ GOLD DEPOSITS, 7/04/2020 AC-RC DRILLING UNDERWAY IN GUINEA, ACCELERATING EXPLORATION, 24/03/2020 HIGH-GRADES-BROAD WIDTHS FROM GUINEA AUGER-TRENCHING PROGRAM, 19/03/2020 UP TO 8G/T GOLD FROM POWER AUGER DRILLING IN GUINEA, 26/02/2020

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