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PREDICTIVE DISCOVERY LIMITED — Regulatory Filings 2021
Mar 14, 2021
65537_rns_2021-03-14_0f92bc1f-c0cc-45c7-a49a-3bdf2aba20b4.pdf
Regulatory Filings
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ASX: PDI | 15th March 2021
EXCEPTIONALLY HIGH GOLD GRADES IN MULTIPLE THICK INTERCEPTS FROM NE BANKAN
Predictive Discovery Limited (ASX: PDI, Predictive or the Company) is pleased to announce results from 10 Reverse Circulation (RC) and 3 Diamond Drill (DD) holes (totalling 1,709m) completed at the Bankan Gold Project, located in Guinea.
HIGHLIGHTS
Multiple, wide gold intersections including some exceptionally high gold grades have been returned from shallow oxide and deeper drilling at NE Bankan. Best results include:
- 45m @ 5.4g/t Au from 65m, incl. 1m @ 187.5g/t Au
- 65m @ 2.7g/t Au from 47m, incl. 7m @ 9.8g/t Au, and 1m @ 13.6g/t Au, and 2m @ 8.2g/t Au
- 19m @ 4.8m Au from 178m, incl. 6m @ 13.7g/t Au
- 10m @ 4.0g/t Au from 141m, incl. 4m @ 7.7g/t Au
- 74m @1.3g/t Au from 6m, incl. 2m @ 10.1g/t Au
Commenting on the results, Predictive Discovery Managing Director Paul Roberts said:
"The latest results strengthen our belief that NE Bankan has all the hallmarks of a plus-million ounce gold system, with broad zones of gold consistently intersected over a growing strike length. The presence of some extremely high grades in these new results also speaks to the strength of the gold mineralised system. With highly encouraging drill results also being received from other prospects in the area, the potential for a multi-million-ounce resource inventory across the Bankan Project is increasing with every new set of results.
Infill hole BNERD0007 suggests a flattening of the gold mineralised structure with depth, highlighted by an intersection of 19m @ 4.8 g/t from 178m. If a similar flattened dip is observed at depth on adjacent cross-sections, the volume of mineable gold within a potential future open pit mine may be significantly expanded."

Next Steps
Following receipt of results from the ongoing RC and DD drilling program, infill drilling will be carried out to support the Maiden Resource Estimate planned for mid-2021. Metallurgical test work is scheduled to begin in April 2021.
In addition to the ongoing RC and Diamond drilling, power auger drilling has been in progress since October last year. The focus of the power auger is to search for gold mineralisation in the areas around Bankan West, Bankan Creek and NE Bankan. Once results from the recently completed aeromagnetic survey are assessed, auger programs will be extended further to the north and south in the search for new satellite gold discoveries.
Bankan Project Drilling Update
Over the past 11 months, the Company has made two significant greenfield gold discoveries at Bankan, initially at the NE Bankan prospect, where the first phase of drilling has outlined a 1.6kmlong zone of shallow gold mineralisation, now with steadily increasing RC/DD drill coverage at depth. Bankan Creek is a satellite discovery 3km to the west of NE Bankan that has only been lightly tested but which bears the hallmarks of a strong gold mineralised system.
This announcement covers 3 completed diamond holes (BNERD0007, BNERD0020 and BNERD0021) and 9 RC-holes (BNERD0031 and BNERD0035-43) from both the central zone oxide program and the step-out deeper drilling program.
The RC oxide program is testing a very broad, long zone of shallow oxide gold mineralisation in deeply weathered bedrock. The first three completed lines of oxide RC drilling have confirmed the continuity and broad widths of the oxide gold mineralisation in the upper 50-70m of the central NE Bankan zone. This shallow oxide zone has now been confirmed by west to east RC drilling on four cross sections over an average width of approximately 200m.
The deeper RC/DD program at NE Bankan is designed on an 80 x 80m spacing in the west dipping plane of the gold mineralisation and is testing the extent of the gold to a vertical depth of at least 250m in the fresh rock. New intersections continue to confirm broad widths and good grades down to 200m vertical depth.
Drill samples reported in this release were assayed by fire assay at SGS in Bamako (Mali). Detailed results and a complete explanation of the methods followed in drilling and assaying the reported holes are provided in Table 1.
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Figure 1 - Bankan Project showing NE Bankan new RC/DD drilling results overlain on previous results and gold auger footprints.


Figure 2 - NE Bankan Prospect long section showing gold endowment with pierce points located at the mid-point of drill hole intervals.


Figure 3 - NE Bankan Cross Section 1175020 with completed hole BNERD0007 and (oxide) RC holes BNERD0035-39
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Figure 4 - NE Bankan Cross Section 1175100 with new RC hole BNERD0031 and pre-collar RC hole BNERD0009 awaiting DD drilling.


Figure 5 - NE Bankan Cross Section 1174940 with new RC holes BNERD0040-43


TABLE 1 – BANKAN PROJECT RC/DD RESULTS
| Hole No. | Prospect | UTM 29NEast | UTM 29NNorth | RL(GPS) | Holeazimuth | Holedip | Holedepth | 0.25g/t gold cut-off | 0.5g/t gold cut-off | Comments | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| From | Interval | Au g/t | From Interval | Au g/t | ||||||||||
| BNERD0007 | Bankan NE | 396636 | 1175025 | 433 | 90 | -55 | 270 | 20.0 | 5.0 | 1.91 | 20.0 | 1.0 | 4.80 | ASX 25 January 2021 |
| 24.0 | 1.0 | 4.36 | ||||||||||||
| 143.0 | 3.0 | 0.30 | ||||||||||||
| 150.0 | 14.0 | 2.21 | 151.0 | 13.0 | 2.36 | |||||||||
| 167.0 | 1.0 | 1.14 | 167.0 | 1.0 | 1.14 | |||||||||
| 178.0 | 19.0 | 4.76 | 178.0 | 12.0 | 7.22 | Includes 6m @ 13.65g/tAu from 180m | ||||||||
| 192.0 | 4.0 | 0.78 | ||||||||||||
| 206.0 | 8.0 | 1.91 | 207.0 | 7.0 | 2.12 | |||||||||
| 243.0 | 12.0 | 0.62 | 248.0 | 7.0 | 0.91 | |||||||||
| BNERD0020 | Bankan NE | 396732 | 1175644 | 404 | 90 | -55 | 226.21 | 7.0 | 24.0 | 0.62 | 7.0 | 16.0 | 0.74 | ASX 5 March 2021 |
| 0.0 | 0.0 | 0.00 | 28.0 | 2.0 | 0.54 | |||||||||
| 51.0 | 2.0 | 0.30 | ||||||||||||
| 72.0 | 7.0 | 0.43 | 72.0 | 3.0 | 0.51 | |||||||||
| 89.0 | 3.0 | 0.40 | 89.0 | 1.0 | 0.61 | |||||||||
| 101.5 | 2.2 | 1.05 | 101.5 | 2.2 | 1.05 | Includes 0.5m of core lossfrom 102.5m | ||||||||
| 135.0 | 2.0 | 1.05 | 135.0 | 1.0 | 1.80 | |||||||||
| BNERD0021 | Bankan NE | 396654 | 1175905 | 394 | 90 | -55 | 203.57 | 57.0 | 2.0 | 1.85 | 57.0 | 1.0 | 2.93 | ASX 5 March 2021 |
| 76.0 | 5.0 | 1.14 | 79.0 | 2.0 | 2.29 | |||||||||
| 109.0 | 4.0 | 0.44 | 112.0 | 1.0 | 0.51 | |||||||||
| 161.0 | 2.0 | 0.43 | 161.0 | 1.0 | 0.61 | |||||||||
| 166.0 | 7.0 | 0.42 | 166.0 | 1.0 | 0.56 | |||||||||
| 169.0 | 1.0 | 0.96 | ||||||||||||
| 181.0 | 2.0 | 0.49 | 181.0 | 1.0 | 0.66 | |||||||||
| BNERC0031 | Bankan NE | 396805 | 1175102 | 437 | 90 | -55 | 150 | 8.0 | 54.0 | 0.70 | 8.0 | 8.0 | 0.79 | |
| 20.0 | 10.0 | 1.54 | ||||||||||||
| 35.0 | 15.0 | 0.67 | ||||||||||||
| 65.0 | 45.0 | 5.35 | 65.0 | 8.0 | 1.05 | Includes 1m @187.46g/tAu from 78m. No top cuthas been applied to theaverage gradecalculations. Note thatthe 45m interceptexcluding the above 1m | ||||||||
| interval has an averagegrade of 1.18g/t Au. | ||||||||||||||
| 76.0 | 15.0 | 15.03 | ||||||||||||
| 120.0 | 6.0 | 1.20 | 120.0 | 6.0 | 1.20 | |||||||||
| 144.0 | 3.0 | 0.83 | 144.0 | 3.0 | 0.83 | |||||||||
| BNERC0035 | Bankan NE | 396793 | 1175019 | 436 | 90 | -55 | 160 | 4.0 | 3.0 | 0.33 | ||||
| 12.0 | 23.0 | 0.53 | 14.0 | 11.0 | 0.55 | |||||||||
| 34.0 | 1.0 | 2.71 |

| 44.0 | 37.0 | 0.78 | 46.0 | 28.0 | 0.92 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 84.0 | 26.0 | 0.83 | 84.0 | 3.0 | 1.13 | |||||||||
| 91.0 | 12.0 | 1.21 | ||||||||||||
| 106.0 | 4.0 | 0.53 | ||||||||||||
| 113.0 | 7.0 | 0.66 | 113.0 | 5.0 | 0.81 | |||||||||
| 123.0 | 6.0 | 0.25 | ||||||||||||
| 141.0 | 10.0 | 3.99 | 142.0 | 9.0 | 4.38 | Includes 4m @ 7.67g/tAu from 143m | ||||||||
| BNERC0036 | Bankan NE | 396845 | 1175020 | 434 | 90 | -55 | 130 | 6.0 | 74.0 | 1.29 | 8.0 | 30.0 | 1.25 | |
| 42.0 | 16.0 | 3.08 | Includes 2m @ 10.11 g/tAu from 45m | |||||||||||
| 96.0 | 10.0 | 0.46 | 97.0 | 2.0 | 1.06 | |||||||||
| 113.0 | 2.0 | 0.35 | ||||||||||||
| 126.0 | 3.0 | 0.44 | 128.0 | 1.0 | 0.73 | |||||||||
| BNERC0037 | Bankan NE | 396894 | 1175021 | 435 | 90 | -55 | 95 | 1.0 | 31.0 | 0.93 | 6.0 | 15.0 | 1.59 | |
| 27.0 | 2.0 | 0.68 | ||||||||||||
| 35.0 | 3.0 | 0.43 | 36.0 | 1.0 | 0.62 | |||||||||
| 68.0 | 4.0 | 0.31 | ||||||||||||
| BNERC0038 | Bankan NE | 396948 | 1175023 | 435 | 90 | -55 | 60 | 1.0 | 11.0 | 0.77 | 4.0 | 8.0 | 0.94 | |
| BNERC0039 | Bankan NE | 396996 | 1175024 | 433 | 90 | -55 | 50 | 0.0 | 9.0 | 0.62 | 0.0 | 8.0 | 0.64 | |
| 22.0 | 5.0 | 0.37 | 26.0 | 1.0 | 0.75 | |||||||||
| 30.0 | 1.0 | 1.89 | 30.0 | 1.0 | 1.89 | |||||||||
| BNERC0040 | Bankan NE | 396795 | 1174940 | 432 | 90 | -55 | 140 | 21.0 | 6.0 | 0.50 | 21.0 | 2.0 | 0.74 | |
| 47.0 | 65.0 | 2.68 | 47.0 | 44.0 | 3.74 | Includes 7m @ 9.79g/tAu from 58m, 1m @13.6g/t Au from 77m &2m @ 8.23g/t Au from89m | ||||||||
| 108.0 | 4.0 | 1.16 | ||||||||||||
| 115.0 | 16.0 | 0.63 | 116.0 | 11.0 | 0.75 | |||||||||
| BNERC0041 | Bankan NE | 396844 | 1174940 | 434 | 90 | -55 | 105 | 3.0 | 32.0 | 1.01 | 9.0 | 15.0 | 1.28 | |
| 27.0 | 4.0 | 2.22 | ||||||||||||
| 46.0 | 23.0 | 0.45 | 51.0 | 1.0 | 1.56 | |||||||||
| 55.0 | 1.0 | 1.55 | ||||||||||||
| 64.0 | 2.0 | 0.75 | ||||||||||||
| BNERC0042 | Bankan NE | 396894 | 1174940 | 439 | 90 | -55 | 70 | 6.0 | 13.0 | 0.80 | 7.0 | 8.0 | 1.12 | |
| 24.0 | 3.0 | 0.44 | 26.0 | 1.0 | 0.63 | |||||||||
| BNERC0043 | Bankan NE | 396944 | 1174941 | 439 | 90 | -55 | 50 | 0.0 | 9.0 | 0.36 | 4.0 | 1.0 | 0.69 | |
| 28.0 | 6.0 | 0.48 | 30.0 | 2.0 | 0.94 | |||||||||
NoteS: (1) All RC holes contain some damp to wet samples, (2) all quoted downhole intercepts are interpreted to also be true widths except for holes BNERC0040-42, for which true widths are interpreted to be approximately 93% of the downhole intercepts, and for holes BNERC0038, 39 and 43 for which true widths cannot interpreted with complete confidence.
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Predictive advises that it is not aware of any new information or data that materially affects the exploration results contained in this announcement.
This announcement is authorised for release by Predictive Managing Director, Paul Roberts.
For further information please contact:
Paul Roberts Managing Director Tel: +61 402 857 249 Email: [email protected]
Competent Persons Statement
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 employee of the company and has sufficient experience relevant to the style of mineralisation and type of deposits being considered to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Roberts consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Previously released ASX Announcements related to the Bankan Project include:
- Substantial oxide gold zone emerging at NE Bankan Project [5 March 2021]
- Further depth extensions from drilling at both NE Bankan & Bankan Creek gold discoveries [25 February 2021]
- High grade drill results extend Bankan creek gold discovery to north [11 Feb 2021]
- Outstanding, wide gold intercept grows Bankan at depth [28 Jan 2021]
- 92m at 1.9g/t gold diamond drilling expands Bankan Project [13 Oct 2020]
- NE Bankan gold deposit grows with more strong drill results [25 Sept 2020]
- Additional permits along strike from flagship Bankan Project [17 Sept 2020]
- 55m at 2.94g/t gold-broad true widths confirmed at Bankan [10 Sept 2020]
- NE Bankan now 1.6km long with possible parallel gold zone [3 Sept 2020]
- Bankan Creek gold zone further expanded [27 Aug 2020]
- Strong wide gold intercepts from Bankan Creek and NE Bankan [19 Aug 2020]
- Outstanding high-grade gold results from NE Bankan, Guinea [7 Aug 2020]
- Diamond drilling confirms gold at depth at NE Bankan, Guinea [31 Jul 2020]
- Impressive 1st RC drill results grow NE Bankan discovery [17 Jul 2020]
- NE Bankan discovery guinea extended 30% to 1.3km in length [30 Jun 2020]
- Kaninko auger results double gold-mineralised strike length [27 May 2020]
- Final drill results, Bankan Creek, Kaninko Project, Guinea [30 Apr 2020]
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- 44m at 2.06g/t gold from Bankan Creek, Kaninko, Guinea [27 Apr 2020]
- Outstanding drill results from new gold discovery in Guinea [15 Apr 2020]
ABOUT PREDICTIVE
The Company's primary focus is the 100%-owned Bankan Project, located in Guinea's Siguiri Basin, which hosts AngloGold's large Siguiri Mine (+10Moz). In April 2020, the Company made a greenfields gold discovery on its Kaninko permit, now known as the Bankan Project.
Bankan comprises 4 tenements - Kaninko, Saman, Argo and Bokoro – a 358km2 land package with no previous drilling undertaken. A 25,000-meter drilling program is currently underway with the aim of delivering an initial resource in mid-2021.

Figure 6 - Predictive Discovery's 100%-owned Guinea Portfolio of gold projects
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TABLE 2 - JORC CODE – DRILLING
| Section 1: Sampling Techniques and Data | ||
|---|---|---|
| Criteria | JORC Code | Commentary |
| Explanation | ||
| SamplingTechnique | Nature and quality of sampling (egcut channels, random chips, orspecific specialised industrystandard measurementtoolsappropriate to the minerals underinvestigation,such as downholegamma sondes, or handheld XRFinstruments, etc). These examplesshould not be taken as limiting thebroad meaning of sampling Includereference to measurestaken toensure sample representivity andthe appropriate calibration of anymeasurementtools or systemsused. Aspects of the determinationof mineralisation that are Materialto the Public Report.In cases where 'industry standard'work has been done this would berelatively simple (eg 'reversecirculation drilling was used toobtain 1 m samples from which 3kg was pulverised to produce a 30g charge for fire assay'). In othercases more explanation may berequired, such as where there iscoarse gold that has inherentsampling problems. Unusualcommodities or mineralisationtypes(eg submarine nodules) maywarrant disclosure of detailedinformation. | Samples assayed were cut drill core and reverse circulation (RC) drill chips.Core was cut in half with a core saw where competent and with a knife insoft saprolite in the upper sections of the diamond drill holes.One metre RC chip samples were riffle split producing samples whichweighed 2-3kg for submission to the assay laboratory. Duplicate sampleswere also retained for re-assay.Sampling was supervised by qualified geologists.Samples were dried, crushed and pulverised at the SGS laboratory inBamako to produce a 50g fire assay charge. |
| DrillingDrill SampleRecovery | Drill type (eg core, reversecirculation, open- hole hammer,rotary air blast, auger, Bangka,sonic, etc) and details (eg corediameter, triple or standard tube,depth of diamond tails, facesampling bit or other type,whether core is oriented and if so,by what method, etc).Method of recording andassessing core and chip samplerecoveries and results assessed.Measurestaken to maximisesample recovery and ensurerepresentative nature of thesamples. | Drill types are 2 multipurpose drill rigs and one dedicated diamond drill rig,all of which are capable of collecting PQ, HQ and NQ core. One of themultipurpose rigs is being used for RC drilling using a 118mm diameterreverse circulation hammer.Drill core:Sample recoveries were measured in the normal way for diamond drill core.Core recoveries were generally excellent except for the saprolite where somecore loss was experienced owing to clayey core being washed out in thediamond drilling process. Given that most of these saprolite core loss zoneswere obtained in mineralised intervals, grade is probably underestimated in |
| Whether a relationship existsbetween sample recovery andgrade and whethersample biasmay have occurred due topreferential loss/gain offine/coarse material. | those sections as zones of core loss are assumed to contain no gold.Significant sample bias is not expected with cut core.RC chips:Each 1 metre drill sample was weighed.Sample recoveries were in general high and no unusual measures were takento maximise sample recovery.Significant sample bias is not expected with riffle splitting of RC chips. |

| Logging | Whether core and chip sampleshave been geologically andgeotechnical logged to a level ofdetail to support appropriateMineral Resource estimation,mining studies and metallurgicalstudies.Whether logging isqualitative or quantitativein nature. Core (orcostean/Trench, channel,etc) photography.The total length and percentage | All drill samples were logged systematically for lithology, weathering,alteration, veining, structure and minor minerals. Minor minerals wereestimated quantitively. A core orientation device was employed enablingorientated structural measurements to be taken. |
|---|---|---|
| Sub-SamplingTechnique and | of the relevant intersectionslogged.If core, whether cut or sawn andwhether quarter, half or all core | The diamond drill samples were collected by longitudinally splitting core |
| SamplePreparation | taken. If non-core, whetherriffled, tube sampled, rotary split,etc and whether sampled wet ordry.For all sample types, the nature,quality and appropriateness of thesample preparation technique.Quality control proceduresadopted for all sub-samplingstagesto maximise representivityof samples.Measurestaken to ensure that thesampling is representative of the insitu material collected, including forinstance results for fieldduplicate/second-halfsampling.Whethersample sizes areappropriate to the grain size of thematerial being sampled. | using a core saw or a knife where core was very soft and clayey. Half ofthe core was sent off to the laboratory for assay. The sampling method isconsidered adequate for a diamond drilling program of this type.The RC samples were collected by riffle splitting samples from large bagscollected directly from the cyclone on the drill rig. Sample condition isgenerally dry or moist, however some samples are wet. One fieldduplicate was taken and assayed every 50m. The sampling method isconsidered adequate for an RC drilling program of this type. |
| Quality of AssayData andLaboratory Tests | The nature, quality andappropriateness of the assayingand laboratory procedures usedand whetherthe technique isconsidered partial or total.For geophysical tools,spectrometers, handheld XRFinstruments, etc, the parametersused in determining the analysisincluding instrumentmake andmodel, reading times, calibrationsfactors applied and theirderivation, etc.Nature of quality controlprocedures adopted (egstandards, blanks, duplicates,external laboratory checks) andwhether acceptable levels ofaccuracy (ie lack of bias) andprecision have been established. | All samples were assayed by SGS technique FAA505 for gold with a detectionlimit of 5ppb Au. All samples with gold values exceeding 10g/t Au were reassayed using SGS method FAA515 with a detection limit of 0.01g/t Au.Field duplicates, standards and blank samples were each submitted for every15 samples on a rotating basis.Diamond core field duplicates were obtained by cutting the half core sampleinto two quarter core samples. As samples are not homogenised somevariation is expected.Duplicate and standards analyses were all returned were within acceptablelimits of expected values. |
| Verification ofSampling andAssaying | The verification of significantintersections by eitherindependent or alternativecompany personnel.The use of twinned holes Theverification of significantintersections by eitherindependent or alternativecompany personnel. Discuss anyadjustment to assay data | At this stage, the intersections have not been verified independently.No twin holes were drilled in the holes reported here but some drilling hasbeen done previously sufficiently close to a previously drilled holes toprovide confirmation of the location of mineralisation. SpecificallyKKODD002 was drilled close to Air Core Hole KKOAC001 and demonstratedthat that similar, consistent gold mineralisation was present in the nearsurface. |
| Location of Datapoints | Accuracy and quality of surveysused to locate drill holes (collarand down- hole surveys),trenches, mine workings and otherlocations used in MineralResource estimation. | Drill hole collar locations were recorded at the completion of each hole byhand-held GPS.Positional data was recorded in projection WGS84 Zone 29N. |
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| Specification of the grid systemused Quality and adequacy oftopographic control | Hole locations will be re-surveyed using a digital GPS system at completionof program. | |
|---|---|---|
| Data Spacingand Distribution | Data spacing for reporting ofExploration ResultsWhether the data spacing anddistribution is sufficient toestablish the degree of geologicaland grade continuity appropriatefor the Mineral Resource and OreReserve estimation procedure(s)and classifications applied.Whethersample compositing hasbeen applied | The diamond and RC drill holes were designed to explore the goldmineralised system in fresh rock. Single DD holes are in the process of beingdrilled on most 80m spaced sections in the 1.3km long zone testedpreviously with RC drilling.The adequacy of the current drill hole spacing for Mineral Resourceestimation is not yet known as an appropriate understanding ofmineralisation continuity has not yet been established |
| Orientation ofData in Relationto GeologicalStructure | Whether the orientation ofsampling achieves unbiasedsampling of possible structuresand the extent to which this isknown, considering the deposittype.If the relationship between thedrilling orientation and theorientation of key mineralisedstructuresis considered to haveintroduced a sampling bias, thisshould be assessed and reportedif material. | There is very limited outcrop in the immediate area but based on the smallnumber of geological observations and the overall strike of the anomaly, aneast west line orientation with holes inclined to the west was considered mostlikely to test the target mineralised zone. Results from earlier drilling has nowdetermined that the overall dip of the gold mineralised envelope is to thewest. All drill holes reported in this release were drilled from west to east toobtain near-true widths through the gold mineralisation. |
| Sample Security | The measurestaken to ensuresample security | Core trays and RC chips are stored in a guarded location close to thenearby Bankan Village. Coarse rejects and pulps will be eventuallyrecovered from SGS in Bamako and stored at Predictive's field office inKouroussa. |
| Audits or Reviews | The results of any audits orreviews of sampling techniquesand data | No reviews or audits of sampling techniques were conducted. |
| Section 2 Reporting of Exploration Results | ||
| MineralTenement andLand TenureStatus | Type, reference name/number,location and ownership includingagreements or material issues withthird partiessuch as jointventures, partnerships, overridingroyalties, native title interests,historicalsites, wilderness ornational park and environmentalsettings.The security of the tenure held atthe time of reporting along withany known impedimentstoobtaining a licence to operate inthe area. | The Kaninko Reconnaissance Authorisation was granted to a Predictivesubsidiary in Guinea in June 2019. It was converted to an ExplorationPermit in early October 2019. It is 100% owned by Predictive. |
| Exploration Doneby Other Parties | Acknowledgment andappraisal of exploration byother parties. | Predictive is not aware of any significant previous gold exploration over thepermit. |
| Geology | Deposit type, geologicalsettingand style of mineralisation. | The geology of the Kaninko permit consists of felsic intrusives includinggranite and tonalite, with mafic to intermediate volcanics and intrusives.Metasediments including marble, chert and schists have also beenobserved. |
| Drill HoleInformation | A summary of all informationmaterial to the understanding ofthe exploration resultsincluding atabulation of the followinginformation for all Material drillholes:•easting and northing ofthe drill hole collar•elevation or RL (ReducedLevel – elevation above sealevel in metres) of the drillhole collar•dip and azimuth of the hole | See Tables 1 and 2 and the accompanying notes in these tables. |

| •down hole length andinterception depth•hole length•If the exclusion of thisinformation is justified onthe basisthat theinformation is not Materialand this exclusion does notdetract from theunderstanding of the report,the Competent Personshould clearly explain whythis is the case. | ||
|---|---|---|
| DataAggregationMethods | In reporting Exploration Results,weighting averaging techniques,maximum and/or minimum gradetruncations(eg cutting of highgrades) and cut-off grades areusually Material and should bestated.Where aggregate interceptsincorporate short lengths of highgrade results and longer lengths oflow grade results, the procedureused for such aggregation shouldbe stated and some typicalexamples of such aggregationsshould be shown in detail.The assumptions used for anyreporting of metal equivalentvaluesshould be clearly stated. | Diamond and RC drill sampling was generally in one metre intervals.Up to 2m (down-hole) of internal waste is included for results reported at boththe 0.25g/t Au and 0.5g/t Au cut-off grades.Mineralised intervals are reported on a weighted average basis. |
| RelationshipBetweenMineralisationWidths andIntercept Lengths | These relationships are particularlyimportant in the reporting ofExploration ResultsIf the geometry of themineralisation with respect tothe drill hole angle is known, itsnature should be reported. If it isnot known and only the downhole lengths are reported, thereshould be a clear statement tothis effect (eg 'down holelength, true width not known'). | True widths have been estimated for intercepts where mineralisationorientation is reasonably clear. |
| Diagrams | Appropriatemaps and sections(with scales) and tabulations ofintercepts should be included forany significant discovery beingreported These should include,but not be limited to a plan viewof drill hole collar locations andappropriate sectional views. | An appropriate map, cross sections and a longitudinal projectionare included in this release (Figures 1-6). |
| Balanced Reporting | Where comprehensive reportingof all Exploration Resultsis notpracticable, representativereporting of both low and highgrades and/or widthsshould bepracticed to avoid misleadingreporting of Exploration Results. | Comprehensive reporting of the drill results is provided in Table 1. |
| OtherSubstantiveExplorationData | Other exploration data, ifmeaningful and material, shouldbe reported including (but notlimited to): geologicalobservations; geophysicalsurveyresults; geochemicalsurveyresults; bulk samples – size andmethod of treatment;metallurgical test results;bulk density, groundwater,geotechnical and rockcharacteristics; potentialdeleterious or contaminatingsubstances. | All other exploration data on this area has been reported previously by PDI. |
| Further Work | The nature and scale of plannedfurther work (eg tests for lateralextensions or large scale step outdrilling.Diagrams clearly highlighting theareas of possible extensions,including the main geologicalinterpretations and future drilling | These results form part of a large ongoing program of RC and diamonddrilling. Geological studies will continue to be conducted to characterisethe gold mineralisation going forward. |

| not commercially sensitive. |
|---|
| ----------------------------- |
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