Slide 1: West Africa's next Tier-1 Gold Mine
For personal use only West Africa’s next Tier-1 Gold Mine April 2022 ASX:PDI predictivediscovery.com www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine |
Slide 2: Forward looking statements, disclaimer and compliance
Forward looking statements, disclaimer and compliance For personal use only 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
Slide 3: Company overview
Company overview All the elements to build West Africa’s next Tier-1 gold mine For personal use only Bankan Project Guinea Company fundamentals Management Team • 3.65Moz Au MRE (72.8Mt • Well established mining • Listed on ASX with a • The right Management @ 1.56gpt/Au - Inferred) address for intern
Slide 4: Capital structure
Capital structure For personal use only Top Analyst 1,350M shareholders coverage Shares on issue 11% Capital DI limited 5% Van Eck A$17.5M 5% Franklin Templeton Brock Salier Royce Haese 4% Lowell Resources Fund Cash as at 31 December 2021 Technical A$303M partners Market cap (as at 14 March 2022) Pa
Slide 5: Bankan Project – high-return drilling campaign
Bankan Project – high-return drilling campaign Additional rigs to aggressively target additional ounces and gold discovery For personal use only 3.65Moz Au MRE inferred at resource Cumulative Meters Drilled discovery cost of Significant A$4/oz further 70,000 exploration potential to 60,000 increase
Slide 6: Board & Management
Board & Management The right team with the right experience to build and operate Bankan For personal use only Andrew Pardey Simon Jackson Steven Michael Paul Roberts*, BSc, MSc, FAIG Managing Director Non-Executive Chairman Non-Executive Director Advisor • Formerly COO and latterly CEO of • Chartere
Slide 7: Board & Management Team
Board & Management Team A strong track record of building out resource bases and developing mines For personal use only Guinea – AngloGold Ashanti’s Egypt – Centamin’s Siguiri Gold Mine Sukari Gold Mine 6.7Moz Au resources 12.1Moz Au resources 214Koz Au produced in 2020 415Koz produced Guinea – Nord
Slide 8: West Africa & Guinea
For personal use only West Africa & Guinea www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine |
Slide 9: West Africa: Top location for gold discoveries
West Africa Top location for gold discoveries For personal use only West Africa is the leading gold jurisdiction globally: • #1 region for most gold discoveries over the past decade • #2 for global gold producing region in 2020 • #4 for global exploration spend in 2020 • US$4.9B raised in equity for
Slide 10: Guinea: West Africa's next mining district
Guinea West Africa’s next mining district For personal use only Established Mining Code & fiscal regime • Royalty of 5% plus a 1% contribution to Local Development Mining industry’s contribution to the economy (EITI)* • State entitled to 15% free carry • Advanced and robust environmental management
Slide 11: Siguiri Basin
Siguiri Basin Bankan Project is strategically located in Siguiri Basin with 356km2 of tenements For personal use only The Siguiri Basin is part of the richly mineralised West African Birimian gold belt • Home to some of the largest mines in the region • c.17Moz of resources discovered over the last
Slide 12: Bankan Project
For personal use only Bankan Project www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine |
Slide 13: Introduction to Bankan Project
Introduction to Bankan Project West Africa’s next Tier-1 gold mine For personal use only ‘000 • Four contiguous exploration licences covering a 35km- Deposit Weathering Million Grade Au Contained Tonnes g/t long richly gold endowed super structure Au ounces Laterite 2.15 0.97 67 NE Bankan Saprolite
Slide 14: Conventional mining and processing
Conventional mining and processing Straight forward open pit mine with conventional processing For personal use only NE Bankan prospect • Open pit mining expected to benefit from favourable Section 1175020N orebody geometry • Orebody open at depth, potential for underground mining • Initial scoping-
Slide 15: NE Bankan – High-grade zone
NE Bankan – High-grade zone Excellent gram meter intervals drilled and high-grade zone open at depth For personal use only www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine | 15
Slide 16: Bankan Creek – Open in all directions
Bankan Creek – Open in all directions 340Koz only 3km west of the NE Bankan discovery For personal use only Bankan Creek Plan View www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine | 16
Slide 17: Bankan Project – Significant growth potential
Bankan Project – Significant growth potential Structural corridor has potential to host numerous “NE Bankan-style” discoveries For personal use only NE Bankan A high-grade core zone at the centre of the deposit Estimated contained ounces in the lowermost 100m (vertical extent) of the +3g/t Au compon
Slide 18: Addressing key ESG matters
Addressing key ESG matters Designing a best practice biodiversity management programme For personal use only Essential to define a robust biodiversity +18-month programme split into two phases: management plan given Bankan’s proximity to Haut Niger National Park 1. Baseline study and other sensitive
Slide 19: E&S activities
E&S activities Our near- and medium-term E&S activities For personal use only Major local employer & robust local Engaged environmental consultant hiring plan in place to conduct Environmental and Social • Currently staff of 148: 95% Guineans Impact Assessment on Bankan Engaged Critical Resources to
Slide 20: Aggressive drilling to drive re-rating
Aggressive drilling to drive re-rating For personal use only 2022 2023 2024+ Strengthened Senior Management Team Further metallurgical testwork Development and construction of mine Step-out and deeper drilling Announce updated Mineral Resource estimate Hire local workforce Improve quality of resourc
Slide 21: Strengthening our relationships
Strengthening our relationships Creating a social license to operate For personal use only 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
Slide 22: Conclusion
For personal use only Conclusion www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine |
Slide 23: Investment case
Investment case A clear strategy to build out the resource base & build a mine For personal use only The next West African Tier-1 gold mine Guinea is a mining-friendly jurisdiction • Bankan deposit - 3.7Moz MRE of 72.8 million tonnes at 1.56g/t (Inferred) • Significant further exploration potential
Slide 24: Bankan Project vs Africa gold deposits
Bankan Project vs Africa gold deposits Rapidly emerging as one of Africa’s largest, highest-grade gold deposits For personal use only M&I (Moz) Inf (Moz) M&I + Inf Grade (g/t) 7 4 6 3.5 M&I + Inferred (Moz) 3 5 Grade (g/t) 2.5 4 2 3 1.5 2 1 1 0.5 0 0 Project Bomboré Kone Block 14 Imbo Bankan Abujar
Slide 25: Appendix
For personal use only Appendix www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine |
Slide 26: NE Bankan's high-grade core
NE Bankan’s high-grade core Outstanding mineralisation continuity at higher cut-off grades For personal use only Resource block model Legend > 3.0g/t Au 1.0 – 3.0g/t Au 380m US$1,800/oz optimised pit shell Open NE Bankan – looking East Open www.predictivediscovery.com Predictive Discovery (ASX: PDI)
Slide 27: NE Bankan Cross Section 1175100N
NE Bankan Cross Section 1175100N – block model For personal use only W E NE Bankan prospect Section 1175100N www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine | 27
Slide 28: NE Bankan Cross Section 1175020N
NE Bankan Cross Section 1175020N – block model For personal use only NE Bankan prospect Section 1175020N www.predictivediscovery.com Predictive Discovery (ASX: PDI) | West Africa’s next Tier-1 Gold Mine | 28
Slide 29: Maiden Resource Estimate
Maiden Resource Estimate Include NE Bankan and Bankan Creek Deposits For personal use only Million ‘000 Contained Deposit Weathering Grade Au g/t Cutoff Tonnes Grade Au g/t Contained Au ounces Tonnes Au ounces 0.3 90,262,257 1.33 3,864,058 Laterite 2.15 0.97 67 0.4 NE Bankan 80,608,698 1.45 3,758,53
Slide 30: Bankan Mineral Resource Estimate
Bankan Mineral Resource Estimate Full table and totals For personal use only NE BANKAN BANKAN CREEK TOTALS Cutoff Grade Contained Cutoff Grade Contained Cutoff Tonnes Tonnes Tonnes Grade Ounces Au g/t Au g/t Au ounces Au g/t Au g/t Au ounces Au g/t 0 95,515,657 1.18 3,614,576 0 8,964,356 1.22 352,70
Slide 31: Material ASX releases
Material ASX releases For personal use only BANKAN GOLD PROJECT DRILLING ACCELERATED, 22/01/2021 MULTI-DEPOSIT POTENTIAL GROWS WITH STRONG RESULTS – 02/02/2022 DIAMOND DRILLING UNDERWAY AT BANKAN GOLD PROJECT, 17/12/2020 33M @4.5G/T AU AT NE BANKAN, GUINEA – 13/01/2022 EXPLORATION UPDATE - BANKAN GO
Slide 32: Board & Management Team additional information
Board & Management Team additional information For personal use only https://www.anglogoldashanti.com/portfolio/africa/siguiri/ Guinea – AngloGold Ashanti’s Siguiri Gold Mine Guinea – Nordgold’s Lefa Gold Mine https://www.nordgold.com/operations/production/lefa/?no_mobile_redirect=true Mali – Cora G
Slide 33: For further information contact
For personal use only For further information contact ANDREW PARDEY BUCHANAN Managing Director E: predictive@buchanan.uk.com E: andrew.pardey@predictivediscovery.com T: +44 (0)20 7466 5000 CHRIS SWALLOW Corporate Development E: chris.swallow@predictivediscovery.com predictivediscovery.com ASX:PDI ww