Slide 1: West Africa's new 4.2Moz Gold Project
For personal use only Diggers and West Africa’s new Dealers Presentation 4.2Moz Gold Project August 2022
Slide 2: Acknowledgment of country
For personal use only Acknowledgment of country We thank Linden Brownley for his warm welcome to country and acknowledge the Wongutha People, Traditional Custodians of the land on which we stand today and pay our respects to their Elders past and present. I extend that respect to Aboriginal and Torr
Slide 3: Forward looking statements, disclaimer and compliance
For personal use only Forward looking statements, disclaimer and compliance 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 4: Company Overview
Company Overview All the ingredients for a Tier-1 gold mine For personal use only Exploration/development company with a Tier-1 asset in Guinea Listed on ASX (ASX: PDI) with a market cap of c.A$408m Management team brought in to deliver on the building of West Africa’s next Tier-1 gold mine Bankan P
Slide 5: Capital structure
Capital structure For personal use only 1,701M Technical partners Shares on issue A$57M Research Cash A$408M Market cap (at 29 July 2022) Brock Salier Royce Haese Paul Howard Yuen Low Alex Topouzoglou Mike Milikan Predictive Discovery | West Africa’s new 4.2Moz Gold Project www.predictivediscovery.c
Slide 6: The Right Team
The Right Team Highly experienced Board and senior management team For personal use only Board Simon Jackson Andrew Pardey Sandra Bates Steven Michael Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director • Chartered accountant with over • Formerly COO and latterly C
Slide 7: New Resource Statement
For personal use only New Resource Statement 4.2Moz at 1.63g/t Announced Monday 1st August 2022
Slide 8: New Resource Statement
For personal use only New Resource Statement Announced Monday 1st August 2022 Updated Bankan Resource table NE Bankan Resource Estimate ‘000 Contained Contained Deposit Classification Million Tonnes Grade Au g/t Cutoff Au g/t Tonnes Grade Au g/t Au ounces Au ounces NE Bankan Inferred 72.3 1.65 3,884
Slide 9: New Resource Statement
For personal use only New Resource Statement NE Bankan – open at depth and along strike Predictive Discovery | West Africa’s new 4.2Moz Gold Project www.predictivediscovery.com 9
Slide 10: New Resource Statement
For personal use only New Resource Statement Potential to increase the resource base substantially, especially down plunge Predictive Discovery | West Africa’s new 4.2Moz Gold Project www.predictivediscovery.com 10
Slide 11: New Resource Statement
For personal use only New Resource Statement Extensions to the High-Grade zone expected to significantly increase the resource Predictive Discovery | West Africa’s new 4.2Moz Gold Project www.predictivediscovery.com 11
Slide 12: ESG and Sustainability
For personal use only ESG and Sustainability Delivering a best practice biodiversity management program
Slide 13: ESG Highlights
ESG Highlights For personal use only o Materially enhanced our independent oversight and management control of ESG matters, which is essential to the responsible delivery of the Bankan Project to the benefit of all stakeholders • Sandra Bates, NED, appointed and Chair of ESG Board Committee • Appoin
Slide 14: ESG Highlights
ESG Highlights For personal use only 01. 02. 03. Materially enhanced our Engaged leading consultancies Commenced engagement with independent oversight and ERM and INSUCO to support our key government stakeholder management control of ESG operational and ESG groups to ensure alignment on matters, whi
Slide 15: Key Activities
Key Activities For personal use only Rapid Ecological Assessment (REA) o Conducted by Biotope comprised desktop research and field assessments. Risk & Commitments Register o Identifying long list of strategic, development and operation risks relevant to the development and operating the Bankan Proje
Slide 16: About Bankan
For personal use only About Bankan 4.2Moz at 1.63g/t Announced Monday 1st August 2022
Slide 17: Siguiri Basin
Siguiri Basin Bankan Project is strategically located in Siguiri For personal use only Basin, the centre of Guinea’s new gold rush o The Siguiri Basin is part of the richly mineralised West African Birimian gold belt, home to some of the largest mines in the region o c.17Moz ounce of resources disco
Slide 18: Introduction to Bankan Project
Introduction to Bankan Project West Africa’s next Tier-1 gold mine For personal use only o Four contiguous exploration licences covering a 35km-long richly gold endowed super structure o Discovery hole to MRE in 22 months o 4.2Moz (Inferred) MRE at 1.63 g/t across two separate deposits: • NE Bankan:
Slide 19: NE Bankan
NE Bankan Excellent hole-to-hole continuity For personal use only Recent high-grade gold results: BNERD0105: 41.5m @ 5.2g/t Au from 598m, incl. 8.7m @ 14.9g/t Au from 605m BNERD0113: 24m @ 5.5g/t Au from 850m, incl. 11m @ 10.3g/t Au from 852m – deepest hole drilled – currently not included in the la
Slide 20: 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 drill plan Predictive Discovery | West Africa’s new 4.2Moz Gold Project www.predictivediscovery.com 20
Slide 21: Straightforward and simple metallurgy
Straightforward and simple metallurgy For personal use only o Initial metallurgical test work has been completed on the high-grade zone in the lower area of the current pit shell o Average recovery overall was 92.8% o Two sample streams were tested: • Gravity concentrated then selected random sample
Slide 22: Guinea: West Africa's next mining district
Guinea: West Africa’s next mining district For personal use only 18% Established Mining Code & fiscal regime o Royalty of 5% plus a 1% contribution to Local Development o State entitled to 15% free carry To GDP o Advanced and robust environmental management expectations o Latest Guinea Tax Code publ
Slide 23: Bankan Project – Significant growth potential
Bankan Project – Significant growth potential The ASX most exciting gold exploration and development story 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 component of the resource
Slide 24: Investment highlights
Investment highlights The ASX most exciting gold exploration and development story For personal use only The next West African Tier-1 gold mine Bankan Project: 4.2Moz (Inferred) MRE NE Bankan Deposit 76.3 million tonnes @ 1.63g/t for 3.99 million tonnes 9 drill rigs on site with a clear strategy to
Slide 25: Material ASX Releases
Material ASX Releases For personal use only DEEPEST HOLE TO DATE INTERCEPTS GOLD 630M DOWN DIP, 15/07/2022 SUBSTANTIAL OXIDE GOLD ZONE EMERGING AT NE BANKAN PROJECT, 5/03/2021 APPOINTMENT OF NON-EXECUTIVE DIRECTOR, 7/06/2022 MORE DEPTH EXTENSIONS FROM DRILLING BANKAN GOLD DISCOVERIES, 25/02/2021 PDI
Slide 26: For further information contact
For personal use only For further information contact ANDREW PARDEY Managing Director E: andrew.pardey@predictivediscovery.com BUCHANAN E: predictive@buchanan.uk.com T: +44 (0)20 7466 5000 ASX : PDI | www.predictivediscovery.com