Predictive Discovery Limited · ASX:PDI
Predictive Discovery — BMO Global Metals, Mining & Critical Minerals Conference 2023
29 slides from Predictive Discovery's conference presentation, Feb 27, 2023
Slide 1: West Africa's Next Tier-1 Gold Mine
For personal use only West Africa’s Next BMO Global Metals, Mining & Critical Tier-1 Gold Mine Minerals Conference ASX:PDI February 2023
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
Slide 3: Company highlights: All the ingredients for a Tier-1 gold mine
Company highlights All the ingredients for a Tier-1 gold mine For personal use only Company fundamentals Bankan Project Regional upside Management team o Exploration/development o 4.2Moz resource at NEB o 35km-long richly gold o The right Management company with a Tier-1 (3.85Moz) and BC (331Koz) en
Slide 4: 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 • 25 years’ experience in the • Geologist with extensive • 20+
Slide 5: Capital structure
Capital structure For personal use only 1,786M Technical partners Shares on issue A$32M Research Cash (at 31 December 2022) A$295M Brock Salier Ben Crooks Paul Howard Market cap (at 22 February 2023) Yuen Low Alex Topouzoglou Mike Millikan Predictive Discovery | West Africa’s next Tier-1 Gold Mine w
Slide 6: Company highlights: Bankan Gold Project
Company highlights All the ingredients for a Tier-1 gold mine For personal use only 4.2Moz at 1.69g/t Au Bankan Gold Project Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 6
Slide 7: Introduction to Bankan
Introduction to Bankan West Africa’s next Tier-1 gold deposit For personal use only o Four contiguous exploration licences covering a 35km-long richly gold endowed super structure o Mineral Resource of 4.2Moz @ 1.69g/t across two separate deposits: • NEB: 3.85Moz @ 1.72g/t (Ind & Inf) • BC: 0.33Moz
Slide 8: About Guinea
About Guinea Mining industry’s contribution to the economy (EITI)¹ Mature resources industry; West Africa’s next major gold region 18% For personal use only To government revenues o Established mining code & fiscal regime • Royalty of 5% plus a 1% contribution to local Development 30% • State entitl
Slide 9: Guinea's Siguiri Basin
Guinea’s Siguiri Basin Bankan strategically located in the centre of Guinea’s new gold rush For personal use only o Siguiri Basin is the least explored region within the West African Birimian Greenstone belt o Hosts mines and deposits including: • AngloGold Ashanti’s Siguiri Gold Mine (6.4Moz gold r
Slide 10: Responsible development strategy and activities
Responsible development strategy and activities Committed to developing the Bankan Project in a safe and responsible way For personal use only ESG strategy ESG activities o Materially enhanced independent oversight and o Comprehensive social & environmental studies underway; development of ESIA ongo
Slide 11: NEB Mineral Resource update
NEB Mineral Resource update Deposit Classification Cut-off (g/t Au) Tonnes (Mt) Grade (g/t Au) Contained (Koz Au) Significant initial upgrade to Indicated category Indicated 0.5 42.7 1.27 1,747 For personal use only NEB Open Pit Inferred 0.5 24.7 2.23 1,768 Total 67.4 1.62 3,515 o Intention of the u
Slide 12: NEB upside potential
NEB upside potential Excellent potential for Mineral Resource expansion For personal use only Northern open pit area o Newly identified ENE striking fault between the two resource pit shells appears to offset mineralisation o Two shears north of the fault may be continuation of the main NEB minerlis
Slide 13: BC – 331Koz only 3km west of NEB
BC – 331Koz only 3km west of NEB Open in all directions and at depth For personal use only Bankan Creek Drill Plan o Open in all directions and at depth o 3km from NEB o Lightly explored o Significant potential for Resource growth Drilling re-commenced in October 2022 Predictive Discovery | West Afr
Slide 14: Straightforward and simple metallurgy
Straightforward and simple metallurgy For personal use only o Initial metallurgical test work completed on the high-grade zone in the lower area of the current pit shell with an average recovery of 92.8% o Two sample streams tested: • Gravity concentrated then selected random sample tails leached. A
Slide 15: Near-Mine & Regional Exploration
Company highlights All the ingredients for a Tier-1 gold mine For personal use only Seeking to prove up Near-Mine & Regional Exploration the full potential of the Bankan permits Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 15
Slide 16: Near-deposit potential
Near-deposit potential Early work highlights multi-deposit potential within 5km of NEB For personal use only o Shallow drilling (auger & aircore) results confirm the extent of gold mineralisation in the NEB & BC region o Target areas confirmed by recent geophysics program – excellent induced polaris
Slide 17: Regional potential
Regional potential 35km-long gold super-structure with significant For personal use only exploration upside o Significant exploration upside exists o Bankan sits atop a basin-margin gold bearing super-structure o Early geophysical and auger programs delineated many high-quality targets o Exploration
Slide 18: Regional potential
Regional potential Encouraging previous results; further geophysics (GAIP) underway, to be followed by RC drilling For personal use only Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 18
Slide 19: PDI summary
PDI summary An exciting future as Bankan moves towards the development phase For personal use only o Exploration/development company with the Tier-1 Bankan Gold Project in Guinea o 4.2Moz Resource at NEB and BC to-date, with significant upside. 50% of NEB Open Pit Resource converted to Indicated o S
Slide 20: Appendix
Company highlights All the ingredients for a Tier-1 gold mine For personal use only Appendix Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 20
Slide 21: Bankan Project Mineral Resource
Bankan Project Mineral Resource For personal use only Updated Bankan Mineral Resource estimate Cut-off Tonnes Grade Contained Deposit Classification (g/t Au) (Mt) (g/t Au) (Koz Au) Indicated 0.5 42.7 1.27 1,747 NEB Open Pit Inferred 0.5 24.7 2.23 1,768 Total 67.4 1.62 3,515 NEB Underground Inferred
Slide 22: NEB Mineral Resource Estimate by Domain
Bankan Project Mineral Resource For personal use only NEB Mineral Resource Estimate by Domain Indicated Inferred Cut-off Domain Tonnes Grade Contained Tonnes Grade Contained (g/t Au) (Mt) (g/t Au) (Koz Au) (Mt) (g/t Au) (Koz Au) Laterite 0.5 1.9 1.00 62 - - - Low Grade 0.5 - - - 0.7 0.58 13 Medium G
Slide 23: NEB Open Pit Grade Tonnage Table
Bankan Project Mineral Resource For personal use only NEB Open Pit Grade Tonnage Table Indicated Inferred Total Cut-off (g/t Au) Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained (Mt) (g/t Au) (Koz Au) (Mt) (g/t Au) (Koz Au) (Mt) (g/t Au) (Koz Au) 0 42.8 1.27 1,750 41.7 1.43 1,921
Slide 24: NEB Cross Section 1174820N
NEB Cross Section 1174820N 12.85m @ 6.02g/t intersected outside the current Underground Mineral Resource For personal use only Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 24
Slide 25: NEB Cross Section 1174900N
NEB Cross Section 1174900N Excellent grades from new holes in the bottom half of the pit, where the Mineral Resource is Inferred (32m @ 5.92g/t) For personal use only Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 25
Slide 26: NEB Cross Section 1174980N
NEB Cross Section 1174980N Excellent grades from new holes in the bottom half of the pit, where the Mineral Resource is Inferred (44m @ 3.64g/t) For personal use only Predictive Discovery | West Africa’s next Tier-1 Gold Mine www.predictivediscovery.com 26
Slide 27: PDI & The Upper Niger National Park
PDI & The Upper Niger National Park Ensuring responsible development of the Project For personal use only The park and its zones: o Core Conservation Area with the sole purpose of fauna and flora conservation o Buffer Zone 1 in which agricultural activities are permitted o Buffer Zone 2 in which mul
Slide 28: Material ASX Releases
Material ASX Releases For personal use only HIGH-GRADE INTERCEPT EXTENDS UNDERGROUND MINERALISATION, 21/2/2023 NE BANKAN GOLD MINERALISATION SUBSTANTIALLY EXTENDS AT DEPTH, 15/04/2021 45% OF NEB’S 3.85MOZ MINERAL RESOURCE UPGRADED TO INDICATED, 6/2/2023 NE BANKAN GROWS TO 300M WIDE. HIGH GRADE GOLD
Slide 29: For further information contact
Company highlights All the ingredients for a Tier-1 gold mine For personal use only For further information contact BRAD MILNE Corporate Development Manager E: brad.milne@predictivediscovery.com BOBBY MORSE / GEORGE CLEARY Buchanan E: predictive@buchanan.uk.com T: +44 (0)20 7466 5000 ASX : PDI | www
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