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May 2012 Advancing to resource calculation in Burkina Faso

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  • May 2012

    Advancing to resource calculation in Burkina Faso

  • DisclaimerThis 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 StatementThe information in this presentation that relates to Exploration Results is based on information compiled by Mr P. A. Roberts, who is a Fellow of the Australian Institute of Geoscientists, and has had sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Roberts is an employee of Predictive and consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears.

    PDI Corporate Presentation Page 2

  • Predictive Discovery Limited West African Gold Explorer

    Strong Board, technically strong management and technology capability

    Institutional investor support

    Large, strategic ground position in Burkina Faso with two advanced projects

    Rapid progress and excellent drill results since listing in December 2010

    Advancing towards maiden JORC Resource in Burkina Faso

    PDI Corporate Presentation Page 3

  • PDI Corporate Presentation Page 4

    West Africa Focus

    Cote D’Ivoire project

    generation

    Cote D’Ivoire project

    generation

  • Board MembersBoard MembersMr. Phil Harman Non-Executive Chairman Board experience/Discovery track record

    Mr. Paul Roberts Managing Director Discovery track record/Technology leadership

    Dr. Tom Whiting Non-Executive Chairman Former VP Exploration – BHP Billiton Minerals

    Dr. Bobby Danchin Non-Executive Chairman Director – Mineral Deposits Ltd, Cluff Gold

    Mr. Phil Henty Non-Executive Chairman Extensive corporate and stockbroking experience

    Capital Structure

    Shares on Issue (ASX:PDI) 125 Million

    Share Price (52wk Range) $0.09 - $0.30

    Market Cap. (@0.093) $ 12 million

    Cash Position $ 2 million

    Enterprise Value $10 million

    Debt Nil

    Top 20 Shareholders (%) 46%

    Shareholders

    PDI Corporate Presentation Page 5

  • Strong team and technology capability

    PDI Corporate Presentation Page 6

    Exploration Manager –David Pascoe – ore discovery track record in 3 continents

    Chief Geologist – Barry Murphy – structural geologist, technology expert

    Technology –PredictoreTM – for target selection. Developed in $100M, 7 year long research program

    Burkina Faso team – July 2011

    General Manager, Burkina Faso – Aida Tamboura (circled) – extensive industry

    experience, very well connected in Burkina Faso government

  • Predictive Discovery’s advanced projects

    Bangaba Project:High grade drill resultsGeological model/resource potential understanding Along strike potential

    Bonsiega Project:20km long Laterite Hill Gold Field, open to SWMore 5km of gold mineralised strike lengthHigher grade zonesContinuity established at Dave East

    PDI Corporate Presentation Page 7

  • Large, strategic ground position - more than 100km of greenstone belt in Eastern Burkina Faso

    PDI Corporate Presentation Page 8

    Bangaba & BonsiegaResource potential identified

    Artisanal workingsWidespread

    Many targets Untested

  • Bangaba Project – high grade prospects

    PDI Corporate Presentation Page 9

    Solna and TambiriProspectsHigh grade intercepts28 years of artisanal miningSolna artisanal production –10 to15kg gold per monthResource potential definedAt contacts of diorite and granodiorite (pink unit) Along strike potential mostly untested

  • PDI Corporate Presentation Page 10

    PDI and historic drilling:16m @ 11g/t from 56m2m @56g/t from 65m5m @ 17g/t from 96m2m @ 56g/t from 54m5m @ 16g/t from 61m7m @ 13g/t Au from 117m6m @ 16g/t Au from 205m

    1.2km of strike so far drill tested in Tambiri, Solna

    Both prospects open along strike and at depth

    Over 6km of contact untested

    Bangaba high grade drill results

  • Tambiri Prospect – good grades, clear hole to hole correlation, open to depth and along strike

    PDI Corporate Presentation Page 11

    Tambiri Long Section

  • Solna Prospect – multiple veins, high grades, open to depth and along strike (open pit and underground potential)

    PDI Corporate Presentation Page 12

  • Major potential along strike at Solna

    PDI Corporate Presentation Page 13

    6km of bedrock gold anomalies in Solna areaArtisanal miners missed SolnaB and D Lodes, so more high grade veins likely to be found

  • Laterite Hill Gold Field discovery – very large gold mineralised system - 20km long beneath thin cover (5m average depth)

    PDI Corporate Presentation Page 14

    LEGENDBedrock samplesGold (parts per billion)

    Dave-Dave East

    0 2,500m

    Prospect 71 West

    Prospect 71Sirba River

    (flows in wet season)

    Sirba permit

    Madyabari permit

    Laterite Hill-Tamboana-Koundi

  • Laterite Hill Gold Field - large reconnaissance drilling program completed – many results still pending. Four major prospects with multiple lodes, some high grade.

    PDI Corporate Presentation Page 15

    PDI bedrock gold anomalies (drill

    coverage incomplete)

    Sirba permit

    Madyabari permit

    Drill holes –results pending Drill holes –results received

    0 2,500m

    Laterite Hill-Tamboana-Koundi

    Prospect 71

    Dave-Dave East

    Prospect 71 West

  • PDI Corporate Presentation Page 16

    Laterite Hill Gold Field – 4 major prospects, more than 5km strike, open in all directions

    Moderate grade, broad, shallow intercepts, multiple lodes, largely oxide with some higher grades in deeper, oxide-sulphide transition:

    10m @ 18g/t from 74m (Dave)26m @2.7g/t from 22m (Dave East)14m @ 3.7g/t from 66m (Dave East)46m @ 1.4g/t from 16m (Dave)24m @2.1g/t from 26m (Prospect 71)22m @1.4 g/t from 48m (Laterite Hill)

    Higher grades in narrower, NE trending veins (3 discovered so far):

    4m @ 7.1g/t from 20m (Prospect 71)5m @ 5.1g/t from 36m (Tamboana)4m at 5.7g/t from 76m (Koundi)

  • Dave East Prospect – 500m strike, open to east. Gold mineralisation continuity established from infill drilling

    PDI Corporate Presentation Page 17

    Cross section

  • PDI Corporate Presentation Page 18

    Dave East Prospect - higher grades within large low grade envelope. Gold mineralisation continuity established with infill drilling

  • Rapid Progress since listing

    PDI Corporate Presentation Page 19

  • PDI Corporate Presentation Page 20

    Planned work program

  • • 1 for 5 rights issue to raise $2M

    • Priced at 8 cents • One attaching option for

    every two shares issued with variable exercise prices:

    – 10 cents to June 2013– 15 cents to June 2014– 20 cents to June 2015

    • Sponsoring broker -CanaccordBGF

    PDI Corporate Presentation Page 21

    Rights Issue announced 28 May 2012

  • Predictive Discovery Limited Discovering Resources in West Africa

    Experienced Board, technically strong management, strong investor base, technology capability

    Rapid progress and excellent drill results since listing in December 2010

    Immediate focus on Bangaba high grade prospects

    Very large resource potential in Laterite Hill Gold Field

    Advancing towards maiden JORC Resource calculation in late 2012

    PDI Corporate Presentation Page 22

  • PDI Corporate Presentation Page 23

    Predictive Discovery LimitedWest African Gold Explorer

    Contact Details:Level 2, 9 Colin St, West Perth, Western Australia 6005

    Telephone: +61 402 857 249

    Email: [email protected]

    Website: www.predictivediscovery.com

  • PDI Corporate Presentation Page 24

  • PDI Corporate Presentation Page 25

  • PDI Corporate Presentation Page 26

    PREDICTORETM

    TECHNOLOGYEmerged from an

    Australian national research centre

    2 scales – terrane and drill target

    Drill target scale: 2 steps – validate against known deposit and then predict

    Use of geophysics and good geology mapping essential

  • PDI Corporate Presentation Page 27

    Burkina Faso – fast facts

    Advancing to resource calculation in Burkina FasoDisclaimer�This presentation contains only a brief overview of Predictive Discovery Ltd and its associated entities (“PDI or PPredictive Discovery Limited �West African Gold ExplorerStrong team and technology capabilityLarge, strategic ground position - more than 100km of greenstone belt in Eastern Burkina FasoBangaba Project – high grade prospectsTambiri Prospect – good grades, clear hole to hole correlation, open to depth and along strikeSolna Prospect – multiple veins, high grades, open to depth and along strike (open pit and underground potential)Major potential along strike at SolnaLaterite Hill Gold Field discovery – very large gold mineralised system - 20km long beneath thin cover (5m average depth)Laterite Hill Gold Field - large reconnaissance drilling program completed – many results still pending. Four major prospects Dave East Prospect – 500m strike, open to east. Gold mineralisation continuity established from infill drillingDave East Prospect - higher grades within large low grade envelope. Gold mineralisation continuity established with infill driRapid Progress since listingPlanned work programPredictive Discovery Limited �Discovering Resources in West AfricaBurkina Faso – fast facts