Predictive Discovery Ltd (ASX:PDI)

Predictive Discovery Ltd (ASX:PDI)


Share Price
$ 0.01
Change
-0.001 (-10.00 %)
Market Cap
$2.66 m
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Predictive Discovery Ltd

Predictive Discovery Ltd (ASX:PDI) is a gold exploration company focused in West Africa, and has additional interests in Australia.

EPIC: PDI
Market: ASX:PDI
52-week High/Low: A$0.035 / A$0.009
Sector: Mining
Market Cap: $2.66 m
Website: www.predictivediscovery.com
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Big Picture – A Deep Dive Examination of Predictive Discovery Ltd


Predictive Discovery Ltd Snapshot

With exposure to a world class region, Predictive Discovery (ASX:PDI) is focused on its west African gold projects in Burkina Faso, Cote D’Ivoire and Guinea.

Our prospect generator model provides a pipeline of continuous and early stage exploration opportunities, partnering with experienced and respected companies to fund ongoing exploration and leveraging their expertise to realise shareholder value.

Burkina Faso
8 exciting prospects with an established Mineral Resource Estimate

Predictive’s Bongou Project (Area of Influence) covers a tenements over 1070km² in the Samira Hill greenstone belt in eastern Burkina Faso.

In September 2017 the Company entered into a joint venture with Progress Minerals International to allow Progress to earn a 70% interest in all permits within the area of influence by spending $US5 million on exploration and project evaluation. The Joint Venture’s objective is to advance as quickly as possible towards a scoping study on a multi-pit mining operation feeding a central mill.

Predictive has been granted 623km² of new landholdings with three new permits (Bolle, Kourakou and laro).

(click here for the projects)


Cote D’Ivoire
10 exciting prospects with potential for multiple large gold discoveries

In recent years Predictive has expanded its ground position in Cote D’Ivoire to over 6000km2. The country covers over a third of the highly prospective Birimian gold belt, more than any other country in west Africa.

Cote D’Ivoire is highly underexplored for gold because the exploration investment boom in the decade to 2012 largely bypassed the country due to political instability.

In Cote D’Ivoire, Predictive has development agreements with Toro Gold Limited and Progress Minerals International (Inc). It also has three permit applications in the name of its 100% subsudiary, Ivorian Resources SARL.

(click here for the projects)


Guinea
3 prospects located in the Siguiri Basin

Predictive has recently acquired three 100% owned Reconnaissance Authorisations covering 300km2 across the richly mineralised West African Birimian gold belt. The new permits, Nonta, Soulouko and Kankan are located in the Siguiri Basin, which the Company’s PredictoreTM methodology has identified as being both highly-prospective and underexplored.

The Nonta Authorisation is a high-priority for the Company with widespread artisanal workings yielding many kilograms of gold.

The new Authorisations form part of the Company’s prospect generator strategy of acquiring multiple permits in different areas and undertaking rapid, low-cost early stage exploration which aims to maximise the likelihood of discovering multiple gold deposits while minimising exploration costs.

 

Last updated 22nd January 2019

Paul Roberts
Managing Director
BSc, MSc, FAIG

Paul Roberts has had a long and successful history in mineral exploration management and mine geology in Australia, West Africa and Peru where he has been associated with a number of discoveries including the Henty gold deposit in Tasmania, and more recently the Bongou gold deposit in Burkina Faso. He has been the CEO of PDI since its inception in 2007. He is the architect of PDI's business model and is responsible for assembling PDI's project portfolio and West African team.


Phillip Jackson
Non-Executive Chairman
B. Juris (LLB), MBA, FAICD
 
Phillip Jackson is an Australian lawyer and Company Director based at Perth, Australia. He is admitted to practice as a Barrister and Solicitor. He has had a long career in the petroleum and mining industries along with extensive experience as a public company director, particularly in the resources sector. He is a founding director and Chairman of Aurora Minerals Limited and Peninsula Mines Limited (both listed on ASX). He is also a founding director of Scotgold Resources Limited (listed on AIM and ASX).


David Kelly
Non-Executive Director
 
Mr Kelly is a geologist and is currently a director of Optimum Capital Pty Ltd. Mr Kelly is a highly experienced executive and director with almost 30 years involvement in the resources sector. Mr Kelly brings a wealth of experience to the Company in the areas of geology and also in the areas of strategic analysis and project evaluation. Mr Kelly is currently a non-executive director of ASX listed company, Renaissance Minerals Limited.
 


Last updated 22nd January 2019

Predictive Discovery Ltd

Level 2, 33 Ord Street
West Perth WA 6005

Telephone: +61 8 9216 1000
Fax: +61 8 9321 4692

Directors

Mr Phillip Jackson (Chairman)
Mr Paul Roberts (Managing Director)
Mr David Kelly (Non Executive Director)


Company Secretary

Mr Eric Moore
Mr Bruce Waddell


Registered Office

Suite 2, Level 2
20 Kings Park Road
West Perth WA 6005


Postal Address

PO Box 1710
WEST PERTH WA 6872


Auditor

Moore Stephens
Level 18, 530 Collins Street
MELBOURNE VIC 3000


Share Registry

Link Market Services Limited
Level 4, 152 St Georges Terrace
PERTH WA 6000

Telephone: +61 8 9211 6670
Email: [email protected]


ASX Code

PDI

 


Last updated 22nd January 2018

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