Big picture - Why invest in Predictive Discovery Ltd
Predictive Discovery Ltd Snapshot
Predictive Discovery Limited (ASX:PDI) was established in late 2007 to explore for gold and uranium. The company is focusing principally on exploration for gold in West Africa with one additional project for gold in Australia. The company has a distinctive technological capability, known as Predictore®, that sets it apart from its peers.
Cote d'Ivoire Projects
PDI holds four highly prospective exploration permits in Cote D’Ivoire: Kokumbo, Ferkessedougou, Boundiali and Kounahiri, covering a total area of 1,533km2 (Figure 1). These permits were selected by a country-wide analysis of geophysical and geological data using the same Predictore® methods which were used to select the Company’s ground in Burkina Faso.
Burkina Faso Projects
Bangaba, Burkina Faso
The Bangaba Project in Eastern Burkina Faso (Figure 1) covers areas of extensive artisanal mining. PDI is earning a 95% interest in the 128 km2 Bangaba exploration permit by making a series of staged payments in cash and shares.
Bonsiega Project, Burkina Faso
The Bonsiega Permit Group covers nine exploration permits totalling 1,045 km2 in area with approximately 100km of strike length in the same greenstone belt which hosts the Samira Hill Mine in Niger. A tenth permit, Bassieri, which covers an additional 74km2, is close to being granted. Most of the permits contain artisanal workings and/or significant gold geochemical anomalies.
PDI commenced exploration in Victoria in 2010. The focus was on discovering new Stawell-like gold deposits. Such deposits may be both large and high grade, like the Stawell orebody itself. Stawell-type deposits differ from the more typical Bendigo-style quartz reefs in that gold distribution is much more predictable, thereby enabling the application of modern methods of resource calculation and mining. In contrast, the Bendigo-style of deposit is generally characterised by very "nuggetty" gold distribution which means that is very difficult to predict the grade and width of the mineralisation even from close spaced drilling.
At this stage, the Company holds only one Exploration Licence, west of Ballarat - Cape Clear (EL 5434).
(click here for information on the projects for Victoria)
Last updated 14th June 2018
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.
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).
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 14th June 2018
Predictive Discovery Ltd
Level 2, 33 Ord Street
West Perth WA 6005
Telephone: +61 8 9216 1000
Fax: +61 8 9481 0411