Predictive Discovery

Overview

Predictive Discovery Limited (ASX: PDI) is an Australian-based mineral exploration and development company primarily focused on discovering and developing economic gold reserves in the highly prospective Birimian-age Siguiri Basin of Guinea, West Africa. Incorporated in 2007 and headquartered in West Perth, Australia, the company has rapidly positioned itself within the basic materials sector with a clear trajectory toward becoming a major African gold producer.

The Flagship: Bankan Gold Project

The cornerstone of Predictive Discovery’s portfolio is the Tier-1 Bankan Gold Project, located in the north-east of Guinea. This project is widely regarded as the largest gold discovery in West Africa in a decade.

• Significant Resource: The Bankan Project, encompassing an area of approximately 356 square kilometers across four exploration permits (Kaninko, Saman, Bokoro, and Argo), boasts a substantial Mineral Resource Estimate (MRE), most recently standing at 5.53 million ounces (Moz) of gold, which includes a significant Ore Reserve of 2.95 Moz.
• Development Pathway: The company has fast-tracked the project, completing a Definitive Feasibility Study (DFS) that confirms its robust economics, outlining an average annual gold production of approximately 250,000 ounces over a mine life exceeding 12 years. The project is advancing toward a final investment decision, with the Environmental & Social Impact Assessment (ESIA) already approved and the Exploitation Permit application in the final stages of government review, reflecting strong government support.
• Strategic Location: The project lies on a highly prospective, 35km long gold-bearing super-structure, indicating significant potential for further resource growth and new discoveries near the main NEB and BC deposits, as well as regionally.

Corporate Strategy and M&A

Predictive Discovery’s strategy is centered on sustainably bringing the Bankan Project into production while continuing exploration and development of other assets in Guinea. This is supported by a Board and management team with extensive experience in developing and operating gold mines across Africa.

In a transformative move to accelerate this strategy, Predictive Discovery and Robex Resources Inc. have agreed to a merger of equals, targeting the creation of a significant West Africa-focused gold company.

• The Combined Entity: The merged entity is projected to have a combined market capitalization of over A$2 billion, bringing together Bankan's massive development potential with Robex's operational expertise and existing assets, including the Kiniero Project in Guinea and the Nampala Gold Mine in Mali.
• Production Outlook: The combination is expected to create one of West Africa’s leading gold producers, with a target of over 400,000 ounces per annum by 2029, and combined mineral resources of approximately 9.5 Moz. This transaction is set to position Guinea as one of Africa's top five gold producers.

Financial and ESG Commitment

The company is well-funded, having secured strategic investment commitments from major global mining players, including the Lundin family and Zijin Mining Group. Predictive Discovery operates with a clear commitment to environmental, social, and governance (ESG) standards, with a focus on delivering long-term value to all stakeholders, including local communities and the Government of Guinea, which holds a 15% ownership stake in the Bankan Project.