Overview

Predictive Discovery Ltd ("PD") is an exploration company that is using a new technology-based approach to make large high value mineral discoveries. PD's ambition is to be an enduring highly successful mineral exploration company which will, with time, establish a new industry standard for low discovery cost via an intense focus on targeting efficiency.

PD's initial goal is to discover high value gold deposits in West Africa and Australia. However the technology is applicable to other commodities and other regions.  Therefore, in the medium term, investors in PD can expect the company to diversify into other areas where there are compelling and well researched reasons for believing that (1) high value mineral discoveries can be made and (2) the Company's capabilities can be used effectively to reduce discovery cost.

PD is a commercialisation outcome of a large research program known as the Predictive Mineral Discovery Cooperative Research Centre (pmd*CRC). This research centre operated from 1 July 2001 to 30 June 2008 for a total cost (cash and in-kind) of approximately $100 million. pmd*CRC research participants were AMIRA, CSIRO, Geoscience Australia, the University of Western Australia, James Cook University, Monash University, the University of Melbourne and Latrobe University. Also, during its life, the CRC was sponsored by 23 mining and mineral exploration companies and all Government Geological Surveys in the mainland States of Australia.