PREE DISC 
By Phillip Harman
Non-Exec Chairman
Paul Roberts
Managing Director
Bobby Danchin
Non-Executive Director
Tom Whiting
Non-Executive Director
Phil Henty
Non-Executive Director
ASX Announcement 6th August 2012
PDI Acquires 100% of ElDore Joint Venture, Burkina Faso
Predictive Discovery Limited (ASX: PDI) is pleased to
announce that it has signed an agreement with Stratos
Resources Limited (ASX: SAT; formerly ElDore Mining
Corporation Limited), enabling PDI to move to 100% ownership
of the four Burkina Faso permits that constitute the ElDore
Joint Venture. These permits cover 621km2 and
include the Laterite Hill Gold Field, a 20km long zone of
gold mineralisation, in which PDI has obtained excellent
drill results over eight separate zones of gold
mineralisation with a cumulative strike length of at least
8km to date.
This is an important strategic development for PDI in
consolidating and simplifying the ownership of some of the
key tenements in the Company's extensive project
portfolio.
SAT currently holds 27.9% of Birrimian Pty Ltd ("BPL") the
underlying owner of the four Joint Venture permits. PDI
currently owns 72.1% of BPL. Subject to approval by an
Extraordinary General Meeting of SAT shareholders, PDI will
purchase SAT's entire shareholding in BPL for the
consideration of 13 million PDI shares. At the same time, SAT
will make a cash payment to PDI of
$140,000 in partial repayment of outstanding cash calls from
the Joint Venture. Also, as part of this transaction, SAT and
its Directors are contributing $160,000 to the shortfall in
PDI's recent entitlement issue which closed on
20th July 2012.
Other provisions of the agreement include:
