Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Virtual Gold Conference 2020
19 slides from Genesis Minerals's conference presentation, Aug 20, 2020
Slide 1: Ulysses Gold Project: Transformational acquisition of Kookynie
For personal use only Ulysses Gold Project Transformational acquisition of Kookynie Tenements supports strategy to establish a significant new standalone gold mining and processing operation at Ulysses Virtual Gold Conference – 20 August 2020
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Some statements in this report regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future matters. Forward looking statements include, but are not limited to, statements preceded by words such as “pl
Slide 3: Kookynie Acquisition: A transformational opportunity
Kookynie Acquisition: A transformational opportunity ► Genesis has entered into a binding agreement to acquire the Kookynie tenements, located immediately south-east of its flagship Ulysses Gold Project For personal use only near Leonora in WA ► Puts Genesis on a firm growth trajectory towards the e
Slide 4: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHARE PRICE CAPITAL STRUCTURE For personal use only Share Price A6.7c Shares on Issue 1,822 million Options on Issue 25.8 million Market Capitalisation ~A$123 million (@ A$0.067) Top 100 shareholders ~70% Cash – July 2020 ~A$21 million BOARD and MANAGEMENT
Slide 5: Kookynie Acquisition: A transformational opportunity
Kookynie Acquisition: A transformational opportunity ► Consolidates Genesis’ ownership of a key segment of a highly prospective gold corridor along strike from the Ulysses deposit For personal use only ► Provides an opportunity for strong near-term Resource growth ► Feasibility Study commenced on a
Slide 6: Ulysses-Orient Well Shear Corridor: An Exceptional Target
Ulysses-Orient Well Shear Corridor: An Exceptional Target ► Ulysses-Orient Well shear corridor has a significant gold endowment based on past production and current Resources For personal use only ► 15km E-W oriented segment (jog) with widespread gold anomalism near-surface and limited deeper explor
Slide 7: Kookynie Acquisition: A transformational opportunity
Kookynie Acquisition: A transformational opportunity ► Genesis will control an area of +650km2 For personal use only ► Acquisition includes a 20-person accommodation camp, bore field (DWER approved 1.2M kL Annual Water Entitlement), haul roads and access roads ► Initial drilling activities to: ► Con
Slide 8: Ulysses – Large High-Grade Gold System
Ulysses – Large High-Grade Gold System For personal use only ► High-grade, high quality JORC 2012 Mineral Resource: ► 8.5Mt @ 3.2g/t gold for 867,000oz – open ► High-grade portion of resource estimated to contain: ► 4.8Mt @ 4.5g/t gold for 695,000oz ► Includes high-grade shoots containing: ► 1.73Mt
Slide 9: Kookynie: Admiral – Clark – Butterfly
Kookynie: Admiral – Clark – Butterfly ► Admiral, Clark and Butterfly For personal use only deposits estimated to contain 4.6Mt @ 1.7g/t gold for 246,000oz N ► Drilling to target NE- dipping thrusts and E-W to ENE oriented shears dipping moderately north ► Similar host rocks to Ulysses Deposit ► Obje
Slide 10: Kookynie: Admiral – Clark – Butterfly
Kookynie: Admiral – Clark – Butterfly ► Numerous highly-ranked targets For personal use only ► Drilling focusing on ~1.8km of strike and comprises Plan View Resource confirmation and strike and dip extensions ► Exploration drilling targeting repeat structures to be undertaken following completion of
Slide 11: Kookynie: Orient Well
Kookynie: Orient Well For personal use only Refer to the ASX announcement dated 24 June 2020 for full details of the exploration results for Orient Well Slide 11
Slide 12: Kookynie: Orient Well
Kookynie: Orient Well ► Current Resource - 1.51Mt @ 1.3g/t gold for 61,000oz NW For personal use only ► Mineralisation hosted within a quartz stockwork mainly hosted by felsic volcanics, with mineralisation focused on a moderate NE-dipping basalt-felsic contact SE ► High-priority initial target to t
Slide 13: Ulysses: Exciting new discovery opportunities
Ulysses: Exciting new discovery opportunities ► Genesis now controls over 40km of strike of highly prospective For personal use only ground ► Genesis is the first Company to control the whole area ► Vast regional exploration upside ► Pipeline of both near-mine and regional exploration targets ► Airc
Slide 14: Ulysses: Feasibility Study
Ulysses: Feasibility Study ► Feasibility Study based on a standalone mining and processing operation at Ulysses For personal use only ► Study will use inputs from the robust Ulysses toll milling Feasibility Study as a base ► It is anticipated that ore will be sourced from both Ulysses and Kookynie,
Slide 15: Path Forward: Next Months
Path Forward: Next 8 Months For personal use only STATUS Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Option Period In Progress Admiral-Clark-Butterfly Resource Confirmation In Progress OW-Puzzle Extensional Drilling To commence Admiral-Clark-Butterfly-OW-Puzzle Exploration Drilling Comme
Slide 16: Summary: Key Takeaways
Summary: Key Takeaways Expanding the Ulysses Gold Project as the foundation for a mid-tier gold company… For personal use only Kookynie acquisition is very positive from a strategic, corporate, geological and tactical perspective Puts Genesis on a firm growth trajectory towards the establishment of
Slide 17: Kookynie: Mineral Resources
Kookynie: Mineral Resources 0.5g/t Au Cut-off, Depleted for Historical Mining For personal use only Indicated Inferred Total Deposit Tonnes Au Au Tonnes Au Au Tonnes Au Au Mt g/t Oz Mt g/t Oz Mt g/t Oz Butterfly 0.54 1.7 30,000 0.52 1.7 29,000 1.06 1.7 59,000 Admiral 1.40 2.0 89,000 1.38 1.5 66,000
Slide 18: Ulysses: December 2019 Mineral Resource
Ulysses: December 2019 Mineral Resource Measured Indicated Inferred Total Domain Tonnes Au Tonnes Au Tonnes Au Tonnes Au Au For personal use only Mt g/t Mt g/t Mt g/t Mt g/t Ounces HG Shoots 0.66 6.0 0.89 6.5 0.19 8.2 1.73 6.5 360,600 Shear Zone 0.14 1.3 3.20 2.2 1.88 3.2 5.21 2.5 426,100 Ulysses Ea
Slide 19: Contact Details
For personal use only Contact Details: U6, 1 Clive Street, West Perth WA 6005 PO Box 937, West Perth WA 6872 Phone: +61 8 9322 6178 ACN 124 772 041 www.genesisminerals.com.au / info@genesisminerals.com.au Slide 19