Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RIU Resurgence Conference 2020
21 slides from Genesis Minerals's conference presentation, Sep 16, 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 Resurgence 15 & 16 September 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 ► Agreement entered to acquire the Kookynie tenements, located immediately south-east of its flagship Ulysses Gold Project near Leonora in WA For personal use only ► Puts Genesis on a firm growth trajectory towards the establishment of a significa
Slide 4: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHARE PRICE 14 September 2020 CAPITAL STRUCTURE For personal use only Share Price A8.0c Shares on Issue 1,937 million Options on Issue 15.8 million Market Capitalisation ~A$155 million (@ A$0.080) Top 100 shareholders ~77% Cash ~A$24 million BOARD and MANA
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 deposits estimated to For personal use only contain 4.6Mt @ 1.7g/t gold for 246,000oz ► Initial program completed ► Significant shallow gold mineralisation confirmed1 ► Validated historical drilling ► Similar host rocks to Ulysses
Slide 10: Kookynie: Admiral – Clark – Butterfly
Kookynie: Admiral – Clark – Butterfly For personal use only Slide 10
Slide 11: Kookynie: Admiral – Clark – Butterfly – Geology Overview
Kookynie: Admiral – Clark – Butterfly – Geology Overview ► Internally differentiated sills show clearly granophyric/qtz-rich For personal use only portions in their upper central parts and pyroxene enrichment towards their respective southern margins. ► Drilling targeting moderate to shallow, NE dip
Slide 12: 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 12
Slide 13: 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 14: 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 15: Ulysses: Archduke exciting discovery opportunity
Ulysses: Archduke exciting discovery opportunity ► Significant oxide gold mineralisation at the Archduke For personal use only prospect ► Located immediately south-east of the 246,000oz Admiral-Clark- Butterfly deposits ► +1.5km long oxide zone at Archduke to be tested by Reverse Circulation drillin
Slide 16: 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 t
Slide 17: Path Forward: Next Months
Path Forward: Next 7 Months For personal use only STATUS Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Option Period In Progress Nearing Admiral-Clark-Butterfly OW-Puzzle Resource Confirmation completion Extensional Drilling To commence Admiral-Clark-Butterfly-OW-Puzzle Exploration Drilling Comme
Slide 18: 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 19: 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 20: 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 21: 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 21