Slide 1: A New Growth Story in Western Australian Gold
For personal use only A New Growth Story in Western Australian Gold • Gold production imminent following execution of mining alliance & toll milling agreements • Cash flow by Q4 2016 • Outstanding exploration upside in world-class provinces Corporate Presentation August 2016
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 earnings, cash flow, costs and financial performance. Forward looking statements include, but are not limited
Slide 3: A New Growth Story in Western Australian Gold
A New Growth Story in Western Australian Gold • Mining set to commence at Ulysses West following completion of positive feasibility study and board approval for development of the For personal use only Ulysses West pit • Mining Alliance entered into with SMS Innovative Mining Pty Ltd (‘SMS’) • Subje
Slide 4: Corporate Overview
Corporate Overview Capital Structure Board and Management For personal use only Share Price 3.0c Richard Hill Chairman Shares on Issue (post placement) 634 million • Geologist & Solicitor Options on Issue 27.2 million • 20 years of resource experience, involved at all levels Market Capitalisation (@
Slide 5: Ulysses West – Project Summary
Ulysses West – Project Summary Located in the heart of WA’s world-renowned Yilgarn Craton (Eastern Goldfields) For personal use only • • Positive Feasibility Study completed on initial pit at Ulysses West • Mining to commence at Ulysses West where initial Probable Ore Reserve1 of 74,000 tonnes at 4.
Slide 6: Ulysses West – Key Project Economics
Ulysses West – Key Project Economics Key Financial Outcome – 2016 Feasibility Study Total For personal use only Ulysses West Ore Reserve 9,700 ounces Recovered Ounces 8,900 ounces Mine Life 4 months Mined Tonnes 74,000 Mined Grade 4.1 g/t Au Pre – Production Capex (Site Establishment, Phase 1 Grade
Slide 7: Ulysses West – Mining Alliance Agreement
Ulysses West – Mining Alliance Agreement • Mining Alliance entered into with highly regarded SMS Innovative For personal use only Mining Pty Ltd (“SMS”) • SMS to provide a mix of equity and debt funding to support development of the Project subject to GMD Shareholder approval • Equity of up to A$2.5
Slide 8: Ulysses West – Toll Milling Agreement
Ulysses West – Toll Milling Agreement • Binding Toll Milling Agreement entered into with Paddington Gold Pty Ltd (“Paddington”), a wholly owned subsidiary For personal use only of Norton Gold Fields Ltd • Competitive milling rates secured with ore haulage to be undertaken by Paddington’s preferred h
Slide 9: Ulysses West – Approvals
Ulysses West – Approvals For personal use only Approval Status Grant of Mining Tenement and associated Tenement Conditions Granted until 2021 DMP Clearing Permit 13 August 2016 – 31 August 2021 (CPS 7052/1) subject to final advertising DoW Groundwater Abstraction Licence Issued DoW Construct or Alte
Slide 10: Ulysses – Near-Mine Exploration Targets
Ulysses – Near-Mine Exploration Targets For personal use only • Underground potential – Interpreted Plunge of High Grade Shoots limited drilling below 100m vertical • Geological model confirmed • Significant potential to expand Ulysses Ulysses West Resource base and commence mining in other location
Slide 11: Ulysses – Near-Mine Exploration Targets
Ulysses – Near-Mine Exploration Targets For personal use only Looking North 11
Slide 12: Viking Gold Project - Location
Viking Gold Project - Location Viking Gold Project For personal use only • Second highly prospective gold exploration project held by the Company • Located in world-class Albany-Fraser Orogen (Tropicana gold deposit, Nova-Bollinger nickel deposit) • Under-explored area with significant discovery pot
Slide 13: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect • Significant wide zone of near surface oxide mineralisation For personal use only intersected • +100m wide sub horizontal blanket • 1.5km long aircore defined gold anomaly to be drill tested Potential to define a large oxide gold zone associated with a high-g
Slide 14: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 4 Prospect • High-grade gold intersected For personal use only • Gold mineralisation is hosted by sheared pyrite- bearing quartz veins • Three open ended mineralised trends (+2km) to be targeted by follow up RC and aircore (AC) 14
Slide 15: Summary – Pathway to Production and Growth
Summary – Pathway to Production and Growth Ulysses Gold Project – Western Australia For personal use only Mining Alliance Agreement entered into with SMS Innovative Mining Pty Ltd which provides funding for the initial mining operation at Ulysses West Highly Competitive Toll Milling Agreement no
Slide 16: Appendix - Ulysses Project Resources and Reserves
Appendix 1 - Ulysses Project Resources and Reserves Ulysses Ore Reserve Summary For personal use only Ore Reserve Category Tonnes Au g/t Au Oz Proved - - - Probable 74,000 4.1 9,700 Total 74,000 4.1 9,700 Ulysses Mineral Resource Inclusive of Ore Reserves Mineral Resource Category Tonnes Au g/t Au O
Slide 17: 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