Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RIU Explorers Conference 2021
25 slides from Genesis Minerals's conference presentation, Feb 17, 2021
Slide 1: Growing ounces, gaining momentum at Ulysses
For personal use only Growing ounces, gaining momentum at Ulysses • On track to upgrade 1.28Moz Resource in Q1 2021 • Feasibility Study, Q2 2021 • Drilling underway targeting next leg of growth 16 – 18 February 2021 Growing and Developing a new high–grade Australian gold project in a Tier–1 location
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: Investment Overview: Targeting Mid-Tier Gold Status
Investment Overview: Targeting Mid-Tier Gold Status ► WA gold explorer-developer focused on the 100%-owned Ulysses Gold Project For personal use only ► Located in the heart of WA’s premier Leonora-Laverton gold district ► Expanded 650km2 tenement position following strategic Kookynie acquisition ► T
Slide 4: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHARE PRICE CAPITAL STRUCTURE For personal use only Share Price A7.1c Shares on Issue 1,943 million Options and PRs on Issue 29.7 million Market Capitalisation ~A$139 million (@ A$0.071) Top 100 shareholders ~77% Cash Dec 31 2020 ~A$18.3 million BOARD and
Slide 5: A transformational opportunity
Ulysses: A transformational opportunity ► Project expanded via strategic acquisition of adjoining Kookynie For personal use only tenements – a 248km2 tenement package covering a 15km strike length of the Ulysses-Orient Well trend ► Provides an opportunity for strong near-term Resource growth ► RC an
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 with widespread gold anomalism near-surface and limited deeper exploration
Slide 7: A transformational opportunity
Ulysses: A transformational opportunity ► Genesis control an area of +650km2 For personal use only ► Assets include: ► 20-person exploration camp ► Bore field (DWER approved 1.2M kL Annual Water Entitlement) ► Haul roads and access roads ► Drilling activities focused on: ► Confirming and upgrading e
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: Admiral – Clark – Butterfly
Ulysses: Admiral – Clark – Butterfly ► Admiral, Clark and For personal use only Butterfly deposits estimated to contain 4.6Mt @ 1.7g/t gold for 246,000oz ► Significant shallow gold mineralisation confirmed1 ► Validated historical drilling ► Similar host rocks to Ulysses Deposit ► Objective is to cap
Slide 10: Admiral
Ulysses: Admiral For personal use only Refer to the ASX GMD announcements dated 24 June, 15 & 29 September and 9 December 2020 for full details of the results. Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 10
Slide 11: Clark
Ulysses: Clark For personal use only Refer to the ASX GMD announcements dated 24 June, 15 & 29 September 2020 and 13 January 2021 for full details of the results. Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 11
Slide 12: Butterfly
Ulysses: Butterfly For personal use only Refer to the ASX GMD announcements dated 24 June, 15 & 29 September, 9 December 2020 and 13 January 2021 for full details of the results. Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 12
Slide 13: Admiral – Clark – Butterfly – Geology Overview
Ulysses: Admiral – Clark – Butterfly – Geology Overview ► Three differentiated dolerite sills to target For personal use only ► Drilling targeting moderate to shallow, NE dipping shears and E-W to ENE oriented shears dipping moderately to steep north ► Key mineralisation controls identified include:
Slide 14: Admiral – Clark – Butterfly
Ulysses: Admiral – Clark – Butterfly Looking Local Grid North For personal use only Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 14
Slide 15: Orient Well
Ulysses: Orient Well ► Current Resource – For personal use only northern end of pit ► 1.51Mt @ 1.3g/t gold for 61,000oz ► Mineralisation associated with a quartz stockwork hosted by NE dipping felsic volcanics ► Historical drilling (<~100m) returned very high gold grades within a broad zone of gold
Slide 16: Orient Well
Ulysses: Orient Well For personal use only 600m Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 16
Slide 17: Orient Well – Sections 10,475N and 10,900N
Ulysses: Orient Well – Sections 10,475N and 10,900N For personal use only Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 17
Slide 18: 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 19: Archduke exciting discovery opportunity
Ulysses: Archduke exciting discovery opportunity ► Located immediately south-east of the 246,000oz Admiral-Clark- For personal use only Butterfly deposits ► +2.0km long, near surface gold mineralised zone at Archduke ► Excellent potential to define shallow Resources ► To be tested by Reverse Circula
Slide 20: Ulysses to Orient Well Corridor
Ulysses: Ulysses to Orient Well Corridor For personal use only Ulysses Exploration Target Admiral - Clark - Butterfly Orient Well Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 20
Slide 21: Feasibility Study On Track
Ulysses: Feasibility Study On Track ► Feasibility Study on the development of a standalone For personal use only mining and processing operation at Ulysses ► Objective is to source ore from Ulysses with a focus on the Admiral-Clark-Butterfly area and Orient Well for initial open pit sources ► Finali
Slide 22: Summary: Key Takeaways
Summary: Key Takeaways Expanding the Ulysses Gold Project as the foundation for a mid-tier gold company… For personal use only Genesis on a firm growth trajectory towards the establishment of a significant new standalone gold mining and processing operation at Ulysses Strong progress being made on r
Slide 23: 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 24: 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 25: 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 25