Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Shareholder Meeting (December 2008)
17 slides from Genesis Minerals's shareholder meeting presentation, Dec 1, 2008
Slide 1: 2008 AGM Presentation
For personal use only 2008 AGM PRESENTATION
Slide 2: Introduction
Introduction For personal use only • Introduction • 2008 Overview • Merceditas • Looking Forward 2
Slide 3: 2008 Overview
2008 Overview For personal use only • August 07 - Listed - raising $3 million • September 07 – Scamp Rock (U) • October 07 - Trainor JV (Ni, Cu, PGEs, Pb, Zn) • January 08 – Acquired option over Merceditas Cu – Au Project in northern Chile • May 08 – Trainor JV infill and first pass soil sampling •
Slide 4: Corporate Overview
Corporate Overview For personal use only • Non Executive Chairman Michael Haynes • Managing Director/CEO Michael Fowler • Non Executive Director Graeme Smith • Company Secretary Graeme Smith • Chile Representative Sergio Mandujano • Shares – Total Issued 26,450,010 – Unlisted Options 9,750,000 – Mar
Slide 5: Why Chile
Why Chile For personal use only • World’s largest copper producer – 36% of world production – 3 of 5 largest Cu mines globally • Regularly ranked in top 4 countries for mining and exploration – Fraser Institute • Santiago – modern city of over 6 million • Very good infrastructure • Good title – prop
Slide 6: Merceditas Project
Merceditas Project For personal use only • Located 1000km north of Santiago • 11 Exploitation Concessions form 18km2 Project • Option to acquire 100% – Private Chilean Company Andes Pacific – Staged payments over 36 months of $US6 million and completion of BFS • Located in world class “IOCG” Provinc
Slide 7: Merceditas Project
Merceditas Project For personal use only • Excellent location • Easy access by road from major highways • Low elevation ~ 1,300m to ~1,600m. Great access established. Merceditas • Work all year round • 80km from Chanaral Port • 15km from power grid • Experienced local work force 7
Slide 8: Merceditas
Merceditas For personal use only • Significant Cu oxide and Au mineralisation defined at surface over 5km by 3km area • Paula – IOCG Deposit – Historical trenching with limited drilling – Significant trench results from previous explorers • Lucy – Porphyry Cu-Au – Historical trenching and wide space
Slide 9: Merceditas – Paula
Merceditas – Paula For personal use only • Principal Zone SE • Cu oxide mineralisation defined over 600m • Best results to date • 28m@ 1.07% Cu • 34m@1.12% Cu • 28m@ 0.80% Cu • Pupy Zone • Cu oxide mineralisation defined over 400m strike • Wide zones of Cu mineralisation were returned from surface •
Slide 10: Merceditas – Paula
For personal use only Merceditas – Paula 10
Slide 11: Merceditas – Lucy
Merceditas – Lucy For personal use only • Cu and Au mineralisation over a zone 600m x 400m • Oxide untested to N, NE and W • 1200m x 400m area to be tested • Limited drilling to date • Grade increasing to NE • Potential to add +4MT oxide per 100m drilled • Rapid resource expansion possible with limi
Slide 12: Merceditas – Lucy
For personal use only Merceditas – Lucy 12
Slide 13: Trainor Project
Trainor Project For personal use only • Farmin/JV with Dominion – $2.5M over 4 years for 70% – Completed 1st Year Expenditure of $300,000 • 4 granted ELs ~759km2 • 400km NE of Wiluna • Prospective for Cu, Ni, Zn, Pb, Au and U in a variety of styles – Overlies the Mesoproterozoic Oldham Inlier – Pros
Slide 14: Trainor Project
Trainor Project For personal use only • Exploration – Potential for to host both magmatic Ni – Cu -PGE and sediment-hosted base- metal deposits – Completed two large soil geochemical programs in first 12 months – 2,152 lag sample program completed in May 08 – 400m x 50m infill sampling on E69/1930 –
Slide 15: Trainor Project
Trainor Project For personal use only • E69/1930 Oldham Range – NW trending coincident Cu – Ni – PGE anomalous zone defined over 6km of total strike length – Anomaly B - • Max values 740ppm Cu and 452ppm Ni • Embayment in intrusion – Anomaly C - • Max values 634ppm Cu and 266ppm Ni • Gossan – Associ
Slide 16: Going Forward
Going Forward For personal use only • Merceditas Project – Completed 2 phases of drilling – Data compilation and interpretation of drilling is completed – JORC Code Compliant Resource to be completed by early December 08 – Mineralised zones drilled to date all remain open along strike and at depth a
Slide 17: Competent Persons Statement
For personal use only Competent Persons Statement Information in this presentation that relates to Exploration Results or Mineral Resources was compiled by Michael Fowler, Genesis Minerals Limited Managing Director, who is a Member of The Australasian Institute of Mining and Metallurgy. Michael Fowl
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