Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Diggers and Dealers 2023
23 slides from Genesis Minerals's conference presentation, Aug 7, 2023
Slide 1: Heart of Gold: Creating a leading Australian gold house
For personal use only HEART OF GOLD Creating a leading Australian gold house DIGGERS AND DEALERS PRESENTATION August 2023
Slide 2: Important Information
Important Information IMPORTANT: YOU MUST READ THE FOLLOWING SECTION BEFORE CONTINUING The following notices and disclaimers apply to this presentation (Presentation) and you are therefore advised to read this carefully before reading or making any other use of this Presentation or any information c
Slide 3: Important Information: JORC and Listing Rules Compliance Statement
Important Information JORC and Listing Rules Compliance Statement The information in this Presentation that relates to: 1. Exploration results referable to Genesis is extracted from Genesis' ASX announcement titled “Quarterly Activities Report - June 2023” released to the ASX on 31 July 2023 and for
Slide 4: Corporate Overview
Corporate Overview Key metrics (ASX: GMD) - At 7th August unless otherwise stated Board Shares on issue 1,036m1 Non-Executive Chairman Tony Kiernan Managing Director Raleigh Finlayson For personal use only Share price A$1.38 Market capitalisation A$1.43b Non-Executive Director Michael Bowen Cash A$1
Slide 5: Creating a Leading Australian Gold House
Creating a Leading Australian Gold House 100% focused on Leonora: ► Successful acquisition of St Barbara's Leonora assets, including Dominant position in the prolific Leonora District the Gwalia underground mine, 1.4Mtpa Leonora mill, Tower Hill For personal use only project ► 3.9Moz Group Reserves
Slide 6: Business Development - Leonora transaction gets the green light
Business Development - Leonora transaction gets the green light 5-year VISION set in April 20221 is on track: VISION M&A COMMODITY JURISDICTION SCALE PROJECT MINING AND GEOLOGY & COSTS/ STAGE METALLURGY MINE LIFE FINANCIAL For personal use only “The premium Australian Discipline first - Track record
Slide 7: People and Culture
People and Culture PEOPLE AND The Genesis proposition: Core values CULTURE Alignment with Genesis’ core values For personal use only ► Our Core Values drive our culture and leadership ► Purpose: ► Individual - What I do matters Proven Leadership ► Company - What we do matters Skill set from explorat
Slide 8: Day - Our People
For personal use only Day 1 - Our People 8
Slide 9: Home Ground Advantage
Home Ground Advantage Logical consolidation of the Leonora District: ► Creation of the central player in the Overview For personal use only tier-one Leonora District Key mines / • Gwalia projects • Ulysses ► Home ground advantage - Genesis • Tower Hill management has previously • Admiral / Orient We
Slide 10: Right Ores in the Right Mills
Right Ores in the Right Mills Processing Facility Ore Source Current Size1,2 Resource: 27.4Mt @ 5.5g/t for 4.9Moz ► The addition of Ulysses Underground enables “quality > quantity” mining strategy For personal use only Gwalia Underground Leonora Mill PRODUCING Reserve: 13.0Mt @ 5.0g/t for 2.0Moz ► R
Slide 11: Sustainable growth to +300,000 ounces per annum
Sustainable growth to +300,000 ounces per annum Simple plan with significant new mine optionality: Genesis’ VISION +300kozpa¹ assumes delivery of near-term growth options: “The premium Australian gold producer - Sustainable, high quality, +300kozpa” For personal use only Leonora Mill - 1.4Mtpa ► Gwa
Slide 12: Filling the Leonora mill
Filling the Leonora mill Admiral taking the pressure off Gwalia and filling the Leonora mill: 1.4Mtpa Leonora mill - Ore sources by quarter¹ (t) Add Admiral 350,000 For personal use only 300,000 250,000 Add Ulysses 200,000 150,000 100,000 50,000 0 Sep Q 2013 Dec Q 2013 Mar Q 2014 Jun Q 2014 Sep Q 20
Slide 13: Filling the Leonora mill
Filling the Leonora mill New, shallow, high grade 1.6g/t open pit: ► Admiral open pit is located ~40km trucking For personal use only distance from the 1.4Mtpa Leonora mill ► Maiden assignment for Genesis Mining Services (GMS, Genesis’ in-house open pit mining arm) ► Open pit fast-tracked and right-
Slide 14: Filling the Leonora mill
Filling the Leonora mill Stocking up in the first month: ROM stocks - Day 1 ~5,000t ROM stocks - Day 31 ~35,000t For personal use only 14
Slide 15: Delivering Gwalia's True Potential
Delivering Gwalia’s True Potential Prolific high-grade, long-life asset: ► Life of mine plan underwritten by Gwalia - Long section For personal use only 5,600oz per vertical metre ► Addition of new Admiral to “fill the Past 15 years mill” and transition Gwalia to ~2.8Moz produced “quality > quantity
Slide 16: Delivering Gwalia's True Potential
Delivering Gwalia’s True Potential Ulysses flexibility - Ready for development: ► The ability of Admiral to fill the Leonora mill Two becomes one over the next 2 years… For personal use only Gwalia Ulysses full scale4 Combined ► …affords the flexibility to optimally match Annual mining rate Mtpa 0.7
Slide 17: Introducing Tower Hill
Introducing Tower Hill Forgotten asset in the shadow of Gwalia: Harbour Lights 0.7Moz Resource ► Key value driver: For personal use only ► Mt Morgans milling solution Airport Leonora ► + GMS owner-operator open pit mining model Regional = Significant value unlocked from Tower Hill Hospital Mt Morgan
Slide 18: Introducing Tower Hill
Introducing Tower Hill A pit without peer: ► Bulk, high grade open pit Tower Hill - Long Section opportunity For personal use only ► Planned strike length +1km ► Average drill intercept 35m @ 1.8g/t ► 4,000oz per vertical metre ► Further growth opportunities: ► Open down plunge - Underground mining
Slide 19: Re-building the Foundations
Re-building the Foundations Conservative management committed to “future-proofing” Leonora: GWALIA STRATEGIC REVIEW - December half 2023 …THE LAUNCH - March quarter 2024 For personal use only ► Investment to ensure a new lease of life for ► Five-year outlook including: Gwalia in the long-term: ► Pro
Slide 20: Genesis - Heart of Gold
Genesis - Heart of Gold ► Genesis is on track to create a leading Australian gold house, 100% focused on Leonora For personal use only ► Genesis is targeting sustainable, high-quality earnings with capital-light production growth ► Genesis has the management capability, financial flexibility and inv
Slide 21: Appendix A: Group Ore Reserves
Appendix A: Group Ore Reserves Proved Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit For personal use only (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Genesis Gwalia (1,6) 2,100 5.1 350 11,000 5.0 1,700 13,000 5.0 2,000 Aphrodite (1,
Slide 22: Appendix B: Group Mineral Resources
Appendix B: Group Mineral Resources Measured Indicated Inferred Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Genesis For personal use only Gwalia Deeps
Slide 23: Contact Details
For personal use only Contact Details: Troy Irvin Corporate Development Officer phone: +61 8 6323 9050 email: investorrelations@genesisminerals.com.au www.genesisminerals.com.au