Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (August 2010)
14 slides from Genesis Minerals's investor presentation, Aug 30, 2010
Slide 1: Company Update August 2010
For personal use only August 2010 ASX Release Company Update
Slide 2: Corporate Overview
Corporate Overview For personal use only ASX Listed (Code: GMD) • High calibre Board – Michael Haynes Chairman – Michael Fowler Managing Director – Graeme Smith Non Executive Director Capital Structure – Issued Capital 34.9 million ordinary shares 14.4 million options – Top 40 Shareholders 62% – Mar
Slide 3: Placement and Entitlement Issue
Placement and Entitlement Issue For personal use only • Placement of 4.94 million fully paid ordinary shares to institutional and sophisticated investors at $0.05 per share together with an underwritten two (2) for three (3) non‐renounceable pro‐rata entitlements issue of approximately 23.28 million
Slide 4: Dinamarquesa Project
Dinamarquesa Au‐Cu Project For personal use only • Located at in the readily accessible Atacama Desert in northern Chile • Considerable potential to discover high grade gold – copper mineralisation • Limited previous widely spaced, shallow drilling has intersected a number of strongly mineralised st
Slide 5: Dinamarquesa regional geology and mineralisation
Dinamarquesa Au‐Cu Project For personal use only • Project located within the highly mineralised Inca de Oro metallogenic belt • Estimated that over 500,000 ounces of gold have been mined from numerous high grade veins (10 to 100g/t Au) • Inca de Oro Project – (Codelco) 259 million tonnes grading 0.
Slide 6: Veins largely untested along strike, up dip and at depth
Dinamarquesa Au‐Cu Project For personal use only Veins remain largely untested and are open along strike, up dip and at depth 300m 6
Slide 7: Exploration Potential
Dinamarquesa Au‐Cu Project For personal use only Exploration Potential • Very good potential to locate and define numerous high grade gold and copper rich structures • Proximity to existing processing facilities presents potential for near term cash flow with low capital start up costs • Potential a
Slide 8: Work Program and Acquisition Terms
Dinamarquesa Au‐Cu Project For personal use only Work Program • During the next two months a work program comprising detailed geological mapping, geophysical surveying, historical data compilation and 3D modelling will be undertaken, prior to commencing a drilling program in November 2010 • Explorat
Slide 9: Cerro Verde Project
Cerro Verde Au‐Cu‐Ag Project For personal use only The name of the Cerro Blanco Project has been changed to Cerro Verde Project to avoid confusion with other similarly named projects in Chile. The Cerro Blanco name was originally used in the first ASX release. 9
Slide 10: Cerro Verde location and history
Cerro Verde Au‐Cu‐Ag Project For personal use only • The Project is located in the Atacama Desert in an area with very good infrastructure • The Project is easily accessed by a sealed road and well formed gravel roads from Copiapó • Altitude ranges from 1,800 to 2,200m, with low to moderate relief •
Slide 11: Cerro Verde geology
Cerro Verde Au‐Cu‐Ag Project For personal use only • Project located within the highly mineralised Palaeocene metallogenic belt of northern Chile • The Project hosts a sub‐parallel swarm of precious and base metal‐bearing quartz specularite veins exposed along the western flank of a caldera system t
Slide 12: Cerro Verde exploration history
Cerro Verde Au‐Cu‐Ag Project For personal use only • Minor surface exploration was completed by Homestake between 1998 and 1999 • Between 2004 and 2005, Hochschilds explored the area by surface mapping, sampling (334 surface samples) and limited diamond drilling • The surface rock chip sampling by H
Slide 13: Exploration Potential, Work Program and Acquisition Terms
Cerro Verde Au‐Cu‐Ag Project For personal use only Exploration Potential • Considerable potential to discover high grade gold‐copper‐silver mineralisation • Both known and new structures are considered high priority targets • If exploration is successful the proximity to existing processing faciliti
Slide 14: Going Forward
Going Forward For personal use only • Exploration at both Dinamarquesa and Cerro Verde will target both high grade vein/stockwork mineralisation and porphyry hosted gold copper mineralisation • Excellent locations within easy road access of Copiapó • Dinamarquesa ready for drilling November 2010 • C
Genesis Minerals — Investor Presentation (August 2010) on 6ix