Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Resources Rising Stars 2020
21 slides from Genesis Minerals's conference presentation, Nov 10, 2020
Slide 1: An outstanding growth opportunity in WA gold
For personal use only An outstanding growth opportunity in WA gold • 1.28Moz Resource in a Tier-1 location • 35,000m drill program underway • Resource upgrade and Feasibility Study, Q1 2021 Resources Rising Stars, 10th November 2020
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 ► Project recently expanded via strategic $13.5m acquisition of adjoining Kookyn
Slide 4: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHARE PRICE 07 November 2020 CAPITAL STRUCTURE For personal use only Share Price A8.4c Shares on Issue 1,937 million Options and PRs on Issue 28.5 million Market Capitalisation ~A$162 million (@ A$0.084) Top 100 shareholders ~77% Cash ~A$23 million BOARD a
Slide 5: Kookynie Tenement Acquisition: A transformational opportunity
Kookynie Tenement Acquisition: A transformational opportunity ► Consolidates Genesis’ ownership of a key segment of a highly prospective gold corridor along strike from the Ulysses deposit For personal use only ► Provides an opportunity for strong near-term Resource growth ► Feasibility Study on a s
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: Kookynie Tenement Acquisition: A transformational opportunity
Kookynie Tenement Acquisition: A transformational opportunity ► Genesis control an area of +650km2 For personal use only ► Acquisition includes: ► 20-person exploration camp ► Bore field (DWER approved 1.2M kL Annual Water Entitlement) ► Haul roads and access roads ► Drilling activities focused on:
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 Butterfly deposits For personal use only estimated to contain 4.6Mt @ 1.7g/t gold for 246,000oz ► Initial program completed ► Significant shallow gold mineralisation confirmed1 ► Validated historical drilling ► Similar host rocks to Ulysses D
Slide 10: Admiral
Ulysses: Admiral For personal use only Slide 10
Slide 11: Clark
Ulysses: Clark For personal use only 1 Refer to the ASX GMD announcements dated 24 June, 15 and 29 September 2020 for full details of the results. Slide 11
Slide 12: Admiral – Clark – Butterfly – Geology Overview
Ulysses: Admiral – Clark – Butterfly – Geology Overview ► Internally differentiated sills show clearly granophyric/qtz-rich For personal use only portions in their upper central parts and pyroxene enrichment towards their respective southern margins. ► Drilling targeting moderate to shallow, NE dipp
Slide 13: Orient Well
Ulysses: Orient Well ► Current Resource – northern end of pit For personal use only ► 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 14: 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 15: 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 16: 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 both Ulysses and Kookynie tenements, with a focus on the Admiral-Clark-Butterfly area and Orient Well for init
Slide 17: Path Forward: Next Months
Path Forward: Next 5 Months For personal use only STATUS Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Option Period In Progress Resource Confirmation In Progress Ulysses OP/Puzzle Extensional Drilling In Progress Admiral-Clark-Butterfly-OW-Puzzle Exploration Drilling In Progress Orient Well to Butterfly Orien
Slide 18: Summary: Key Takeaways
Summary: Key Takeaways Expanding the Ulysses Gold Project as the foundation for a mid-tier gold company… For personal use only Kookynie acquisition is very positive from a strategic, corporate, geological and tactical perspective Puts Genesis on a firm growth trajectory towards the establishment of
Slide 19: 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 20: 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 21: 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 21