Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (April 2018)
34 slides from Genesis Minerals's investor presentation, Apr 11, 2018
Slide 1: Equity Raising Investor Presentation
Equity Raising Investor Presentation 11 April 2018 Ulysses: Genesis of a significant new underground gold mine near Leonora, WA Not for release to US wire services or distribution in the United States www.genesisminerals.com.au
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 earnings, cash flow, costs and financial performance. Forward looking statements include, but are not limited
Slide 3: Equity Raising Overview
Equity Raising Overview www.genesisminerals.com.au
Slide 4: Equity Raising Overview
Equity Raising Overview ▪ Genesis Minerals Limited (“Genesis” or the “Company”) (ASX: GMD) is pleased to announce an Equity Raising comprising a Single Tranche Placement (“Placement”) to raise up to $4.0 million, with the ability to take Offer oversubscriptions to raise up to an additional $1.0 mill
Slide 5: Equity Raising Timetable
Equity Raising Timetable Key Event Time / Date1 (AWST) Announcement of Equity Raising to ASX Wednesday, 11 April 2018 Bookbuild opens 8:00am, Wednesday, 11 April 2018 Bookbuild closes 4:00pm, Wednesday, 11 April 2018 Announcement of the Results of the Placement & Trading Halt Lifted Pre-Open, Friday
Slide 6: Company Overview
Company Overview www.genesisminerals.com.au
Slide 7: Corporate Overview
Corporate Overview Capital Structure Board and Management Richard Hill Chairman Share Price 3.2c • Geologist & Solicitor Pre-Raising Shares on Issue 754 million • 25 years experience, involved at all levels including project acquisition, development and funding Pro-Forma Shares on Issue1 880 million
Slide 8: Fast-Growing WA Gold Company Focused on Tier-1 Districts
Fast-Growing WA Gold Company Focused on Tier-1 Districts • Exciting exploration breakthrough at Ulysses Gold Project near Leonora • Drilling over past six months has clearly established the potential for a significant long-term underground mining operation • Mineral Resource1 upgraded by 55% to 321,
Slide 9: Key Projects: Focused on WA’s Premier Gold Districts
Key Projects: Focused on WA’s Premier Gold Districts Ulysses: Emerging underground gold project Ulysses, Barimaia, Viking: Discovery potential www.genesisminerals.com.au 9
Slide 10: Ulysses – Project Summary
Ulysses – Project Summary • Exceptional location just 30km from Leonora in a world-class mining district • Successful open pit/toll-treatment mining campaigns completed in past 12 months • Positive Scoping Study2 demonstrated viability of a long-term underground mine assuming a toll-treatment scenar
Slide 11: Ulysses – Significant Depth Potential Revealed
Ulysses – Significant Depth Potential Revealed • Significant drill intercepts : • 5m @ 20.9g/t gold from 281m • 4.62m @ 20.36g/t gold from 166.6m • 4.40m @ 15.7g/t gold from 119.0m • 5.23m @ 5.34g/t gold from 141.3m • 5.20m @ 5.06g/t gold from 159.8m • 3m @ 13.86g/t gold from 238m • 14m @ 5.93g/t go
Slide 12: Ulysses – A System with Significant Growth Potential
Ulysses – A System with Significant Growth Potential Ulysses is much bigger with significantly Plan View of Mineral Resource better grade than previously understood • February 2018 Mineral Resource 3.3Mt @ 3.0 g/t Au for 0.32Moz February 2018 Ulysses West Pit • 55% increase in ounces Mineral Resourc
Slide 13: Ulysses – Depth Potential Wide Open
Ulysses – Depth Potential Wide Open www.genesisminerals.com.au 13
Slide 14: Ulysses – Near-Mine Exploration and Growth Potential
Ulysses – Near-Mine Exploration and Growth Potential • Over 3km of strike to systematically drill test along Ulysses shear • Only limited deep drilling • New geological understanding highlights significant potential OPEN for high-grade gold Three new high priority, high-grade UNTESTED • UNTESTED gol
Slide 15: Ulysses – Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential • Ulysses exploration potential Ulysses NW has been over looked for 15 5m @ 2.0g/t Au Excellent Growth and Discovery Potential years Ulysses North • Wide spaced aircore drilling completed in 2017 5m @ 2.3g/t Au 4m @ 1.6g/t Au 8m @ 2.2g/t Au • Numer
Slide 16: Barimaia Gold Project – Overview
Barimaia Gold Project – Overview • Located in the world-class Murchison Gold District of WA • 10km south-east of Ramelius’ Mt Magnet Gold Mine • Genesis acquired 100% of Metallo Resources Pty Ltd in September 2017 • Potential for large, low strip ratio, low cost porphyry-hosted gold deposits • Low-r
Slide 17: Barimaia Gold Project – Project Summary
Barimaia Gold Project – Project Summary • Located immediately south-east of a suite of porphyry-hosted gold deposits being targeted by Ramelius’ current exploration • Geology and mineralisation has strong similarities (including geochemical signature being anomalous in Au-Bi-Te-Pb- W-Ag) with the ne
Slide 18: Barimaia Gold Project – McNabs Prospects
Barimaia Gold Project – McNabs Prospects A A’ Section 6,891,800N showing Genesis’ RC drill holes 17BARC001 and 002 and 009. Note the change in orientation of the western (left hand side) contact between porphyry and ultramafic units. www.genesisminerals.com.au Refer to the ASX Announcements dated 20
Slide 19: Viking Gold Project - Overview
Viking Gold Project - Overview • 100%-owned highly prospective gold exploration project (227km2) • Located in world-class Albany-Fraser Orogen - significant discovery potential Tropicana gold deposit, Nova-Bollinger nickel deposit • Under-explored area • Focused on Beaker Prospect • Access to proces
Slide 20: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect • Significant wide zone of near-surface oxide mineralisation intersected • +100m wide sub-horizontal blanket • +1.5km long aircore defined gold anomaly to be drill tested • Next step – resource delineation drilling in parallel with further aircore drilling Pot
Slide 21: Catalysts For Transformational Growth in 2018
Catalysts For Transformational Growth in 2018 2018 Mar Apr May June July Aug Sep Oct Ulysses – Commence Staged Deeper Drilling 200mRL to 100mRL Ulysses – Drill Out For Standalone Project Ulysses – Expanded FS Barimaia – RC Drilling Barimaia – Assay Results www.genesisminerals.com.au 21
Slide 22: Summary – A Fast-Growing Australian Gold Company
Summary – A Fast-Growing Australian Gold Company Ulysses Gold Project ✓ Major resource upgrade to 321,000oz just completed with further strong growth potential ✓ Targeting long-life standalone underground mining and processing operation ✓ Drilling underway again targeting further extensions of all t
Slide 23: Appendix
Appendix www.genesisminerals.com.au
Slide 24: Appendix - Ulysses Geology
Appendix - Ulysses Geology • The Ulysses gold deposit is developed within a WNW-striking, 35° NNE-dipping shear zone (Ulysses Shear) that cuts at low angle through the entirely mafic stratigraphy, which is slightly more NW-striking, and dips 30° to the NE. • The most distinctive features of the stra
Slide 25: Appendix - Ulysses Gold Deposit – February 2018 Mineral Resource
Appendix - Ulysses Gold Deposit – February 2018 Mineral Resource Measured Indicated Inferred Total Type Tonnes Au Cut Tonnes Au Cut Tonnes Au Cut Tonnes Au Cut Cut t g/t t g/t t g/t t g/t Ounces HG Shoots 21,000 5.1 785,000 5.0 420,000 6.3 1,225,000 5.5 215,000 Shear Zone 11,000 2.4 1,026,000 1.6 1,
Slide 26: Key Risks & International Offer Restrictions
Key Risks & International Offer Restrictions www.genesisminerals.com.au
Slide 27: Appendix: Key Risks
Appendix: Key Risks 1.1 Introduction There are a number of factors, both specific to the Company and of a general nature, which may, either individually or in combination, affect the future operation, exploration, development and financial performance and/or financial position of the Company, its pr
Slide 28: Appendix: Key Risks
Appendix: Key Risks e) Title to Properties There are no assurances that the property title for the project is free from defects. There is no assurance that such rights and title interests will not be revoked or significantly altered to the detriment of the Company. There can be no assurances that th
Slide 29: Appendix: Key Risks
Appendix: Key Risks l) The Company relies on key personnel The Company is dependent on a number of key management personnel, including the services of certain key employees and consultants. The Company’s ability to manage its development and mining activities will depend in large part on the ability
Slide 30: Appendix: Key Risks
Appendix: Key Risks 1.3 General risk factors The Directors also consider that potential investors should be aware of the following general risk factors. a) Economic conditions Changes in the general economic climate in which the Company operates may adversely affect the financial performance of the
Slide 31: International Offer Restrictions
International Offer Restrictions This document does not constitute an offer of new ordinary shares (New Shares) of Genesis in any jurisdiction in which it would Statutory rights of action for damages and rescission be unlawful. In particular, this document may not be distributed to any person, and t
Slide 32: International Offer Restrictions
International Offer Restrictions European Economic Area - Luxembourg New Zealand This document has been prepared on the basis that all offers of New Shares will be made pursuant to an exemption under the This document has not been registered, filed with or approved by any New Zealand regulatory auth
Slide 33: International Offer Restrictions
International Offer Restrictions Switzerland United States The New Shares may not be publicly offered in Switzerland and will not be listed on the SIX Swiss Exchange ("SIX") or on any This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United S
Slide 34: Contact Details
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
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