Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RIU Explorers Conference 2020
21 slides from Genesis Minerals's conference presentation, Feb 19, 2020
Slide 1: Ulysses Gold Project, WA
For personal use only Ulysses Gold Project, WA Growing and developing a new high- grade Australian gold project in a Tier-1 location February 2020
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements For personal use only 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 includ
Slide 3: WA Gold Company Focused on Tier-1 Districts
WA Gold Company Focused on Tier-1 Districts ► Key focus: Ulysses Gold Project near Leonora, WA For personal use only ► Strategic Asset: high-grade gold – prime location – scale ► High quality resource 8.5Mt @ 3.2g/t gold for 867,000 oz¹ ► Includes High Grade Resource: ► 4.8Mt @ 4.5g/t gold for 695,0
Slide 4: Key Projects: Focused on WA's Premier Gold Districts
Key Projects: Focused on WA’s Premier Gold Districts Ulysses: Emerging gold For personal use only development project Ulysses and Barimaia: Discovery potential Slide 4
Slide 5: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHAREPRICE – as at 14 February 2020 CAPITAL STRUCTURE For personal use only Share Price A3.4c Shares on Issue 1,329 million Options on Issue 27.6 million Market Capitalisation ~A$45 million (@ A$0.034) Top 100 shareholders ~70% Cash - December 31, 2019 ~A$
Slide 6: Ulysses – Project Summary
Ulysses – Project Summary ► Exceptional location: just 30km from Leonora – world-class mining district For personal use only ► Building a large regional footprint (currently +350km2 and growing) ► High-grade, high quality JORC 2012 Mineral Resource: ► 8.5Mt @ 3.2g/t gold for 867,000oz – open ► High-
Slide 7: Ulysses – Large High-Grade Gold System
Ulysses – Large High-Grade Gold System ► Large gold system – just getting For personal use only started on unlocking its size ► Significant growth potential High-grade Ulysses Ore Slide 7
Slide 8: Ulysses – Long Section
Ulysses – Long Section For personal use only Slide 8
Slide 9: Ulysses – Excellent Location
Ulysses – Excellent Location For personal use only Ulysses Ulysses West Ulysses Looking South Looking Southwest Slide 9
Slide 10: Ulysses – Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential ► Regional structural corridor For personal use only ► Controls gold mineralisation in the district ► Ulysses deposit occurs within a broad zone of deformation ► Multiple sinistral shear strands interpreted and have potential to host significant go
Slide 11: Ulysses – Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential ► Desdemona South JV includes For personal use only over 10km of prospective strike ► Includes the northern extension of the strongly mineralised structural corridor that hosts the Ulysses gold deposit ► Target zones identified to be tested in the
Slide 12: Ulysses – Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential ► Wide-spaced aircore drilling For personal use only completed ► Numerous targets identified ► Orient Well NW has significant gold potential and requires systematic drill testing ULYSSES ► +1.5Moz gold endowment RESOURCE >0.87Moz Refer to the ASX A
Slide 13: Barimaia Gold JV Project – Overview
Barimaia Gold JV Project – Overview ► Strategic location in the Murchison Gold District of WA For personal use only ► Immediately south-east of Ramelius’ Mt Magnet Gold Mine ► Potential for large, low strip ratio, low cost porphyry-hosted orogenic gold deposits ► Low-risk opportunity to assess a hig
Slide 14: Barimaia Gold JV Project – Project Summary
Barimaia Gold JV Project – Project Summary For personal use only ► Located immediately south-east of a suite of porphyry-hosted gold deposits being targeted by Ramelius’ current exploration: ►Geology and mineralisation has strong similarities ► Genesis holds ~75% interest ► Gold processing facilitie
Slide 15: Barimaia – McNabs Prospects
Barimaia – McNabs Prospects ► East-west orientation of For personal use only controlling structures at McNabs confirmed ► Wide spaced aircore drilling highlighted extensive gold system. ► 2m @ 14.2g/t Au located 500m along strike from McNabs East to be followed up ► +2.0km of strike to be drill test
Slide 16: Barimaia – McNabs
Barimaia – McNabs 584,980E ► Significant widths of shallow gold For personal use only mineralisation ► +100m wide mineralised zone associated with porphyry and ultramafic host rocks - orogenic ► Shallow open pit potential Refer to the ASX Announcements dated 20 July and 21 August 2017, March 1 2018
Slide 17: Barimaia – Porphyry Corridor
Barimaia – Porphyry Corridor ► Very large east-west trending For personal use only bedrock gold system ► Near-surface open pit potential ► Targeting porphyry – ultramafic corridor ► +4km of strike to be systematically drill tested ► Systematic RC drilling to allow first resource in 2020 Slide 17
Slide 18: Summary
Summary Ulysses Gold Project For personal use only Strategically located with high-grade gold Large gold system – plenty of opportunity to grow Drilling recommenced in February 2020 Outstanding Resource growth opportunity through: ► Upgrading and expanding the Ulysses resource ► Exploration success
Slide 19: 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 19
Slide 20: Appendix – December 2019 Mineral Resource
Appendix 1 – December 2019 Mineral Resource For personal use only Measured Indicated Inferred Total Domain Tonnes Au Tonnes Au Tonnes Au Tonnes Au Au 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 Ulysse
Slide 21: Appendix – Scoping Study Details
Appendix 2 – Scoping Study Details Mine Design – Stoping at 35 degrees Facing the H/W For personal use only Mining stopes with a 35 degree minimum footwall angle include a range of methods to maximise ore recovery >90% including: 336 Level Designing stopes with “fly” to sweep ore off the footwall