Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Resources Rising Stars 2017
22 slides from Genesis Minerals's conference presentation, May 30, 2017
Slide 1: Cash-flow, exploration and growth in WA's premier gold districts
For personal use only Cash-flow, exploration and growth in WA’s premier gold districts Resources Rising Stars, 30-31 May 2017 / Michael Fowler, Managing Director
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: The Genesis Snapshot
The Genesis Snapshot Continued production and cash-flow today… For personal use only • Two successful open pit mining campaigns completed to date at Ulysses Gold Project near Leonora • Further open pit mining currently being evaluated – decision imminent • Feasibility Study underway on underground m
Slide 4: Focused on WA's Premier Gold Districts
Focused on WA’s Premier Gold Districts Continued production and cash-flow today… For personal use only Game-changing discoveries tomorrow… 4
Slide 5: Corporate Overview
Corporate Overview Capital Structure Board and Management For personal use only Share Price 1.9c Richard Hill Chairman Shares on Issue 737 million • Geologist & Solicitor Options on Issue 6 million • 20 years of resource experience, involved at all levels Market Capitalisation (@ $0.019) ~A$14 milli
Slide 6: Ulysses – Project Summary
Ulysses – Project Summary • Located in the heart of WA’s world-renowned Yilgarn Craton (Eastern Goldfields) For personal use only • Two successful mining campaigns at Ulysses West open pit • Strong relationship with Mining Alliance Partner SMS Mining Pty Ltd • Toll Milling Agreement with Paddington
Slide 7: Ulysses West – The Last Months
Ulysses West – The Last 7 Months For personal use only Proven ability to successfully manage small-scale mining operations with ability to generate significant cash proceeds via toll-treatment. 7
Slide 8: Ulysses West – Resource Upgrade and Future Mining
Ulysses West – Resource Upgrade and Future Mining • Updated Mineral Resource (May 2017) For personal use only ü 2.8Mt at 2.3 g/t Au for 206,400oz of gold • 36% increase in contained ounces from February 2016 Resource (151,500oz) • Resource increase cost <$10/res. oz • Evaluating a small-scale underg
Slide 9: Ulysses – Significant Exploration Upside at Depth
Ulysses – Significant Exploration Upside at Depth For personal use only • Drilling testing currently underway targeting down-plunge extensions of recently upgraded 206,400oz Ulysses Resource • Simple geological model – targeting intersection of north-west trending dolerite units (green) and west to
Slide 10: Ulysses – Regional Exploration Potential
Ulysses – Regional Exploration Potential For personal use only • RC program commenced testing: ü Down-plunge extents of mineralisation below the recently upgraded Ulysses Mineral Resource ü Ulysses East prospect • 90 hole/6,000m aircore program commenced last week testing: ü Exciting results reporte
Slide 11: Ulysses – Regional Exploration Potential
Ulysses – Regional Exploration Potential For personal use only Ulysses Mineral Resource 206,000Oz Au 11
Slide 12: Focused on WA's Premier Gold Districts
Focused on WA’s Premier Gold Districts Continued production and cash-flow today… For personal use only Game-changing discoveries tomorrow… 12
Slide 13: Viking Gold Project - Location
Viking Gold Project - Location For personal use only Viking Gold Project • Second highly prospective gold exploration project (227km2) held by the Company • Located in world-class Albany-Fraser Orogen (Tropicana gold deposit, Nova-Bollinger nickel deposit) • Under-explored area with significant disc
Slide 14: Viking Gold Project - Overview
Viking Gold Project - Overview For personal use only Norseman Gold Deposits +6 Moz mined Beaker 4 Westgold Resources Mt Henry Project +0.26 Moz Reserve Beaker 2 14
Slide 15: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect • Excellent results from two phases of aircore drilling For personal use only • Most recent drilling returned outstanding hits including 5m at 19.8g/t from 40m • Re-sampling of previous hole returned 6m at 64.0g/t including 1m at 213g/t and 1m at 105g/t Au • S
Slide 16: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect For personal use only Potential primary bedrock mineralised source of high-grade supergene mineralisation represents an outstanding exploration target, to be drill tested later this quarter…. 16
Slide 17: Focused on WA's Premier Gold Districts
Focused on WA’s Premier Gold Districts Continued production and cash-flow today… For personal use only Game-changing discoveries tomorrow… 17
Slide 18: Barimaia Gold Project – Summary
Barimaia Gold Project – Summary • Option Agreement with Metallo Pty Ltd For personal use only • Located in the Murchison district in WA • 10km south-east of Ramelius’ Mt Magnet Gold Mine • Under explored area with significant discovery potential • Potential for large, low strip ratio porphyry-hosted
Slide 19: Barimaia Gold Project – Project Summary
Barimaia Gold Project – Project Summary • Immediately SE of a suite of For personal use only porphyry hosted gold deposits • Minimum expenditure of $140,000 to complete a “proof of concept drilling programme” • Genesis may elect to acquire 100% of Metallo – payment of $250,000 in cash or shares • Me
Slide 20: Barimaia Gold Project – McNabs Prospects
Barimaia Gold Project – McNabs Prospects For personal use only 20
Slide 21: Summary – A Growing Australian Gold Company
Summary – A Growing Australian Gold Company Ulysses Gold Project For personal use only ü Two successful mining campaigns completed at Ulysses West ü Proven ability to rapidly and efficiently develop shallow oxide resources under Mining Alliance Agreement with SMS Innovative Mining Pty Ltd ü Cash ava
Slide 22: 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