Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RIU Sydney Resources Round Up 2019
24 slides from Genesis Minerals's conference presentation, May 7, 2019
Slide 1: Ulysses Gold Project, WA
For personal use only Ulysses Gold Project, WA May 7 to 9, 2019 Growing and developing a new high-grade Australian gold project in a Tier-1 location 1
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 For personal use only ► Key focus: Ulysses Gold Project near Leonora, WA ► Strategic Asset: high-grade gold – prime location – scale ► Scoping Study confirmed low cost, financially robust gold project ► Resource 7.1Mt @ 3.3g/t gold for 760,000oz¹ ► Include
Slide 4: Key Projects: Focused on WA's Premier Gold Districts
Key Projects: Focused on WA’s Premier Gold Districts Ulysses: Emerging underground gold project For personal use only Ulysses and Barimaia: Discovery potential 4
Slide 5: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHAREPRICE – as of 06 May 2019 CAPITAL STRUCTURE For personal use only Share Price 2.1c Shares on Issue 1,089.4 million Options on Issue 33 million Market Capitalisation ~A$23 million (@ $0.021) Top 50 shareholders ~55% Cash @ March 31, 2019 ~$4.4 million
Slide 6: Project Summary
Ulysses – Project Summary ► Exceptional location: just 30km from Leonora – world-class mining For personal use only district ► Large gold system – just getting started on unlocking its size ► High-grade, high quality JORC 2012 Mineral Resource: ► 7.1Mt @ 3.3g/t gold for 760,000oz – open in all direc
Slide 7: Large High-Grade Gold System
Ulysses – Large High-Grade Gold System ► 5m @ 20.9g/t gold from 281m 4.62m @ 20.3g/t gold from 166.6m For personal use only ► ► 3m @ 26.9g/t gold from 182m ► 2m @ 40.3g/t gold from 192m ► 4.40m @ 15.7g/t gold from 119.0m ► 6.3m @ 7.8g/t gold from 170m ► 7m @ 7.2g/t gold from 131m ► 14m @ 5.9g/t gold
Slide 8: Long Section
Ulysses – Long Section For personal use only 8
Slide 9: Scoping Study
Ulysses – Scoping Study ► Financially robust and technically low-risk gold project Genesis’ strategy remains in place to For personal use only ► Construction of ~0.8Mtpa processing facility ► Mineral Resources in the proposed Life-of-Mine (LOM) schedule: significantly grow the Mineral Resource ► 3.0
Slide 10: Ulysses East
Ulysses – Ulysses East For personal use only Target Zone Target Target Zone Zone Target Zone Target Zone Ulysses East ► Over 2.5km of strike to systematically drill test along Ulysses shear Ulysses is a large gold system and we have a clear pathway to expand the Resource well beyond its current defi
Slide 11: For personal use only
Ulysses – Ulysses East For personal use only Refer to GMD ASX Release dated 14 January 2019 11
Slide 12: 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 ► The corridor is some +5km wide ► Multiple sinistral shear strands interpreted and have
Slide 13: Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential For personal use only ► Wide-spaced aircore drilling completed in 2016 and 2017 ► Numerous targets identified ► Orient Well NW +4km gold anomaly requiring systematic drill testing Refer to the ASX Announcements dated 12 April 2017 and 6 September 2
Slide 14: Orient Well NW
Ulysses – Orient Well NW For personal use only 347,080E Refer to the ASX Announcement dated 2 August 2018. 14
Slide 15: Barimaia Gold JV Project – Overview
Barimaia Gold JV Project – Overview Strategic location in the Murchison Gold District of WA For personal use only ► ► 5km 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-hoste
Slide 16: Barimaia Gold JV Project – Project Summary
Barimaia Gold JV Project – Project Summary ► Located immediately south-east of a For personal use only suite of porphyry-hosted gold deposits being targeted by Ramelius’ current exploration: ►Geology and mineralisation has strong similarities Eridanus ► Genesis holds a 65% interest ► Gold processing
Slide 17: Barimaia – McNabs Prospects
Barimaia – McNabs Prospects ► Geological interpretation For personal use only based on east-west orientation of controlling structures ► Wide spaced drilling 584,980E highlighted extensive gold system ► +1.5km of strike to be drill tested ► Open pit potential Refer to the ASX Announcements dated 20
Slide 18: Barimaia – McNabs
Barimaia – McNabs 584,980E For personal use only ► Significant widths of shallow gold mineralisation ► +100m wide mineralised zone associated with porphyry host rock ► Shallow open pit potential Refer to the ASX Announcements dated 20 July and 21 August 2017, March 1 2018 and February 6, 2019 for fu
Slide 19: 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 ► Open in all directions ► +4km of strike to be systematically drill tested 19
Slide 20: Catalysts for Shareholder Growth
Catalysts for Shareholder Growth For personal use only 2019 2020 Q2 Q3 Q4 H1 H2 Ulysses Ongoing Extensional, Exploration and Infill Drilling Resource Growth Mineral Resource Update Feasibility Work Ongoing Barimaia Exploration Drilling Resource Estimate 20
Slide 21: Summary
Summary Ulysses Gold Project For personal use only Strategically located Resource update Q3 2019 Scoping Study confirmed robust development pathway with feasibility work ongoing Outstanding Resource growth opportunity Large gold system – just getting started on unlocking size Barimaia Gold Project D
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 22
Slide 23: Appendix – October 2018 Mineral Resource
Appendix 1 – October 2018 Mineral Resource October 2018 Mineral Resource Estimate 0.75g/t Cut-off above 200mRL, 2.0g/t Below 200mRL For personal use only Measured Indicated Inferred Total Type Tonnes Au Tonnes Au Tonnes Au Tonnes Au Au t g/t t g/t t g/t t g/t Ounces Oxide 6,000 2.1 143,000 1.6 146,0
Slide 24: Appendix – Scoping Study Details
Appendix 2 – Scoping Study Details Mine Design Parameters Decline gradient 1 in 7 For personal use only • The mine has been designed using a typical long hole open stope technique Decline profile 5.2m (W) x 5.5m (H) in a top down sequence for the Ulysses ore body. Stope Strike Length 45m - 85m (HR 6
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