Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (April 2023)
20 slides from Genesis Minerals's investor presentation, Apr 4, 2023
Slide 1: Heart of gold
For personal use only Heart of gold Introducing Ulysses, Admiral and GMS ASX GOLD 4th April 2023
Slide 2: Important information
Important information IMPORTANT: YOU MUST READ THE FOLLOWING BEFORE CONTINUING The following notices and disclaimers apply to this presentation (Presentation) and you are therefore advised to read this carefully before reading or making any other use of this Presentation or any information contained
Slide 3: Important information - JORC Code
Important information JORC Code It is a requirement of the ASX Listing Rules that the reporting of (amongst other things) exploration results and mineral resources in Australia comply with the 2012 edition of the Joint Ore Reservices Committee's Australasian Code for Reporting of Exploration Results
Slide 4: Important information - No liability
Important information No liability The information contained in this Presentation has been prepared in good faith by Genesis. However, no guarantee, representation or warranty expressed or implied is or will be made by any person (including Genesis, and its affiliates, directors, officers, employees
Slide 5: Corporate overview
Corporate overview Key metrics (ASX: GMD) - At 4th April unless otherwise stated Board Sub header example Shares on issue1 415m Non-Executive Chairman Tony Kiernan For personal use only Share price A$1.11 Managing Director Raleigh Finlayson Market cap A$461m Non-Executive Director Michael Bowen Cash
Slide 6: Home game - Focused exclusively on Leonora gold
Home game - Focused exclusively on Leonora gold Genesis today: Hoover House tomorrow: For personal use only • Long life, unhedged ~150kozpa base case plan 1 • Proposed merger with St Barbara (SBM) to form Hoover House; SBM to demerge Atlantic, Simberi and other; GMD • Underpinned by two new “capital
Slide 7: Business development - month scorecard
Business development - 12 month scorecard1 Hoover House transaction gets the green light: For personal use only PROJECT MINING AND GEOLOGY AND COSTS / VISION M&A COMMODITY JURISDICTION SCALE STAGE METALLURGY MINE LIFE FINANCIAL Gold Prioritise Advanced >100koz pa Open pit Eastern Target “first “The
Slide 8: Central player in +65Moz Leonora District
Home game - Focused exclusively on Leonora gold Central player in +65Moz For personal use only Leonora District1 Genesis + Dacian + St Barbara 1. Leonora District is defined as the 150km radius surrounding the Leonora town. Total endowment is mined ounces plus un-mined Mineral Resources 8
Slide 9: Right ores in the right mills
Right ores in the right mills Processing facility Ore source Current size1 Benefits to Hoover House shareholders For personal use only Gwalia Underground Resource: 27.6Mt @ 5.5g/t for 4.9Moz The addition of Ulysses Underground enables “quality > quantity” mining strategy (SBM) Leonora Mill PRODUCING
Slide 10: Delivering Gwalia's true potential
Delivering Gwalia’s true potential Ulysses offers a unique opportunity to restore Leonora up to 200kozpa1,5 with lower costs and lower risk: For personal use only • Gwalia / Ulysses operated as one mine - Two becomes one: Neighbouring deposits just 35km apart Gwalia Ulysses full scale4 Combined • Co
Slide 11: Delivering Gwalia's true potential
Delivering Gwalia’s true potential Prolific high-grade, long-life asset: For personal use only • Life of mine plan underwritten by 5,600oz Gwalia - Long section per vertical metre • All drill intercepts on image currently unmined • Addition of new Ulysses to “fill the mill” and transition Gwalia to
Slide 12: Introducing Ulysses
Introducing Ulysses Western Australia’s newest gold mine: Action at the high-grade Ulysses West mine For personal use only • Development underway 35km south of Leonora • Capital-light / fully funded development • Unhedged future gold production • Initial open pit mining (contractor Big Yellow)… • …t
Slide 13: Introducing Ulysses
Introducing Ulysses A strategic asset in Leonora: For personal use only • The prize: Ulysses West first 4 years of production - Long section ▪ New shallow mine (ore from ~50m below surface) ▪ 2,400oz per vertical metre ▪ Free milling ▪ Low bond work index ▪ Excellent geotechnical conditions ▪ Open a
Slide 14: Introducing Genesis Mining Services (GMS)
Introducing Genesis Mining Services (GMS) Genesis in-house open pit mining contractor: GMS management in place, building the team For personal use only • Application of unique ex-Saracen open pit mining business model Lee Stephens Ex-KCGM, Thunderbox and General Manager - Projects Carosue Dam and Op
Slide 15: Introducing Admiral
Introducing Admiral Preparing to attack: For personal use only • Multiple high-grade results from recent Admiral - Long section drilling below 100m • GMS internal mining opportunity #1: ▪ June quarter 2023 maiden Reserves ▪ Capital light accelerated development ▪ Mining from September quarter 2023 •
Slide 16: Introducing Tower Hill
Introducing Tower Hill Forgotten asset in the shadow of Gwalia: Harbour Lights For personal use only • Infrastructure-rich location just 2km north of Gwalia 0.7Moz Resource • Shallow single open pit: Airport Leonora ▪ 1.2Moz Resource Regional ▪ 560koz Reserve Hospital • Thick and wide ore body: Towe
Slide 17: Introducing Tower Hill
Introducing Tower Hill A pit without peer: For personal use only Tower Hill - Long Section • Bulk, high grade open pit opportunity; planned strike length +1km • 4,000oz per vertical metre • Further growth opportunities: ▪ Open down plunge (“Karari- style” underground mining below pit shell) ▪ Ongoin
Slide 18: Hoover House
Hoover House • Compelling opportunity to create a leading ASX gold house For personal use only • Dominant position in the prolific Leonora District • Targets sustainable, high-quality earnings with “capital-light” production growth • Long life “quality > quantity” business plan • Resonates with high
Slide 19: Appendix A - Combined Mineral Resources and Ore Reserves
APPENDIX A - COMBINED MINERAL RESOURCES AND ORE RESERVES Leonora District - Summary: For personal use only Mineral Resources: Genesis and Dacian combined Mineral Resource growth: 5.0 Moz Genesis1 2.0 4.0 Dacian2 2.7 Resources (Moz) St Barbara3 10.4 3.0 TOTAL 15.1 2.0 Ore Reserves: 1.0 Moz Dacian4 0.
Slide 20: Contact Details
For personal use only Contact Details: Troy Irvin Corporate Development Officer phone: +61 8 9322 6178 email: investorrelations@genesisminerals.com.au www.genesisminerals.com.au
Genesis Minerals — Investor Presentation (April 2023) on 6ix