Genmin Ltd. · ASX:GEN
Genmin — Investor Presentation (June 2021)
22 slides from Genmin's investor presentation, Jun 11, 2021
Slide 1: Corporate Presentation announcement
Genmin Limited ACN 141 425 292 Suite 7, 1297 Hay Street WEST PERTH WA 6005 www.genmingroup.com ASX Code: GEN For personal use only 11 June 2021 Corporate Presentation African iron ore explorer and developer, Genmin Limited (Genmin or the Company) (ASX: GEN), advises Mr Joe Ariti, the Company’s Chief
Slide 2: High grade African iron ore
For personal use only High grade African iron ore June 2021 | Corporate Presentation ASX: GEN www.genmingroup.com
Slide 3: Important Notice
Important Notice This presentation is provided by Genmin Limited ACN 141 425 292 (Genmin or the Company). Statements in this presentation are made only as at the date of this presentation and the information in this presentation remains For personal use only subject to change without notice. The inf
Slide 4: Value proposition
Value proposition For personal use only Board and management team with proven iron ore and African experience Large footprint, 100% owned potential iron ore province in SE Gabon covering ~2,500km2 Stable central West African country, investment friendly; mining & oil production since 1960s >8 years
Slide 5: Corporate summary
Corporate summary For personal use only Domiciled in ASX listed, Iron ore assets in Major shareholder Australia ASX: GEN Gabon, central West Tembo Capital Africa holds 62% Capital Structure & Financial Metrics Shareholders (June 2021) Item Unit No. Share price1 AUD 0.21 Shares on issue M 400.5 35% T
Slide 6: Board of Directors & Executive Management
Board of Directors & Executive Management Extensive iron ore & African experience For personal use only Michael John Giuseppe Salvatore Brian van Arnett Hodder (Joe) Ariti (Pietro) Amico Rooyen Independent Non-Executive Managing Director Non-Executive Independent Non-Executive Director & CEO Directo
Slide 7: China to control its iron ore supply
China to control its iron ore supply Self sufficiency plan For personal use only ➢ Currently, ≈70% of Chinese iron ore imports are from Australia & Brazil ➢ Self sufficiency target detailed by China’s Ministry of Industry & Information Technology ➢ Target of 45% of iron inputs to be controlled by Ch
Slide 8: Location and project pipeline in Gabon
Location and project pipeline in Gabon 100% owned projects; historical investment USD35 million For personal use only Baniaka | Feasibility ✓ Initial ~152Mt of DID and Oxide mineral resources defined ✓ Scalable – only 17% of 85km strike covered by diamond drilling ✓ Operating and accessible infrastr
Slide 9: Gabon: investment friendly jurisdiction
Gabon: investment friendly jurisdiction Politically, economically stable; one of Africa’s wealthier countries For personal use only ▪ Central West Africa, pop. ~2.1m people ▪ Long-term President; first female Prime Minister appointed in 2020 ▪ GDP ~USD15 billion; goal of emerging country status by 2
Slide 10: Well established operation with 8+ years in Gabon
For personal use only Well established operation with 8+ years in Gabon ✓ 200 SQM country office in Libreville ✓ 135 person camp at Baniaka Project 9
Slide 11: Footprint and control
Footprint and control Unlocking potential iron ore hub in West Africa For personal use only 100% control of all acreage prospective for iron ore in south-east Gabon ▪ ~2,500km2 of landholding over 4 exploration licences ▪ 100% ownership of all licences ▪ Total mineralised strike of ~121km (Baniaka &
Slide 12: Baniaka Project: Ticks all the boxes
Baniaka Project Ticks all the boxes For personal use only High-grade Infrastructure Scalability Substantially de-risked ▪ 60-64% Fe ▪ Rail and port in ▪ Large geological products in place, operating endowment ▪ 13,800m of metallurgical test and with capacity shallow Auger work ▪ Hydro electricity to
Slide 13: Initial focus on hematite rich DID & oxide iron ore
Initial focus on hematite rich DID & oxide iron ore For personal use only Detrital iron ore deposits (DID) ▪ Unconsolidated gravels comprised of hematite clasts in a sand and clay matrix; ▪ Shallow, from surface with up to 5 metres of cover; ▪ From 1 to16 metres thick; and ▪ Readily washed, screened
Slide 14: Potential iron ore products
Potential iron ore products Hematite rich DID & oxide material For personal use only DID Oxide - Soft Material Types Product Mass Mineralisation Products Grade (% Flowsheet Yields Fe) Washing, Lump & DID 51-67% 60-64% screening & fines HLS/DMS Washing, Oxide Lump, fines 50-60% 63-65% screening – Sof
Slide 15: Renewable hydroelectric power
Renewable hydroelectric power For personal use only ✓ Grand Poubara Hydro Electric Scheme, Ogooué River ✓ 200MW installed capacity; approximately 60- 70MW available ✓ Baniaka located ~ 30km south-west of Grand Poubara ✓ Planning for all project power to be sourced from hydro scheme ✓ Capital and ope
Slide 16: Trans-Gabon Railway
Trans-Gabon Railway Operating and ongoing investment For personal use only ✓ Connects Port Owendo to Franceville (approx. 648km) ✓ Approximate 60km rail spur required to connect Trans-Gabon Railway to Baniaka ✓ Standard gauge, 25 tonne axle load with single track configuration ✓ Operated and maintai
Slide 17: GSEZ Mineral Port: mine to ship solution
GSEZ Mineral Port: mine to ship solution Reduces initial investment For personal use only Non-binding MoU in place; working group established to negotiate rail & port services agreement ✓ Owned directly or indirectly by major investors including AP Moller, Meridiam and Africa Finance Corporation ✓ C
Slide 18: Milestones: first months post listing on ASX
Milestones: first 12 months post listing on ASX Completion of a Pre-Feasibility Study & commencement of For personal use only social and environmental baseline studies Q2–21 H2–21 H2–21 FY–21 Q1–22 Pilot plant Drilling & resource Mining and Baseline social and Definition of capital metallurgical tes
Slide 19: Preliminary Feasibility Study
Preliminary Feasibility Study PFS workstreams commenced For personal use only ▪ DID Mineral Resource update to include infill Auger drilling (118 holes for 1,464m) at Tsengue and Bandjougoy prospects – Golder Associates ▪ Pilot Scale Metallurgical Test Work, 13 samples representing 21 t of Oxide (DI
Slide 20: Existing bulk mining operations in Gabon
Existing bulk mining operations in Gabon For personal use only Moanda Manganese mine & associated operations ▪ Owned by Eramet’s local subsidiary, COMILOG ▪ Resources: 392Mt @ 44.3% manganese (Mn), includes Reserves of 210Mt @ 45.3% Mn ▪ 2nd largest global producer of high-grade Mn ore ▪ Operating s
Slide 21: Baniaka Mineral Resources & Exploration Targets
Baniaka Mineral Resources & Exploration Targets Initial DID, Oxide and Primary Mineral Resources1 For personal use only Material Class Mt Fe (%)2 SiO2 (%) Al2O3 (%) P (%) S (%) LOI (%) Indicated 11.6 48.3 15.4 7.5 0.07 0.07 6.7 DID3 Inferred 48.9 46.9 16.6 8.2 0.07 0.07 7.3 Sub-total Indicated 60.5
Slide 22: Contacts
For personal use only CONTACTS Michael Arnett | Chairman T: +61 8 6200 5812 Joe Ariti | Managing Director & CEO T: +61 8 6323 0851 E: admin@genmingroup.com Simon Hinsley | Investor Relations & Media T: +61 401 809 653 E: simon@nwrcommunications.com.au www.genmingroup.com | ASX: GEN 21