Genesis Minerals Limited · ASX:GMD
Genesis Minerals — December 2018 Investor Luncheon Series
24 slides from Genesis Minerals's conference presentation, Dec 10, 2018
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 December 2018 Investor Luncheon Series Melbourne, Monday 10th | Sydney, Wednesday 12th www.genesisminerals.com.au
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: A Fast-Growing WA Gold Company Focused on Tier-1 Districts
A Fast-Growing WA Gold Company Focused on Tier-1 Districts • Key focus: Ulysses Gold Project near Leonora For personal use only • Objective is to maximise the value of the project for our shareholders • Strategic Asset: high-grade gold – prime location – scale • Scoping Study confirms low cost, fina
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, Barimaia, Viking: Discovery potential www.genesisminerals.com.au 4
Slide 5: Corporate Overview
Corporate Overview Capital Structure Board and Management For personal use only Share Price 3.0c Tommy McKeith Chairman Shares on Issue 1,088.6 million* • Highly experienced Mining Executive involved at all levels from project acquisition and exploration through to funding and development Options on
Slide 6: Project Summary
Ulysses – Project Summary • Exceptional location: just 30km from Leonora – world-class mining district For personal use only • High-grade, high quality JORC 2012 Mineral Resource: • 7.1Mt @ 3.3g/t gold for 760,000oz – open in all directions • High-grade portion of resource estimated to contain: • 4.
Slide 7: Scoping Study
Ulysses – Scoping Study • Highlights financially robust and technically low-risk gold project Includes construction of ~0.8Mtpa processing facility For personal use only • • Mineral Resources in the proposed Life-of-Mine (LOM) schedule: • 3.01Mt @ 4.1g/t gold for 400,000 ounces fully-diluted Genesis
Slide 8: A Rapidly Growing High-Grade Gold System
Ulysses – A Rapidly Growing High-Grade Gold System Significant drill intercepts: • 5m @ 20.9g/t gold from 281m For personal use only • 4.62m @ 20.3g/t gold from 166.6m • 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 @
Slide 9: Long Section
Ulysses – Long Section For personal use only www.genesisminerals.com.au 9
Slide 10: Section 12,250E Ulysses Pit
Ulysses – Section 12,250E For personal use only Ulysses Pit www.genesisminerals.com.au 10
Slide 11: Near-Mine Exploration and Growth Potential
Ulysses – Near-Mine Exploration and Growth Potential View looking east • Over 3km of strike to systematically drill test along Ulysses shear For personal use only Ulysses Pit • Limited drilling away from resource area • Geological understanding highlights significant potential for high-grade gold Ul
Slide 12: Near-Mine Exploration and Growth Potential
Ulysses – Near-Mine Exploration and Growth Potential For personal use only ~ • Over 3km of strike to systematically drill test along Ulysses shear • Drill program planned to test strike and depth extents • Mostly shallow drilling to date • Ulysses is a large gold system with a clear pathway to expan
Slide 13: Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential • Ulysses exploration For personal use only Ulysses NW potential has been overlooked for 15 years Ulysses North • Wide-spaced aircore drilling completed in 2017 Ulysses East • Numerous targets identified • Follow-up programs Orient Well NW Ulysses
Slide 14: Regional Exploration – Orient Well NW
Ulysses – Regional Exploration – Orient Well NW For personal use only • Shallow oxide gold open pit potential • +2km of untested strike – systematic RC drilling required • Significant potential to define Resources outside of the Ulysses Deposit Refer to the ASX Announcement dated 2 August 2018. www.
Slide 15: Barimaia Gold Project – Overview
Barimaia Gold Project – Overview • Located in the world-class 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-hosted
Slide 16: Barimaia Gold Project – Project Summary
Barimaia Gold 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 (including geochemical signature being anomalous in Au-Bi-T
Slide 17: Barimaia Gold Project – McNabs Prospects
Barimaia Gold Project – McNabs Prospects For personal use only OPEN Section 6,891,800N showing Genesis’ RC drill holes 17BARC001 and 002 and 009. Note the change in orientation of the western (left hand side) contact between porphyry and ultramafic units. www.genesisminerals.com.au Refer to the ASX
Slide 18: Barimaia Gold Project – Porphyry Corridor
Barimaia Gold Project – Porphyry Corridor For personal use only • Significant mineralised trend over 2km of strike • Near-surface potential • Targeting porphyry – ultramafic contact zones • Open in all directions www.genesisminerals.com.au 18
Slide 19: Barimaia Gold Project – In the Shadow of the Headframe
Barimaia Gold Project – “In the Shadow of the Headframe” For personal use only Hill 50 Mt Magnet Barimaia Creek www.genesisminerals.com.au 19
Slide 20: Catalysts for Shareholder Growth
Catalysts for Shareholder Growth For personal use only 2018 2019 2020 Dec Q1 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 www.genesisminerals.com.au 20
Slide 21: Summary – A Fast-Growing Australian Gold Company
Summary – A Fast-Growing Australian Gold Company Ulysses Gold Project For personal use only ✓ Objective is to maximise the value of the project for our shareholders ✓ Major resource upgrade completed ✓ Scoping Study completed confirming robust development pathway ✓ Clear opportunity for increases in
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
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 in Decline profile 5.2m (W) x 5.5m (H) a top down sequence for the Ulysses ore body. Stope Strike Length 45m - 85m (HR 6
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