Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RIU Explorers Conference 2018
21 slides from Genesis Minerals's conference presentation, Feb 21, 2018
Slide 1: Ulysses: Genesis of a significant new underground gold mine near Leonora, WA
For personal use only Ulysses: Genesis of a significant new underground gold mine near Leonora, WA Michael Fowler, Managing Director 22 February 2018 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: Fast-Growing WA Gold Company Focused on Tier-1 Districts
Fast-Growing WA Gold Company Focused on Tier-1 Districts • Exciting exploration breakthrough at Ulysses Gold Project near Leonora For personal use only • Drilling over past six months has clearly established the potential for a significant long-term underground mining operation • Mineral Resource1 u
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 Richard Hill Chairman For personal use only Share Price 4.5c • Geologist & Solicitor Shares on Issue 754 million • 25 years experience, involved at all levels including project Options on Issue 18 million acquisition, development and funding
Slide 6: Ulysses – Project Summary
Ulysses – Project Summary • Exceptional location just 30km from Leonora in a world-class mining district For personal use only • Successful open pit/toll-treatment mining campaigns completed in past 12 months • Positive Scoping Study2 demonstrated viability of a long-term underground mine assuming a
Slide 7: Ulysses – Significant Depth Potential Revealed
Ulysses – Significant Depth Potential Revealed • Significant drill intercepts : For personal use only • 4.62m @ 20.36g/t gold from 166.6m • 4.40m @ 15.7g/t gold from 119.0m • 5.23m @ 5.34g/t gold from 141.3m • 5.20m @ 5.06g/t gold from 159.8m • 3m @ 13.86g/t gold from 238m • 14m @ 5.93g/t gold from
Slide 8: Ulysses – A System with Significant Growth Potential
Ulysses – A System with Significant Growth Potential Ulysses is much bigger with significantly Plan View of Mineral Resource For personal use only better grade then previously understood • February 2018 Mineral Resource 3.3Mt @ 3.0 g/t Au for 0.32Moz February 2018 • 55% increase in ounces to 320,000
Slide 9: Ulysses – Depth Potential Wide Open
Ulysses – Depth Potential Wide Open For personal use only www.genesisminerals.com.au 9
Slide 10: Ulysses – Near-Mine Exploration and Growth Potential
Ulysses – Near-Mine Exploration and Growth Potential • Over 3km of strike to systematically For personal use only drill test along Ulysses shear • Only limited deep drilling • New geological understanding highlights significant potential OPEN for high-grade gold Three new high priority, high-grade U
Slide 11: Ulysses – Regional Exploration and Growth Potential
Ulysses – Regional Exploration and Growth Potential • Ulysses exploration potential For personal use only Ulysses NW has been over looked for 15 5m @ 2.0g/t Au Excellent Growth and Discovery Potential years Ulysses North • Wide spaced aircore drilling completed in 2017 5m @ 2.3g/t Au 4m @ 1.6g/t Au
Slide 12: Barimaia Gold Project – Overview
Barimaia Gold Project – Overview • Located in the world-class Murchison Gold District of WA For personal use only • 10km 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 13: 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-Te
Slide 14: Barimaia Gold Project – McNabs Prospects
Barimaia Gold Project – McNabs Prospects For personal use only www.genesisminerals.com.au Refer to the ASX Announcements dated 20 July and 21 August 2017 for further details of the exploration results for Barimaia 14
Slide 15: Viking Gold Project - Overview
Viking Gold Project - Overview • 100%-owned highly prospective gold exploration project (227km2) For personal use only • Located in world-class Albany-Fraser Orogen - significant discovery potential Tropicana gold deposit, Nova-Bollinger nickel deposit • Under-explored area • Focused on Beaker Prosp
Slide 16: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 2 Prospect • Significant wide zone of near-surface oxide mineralisation For personal use only intersected • +100m wide sub-horizontal blanket • +1.5km long aircore defined gold anomaly to be drill tested • Next step – resource delineation drilling in parallel with furthe
Slide 17: Catalysts For Transformational Growth in 2018
Catalysts For Transformational Growth in 2018 For personal use only 2018 Feb Mar Apr May June July Aug Sep Ulysses – Commence Staged Deeper Drilling 200mRL to 100mRL Ulysses – Ongoing FS Ulysses – Drill Out For Standalone Project Ulysses – Expanded FS Barimaia – RC Drilling Barimaia – Assay Results
Slide 18: Summary – A Fast-Growing Australian Gold Company
Summary – A Fast-Growing Australian Gold Company Ulysses Gold Project Major resource upgrade to 321,000oz just completed with further strong growth potential For personal use only Feasibility Study well underway Targeting long-life standalone underground mining and processing operation Drill
Slide 19: 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 20: Appendix - Ulysses Geology
Appendix - Ulysses Geology For personal use only • The Ulysses gold deposit is developed within a WNW-striking, 35° NNE-dipping shear zone (Ulysses Shear) that cuts at low angle through the entirely mafic stratigraphy, which is slightly more NW-striking, and dips 30° to the NE. • The most distinctiv
Slide 21: Appendix - Ulysses Gold Deposit – February 2018 Mineral Resource
Appendix - Ulysses Gold Deposit – February 2018 Mineral Resource For personal use only Measured Indicated Inferred Total Type Tonnes Au Cut Tonnes Au Cut Tonnes Au Cut Tonnes Au Cut Cut t g/t t g/t t g/t t g/t Ounces HG Shoots 21,000 5.1 785,000 5.0 420,000 6.3 1,225,000 5.5 215,000 Shear Zone 11,00