Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Diggers and Dealers 2021
28 slides from Genesis Minerals's conference presentation, Aug 2, 2021
Slide 1: Moving from strength to strength at Ulysses
For personal use only Moving from strength to strength at Ulysses • 1.6Moz Resource at 1.8g/t and growing • Feasibility Study on new gold operation • Drilling delivering new discoveries and growth August 2021 – Diggers and Dealers Growing and Developing a new high–grade Australian gold project in a
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Some statements in this report regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future matters. Forward looking statements include, but are not limited to, statements preceded by words such as “pl
Slide 3: Investment Overview: Targeting Mid-Tier Gold Status
Investment Overview: Targeting Mid-Tier Gold Status ► 100%-owned Ulysses Gold Project in the Tier-1 Leonora-Laverton gold district For personal use only ► Mineral Resource: 27Mt at 1.8g/t Au for 1.6Moz1 ► Feasibility Study well advanced on standalone underground-open pit gold development ► Significa
Slide 4: Corporate Overview
Corporate Overview GENESIS MINERALS LIMITED SHARE PRICE CAPITAL STRUCTURE For personal use only Share Price A7.0c Shares on Issue 2,126 million Options and PRs on Issue 29.7 million Market Capitalisation ~A$150 million (@ A$0.070) Top 100 shareholders ~77% Cash (30 June 2021) ~A$11 million BOARD and
Slide 5: A Transformational Opportunity
Ulysses: A Transformational Opportunity ► Project expanded via strategic acquisition (June 2020) of the For personal use only adjoining Kookynie tenements ► March 2021 Mineral Resource incorporated the results of the highly successful drilling programs completed (July 20 to March 21) at the Ulysses
Slide 6: Global Resource Growth
Ulysses: Global Resource Growth ► +900% increase in contained ounces over 5- For personal use only year period UGP Resource Growth ► Total resource now 1.6Moz (Acquisition and Discovery Cost ~A$26/oz) ► 61% of the total contained ounces for the Kookynie Ulysses Project are in the Measured and Acquis
Slide 7: Ulysses-Orient Well Shear Corridor: An Exceptional Target
Ulysses-Orient Well Shear Corridor: An Exceptional Target ► Ulysses-Orient Well shear corridor has a significant gold endowment based on past production and current Resources For personal use only ► 15km E-W oriented segment with widespread gold anomalism near-surface and limited deeper exploration
Slide 8: A Transformational Opportunity
Ulysses: A Transformational Opportunity ► Genesis controls an area of +650km2 For personal use only ► Assets include: ► 20-person exploration camp ► Bore field (DWER approved 1.2M kL Annual Water Entitlement) ► Haul and access roads ► 2021 drilling activities focusing on resource growth through: ► E
Slide 9: Ulysses – Large High-Grade Gold System
Ulysses – Large High-Grade Gold System For personal use only Resource 838,000oz ► High-grade, high quality JORC 2012 Mineral Resource: ► 7.74Mt @ 3.4g/t gold for 838,000 oz – open ► High-grade portion of resource estimated to contain: ► 4.84Mt @ 4.5g/t gold for 705,400oz ► Includes high-grade shoots
Slide 10: Admiral – Clark – Butterfly
Ulysses: Admiral – Clark – Butterfly ► Significant shallow gold mineralisation For personal use only confirmed1 ► Combined shallow Resources estimated to contain: 10.3Mt @ 1.4g/t Au for 0.46Moz ► Indicated – 4.7Mt @ 1.7g/t Au for 0.24Moz ► Validated historical drilling ► Similar host rocks to Ulysse
Slide 11: Admiral – Clark – Butterfly – Geology Overview
Ulysses: Admiral – Clark – Butterfly – Geology Overview ► Three differentiated dolerite sills Key mineralisation controls identified For personal use only ► include: Target Zone Admiral Deeps Butterfly North Dolerite ► Intersection of coarse magnetic quartz dolerite with the low-angle NE dipping she
Slide 12: Admiral – Clark – Butterfly – Resource Growth
Ulysses: Admiral – Clark – Butterfly – Resource Growth For personal use only Target Zone Admiral Deeps Refer to the ASX announcements dated 15 & 29 September and 9 December 2020 and 13 January, 15 February,12 March and 12 May 2021 for full details of the results. Growing and Developing a new high–gr
Slide 13: Admiral – Clark – Butterfly – Resource Growth
Ulysses: Admiral – Clark – Butterfly – Resource Growth For personal use only Refer to the ASX announcement dated 12 May 2021 for full details of the results. Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 13
Slide 14: Admiral – Clark – Butterfly – Long Section
Ulysses: Admiral – Clark – Butterfly – Long Section ~500m Influence For personal use only 200m Target Zone Admiral Deeps 21USRC892 Untested 5m @ 60.7g/t Au from 265m Growing and Developing a new high–grade Australian gold project in a Tier–1 location Slide 14
Slide 15: Orient Well
Ulysses: Orient Well ► Combined Mineral Resource for the For personal use only Orient Well Group of deposits: 7.3Mt @ 1.1g/t Au for 247,000 ► Mineralisation associated with a quartz stockwork hosted by NE dipping felsic volcanics ► Drilling has returned high gold grades within a broad zone of gold m
Slide 16: Orient Well
Ulysses: Orient Well For personal use only Refer to the ASX announcements dated 21 October and 9 November 2020 and 8 February, 17 February and 9 April 2021 for full details of the exploration results for Orient Well Growing and Developing a new high–grade Australian gold project in a Tier–1 location
Slide 17: Orient Well – Section 10,900N and 10,475N
Ulysses: Orient Well – Section 10,900N and 10,475N For personal use only Refer to the ASX announcements dated 21 October and 9 November 2020 and 8 February, 17 February and 9 April 2021 for full details of the exploration results for Orient Well Growing and Developing a new high–grade Australian gol
Slide 18: Puzzle and Puzzle North
Ulysses: Puzzle and Puzzle North ► Shallow (<70m) resource of 1.7Mt @ 1.1g/t Au for 59,000oz at Puzzle ► Drilling continuing remainder of CY2021 to test Puzzle and Puzzle North For personal use only ► Mineralisation associated with east dipping granite-greenstone contact Significant mineralisation r
Slide 19: Puzzle Mineralised Trend
Ulysses: Puzzle Mineralised Trend ► Mineralisation at the Puzzle pit and Puzzle North interpreted to be spatially related to distinct undulations (changes in strike and dip) on For personal use only the granite contact ► Significant Exploration Target defined associated with east-dipping granite-gre
Slide 20: Exciting new discovery opportunities
Ulysses: Exciting new discovery opportunities ► Genesis now controls over 40km of strike of highly prospective For personal use only ground ► Genesis is the first Company to control the whole area ► Vast regional exploration upside ► Pipeline of both near-mine and regional exploration targets ► Air-
Slide 21: Ulysses to Orient Well Corridor
Ulysses: Ulysses to Orient Well Corridor ► Numerous priority targets For personal use only outside of known resource areas generated from recent mapping and interpretation ► Targets include intersection of shear zones with differentiated dolerite units with potential to form Ulysses style deposits P
Slide 22: Feasibility Study Nearing Completion
Ulysses: Feasibility Study Nearing Completion ► Feasibility Study on construction of a standalone treatment facility at Ulysses utilising ore sourced from For personal use only both underground and open pit sources, with a focus on the Admiral-Clark-Butterfly area and Orient Well for initial sources
Slide 23: Summary: Key Takeaways
Summary: Key Takeaways Expanding the Ulysses Gold Project as the foundation for a mid-tier gold company… For personal use only Genesis on a firm growth trajectory towards the establishment of a significant new standalone gold mining and processing operation at Ulysses Significant zones of mineralisa
Slide 24: March 2021 Mineral Resource
Ulysses: March 2021 Mineral Resource March 2021 Resource Estimate 0.5g/t Cut off above 280mRL 2g/t Below 280mRL Measured Indicated Inferred Total For personal use only Deposit COG g/t Tonnes T Au g/t Au Ounces Tonnes T Au g/t Au Ounces Tonnes T Au g/t Au Ounces Tonnes T Au g/t Au Ounces Ulysses High
Slide 25: 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 25
Slide 26: Ulysses – Geology
Ulysses – Geology The Ulysses Au deposit is developed within a WNW-striking, 35° NNE-dipping shear zone (Ulysses Shear), which has sinistral strike-slip kinematics. The Ulysses Shear cuts at low angle through the entirely mafic stratigraphy, which is slightly more NW-striking, and dips 30° to the
Slide 27: Ulysses – Geology
Ulysses – Geology Plan View Lower Quartz Dolerite For personal use only Middle Quartz Dolerite Ulysses Shear Ulysses West Ulysses Ulysses West Ulysses Shear Lower Quartz Dolerite Middle Quartz Dolerite Looking 220 Slide 27
Slide 28: Admiral Dolerite: Logging 20USDH148
Grain Alt Min 20USDH148 Lith Size Int Admiral Dolerite: Logging 20USDH148 (est.) Dolerite with blue Qtz-eyes, not MDQ much Fsp ► Lithology: For personal use only ► very coarse granophyric section ► blue qtz-eyes and fsp-qtz intergrowths often >30% of rock PQ full core; Very Coarse Granophyric Doleri