Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (April 2022)
24 slides from Genesis Minerals's investor presentation, Apr 4, 2022
Slide 1: Open for Business - ASX Gold Company
For personal use only OPEN FOR BUSINESS ASX GOLD COMPANY APRIL 2022
Slide 2: Forward-Looking Statements
Qualification 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
Slide 3: Introduction
Introduction • Strategic tenement holding - +65Moz Leonora District* of WA For personal use only • Outstanding team - Previously operated ~1/2 the mines in Leonora District, proven track record of discovery and accretive M&A • Unique Executive remuneration structure - Ensures alignment with sharehol
Slide 4: Corporate overview
Corporate overview Key metrics (ASX:GMD) Board Sub header example Non-Executive Chairman Tommy McKeith For personal use only Shares on issue^ 252m Share price A$1.74 Managing Director Raleigh Finlayson Non-Executive Director Michael Bowen Market cap A$438m At 4 Apr 2022 Non-Executive Director Gerry
Slide 5: Purpose, vision and core values
Purpose, vision and core values Purpose For personal use only The Australian gold company most respected for our people, partnerships and performance Vision The premium Australian gold producer - Sustainable, high quality, +300koz pa Core values Our Core Values drive our culture and leadership 5
Slide 6: Plan on a page
Five-year strategy - Plan on a page PEOPLE AND ORGANIC VISION DISCOVERY M&A For personal use only CULTURE GROWTH “The premium Australian Our Core Values drive our Skilled, committed and stable Management KPI’s drive Discipline first - Track record gold producer - culture and leadership geoscience te
Slide 7: Vision
Five-year strategy VISION • Australia’s next mid-tier gold Company - Fill the void between the large-cap (ASX For personal use only 100) and small-cap miners “The premium Australian 20.0 ASX 100 gold producer - Sustainable, high quality, 17.5 +300koz pa” 15.0 Fill the void with premium “Aussie-leade
Slide 8: People and culture
Five-year strategy - People and culture PEOPLE AND • Small Company DNA - Everyone is important, everyone impacts value For personal use only CULTURE Our Core Values drive our • …but THINK BIG; Genesis is not here to stand still; building the capacity for further culture and leadership growth: Proven
Slide 9: People and culture
Five-year strategy - People and culture Proven leadership team… Performance rights - Growth hurdles For personal use only (three tranches, three-year escrow / three-year • Winning blend of Genesis people with ex-Saracen Executives minimum service commitment) • Proven district track record of discove
Slide 10: Discovery
Five-year strategy - Discovery DISCOVERY • Strong track record of successful diligent exploration For personal use only Skilled, committed and stable • Discovery cost A$27/oz last 12 months geoscience team >40km highly prospective • Significant opportunity for new discoveries… strike Full pipeline o
Slide 11: Discovery
Five-year strategy - Discovery >40km of highly prospective strike For personal use only Discovery opportunity - Ulysses to Orient Well Corridor Discovery opportunity - Puzzle Corridor 11
Slide 12: Discovery
Five-year strategy - Discovery Full pipeline of near-mine and regional exploration targets For personal use only Prospects Target Definition Target Testing Resources Reserves Blue Belle / Lady Nora / Puzzle SE Sunbeam Puzzle West Butterfly East / Hercules Voyager / Admiral Orient Well Duke Puzzle We
Slide 13: Organic growth
Five-year strategy - Organic growth ORGANIC • Current Resource 39Mt @ 1.6g/t for 2.0Moz (57% Measured and Indicated) For personal use only GROWTH Management KPI’s drive • Sector leading Resource growth rate - 39% 3-year CAGR (v peers 17%) sustainable growth: 1/3 Resource growth to 2.5Moz Total Miner
Slide 14: Organic growth
Five-year strategy - Organic growth Central player in the tier-one Leonora district: For personal use only • Resource growth in three key areas: ▪ Puzzle +251,000oz to 310,000oz ▪ Admiral +103,000oz to 562,000oz ▪ Orient Well +55,000oz to 302,000oz • Puzzle growth driven by maiden contribution from
Slide 15: Organic growth
Five-year strategy - Organic growth Advantage depth - Genesis ~1/3 depth of Leonora peers: For personal use only 0 Ulysses Admiral Orient Well Puzzle A B C D E F G Genesis average -250 -500 Depth of drilling (~mbs) -750 Leonora average -1000 -1250 -1500 -1750 -2000 • A lot further to go… Source: Pee
Slide 16: M&A
Five-year strategy - M&A M&A • Capabilities / coarse filters: For personal use only Discipline first - Track record PROJECT MINING AND GEOLOGY AND COSTS / COMMODITY JURISDICTION SCALE of sensible accretive M&A STAGE METALLURGY MINE LIFE FINANCIAL Gold Prioritise Advanced >100koz pa Open pit Eastern
Slide 17: M&A
Five-year strategy - M&A Regional backdrop - Leonora District: Mill capacity more than doubled (Mtpa) since 2014 For personal use only • Long and rich history, multiple players, many mills 25 • Long milling: 20 ▪ District capacity expanded from ~10 to 25Mtpa in 8 years ▪ Further expansions slated to
Slide 18: From Genesis to revelation
From Genesis to revelation Open for business For personal use only • We have arrived as a central player with genuine scale in the tier-one Leonora District • We are uniquely aligned with our shareholders • We have an enviable platform for organic and inorganic growth: ▪ People - Building a leading
Slide 19: APPENDIX A - Leonora Gold Project: Ulysses
APPENDIX A - Leonora Gold Project Ulysses For personal use only • High endowment 2,400oz per vertical metre (OVM) • Shovel ready, underground optionality • Ulysses remains open along strike and at depth • Extensional drilling will resume in 2022 19
Slide 20: APPENDIX A - Leonora Gold Project: Admiral
APPENDIX A - Leonora Gold Project Admiral For personal use only • “Forgotten” shallow opportunity - Virtually no exploration for ~20 years • Multiple structures / multiple orientations / multiple rock types: ▪ Favourable for significant gold mineralisation ▪ Hot spots = Where the shear zones hit the
Slide 21: APPENDIX A - Leonora Gold Project: Orient Well
APPENDIX A - Leonora Gold Project Orient Well For personal use only • Another “forgotten” shallow opportunity - Virtually no exploration for ~20 years • Hosted within a felsic intrusive - Stockwork of quartz veins associated with sulphides over >1,600m strike • Recent drilling success in three key e
Slide 22: APPENDIX A - Leonora Gold Project: Puzzle
APPENDIX A - Leonora Gold Project Puzzle For personal use only • Another “forgotten” shallow opportunity - Virtually no exploration for ~20 years • Significant exploration target covering 2km of granite-greenstone contact • April 2021 new discovery at Puzzle North: ▪ Numerous shallow, high grade dri
Slide 23: APPENDIX B - Mineral Resources
APPENDIX B - MINERAL RESOURCES Mineral Resources by deposit - March 2022: For personal use only Measured Indicated Inferred Total Project Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au COG g/t t g/t Ounces t g/t Ounces t g/t Ounces t g/t Ounces Ulysses High Grade 0.5/2.0 658,000 6.1 129,000 908
Slide 24: 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 2022) on 6ix