Genesis Minerals Limited · ASX:GMD
Genesis Minerals — RRS Investor Luncheon Series (October 2016)
24 slides from Genesis Minerals's conference presentation, Oct 24, 2016
Slide 1: A two-pronged growth strategy in WA gold
For personal use only A two-pronged growth strategy in WA gold • Production and cash flow today • Game-changing discoveries tomorrow RRS Investor Luncheon Series 24-26 October 2016 Michael Fowler, Managing Director
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 earnings, cash flow, costs and financial performance. Forward looking For personal use only statements includ
Slide 3: The Genesis Snapshot
The Genesis Snapshot Production and cash-flow today… For personal use only • Mining underway at Ulysses West gold project near Leonora • 3-month toll-treatment operation delivering ~8,900oz from initial open pit • Mining alliance with experienced contractor, SMS Innovative Mining P/L • Estimated fre
Slide 4: A Clear Two-Pronged Growth Strategy in WA gold
A Clear Two-Pronged Growth Strategy in WA gold Production and cash-flow today….. For personal use only Game-changing discoveries tomorrow… 4
Slide 5: Corporate Overview
Corporate Overview Capital Structure Board and Management For personal use only Share Price 2.7c Richard Hill Chairman Shares on Issue 634 million • Geologist & Solicitor Options on Issue 27.2 million • 20 years of resource experience, involved at all levels Market Capitalisation (@ $0.027) ~A$17 mi
Slide 6: Ulysses West – Project Summary
Ulysses West – Project Summary • Located in the heart of WA’s world-renowned Yilgarn Craton (Eastern Goldfields) For personal use only • Close to several multi-million ounce gold deposits • Mining commenced recently at Ulysses West • Initial Probable Ore Reserve1 of 74,000t at 4.1g/t gold for 9,700o
Slide 7: West – Layout
Ulysses West – Layout For personal use only Goldfields Hwy Ulysses Pit 25,000oz Mined 7
Slide 8: West – Mining Commenced, First Cash-Flow Imminent
Ulysses West – Mining Commenced, First Cash-Flow Imminent For personal use only 8
Slide 9: West – Mining Commenced, First Cash-Flow Imminent
Ulysses West – Mining Commenced, First Cash-Flow Imminent For personal use only 9
Slide 10: West – Mining Commenced, First Cash-Flow Imminent
Ulysses West – Mining Commenced, First Cash-Flow Imminent For personal use only 10
Slide 11: West – Mining Alliance Agreement
Ulysses West – Mining Alliance Agreement • Mining Alliance with highly regarded SMS Innovative Mining Pty Ltd For personal use only • SMS providing mix of equity and debt funding to support development of the Project • Equity of up to A$2.5M to be provided to the Company via conversion of mining ser
Slide 12: West – Toll Milling Agreement
Ulysses West – Toll Milling Agreement • Binding Toll Milling Agreement entered into with Paddington Gold Pty Ltd (“Paddington”), a wholly owned subsidiary For personal use only of Norton Gold Fields Ltd • Competitive milling rates secured with ore haulage to be undertaken by Paddington’s preferred h
Slide 13: Near-Mine Exploration Targets
Ulysses – Near-Mine Exploration Targets For personal use only 13
Slide 14: Near-Mine Exploration Targets
Ulysses – Near-Mine Exploration Targets For personal use only Looking North Highway 14
Slide 15: Mining Lease Targets
Ulysses – Mining Lease Targets For personal use only . ULYSSES EAST AIRCORE RESULTS PENDING • Significant new gold zones intersected at Ulysses East and Ulysses West outside of the existing Mineral Resource 16USAC072 8m@ 0.70g/t gold from 60m • AC drilling demonstrates the inc. 3m @ 1.60g/t gold fro
Slide 16: A Clear Two-Pronged Growth Strategy in WA gold
A Clear Two-Pronged Growth Strategy in WA gold Production and cash-flow today….. For personal use only Game-changing discoveries tomorrow… 16
Slide 17: Viking Gold Project - Location
Viking Gold Project - Location Viking Gold Project For personal use only • Second highly prospective gold exploration project held by the Company • Located in world-class Albany-Fraser Orogen (Tropicana gold deposit, Nova-Bollinger nickel deposit) • Under-explored area with significant discovery pot
Slide 18: Viking Gold Project - Overview
Viking Gold Project - Overview For personal use only +6 Moz mined +0.26 Moz Reserve 18
Slide 19: 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 Potential to define a large oxide gold zone associated with a high-g
Slide 20: Viking Gold Project – Beaker Prospect
Viking Gold Project – Beaker 4 Prospect • High-grade gold intersected For personal use only • Gold mineralisation is hosted by laminated pyrite- bearing quartz veins with visible gold • Three open ended mineralised trends (+2km) to be targeted by follow up RC and aircore (AC) 20
Slide 21: Viking Gold Project – Dr Bunsen Anomaly
Viking Gold Project – Dr Bunsen Anomaly • Strike extensive (7km) auger defined gold For personal use only anomaly Auger sampling • Adjacent to the Jerdacuttup Fault – contact between Yilgarn Craton and Albany Fraser Orogen Beaker 4 • Untested by drilling • First pass air core drill testing to bedroc
Slide 22: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways Ulysses Gold Project – Western Australia For personal use only Mining underway, first cash-flow imminent Mining Alliance Agreement with SMS Innovative Mining Pty Ltd which provides funding for the initial mining operation at Ulysses West Highly competitive To
Slide 23: 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 24: Appendix - Ulysses Project Resources and Reserves
Appendix 1 - Ulysses Project Resources and Reserves Ulysses Ore Reserve Summary For personal use only Ore Reserve Category Tonnes Au g/t Au Oz Proved - - - Probable 74,000 4.1 9,700 Total 74,000 4.1 9,700 Ulysses Mineral Resource Inclusive of Ore Reserves Mineral Resource Category Tonnes (Mt) Au g/t
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