Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Shareholder Meeting (November 2009)
13 slides from Genesis Minerals's shareholder meeting presentation, Nov 25, 2009
Slide 1: November 2009 AGM
For personal use only November 2009 AGM
Slide 2: Corporate Overview
Corporate Overview For personal use only • ASX Listed (Code: GMD) • High calibre Board experienced in copper/gold operations i fforeign in i jjurisdictions i di ti – Michael Fowler Managing Director – Michael Haynes Chairman – Graeme Smith Non Executive Director • Capital p Structure – Issued Capita
Slide 3: 2008/09 Summary
2008/09 Summary For personal use only • Completed initial drilling programs at Merceditas • Inferred Resource estimated • Sourcing of JV partners and investors for Merceditas • Looked at toll treatment opportunities • Reviewed numerous copper and gold assets in Latin America for potential acquisitio
Slide 4: Key Assets
Key Assets For personal use only • Option to acquire Merceditas Copper Project in Chile. • Small but well experienced team of resource professionals experienced i d iin exploration, l ti open cutt and d underground d d mining operations. • Experience in Chilean Base and Precious Metal Projects Proje
Slide 5: Merceditas Project
Merceditas Project For personal use only • Located 1,000 kms north of Santiago • Option to acquire 100% by payment of US$6 million over 36 months commencing January 2010 • Close to established and reliable infrastructure (port, power & sealed roads) d ) • Low Elevation ~1,300 metres • Copper Oxide R
Slide 6: Merceditas
Merceditas For personal use only • Significant Cu oxide and Au mineralisation l d defined f d at surface f over 5km by 3km area • Paula – IOCG Deposit – Historical trenching with limited drilling – Significant trench results from previous explorers • Lucy – Porphyry Cu‐Au – Historical trenchingg and
Slide 7: Merceditas - Resource
Merceditas - Resource For personal use only • 90% of resource occurs from surface to 80m depth within interpreted oxide zones amenable to heap leaching • Resource >0.2% Cu defined to date ~188,000 tonnes of contained Cu Merceditas December 2008 Inferred Mineral Resource Estimate 0.2% Cu Cut-off Depo
Slide 8: Lucy Resource Upside
Lucy Resource Upside For personal use only • Significant potential to increase resource base at Lucy • Zone 1500m by 500m untested by drilling • Under gravels • Requires immediate drill testing both in the oxide and primary p y 8
Slide 9: Lucy Resource Upside
Lucy Resource Upside For personal use only • No drilling to test primary mineralisation associated with significant g oxide mineralisation • Oxide mineralisation over 100m wide • All oxide holes end in Cu mineralisation • Completely open at depth and to the north and north east • Requires deep drill
Slide 10: Paula Resource Upside
Paula Resource Upside For personal use only • Principal Zone ¾ 1.22 km long zone which requires 1 significant further drilling ¾ No primary drilling • Estaca Zone ¾ 1.0 km long zone with significant Cu Pupy Zone Estaca oxide at surface in trenches ¾ Tested by 2 drill holes to date Zone ¾ Si ifi Sign
Slide 11: Paula Resource Upside
Paula Resource Upside For personal use only Significant untested sulphide potential • The large volume of material at Merceditas with a magnetic Estaca susceptibility similar to Zone Candelaria and Santo Pupy Zone Domingo makes an excellent target for IOCG style mineralization • Significant sulphide
Slide 12: Conclusion / Why Invest in Genesis?
Conclusion / Why Invest in Genesis? For personal use only • Merceditas ‐ Initial Copper Oxide Resource identified with excellent ll t exploration l ti upside id • Experience in operating in Chile – Established Office & Personnel – Knowledge of Chilean law and customs – Good local contacts for future
Slide 13: Going Forward
Going Forward For personal use only • Negotiations are continuing with potential Joint Venture partners t and d investors i t f the for th development d l t off the th Merceditas M dit Project in Chile. • Opportunities for toll treating copper oxide ore from the Merceditas Project are also being inv
Genesis Minerals — Shareholder Meeting (November 2009) on 6ix