Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GENESIS RESOURCES LIMITED Investor Presentation 2011

Nov 16, 2011

64980_rns_2011-11-16_7a1d7fcb-e57f-408f-9e92-19f1b83a27cc.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

Genesis Resources Limited

Genesis Resources Limited

Genesis Resources Limited

Australia

  • Portfolio of iron, gold, manganese & base metal (copper-zinc-silver) projects in the highly prospective Proterozoic and Phanerozoic metallogenic provinces of northern Australia

Macedonia

  • Joint Venture over an advanced copper-gold project (Plavica) within Carpathian Volcanic Arc, a major epithermal province running through Eastern

Genesis Resources Limited

Plavica Project – Macedonia

7 exploration concession licences covering 185 km[2]

Located in the Kratovo District of NE Macedonia approx. 65km E of the Macedonian capital, Skopje

  • Historic Roman gold mines in Carpathian Volcanic Arc

  • Considered highly prospective for gold, copper and silver

  • Genesis has JV with Sileks AD Kratovo (“Sileks”) & holds the right to acquire a 62% participating interest by sole funding exploration to completion of a final feasibility study

  • Genesis is project manager

  • Current Inferred Mineral Resource (JORC Code-compliant):

Genesis Resources Limited

Plavica Project – Macedonia Phase One drilling programme on the 1.65Moz Plavica Project

  • Diamond drilling programme completed in 2011 for 2,842m

  • Based on 4 holes drilled into the current resource area, drilling has supported earlier Yugoslav drill data

  • Highlights include 72m @ 0.61 g/t Au + 10 g/t Ag and 45.1m @ 0.7% Cu, 0.52 g/t Au, 11.5 g/t Ag + 0.1% Mo

  • Results still awaited on the remaining holes of the programme along zones of vughy silica alteration in the vicinity of Plavica Peak

  • Current exploration programme to be concluded in Q4 2011

Genesis Resources Limited

Gladstone-Mount Millar Project

Exploration Licence EPM15771 Mining Lease Application MLA80166 Approx. 15 kilometres by road from port of Gladstone on east coast of central Queensland

  • Historical manganese mine

  • 3D model of 1915 data infers an Exploration Target (**) of 35,000t to over 206,000t at 35-50% Mn remaining ore with mineralisation still open at depth

  • Environmental Authority granted for Mount Millar Mine

  • Scoping study – subject to sufficient resources, economically viable if mined in an open pit

  • Helicopter VTEM electromagnetic survey undertaken in late 2010

Genesis Resources Limited

Alice Springs Cu-Au-Fe Project

Exploration Licence EL24817 Approx. 155 kilometres by road NE from Alice Springs in the Northern Territory

  • Field mapping and reconnaissance undertaken to re-assess targets

  • Significant copper, gold, silver & bismuth up to 5.8% Cu, 4.6% Bi, 27 g/t Ag and 0.7g/t Au (with visible malachite, chalcopyrite, chalcocite and chrysocola) found in Cadney Fault shear zone

  • Cadney Fault shear zone consists of quartzcarbonate veins in sheared gneiss with a strike-length of over 10km

  • Prospects on cross-cutting NE-striking faults also carry mineralisation

Genesis Resources Limited

Arltunga Cu-Au Project

  • Exploration Licence EL25238

  • Approx. 110 kilometres by road ENE from Alice Springs in the Northern Territory

  • Encompasses most of the former Arltunga Goldfield mined in 1800’s to mid 1900’s

  • High gold confirmed from widespread historical workings but generally with thin quartz veins which are of low interest in themselves

  • However up to 29.2g/t Au discovered in chlorite schist which cross-cuts the lines of lode. The possibility of larger scale, shear-hosted gold deposits is being investigated

Genesis Resources Limited

  • McArthur Mn Project Exploration Licence EL24814

  • Approx. 850 kilometres SE of Darwin in the Northern Territory • Contains Masterton No2 manganese occurrence but drilling infers that the main, massive occurrences of manganese do not extend below about 5m in depth

  • Results of detailed gravity survey nearby indicate possibility of buried massive manganese based on gravity contrast with surrounding limestone

  • Genesis is seeking interest of a potential JV partner

Genesis Resources Limited

Pioneer Au Project

Exploration Licence EPM15619 Approx. 70 kilometres NW of Bundaberg in Queensland

  • Prospective for gold, uranium and base metals with numerous historical gold workings

  • Historical mining primarily focused on Pioneer Reef which produced 57 kg of gold at an average grade (recovered) of 23.31 g/t gold when mining stopped in the 1940’s

  • Slightly magnetic pyrrhotite in samples from the Main Shaft suggest that a detailed ground magnetic survey may assist with exploration

Genesis Resources Limited

Technical Summary

  • Portfolio of gold, manganese & base metal (copper-zincsilver) projects on exploration tenements totalling 1,741 km[2]

  • Phase One drilling programme on the 1.65Moz Plavica Project in Macedonia has broadly confirmed previous Yugoslav drill results (awaiting further assays on new targets)

  • Environmental Authority granted for proposed Mount Millar Mine near Gladstone in Queensland but mine planning dependent on confirming remaining manganese ore

  • Alice Springs and Arltunga projects in Northern Territory contain good prospects for gold, iron & base metals with numerous historical gold workings

  • Drilling programs planned in 2012 for Plavica, Mount Millar, Alice Springs and Arltunga

  • Genesis is committed to the creation of shareholder value