Genesis Minerals (GMD) Corporate presentation summary

Strategic growth and acquisitions

• Completed acquisition of Magnetic Resources for A$639 million, adding the 2.2Moz Lady Julie project near the Laverton mill and boosting total resources to 21Moz and reserves to 5.2Moz.

• Consolidated 100% focus on Leonora/Laverton, unlocking synergies and cost savings by integrating assets into single operations.

• Growth strategy elevated to "ASPIRE 500," targeting 500,000oz annual production, with updated multi-year plans post-acquisition.

• Ongoing studies to expand Laverton milling capacity to 4.5–5.0Mtpa and build a new 3.5–4.0Mtpa Tower Hill mill.

• Substantial exploration upside along the Chatterbox Trend and other key regional structures.

Operational and financial performance

• FY26 production outlook of 260–290koz at AISC A$2,500–2,700/oz, with A$220–240m growth capital and A$40–50m exploration spend.

• Record cash generation: A$736m over 13 months, with A$465m cash and equivalents and no bank debt as of January 2026.

• Sector-leading return on capital employed (ROCE) at 38% for the last 12 months, up from 23% previously.

• Consistent track record of meeting or exceeding production guidance since becoming a producer.

• Capital allocation strategy: one-third to growth, one-third to shareholders, one-third to balance sheet.

Asset portfolio and development pipeline

• Gwalia: High-grade, long-life underground mine with 4.5Moz resource and 1.1Moz reserve; ongoing conversion of 2.6Moz M&I resources.

• Tower Hill: New mill development (A$250–280m capex) to process 1.6Moz resource and 1.0Moz reserve, with significant cost savings over haulage.

• Jupiter: 20Mt @ 1.0g/t for 620koz resource, 7.7Mt @ 0.9g/t for 220koz reserve; ongoing drilling for extensions.

• Focus assets: 4Moz resource, 546koz reserve; Beasley Creek as initial project with strong drill results and multiple open-pit opportunities.

• Lady Julie: 2.2Moz resource, 1.0Moz reserve; feasibility study confirms robust economics and synergies with adjacent assets.