Genesis Minerals : Farm-In Deal over Desdemona South Area

Genesis Minerals Limited (ASX: GMD)

ASX Announcement - 10 December 2019

GENESIS EXPANDS STRATEGIC FOOTPRINT AT LEONORA

WITH FARM-IN DEAL OVER DESDEMONA SOUTH

High-priority drilling targets identified immediately north of 760,000oz Ulysses Project

Key Points:

• Genesis enters exploration farm-in and joint venture with Kin Mining (ASX: KIN) over the Desdemona South Area, south of Leonora in WA.
• Desdemona tenement package is contiguous with and located immediately north of Genesis' 100%-owned 760,000oz1 Ulysses Gold Project.
• Project is strategically located between Ulysses and St Barbara's Gwalia Mine and covers a number of conceptual to moderately advanced gold targets.
• Includes over 10km of prospective strike, including the northern extension of the strongly mineralised structural corridor that hosts the Ulysses gold deposit.
• Target zones identified to be tested in the first half of 2020.
• Joint Venture is consistent with the Company's strategy to consolidate additional, highly prospective gold tenure in the Leonora district.

Genesis Minerals Limited (ASX: GMD) is pleased to announce that it has entered into a Farm-in and

Joint Venture agreement with Kin Mining NL (ASX: KIN) over the Desdemona South JV Gold Project ("Desdemona South" or "Project"), located south of Leonora in Western Australia.

Desdemona South (see Figure 1) comprises a strategically located tenement package immediately north of and contiguous with Genesis' 100%-owned760,000oz1 Ulysses Gold Project, and includes a range of exploration targets which will strengthen and expand the Company's growth pipeline in the Leonora region.

Under the terms of the agreement, Genesis will have the right to earn an initial 60% interest in the Project and move to 80% under certain conditions.

The Joint Venture will provide Genesis with over 10km of strike of mafic stratigraphy (similar to Ulysses) to explore within the same regional structural corridor that controls gold mineralisation in the district (see Figures 2 and 4).

Genesis Managing Director, Michael Fowler, said the farm-in and joint venture agreement with Kin Mining represented a logical and strategic addition to its regional gold exploration footprint.

"This gives Genesis an opportunity to test a highly prospective and under-explored package of ground located immediately north of our existing Resource base at Ulysses," he said. "It is consistent with our strategy of acquiring and consolidating prospective ground and assets in the Leonora district that will help us to grow our Resource base and establish the foundations for us to build a long-term gold business."

1 Measured, Indicated and Inferred Resource of 7.1Mt @ 3.3g/t gold for 760,000oz - refer ASX announcement, 9 October 2018 and Table 2 in this announcement.

ABN: 72 124 772 041	ASX Code: GMD
Unit 6, 1 Clive St	www.genesisminerals.com.au
West Perth, WA, Australia, 6005	T: [phone]

10 December 2019

Genesis Minerals Limited

"The contiguous nature of the tenement package and the fact that it hosts extensions of the same prospective structures that host the Ulysses deposit make this a very attractive addition to our exploration footprint," Mr Fowler continued. "We are looking forward to getting on the ground at Desdemona South to commence exploration activities.

"In the meantime, work is continuing on a number of other fronts. With resource in-fill drilling recently completed at Ulysses, we are awaiting final results and commencing work on the next Resource update. Regional air-core drilling is continuing at Ulysses in the ongoing hunt for new discoveries, and we are about to commence a program of diamond drilling at the Barimaia JV Project near the Mt Magnet gold mine."

Desdemona South Overview

The Desdemona South JV Gold Project comprises a package of nine tenements covering a total area of ~156km2, shown in the blue shading in Figure 1. The Project is easily accessed off the Goldfields Highway and is strategically located between Genesis' Ulysses Project and St Barbara's Gwalia Mine.

The tenement package includes a number of conceptual to moderately advanced gold targets. There are no Mineral Resources located on the Project. The Project area has been explored for gold and base metals since the 1970's but has had a fragmented and discontinuous exploration history due to a number of owners.

The Project area overlies Archaean greenstones and meta-sedimentary rocks intruded by sill-like bodies of mafic and ultramafic rocks. Mafic lavas, rhyolites and dacites predominate in the sequence, with dolerites and gabbros being the dominant intrusions. The regolith is variable with significant transported cover over the western portion of the project.

Early exploration of the Project area by previous explorers was hindered by the presence of widespread transported cover and deep clay overburden. Many rotary air blast drill programs conducted in the project area were unsuccessful, as target depths to test the bedrock could not be achieved due to swelling clays or water in-flows from buried palaeo-channels.

Target Zones

Figure 1. Project location map showing the Desdemona South JV Project in blue.

A number of target areas have been developed for drill testing in 2020 and are shown on Figures 3 and 4. Target areas 1 and 2 cover approximately 10km of strike of mafic stratigraphy (similar to Ulysses) within structurally complex areas within the regional structural corridor.

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These targets are concealed by transported cover and have been under-explored to date. Genesis proposes initially to complete wide-spacedair-core drilling with the objective of defining significant gold anomalism.

Target 3 is located on the granite-greenstone contact outside the mafic stratigraphic sequence and covers a structurally complex area that is untested by drilling. The Company plans to undertake wide- spaced air-core drilling to test this area, with the objective of defining significant gold anomalism.

Target 4 is located in the north-eastern portion of the Project in a structurally complex area associated with the Emu Fault. This area is untested by drilling and is located adjacent to Lake Raeside.

Figure 2. Regional magnetics RTP showing Ulysses and Desdemona South JV.

The Pelican-Flamingo Target is positioned on the northern limb of the Melita Syncline (see Figures 3 and 4). Mineralisation comprises quartz veining and sericite-pyrite alteration in a quartz-feldspar porphyry. A best result of 8m @ 22.48g/t Au from 60m in HWAC037 in air-core drilling was recorded.

A follow-up RC program defined narrow high-grade bedrock mineralisation with a best/typical result of 1m at 9.3g/t from 111m. The controls on mineralisation are not well understood and mineralisation remains open.

The broader area is only lightly tested and the magnetic dolerite unit spatially associated with the mineralisation remains untested. This area is considered a prospective target for applying the Ulysses geological model.

Planned drill testing will include Reverse Circulation and air-core drilling.

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Figure 3. Plan view showing initial target zones on the Desdemona South JV area. Initial targets for testing

highlighted within the orange polygons.

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Figure 4. Plan view showing initial target zones on the Desdemona South JV area on RTP magnetics. Initial

targets for testing highlighted within the orange polygons.

Farm-In and Joint Venture Terms

The initial Farm-In terms are as follows:

• Stage 1 Expenditure: Genesis must incur expenditure of not less than $250,000 (Minimum Expenditure) on the JV Area within 18 months of Commencement.
• Stage 2 Expenditure: Genesis may earn a 60% interest in the JV Area by incurring a further $750,000 expenditure (total spend of $1,000,000) on the JV Area within 36 months of Commencement.

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Once Genesis earns a 60% interest, Kin may elect to form a Joint Venture with participating interests of 60% Genesis and 40% Kin or grant Genesis the right to elect to sole contribute or form a JV.

Once Genesis earns a 70% interest (if Kin does not elect to from a JV at 60%) Kin may elect to form a Joint Venture with participating interests of 70% Genesis and 30% Kin or grant Genesis the right to elect to sole contribute or form a JV to move to 80%.

Genesis would need to spend $2.6 million in total to earn an 80% interest in the JV.

ENDS

For further information, visit: www.genesisminerals.com.auor please contact

Investors:	Media:
Michael Fowler	Nicholas Read
Managing Director	Read Corporate
Genesis Minerals Limited
T: [phone]	T: [phone]

COMPETENT PERSONS' STATEMENTS

The information in this report that relates to Exploration Results is based on information compiled by Mr. Michael Fowler who is a full-time employee of the Company, a shareholder of Genesis Minerals Limited and is a member of the Australasian Institute of Mining and Metallurgy. Mr. Fowler has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Fowler consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The Information in this report that relates to Mineral Resources is based on information compiled by Mr Paul Payne, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Payne is a full-time employee of Payne Geological Services and is a shareholder of Genesis Minerals Limited. Mr Payne has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Payne consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

DRILLING RESULTS TABLE

Table 1. Desdemona South Drilling Results

Hole ID	MGA East	MGA North	MGA	Depth	MGA	Dip	From	To (m)	Int (m)	Gold
RL	Azi	(m)	(g/t)
HWRC001	339,769	6,778,850	371	117	290	-60	104	105	1	5.64
HWRC002	339,678	6,778,858	371	120	94	-60	111	112	1	9.29
HWRC005	339,677	6,778,838	371	123	88	-60	110	111	1	5.06
HWRC010	339,723	6,779,032	371	102	315	-60	94	95	1	2.66
HWA037	339,769	6,778,850	371	84	0	-60	60	68	8	22.48
HWA038	339,842	6,778,848	371	75	0	-60	52	60	8	2.09
HWA115	339,337	6,778,698	373	69	0	-60	47	48	1	9.23
HWA117	339,177	6,778,698	373	57	0	-60	44	45	1	3.01
HWA124	340,057	6,778,938	372	78	0	-60	45	48	3	8.05
HWA125	339,977	6,779,018	372	51	0	-60	47	50	3	2.11
HWA166	339,657	6,779,498	374	38	0	-60	35	36	1	2.56

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MINERAL RESOURCE TABLE

A summary of the October 2018 Ulysses Mineral Resource is provided in Table 2 below:

Table 2. October 2018 Mineral Resource Estimate 0.75g/t Cut-off above 200mRL, 2.0g/t Below 200mRL

	Measured	Indicated		Inferred			Total
Type	Tonnes	Au	Tonnes	Au	Tonnes	Au	Tonnes	Au	Au
	t	g/t	t	g/t	t	g/t	t	g/t	Ounces
Oxide	6,000	2.1	143,000	1.6	146,000	1.6	295,000	1.6	15,200
Transition	6,000	3.1	364,000	1.9	234,000	1.6	604,000	1.8	34,700
Fresh	21,000	5.0	3,647,000	3.7	2,551,000	3.3	6,220,000	3.6	710,500
Total	33,000	4.1	4,154,000	3.5	2,932,000	3.0	7,119,000	3.3	760,400

October 2018 Mineral Resource Estimate 2.0g/t Global Cut-off

	Measured	Indicated		Inferred			Total
Type	Tonnes	Au	Tonnes	Au	Tonnes	Au	Tonnes	Au	Au
	t	g/t	t	g/t	t	g/t	t	g/t	Ounces
Oxide	4,000	2.5	26,000	2.8	22,000	2.2	51,000	2.5	4,200
Transition	5,000	3.3	114,000	3.1	20,000	2.2	138,000	3.0	13,400
Fresh	21,000	5.0	2,323,000	5.2	1,605,000	4.3	3,949,000	4.8	610,800
Total	29,000	4.4	2,463,000	5.0	1,647,000	4.3	4,139,000	4.7	628,400

October 2018 Mineral Resource Estimate High Grade Shoots

	Measured	Indicated		Inferred			Total
Type	Tonnes	Au	Tonnes	Au	Tonnes	Au	Tonnes	Au	Au
	t	g/t	t	g/t	t	g/t	t	g/t	Ounces
HG Shoots	21,000	5.2	1,398,000	6.4	187,000	10.8	1,606,000	6.9	356,100

NB. Rounding errors may occur

Full details of the Mineral Resource estimate are provided in the Company's ASX announcement dated 9 October 2018.

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JORC Table 1 Section 1 Sampling Techniques and Data

Criteria		JORC Code explanation		Certified Person Commentary
	Nature and quality of sampling (eg cut	The drill hole sampling has been carried out at prospects on the
	channels, random chips, or specific	Desdemona South Project between the 1980's and early 2000's by a
	specialised	industry	standard	number of companies including Dalrymple Resources NL, Sons of Gwalia
	measurement tools appropriate to the	NL and Drake Resources. Kin Mining NL acquired the project in 2014.
	minerals under investigation, such as
	down hole gamma sondes, or handheld
	XRF instruments, etc). These examples
	should not be taken as limiting the broad
	meaning of sampling.
	Include reference to measures taken to	All co-ordinates are in UTM grid (GDA94 Z51) and drill hole collars are
	ensure sample representivity and the	estimated by converting local grid coordinates into GDA94 Zone 51 using
	appropriate	calibration	of	any	historical mapping, tenement boundaries and current aerial photography
	measurement tools or systems used.		and therefore are estimated to have a +-5m accuracy.
Sampling
Aspects	of	the	determination	of	Details of historical RAB, Aircore and RC sampling techniques are not
techniques	mineralisation that are Material to the	clearly reported in the historical data although a combination of single
	Public Report. In cases where 'industry	metre and composite samples were collected at <3kg using cyclone and
	standard' work has been done this would	riffle splitters. A combination of fire assay and aqua regia was used for
	be relatively simple (eg 'reverse	gold analysis.
	circulation drilling was used to obtain 1 m
	samples from which 3 kg was pulverised	3 RC holes were completed by Kin at the Pelican Prospect in 2014.
	to produce a 30 g charge for fire assay').	Sampling of drill holes comprised one metre (1m) rig cyclone split
	In other cases more explanation may be	samples as drilled or four metre (4m) composite speared samples.
	required, such as where there is coarse	Samples were collected over one metre intervals as individual split metres
	gold that has inherent sampling	or a speared composite samples over four metres. Approximately 3kg of
	problems.	Unusual	commodities	or	sample was collected over each sampled interval. Samples are drill spoil
	mineralisation	types	(eg	submarine	collected via a cyclone splitter attached to the rig. Sampling techniques
	nodules) may warrant disclosure of	are considered to be in line with the standard industry practice and are
	detailed information.					considered to be representative. Once received at the assay laboratory
									Kin samples were dried, crushed, pulverised and split to a representative
									50grams then fire assayed.
	Drill type (eg core, reverse circulation,	Historical drilling used a combination of RAB, Aircore and RC techniques
	open-hole hammer, rotary air blast,	and produce cut and air blasted samples and not core.
Drilling	auger,	Bangka, sonic, etc) and details	Kin drilling was completed by a standard Reverse Circulation (RC) drilling
(eg core diameter, triple or standard tube,
techniques	technique.
depth of diamond tails, face-sampling bit
	or other type, whether core is oriented
	and if so, by what method, etc).
	Method of recording and assessing core	Details of historical RAB, Aircore and RC drilling sample recoveries are
	and chip sample recoveries and results	not clearly reported in the historical data.
	assessed.
									Kin RC sample recoveries were visually estimated to be of an industry
									acceptable standard. Moisture content and sample recovery is recorded
Drill sample									for each RC sample.
Measures	taken to maximise sample	No information on sample recoveries has been recorded.
recovery
recovery	and	ensure	representative
	nature of the samples.
	Whether a relationship exists between	No relationship can be determined at this time.
	sample recovery and grade and whether
	sample bias may have occurred due to
	preferential loss/gain	of	fine/coarse
	material.
	Whether core and chip samples have	This is not applicable although drill chip samples have not been logged
	been	geologically and	geotechnically	to a level to support any future Mineral Resource estimation, mining or
	logged to a level of detail to support	metallurgical studies.
	appropriate	Mineral		Resource
	estimation,		mining		studies	and
Logging	metallurgical studies.
Whether logging is qualitative or	Logging of lithology, structure, alteration, mineralisation, regolith and
	quantitative in nature. Core (or costean,	veining was undertaken for RC drilling and diamond drilling
	channel, etc) photography.
	The total length and percentage of the	Historical logs indicate all relevant intersections were logged.
	relevant intersections logged.
Sub-sampling	If core, whether cut or sawn and whether	No core has been drilled.
quarter, half or all core taken.
techniques and

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	10 December 2019						Genesis Minerals Limited
sample	If non-core, whether riffled, tube	This information is not reported in the historical data and as such these
preparation	sampled, rotary split, etc and whether	details are unknown.
		sampled wet or dry.				Kin Reverse circulation holes were sampled at 1m intervals collected via
									a cyclone, dust collection system and cone splitter.
		For all sample types, the nature, quality	Historical data suggests that sample types and preparation was
		and appropriateness of the sample	appropriate for the period of collection and consistent with industry
		preparation technique.			standards at the time.
		Quality control procedures adopted for all	This information is not routinely reported in the historical data and as such
		sub-sampling stages to maximise	these details are unknown.
		representivity of samples.
		Measures taken to ensure that the	This information is not routinely reported in the historical data and as such
		sampling is representative of the in situ	these details are unknown.
		material collected, including for instance
		results for field duplicate/second-half
		sampling.
		Whether sample sizes are appropriate to	Historical data suggests that sample size was appropriate and consistent
		the grain size of the material being	with industry standards.
		sampled.
		The nature, quality and appropriateness	Commentary on historical data suggests that sample analysis was
		of the assaying and laboratory	appropriate for the period of collection and consistent industry standards
		procedures used and whether the	for with total digestion of soluble gold at the time.
		technique is considered partial or total.
		For	geophysical	tools, spectrometers,	No geophysical tools were used to estimate mineral or element
Quality of	handheld XRF instruments, etc, the	percentages.
parameters used in determining the
assay data and	analysis including instrument make and
laboratory	model, reading times, calibrations factors
tests	applied and their derivation, etc.
		Nature of quality control procedures	This information is not reported in the historical data and as such these
		adopted	(eg	standards,	blanks,	details are unknown.
		duplicates,	external	laboratory	checks)
		and whether acceptable levels of
		accuracy (ie lack of bias) and precision
		have been established.
		The	verification	of	significant	Drilling results noted in this report are historical and have only been
		intersections by either independent or	verified through consistency of historical reporting.
		alternative company personnel.
Verification of	The use of twinned holes.			There are no twinned holes identified in the historic data.
sampling and
Documentation of primary data, data	Drilling results noted in this report are historical and compiled from open
assaying
entry procedures, data verification, data	file WAMEX data and the data entry and verification procedures at the
		storage	(physical	and	electronic)	time are accurately documented.
		protocols.
		Discuss any adjustment to assay data.	No adjustments have been made to assay data.
		Accuracy and quality of surveys used to	All maps and sample locations are in MGA Zone51 GDA grid and have
		locate drill holes (collar and down-hole	been measured by hand-held GPS with an accuracy of ±5 metres. 5
		surveys), trenches, mine workings and
		other locations used in Mineral Resource
Location of	estimation.
data points
Specification of the grid system used.	Pre 2000 drill holes are in local grid co-ordinates which have been
									converted as an estimate into UTM grid (GDA94 Z51).
		Quality and adequacy of topographic	No accurate topographic control exists on reported historical drill holes.
		control.
		Data spacing for reporting of Exploration	Variable drill hole spacings were used in historical drilling with drill
		Results.						traverses generally spaced between 250m and 1.6km apart. Drill hole
									spacings on traverse lines varied from 50m to 400m with some holes
									drilled at 20m spacings at select prospects.
Data spacing
Whether the data spacing and	Historic data does not demonstrate sufficient continuity in both geological
and	distribution is sufficient to establish the	and grade continuity to support the definition of Mineral Resource, and
distribution	degree of geological and grade continuity	the classifications applied under the 2012 JORC Code.
		appropriate for the Mineral Resource and
		Ore	Reserve estimation	procedure(s)
		and classifications applied.
		Whether sample compositing has been	No compositing has been applied.
		applied.

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		Whether the orientation of sampling	Holes were generally drilled vertically.
		achieves unbiased sampling of possible
		structures and the extent to which this is
Orientation of	known, considering the deposit type.
data in relation
If the relationship between the drilling	No orientation based sampling bias is known at this time.
to geological
orientation and the orientation of key
structure
mineralised structures is considered to
		have introduced a sampling bias, this
		should be assessed and reported if
		material.
Sample	The measures taken to ensure sample	This information is not reported in the historical data and as such these
security	security.	details are unknown.
Audits or	The results of any audits or reviews of	No audits or reviews of sampling techniques and data were completed.
reviews	sampling techniques and data.

JORC Table 1 Section 2 Reporting of Exploration Results

	Criteria			JORC Code explanation			Certified Person Commentary
		Type, reference name/number, location	Genesis Minerals Limited through its subsidiary Ulysses Mining Pty Ltd
		and ownership including agreements or	has entered into a Farm-In and Joint Venture agreement with Kin Mining
		material issues with third parties such as	NL. Genesis may earn an initial 60% interest following the earn in period.
		joint	ventures, partnerships, overriding	The agreement covers the following tenements:
		royalties, native title interests, historical	•	E37/1326
		sites, wilderness or national park and
		environmental settings.			•	E40/283
								•	E40/285
Mineral							•	E40/323
						•	E40/369
tenement and							•	E40/366
land tenure							•	M40/346
status							•	P40/1283
								•	P40/1464
								The JV area is subject to the standard state royalty agreement and a 2%
								NSR royalty payable to a third party on some of the tenements.
		The security of the tenure held at the time	The tenements are in good standing.
		of reporting along with any known
		impediments to obtaining a licence to
		operate in the area.
		Acknowledgment	and	appraisal	of	A number of companies including Dalrymple Resources NL, Sons of
Exploration	exploration by other parties.		Gwalia NL and Drake Resources have completed exploration over the
done by other							JV area.
parties							Kin Mining NL acquired the project in 2014.The project was acquired by
								Kin in 2014.
		Deposit type, geological setting and style	The Project area overlies Archaean greenstones and meta-sedimentary
		of mineralisation.				rocks intruded by sill-like bodies of mafic and ultramafic rocks. Mafic
								lavas, rhyolites and dacites predominate in the sequence, with dolerites
Geology							and gabbros being the dominant intrusions. The regolith is variable with
						significant transported cover over the western portion of the project.
								The Pelican-Flamingo prospect is positioned on the northern limb of the
								Melita Syncline. Mineralisation comprises quartz veining and sericite-
								pyrite alteration in a quartz-feldspar porphyry.
		A summary of all information material to	All relevant and known historical drill hole information has previously been
		the understanding of the exploration	reported through open file reporting by previous explorers.
		results	including	a tabulation of	the	Appropriate tabulations for drill results have been included in this release
		following information for all Material drill
		as Table 1.
		holes:
		o	easting and northing of the drill
		o		hole collar
Drill hole		elevation or RL (Reduced Level
Information			- elevation above sea level in
		metres) of the drill hole collar
		o dip and azimuth of the hole
		o		down	hole	length	and
		o		interception depth
			hole length.
		If the exclusion of this information is	Drill hole locations have been shown in the figures associated with this
		justified on the basis that the information	report.
		is not Material and this exclusion does
		not detract from the understanding of the

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		report, the Competent Person should
		clearly explain why this is the case.
		In	reporting	Exploration	Results,	No cut-off has been applied to any sampling results. All intervals have
		weighting		averaging	techniques,	been reported as historically depicted and length weighted.
		maximum	and/or	minimum	grade
		truncations (eg cutting of high grades)
		and cut-off grades are usually Material
		and should be stated
Data	Where aggregate intercepts incorporate	No cut-off has been applied to any sampling results.
short lengths of high grade results and
aggregation
longer lengths of low grade results, the
methods
procedure used for such aggregation
		should be stated and some typical
		examples of such aggregations should
		be shown in detail.
		The assumptions used for any reporting	No metal equivalent values have been reported. All intervals are down
		of metal equivalent values should be	hole with a minimum width of one metre and are not true widths. True
		clearly stated.						widths are unknown.
		These relationships	are		particularly	Only down hole lengths are reported. True widths are not known at this
		important in the reporting of Exploration	time.
Relationship	Results.
If the geometry of the mineralisation with
between
respect to the drill hole angle is known,
mineralisation
its nature should be reported.
widths and
intercept	If it is not known and only the down hole
lengths	lengths are reported, there should be a
		clear statement to this effect (eg 'down
		hole length, true width not known').
		Appropriate maps and sections (with	Appropriate plans are included in this release.
		scales) and tabulations of intercepts
Diagrams	should be included for any significant
discovery being reported These should
		include, but not be limited to a plan view
		of drill hole collar locations and
		appropriate sectional views.
		Where comprehensive reporting of all	The complete database of historical drilling data is currently not
Balanced	Exploration Results is not practicable,	available This data is systematically being compiled and converted
representative reporting of both low and	although the drilling coverage is restrictive in area and of limited
reporting	high grades and/or widths should be	effectiveness. As such, this historical drilling is deemed immaterial and
		practiced to avoid misleading reporting of	not price sensitive to this announcement.
		Exploration Results.
		Other exploration data, if meaningful and	No new meaningful drill data is reported in this release. All drill data is
		material, should be reported including	historical in nature and available in open file WAMEX reports.
Other	(but	not	limited	to):		geological	All material results from geochemical and geophysical surveys and drilling
observations;	geophysical	survey
related to these prospects has been reported or disclosed previously via
substantive	results; geochemical survey results; bulk
open file reporting by previous explorers.
exploration	samples - size and method of treatment;
data	metallurgical test results; bulk density,
		groundwater,	geotechnical		and	rock
		characteristics; potential deleterious or
		contaminating substances.
		The nature and scale of planned further	Work will include first pass testing of a number of the targets highlighted
		work (eg tests for lateral extensions or	in this report.
		depth extensions or large-scalestep-out
		drilling).
Further work
Diagrams clearly highlighting the areas of	Appropriate plans are included in this release.
		possible extensions, including the main
		geological	interpretations	and	future
		drilling areas, provided this information is
		not commercially sensitive.

ASX Release: Genesis Expands Strategic Footprint at Leonora with Farm-In Deal Over Desdemona South.

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