Laverton

The Laverton Project covers several Archaean greenstone belts north-northeast of Kalgoorlie which host a range of orogenic lode gold deposits, typical of the Western Australian Yilgarn Eastern Goldfields.

The Laverton district is one of the best endowed gold regions in Australia, including a number of major deposits, such as Gold Fields’ Granny Smith and AngloGold Ashanti’s Sunrise Dam. Elemental’s royalty covers multiple deposits that are significant to the wider Laverton project, including: Beasley Creek and Beasley Creek South, the Chatterbox Trend, the Gladiator Trend, the Lancefield-Wedge Trend, the historic Underground Lancefield Gold Mine, the Karridale-Burtville Project, the Euro Trend, the Cragiemore-Mary Mac Trend, the West Laverton-Bulldog Trend, and the Barnicoat Project.

Genesis notes the clear potential for Laverton to supply open pit and underground ore to Genesis’ operating 3Mtpa Laverton Mill approximately 30km away. The new operator is also investigating the possible inclusion of refractory gold deposits, and these studies could potentially include restarting the Lancefield underground mine, with an Inferred Resource of 790,000 ounces at 6.3 g/t Au, under Elemental’s royalty coverage area, which could be used to supplement future mill feed.

Elemental holds a 4% GRR over 67km2 of the project, and a further 2% GRR over an additional 240km2. Elemental’s 4% GRR royalty can be increased by an additional 0.5% GRR if the grade of saleable gold produced in any financial year exceeds 5 g/t Au.*

Genesis Minerals ASX Release titled “Genesis eyes further growth in production and cashflow with the acquisition of Laverton Gold Project,” dated May 25, 2025

Focus Minerals Limited Annual Report for the year ended December 31, 2024

Nearby mines and deposits provide context for the project, but do not necessarily indicate similar size, styles or grade of mineralization within the project.