• FY26 exploration budget continues to deliver outstanding results at Laverton
• Multiple thick, high-grade intersections at several sources
• Studies to expand processing plant to 4.5-5Mtpa are on track for September 2026
• Exploration success at Leonora drives organic growth
• FY27 exploration budget increased to A$80-90m

Genesis Minerals Limited reports compelling drilling results at its Laverton operations, reinforcing the potential for strong organic growth. The company's FY26 exploration budget of A$40-50m has delivered multiple thick, high-grade intersections at several deposits, including Beasley Creek, Jupiter, and Bruno Lewis. These results underscore the potential to leverage existing infrastructure due to their proximity to the existing 3Mtpa Laverton processing plant. Studies to expand the processing plant capacity to 4.5-5Mtpa are on track for completion ahead of the Strategy Update planned for September 2026. Additionally, the recent exploration success at Leonora is set to drive further organic growth. Genesis' commitment to organic growth has resulted in a significant increase in the FY27 exploration budget to A$80-90m, reflecting recent portfolio-wide drilling success, outstanding operating cash generation, and the completion of the 'bolt-on' acquisition of the high-grade Magnetic Resources.

FY27 exploration budget increased to A$80-90m

Genesis Minerals expects to continue leveraging existing infrastructure and exploration success to drive organic growth, with a focus on expanding processing capacity at Laverton and further exploration at Leonora.