• Annual production guidance met for third year in a row
• Quarterly gold production of 70,767oz generated underlying cash and equivalents build of ~A$258m
• Tower Hill mining commenced

Genesis Minerals Ltd reported a successful quarter with gold production of 70,767oz in June, bringing the total FY26 production to 285,400oz. The company met its annual production guidance for the third consecutive year and successfully transitioned its Leonora underground mining services contract to Byrnecut. The company also saw a record quarter at Jupiter open pit, supplying 100% Genesis ore to the Laverton mill. Cash generation was strong, with underlying cash and equivalents build of ~A$258m before investments in growth and exploration. Tower Hill development is running ahead of schedule, with open pit mining commenced and long lead items for the new mill ordered. The acquisition of Magnetic Resources is complete, funded via cash and debt. The company plans to release its long-term growth strategy in September 2026.

FY26 production: 260-290koz, AISC: A$2,500-2,700/oz

FY27 exploration budget: A$80-90m, Tower Hill development ahead of schedule, Magnetic acquisition drilling underway