Dacian Gold Limited (Dacian) is the 100% owner of the Mt Morgans Gold Operations (Mt Morgans) and the Redcliffe Project (Redcliffe).

As at the date of this announcement, Genesis owns approximately 77% of the shares in Dacian Gold Limited (Dacian) and accordingly controls Dacian.

Genesis herein provides its Mineral Resource and Ore Reserve estimates for Mt Morgans and Redcliffe as at 30 June 2022. All information relating to production targets, Mineral Resources and Ore Reserves of Dacian (and its controlled entities) in this announcement is presented on a 100% consolidated basis without adjustment for shares held by Genesis in Dacian.

DCN Ore Reserve estimate inclusive of stockpile depletion of 1.03Mt @ 0.6g/t for 21,000oz as at 30 Nov 2022. For further information, refer to Appendix 2 for the explanation of the details of the Ore Reserve estimates in accordance with ASX Listing Rule 5.9 and Appendix 3 for all Table 1 details

This announcement is approved for release by the Board of Directors, Genesis Minerals Limited.

Contact:

Troy Irvin

Chief Corporate Development Officer

Genesis Minerals Limited

T: +61 8 6323 9050

E: investorrelations@genesisminerals.com.au

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