Genesis Resources Ltd – Australia
Head Office: Suite 4, Level 7, 350 Collins Street,
MELBOURNE, VIC, AUSTRALIA, 3000
Phone: +61 3 9602 4436     Fax: +61 3 9602 4856
 
 
 

Gold Chart

Most Recent Quotes from www.kitco.com
 

DOWNLOAD GENESIS PROSPECTUS

DOWNLOAD GENESIS PRESENTATIONS

Our Projects

Genesis owns seven exploration licences ("Exploration Licence" or "Project") covering 1,111 km2 in Queensland and the Northern Territory of Australia and a joint venture agreement giving the Company the right to earn the majority position in a granted Exploitation lease over a highly prospective gold and copper projects in Macedonia. 

Highlights

  • The Plavica Joint Venture Agreement in the Republic of Macedonia consists of a recently granted 30 year Exploitation Licence owned by Silgen Resources, a Macedonian incorporated Company 62% owned by Genesis Resources and 38% by its local Macedonian Partner. Rik Sileks AD. Drilling at Plavica in 2013 returned multiple oxide gold intercepts including 59m @ 3.9 g/t Au and numerous primary Cu-Au intercepts including 54m @ 3.51 g/t Au and 2.79 % Cu. Drilling is ongoing in 2015 to define an indicated JORC Resource and start pre-feasibility studies.

  • Gladstone hosts a series of manganese deposits over a strike length of 21.5 kilometres close to a major port and includes the strategically located historic manganese mine at Mount Millar that averaged 44% to 47% Mn.  A small reconnaissance rock chip sampling over Mt Millar has yield high grade geochemical surface manganese assays in the order 58.7%, 60.5% and 61.1%.

  • Geological mapping over Fenn Gap has delineated over 9.9 kilometres of outcropping goethite (iron) mineralisation (between 43% and 48% Fe) with moderate to high grade (33.2% Mn - 52.6 MnO2) manganese assays obtained from the Table Prospect area. A number of gravity anomalies remain untested by drilling.

  • High grade manganese mineralisation (rock chip sampling has delineated manganese averaging 41% to 52% Mn) outcrops identified at McArthur River similar in form and grade to the deposits at Groote Eylandt, Northern Territory (Groote Eylandt Mining (GEMCO) Operations).

  • The Arltunga Gold Exploration Licence in the NT, Australia consists of a number of high grade gold veins. Rock chip samples returned up to 2.8 oz / tonne (88 g/t) Au

  • The Alice Springs Licence in the NT, Australia has rock chip samples with up to 40% Cu, 2.8 ppm Au and 68% Fe and a number of Airborne EM anomalies that remain untested by drilling.