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Genesis Resources Limited ( (AU:GES) ) just unveiled an update.
Genesis Resources reported ongoing work at its Plavica gold-copper-silver project in North Macedonia, where it is completing environmental studies required for a mining approval application. The company, now the sole owner of project vehicle Silgen after acquiring its former joint venture partner’s stake in 2024, continued baseline environmental monitoring and a tree-planting program with local institutions during the quarter.
The mining project has already passed assessment by North Macedonia’s Ministry of Economy audit committee, leaving completion of environmental reporting as the final step before a formal mining approval can be sought. In Australia, prolonged wet-season conditions halted fieldwork on Genesis’ northern and central tenements, with activities deferred to the June quarter, potentially delaying exploration timelines but not altering the company’s strategic focus on advancing Plavica toward development.
More about Genesis Resources Limited
Genesis Resources Limited is a mineral exploration and development company focused on gold, copper and silver projects. Its flagship asset is the Plavica high-sulphidation epithermal gold-copper-silver project in the Republic of North Macedonia, complemented by exploration tenements in northern and central Australia.
Average Trading Volume: 200,398
Technical Sentiment Signal: Sell
Current Market Cap: A$6.26M
Find detailed analytics on GES stock on TipRanks’ Stock Analysis page.