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Genesis Resources Limited ( (AU:GES) ) has shared an announcement.
Genesis Resources Limited has made significant progress in its mining activities, particularly at the Plavica project in North Macedonia, where it has now acquired full ownership of the joint venture previously held with Sileks. This acquisition, done in exchange for a future mineral royalty, positions Genesis as the sole owner, enhancing its strategic control over the project. Additionally, the company is advancing its exploration efforts in the Northern Territory of Australia, preparing for further drilling at its Alice Springs and Arltunga tenements, while also renewing several Australian tenements. These developments are poised to strengthen Genesis’s operational capabilities and industry positioning, potentially offering new opportunities for stakeholders.
More about Genesis Resources Limited
Genesis Resources Limited operates in the mining industry, focusing on exploration and development of gold, copper, and silver projects. The company is engaged in various projects across Australia and North Macedonia, with a key focus on its Plavica High Sulphidation Epithermal Gold-Copper-Silver Project in North Macedonia.
Current Market Cap: A$3.13M
See more data about GES stock on TipRanks’ Stock Analysis page.
