Genesis Resources Limited (AU:GES) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Genesis Resources Limited has announced the full acquisition of Silgen, which owns the Plavica Au-Cu-Ag project in North Macedonia, now holding 100% ownership after buying out their JV partner Sileks’ 38% share. The company is also gearing up for additional drilling at their Northern Territory sites in Australia, following promising results in the previous year. This strategic move consolidates Genesis’ asset base and paves the way for future exploration and development activities.
For further insights into AU:GES stock, check out TipRanks’ Stock Analysis page.