Genesis Resources Ltd. Stock Analysis GES.AX

Genesis Resources Ltd. engages in the business of exploring and evaluating gold, manganese, and base metals. The company is headquartered in Melbourne, Victoria. The company went IPO on 2009-10-27. The company has a portfolio of gold, iron, manganese, uranium and base metal (copper-zinc-silver) in the highly prospective Proterozoic and Phanerozoic metallogenic provinces of northern and central Australia. Its projects include Alice Springs Copper-Iron, McArthur River Manganese, Plavica Project, Arltunga Gold Project and Pioneer Gold Project. The Alice Springs Project is located over 155 kilometers (km) northeast of Alice Springs in the Northern Territory and comprises one granted exploration licence (EL 24817) which covers a total area of over 372.59 square kilometers (km2). The McArthur River project is located over 850 km southeast of Darwin in the Northern Territory. The project comprises one granted exploration licence (EL 24814), which covers an area of 380.88 km2. The Plavica Project is in the Kratovo District in the northeast of Macedonia and is situated over 65 km to the east of the Macedonian capital Skopje.