Genesis encouraged despite demoted resource

FINANCIAL modelling on Genesis Resources’ Plavica gold property in Macedonia suggested a net present value of $A280 million after tax and resulted in recategorisation of the site’s mineral resource as an exploration target.

Genesis encouraged despite demoted resource Genesis encouraged despite demoted resource Genesis encouraged despite demoted resource Genesis encouraged despite demoted resource Genesis encouraged despite demoted resource

Modelling work done on the project by Golder Associates resulted in 150 million tonnes of resource grading 0.

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