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Why Genesis Is Doubling Its Exploration Budget After Strong Gold Drilling Hits

8:33am on Monday 1st of September, 2025 AEST Mining
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Why Genesis Is Doubling Its Exploration Budget After Strong Gold Drilling Hits

8:33am on Monday 1st of September, 2025 AEST
Key Points
  • Exploration budget increased from A$19m to A$40-50m for FY26
  • Strong drilling results at Jupiter, Beasley Creek, Gwalia, and Admiral mines
  • Acquisition of Focus Minerals’ Laverton project for A$250m adds 4Moz resources
  • Drilling supports potential plant expansions and mine life extensions
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