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Genesis Resources Advances Plavica Project and Environmental Studies

8:05pm on Friday 15th of May, 2026 AEST Mining
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Genesis Resources Advances Plavica Project and Environmental Studies

8:05pm on Friday 15th of May, 2026 AEST
Key Points
  • Plavica project environmental studies near completion for mining approval
  • Genesis holds 100% ownership of Plavica with 4% royalty to former JV partner
  • Australian exploration delayed by wet season, drilling planned for June quarter
  • Operating cash outflow of A$401,000 with cash reserves at A$141,000
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