Our Projects

Genesis owns seven exploration licences ("Exploration Licence" or "Project") covering more than 1,877 km² in Queensland and the Northern Territory of Australia and a joint venture agreement giving the Company the right to earn the majority position in two highly prospective gold and copper projects in Macedonia. 

Highlights

• Gladstone hosts a series of manganese deposits over a strike length of 21.5 kilometres close to a major port and includes the strategically located historic manganese mine at Mount Millar that averaged 44% to 47% Mn.  A small reconnaissance rock chip sampling over Mt Millar has yield high grade geochemical surface manganese assays in the order 58.7%, 60.5% and 61.1%.

• Geological mapping has confirmed the extent of the mineralisation in the vicinity of the historic Mount Miller minesite, and further identified manganiferous lithologies along strike to the north of the mine.

• A detailed geophysical IP (induced polarization) survey completed over the minesite environs recorded a unique response over the known mineralisation.   Responses of similar tenor were noted on IP survey lines 100 metres north and 200 metres south of the Mount Miller mine.   The response on the northern line coincides with the mapped position of the manganiferous outcrop noted in mapping.

• The Mount Miller mine, the manganiferous outcrop and coincident IP anomalies represent the first round of priority drill targets towards defining a manganese resource.  Six diamond drill holes are scheduled between January and February 2009 with all approvals granted by the Queensland Mines and Energy.

• Geological mapping over Fenn Gap has delineated over 9.9 kilometres of outcropping goethite (iron) mineralisation (between 43% and 48% Fe) with moderate to high grade (33.2% Mn - 52.6 MnO₂) manganese assays obtained from the Table Prospect area.

• Ground gravity survey has delineated 6 drill targets with the source bodies having widths of 30-40m, 100m depth extents and similar strike extents to the mapped mineralisation provided a good correlation to the gravity anomaly. All model bodies had dips 70° to the south and are located to the north of the gravity anomaly, which suggests that the gravity response is due to a down dip component rather than the surface mineralisation.

• High grade manganese mineralisation (recent rock chip sampling has delineated manganese averaging 41% to 52% Mn) outcrops identified at McArthur River similar in form and grade to the deposits at Groote Eylandt, Northern Territory (Groote Eylandt Mining (GEMCO) Operations).

• The McArthur River Project also hosts extensive electro-magnetic drill targets which are believe to host manganese mineralisation based on high grade manganese assay overlying electro-magnetic anomalies.