ARC Funds Limited (ARC)

Overview

Genesis Resources Limited is a multifaceted mining and exploration company established in 2005, with a strong presence in Australia and Macedonia. The company is deeply involved in the exploration and evaluation of mineral properties, focusing on a wide array of minerals such as copper, iron, gold, manganese, silver, and other base metals. Genesis Resources Limited holds exploration licenses covering an expansive area of approximately 854.9 square kilometers across Queensland and the Northern Territory of Australia. In addition, it has a significant stake in the Plavica project in Macedonia, underscoring its international reach and diversified portfolio. The company's commitment to discovering and developing mineral resources is geared towards contributing to the global metal supply chain while adhering to sustainable and responsible mining practices.

Products and Services

• Arltunga Gold Project

  This project spans approximately 95.2 square kilometers near the historical Arltunga Goldfield. Genesis Resources owns a 100% interest in this venture, focusing on gold exploration with the aim of uncovering significant gold deposits. The strategic location and historical context of the area provide a promising prospect for the discovery and development of new gold resources.

• Alice Springs Project

  Covering an area of 372.59 square kilometers in the Northern Territory, this project demonstrates Genesis Resources' commitment to exploring the vast mineral potential of Australia. Although the specifics of the minerals targeted here are not detailed, the scope of the project and its size indicate a broad-spectrum exploration strategy, encompassing various base metals and perhaps precious metals as well.

• Pioneer Project

  With an area of 6.23 square kilometers located in Queensland, the Pioneer Project is one of the smaller initiatives by Genesis Resources. Despite its size, the project plays a crucial role in the company’s portfolio, focusing on the exploration of specialized mineral deposits to augment its overall resource base.

• Mcarthur River Project

  This project covers a significant area of 380.88 square kilometers, also located in Queensland. Its focus is on exploring and evaluating the potential for base and precious metals. The Mcarthur River Project underscores Genesis Resources' extensive interest and investment in Queensland's mineral potential, aiming to discover and develop valuable resources.

• Plavica Project

  Holding a 62% interest in this project, which spans an area of 16.85 square kilometers located in the Kratovo district of Macedonia, Genesis Resources marks its international footprint in mineral exploration. The Plavica Project is particularly significant for its exploration focus on a different geographical and geological setting, aiming at uncovering base and precious metals in the northeastern region of Macedonia.