Genesis Resources
www.genesisresourcesltd.com.au/Profil
Genesis Resources Ltd (ASX: GES) is an exploration company committed to the creation of shareholder value through successful mineral exploration and development. Genesis aims to discover economic mineral reserves through cost efficient exploration and joint ventures with reputable partners with the ultimate goal of discovering and developing mineral reserves and becoming an established mining company.
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Unternehmensstrategie und – daten:
Genesis is an exploration company committed to the creation of shareholder value through successful mineral exploration and development.
Genesis aims to discover economic mineral reserves through cost efficient exploration and joint ventures with reputable partners with the ultimate goal of discovering and developing mineral reserves and becoming an established mining company.
"Genesis" initial focus is on exploring for manganese resources at its Gladstone, McArthur River and the iron ore resources at the Fenn Gap project in Australia and copper-gold mineralisation at Plavica in Macedonia.
Aktuelle Tätigkeiten:
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.
Management
Eddie Lung Yiu Pang BSc (Hons)
Non-Executive Chairman Mr Pang holds a Bachelor of Science in Chemistry. Mr Pang owns a successful trading business based in Shanghai which supplies the Chinese market with Australian wool and wine, Chilean iron ores, cathode copper and timber; marketing and exportation of Chinese building materials to Vietnam and United Arab of Emirates; and Chinese chemicals including antibiotic precursors to the pharmaceutical facilities in Canada and United Arab of Emirates. Mr Pang is also involved in a joint venture in food flavours manufacturing facility in Wisconsin, USA and has an established distribution network of food flavours and additives in China, supplying the major dairy processors and beverages producers.
Mr Pang has private business interests in Australia, including Tattersall's gaming venue in Victoria, vineyard and timber plantation investments.
Mr Pang's extensive network of business associates in several large corporations in China (both national and private) and the Middle East will be an invaluable asset for Genesis in its future capital raising and product marketing.
Pedro Kastellorizos BSc
Managing Director Mr Kastellorizos has a Bachelor of Science in Geology and has over 12 years exploration experience specialising in the Northern Territory.
Prior to founding Genesis, Mr Kastellorizos was Technical Director for both Batavia Mining Ltd (ASX-listed) and Regency Mines plc (AIM listed company). Before joining Batavia, Mr Kastellorizos was Exploration Manager for Tennant Creek Gold Ltd, an ASX-listed company focused on gold, base metals and tungsten/molybdenum exploration in the Northern Territory. Mr Kastellorizos gained significant exploration experience in the Northern Territory with Burnside Operations Pty Ltd (senior exploration geologist and underground geologist), Northern Gold NL, the Northern Territory Geological Survey and Afmeco Mining & Exploration Pty Ltd (uranium exploration in Arnhemland).
Dr A. Kerim Sener MSc, PhD
Non-Executive Technical Director Dr Sener has a first-class Bachelor of Science with Honours degree in Geology, a Master of Science in Mineral Exploration and a PhD in Geology. Dr Sener is a fellow of the Geological Society of London, member of the Institute of Materials, Minerals and Mining and a member of the Society of Economic Geologists.
Dr Sener has 10 years of exploration experience, having worked for Independence Gold Mining Pvt. Ltd. (a subsidiary of LSE-listed Lonmin plc) in Zimbabwe and ASX-listed Northern Gold NL in the Northern Territory. While undertaking his PhD, he completed a number of consulting projects for clients in Western Australia, including the exploration for manganese mineralisation with Consolidated Minerals Limited. Dr Sener is currently Managing Director of Ariana Resources plc, an AIM-listed exploration company focused on precious metals in Turkey.
Deric Wee BSc
Mr. Wee holds a Bachelor of Development Science majoring in Economics and Management from National University of Malaysia. Mr. Wee has been involved in the financial services industry since 1989 in his professional roles as stockbroker and investment banker with well established financial services companies that are part of financial and banking conglomerates in Malaysia. This included Maybank Group, the largest banking and financial services group in the country and RHB Banking Group. Prior to this he was in employment with financial institution as Head of Branch Credit in- charge of business and consumer loans and also managed his own businesses where he honed his management skills.
Throughout his career in employment followed by professional career, Mr. Wee had acquired extensive experience and competence in key areas including sales, marketing, share and stock trading and coordinated a number of corporate exercises such as initial public offerings, mergers and acquisitions, restructurings, placements and advisory services relating to securities listed on Bursa Malaysia and ASX.
Presently, Mr. Wee is exploring new frontiers for new business and investment opportunities in resource rich emerging economies such as Cambodia, Laos, Indonesia and Thailand to identify new business ventures and opportunities. This has been one of his core areas of expertise over the last decade of his career and we firmly believe that with his vast experience, knowledge and skills set in the financial services industry, Mr. Wee will be able contribute positively and be an asset to Genesis Resources Ltd in achieving its business and growth objectives.
Hauptaktionäre
No info available.
Kontakt
Head Office:
Suite 8, 52 Marina Boulevard
Cullen Bay DARWIN Northern Territory 0820
Email:
[email protected]
Phone (08) 8981 8106
Fax: (08) 8981 9127
ASX Code : GES
Unternehmensinformationen
No info available.
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