GMD 1.16% $2.13 genesis minerals limited

Ann: KIN:Kin Receives $53.5m from Sale of Gold Deposits to Gen, page-2

  1. 870 Posts.
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    Raeside deposits are right next to Leonora and were always going to be processed there, if at all. Hypersaline water in the old pits, but the highest grade Kin resource was there.

    The Cardinia western corridor deposits are ready to mine and I am guessing will be the key to getting Mt. Morgans running sooner rather than later, with a mix of Cardinia and Jupiter ore. Cardinia is about 40 to 50 k down the Laverton Road from Mt. Morgans.

    My take is this was the key to GMD becoming a two mill operation sooner rather than later.
 
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