Genesis acquired the Admiral deposits in 2020 (along with Orient Well and Puzzle) via the strategic $13.5M acquisition of the adjoining Kookynie tenements, with the tenement package covering a 40km strike length of the Ulysses-Puzzle trend.
The Admiral open pit is located ~40km trucking distance from the Leonora mill and is the maiden assignment for Genesis Mining Services (GMS, Genesis’ in-house open pit mining arm).
The open pit has been fast-tracked and right sized to fill the 1.4Mtpa Leonora mill over the next two years, when combined with high grade ore from the Gwalia underground mine. Approximately 1.5Mt of ore is scheduled from Admiral over this period.
The operation delivered first ore in FY24.
