Tower Hill is a bulk, shallow high-grade open pit opportunity located 2km north of the Gwalia mine. Intermittent mining has been conducted at Tower Hill since 1898. Most recent operations ceased in 2003 with historical production totalling approximately 220,000 ounces.
Genesis has assembled a project team to advance the project. The goal is recommence sustainable production from a Resource base that currently exceeds 1 million ounces with further growth anticipated. Genesis has made significant early progress in priority areas including:
- Engagement with local stakeholders
- Commencement of in-fill and extensional drilling program in December 2023
- Design and installation work for the dewatering pipework and pump configuration is out to tender
- Updating the Reserves with lower costs using the 2.9Mtpa Laverton mill and GMS unique in-house open pit mining
- Feasibility Study for regulatory approvals
