Tower Hill is a significant open-pit mining prospect with abundant, near-surface, high-grade ore.
The company expects to finalise agreements with rail users regarding the shortening of the rail line for stage two by the end of this calendar year. Tower Hill, located just 2 km north of Genesis’ Gwalia mine, is a significant open-pit mining prospect with abundant, near-surface, high-grade ore. The site has a long history, with sporadic mining activity since 1898. The most recent operations concluded in 2003, during which approximately 220,000 ounces of gold were produced.
The Leonora processing plant, situated only 1 km from Tower Hill, is currently undergoing an expansion study. Genesis plans to release more details on Tower Hill in its updated long-term plan scheduled for the June half of 2026. The current mine plan includes a single open pit with a one-million-ounce ore reserve at an average grade of two grams per tonne. The pit will have a strike length of 1.4 km and a 9:1 strip ratio. Additionally, the company is advancing an underground transition study to explore future mining options.
Raleigh Finlayson, Managing Director of Genesis, stated: “The Stage One approval is an important piece of our accelerated ASPIRE 400 growth jigsaw. It ensures we have the flexibility to align the start of mining at Tower Hill with the mill expansion strategy, enabling us to optimise the timing of costs and revenues. When combined with the recently acquired Focus assets at Laverton, we have a pipeline of organic growth opportunities which in turn give us very valuable processing flexibility.”
The approval is expected to strengthen Genesis’ operational planning, allowing the company to synchronise mining activities with processing capabilities, while optimising logistics and costs. The strategic location of Tower Hill, near the Leonora plant and existing infrastructure, supports efficient ore transport and processing.
Genesis’ ASPIRE 400 growth program emphasizes expanding production capacity and leveraging nearby assets to maximise operational efficiency. The company’s approach combines Stage 1 approvals, infrastructure alignment, and future underground potential to ensure sustained growth and flexibility in gold production.
With the Stage 1 approval, Genesis is positioned to move forward confidently with Tower Hill, integrating the project into its broader growth strategy and enhancing the long-term potential of its Western Australian portfolio.
