Genesis receives approval for Tower Hill stage one project in Western Australia

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development in fiscal year 2027 (FY27) and the extraction of first ore in FY28.Genesis anticipates that agreements with rail users regarding the shortening of the rail line for stage two will be finalised by the end of this calendar year.Tower Hill is a significant open-pit mining prospect with abundant, near-surface, high-grade ore, situated just 2km north of the company’s Gwalia mine.The site has seen sporadic mining activity since 1898. The most recent mining efforts at Tower Hill concluded in 2003, with the site having produced around 220,000oz during its historical operations.The Leonora processing plant is located just 1km away from the project and is currently undergoing an expansion study.Genesis plans to provide more details on the Tower Hill project in its updated long-term plan, set for release in the June half of 2026.The mine plan for Tower Hill includes a single open pit with a one-million-ounce ore reserve at two grams per tonne, a strike length of 1.4km and a 9:1 strip ratio. Additionally, Genesis is advancing an underground transition study.Genesis managing director Raleigh Finlayson said: “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.”"Genesis receives approval for Tower Hill stage one project in Western Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. 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