GENESIS RESOURCES LIMITED — Interim / Quarterly Report 2011

Jan 30, 2011

Rule 53

┑

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Genesis Resources Limited

ABN

22 114 787 469

Quarter ended ("current quarter") 31 December 2010

Consolidated statement of cash flows

Cash flows related to operating activities		Current quarter \$A'ooo	Year to date $\binom{6}{1}$ months) \$A'ooo
1.1	Receipts from product sales and related debtors	$\overline{\phantom{a}}$
1.2	Payments for (a) exploration & evaluation (b) development (c) production (d) administration	(146) (281)	(411) (510)
1.3	Dividends received
1.4	Interest and other items of a similar nature received	22	45
1.5	Interest and other costs of finance paid
1.6	Income taxes paid
1.7	Other (provide details if material)		49
		(405)	(827)
	Net Operating Cash Flows
1.8	Cash flows related to investing activities Payment for purchases of:
	(a) prospects
1.9	(b) equity investments (c) other fixed assets Proceeds from sale of:
	(a) prospects
	(b) equity investments		155
	(c) other fixed assets
1.10	Loans to other entities
1.11	Loans repaid by other entities
1.12	Other (provide details if material)
	Net investing cash flows
1.13	Total operating and investing cash flows (carried forward)	(405)	(672)

• See chapter 19 for defined terms.

1.13	Total operating and investing cash flows (brought forward)	(405)	(672)
1.14 1.15 1,16	Cash flows related to financing activities Proceeds from issues of shares, options, etc. Proceeds from sale of forfeited shares Proceeds from borrowings
1.17	Repayment of borrowings
1.18	Dividends paid
1.10	Other (provide details if material)
	Net financing cash flows
	Net increase (decrease) in cash held	(405)	(672)
1.20	Cash at beginning of quarter/year to date	2,078	2,345
1,21	Exchange rate adjustments to item 1.20
1.22	Cash at end of quarter	1,673	1,673

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

		Current quarter \$A'ooo
1.23	Aggregate amount of payments to the parties included in item 1.2	25
1,24	Aggregate amount of loans to the parties included in item 1.10

Explanation necessary for an understanding of the transactions 1.25

None

Non-cash financing and investing activities

Details of financing and investing transactions which have had a material effect on $2,1$ consolidated assets and liabilities but did not involve cash flows

None

Details of outlays made by other entities to establish or increase their share in projects in $2,2$ which the reporting entity has an interest

None

⁺ See chapter 19 for defined terms.

Financing facilities available

Add notes as necessary for an understanding of the position.

		' Amount available sA'ooo	Amount used \$A'ooo
7.1	Loan facilities
7.2	Credit standby arrangements	$\overline{\phantom{a}}$

Estimated cash outflows for next quarter

		\$A'ooo
4.1	Exploration and evaluation	200
4.2	Development
4.3	Production
4.4	Administration	150
	Total	350

Reconciliation of cash

follows.	Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as	Current quarter $A'$ 000	Previous quarter $SA'$ 000
5,1	Cash on hand and at bank	1,673	2,078
5.2	Deposits at call
5.3	Bank overdraft
5.4	Other (Term Deposit)	77
	Total: cash at end of quarter (item 1.22)	1,750	2,078

Changes in interests in mining tenements

		Tenement reference	Nature of interest (note (2))	Interest at beginning of quarter	Interest at end of quarter
6.1	Interests in mining tenements relinquished, reduced or lapsed

⁺ See chapter 19 for defined terms.

6.2	Interests in mining tenements acquired or increased	$\sim$	-

⁺ See chapter 19 for defined terms.

		Description includes rate of interest and any redemption or conversion rights together with prices and dates.
		Total number	Number	Issue price per	Amount paid up
			quoted	security (see	per security (see
				note 3) (cents)	$note$ 3) (cents)
7.1	Preference	Nil
	*securities
	(description)
7.2	Changes during
	quarter
	(a) Increases
	through issues
	(b) Decreases
	through returns
	of capital, buy-
	backs,
	redemptions
73	+Ordinary	53,080,752	53,080,752
	securities
7.4	Changes during
	quarter
	(a) Increases
	through issues
	(b) Decreases
	through returns
	of capital, buy-
	backs
7.5	+ Convertible	Nil
	debt
	securities
	(description)
7.6	Changes during
	quarter
	(a) Increases through issues
	(b) Decreases
	through
	securities
	matured,
	converted
7.7	Options	500,000 options to	500,000	Exercise price	Expiry date
	(description and	ordinary shares		0.2	27/10/2012
	conversion	purchase(conversion
	factor)	factor $1:1$ )
7.8	Issued during	u,	$\overline{\phantom{0}}$	$\overline{a}$	$\overline{\phantom{a}}$
	quarter Exercised	$\overline{\phantom{a}}$
7.9	during quarter		-
	Expired during
7.10	quarter
	Debentures	Nil
7.11	(totals only)

Issued and quoted securities at end of current quarter
Description includes rate of interest and any redemption or conversion rights together with prices and dates.

⁺ See chapter 19 for defined terms.

Appendix $5B$ Mining exploration entity quarterly report

7.12	Unsecured notes (totals

Compliance statement

• This statement has been prepared under accounting policies which comply $\mathbf 1$ with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).
• This statement does /does-not* (delete one) give a true and fair view of the $\overline{a}$ matters disclosed.

(Director/Company secretary)

Date: ..31 Jan 2011....

Print name: ........Eddie Lung Yiu Pang.....

Notes

Sign here:

• The quarterly report provides a basis for informing the market how the entity's $\mathbf{1}$ activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
• The "Nature of interest" (items 6.1 and 6.2) includes options in respect of $\overline{2}$ interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.
• Issued and quoted securities The issue price and amount paid up is not $\overline{\mathbf{3}}$ required in items 7.1 and 7.3 for fully paid securities.
• The definitions in, and provisions of, AASB 1022: Accounting for Extractive $\overline{4}$ Industries and AASB 1026: Statement of Cash Flows apply to this report.
• Accounting Standards ASX will accept, for example, the use of International 5 Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

$=$ $=$ $=$ $=$ $=$ $=$ $=$

⁺ See chapter 19 for defined terms.

GENESIS RESOURCES LIMITED + Level 9 - 468 St Kilda Road - Melbourne - VIC 3004 Australia Phone +613 9988 5888 · Facsimile +613 9867 4180 · www.genesisresourcesltd.com.au · ABN 22 114 787 469

Quarterly Activities Report - December 2010

HIGHLIGHTS

Plavica Au-Ag-Cu Project

• JORC Inferred Resource of >57Mt containing 1.65M oz Au, 28.2M oz Ag and 32.6M lbs Cu
• Specific historic drill core has been geologically logged and bulk sampled for metallurgical testwork and to better constrain the geological model
• Recovery of gold from direct leaching of oxide material over 14 days reached 95.4% and 97.9% on -12.5mm and -3.35mm fractions respectively
• Sulphide material can be upgraded by froth flotation followed by leaching of flotation tailings, $\bullet$ providing overall recovery of 83.5% gold and 97.1% copper
• Drilling programme scheduled to commence in Q1 2011

Gladstone-Mount Millar Mn Project

• Mining lease application in progress
• Helicopter VTEM electromagnetic survey undertaken

Alice Springs Cu-Au-Fe Project

• Final report received for airborne electromagnetic (EM) and magnetic survey data over Camp Hill and Magnetite Hill
• A number of EM targets defined as prospective for copper mineralisation
• o 21 targets at Camp Hill
• o 12 targets at Magnetite Hill
• 5 magnetic targets also defined for follow-up

McArthur River Mn Project

• Airborne VTEM electromagnetic survey data have outlined conductors and structures that are thought to control high grade manganese
• Negotiating a potential JV to undertake detailed exploration over manganese targets

Arltunga Au-Cu-Fe Project

Gradient Array Induced Polarisation surveys delineated coincident resistivity and chargeability responses associated with known historical gold workings

Figure 1: Location of Genesis Resources Limited's Australian projects

Information in this report that relates to exploration activity and results was compiled by Dr A John Parker who is a Member of the Australasian Institute of Geoscientists and by Dr Kerim Sener, who is a member of the Geological Society of London and the Institute of Materials, Minerals and Mining. Dr Parker and Dr Sener are non-executive directors of Genesis Resources Limited and have sufficient experience relevant to the styles of mineralisation and to the activities which are being reported to qualify as Competent Persons as defined by the JORC code, 2004. Dr Parker and Dr Sener consent to the release of the information compiled in this report in the form and context in which it appears.

PLAVICA PROJECT, MACEDONIA

EXPLORATION & DEVELOPMENT PROGRESS DURING THE QUARTER

PLAVICA PROJECT: Gold, Silver and Copper (GES earning 62%)

The Ministry of Economics within the Republic of Macedonia (FYROM) of has granted the 7 concession licences over Plavica Project to Genesis Resources (GES has the right to earn a 62% joint venture interest) JV partner RIK Sileks AD Kratovo ("Sileks") for a term of 4 years. The project is made up of 7 exploration licences covering over 184.94 km2 in the Carpathian Volcanic Arc, a major epithermal province running through Eastern Europe, and is highly prospective for gold, copper and silver mineralisation.

Element	Million Tonnes	Average Grade	Top Cut	Status	Contained Metal
					ounces	kg	lbs
Gold	57.24	$0.9$ g/t	5 g/t	Inferred	1,656,198	51,514
Silver		15.3 $g/t$	50 g/t	Inferred	28, 237, 764	878.29
Copper		0.282%	0.9%	Inferred		16,140,898	32,679,184

Plavica has an Inferred Mineral Resource (JORC Code-compliant) of:

During the reporting Quarter, metallurgical testwork was undertaken on material obtained from historic drill core. The testwork was completed by SGS Minerals Services UK Ltd. Two samples of material collected from diamond drill core derived from drilling undertaken on the property by Rio Tinto in 1998. One sample, weighing 35.35kg, represented oxide material and the other sample, weighing 35.05kg represented the sulphide material. In the drill holes utilised for this study, the oxide/sulphide transition zone was typically encountered 70-90m down hole, suggesting that the oxide component of the resource may be significant.

Based on initial testwork, it has been demonstrated that gold and copper can be successfully recovered for both the oxide and sulphide material types using standard and accepted processing techniques. Among the potential processing routes tested, the gravity processing method was determined to be the least effective processing route for gold and copper.

With respect to the sulphide ore type, testing has shown that froth flotation has the most potential. recovering up to 83.5% of gold and 97.1% of copper after a 15 minute float time to a rougher concentrate. In contrast, direct leach tests for the sulphide ore, at the -12.5mm crush size and after 14 days of leaching, 38.2% of the gold, 27.7% of the copper and 16.8% of the silver was extracted, varying slightly for the -3.35mm crush size to 41.2% of the gold, 25.9% of the copper and 19.1% of the silver. Recovery of gold from direct leaching of oxide material over 14 days reached 95.4% and 97.9% on -12.5mm and -3.35mm fractions respectively.

The results indicate the most suitable methodology with which to process the sulphide material type is one based on direct flotation of the feed, followed by secondary treatment of the concentrate and tailings separately. The amenability of the tailings to direct leaching is an ongoing part of this programme of work. Previous experience, along with current examples operating within the industry, suggests that the optimal process route could be an advanced hydrometallurgical process such as the Albion, Leachox or biological oxidation (BIOX).

Results for the oxide material type, in contrast to the results for the sulphide material type, froth flotation provided the second best recoveries, with 69.1% for gold and 38.9% for copper after both free gold and sulphidisation flotation stages. These values are lower than those achieved for the sulphide

ore type but it should be noted that this is likely due to the fact that the metals of interest are present within minerals that are less readily floatable.

However, by far the best gold recoveries for oxide material were achieved as a result of direct leaching. For the coarse ore tests, at the -12.5mm crush size and after 14 days of leaching, 95.4% of gold, 4.3% of the copper and 37.3% of the silver was extracted, increasing slightly to 97.9% of gold, 5.4% of the copper and 64.7% of the silver at the -3.35mm crush size. At a finer grind of 75um, tests showed recoveries of 94.0% gold, 12.1% copper and 93.0% silver over a period of 2 days.

These initial results strongly suggest that the most effective processing route with which to treat the oxide ore type will be by direct leaching. Furthermore, the fact that the gold recovery levels achieved at the coarser particle sizes are actually higher than that achieved at the fine size, albeit after a longer leach time, would suggest that this ore could be successfully treated using a coarse ore leach methodology such as conventional heap leaching.

During the quarter, several historic drill holes were relogged and resampled, specifically along an E-W and N-S sections through the deposit. This work was designed to provide better constraints on the geological model as utilised for the initial resource estimate and to help plan for the location of new drilling scheduled on the property during the beginning of 2011. The resampled sections were sent to Romania for assaying and the results are presently awaited to compare with historic assay data.

Application to the Ministry of Economics to provide environmental approvals for the planned drilling programme is being managed by the JV partners Sileks.

AUSTRALIA EXPLORATION & DEVELOPMENT PROGRESS DURING THE QUARTER

GLADSTONE-MOUNT MILLAR PROJECT: Manganese (GES 100%)

The Gladstone-Mount Millar Project consists of Exploration Licence (EPM15771) and Mining Lease Application (MLA80166) and is located approximately 15 kilometres by road from the port of Gladstone on the east coast of central Queensland.

The largest mine on the tenements controlled by Genesis was at Mount Miller. The mine opened in 1895 and operated intermittently until 1916 and then from 1958 to 1960. A total of 21,785 tonnes of ore was mined with a grade which ranged from 71% to 75% MnO₂.

Estimates of the quantity of manganese ore remaining at Mount Millar range from 1,500 tonnes to over 200,000 tonnes but drilling by former joint venture partner, Western Desert Resources Limited, did not intersect significant mineralisation.

During the latter part of the Quarter, Geotech Airborne flew a helicopter airborne EM survey over high grade base metal areas generated by the surface sampling programme to delineate any manganese targets at depth for future drilling. The survey has been completed but final data have not yet been delivered.

Figure 2: Preliminary VTEM BF data from Gladstone EM survey for Channels 45 (left) and 15 (right)

Upon receipt of final corrected data, a detailed regional structural interpretation with strong emphasis on the identification of untested mineralised structural trends will be undertaken to identify drill targets.

A Mining Lease Application (MLA80166) has been lodged over the Mount Millar Mine area and is currently being assessed by the Queensland Government. In late September, the DEEDI (Queensland Mines Department) issued Genesis a COA (Certificate of Application) and CPN (Certificate of Public Notice) as part of the Mining Lease application process.

Copies of the certificates and ML application were subsequently sent to land holders and local authorities, attached to the lease datum post and published in an approved local newspaper (no later than 20 days prior to the close of the objection period).

A Directions Hearing for MLA 80166 (Mt Millar) was held in early December and was attended by a Genesis representative who, at the request of the Court, also attended a follow-up site visit on 6 December 2010 to outline and discuss any potential issues regarding noise, dust, stockpiles and mine life.

Subject to ongoing discussions and agreement regarding conditions to the Draft EA and objections being withdrawn, the Land Court can then recommend the lease proceed to grant which the DEEDI will then process.

ALICE SPRINGS PROJECT: Copper, Gold, Iron (GES 100%)

The Alice Springs Project consists of one granted Exploration Licence (EL24817) and is located approximately 155 kilometres by road from Alice Springs via the Stuart Highway.

Previous exploration by Genesis and other explorers has identified high grade copper mineralisation over a number of areas up to 30% Cu. The copper appears to be structurally controlled and associated with magnetite enrichment in some areas.

Based on these results, helicopter XTEM electromagnetic surveys were flown over the Camp Hill and the Magnetite Hill prospects in May 2010. The final report from Mathew Cooper of Resource Potentials was received during the Quarter. This document represents an expansion of the previously supplied memo which was based on the preliminary XTEM survey data received in June 2010, and takes into account receipt of the final processed data from GPX supplied in November 2010.

Final XTEM survey data over the Camp Hill and Magnetite Hill prospects have defined a number of anomalous electromagnetic responses that are considered to be prospective for copper mineralisation. Strike extensive early to mid time channel anomalies that correlate to known copper mineralisation from rock chip sampling occur at both prospects.

In addition the magnetics has defined a 500m strike anomaly associated with high iron rock chip results collected by Genesis at Magnetite Hill.

The XTEM data contained artefacts believed to be due to problems encountered during data acquisition that were not able to be resolved in final processing. As such GPX have offered to refly selected lines at no cost to Genesis to validate that no potential anomalies have been missed.

At Camp Hill, a total of 21 target areas are considered prospective for copper mineralisation. Of these 8 are considered high priority for follow up work. Imagery from channels 1-15 and the tau image have been mainly used to select targets as the later time channels are too noisy to provide reliable results. Of the 21 targets, 6 are closely related to anomalous rock chip sampling conducted by Genesis and previous explorers, with the most significant anomaly (target 20) extending over 1km and located along or paralleling a major structure that splays off the Cadney Fault. A number of additional conductors along the Cadney fault have also been imaged in the XTEM survey, but have not been included as targets here as they are thought to be related to preferential weathering along the fault structure.

Quarterly Activities Report October-December 2010

Page 6

At Magnetite Hill, a total of 12 target areas considered prospective for copper mineralisation have been selected from the EM data. Of the 12 targets 4 are considered high priority, with only 1 (target 6) closely related to anomalous rock chip sampling conducted by Genesis and previous explorers. The anomaly extends over 400m and located along or paralleling a major structure. Rock chip sampling at this location named Open Valley by Oneva Exploration (Gregory 2002) returned 8.1% and 2.07% copper from quartz stringer veins up to 3m width in magnetite rich gneiss.

Comparison of the target anomaly locations to the Landsat imagery suggests that most of the EM targets are located along or may be related to drainages. As such the response may be due to conductive clays associated to the drainages. Additionally these may also represent structures/shear zones, so ground examination of these anomalies is necessary.

In addition to the EM targets, five strong magnetic anomalies (4 are considered high priority for follow up) are evident in the magnetic data from the Magnetite Hill area. The strongest is associated with Magnetite Hill. The magnetic imagery indicates that this anomaly extends 500m to the north from where the Genesis rock chip samples were taken. The relationship of copper mineralisation to the magnetic stratigraphy also needs to be reviewed.

Figure 7: Magnetite Hill XTEM survey. Target locations with rock chip assays over tmi image. Red Outlines = EM targets Blue Outlines = magnetic targets Copper assays as posted. Genesis RC Fe2O3

ED to 100 (18) $\begin{array}{c} 25 \text{ m} & 50 \ 25 \text{ m} & 50 \ 0 & 10 \text{ to } 25 \ \bullet & \text{all others} \end{array}$ POSE

Based on these results from both Camp Hill and Magnetite Hill, Genesis is planning a drilling program for mid-2011 subject to approvals from the Northern Territory Department of Mines & Energy and heritage clearances from the Central Land Council. All targets need to be ground truthed to explain the source of the anomaly and if warranted geochemical samples taken.

McARTHUR RIVER PROJECT: Manganese (GES 100%)

The McArthur River project is located approximately 850 kilometres south east of Darwin in the Northern Territory and 450 kilometres north-west of Mount Isa in Queensland.

The project area contains the high grade Masterton No2 manganese occurrence. Previous reviews of the available geophysical and geological data and subsequent reconnaissance rock chip sampling have confirmed the location and tenor of the manganese mineralisation. It is believed that the manganese mineralisation is structurally controlled and podiform similar to the Woodie Woodie manganese deposits.

Genesis is currently negotiating a potential joint venture agreement on this project to undertake detailed geological mapping, exploration and drilling of manganese targets.

FENN GAP PROJECT: Iron Ore, Manganese (GES 100%)

The Fenn Gap project is located approximately 25 kilometres south west of Alice Springs in the Northern Territory. The project is close to major infrastructure such as the Stuart Highway and the Alice Springs to Adelaide Railway.

Previous exploration by Genesis has identified moderate to high grade iron up to 57.7% Fe cropping out over a strike length of 9.9 km with moderate to high grade manganese in the Table Prospect area.

In June 2010, Genesis completed a reverse circulation (RC) drill program over the Fenn Gap Fe-Mn Project. Final cleanup of drill sites was completed during the Quarter.

ARTUNGA PROJECT: Gold-Copper (GES 100%)

The Arltunga gold project is located some 110 kilometres north east of Alice Springs and encompasses most of the Arltunga gold field. Arltunga Goldfield has been subject to small scale historical mining activities from the late 1800s to mid 1900s, and again in the 1980s, producing approximately 15,400 oz of gold, primarily from high grade guartz reefs. The Exploration License hosts 33 historical gold mines and prospects with significant gold assays up to 53g/t from rock chip sampling around old mine workings and pyritic-quartz veins.

Recent Gradient Array Induced Polarization (GAIP) surveys delineated nearly 25 target anomalies, which have coincident resistivity and chargeability responses over the existing mines and extensions to old workings. Since gold and pyrite are associated in the quartz veins, the survey results show high prospectivity for gold mineralisation in the area.

Genesis is continuing to review the GAIP data and previous reconnaissance geological mapping to plan a drilling program for mid-2011.

Quarterly Activities Report October-December 2010

Page 8

CORPORATE

At 31 December 2010, the Company had approximately \$1.75 million cash in hand and 2,095,269 shares in Western Desert Resources Limited.

Following the Annual General Meeting in November 2010, the Registered Office of Genesis Resources Limited was relocated at the office of Corporate Consulting Partners Pty Ltd (CCP) Level 3, 1 Collins Street, Melbourne Victoria 3000, Australia, and the principal place of business is now located at Level 9, 468 St Kilda Road, Melbourne 3004 Victoria, Australia.

Genesis engaged Zheng He Global Capital Limited of Level 9, 468 St Kilda Road, Melbourne 3004 Victoria to provide office and accounting support services and CCP to provide company secretarial services. Sophie Karzis of CCP was appointed as Company Secretary and Price Waterhouse Coopers (Melbourne) was appointed as the Company auditor.

John Howard, a geologist with broad mineral exploration experience throughout Australia including the Northern Territory, has been engaged as Exploration Manager of the Company.

Board and Management

Mr Eddie Pang	Chairman
Dr Kerim Sener	Director (Non-Executive)
Dr John Parker	Director (Non-Executive)
Mr Deric Wee	Director (Non-Executive)
Ms Sophie Karzis	Company Secretary

Securities on Issue

Shares at 31 December 2010	53,080,752
Options outstanding:
Exercisable at 30 cents, expiring 24 November 2011	2,500,000

Project	Tenement Number	Area (sq km)	Current Holder	State
Alice Springs	EL24817	770.5	Genesis Resources	NT
Arltunga	EL25238	95.34	Genesis Resources	NΤ
Fenn Gap	EL24839	98.82	Genesis Resources	NT
Laura River	EMP15242	330.7	Genesis Resources	QLD
Pioneer	EPM15619	12.47	Genesis Resources	QLD
McArthur River	EL24814	505.6	Genesis Resources	NT
Gladstone	EPM15771	63.93	Genesis Resources	QLD
Mt Millar MLA	MLA80166	32.24 Ha	Genesis Resources	QLD
Total Australia		1,877.4
Plavica (7 leases)		184.9	RIK SILEKS AD Kratovo	Macedonia
Total		2,062.3

Tenements as at 30 December 2010

About Genesis Resources Limited

Genesis Resources Limited is an Australian company with a portfolio of quality iron, manganese, gold, uranium and base metal (copper-zinc-silver) in the highly prospective Archaean and Proterozoic metallogenic provinces of Australia.

Genesis has signed a Joint Venture over an advanced copper-gold project (Plavica) within the Former Yugoslav Republic of Macedonia. The Plavica Project lies within Carpathian Volcanic Arc, a major epithermal province running through Eastern Europe, which is highly prospective for gold, copper and silver mineralisation.

Genesis projects are close to established infrastructure including railways, shipping ports, highways, power stations and populated areas.

The Company's objective is to provide rapid capital growth through mineral discoveries and development of economic deposits in Australia and overseas.

For more information please visit the Company website at: www.genesisresourcesItd.com.au