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Genesis Minerals Ltd.
Summary
| Project: | Ulysses | |
|---|---|---|
| Deposit: | Ulysses | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 2-4-2019: Genesis Minerals Ltd. announces an Exploration/Drilling Update report for its Ulysses deposit at the Ulysses project. Drilling results incl. 17.0m @ 1.73g/t Au from 66.0m. Genesis Minerals Limited (ASX: GMD) is pleased to provide an update on dr | |
| Resources: | (Resource, Total): 7.1Mt @ 3.3g/t Au for 760koz contained at Ulysses | |
| CP/QP: | [Overall Report]: Michael Fowler (Internal) | |
| ABSTRACT: | Genesis Minerals Limited (ASX: GMD) is pleased to provide an update on drilling and exploration activities at its 100%-owned Ulysses Gold Project, 30km south of Leonora in WA (Figure 4), where its 2019 exploration program is continuing to ramp-up. A recent round of Reverse Circulation (RC) drilling has intersected further significant mineralisation at the Ulysses East prospect (see Figure 1), located at the eastern end of the 760,000oz Au Ulysses Mineral Resource, highlighting the potential to delineate a significant zone of shallow mineralisation in this area which is potentially amenable to initial extraction via open pit methods. | |
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