Genesis Minerals Limited (ASX: GMD) – $0.013

28 Oct 2015

Genesis Minerals Limited (ASX: GMD) has received high grade gold assay results from its maiden resource definition drilling program at the Ulysses Gold Project located south of Leonora in Western Australia (Figure 1).


GMD Ulysses Au

Figure 1. Location of the Ulysses Gold Project



Highlights from gold intersections include (refer to Figure 2 for location):


  • 0 metres at 15.0g/t gold from 79.0 metres
  • 0 metres at 7.2g/t gold from 51.0 metres
  • 0 metres at 4.0g/t gold from 6.0 metres
  • 0 metres at 2.3g/t gold from 14.0 metres


GMD Ulysses results

Figure 2. Location and results from maiden resource definition drilling program



Further resource definition drilling is scheduled to recommence in early November 2016. The drilling is designed to test the extension of the resource along strike to the east and west and at depth.



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