Genesis Minerals Limited is an ASX listed company focussed on near term production opportunities at its Ulysses and Viking Gold Projects located in highly prospective gold districts in WA. Both Projects are located near under utilised gold treatment facilities.
At Ulysses Genesis is completing drilling and a mining study in 4Q2015 and is targeting production from Ulysses in 2Q2016.
There is significant potential at Ulysses to develop a significant mine life based on the existing resource and the estimated extensions at depth and along strike of the known resource and the adjacent exploration targets on the Ulysses mining lease. The Project contains a shallow JORC compliant resource of 138,000 ounces of gold.