GMD 0.81% $2.50 genesis minerals limited

Some points from the RRS presentation; Ulysses - Drill testing...

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  1. 196 Posts.
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    Some points from the RRS presentation;

    Ulysses

    - Drill testing currently underway targeting down-plunge extensions of recently upgraded 206,400oz Ulysses Resource.
    - 90 hole/6,000m aircore program commenced last week testing: Ulysses NW, Ulysses North and Orient Well NW.
    - Evaluating a small-scale underground mining operation to extract high-grade ore below the open pits,   
      Max depth < 150m @ grades of 4 - 8 g/t.
    - Further open pit mining.

    Viking

    - Resource delineation drilling currently being planned in a 500m x 100m area, in parallel with further
      aircore drilling.
    - Potential primary source at Beaker 2 to be drill tested later this quarter.


    Barimaia

    - Maiden drilling imminent.


    DYOR
    Last edited by 2&2=$: 30/05/17
 
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