EXPLORATION & DEVELOPMENT

Genesis optimistic of Ulysses resource boost 

WESTERN Australian gold explorer Genesis Minerals enjoyed a 9% rise in its shares, shrugging off yesterday's malaise in the Aussie gold sector, after drilling to the west of its 760,000 ounce Ulysses resource confirmed the continuity and robustness of mineralisation within the upper levels of high-grade shoots.

 Genesis is having more success at Ulysses.

Genesis is having more success at Ulysses.

The company, which is looking south of the historic Gwalia gold mine, has been spinning the drillbit to extend resources around the Ulysses West pit, with early results including 9m grading 9.94 grams...

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