Genesis To Raise Funds For Ulysses Gold Project

News: ASX-listed Genesis Minerals has secured firm commitments to raise AUD700,000 (USD509,740) to finance resource drilling at its Ulysses Gold Project in Western Australia. Drilling, which will commence in August 2015, will boost confidence in the Ulysses resource, expand the ore body, both along strike and at depth. Funds from the placement will also be used to undertake a mining study on Ulysses. The study is scheduled to be completed by December 2015. The company is targeting open pit...

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