Genesis Minerals Limited advised that ongoing Resource drilling at its Ulysses Gold Project in Western Australia is continuing to deliver outstanding results, confirming the strong potential to expand and upgrade existing Resources within the Ulysses Project (includes all deposits within the Kookynie group of tenements). Further highly-encouraging results have been received from Reverse Circulation (RC) drilling completed prior to Christmas at both the Orient Well and Butterfly-Clark deposits. The drilling completed at Orient Well is part of a large program designed to significantly expand and upgrade the existing 61,000oz Mineral Resource, with results received to date demonstrating strong potential to grow the existing Resource. All of the results in this release are from areas outside the current Resource. Drilling reported in this release in the Clark-Butterfly area focused on an area covering 600m x 300m. Drilling targeted the Hercules and Clark shears and also focused on upgrading parts of the Inferred Resource at Butterfly. A number of significant results were returned along the Hercules and Clark shears outside of the current resources. The results reported will feed into updated Mineral Resource estimates that will underpin the Feasibility Study on the development of a significant standalone gold operation at Ulysses, with ore to be sourced from a combination of known underground and open pit Resources. Orient Well Drill Program: The results reported are from the ongoing drilling program at Orient Well and consisted of 14 RC holes for 1,616m (20USRC617 to 620 and 20USRC651 to 660), with the recent drilling forming part of a large program to test over 1.2km of strike. The program was designed to reduce drill sections to 25m to 50m spacings with all holes drilled between -50 and -70 degrees towards local grid west. Drilling was designed to intersect the moderate-NE dipping Orient Well felsic volcanic. Gold mineralisation intersected is hosted within the Orient Well felsic volcanic and is associated with increased quartz veining, silicification, sericite and pyrite content. The potential plunges of the higher grade mineralisation within the felsic volcanic host are moderate (40 degrees) to the north-east and shallow (25 degrees) to the south-east. Significant mineralisation remains open at depth along the entire 1.8km of the previously defined strike extent of the felsic volcanic. Butterfly and Clark Drilling: The results reported from the ongoing drilling program at Butterfly and Clark consisted of 30 RC holes for 3,674m (20USRC621 to 650), with drilling focused on an area covering 600m x 300m targeting the Hercules and Clark shears. Drilling also focused on upgrading parts of the Inferred Resource at Butterfly. Hole 20USRC638 was drilled at Butterfly North. Holes were mostly drilled towards local grid south except for holes specifically targeting the Butterfly shear.