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Ramelius Resources Ltd.

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Summary

Project:

Edna May

Deposit:Edna May
Location:Australia
Commodities:Gold
Date:3/9/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-3-2018: Ramelius Resources Ltd. announces an Exploration/Drilling Update report for its Edna May deposit at the Edna May project. Drilling results incl. 149.4m @ 2.04g/t Au. Ramelius Resources Limited (ASX:RMS) is pleased to announce new results from re
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Rob Hutchinson (Internal)
ABSTRACT:Ramelius Resources Limited (ASX:RMS) is pleased to announce new results from recent resource development and exploration drilling programmes at its Edna May and Mt Magnet gold operations in Western Australia (refer Figure 1). Underground resource infill drilling continues at Edna May and recent results are very encouraging. Significant high-grade gold intersections returned from the interpreted lode positions include. Underground infill diamond drilling is in progress and encouraging results continue to be received. Phase 1 drilling was conducted from the deepest underground development position, 120m below the current Stage 2 open pit. Drilling targeted the interpreted high-grade, Jonathan & Fuji quartz vein lodes, occurring within the broader Edna May mineralised gneiss unit. Phase 2 drilling is now in progress, from several decline positions higher up, and aims to improve resource confidence in the 100m increment below the current Stage 2 pit. New drilling results are available for 24 holes, totalling 2,909m and all holes demonstrate the bulk mineralised nature of the Edna May Gneiss. Numerous holes also show good potential for locally continuous high-grade lodes (Figure 3).

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