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Ramelius Resources Ltd.
Summary
| Project: | Symes Find | |
|---|---|---|
| Deposit: | Symes Find | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/24/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-10-2019: Ramelius Resources Ltd. announces an Exploration/Drilling Update report for its Symes Find deposit at the Symes Find project. Drilling results incl. 9m @ 12.72g/t Au from 12m. Ramelius Resources Limited (ASX:RMS) (“Ramelius”, “the Company”) is | |
| Resources: | ||
| CP/QP: | [Overall Report]: Kevin Seymour (Internal) | |
| ABSTRACT: | Ramelius Resources Limited (ASX:RMS) (“Ramelius”, “the Company”) is pleased to announce that significant surface laterite gold mineralisation plus shallow oxide and bedrock gold mineralisation has been returned from step-out drilling beyond the previously reported 34,000oz Indicated and Inferred Mineral Resource at Symes’ Find (see RMS ASX Release, ‘Resource and Reserve Statement 2019’, 10/09/2019). Symes’ Find is located 120km southeast from Edna May in Western Australia, via sealed roads (refer Figures 1 & 6). Drill access has been limited due to the winter grain cropping season, but where access was permissible the mineralisation shows good strike continuity to the south, into the larger Mt Hampton Project. Further strike extension step-out drilling is scheduled to commence once the winter grain crops have been harvested around mid-December this year. Ramelius Managing Director, Mark Zeptner today said: “The latest Symes’ Find drilling results are further testament to the potential of the Edna May region to deliver future resources and reserves for the Company and highlight the significance of Ramelius’ decision to consolidate a dominant land package extending over 130km strike through prospective stratigraphy around the Edna May gold mine. We will continue to systematically explore the highly prospective Westonia/Holleton and Tampia greenstone belts to consolidate Edna May as a significant long-term production centre for the Company.” | |
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