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Transaction Announcement Reports
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Project: | Vivien | |
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Deposit: | Vivien | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 6/14/2016 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 14-6-2016: Ramelius Resources Ltd. announces an Exploration/Drilling Update report for its Vivien deposit at the Vivien project. Drilling results incl. 3.5m @ 7.60g/t Au from 111.0m at Vivien South Lode. Ramelius Resources Limited (ASX:RMS) is pleased to | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Rob Hutchison (Internal) | |
ABSTRACT: | Ramelius Resources Limited (ASX:RMS) is pleased to announce that the Vivien Gold Mine in Western Australia (refer Figures 1 & 2) is to commence stope production activities, ready for a full production year in FY2017. Orebody reconciliation for development production at Vivien continues to be positive, as evidenced by the production achieved in the March 2016 Quarter and June 2016 Quarterto-date. Diamond drilling in the upper part of the mine, from Stockpile #1 (refer Figure 6), has been completed with encouraging results including; 3.5m at 7.6 g/t Au, and 2.4m at 8.9 g/t Au. A total of 8 holes were drilled (refer Table 1 for full details) and this area of the mine (refer also Figure 4) is currently being evaluated for development. Further drill testing, both within and below the current Mineral Resource envelope, is expected to commence late in the September 2016 Quarter from drill drive locations planned lower down in the mine (refer Figure 4). | |
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