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Ramelius Resources Ltd.
Summary
| Project: | Vivien | |
|---|---|---|
| Deposit: | Vivien | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/24/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-7-2019: Ramelius Resources Ltd. announces an Exploration/Drilling Update report for its Vivien deposit at the Vivien project. Drilling results incl. 4m @ 33.2g/t Au from 56m. Ramelius Resources Limited (ASX:RMS) (“Ramelius”, “the Company”) is pleased t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kevin Seymour (Internal) | |
| ABSTRACT: | Ramelius Resources Limited (ASX:RMS) (“Ramelius”, “the Company”) is pleased to announce highly encouraging deeper exploration results as it continues its expanded drilling campaign focussing on resource and reserve extensions at the Underground Vivien and Edna May mines and the newly commissioned Eridanus open pit at Mount Magnet in Western Australia. Mineral Resource and Ore Reserve estimation updates will commence once all available drilling data has been collated. Ramelius Managing Director, Mark Zeptner today said: “It is pleasing to note our aggressive program of exploration drilling below our cornerstone underground mining operations is continuing to deliver significant intersections that give us a great deal of confidence in our ability to continue to increase our Mineral Resources and Ore Reserves. This success, which is a credit to our mine-site geologists and regional exploration teams, has huge potential to extend our mine life at Mount Magnet and Edna May beyond our current base case one-million-ounce mine plan announced in June.” “We are also buoyed by the thickness and grade of the intercepts below our new Eridanus pit. We carry real expectations that this will be a cornerstone project at Mount Magnet ensuring it continues to be a key production centre well into the future”” | |
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