Mining Drill Rig

New gold boost for greenfields Mackay exploration push by gold miner Ramelius

Exploration & Resource Development Drilling Update

HIGHLIGHTS

Ramelius Resources Limited (ASX:RMS) is pleased to announce new results from recent resource development and exploration drilling programmes at its Mt Magnet and Vivien operations in Western Australia as well as exploration drilling success at Yandan North in northern Queensland .
MT MAGNET (WA)
Highly encouraging high grade intersections continue to be returned from infill and extensional resource development drilling at Shannon to support its emerging underground resource potential below the preliminary 2017 open pit design. Drilling continues to prove excellent strike and down dip continuity. Significant high grade intersections from the recent drilling include:

  • 11m at 6.66g/t Au from 176m in GXRC0556
  • 12m at 16.61g/t Au from 187m in GXRC0558, including 5m at 37.16g/t Au
  • 2m at 13.81g/t Au from 245m in GXRC0559
  • 11m at 4.83g/t Au from 211m in GXRC0561, including 2m at 22.5g/t Au
  • 8m at 5.18g/t Au from 162m in GXRC0569, including 1m at 35.5g/t Au

VIVIEN UNDERGROUND MINE (WA)
Final assay results are now available from the majority of underground diamond drill
holes designed to test for dilational jog repeats to the Vivien underground mine at
depth. Encouragingly the drilling shows the lode thickness and grade is redeveloping
with depth. Highly significant new intersections returned from the drilling include:

  • 5.6m at 5.20g/t Au from 330m in VVDD1064
  • 10.3m at 9.20g/t Au from 291m in VVDD1067

NORTH YANDAN (QLD)
Encouraging broad zones of gold anomalous epithermal veining and sulphidic breccia
was returned from reconnaissance diamond drilling over 160m down hole in
YNDD0002.

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