RMS 0.51% $1.99 ramelius resources limited

Ann: Stellar High-Grade Drillling Update, page-37

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  1. 1,357 Posts.
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    All RMS holders can consider themselves very lucky, we were not rolled before 60cents!

    Can not believe someone like St Barbara Mines has not taken RMS out, it was so cheap, still very cheap,
    SBM need new ground and RMS would fit the bill.

    Stella puts their latest drilling  results to shame and to top it off,  these are at 2km deep.

    Exploration • Gwalia Deeps Extension: The Gwalia Deeps drilling program continued testing southern extensions to the Gwalia lode system at 2,000 mbs with three daughter holes (GWDD16F, GWDD16G and GWDD16H) completed. Significant results were returned from all three intersections of the Gwalia Shear Zone, including: o 0.9 m @ 34.4 g/t Au from 1,975 mbs (GWDD16F) o 3.6 m @ 10.7 g/t Au from 1,900 mbs (GWDD16G) o 1.8 m @ 76.3 g/t Au from 1,967 mbs (GWDD16H) o 10.8 m @ 3.6 g/t Au from 2,013 mbs (GWDD16H) • The results suggest this zone has a greater gold endowment than previously modelled and that the deposit appears to trend progressively shallower and in a southerly plunge from 1600-1800 mbs, rather than the earlier ‘straight’ conceptual model of Gwalia mineralisation.
 
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