RMS 6.54% $2.28 ramelius resources limited

2nd quarter activities and cashflow report , page-4

  1. 6,639 Posts.
    lightbulb Created with Sketch. 281
    I was anticipating better results...far higher grades

    "The resource extension potential at Wattle Dam has been highlighted by further encouraging diamond drilling results. Drilling has intersected 1.8 metres @ 33.9 g/t gold from 185 metres down hole in
    diamond drill hole WDDH0014 and 40 metres @ 0.7 g/t gold from 590 metres down hole in diamond drill hole WDDH0018. The intersection in drill hole WDDH0018 is considered a significant and exciting result for the Company as it demonstrates that the Wattle Dam gold system persists down to at least 600 metres vertical depth. Ramelius is
    confident that further high grade gold zones will be delineated at depth."

    More drilling to occur in February...slightly different target area at Wattle Dam.
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.28
Change
0.140(6.54%)
Mkt cap ! $2.617B
Open High Low Value Volume
$2.24 $2.30 $2.18 $24.38M 10.82M

Buyers (Bids)

No. Vol. Price($)
5 48057 $2.28
 

Sellers (Offers)

Price($) Vol. No.
$2.29 5243 3
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.