RMS 1.00% $2.03 ramelius resources limited

more large gold intersections

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    VISIBLE GOLD INTERSECTIONS
    Visible gold has been identified in three drill holes WDRC249, WDRC289 and WDRC290
    located at the northern end of the open pit.
    Drill hole WDRC249 was collared on section 8030N, 10 metres to the north of the spectacular
    intersection in WDRC226 (48m @ 154g/t gold from 148m (uncut)). WDRC249 intersected one
    metre of visible gold from 159 metres within a 31 metre wide zone of moderate
    chlorite/biotite/pyrite altered ultramafic from 157m.
    Drill hole WDRC289 was collared on section 7980N, 40 metres to the south of WDRC226. The
    drill hole intersected one metre of abundant visible gold from 129 metres associated with a
    shale horizon within a zone of moderate chlorite/biotite/pyrite altered ultramafic from 122 metres.
    This intercept is approximately 35 metres down plunge, to the north, from previously reported
    WDRC 162 intersection of 6 metres at 11.0 g/t gold
    Drill hole WDRC290 was collared on section 7990N, 30 metres to the south of WDRC226 and
    10m north of WDRC289. The drill hole intersected two metres of visible gold veining from
    134 metres within a 33 metre zone of strong chlorite/biotite/pyrite altered ultramafic from
    125 metres.
    Analytical results from the above mentioned drill holes are pending.
    To date high grade drill results and/or visible gold intersections coupled with favourable
    chlorite/biotite/ pyrite alteration have been intersected from a depth of 95 metres over a strike
    length in excess of 50 metres below and extending beyond the northern end of the current
    open pit. The deepest drilling to date is at a depth of 180 metres below surface at the northern
    end of this zone (refer to attached Figure 1).
    Diamond drilling along with some additional RC drilling has been planned to further evaluate this
    high grade zone along strike and at depth. This program is expected to be amended as the
    results from the completed and proposed drilling are returned.
 
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