RMS 1.89% $2.16 ramelius resources limited

mt magnet estimated cost per ounce, page-4

  1. 5,268 Posts.
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    Yeah, good move by Ramelius to start with more drilling.

    Harmony Gold delineated 3.3 million ounces of resource for this project, which should keep us busy for a while.

    And sometimes an initial estimate doubles, so we could have well over 5 million ounces of resource at Mt Magnet.

    What a buzz it would be, if during upcoming drilling, Ramelius was able to hit the jackpot, and drop in on huge veins that justified the 3.3+ million estimates.

    Now we shall see the skill of the geologists working for Ramelius, wish I was one, this kind of exploration would be really interesting.

    Gw
 
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