RAMELIUS RESOURCES LIMITEDACN 001 717 540ASX Release 5 March...

RAMELIUS RESOURCES LIMITED
ACN 001 717 540
ASX Release 5 March 2008
Page 2
VISIBLE GOLD IN RC DRILLING AT WATTLE DAM
The Directors of Ramelius Resources are pleased to announce that visible gold has been
intersected over a one metre interval in RC drilling at Wattle Dam Gold Mine located
25kms west of Kambalda in the Eastern Goldfields of WA.
The intersection of visible gold was located between 88 and 89 metres down hole in RC
drill hole WDRC315, (Figure 1), and is located between the bottom of the current open pit
and the top of the high grade underground resource. Previous intersections of visible gold at
Wattle Dam have returned very high grade intersections.
The Company believes the intersection is significant because it may extend the high grade
resource up to the base of the proposed open pit cut back, and is almost certain to improve
the economic return from mining at Wattle Dam.
The location of the visible gold intersection is shown on the attached long section, (Figure
2).
A total of 11 RC drill holes for 1,165m have been completed to further evaluate the up
plunge from the high grade zone beneath the proposed cut back. All drill hole collar details
are included in the following table, (Table 1). All analytical results from this drilling are
pending.
Analytical results from the zone incorporating the visible gold interval are expected within
14 days.
For further information please contact:
Mr. Joe Houldsworth
Managing Director
Ramelius Resources Limited
Ph. 08 9250 6644
Mr. Duncan Gordon
Investor Relations
Ramelius Resources Limited
Ph. 08 8232 8800
Mob. 0404006444