Company News Summary
Ramelius Resources Provides June 2012 Quarterly Activities Report
Original announcement: June 2012 Quarterly Activities Report
Ramelius Resources provided its June 2012 quarterly activities report, reporting at Wattle Dam (WA), 10,965 oz fine gold was produced for the quarter, 59,187t of underground ore was mined, and 250,000oz production milestone was reached; at Mt Magnet (WA), 10,548 oz fine gold production for the quarter, 393,814t of ore was mined, and 358,863t milled at a head grade of 0.95 g/t; excellent drilling results at the Mt Magnet project including Perseverance - 26m @ 7.25 g/t Au; and RC drilling completed at Coogee project including Main Zone - 6m @ 19.7 g/t Au. The Company also reported good progress was made on the Vivien sale agreements; the Coogee gold project purchase settled in June; quarterly gold sales of A$20.7m; and cash and gold of A$61m at quarter end.
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