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Ramelius Resources Provides Greenfinch Project Update

15 May 2019  |  08:38:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Greenfinch Project Update

Ramelius Resources advised shareholders of further delays to the approvals process for the proposed Greenfinch open pit immediately adjacent to the Company's Edna May Gold Mine in WA. The assessed Clearing Permit application required clearing of 48.8 ha of vegetation, which also included the proposed re-vegetation of freehold farmland purchased nearby. DMIRS found that the application was seriously at variance with one of the ten clearing principles and at variance with three others. During the Appeals process, based on feedback, a revised clearing area was lodged by the Company which provided for a reduction in the area disturbed down to 26.3 ha.

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