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Ramelius Resources Provides Resources and Reserves Statement for 2021

10 Sep 2021  |  08:22:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Resources and Reserves Statement 2021

Ramelius Resources announced new estimates of Mineral Resources and Ore Reserves as at 30 June 2021, with Mineral Resources up 15%, after mining depletion. Increases in Mineral Resources were achieved via exploration drilling and resource additions at its Eridanus, Galaxy and Edna May gold projects in WA. As in previous years, the Company's ability to consistently meet production guidance has been underpinned by realistic resource modelling and deliverable reserve estimates. Ore Reserves have been maintained, with mining depletions matched by additions. Studies on conversion of the new resources to reserves are in progress.

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