Ramelius Resources Limited · ASX:RMS
Ramelius Resources — MEGWA Presentation September 2006
54 slides from Ramelius Resources's conference presentation, Sep 26, 2006
Slide 1: MEGWA Presentation 26 September 2006
RAMELIUS RESOURCES LIMITED MEGWA PRESENTATION 26 SEPTEMBER 2006
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain forward looking statements with respect to Ramelius’ financial condition, results of operations and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements could be significantly different from those
Slide 3: Ramelius Resources Limited
RAMELIUS RESOURCES LIMITED LISTED MARCH 2003 ACHIEVEMENTS Mining Wattle Dam Commenced March 2006 FUTURE Complete Mining October 2006 Commence Cut Back & U/G Evaluation
Slide 4: Major Projects
MAJOR PROJECTS • Spargoville • Black Cat
Slide 5: Spargoville
SPARGOVILLE • Build on the 280km2, 30km long tenement package • Accelerate Exploration • Acquired Nickel Rights
Slide 6: Spargoville Gold History
■ Mt Marion 1997 SPARGOVILLE GOLD HISTIORY ■ Spargos Reward 1935 • Widgiemooltha 1897 • Golden Eagle 1931 • Spargos Reward 1934 ■ Wattle Dam 2006 ■ ■ Spargoville 5B 1995 • Spargoville 5B 1995 Mandilla 2006 • Mt Marion 1997 ■Golden Eagle 1931 • Wattle Dam 2006 Widgiemooltha 1897 ■ • Mandilla 2006
Slide 7: Start of Mining at Wattle Dam Gold Mine
START OF MINING AT WATTLE DAM GOLD MINE
Slide 8: Wattle Dam 7800N Orebody
WATTLE DAM 7800N OREBODY Indicated/Inferred Resource 180,000 tonnes @ 3.6g/t (cut) for 21,100oz Gold Potential for additional ore down plunge and down dip
Slide 9: Wattle Dam Gold Mine
WATTLE DAM GOLD MINE METALLURGICAL TESTWORK Free Milling, High Recoveries, Low Reagent Usage OPERATING Open Cut Mining - High Grades from Surface - Mainly Free Digging Toll Treatment OPTIMISATION SUMMARY* GOLD MINING OUNCES CASH OPERATING STRIPPING PRICE RESERVES RECOVERED COST PROFIT RATIO (A$/oz)
Slide 10: Wattle Dam Gold Mine Commenced March 2006
WATTLE DAM GOLD MINE Commenced March 2006 Mine Development as at 31st August 2006 (36.5 m Advance on proposed 60 m nominal pit depth) Ore Mined 120,173 t Cumulative (Uncut) Gold Grade 10.1 g/t Gold Stocks at 31st August 2006 Refined Gold 6,245 oz In Stockpiles (mine & mill) approx 31,000 oz Total 37
Slide 11: Part of One Night's Metal Detecting
Part of One Night’s Metal Detecting Note the textures on the specimens
Slide 12: Spargoville Project Area
SPARGOVILLE PROJECT AREA •Tenements extend over 30 kilometres •Located Along Regional Shears •Mafic and Ultramafic Rocks
Slide 13: Spargoville Project Area
SPARGOVILLE PROJECT AREA •Gold in Soil Geochemistry highlights Gold along the Regional Shears •Some Low Gold values are from Transported Cover
Slide 14: Wattle Dam 7800N ACM Geochem
>50ppb Au Wattle Dam 200 metres 7800N ACM Geochem >200ppb Au >100ppb Au >50ppb Au Soil Geochemistry >25ppb Au 20m x 50m >100ppb Au >50ppb Au
Slide 15: ACM Drilling Section 7890mN
ACM Drilling Section 7890mN Big Kahuna 6m @ 1.5g/t Au 20 metres
Slide 16: ACM and Spinifex Drilling Section 7890mN
ACM and Spinifex Drilling Section 7890mN Big Kahuna 6m @ 1.5g/t Au 6m @ 11.9g/t Au >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 6m @ 1.5g/t Au 20 metres
Slide 17: Initial Aircore and RC exploration drilling
Initial Aircore and RC exploration drilling
Slide 18: ACM, Spinifex and Ramelius Drilling Section 7890mN
ACM, Spinifex and Ramelius Drilling Section 7890mN Big Kahuna 2m @ 17.7g/t Au 5m @ 28.1g/t Au 6m @ 1.5g/t Au 5m @ 4.2g/t Au 6m @ 11.9g/t Au 2m @ 7.8g/t Au (EOH) >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 6m @ 1.5g/t Au 20 metres
Slide 19: Wattle Dam Mineralisation
Wattle Dam Mineralisation (after 1st Phase 20m x 20m RC drilling)
Slide 20: Wattle Dam Mineralisation
Wattle Dam Mineralisation (after 1st Phase 20m x 20m RC drilling)
Slide 21: ACM, Spinifex and Ramelius Drilling Section 7890mN
ACM, Spinifex and Ramelius Drilling Section 7890mN Big Kahuna 2m @ 17.7g/t Au 5m @ 28.1g/t Au 6m @ 1.5g/t Au 5m @ 4.2g/t Au 6m @ 11.9g/t Au 2m @ 7.8g/t Au (EOH) >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 6m @ 1.5g/t Au 20 metres
Slide 22: Ramelius Drilling Section 7920mN
Ramelius Drilling Section 7920mN 5m @ 10.1g/t Au 9m @ 8.3g/t Au 5m @ 2.9g/t Au 1m @ 16.6g/t Au >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 20 metres
Slide 23: Ramelius Drilling Section 7870mN
Ramelius Drilling Section 7870mN 6m @ 14.4g/t Au 10m @ 66.5g/t Au 2m @ 21.9g/t Au 4m @ 144g/t Au 8m @ 6.8g/t Au >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 20 metres
Slide 24: Ramelius Drilling Section 7870mN
Ramelius Drilling Section 7870mN >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope 20 metres
Slide 25: Ramelius Grade Control Drilling Section 7870mN
Ramelius Grade Control Drilling Section 7870mN Mined Ore Block >0.1g/t Au mineralised envelope >1.0g/t Au mineralised envelope
Slide 26: Initial Grade Control Drilling March 2006
Initial Grade Control Drilling March 2006 Big Kahuna (WDP0018)
Slide 27: South West Corner of the Pit
South West Corner of the Pit Fresh Rock on Western Wall
Slide 28: Fresh Tremolite Chlorite Rock Western Wall
Fresh Tremolite Chlorite Rock Western Wall
Slide 29: South Wall of the Pit Fresh Rock
South Wall of the Pit Fresh Rock
Slide 30: Fresh, Felted Tremolite Chlorite Rock - Southern Wall
Fresh, Felted Tremolite Chlorite Rock - Southern Wall
Slide 31: Looking South along Sheared Margin of Ore Horizon
Looking South along Sheared Margin of Ore Horizon
Slide 32: Looking North along Sheared Margin of Ore Horizon
Looking North along Sheared Margin of Ore Horizon. (Note easterly dip)
Slide 33: Ore Exposed in Blast Hole Blow-out
Ore Exposed in Blast Hole Blow-out
Slide 34: Weathered - Sheared Ultramafic Ore
Weathered - Sheared Ultramafic Ore
Slide 35: Partially Weathered Ore
Partially Weathered Ore
Slide 36: Excavations at Metal Detecting Responses
Excavations at Metal Detecting Responses
Slide 37: In Pit Metal Detecting
In Pit Metal Detecting all
Slide 38: Gold Specimen from Metal Detecting the Pit Floor
Gold Specimen from Metal Detecting the Pit Floor
Slide 39: Disseminated Gold from Metal Detecting the Pit Floor
Disseminated Gold from Metal Detecting the Pit Floor
Slide 40: Nuggets and Flakes from Upper Flitches
Nuggets and Flakes from Upper Flitches
Slide 41: Nuggets Recovered from Mill Feed
Nuggets Recovered from Mill Feed
Slide 42: Wattle Dam Gold Mine August 2006
Wattle Dam Gold Mine August 2006
Slide 43: Spargoville Project Area Aeromagnetic Image
SPARGOVILLE PROJECT AREA AEROMAGNETIC IMAGE •Highlights Mafic and Ultramafic Rocks •Strike Changes •Thrusts around Widgiemooltha Dome
Slide 44: Spargoville Project Area Geology
SPARGOVILLE PROJECT AREA GEOLOGY •Thrusts around Widgiemooltha Dome •Regional Shears
Slide 45: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA TARGET AREAS INCLUDE: •Grass Roots Exploration •Follow Up on Previous Results •Advanced Exploration
Slide 46: Central Gold Target
CENTRAL GOLD TARGET An example of a Large Gold in Soil Anomaly cut by Recent Drainage Note – The centre of the anomaly is below the alluvial filled Drainage Channel
Slide 47: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA TARGET AREAS INCLUDE: •Grass Roots Exploration •Follow Up on Previous Results •Advanced Exploration
Slide 48: Logan's Project
LOGAN’S PROJECT Historical Gold in Soil •Inherited Databases •Elevated and Anomalous Gold along Regional Shear •A few other elevated values
Slide 49: Logan's Project
LOGAN’S PROJECT Gold in Soil Geochemistry •Highlights the Kunanalling Shear •Strike Changes •Gold to the East of Shear also Anomalous in Arsenic
Slide 50: Logan's Larkinville Project
LOGAN’S LARKINVILLE PROJECT • Gold in Soil Anomalies • Immediate RAB Drill Target
Slide 51: Spargoville Regional Project Area
SPARGOVILLE REGIONAL PROJECT AREA TARGET AREAS INCLUDE: •Grass Roots Exploration •Follow Up on Previous Results •Advanced Exploration
Slide 52: Guest Leases
GUEST LEASES GOLD IN SOIL GEOCHEMISTRY
Slide 53: Matt Svensson, Joe Houldsworth and Brian Kelty
Matt Svensson Joe Houldsworth, Matt Svensson Joe Houldsworth and Brian Kelty
Slide 54: Ramelius Resources
RAMELIUS »RESOURCES
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