Slide 1: Ramelius Resources Limited Broker Presentation June 2004
Slide 2: Capital Structure
CAPITAL STRUCTURE (As at 315t March 2004) RAMELIUS J in ISSUED CAPITAL 59,016,275 fully paid ordinary shares 23,185,750 options (20c) Expire 31°' Dec 07 QUOTED SECURITIES 44,739,123 fully paid ordinary shares 12,897,175 options (20 c) Expire 315 Dec 07 TOP TEN SHAREHOLDERS % Beach Petroleum Lid 13,4
Slide 3: Company Overview
COMPANY OVERVIEW RAMELIUS F © DIRECTORS BOB KENNEDY (CHAIRMAN) JOE HOULDSWORTH (MANAGING DIRECTOR) REG NELSON (NON EXECUTIVE DIRECTOR) © COMPANY MANAGEMENT JOE HOULDSWORTH (MANAGING DIRECTOR) GORDON DUNBAR (CONSULTING GEOLOGIST) DOM FRANCESE (COMPANY SECRETARY) @ OFFICES ADELAIDE - ADMINISTRATION OF
Slide 4: Financial
FINANCIAL (As at 31st March 2004) Effective Cash Post Float (March 2003) ( after costs, tenements, and loan repayments) Expenditure to 31st March 2004 (includes acquisition costs of $550,000) Capital Raising March 2004 (after costs) Funds on Hand 31*t March 2004 Estimated Expenditure for June Q 2004
Slide 5: Current Projects
CURRENT PROJECTS RAMBLIUS GOLD ADVANCED - BLACK CAT WATTLE DAM {7800 PROSPECT) DRILL TARGETS - WATTLE DAN,3 NORTH WIDGIE,4 GNARLBINE HILDITCH ADVANCED EXPLN. BLUE HILLS GNARLBINE PARKER RANGE GREENFIELDS LOGANS FIND IDA FAULT NICKEL DRILL TARGET HILDITCH ADVANCED EXPLN. PARKER RANGE COPPER-ZINC ADVA
Slide 6: Black Cat: Gold
BLACK CAT: GOLD in RAMELIUS F Mafic rocks SIE.4 metres | git Gold » Drilling of 7,850m in 104 holes » Black Cat South Resource 200,000 tonnes @ 2.7 git gold (indicated) 50,000 tonnes @ 2.6 git gold (inferred) North of Open Pit Potentially economic intersections such as 5m @ 4.5 git gold and 1m @ 81g
Slide 7: North Widgi / Spargoville Regional Project Area
ific-/ ultramafic rocks, Sediments’ & votcaniciastic rocks: NORTH WIDGI | SPARGOVILLE ramus 7 | REGIONAL PROJECT AREA 280 km? in area 30 kms strike length of the gold belt: » WATTLE DAM GOLD PROJECT Resource Definition Drilling at 7800N Prospect. Advanced and Routine Exploration programmes. » HILDIT
Slide 8: Wattle Dam: Gold
WATTLE DAM: Gold » GOLD RESOURCE in RAMELIUS F 900 mE bk DEFINITION PROJECT 532500 mal Economically significant gold intersections , g at several locations. 5 " bs The 7800 Prospect: _ * Inferred resource 150,000 tonnes at 4.6g/t gavotte A gold (cut to 20g/t ) or 7.2 g/t gold (uncut). sco ee ay Pee
Slide 9: Hilditch Project
“| HILDITGH PROJECT . ARMSTRON yyy HILDITCH NICKEL PROJECT [emia The Ramelius Hilditch project is on trend and immediately north of numerous abutting nickel projects Includes Titan’s Armstrong Nickel Mine (~10km south) Titan has reported Armstrong may yield approx 9,800 tonnes of Nickel Equates to a
Slide 10: Hilditch Nickel Project
HILDITCH NICKEL PROJECT i RAMELIUS S00mRt 400m » Electro-Magnetic (EM) conductors in the south west of the area. » Resolved the geology of this area to identify targets [XX] Felsic rocks Porphyry intrusives TR) ultramafic rocks [|] Mafic rocks Sediments C3 MODELLED CONDUCTOR RAMELIUS RESOURCES LTD H
Slide 11: Gnarlbine Project: Gold and Nickel
GNARLBINE PROJECT: Gold and Nickel RAMELIUS 7, 230 km?in area A largely concealed portion of the in Coolgardie greenstone belt GOLD EXPLORATION » Priority Targets * The sub-circular, 30 ppb gold in soil Triton Anomaly lies on the Bulla Bulling Shear # The Canyon anomaly a >10ppb gold in soil anomaly
Slide 12: Gnarlbine Project Aeromagnetic Image
in RAMELIUS F GNARLBINE PROJECT AEROMAGNECTIC IMAGE SHOWING STRUCURAL TRENDS AND CONTRAST BETWEEN GRANITE/GREENSTONE
Slide 13: Ingebong Hills Project Areas
INGEBONG HILLS PROJECT AREAS COMPRISING THREE PROJECT AREAS IN THE RAMELIUS EARAHEEDY BASIN W.A. INGEBONG HILLS a avis fom Sig » Ingebong Hills — BLUE HES . = ie | delineated a. io “SG Copper/Zinc anomalies te Ba ee eet oO ee Le Lo » Blue Hills — | Continuing gold —___| Exploration oe a ty — Oe: — »
Slide 14: Royalty Interests
ROYALTY INTERESTS i RAMELIUS SANDSTONE -— Herald Resources Ltd. Gold SIBERIA — Siberia Mining Company Ltd. Gold & nickel laterite EUCALYPTUS — GME Resources Ltd. Nickel laterite Port Hedland J Edjudina — Sons of Gwalia Ltd. Gold BULONG - Yilgarn Gold Ltd. Gold SPARGOS REWARD- Breakaway Resources Ltd
Slide 15: Next Quarter Highlights on Current Projects
NEXT QUARTER HIGHLIGHTS ON CURRENT PROJECTS BLACK CAT NEW RESOURCE ESTIMATE North of Pit WATTLE DAM RESOURCE ESTIMATE 7800n Prospect DRILL 5A/5B Gold ASSESSMENT OF SOIL AMOMALIES HILDITCH DRILL NICKEL TARGET GNARLBINE DRILL TRITON SOIL ANOMALY mali Line