Ramelius Resources Limited
only | |
Peter Ruzicka | |
Executive General Manager - Exploration | |
use | ASX:RMS |
Mt Magnet - Discovery in a | |
Mature Mining Camp | |
onal |
February 2022
QUALIFICATION
Forward Looking Statements
This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd's (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and uncertainties. Actual results, performance or achievements onlycould be significantly different from those expressed in or implied by those forward looking statements. Such forward looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are beyond the control of Ramelius that may cause actual results to differ materially from those expressed in the forward looking statements contained herein. Ramelius gives no warranties in
relation to the information and statements within this presentation.
C mpetent Persons Statement
The Information in this report that relates to Exploration Results, Mineral Resources and Ore Reserves is based on information compiled by Peter useRuzicka (Exploration Results), Rob Hutchison (Mineral Resources) and Paul Hucker (Ore Reserves), who are Competent Persons and Members of The Australasian Institute of Mining and Metallurgy. Peter Ruzicka, Rob Hutchison and Paul Hucker are employees of the Company and have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Peter Ruzicka, Rob Hutchison and Paul Hucker consent to the inclusion in this report of the matters based on their information in the form and context
in which it appears.
onalThe Company confirms that it is not aware of any new information or data that materially affects the information included in this presentation and that ll material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.
2
OVERVIEW
Mt Magnet - Discovery in a mature mining camp | |||
➢ History and geology overview | |||
only | |||
➢ Ramelius discovery success | |||
➢ Current priority exploration targets | |||
➢ Exploration target generation | |||
use | |||
➢ Lessons of the past | |||
onal | RIU EXPLORERS CONFERENCE • FEBRUARY 2022 | 3 | |
onal use only
HISTORY & GEOLOGY
OVERVIEW
MT MAGNET - HISTORY
➢ | Gold discovered at Mt Magnet in 1888 | ||
➢ Iconic Hill 50 mine began operating in 1934, and | |||
only | continued (with minor hiatus) through to 2007 | ||
➢ Hill 50 underground mine exploited to a depth of | |||
1.5km, produced 7.35Mt @ 8.78g/t Au (2.07Moz) | |||
➢ Total Mt Magnet historic production of 44Mt @ 3.95g/t | |||
Au (5.59Moz) through to 2008 (pre-Ramelius) | |||
use➢ Low gold price environment, and near surface resource | |||
onal | depletion ceased production | ||
RIU EXPLORERS CONFERENCE • FEBRUARY 2022 | 5 | ||
This is an excerpt of the original content. To continue reading it, access the original document here.