Ramelius Resources Limited (AU:RMS) has released an update.
Ramelius Resources Limited has reported a significant increase in their Mineral Resources and Ore Reserves as of June 30, 2024, with resources up by 14% and reserves increasing by 18%. The total estimated Mineral Resources are 180 Mt at 1.5 g/t Au, amounting to 8.7 Moz of gold, while the total Ore Reserves are estimated at 20 Mt at 1.6 g/t Au, yielding 1.1 Moz of gold. These increases follow a year of record production, and further growth is anticipated in FY25 due to ongoing exploration and resource conversion projects.
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