Encouraging signs for Ramelius

Company News

by David Murdoch

Ramelius Resources Limited (ASX:RMS) has announced encouraging results from exploration drilling programs from its operations in Western Australia and Queensland.

The gold miner’s Mt Magnet and Vivien operations in Western Australia have returned high grade intersections.

The company’s North Yandan mine west of Mackay in Queensland is also showing encouraging signs of low sulphidation epithermal vein systems.

The company says drilling continues to prove excellent strike continuity.

Shares in Company Ramelius Resources (ASX:RMS) are trading up 2.47 per cent to 42c