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Ramelius Resources Delivers Mineral Resource Growth

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Ramelius Resources (ASX:RMS) delivered mineral resource growth to 260 million tonnes at 1.7 grams per tonne grade of gold for 14 million ounces of gold as of June 30, up 17% from 12 million ounces last year, according to a Tuesday filing with the Australian bourse.

Ore reserves stood at 70 million tonnes at 1.9 g/t grade of gold for 4.3 million ounces of gold, up 79% from 2.4 million ounces in the year prior, the filing said.

The expanded mineral resource base supports the company's progression toward production of 500,000 ounces per year by fiscal 2030, per the filing.

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Ramelius Resources Delivers Mineral Resource Growth | FINWIRES