Investor Presentaiton
81 000mN
North
Rehabilitated Decline
at 1st October
0.5m@319g/t Au
0.3m@214g/t Au
[email protected]/t Au
2.8m @9.40g/t Au
11.1m @7.97g/t Au
3m @ 32.2g/t Au
incl. [email protected]/t Au
2.3m @ 12.8g/t Au
incl. 0.7m @ 37.0g/t Au
5.2m @ 6.31g/t Au
incl. 0.5m @ 49.2g/t Au
4.1m @2.36g/t Au
14.0m @ 3.19g/t Au
4.4m @2.50g/t Au
3.8m @3.87g/t Au
9.3m @4.73g/t Au
surface
200mbs-
400mbs-
600mbs-
MT MAGNET: GALAXY (SATURN & MARS) DEVELOPMENT IN FULL SWING
➤ Galaxy
Decline rehab progressed down below Mars access points
Ore driving commenced, production ramp up during FY24
Resource definition drilling ongoing, with recent results incl*:
2.8m @ 9.40g/t Au
11.1m @ 7.97g/t Au
3.0m @ 32.2g/t Au
5.2m @ 6.31g/t Au
5-year mine plan identified initially with extensions likely
Hill 50
2.1Moz mined historically, Mt Magnet's largest producer
Mineral Resource: 1.9Mt at 6.0g/t Au for 360koz#
Project "on hold" with other Mt Magnet projects prioritised
79 800mN
South
Saturn Pit
0m
200mbs
GALAXY UNDERGROUND MINE
Long Section (Search ±400m)
4.7m @ 5.23g/t Au
1.7m @ 13.0g/t Au
Mine Design
Planned Stopes
-400mbs 7.3m @ 2.75g/t Au
7.8m @ 5.95g/t Au
-600mbs
[email protected]/t Au
72.9m @ 1.84g/t Au
incl. 25.0m @ 3.83g/t Au
800mbs
200m
Local Grid
OPEN
-1,000mbs
Legend
Satum Fault
Mars Pit
OPEN
RAMELIUS
RESOURCES
-1,200mbs
*See RMS ASX Release "June 2023 Quarterly Activities Report", 27 July 2023
#See RMS ASX Release "3 Year Production Outlook & Study Updates", 14 November 2022
Mineral Resource Envelope
Planned Mars & Saturn Stopes
Underground Mine Design
Rehabilitated Decline
Historical Pit Surface
Historical Hill 50 Stope
Historical Hill 50
U/G Development
Interpreted Fault
2mSelect Previous Results
Hill 50 U/G
Recent Drill Hole Trace
Ramelius Drill Hole Trace
Hill 50 Fault
MACQUARIE WESTERN AUSTRALIA FORUM NOVEMBER 2023
800mbs-
1,000mbs-
1,200mbs-
205 Mt Magnet
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