Background:

Ramelius continues to acquire and seek farm-in and joint venture opportunities throughout the Drummond Basin and the New England Fold Belt in Queensland, extending southwards into NSW as well as the Lachlan Fold Belt in central NSW.

The Company currently has two early stage Exploration Permit for Minerals (EPM) holdings in north Queensland, namely North and South Yandan.

Geology and Mineralisation:

Ramelius is targeting early stage low-sulphidation epithermal vein systems analogous to Pajingo near Charters Towers (>3Moz Au) and intrusive related (IRG) gold systems (including Kidston +5Moz Au and Mt Leyshon +3Moz Au) with its project generation activities along the eastern seaboard of Australia.

 

Location of the North Yandan EPMs in Queensland