The good news keeps on pouring in for Ramelius.

( I think we can start to imagine that Saturn and Mars may be part of a giant system…. )

The post down the page talks about the area outlined in red dots… and that gave the bonanza grade of 7.15m at 43.7 gm/ton.

Today’s announcement is about the area we have shaded in yellow in the image below.

Additional High Grade Gold Intercept at Mt Magnet
The Board of Directors of Ramelius Resources Limited (ASX: RMS) is pleased to announce a further significant high grade gold intersection in drill hole GXRC1109 adjacent to the Mercury Lode and beneath the Mars pit at the Mt Magnet gold project (WA). The intersection returned the following grade from 115m downhole:

26m @ 8.83 g/t Au (including 6m @ 31.1 g/t Au and including 1m @ 86.3 g/t Au)

Reverse circulation drill hole GXRC1109 was part of a continuing RC and diamond drill hole programme designed to scope the resource potential of a new blind high grade ore shoot adjacent to the Mercury Lode. The high grade (plus 60 gram x metre) Mercury Lode has been intersected from 100m below surface and 50m below the existing Mars open pit.
The drill hole intersection in GXRC1109 is significant because it vindicates the search and successful discovery of buried high grade banded iron mineralisation 40m west of the previously reported Mercury Lode intersections at shallow depths below the base of the Mars Pit. The intersection remains open down dip and along strike to the north.