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The Perth Mint
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– Australasia’s
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than 90 per cent of Australasia’s gold production.th processing more
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Tampia is expected to be in production at the start of FY2022 “That Eridanus result shows that you can find significant gold
with upgrades to the mill at Edna May also under way and resources just 4km from the mill,” Zeptner said.
an accommodation camp being built just to the north of the
MINT0272A-FP A4 RefinerOfChoice.indd 1 “We think we’ve got good ground so we’re going to continue to 11/3/20 4:00 pm
Narembeen township in preparation.
MINT0272A-FP A4 RefinerOfChoice.indd 1 pour money into exploration because the reality in the last few 11/3/20 4:00 pm
“Marda and Tampia will be significant contributors in FY2022 years especially, in terms of our resource and reserve growth,
to the Edna May production profile, which is really exciting for is exploration has contributed about half of that growth and the
the future of Edna May itself because we already have such a M&A the other half, whereas there may be a perception out there
large resource there that we’d obviously like to optimise and that it’s all come from M&A, which is not quite the truth.”
maximise,” Zeptner said. With a history of acquiring “bolt-ons” to its two mining centres,
Ramelius remains Ramelius will continue to keep a close eye on what others are
committed to the drill doing near Mt Magnet and Edna May, while also casting its net
bit across its portfolio wider for a potential third production centre that would elevate
with about $25 million the company towards the 400,000 ozpa mark.
set aside for exploration However, Zeptner acknowledged any major acquisition needed
activities in FY2021. to fit the criteria his company has diligently stuck to through all its
Drill rigs are currently successful corporate dealings in the past four years.
turning on all key “Obviously with a third production centre we could be pushing
projects, including closer to 400,000 ozpa, everything else being equal, but that has
the Eridanus open pit to be a longer term project for us because it’s going to be a much
at Mt Magnet where bigger deal and we need to give the team time to work through
the company recently the options and work through the criteria,” Zeptner said.
reported a juicy intercept
“Without being rushed, we’ve got to make sure that it works for
of 245m @ 3 g/t gold
our shareholders.”
Mark Zeptner from 259m.

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