RAMELIUS RESOURCES LIMITED — Capital/Financing Update 2014

Mar 2, 2014

3 March 2014 For Immediate Release

COOGEE EXCEEDS ORE RESERVE

Highlights:

• Coogee open pit successfully completed early and under budget

• Approximately 33% more tonnes mined than planned

• Grade of ore milled to date exceeds expectations

The Directors of WA gold producer, Ramelius Resources Limited (ASX:RMS) are pleased to announce that mining at the Coogee open pit near Kambalda in the Eastern Goldfields of WA has been successfully completed and exceeded budget. The pit was completed to design with ¹ 146,000 tonnes of ore extracted, approximately 33% above the Ore Reserve tonnes .

A total of 62,000 tonnes of the ore has been milled as at the end of February 2014 at an ² average recovered grade of 5.8 g/t Au, compared to the Ore Reserve grade of 5.1 g/t Au .

Coogee ore will continue to be milled at the Burbanks Processing Plant and is expected to be completed in August 2014.

For further information contact:

Mr Ian Gordon Managing Director Ph: 08 9202 1127

¹ ² See RMS ASX Release ‘Resources and Reserves Statement’ - 12/09/2013

The Information in this report that relates to Ore Reserves is based on information compiled by Rob Hutchison. Mr Hutchison is a full time employee of Ramelius Resources Ltd and is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hutchison has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Rob Hutchison consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.