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RAMELIUS RESOURCES LIMITED Investor Presentation 2012

Mar 21, 2012

65718_rns_2012-03-21_a323d0d9-d848-4913-8c9a-c17db23bbf2f.pdf

Investor Presentation

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Forward Looking and Competent Persons Statements

Forward looking statements

Competent persons statement

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Ramelius corporate information

Corporate details:

Share price:

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----- Start of picture text -----

400
S&P ASX GOLD
RMS
300
200
100
0
Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12
----- End of picture text -----

Significant shareholders:

Directors: Chairman: Robert Kennedy Managing Director: Ian Gordon Reg Nelson Kevin Lines

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Investment Highlights:

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Project Locations:

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

5

Historical Performance:

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Production Strategy:

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Target Gold Production Oz

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----- Start of picture text -----

200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
-
2013 2014 2015 2016
----- End of picture text -----

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Wattle Dam Gold Mine (WA):

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----- Start of picture text -----

Pit

Drilling from underground ceased due to
Blocks A & B Decline
poor ground conditions in shear Completed with
~180,000 oz
production over
� 100m vertically
Drilling from surface commenced in March

Two surface holes to be completed by April Blocks C & D
mining to
2013

Further work dependent on results
360m below surface
----- End of picture text -----

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Mt Magnet Gold Mine (WA):

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Mt Magnet – significant progress:

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10

Mt Magnet - mining:

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Mars

Saturn

Titan

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11

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Mt Magnet – processing plant

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12

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Mt Magnet – upside potential:

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

13

Vivien Project* (WA) – exciting high grade gold opportunity:

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Vivien Project (WA) - high grade gold opportunity:

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----- Start of picture text -----

� Existing Potential
Significant true width intersections:
Open Pit Open Pit
� 10m @ 31.8 g/t Au
� 5.5m @ 33 g/t Au Resource
� 2.5m @ 78 g/t Au
Potential UG
Development
� 2.1m @ 66 g/t Au
� 4.5m @ 31.2 g/t Au
100m
� 4.7m @ 24.2 g/t Au
----- End of picture text -----

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15

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Coogee Project (WA) – High grade open pit:

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----- Start of picture text -----

� Optimised Open Pit
Significant Intersections include:
� 6m @ 37.8 g/t Au
� 7m @ 31.4 g/t Au
Resource
� 7m @ 19.7 g/t Au
� 6m @ 13.59 g/t Au
� 7m @ 12.1 g/t Au
----- End of picture text -----

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16

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Exploration – North Queensland (earning 60%)

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Exploration – North Queensland (earning 60%)

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Cardigan Dam
Breccia Target
----- End of picture text -----

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Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Exploration - Nevada (earning 70%*)

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  • *Marmota may earn 40% of RMS interest

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19

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Why Invest in Ramelius

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Operations � � Upside Potential

Capital Position

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20

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Mineral Resources

RAMELIUS RESOURCES LTD
MOUNT MAGNET GOLD MINES
Mineral Resource Statement
30/06/2011
RAMELIUS RESOURCES LTD
MOUNT MAGNET GOLD MINES
Mineral Resource Statement
30/06/2011
RAMELIUS RESOURCES LTD
MOUNT MAGNET GOLD MINES
Mineral Resource Statement
30/06/2011
RAMELIUS RESOURCES LTD
MOUNT MAGNET GOLD MINES
Mineral Resource Statement
30/06/2011
Deposit Measured Indicated Inferred Total Resource
Tonnes
('000s)
Au
Au
g/t
Oz
Tonnes
Au
Au
('000s)
g/t
Oz
Tonnes
('000s)
Au
Au
g/t
Oz
Tonnes
Au
Au
('000s)
g/t
Oz
Bartus Group
Boomer
Britannia Well
Bullocks
Eastern Jaspilite
Eclipse
Galaxy
Hesperus
Hesperus West
Hill 50 Deeps
Hill 60
Lone Pine
Morning Star
Morning Star Deeps
O'Meara Group
Shannon
Simmer And Jack
Souvenir Group
Spearmont - Galtee
Saint George UG
Stellar
Welcome - Baxter
Western Queen central
Western Queen South
49
205
146
2,151
8
279
199
75
137
94
2
61
160
222
141
2.2
4,000
2.1
14,000
2.2
10,000
1.7
120,000
1.2
5.5
49,000
2.5
16,000
6.5
16,000
3.1
14,000
2.5
8,000
1.2
6.6
13,000
2.1
11,000
1.6
11,000
3.3
15,000
115
2.1
8,000
754
2.0
48,000
179
2.0
12,000
202
3.3
21,000
121
2.8
11,000
167
2.2
12,000
10,554
1.9
635,000
347
1.5
17,000
932
7.0
209,000
277
1.7
15,000
3,736
2.0
240,000
860
4.9
135,000
79
1.9
5,000
35
2.5
3,000
113
1.7
6,000
25
2.9
2,000
297
4.4
42,000
87
1.9
5,000
276
1.6
15,000
75
1.4
3,000
274
2.5
22,000
238
144
40
134
41
7,569
55
170
396
309
147
4,179
1,763
28
42
455
641
207
68
59
198
139
1.6
12,000
1.9
9,000
2.5
3,000
2.5
11,000
2.1
3,000
1.3
321,000
1.4
2,000
1.8
10,000
6.4
81,000
4.6
46,000
1.7
8,000
2.2
299,000
4.1
234,000
1.6
1,000
2.6
3,000
1.5
22,000
1.5
32,000
4.3
28,000
3.3
7,000
1.8
3,000
1.8
11,000
1.4
6,000
402
1.8
23,000
1,103
2.0
70,000
179
2.0
12,000
242
3.2
25,000
401
2.4
32,000
208
2.1
14,000
20,274
1.6
1,075,000
410
1.5
20,000
170
1.8
10,000
1,607
6.6
340,000
309
4.6
46,000
623
1.9
38,000
7,915
2.1
539,000
2,697
4.4
385,000
245
2.6
20,000
170
2.5
14,000
455
1.5
22,000
755
1.5
38,000
232
4.1
31,000
425
4.5
62,000
306
2.0
19,000
696
1.7
37,000
214
1.4
10,000
415
2.8
37,000
Sub Total In situ 3,929 2.4
301,000
19,503
2.3
1,466,000
17,022 2.1
1,152,000
40,454
2.2
2,919,000
STOCKPILES
Brown Hill
Hill 50 Tails
Long Reef Tails
Lindsays' Reward
Welcome/Baxter tails
Hesperus LG
412
81
1.0
13,000
0.7
2,000
87
0.8
2,000
654
0.9
19,000
59
1.0
2,000
7
1.0
4
0.6
100 1.3
4,000
87
0.8
2,000
1,166
1.0
36,000
59
1.0
2,000
7
1.0
4
81
0.7
2,000
Stockpiles 493 0.9
15,000
811
0.9
23,000
100 1.2
4,000
1,403
0.9
42,000
TOTAL RESOURCES 4,421 2.2
316,000
20,314
2.3
1,489,000
17,122 2.1
1,156,000
41,857
2.2
2,961,000

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21

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012

Ore Reserves

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----- Start of picture text -----

RAMELIUS RESOURCES LTD
MOUNT MAGNET GOLD MINES
Ore Reserve Statement
30/06/2011
Pit Proven Probable Total Reserve
Tonnes Au Au Tonnes Au Au Tonnes Au Au
('000s) g/t Oz ('000s) g/t Oz ('000s) g/t Oz
Galaxy pits
Saturn 824 1.8 47,000 1,253 1.4 57,000 2,078 1.5 103,000
Mars 225 2.1 15,000 771 2.1 52,000 996 2.1 67,000
Titan 713 1.4 32,000 207 1.2 8,000 920 1.4 40,000
Perseverance 1,660 2.4 126,000 1,660 2.4 126,000
Vegas 44 1.3 2,000 44 1.3 2,000
Browns Hill 114 1.7 6,000 114 1.7 6,000
Morning Star cutbacks
Morning Star 1,094 1.8 62,000 1,094 1.8 62,000
Mt Magnet Satellite pits
Boomer 726 1.7 40,000 726 1.7 40,000
Hesperus 403 1.2 16,000 403 1.2 16,000
Lone Pine 439 1.7 24,000 439 1.7 24,000
O'Meara 271 2.1 18,000 271 2.1 18,000
Welcome Baxter 250 1.4 11,000 250 1.4 11,000
Western Queen
Western Queen South 360 2.6 30,000 360 2.6 30,000
1,762 1.7 94,000 7,591 1.9 452,000 9,353 1.8 545,000
----- End of picture text -----

Ore Reserve Notes:

Ore reserves have been reported from Measured and Indicated resources only. Figures are rounded to appropriate significant figures. Ore reserves have been calculated from a number of internal and external mining optimisation studies using appropriate cost, geotechnical and design criteria, dilution, cutoff and recovery parameters. Whittle pit optimisation shells were generated utilising these parameters and practical pit designs were then generated. Lower cutoff used is 0.7 g/t.

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22

Ramelius Resources Limited • INVESTOR PRESENTATION • March 2012