Ramelius declares reserve at Kathleen Valley

old miner Ramelius Resources has reported a maiden ore reserve of 418 000 t, grading 4.1 g/t gold for 56 000 oz of contained gold at its Kathleen Valley gold project, in Western Australia. Recent infill drilling at the project has also resulted in a 24% increase in the total mineral resource at Kathleen Valley, which now stood at 1.84-million tonnes, grading 2.8 g/t gold for 163 000 oz of contained gold.