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EAGLES NEST

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EAGLES NEST
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location: Australia, Western Australia
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Property News

July 15, 2008
Ramelius Resources reports further results from drilling on the Spargoville Project, 25 kilometres west of Kambalda in the Eastern Goldfields of Western Australia. Since the last update, a total of 7 diamond holes (WDDH0051 – WDDH0057) for 2,033.7 metres have been completed comprising 181.6 metres of rock roller precollars and 1,852.1 metres of drill core. The diamond drilling has been completed predominantly to further define and extend the current underground resource. A 3 m interval in WDDH0052 returned 35.2g/t gold from 190 metres and is located within the current resource on section 8010N. The intercept is located down dip from a previously announced RC interval of 13 metres at 31.6g/t gold (uncut) from 150 metres, (WDRC225).
June 30, 2008
Program of 20 RC drill holes (ENRC0019 – ENRC0038) for 2,167 metres has been completed to follow up on the above significant intersections returned from previous RC drilling. Results include 2g/t Au over 12 m (ENRC0029), 2.9g/t Au over 9 m (ENRC0025), and 1.6g/t Au over 7 m (ENRC0028).
October 31, 2007
RC drilling completed returned 9 metres at 2.2 g/t gold in hole ENRC0016 and 9 metres at 2.0 g/t gold in hole ENRC0017. These results are considered highly encouraging given the wide spaced drill lines and a follow-up drilling program will commence in February 2008.
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