Ramelius Resources has released a key update on the integration of the Dalgaranga gold mine into its Mt Magnet hub, delivering promising new underground drill results.
With Dalgaranga – located 475km northeast of Perth and 80km northwest of Mt Magnet – changing hands, the high-grade Never Never and Pepper deposits are being integrated into Ramelius’ portfolio.
Infill drilling results at Dalgaranga since the acquisition have delivered assays such as 25.4m at 11.4 grams per tonne (g/t) gold (Au) from 22.5m, and 43.5m at 11.7g/t Au at 207m at Never Never, and 29.7m at 2.94g/t from 225m at Pepper.
Alongside these results, the Juniper decline reached the Never Never orebody in late July, with development progressing to plan.
“The infill drilling program at Never Never and Pepper has continued to validate the geological model and deliver exciting results as we look to incorporate the Dalgaranga underground mine into the Mt Magnet hub,” Ramelius managing director Mark Zeptner said.
“We will continue to provide Dalgaranga and Mt Magnet updates as we aspire to make this one of Australia’s top gold production centres.”
The Dalgaranga integration pre-feasibility study (PFS) remains on track for delivery in the fourth quarter of 2025, alongside the Rebecca-Roe definitive feasibility study (DFS).
A total of $80 million has been allocated for 2025–26 financial year (FY26) drilling across the Mt Magnet hub, including $19 million at Dalgaranga.
Ramelius completed the acquisition of Spartan Resources in July, bringing the Dalgaranga gold project into its portfolio to help the company become a 500,000-ounce producer by FY30.
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