• Quarterly gold production of 73,454oz, exceeding upgraded guidance
• Full year gold production of 301,664oz, exceeding upgraded guidance
• Quarterly underlying free cash flow of A$207.8M

Ramelius Resources Limited (ASX: RMS) has achieved a production record of 301,664 ounces for FY25, exceeding the upper end of the upgraded Guidance range of 290,000 - 300,000 ounces. The company expects the full year all-in sustaining costs (AISC) will be at the lower end of the upgraded Guidance range of A$1,550 - 1,650/oz. These production and indicative cost results for FY25 mark the fifth straight year of Guidance being met. During the Quarter, the Company generated underlying free cash flow of A$207.8M, before a maiden interim dividend payment of $26.9M and income tax payments of $28.3M, ending the Quarter with cash & gold of A$809.7M. Managing Director, Mark Zeptner, stated that the operations team has achieved a second consecutive year of record gold production and cash generation, cracking the 300,000 ounce mark for the first time. The company is also working towards completion of its previously announced transaction with Spartan Resources, aiming to embrace their exploration DNA which led to the discovery of the highest-grade undeveloped gold project in Australia.

Full year gold production of 301,664oz, exceeding the upper end of the upgraded guidance range of 290,000 - 300,000 ounces. Full year all-in sustaining costs (AISC) expected to be at the lower end of the upgraded guidance range of A$1,550 - 1,650/oz.

The company is working towards completion of its previously announced transaction with Spartan Resources, aiming to embrace their exploration DNA which led to the discovery of the highest-grade undeveloped gold project in Australia.