• Record Underlying Free Cash Flow of A$174.5M
• Rebecca-Roe Gold Project PFS released, key highlights include 130koz pa average production over initial life of 9 years
• Eridanus / Mt Magnet mill expansion studies ongoing

Ramelius Resources Ltd reported a record underlying free cash flow of A$174.5M in the December 2024 quarter, driven by strong performance at the Mt Magnet and Edna May hubs. Group gold production for the quarter was 85,311 ounces at an AISC of A$1,491/oz. The Mt Magnet hub produced 67,050 ounces at an AISC of A$1,277/oz, while the Edna May hub produced 18,261 ounces at an AISC of A$2,209/oz. The company's full year guidance remains at 270,000 - 300,000 ounces at an AISC of A$1,500 - 1,700/oz. During the quarter, Ramelius released the Pre-Feasibility Study for the Rebecca-Roe Gold Project, which outlined key highlights such as a mine plan consisting of a Production Target of 25Mt at 1.4g/t for 1.1Moz, with an average production of 130koz pa over an initial life of 9 years. The company also provided an update on ongoing Eridanus and Mt Magnet mill expansion studies, which will be incorporated into an updated Mt Magnet Mine Plan in the March 2025 quarter.

Full Year Guidance remains at 270,000 - 300,000 ounces at an AISC of A$1,500 - 1,700/oz.