Share your experienceShare
Latest decoded Best drill results Compare results ASX gold stocks ASX copper stocks Red flags Cash runway Markets Community Calculators Guides Share your experience
Theme
Gold3,886+0.0%Gold A$5,737+0.5%Copper6.090-1.5%Silver49.12-1.7%AUD/USD0.6774-0.5%US dollar103.41+0.2%US 10Y5.154+1.0%Oil88.56-0.2%ASX Gold18,101-2.5%ASX 2009,082-0.7%ASX Mining7,833-1.6%GDX81.64-0.2%GDXJ99.02-0.6%COPX69.23-2.5%NST$25.39-2.8%EVN$13.02-2.9%SFR$19.48-3.9%PRU$6.35-1.7%GMD$7.05-4.7%GGP$10.36-2.9%RMS$3.68-2.7%CMM$13.63-1.7%WGX$5.71-1.7%RRL$6.65-1.8%

Quarterly - ASX:RMS

Ramelius Sept quarter: 48,839oz at A$2,656/oz AISC, FY27 guidance kept, high-grade drill hits added

Ramelius produced 48,839 oz of gold at an AISC of A$2,656/oz in the September quarter, down on June, after wet weather disrupted haulage from Penny. The company says FY27 guidance of 205,000-225,000 oz at A$2,150-2,350/oz is still on track, but the quarter's cost sits above that range. Cash and gold rose to A$768m after the Edna May sale, and the drill tables add high-grade intercepts at Galaxy, Dalgaranga and Gilbey's, though the batch size and grade-control reporting are unclear.

(price sensitive) - Ramelius Resources announced: "September 2026 Quarterly Activities Report" (30 pages) - read the original

89StandoutMixed
Best intercept674.2 g-m4.9m @ 137.6g/t Au from 85m Stellar
DisclosureCleanagainst the ASX's focus areas
Day-1 reaction+1.5%-1.4% vs the XGD
Gold on the dayA$5,709US$4,008/oz

What investors must know

  1. Gold output was 48,839 oz at an AISC of A$2,656/oz, against 53,466 oz at A$1,973/oz in the June quarter. Penny haulage was hit by wet weather and milled grades fell.
  2. FY27 guidance of 205,000-225,000 oz and AISC of A$2,150-2,350/oz is reaffirmed. The first quarter's 49,000 oz and A$2,656/oz are both outside that run-rate, so later quarters must improve.
  3. Cash of A$740.0m plus bullion of A$28.0m gave net cash and gold of A$768.0m at 30 September, with A$275.3m of listed investments on top. Operating cash flow was A$186.4m and underlying free cash flow A$62.1m.
  4. Drill tables add 65 holes of diamond core, including the best new intercept of 4.9m at 137.6 g/t Au from 85.1m in NNGC26108 and 1.0m at 264 g/t Au in GXYD0937.
  5. The Edna May sale completed for A$300m (A$210m cash and A$90m in Forrestania shares). Income tax of A$45-55m is due in December 2026.
  6. Stage 2 processing (new 3Mtpa Circuit 2) is contracted to Primero on a lump-sum basis for about 90% of processing capital, with completion targeted for the December 2027 quarter.

The drill intercepts, normalised

Best hit674 gram-metresStellar4.9m @ 137.6g/t Au from 85m in NNGC26108

Stellar - the kind of hit that makes a company. Few ASX holes ever get here.

How this hit compares

Top 1%of ASX gold hits

Better than 100% of the 317 gold intercepts DrillScore has decoded in the past 12 months.

Top 1%at its depth

Among hits starting 0-150 m down-hole - open-pit reach: the cheapest ounces to mine - better than 100% of 113.

Improvingfor RMS

Best hit 674 g-m against an average of 92.0 g-m in the previous 1 drill result (7.3x).

Every gold hit DrillScore has decoded, by depth - this announcement
ShallowMidDeepVery deep10 modest50 good100 really good200 excellent500 stellar11010010000m50m150m400m800m1200m1600m2000mdown-hole depth where the interval startsgram-metres (log)EVN RDU0298: 3m @ 11.4g/t Au from 553m = 34.3 g-m (Modest), 15 Sep 2026EVN E41D2969: 20m @ 1.55g/t Au from 456m = 31.0 g-m (Modest), 15 Sep 2026EVN E41D2969: 15.2m @ 2.05g/t Au from 685m = 31.2 g-m (Modest), 15 Sep 2026EVN E41D2969: 21m @ 1.19g/t Au from 515m = 25.0 g-m (Modest), 15 Sep 2026EVN E41D2248: 10m @ 2.11g/t Au from 205m = 21.1 g-m (Modest), 15 Sep 2026EVN E41D2969: 17.1m @ 1.19g/t Au from 729m = 20.3 g-m (Modest), 15 Sep 2026EVN E41D2969: 14m @ 1.17g/t Au from 547m = 16.4 g-m (Modest), 15 Sep 2026EVN E41D2969: 3m @ 5.37g/t Au from 960m = 16.1 g-m (Modest), 15 Sep 2026EVN E41D2969: 6m @ 2.38g/t Au from 415m = 14.3 g-m (Modest), 15 Sep 2026EVN EH1554A: 61.3m @ 0.770g/t Au from 2,121m = 47.2 g-m (Modest), 15 Sep 2026SFR CCM-91: 22.5m @ 0.700g/t Au from 311m = 15.8 g-m (Modest), 27 Oct 2026SFR CCM-94: 30m @ 0.900g/t Au from 323m = 27.0 g-m (Modest), 27 Oct 2026PRU PRC0242: 35m @ 3.79g/t Au from 29m = 133 g-m (Really good), 30 Jul 2026PRU PRC0241: 17m @ 7.68g/t Au from 19m = 131 g-m (Really good), 30 Jul 2026PRU ZARC0137: 3m @ 37.6g/t Au from 46m = 113 g-m (Really good), 30 Jul 2026PRU PRC0250: 25m @ 3.09g/t Au from 70m = 77.3 g-m (Good), 30 Jul 2026PRU ZARC0137: 14m @ 5.37g/t Au from 75m = 75.2 g-m (Good), 30 Jul 2026PRU YRC3459: 16m @ 3.91g/t Au from 0m = 62.6 g-m (Good), 30 Jul 2026PRU ZARC0136: 13m @ 4.78g/t Au from 64m = 62.1 g-m (Good), 30 Jul 2026PRU ZARC0133: 5m @ 12.1g/t Au from 55m = 60.7 g-m (Good), 30 Jul 2026PRU PRC0245: 36m @ 1.38g/t Au from 19m = 49.7 g-m (Modest), 30 Jul 2026PRU PWKRDD0012: 12m @ 4.02g/t Au from 64m = 48.2 g-m (Modest), 30 Jul 2026PRU PWKRC0040: 19m @ 1.56g/t Au from 28m = 29.6 g-m (Modest), 30 Jul 2026PRU YRC3453: 8m @ 2.94g/t Au from 36m = 23.5 g-m (Modest), 30 Jul 2026PRU PWKRC0043: 19m @ 1.19g/t Au from 46m = 22.6 g-m (Modest), 30 Jul 2026PRU ZARC0137: 7m @ 3.20g/t Au from 94m = 22.4 g-m (Modest), 30 Jul 2026PRU YRC3460: 8m @ 2.77g/t Au from 18m = 22.2 g-m (Modest), 30 Jul 2026PRU YRC3465: 18m @ 0.970g/t Au from 0m = 17.5 g-m (Modest), 30 Jul 2026PRU YRC3452: 11m @ 1.31g/t Au from 24m = 14.4 g-m (Modest), 30 Jul 2026PRU IFURC0010: 12m @ 1.17g/t Au from 34m = 14.0 g-m (Modest), 30 Jul 2026PRU YRC3519: 21m @ 0.640g/t Au from 15m = 13.4 g-m (Modest), 30 Jul 2026PRU YRC3514: 5m @ 2.21g/t Au from 9m = 11.1 g-m (Modest), 30 Jul 2026PRU YRC3508: 3m @ 3.43g/t Au from 22m = 10.3 g-m (Modest), 30 Jul 2026PRU IFURC0013: 8m @ 1.22g/t Au from 82m = 9.8 g-m (Low), 30 Jul 2026PRU ZARC0133: 3m @ 2.18g/t Au from 63m = 6.5 g-m (Low), 30 Jul 2026PRU IFURC0013: 10m @ 0.640g/t Au from 62m = 6.4 g-m (Low), 30 Jul 2026PRU IFURC0012: 4m @ 1.11g/t Au from 118m = 4.4 g-m (Low), 30 Jul 2026PRU PWKRC0041: 1m @ 1.67g/t Au from 74m = 1.7 g-m (Low), 30 Jul 2026PRU PWKRC0048: 1m @ 1.22g/t Au from 20m = 1.2 g-m (Low), 30 Jul 2026PRU YRC3427: 7m @ 29.8g/t Au from 145m = 209 g-m (Excellent), 17 Jul 2026PRU YRC3423: 40m @ 2.26g/t Au from 92m = 90.4 g-m (Good), 17 Jul 2026PRU YRC3364: 8m @ 7.35g/t Au from 126m = 58.8 g-m (Good), 17 Jul 2026PRU YDD0714: 15.7m @ 3.36g/t Au from 644m = 52.8 g-m (Good), 17 Jul 2026PRU YDD0714: 17.3m @ 2.23g/t Au from 621m = 38.5 g-m (Modest), 17 Jul 2026PRU YRC3401: 6m @ 6.33g/t Au from 78m = 38.0 g-m (Modest), 17 Jul 2026PRU YRC3316: 2m @ 18.7g/t Au from 185m = 37.4 g-m (Modest), 17 Jul 2026PRU YDD0713: 13.9m @ 2.65g/t Au from 743m = 36.8 g-m (Modest), 17 Jul 2026PRU YRC3369D: 16m @ 2.04g/t Au from 185m = 32.6 g-m (Modest), 17 Jul 2026PRU YRC3371: 26m @ 1.19g/t Au from 144m = 30.9 g-m (Modest), 17 Jul 2026PRU YRC3367: 2m @ 15.2g/t Au from 40m = 30.4 g-m (Modest), 17 Jul 2026PRU YRC3307: 6m @ 4.99g/t Au from 0m = 29.9 g-m (Modest), 17 Jul 2026PRU YRC3327: 8m @ 2.71g/t Au from 201m = 21.7 g-m (Modest), 17 Jul 2026PRU YRC3315: 2m @ 9.96g/t Au from 37m = 19.9 g-m (Modest), 17 Jul 2026PRU YRC3369D: 4m @ 4.51g/t Au from 11m = 18.0 g-m (Modest), 17 Jul 2026PRU YRC3370: 6m @ 3.05g/t Au from 171m = 18.3 g-m (Modest), 17 Jul 2026PRU YRC3503: 14m @ 1.30g/t Au from 114m = 18.2 g-m (Modest), 17 Jul 2026PRU YRC3430: 2m @ 9.00g/t Au from 40m = 18.0 g-m (Modest), 17 Jul 2026PRU YDD0713: 16m @ 1.09g/t Au from 141m = 17.4 g-m (Modest), 17 Jul 2026PRU YDD0714: 6.9m @ 2.46g/t Au from 235m = 16.9 g-m (Modest), 17 Jul 2026PRU YRC3391: 5m @ 3.32g/t Au from 171m = 16.6 g-m (Modest), 17 Jul 2026PRU YRC3336: 7m @ 2.36g/t Au from 91m = 16.5 g-m (Modest), 17 Jul 2026PRU YRC3391: 10m @ 1.65g/t Au from 210m = 16.5 g-m (Modest), 17 Jul 2026PRU YDD0714: 8m @ 1.93g/t Au from 362m = 15.4 g-m (Modest), 17 Jul 2026PRU YRC3362: 16m @ 0.890g/t Au from 139m = 14.2 g-m (Modest), 17 Jul 2026PRU YRC3432: 14m @ 1.05g/t Au from 19m = 14.7 g-m (Modest), 17 Jul 2026PRU YRC3365: 5m @ 2.90g/t Au from 80m = 14.5 g-m (Modest), 17 Jul 2026PRU YRC3361: 11m @ 1.18g/t Au from 89m = 13.0 g-m (Modest), 17 Jul 2026PRU YRC3444: 10m @ 1.35g/t Au from 137m = 13.5 g-m (Modest), 17 Jul 2026PRU YRC3443: 11m @ 1.09g/t Au from 42m = 12.0 g-m (Modest), 17 Jul 2026PRU YRC3288: 6m @ 1.96g/t Au from 96m = 11.8 g-m (Modest), 17 Jul 2026PRU YRC3371: 3m @ 4.07g/t Au from 79m = 12.2 g-m (Modest), 17 Jul 2026PRU YRC3363: 6m @ 1.82g/t Au from 216m = 10.9 g-m (Modest), 17 Jul 2026PRU YRC3363: 2m @ 5.09g/t Au from 78m = 10.2 g-m (Modest), 17 Jul 2026PRU YRC3498: 6m @ 1.89g/t Au from 108m = 11.3 g-m (Modest), 17 Jul 2026PRU YRC3390: 2m @ 5.81g/t Au from 169m = 11.6 g-m (Modest), 17 Jul 2026PRU YRC3300: 6m @ 1.87g/t Au from 34m = 11.2 g-m (Modest), 17 Jul 2026PRU YRC3390: 13m @ 0.850g/t Au from 148m = 11.1 g-m (Modest), 17 Jul 2026PRU YDD0714: 3.7m @ 2.90g/t Au from 111m = 10.7 g-m (Modest), 17 Jul 2026PRU YRC3497: 6m @ 1.80g/t Au from 120m = 10.8 g-m (Modest), 17 Jul 2026PRU YRC3339: 2m @ 5.39g/t Au from 67m = 10.8 g-m (Modest), 17 Jul 2026PRU YRC3365: 7m @ 1.49g/t Au from 208m = 10.4 g-m (Modest), 17 Jul 2026PRU YRC3498: 4m @ 2.57g/t Au from 29m = 10.3 g-m (Modest), 17 Jul 2026PRU YRC3363: 8m @ 1.21g/t Au from 200m = 9.7 g-m (Low), 17 Jul 2026PRU YRC3391: 4m @ 2.35g/t Au from 68m = 9.4 g-m (Low), 17 Jul 2026PRU YRC3500: 6m @ 1.58g/t Au from 6m = 9.5 g-m (Low), 17 Jul 2026PRU YRC3499: 4m @ 2.40g/t Au from 25m = 9.6 g-m (Low), 17 Jul 2026PRU YRC3419: 10m @ 0.950g/t Au from 133m = 9.5 g-m (Low), 17 Jul 2026PRU YRC3390: 4m @ 2.36g/t Au from 212m = 9.4 g-m (Low), 17 Jul 2026PRU YRC3280: 3m @ 3.07g/t Au from 212m = 9.2 g-m (Low), 17 Jul 2026PRU YRC3399: 3m @ 3.06g/t Au from 2m = 9.2 g-m (Low), 17 Jul 2026PRU YRC3356: 5m @ 1.85g/t Au from 48m = 9.3 g-m (Low), 17 Jul 2026RMS GXYD0602: 4.1m @ 22.4g/t Au from 464m = 92.0 g-m (Good), 29 Apr 2026RMS GXYD0597: 8.1m @ 10.3g/t Au from 110m = 83.0 g-m (Good), 29 Apr 2026RMS GXYD0599: 12.5m @ 3.62g/t Au from 448m = 45.3 g-m (Modest), 29 Apr 2026RMS GXYD0601: 14.2m @ 3.07g/t Au from 474m = 43.6 g-m (Modest), 29 Apr 2026RMS GXYD0599: 22.2m @ 1.94g/t Au from 469m = 43.1 g-m (Modest), 29 Apr 2026RMS GXYD0599: 26.1m @ 1.63g/t Au from 53m = 42.5 g-m (Modest), 29 Apr 2026RMS GXYD0599: 16.7m @ 2.43g/t Au from 502m = 40.6 g-m (Modest), 29 Apr 2026RMS GXYD0603: 22m @ 1.49g/t Au from 478m = 32.8 g-m (Modest), 29 Apr 2026RMS RPWDD063: 0.8m @ 39.8g/t Au from 137m = 31.4 g-m (Modest), 29 Apr 2026RMS GXYD0606: 7m @ 4.46g/t Au from 303m = 31.2 g-m (Modest), 29 Apr 2026RMS GXYD0601: 19.3m @ 1.44g/t Au from 68m = 27.8 g-m (Modest), 29 Apr 2026RMS GXYD0599: 6.1m @ 4.31g/t Au from 531m = 26.3 g-m (Modest), 29 Apr 2026RMS GXYD0599: 4.2m @ 3.94g/t Au from 435m = 16.5 g-m (Modest), 29 Apr 2026RMS GXYD0606: 8m @ 1.90g/t Au from 536m = 15.2 g-m (Modest), 29 Apr 2026RMS GXYD0597: 14m @ 1.04g/t Au from 55m = 14.6 g-m (Modest), 29 Apr 2026RMS GXYD0606: 5m @ 2.48g/t Au from 528m = 12.4 g-m (Modest), 29 Apr 2026RMS GXYD0597: 9m @ 1.31g/t Au from 418m = 11.8 g-m (Modest), 29 Apr 2026RMS GXYD0606: 5.1m @ 1.85g/t Au from 368m = 9.4 g-m (Low), 29 Apr 2026RMS GXYD0602: 1m @ 9.28g/t Au from 60m = 9.3 g-m (Low), 29 Apr 2026RMS GXYD0599: 3.3m @ 2.61g/t Au from 494m = 8.6 g-m (Low), 29 Apr 2026RMS GXYD0606: 2.2m @ 3.77g/t Au from 397m = 8.3 g-m (Low), 29 Apr 2026RMS GXYD0599: 3.4m @ 2.36g/t Au from 442m = 8.0 g-m (Low), 29 Apr 2026RMS GXYD0603: 4m @ 1.54g/t Au from 301m = 6.2 g-m (Low), 29 Apr 2026RMS GXYD0606: 7.4m @ 0.810g/t Au from 290m = 6.0 g-m (Low), 29 Apr 2026RMS GXYD0606: 2.7m @ 2.11g/t Au from 390m = 5.7 g-m (Low), 29 Apr 2026RMS GXYD0602: 4m @ 1.39g/t Au from 471m = 5.6 g-m (Low), 29 Apr 2026RMS GXYD0602: 1.7m @ 3.25g/t Au from 330m = 5.5 g-m (Low), 29 Apr 2026RMS GXYD0599: 2.8m @ 1.96g/t Au from 465m = 5.5 g-m (Low), 29 Apr 2026RMS GXYD0606: 3m @ 1.67g/t Au from 458m = 5.0 g-m (Low), 29 Apr 2026RMS GXYD0601: 2.1m @ 2.36g/t Au from 462m = 5.0 g-m (Low), 29 Apr 2026RMS GXYD0601: 1m @ 4.47g/t Au from 183m = 4.5 g-m (Low), 29 Apr 2026RMS GXYD0606: 4m @ 1.01g/t Au from 40m = 4.0 g-m (Low), 29 Apr 2026RMS GXYD0606: 1.8m @ 1.66g/t Au from 500m = 3.0 g-m (Low), 29 Apr 2026RMS GXYD0606: 2m @ 1.31g/t Au from 342m = 2.6 g-m (Low), 29 Apr 2026RMS RPWDD061: 0.3m @ 0.580g/t Au from 131m = 0.2 g-m (Low), 29 Apr 2026CMM CMRC2552D: 3m @ 89.9g/t Au from 120m = 270 g-m (Excellent), 29 Oct 2026CMM CMRC2635D: 21.8m @ 9.54g/t Au from 371m = 208 g-m (Excellent), 29 Oct 2026CMM: 3m @ 15.4g/t Au from 356m = 46.3 g-m (Modest), 29 Oct 2026CMM CMRC2540D: 7.8m @ 5.47g/t Au from 312m = 42.6 g-m (Modest), 29 Oct 2026CMM CMRC2524D: 10.1m @ 4.36g/t Au from 490m = 44.1 g-m (Modest), 29 Oct 2026CMM CMRC2553D: 12.2m @ 2.33g/t Au from 319m = 28.4 g-m (Modest), 29 Oct 2026CMM CMRC2552D: 14.5m @ 1.44g/t Au from 278m = 20.9 g-m (Modest), 29 Oct 2026CMM CMRC2555D: 6m @ 57.4g/t Au from 616m = 344 g-m (Excellent), 26 Oct 2026CMM CMRC3143D: 7m @ 40.0g/t Au from 401m = 280 g-m (Excellent), 26 Oct 2026CMM CMRC2552D: 3m @ 89.9g/t Au from 120m = 270 g-m (Excellent), 26 Oct 2026CMM CMRC2635D: 21.8m @ 9.54g/t Au from 371m = 208 g-m (Excellent), 26 Oct 2026CMM CMRC2612D: 29.5m @ 6.65g/t Au from 761m = 196 g-m (Really good), 26 Oct 2026CMM CMRC3145D: 3.4m @ 56.0g/t Au from 294m = 189 g-m (Really good), 26 Oct 2026CMM CMRC2648D: 9m @ 18.5g/t Au from 175m = 166 g-m (Really good), 26 Oct 2026CMM CMRC2539D: 6.8m @ 20.2g/t Au from 289m = 137 g-m (Really good), 26 Oct 2026CMM CMRC2412D: 14.5m @ 8.44g/t Au from 501m = 122 g-m (Really good), 26 Oct 2026CMM CMRC2619D: 41m @ 2.65g/t Au from 260m = 109 g-m (Really good), 26 Oct 2026CMM CMRC2538D: 10.7m @ 9.13g/t Au from 160m = 98.1 g-m (Good), 26 Oct 2026CMM CMRC2412D: 20m @ 4.69g/t Au from 364m = 93.8 g-m (Good), 26 Oct 2026CMM CMRC2558D: 32.5m @ 2.64g/t Au from 518m = 85.8 g-m (Good), 26 Oct 2026CMM CMRC2537D: 5.1m @ 15.4g/t Au from 238m = 78.6 g-m (Good), 26 Oct 2026CMM CMRC2622DW1: 23.3m @ 3.14g/t Au from 556m = 73.3 g-m (Good), 26 Oct 2026CMM CMRC2642DW1: 34.8m @ 2.10g/t Au from 584m = 73.1 g-m (Good), 26 Oct 2026CMM CMRC2619D: 6.4m @ 9.21g/t Au from 242m = 58.9 g-m (Good), 26 Oct 2026CMM CMRC2541D: 4.5m @ 13.0g/t Au from 241m = 57.9 g-m (Good), 26 Oct 2026CMM CMRC2538D: 1.6m @ 32.7g/t Au from 176m = 52.3 g-m (Good), 26 Oct 2026CMM CMRC2536D: 10m @ 5.18g/t Au from 264m = 51.8 g-m (Good), 26 Oct 2026CMM CMRC2587: 5m @ 9.71g/t Au from 107m = 48.6 g-m (Modest), 26 Oct 2026CMM CMRC2630D: 6m @ 8.08g/t Au from 92m = 48.5 g-m (Modest), 26 Oct 2026CMM CMRC2536D: 3m @ 15.4g/t Au from 356m = 46.3 g-m (Modest), 26 Oct 2026CMM CMRC3122: 16m @ 2.88g/t Au from 170m = 46.1 g-m (Modest), 26 Oct 2026CMM CMRC2608D: 5.0m @ 9.18g/t Au from 489m = 46.0 g-m (Modest), 26 Oct 2026CMM CMRC2610D: 28m @ 1.60g/t Au from 505m = 44.8 g-m (Modest), 26 Oct 2026CMM CMRC2524D: 10.1m @ 4.36g/t Au from 490m = 44.1 g-m (Modest), 26 Oct 2026CMM CMRC2628D: 18.8m @ 2.35g/t Au from 400m = 44.1 g-m (Modest), 26 Oct 2026CMM CMRC2540D: 7.8m @ 5.47g/t Au from 312m = 42.6 g-m (Modest), 26 Oct 2026CMM CMRC2622D: 17.1m @ 2.49g/t Au from 646m = 42.6 g-m (Modest), 26 Oct 2026CMM CMRC2533D: 13.5m @ 3.10g/t Au from 422m = 41.8 g-m (Modest), 26 Oct 2026CMM CMRC2574: 11m @ 3.46g/t Au from 228m = 38.1 g-m (Modest), 26 Oct 2026CMM CMRC2608D: 10.1m @ 3.68g/t Au from 328m = 37.2 g-m (Modest), 26 Oct 2026CMM CMRC2622D: 12.6m @ 2.84g/t Au from 617m = 35.6 g-m (Modest), 26 Oct 2026CMM CMRC2535D: 9m @ 3.89g/t Au from 66m = 35.0 g-m (Modest), 26 Oct 2026CMM CMRC3143D: 20.7m @ 1.68g/t Au from 351m = 34.7 g-m (Modest), 26 Oct 2026CMM CMRC2557D: 2.6m @ 13.5g/t Au from 842m = 34.5 g-m (Modest), 26 Oct 2026CMM CMRC2625D: 2.8m @ 12.2g/t Au from 750m = 34.3 g-m (Modest), 26 Oct 2026CMM CMRC2535DW1: 7.3m @ 4.41g/t Au from 268m = 32.0 g-m (Modest), 26 Oct 2026CMM CMRC2628D: 19m @ 1.67g/t Au from 364m = 31.7 g-m (Modest), 26 Oct 2026CMM CMRC2618D: 4m @ 7.42g/t Au from 64m = 29.7 g-m (Modest), 26 Oct 2026CMM CMRC2536DW1: 7.9m @ 3.60g/t Au from 260m = 28.4 g-m (Modest), 26 Oct 2026CMM CMRC2553D: 12.2m @ 2.33g/t Au from 319m = 28.4 g-m (Modest), 26 Oct 2026CMM CMRC2543D: 1m @ 28.1g/t Au from 89m = 28.1 g-m (Modest), 26 Oct 2026CMM CMRC2640DW1: 2.9m @ 9.76g/t Au from 528m = 27.8 g-m (Modest), 26 Oct 2026CMM CMRC2616DW1: 7m @ 3.90g/t Au from 459m = 27.3 g-m (Modest), 26 Oct 2026CMM CMRC2535D: 6m @ 4.43g/t Au from 30m = 26.6 g-m (Modest), 26 Oct 2026CMM CMRC2555D: 11.3m @ 2.36g/t Au from 630m = 26.6 g-m (Modest), 26 Oct 2026CMM CMRC3138DW1: 1.1m @ 21.6g/t Au from 373m = 24.2 g-m (Modest), 26 Oct 2026CMM CMRC2548D: 4m @ 5.99g/t Au from 19m = 24.0 g-m (Modest), 26 Oct 2026CMM CMRC2592: 5m @ 4.78g/t Au from 41m = 23.9 g-m (Modest), 26 Oct 2026CMM CMRC2605D: 9m @ 2.65g/t Au from 51m = 23.9 g-m (Modest), 26 Oct 2026CMM CMRC2634D: 7m @ 3.34g/t Au from 72m = 23.4 g-m (Modest), 26 Oct 2026CMM CMRC3136D: 7.6m @ 3.08g/t Au from 499m = 23.4 g-m (Modest), 26 Oct 2026CMM CMRC2552D: 14.5m @ 1.44g/t Au from 278m = 20.9 g-m (Modest), 26 Oct 2026CMM CMRC2471: 15m @ 14.6g/t Au from 181m = 219 g-m (Excellent), 31 Jul 2026CMM CMRC2302D: 13.1m @ 13.9g/t Au from 715m = 183 g-m (Really good), 31 Jul 2026CMM CMRC2302D: 4m @ 41.1g/t Au from 190m = 164 g-m (Really good), 31 Jul 2026CMM RDRC137: 24m @ 5.96g/t AuEq from 522m = 143 g-m (Really good), 31 Jul 2026CMM RDRC137: 24m @ 5.24g/t Au from 522m = 126 g-m (Really good), 31 Jul 2026CMM CMRC1789: 5m @ 19.4g/t Au from 109m = 97.1 g-m (Good), 31 Jul 2026CMM not identified: 27.5m @ 3.24g/t Au from 439m = 89.1 g-m (Good), 31 Jul 2026CMM RDRC080: 72m @ 1.18g/t AuEq from 377m = 85.0 g-m (Good), 31 Jul 2026CMM RDRC080: 72m @ 0.550g/t Au from 377m = 39.6 g-m (Modest), 31 Jul 2026CMM CMRC3034: 19m @ 4.38g/t Au from 239m = 83.2 g-m (Good), 31 Jul 2026CMM CMRC2187D: 35.2m @ 2.31g/t Au from 350m = 81.3 g-m (Good), 31 Jul 2026CMM CMRC3030D: 20.2m @ 4.00g/t Au from 464m = 80.8 g-m (Good), 31 Jul 2026CMM CMRC3035: 18m @ 4.48g/t Au from 256m = 80.6 g-m (Good), 31 Jul 2026CMM CMRC2419D: 23.9m @ 3.32g/t Au from 724m = 79.4 g-m (Good), 31 Jul 2026CMM CMRC1787: 5m @ 14.5g/t Au from 60m = 72.7 g-m (Good), 31 Jul 2026CMM CMRC2411D: 12.9m @ 5.49g/t Au from 382m = 71.0 g-m (Good), 31 Jul 2026CMM RDRC103: 31m @ 2.41g/t AuEq from 215m = 74.7 g-m (Good), 31 Jul 2026CMM RDRC103: 31m @ 2.29g/t Au from 215m = 71.0 g-m (Good), 31 Jul 2026CMM RDRC101: 21.6m @ 3.21g/t AuEq from 195m = 69.4 g-m (Good), 31 Jul 2026CMM RDRC101: 21.6m @ 2.94g/t Au from 195m = 63.6 g-m (Good), 31 Jul 2026CMM CMRC2492D: 11.8m @ 5.64g/t Au from 681m = 66.6 g-m (Good), 31 Jul 2026CMM RDRC085: 52m @ 1.20g/t AuEq from 365m = 62.4 g-m (Good), 31 Jul 2026CMM RDRC085: 52m @ 1.06g/t Au from 365m = 55.1 g-m (Good), 31 Jul 2026CMM RDRC113: 41m @ 1.49g/t AuEq from 406m = 61.1 g-m (Good), 31 Jul 2026CMM RDRC113: 41m @ 1.36g/t Au from 406m = 55.8 g-m (Good), 31 Jul 2026CMM CMRC2410D: 27m @ 2.09g/t Au from 367m = 56.4 g-m (Good), 31 Jul 2026CMM CMRC2463D: 29.4m @ 1.71g/t Au from 409m = 50.3 g-m (Good), 31 Jul 2026CMM CMRC1934D: 14.5m @ 3.45g/t Au from 402m = 50.1 g-m (Good), 31 Jul 2026CMM CMRC3033DW2: 9.1m @ 5.05g/t Au from 577m = 46.0 g-m (Modest), 31 Jul 2026CMM CMRC2401D: 1m @ 45.4g/t Au from 378m = 45.4 g-m (Modest), 31 Jul 2026CMM CMRC3033DW: 8.5m @ 5.13g/t Au from 626m = 43.6 g-m (Modest), 31 Jul 2026CMM CMRC2466D: 7.6m @ 5.66g/t Au from 471m = 43.0 g-m (Modest), 31 Jul 2026CMM CMRC2481: 3m @ 13.9g/t Au from 133m = 41.8 g-m (Modest), 31 Jul 2026CMM CMRC3033DW2: 3.2m @ 12.7g/t Au from 641m = 40.8 g-m (Modest), 31 Jul 2026CMM CMRC2423DW: 4.9m @ 8.48g/t Au from 432m = 41.2 g-m (Modest), 31 Jul 2026CMM CMRC1953: 10m @ 4.04g/t Au from 86m = 40.4 g-m (Modest), 31 Jul 2026CMM CMRC3033DW: 1.3m @ 28.7g/t Au from 664m = 37.3 g-m (Modest), 31 Jul 2026CMM CMRC1989: 6m @ 6.07g/t Au from 114m = 36.4 g-m (Modest), 31 Jul 2026CMM not identified: 4m @ 7.24g/t Au from 128m = 29.0 g-m (Modest), 31 Jul 2026CMM not identified: 4m @ 4.18g/t Au from 108m = 16.7 g-m (Modest), 31 Jul 2026RRL HAUGD0011: 26m @ 6.60g/t Au from 145m = 172 g-m (Really good), 2 Nov 2026RRL HAUGD0012: 51m @ 2.50g/t Au from 145m = 128 g-m (Really good), 2 Nov 2026RRL SWUGD0010: 17m @ 6.00g/t Au from 273m = 102 g-m (Really good), 2 Nov 2026RRL HDD428W4: 4m @ 23.1g/t Au from 743m = 92.4 g-m (Good), 2 Nov 2026RRL HAUGD0009: 20m @ 4.40g/t Au from 157m = 88.0 g-m (Good), 2 Nov 2026RRL BENDD048: 0.7m @ 123.5g/t Au from 349m = 86.5 g-m (Good), 2 Nov 2026RRL HAUGD0009: 32m @ 2.50g/t Au from 116m = 80.0 g-m (Good), 2 Nov 2026RRL HDD428W9: 21m @ 3.80g/t Au from 769m = 79.8 g-m (Good), 2 Nov 2026RRL RRLRMDD184: 0.5m @ 164.3g/t Au from 557m = 82.2 g-m (Good), 2 Nov 2026RRL HAUGD0014: 13m @ 6.00g/t Au from 216m = 78.0 g-m (Good), 2 Nov 2026RRL HDD428W6: 19m @ 4.10g/t Au from 755m = 77.9 g-m (Good), 2 Nov 2026RRL HSD187W1: 12m @ 6.10g/t Au from 436m = 73.2 g-m (Good), 2 Nov 2026RRL RRLBMRCD394: 14.3m @ 4.60g/t Au from 304m = 65.8 g-m (Good), 2 Nov 2026RRL RRLBMRCD289W1: 1m @ 65.0g/t Au from 112m = 65.0 g-m (Good), 2 Nov 2026RRL HDD428W10: 18m @ 3.40g/t Au from 767m = 61.2 g-m (Good), 2 Nov 2026RRL HDD428W8A: 18m @ 3.20g/t Au from 767m = 57.6 g-m (Good), 2 Nov 2026RRL HDD428W13: 13m @ 4.30g/t Au from 763m = 55.9 g-m (Good), 2 Nov 2026RRL HDD428W12: 19m @ 2.90g/t Au from 756m = 55.1 g-m (Good), 2 Nov 2026RRL HDD428W11: 17m @ 3.20g/t Au from 763m = 54.4 g-m (Good), 2 Nov 2026RRL SWUGD0006: 15m @ 3.60g/t Au from 266m = 54.0 g-m (Good), 2 Nov 2026RRL GWUD1068: 20m @ 2.90g/t Au from 158m = 58.0 g-m (Good), 2 Nov 2026RRL RUGDD2452: 2.5m @ 23.2g/t Au from 164m = 58.0 g-m (Good), 2 Nov 2026RRL SWUGD0004: 20m @ 2.30g/t Au from 168m = 46.0 g-m (Modest), 2 Nov 2026RRL GWUD1066: 13.4m @ 3.40g/t Au from 203m = 45.6 g-m (Modest), 2 Nov 2026RRL HDD428W7: 17m @ 2.50g/t Au from 785m = 42.5 g-m (Modest), 2 Nov 2026RRL HAUGD0013: 12m @ 3.50g/t Au from 135m = 42.0 g-m (Modest), 2 Nov 2026RRL WFD004: 24m @ 1.70g/t Au from 692m = 40.8 g-m (Modest), 2 Nov 2026RRL RRLBMRCD392W1: 17.1m @ 2.20g/t Au from 295m = 37.6 g-m (Modest), 2 Nov 2026RRL RUGDD2529: 2.1m @ 18.3g/t Au from 110m = 38.4 g-m (Modest), 2 Nov 2026RRL SWUGD0055: 11m @ 3.60g/t Au from 54m = 39.6 g-m (Modest), 2 Nov 2026RRL RUGDD2518: 0.3m @ 126.0g/t Au from 142m = 37.8 g-m (Modest), 2 Nov 2026RRL RUGDD2530: 4m @ 9.20g/t Au from 135m = 36.8 g-m (Modest), 2 Nov 2026RRL RRLBMRCD388: 20m @ 1.80g/t Au from 263m = 36.0 g-m (Modest), 2 Nov 2026RRL SWUGD0008: 14m @ 2.50g/t Au from 131m = 35.0 g-m (Modest), 2 Nov 2026RRL RUGDD2505: 0.9m @ 38.9g/t Au from 100m = 35.0 g-m (Modest), 2 Nov 2026RRL HAUGD0006: 12m @ 2.90g/t Au from 139m = 34.8 g-m (Modest), 2 Nov 2026RRL RRLMWDD151: 16.6m @ 2.00g/t Au from 342m = 33.2 g-m (Modest), 2 Nov 2026RRL HDD428W6: 6m @ 5.70g/t Au from 744m = 34.2 g-m (Modest), 2 Nov 2026RRL SWUGD0062: 6m @ 5.50g/t Au from 51m = 33.0 g-m (Modest), 2 Nov 2026RRL GWUD1058: 18.3m @ 1.80g/t Au from 168m = 32.9 g-m (Modest), 2 Nov 2026RRL GWUD1064: 17.3m @ 1.90g/t Au from 189m = 32.9 g-m (Modest), 2 Nov 2026RRL GWUD1072: 17.7m @ 1.80g/t Au from 153m = 31.9 g-m (Modest), 2 Nov 2026RRL GWUD1050: 13.7m @ 2.30g/t Au from 97m = 31.5 g-m (Modest), 2 Nov 2026RRL GWUD1075: 14.8m @ 2.10g/t Au from 108m = 31.1 g-m (Modest), 2 Nov 2026RRL GWUD1069: 11m @ 2.80g/t Au from 167m = 30.8 g-m (Modest), 2 Nov 2026RRL RRLBMRCD372W1: 13.9m @ 2.20g/t Au from 220m = 30.6 g-m (Modest), 2 Nov 2026RRL HDD428W5: 14m @ 2.20g/t Au from 752m = 30.8 g-m (Modest), 2 Nov 2026RRL GWUD1086: 0.5m @ 56.1g/t Au from 293m = 28.1 g-m (Modest), 2 Nov 2026RRL SWUGD0041: 11m @ 2.70g/t Au from 58m = 29.7 g-m (Modest), 2 Nov 2026RRL GWUD1060: 8m @ 3.70g/t Au from 190m = 29.6 g-m (Modest), 2 Nov 2026RRL RUGDD2520: 2.6m @ 11.4g/t Au from 88m = 29.6 g-m (Modest), 2 Nov 2026RRL GWUD1053: 15.8m @ 1.80g/t Au from 102m = 28.4 g-m (Modest), 2 Nov 2026RRL HDD428W14: 12m @ 2.30g/t Au from 774m = 27.6 g-m (Modest), 2 Nov 2026RRL SWUGD0067: 9.5m @ 3.00g/t Au from 225m = 28.5 g-m (Modest), 2 Nov 2026RRL GWUD1071: 15.5m @ 1.80g/t Au from 171m = 27.9 g-m (Modest), 2 Nov 2026RRL GWUD1065: 18m @ 1.50g/t Au from 165m = 27.0 g-m (Modest), 2 Nov 2026RRL RUGDD2455: 1.2m @ 21.4g/t Au from 179m = 25.7 g-m (Modest), 2 Nov 2026RRL RUGDD2451: 4m @ 6.40g/t Au from 251m = 25.6 g-m (Modest), 2 Nov 2026RRL BSD395AW2: 48m @ 2.30g/t Au from 1,020m = 110 g-m (Really good), 24 Jul 2026RRL BSD394W7: 36m @ 2.90g/t Au from 1,007m = 104 g-m (Really good), 24 Jul 2026RRL RRLRMDD177: 0.6m @ 149.2g/t Au from 707m = 89.5 g-m (Good), 24 Jul 2026RRL RUGDD2411: 3m @ 29.6g/t Au from 138m = 88.8 g-m (Good), 24 Jul 2026RRL HSD185W1: 14m @ 6.20g/t Au from 468m = 86.8 g-m (Good), 24 Jul 2026RRL RUGDD2413: 1m @ 73.4g/t Au from 124m = 73.4 g-m (Good), 24 Jul 2026RRL RRLGWUG0244: 20m @ 3.40g/t Au from 374m = 68.0 g-m (Good), 24 Jul 2026RRL BSD394W6: 12m @ 5.20g/t Au from 1,000m = 62.4 g-m (Good), 24 Jul 2026RRL HDD428W1: 8m @ 7.60g/t Au from 763m = 60.8 g-m (Good), 24 Jul 2026RRL BSD395AW7: 36m @ 1.70g/t Au from 958m = 61.2 g-m (Good), 24 Jul 2026RRL HSD183W1: 12m @ 5.00g/t Au from 449m = 60.0 g-m (Good), 24 Jul 2026RRL RRLRMDD175W2: 6.9m @ 8.50g/t Au from 682m = 58.7 g-m (Good), 24 Jul 2026RRL HSD185A: 15m @ 3.10g/t Au from 460m = 46.5 g-m (Modest), 24 Jul 2026RRL HSD182A: 13m @ 3.80g/t Au from 477m = 49.4 g-m (Modest), 24 Jul 2026RRL HDD428: 14m @ 3.50g/t Au from 760m = 49.0 g-m (Modest), 24 Jul 2026RRL RRLBMRC325: 32m @ 1.50g/t Au from 127m = 48.0 g-m (Modest), 24 Jul 2026RRL RRLBMRC321: 23m @ 2.00g/t Au from 55m = 46.0 g-m (Modest), 24 Jul 2026RRL RRLGWUG0258: 24.4m @ 1.60g/t Au from 337m = 39.0 g-m (Modest), 24 Jul 2026RRL RRLBMRC323: 26m @ 1.40g/t Au from 97m = 36.4 g-m (Modest), 24 Jul 2026RRL RRLBMDD004: 23m @ 1.50g/t Au from 238m = 34.5 g-m (Modest), 24 Jul 2026RRL RRLGWUG0243: 14m @ 2.30g/t Au from 382m = 32.2 g-m (Modest), 24 Jul 2026RRL RRLGWDD008: 10.4m @ 2.90g/t Au from 1,179m = 30.2 g-m (Modest), 24 Jul 2026RRL RUGDD2425: 1.4m @ 19.8g/t Au from 174m = 27.7 g-m (Modest), 24 Jul 2026RRL RRLGWUG0249: 16.9m @ 1.60g/t Au from 444m = 27.0 g-m (Modest), 24 Jul 2026RRL HSD182AW1: 10m @ 2.70g/t Au from 470m = 27.0 g-m (Modest), 24 Jul 2026RRL RRLRMDD178: 5m @ 5.30g/t Au from 723m = 26.5 g-m (Modest), 24 Jul 2026RRL RUGDD2430: 5m @ 4.80g/t Au from 137m = 24.0 g-m (Modest), 24 Jul 2026RRL RRLGWUG0257: 14m @ 1.90g/t Au from 367m = 26.6 g-m (Modest), 24 Jul 2026RRL HDD428W2: 7m @ 2.50g/t Au from 756m = 17.5 g-m (Modest), 24 Jul 2026RRL RRLGWDD007: 3.9m @ 4.00g/t Au from 632m = 15.6 g-m (Modest), 24 Jul 2026RMS GBGC26009: 3m @ 3.28g/t Au from 235m = 9.8 g-m (Low), 26 Oct 2026RMS DUG26106: 6.2m @ 1.76g/t Au from 151m = 10.9 g-m (Modest), 26 Oct 2026RMS DUG26159: 8.9m @ 1.22g/t Au from 89m = 10.9 g-m (Modest), 26 Oct 2026RMS DUG26102: 5.1m @ 2.21g/t Au from 113m = 11.3 g-m (Modest), 26 Oct 2026RMS DUG26112: 5.1m @ 2.24g/t Au from 278m = 11.4 g-m (Modest), 26 Oct 2026RMS NNGC26130: 4.5m @ 2.65g/t Au from 217m = 11.9 g-m (Modest), 26 Oct 2026RMS GBGC26005: 5.5m @ 2.18g/t Au from 164m = 12.0 g-m (Modest), 26 Oct 2026RMS DUG26184: 1.6m @ 7.78g/t Au from 150m = 12.4 g-m (Modest), 26 Oct 2026RMS DUG26161: 3.3m @ 3.88g/t Au from 122m = 12.8 g-m (Modest), 26 Oct 2026RMS DUG26102: 10.5m @ 1.23g/t Au from 228m = 12.9 g-m (Modest), 26 Oct 2026RMS DUG26106: 13.7m @ 0.990g/t Au from 273m = 13.6 g-m (Modest), 26 Oct 2026RMS DUG26137: 11.2m @ 1.25g/t Au from 58m = 14.0 g-m (Modest), 26 Oct 2026RMS GXYD0936: 6.2m @ 2.27g/t Au from 173m = 14.1 g-m (Modest), 26 Oct 2026RMS DUG26177: 1.7m @ 8.34g/t Au from 143m = 14.2 g-m (Modest), 26 Oct 2026RMS NNGC26101: 3.7m @ 3.83g/t Au from 93m = 14.2 g-m (Modest), 26 Oct 2026RMS DUG26185: 16.5m @ 0.870g/t Au from 200m = 14.4 g-m (Modest), 26 Oct 2026RMS DUG26179: 4.5m @ 3.32g/t Au from 144m = 14.9 g-m (Modest), 26 Oct 2026RMS GXYD0936: 2m @ 7.74g/t Au from 142m = 15.5 g-m (Modest), 26 Oct 2026RMS NNGC26106: 7.1m @ 2.20g/t Au from 100m = 15.6 g-m (Modest), 26 Oct 2026RMS DUG26157: 4.3m @ 3.65g/t Au from 111m = 15.7 g-m (Modest), 26 Oct 2026RMS NNGC26113: 15m @ 1.09g/t Au from 144m = 16.4 g-m (Modest), 26 Oct 2026RMS DUG26161: 1.5m @ 11.9g/t Au from 120m = 17.9 g-m (Modest), 26 Oct 2026RMS DUG26113: 9.9m @ 1.86g/t Au from 281m = 18.4 g-m (Modest), 26 Oct 2026RMS GXYD0981: 3m @ 6.44g/t Au from 76m = 19.3 g-m (Modest), 26 Oct 2026RMS GBGC26012: 9.1m @ 2.36g/t Au from 139m = 21.5 g-m (Modest), 26 Oct 2026RMS DUG26183: 17m @ 1.34g/t Au from 202m = 22.8 g-m (Modest), 26 Oct 2026RMS DUG26106: 26.3m @ 0.970g/t Au from 244m = 25.5 g-m (Modest), 26 Oct 2026RMS DUG26164: 5.1m @ 5.26g/t Au from 162m = 26.8 g-m (Modest), 26 Oct 2026RMS GBGC26006: 15.2m @ 1.81g/t Au from 138m = 27.5 g-m (Modest), 26 Oct 2026RMS DUG26173: 9.2m @ 3.08g/t Au from 148m = 28.3 g-m (Modest), 26 Oct 2026RMS GXYD0939: 10m @ 3.00g/t Au from 132m = 30.0 g-m (Modest), 26 Oct 2026RMS GBGC26042: 1.5m @ 20.7g/t Au from 213m = 31.1 g-m (Modest), 26 Oct 2026RMS DUG26176: 3.5m @ 11.2g/t Au from 156m = 39.2 g-m (Modest), 26 Oct 2026RMS GBGC26039: 27.8m @ 1.42g/t Au from 285m = 39.5 g-m (Modest), 26 Oct 2026RMS GBGC26055: 11.6m @ 3.54g/t Au from 260m = 41.1 g-m (Modest), 26 Oct 2026RMS NNGC26100: 5.5m @ 7.84g/t Au from 104m = 43.1 g-m (Modest), 26 Oct 2026RMS DUG26109: 19m @ 2.28g/t Au from 275m = 43.3 g-m (Modest), 26 Oct 2026RMS DUG26113: 18.8m @ 2.31g/t Au from 227m = 43.4 g-m (Modest), 26 Oct 2026RMS GBGC26013: 3.7m @ 11.9g/t Au from 155m = 44.0 g-m (Modest), 26 Oct 2026RMS GXYD0981: 11.2m @ 4.00g/t Au from 232m = 44.8 g-m (Modest), 26 Oct 2026RMS NNGC26126: 10m @ 4.53g/t Au from 158m = 45.3 g-m (Modest), 26 Oct 2026RMS GBGC26007: 10.5m @ 4.39g/t Au from 157m = 46.1 g-m (Modest), 26 Oct 2026RMS NNGC26120: 9.7m @ 4.96g/t Au from 162m = 48.1 g-m (Modest), 26 Oct 2026RMS GXYD0937: 9m @ 5.57g/t Au from 135m = 50.1 g-m (Good), 26 Oct 2026RMS DUG26163: 15.9m @ 3.48g/t Au from 131m = 55.3 g-m (Good), 26 Oct 2026RMS NNGC26112: 7.1m @ 8.14g/t Au from 142m = 57.8 g-m (Good), 26 Oct 2026RMS GBGC26055: 27.5m @ 2.14g/t Au from 275m = 58.9 g-m (Good), 26 Oct 2026RMS GXYD0938: 8m @ 7.79g/t Au from 140m = 62.3 g-m (Good), 26 Oct 2026RMS GBGC26008: 48m @ 1.53g/t Au from 198m = 73.4 g-m (Good), 26 Oct 2026RMS DUG26062: 7.1m @ 11.5g/t Au from 135m = 81.7 g-m (Good), 26 Oct 2026RMS NNGC26105: 16.5m @ 5.71g/t Au from 126m = 94.2 g-m (Good), 26 Oct 2026RMS DUG26048: 8m @ 14.0g/t Au from 130m = 112 g-m (Really good), 26 Oct 2026RMS DUG26109: 12.9m @ 8.70g/t Au from 356m = 112 g-m (Really good), 26 Oct 2026RMS DUG26112: 52.8m @ 2.21g/t Au from 352m = 117 g-m (Really good), 26 Oct 2026RMS GXYD0937: 1.6m @ 78.5g/t Au from 100m = 126 g-m (Really good), 26 Oct 2026RMS DUG26148: 30.3m @ 5.16g/t Au from 113m = 156 g-m (Really good), 26 Oct 2026RMS DUG26050: 15.5m @ 10.1g/t Au from 136m = 157 g-m (Really good), 26 Oct 2026RMS GXYD0981: 4m @ 43.2g/t Au from 185m = 173 g-m (Really good), 26 Oct 2026RMS GXYD0937: 1m @ 264.0g/t Au from 180m = 264 g-m (Excellent), 26 Oct 2026RMS NNGC26108: 4.9m @ 137.6g/t Au from 85m = 674 g-m (Stellar), 26 Oct 2026
RMS's drill results over time - best hit in each
10100100029 Apr 2026: 4.1m @ 22.43g/t Au from 463.9m (92.0 g-m) - DrillScore 5828 Apr26 Oct 2026: 4.9m @ 137.6g/t Au from 85.1m (674.2 g-m) - DrillScore 8925 Oct

Compare every hit, depth by depth and company by company - depth is down-hole, to the start of the interval.

How every hole did - one block per hole, coloured by its best hit

  • Stellar 1
  • Excellent 1
  • Really good 6
  • Good 7
  • Modest 31
  • Low 1
  • No significant hit 18

15 of 65 holes reached 'good' or better (1 stellar, 1 excellent, 6 really good, 7 good); the other 50 were modest, low or nil.

The holes, side by side - schematic, best hole first

050m100m150m200m250m300m350m400m450mdepth down the holeNNGC26108674NNGC26108: 4.9m @ 137.6g/t Au from 85m = 674.2 g-m (Stellar)GXYD0937264GXYD0937: 9m @ 5.57g/t Au from 135m = 50.1 g-m (Good)GXYD0937: 1.6m @ 78.5g/t Au from 100m = 125.6 g-m (Really good)GXYD0937: 1m @ 264.0g/t Au from 180m = 264.0 g-m (Excellent)GXYD0981173GXYD0981: 3m @ 6.44g/t Au from 76m = 19.3 g-m (Modest)GXYD0981: 11.2m @ 4.00g/t Au from 232m = 44.8 g-m (Modest)GXYD0981: 4m @ 43.2g/t Au from 185m = 172.8 g-m (Really good)DUG26050157DUG26050: 15.5m @ 10.1g/t Au from 136m = 156.6 g-m (Really good)DUG26148156DUG26148: 30.3m @ 5.16g/t Au from 113m = 156.3 g-m (Really good)DUG26112117DUG26112: 5.1m @ 2.24g/t Au from 278m = 11.4 g-m (Modest)DUG26112: 52.8m @ 2.21g/t Au from 352m = 116.7 g-m (Really good)DUG26109112DUG26109: 19m @ 2.28g/t Au from 275m = 43.3 g-m (Modest)DUG26109: 12.9m @ 8.70g/t Au from 356m = 112.2 g-m (Really good)DUG26048112DUG26048: 8m @ 14.0g/t Au from 130m = 112.0 g-m (Really good)NNGC2610594.2NNGC26105: 16.5m @ 5.71g/t Au from 126m = 94.2 g-m (Good)DUG2606281.7DUG26062: 7.1m @ 11.5g/t Au from 135m = 81.7 g-m (Good)GBGC2600873.4GBGC26008: 48m @ 1.53g/t Au from 198m = 73.4 g-m (Good)GXYD093862.3GXYD0938: 8m @ 7.79g/t Au from 140m = 62.3 g-m (Good)best g-m

Each line is a hole drilled from the surface (top); each block is a reported interval at its down-hole depth, sized by its width and coloured by its rating. The holes are side by side for comparison, not at their real positions, and are drawn only as deep as their deepest reported interval. Hover a block for the numbers; the 35 other holes are in the table below.

Every interval, in numbers

Every interval as metal-metres: width x grade (gram-metres for gold, %-metres for copper). Gold bands are Stockhead's rule of thumb: over 50 good, 100-200 really good, 200-500 excellent, beyond that stellar (and under 10, low). Top share is how much of an interval comes from its richest sub-interval - the smearing check.

HoleFromWidthTrue widthGradeMetal-metresRatingTop shareNotes
NNGC2610885m4.9m3.8m137.6 g/t Au
674.2 g-m
StellarText highlight (text rounds to 138 g/t). No top cut applied. Photon...
GXYD0937180m1m0.5m264.0 g/t Au
264.0 g-m
ExcellentText highlight, Galaxy resource definition. Single 1m sample, photon...
GXYD0981185m4m2.3m43.2 g/t Au
172.8 g-m
Really goodText highlight, Galaxy resource definition. Photon assay.
DUG26050136m15.5m10.5m10.1 g/t Au
156.6 g-m
Really goodText highlight, Never Never infill.
DUG26148113m30.3m8.2m5.16 g/t Au
156.3 g-m
Really good
GXYD0937100m1.6m1.1m78.5 g/t Au
125.6 g-m
Really goodFigure 6 highlight, Galaxy. Table shows 1.6m width.
DUG26112352m52.8m27.9m2.21 g/t Au
116.7 g-m
Really goodText highlight, Gilbey's resource definition. Long lower-grade...
DUG26109356m12.9m7.8m8.70 g/t Au
112.2 g-m
Really goodGilbey's resource definition.
DUG26048130m8m5.9m14.0 g/t Au
112.0 g-m
Really goodText highlight, Never Never infill.
NNGC26105126m16.5m8.0m5.71 g/t Au
94.2 g-m
Good
DUG26062135m7.1m5.0m11.5 g/t Au
81.7 g-m
GoodText highlight (7.1m at 11.5 g/t), Never Never infill.
GBGC26008198m48m46.4m1.53 g/t Au
73.4 g-m
GoodGilbey's, Figure 10 shows it in the recent results.
GXYD0938140m8m4.5m7.79 g/t Au
62.3 g-m
GoodText highlight, Galaxy resource definition.
GBGC26055275m27.5m19.6m2.14 g/t Au
58.9 g-m
GoodText highlight, Gilbey's resource definition.
NNGC26112142m7.1m3.4m8.14 g/t Au
57.8 g-m
Good
DUG26163131m15.9m9.0m3.48 g/t Au
55.3 g-m
Good
GXYD0937135m9m5.5m5.57 g/t Au
50.1 g-m
GoodText highlight, Galaxy resource definition.
NNGC26120162m9.7m3.5m4.96 g/t Au
48.1 g-m
Modest
GBGC26007157m10.5m7.2m4.39 g/t Au
46.1 g-m
Modest
GXYD0981232m11.2m7.5m4.00 g/t Au
44.8 g-m
ModestGalaxy resource definition. Figure 6 shows it as a recent result.
NNGC26126158m10m4.5m4.53 g/t Au
45.3 g-m
Modest
GBGC26013155m3.7m2.5m11.9 g/t Au
44.0 g-m
Modest
DUG26113227m18.8m11.7m2.31 g/t Au
43.4 g-m
ModestText highlight, Gilbey's resource definition.
DUG26109275m19m11.6m2.28 g/t Au
43.3 g-m
ModestText highlight, Gilbey's resource definition.
NNGC26100104m5.5m3.4m7.84 g/t Au
43.1 g-m
Modest
GBGC26039285m27.8m18.5m1.42 g/t Au
39.5 g-m
ModestGilbey's.
GBGC26055260m11.6m8.3m3.54 g/t Au
41.1 g-m
ModestGilbey's.
DUG26176156m3.5m2.4m11.2 g/t Au
39.2 g-m
ModestGilbey's North.
GBGC26042213m1.5m1.1m20.7 g/t Au
31.1 g-m
ModestSingle high-grade interval within a wider hole.
GXYD0939132m10m5.5m3.00 g/t Au
30.0 g-m
ModestText highlight, Galaxy resource definition.
DUG26173148m9.2m7.1m3.08 g/t Au
28.3 g-m
ModestWest Winds.
GBGC26006138m15.2m12.0m1.81 g/t Au
27.5 g-m
Modest
DUG26164162m5.1m2.8m5.26 g/t Au
26.8 g-m
ModestNever Never.
DUG26106244m26.3m22.6m0.970 g/t Au
25.5 g-m
ModestWest Winds, low-grade long interval.
DUG26183202m17m14.4m1.34 g/t Au
22.8 g-m
ModestGilbey's North.
GBGC26012139m9.1m7.2m2.36 g/t Au
21.5 g-m
Modest
GXYD098176m3m1.8m6.44 g/t Au
19.3 g-m
ModestGalaxy resource definition.
DUG26113281m9.9m6.2m1.86 g/t Au
18.4 g-m
Modest
DUG26161120m1.5m1.0m11.9 g/t Au
17.9 g-m
ModestNever Never.
NNGC26113144m15m6.4m1.09 g/t Au
16.4 g-m
Modest
DUG26157111m4.3m2.8m3.65 g/t Au
15.7 g-m
ModestNever Never.
NNGC26106100m7.1m4.6m2.20 g/t Au
15.6 g-m
Modest
DUG26179144m4.5m3.6m3.32 g/t Au
14.9 g-m
ModestGilbey's North.
GXYD0936142m2m1.7m7.74 g/t Au
15.5 g-m
ModestGalaxy, Mars.
DUG26177143m1.7m1.3m8.34 g/t Au
14.2 g-m
ModestGilbey's North.
NNGC2610193m3.7m2.7m3.83 g/t Au
14.2 g-m
Modest
DUG26185200m16.5m15.9m0.870 g/t Au
14.4 g-m
ModestNever Never, low-grade long interval.
DUG26106273m13.7m11.9m0.990 g/t Au
13.6 g-m
ModestWest Winds.
DUG26161122m3.3m2.2m3.88 g/t Au
12.8 g-m
ModestNever Never.
DUG2613758m11.2m2.7m1.25 g/t Au
14.0 g-m
ModestNever Never, shallow drilling at low dip.
DUG26184150m1.6m1.6m7.78 g/t Au
12.4 g-m
ModestNever Never.
DUG26102228m10.5m9.1m1.23 g/t Au
12.9 g-m
ModestWest Winds.
GXYD0936173m6.2m4.3m2.27 g/t Au
14.1 g-m
ModestGalaxy, Mars.
DUG26102113m5.1m3.6m2.21 g/t Au
11.3 g-m
ModestWest Winds.
DUG26112278m5.1m2.7m2.24 g/t Au
11.4 g-m
ModestGilbey's.
GBGC26005164m5.5m3.8m2.18 g/t Au
12.0 g-m
ModestGilbey's.
DUG26106151m6.2m5.2m1.76 g/t Au
10.9 g-m
ModestWest Winds.
GBGC26009235m3m3.0m3.28 g/t Au
9.8 g-m
LowGilbey's.
NNGC26130217m4.5m1.6m2.65 g/t Au
11.9 g-m
ModestNever Never.
DUG2615989m8.9m6.7m1.22 g/t Au
10.9 g-m
ModestNever Never.

Checked against the PDF. Every interval above is printed in the announcement itself - each width and grade was found, together, in the PDF's own text.

Holes reported
65
Metres drilled
39,559
Drilling
Diamond core (NQ2, whole core underground and surface)
Cut-off grade
0.50 g/t Au lower cut
Max internal dilution
2m (appendix notes); the JORC commentary also allows up to 4m or more where indicated
True widths
Stated - Each interval in Appendices 2 and 3 carries an estimated true width (for example 48.0m down-hole, 46.4m estimated true width). These are the company's estimates, not our calculation.
Hole spacing
Spacing is not given hole by hole. Table 1 says RC infill and step-out drilling is on nominal 20-40m centres. The diamond holes reported here are infill and resource definition drilling in known lodes at Galaxy, Never Never and Gilbey's, not discovery holes.
Depth
Hole lengths (F/Depth) are tabled for every hole, for example 353.4m, 420m and 455m. Vertical depths are not stated. The 39,559m figure is the group's total drilling for the quarter, including about 18,000m of grade control at Galaxy and about 19,000m at Dalgaranga. Those holes are not reported individually.

Against the project's earlier holes

The new best intercepts are stronger in grade than the earlier high-grade results in DrillScore's 25 Aug 2026 list (22.7m at 10.8 g/t, 5.1m at 47.3 g/t, 1m at 236 g/t). The 4.9m at 137.6 g/t is the highest-grade interval in the list. The wide lower-grade intervals, such as 52.8m at 2.21 g/t and 27.5m at 2.14 g/t, look similar to the Dalgaranga drilling reported in April 2026. The 5.1m at 47.29 g/t (incl. 1.0m at 238 g/t) shown in Figure 6 is previously released and not counted here.

Against similar explorers

The high-grade intervals (4.9m at 137.6 g/t, 1.0m at 264 g/t) are narrow and very high grade, the type that lifts a gram-metre score on a few samples. The wider intervals of about 1.5-2.3 g/t over 20-50m are typical bulk grades for Archaean orogenic lodes in the region. This is infill and resource definition drilling at an operating mine rather than a discovery, so it is best compared with mine-scale intercepts rather than explorer first-hole results.

Gram-metre calculator - gram-metres explained - the leaderboard

Disclosure checks - the ASX's own focus areas

  • Drill-hole table (collars, dip, azimuth, depth, every intercept)
    pass
  • JORC Table 1, Section 1 - sampling techniques and data
    pass
  • JORC Table 1, Section 2 - reporting of exploration results
    pass
  • Competent person statement
    pass
  • No metal equivalents - grades as assayed
    pass
  • Balanced reporting - low and high grades both shown

    The tables list 65 holes, including two holes with no significant intercept (DUG26056 and DUG26065), and include lower-grade intervals, which helps. However, the number of holes drilled in the batch is not stated, and grade-control drilling of about 18,000m at Galaxy and about 19,000m at Dalgaranga is not reported hole by hole. The text highlights the best intervals, so the typical result across the program cannot be judged.

    caution
  • No visual estimates - assays only
    pass
  • True widths stated
    pass

Red flags and notes

Balance of reporting is unclear

The tables list 65 holes, including two holes with no significant intercept (DUG26056 and DUG26065), and include lower-grade intervals, which helps. However, the number of holes drilled in the batch is not stated, and grade-control drilling of about 18,000m at Galaxy and about 19,000m at Dalgaranga is not reported hole by hole. The text highlights the best intervals, so the typical result across the program cannot be judged.

Production target wording differs from the range

Page 1 says the FY30 production target is more than 600,000 oz, and the CEO says the company will become a 600,000 oz producer by FY30. Footnote 2 gives the target as 560,000-610,000 oz. The range and its cautionary basis should be used consistently.

High-grade assays with no top cut and photon method

The highest-grade intervals (264 g/t, 137.6 g/t and 78.5 g/t) were assayed by photon analysis of 500g aliquots and no top cut was applied. The JORC Table 1 does not discuss coarse gold effects or confirmatory fire assays for these intervals.

Internal dilution wording is inconsistent

The appendix notes allow up to 2m of internal dilution, while the JORC Table 1 commentary allows up to 4m or more where indicated. The intercepts tabled appear to use the 2m rule.

New and previously released results shown together in figures

Figures 6, 7 and 10 show previously released intercepts next to new ones. The figures label recent and previous results separately, and the 25 Aug 1m at 236 g/t and 5.1m at 47.29 g/t results appear to be earlier releases, but the JORC statement that all results are new should be read with this in mind.

Why these matter: JORC Table 1 - metal equivalents - balanced reporting - visual estimates

Money: can they follow it up?

Period ending
2026-09-30
Cash
$740m
Operating cash flow (quarter)
$186m
Exploration spend (quarter)
$22.7m
Gold produced
48,839 oz
AISC
A$2,656/oz (margin about A$3,053/oz at the day's gold price)
Revenue
$309m
Guidance
FY27 guidance 205,000-225,000 oz at AISC A$2,150-2,350/oz. The company says it remains on track and expects output to rise quarter on quarter in FY27. The September quarter's 49koz and A$2,656/oz are outside the full-year run-rate, and guidance has not been restated.

Gold produced was 48,839 oz (sales were 51,278 oz at A$6,019/oz). Cash on hand was A$740.0m and bullion A$28.0m, for net cash and gold of A$768.0m. Listed investments were A$275.3m (Benz A$203m and Forrestania A$71m at 30 September). There is no Appendix 5B in the PDF, so burn, funding quarters, debt and undrawn facilities are not stated. Cash flow items come from Figure 1 and Table 2. The Edna May sale brought in A$205m in the quarter (A$5m came in June). Income tax of A$45-55m is due in December 2026. Buybacks were A$15m in the quarter and A$156m of the A$250m program. The A$0.03 final dividend was paid on 13 October, after quarter end. Cash is comfortable for the next phase, with no raising shown in the report.

Appendix 5B explained - why runway predicts raisings - every company's runway

How the price reacted

The result against the marketStrong result - the market shrugged

DrillScore 89 (top 5% of drill results), and on day 1 the stock moved -1.4% against the gold index (XGD).

Every result vs its reaction

From the last close before the market could trade on it ($3.31 on 23 Oct 2026), with day-1 volume 1.2x the 20-day average.

Day 1+1.5%-1.4% vs the XGD
Day 5+3.3%-1.7% vs the XGD
Day 20waitingnot traded that long yet

RMS's past price-sensitive news

After 9 earlier announcements, RMS rose on day 1 5 times and fell 4 times - an average move of +1.1%; after quarterlies alone, -0.2%.

DrillScore holds no recorded share price reactions to earlier price-sensitive news for Ramelius, so there is no stock-specific pattern to compare. Since the 23 Oct close (the last before release) the shares have moved from A$3.31 to A$3.68, about 11%. The XGD index rose 11.3% over the same period, so the move matches the gold index closely. The 29 Jul quarterly scored 73 (Strong) on DrillScore, but that is a score, not a price reaction. This is a description of past patterns and is not a prediction.

Past reactions describe what happened, not what will. How prices react to results

The historical pattern

What share prices did after past results like this one, from DrillScore's own records. It describes the past: it isn't a forecast for RMS and it isn't advice.

Results scored like this'Standout' results Too few to say

No other drill results rated 'Standout' have traded yet.

RMS's own record9 earlier announcements No clear lean

After its earlier announcements, RMS moved +1.2% by day 1, +0.3% by day 5 and +0.6% by day 20 against the XGD on average.

Day 1
+1.2%
Day 5
+0.3%
Day 20
+0.6%
9 results, against the XGD
The market it landed inXGD -12.8% in 20 days Leaned up

In the 20 trading days before this release the XGD gold index moved -12.8% (falling). After 34 past gold announcements released into a falling gold index, stocks moved +1.9% by day 1, +4.2% by day 5 and +11.4% by day 20 on average - before taking the market's own move out.

Day 1
+1.9%
Day 5
+4.2%
Day 20
+11.4%
34 results, raw moves

A strand leans up or down when its day-5 average is 1% or more either way. Each is shown on its own and never added up into a prediction: small samples swing, and every result is different. The full backtest - how it's worked out

The market it landed in

MarketOn the dayNowSince
Gold (US$/oz)US$4,008US$3,886-3.0%
Gold (A$/oz)A$5,709A$5,737+0.5%
Copper (US$/lb)US$6.48US$6.09-6.0%
AUD/USD0.70200.6774-3.5%

At release (23 Oct close) gold was US$4,007.9/oz and A$5,709/oz. Now it is US$3,886.3/oz and A$5,737/oz. The A$ gold price is almost unchanged because the Australian dollar fell about 3.5% against the US dollar over the same period. The quarter's achieved price of A$6,019/oz is above today's spot and well above the A$2,656/oz AISC. Gold is a little under the FY27 collar ceiling of A$5,906/oz, so the collars do not add upside now, and the FY28 put strike of A$5,750/oz is close to spot. The XGD gold index is up 11.3% since release, while GDX is up 1.8% and GDXJ is down 0.3%, so sector mood has helped the local gold equities. Over one month, US$ gold is down 6.8%. Rising US yields (5.15%) and a firmer US dollar are background factors for gold but this is not a price view.

Against RMS's own history

Cash, gold and investments have grown from A$649.6m net cash and gold in June to A$768.0m in September. Cash on hand was A$608.4m in June and A$740.0m in September. DrillScore's log has no capital raisings and shows buybacks continuing. AISC of A$2,656/oz is the highest of the four quarters in the Mt Magnet table (Dec-25 A$1,977, Mar-26 A$2,211, Jun-26 A$1,973). Gold output was 48,839 oz, down from 53,466 oz in June. The Edna May sale terms have changed: the 29 June announcement said A$200m cash and A$100m shares, and this report confirms A$210m cash (including A$5m received in June) and A$90m in Forrestania shares. DrillScore's log has an entry for this same quarterly dated 8 Oct 2026, which predates this 26 Oct release. That log entry should be checked. The highest-grade intervals here are above the best prior intercepts in the database.

Risks & caveats

  • The quarter's AISC of A$2,656/oz is above the full-year range, and the company has not restated guidance. Penny stockpile recovery of about 4,202 oz is the main lever cited.
  • Forrestania shares were booked at A$90m on issue but valued at A$71m at 30 September, and are subject to 18 months escrow. Benz Mining is valued at A$203m, so listed investments carry market risk.
  • Hedging limits some upside: zero premium collars cover 16,875 oz of FY27 output with a A$5,906/oz ceiling, and 40,000 oz of FY28 puts are struck at A$5,750/oz.
  • Rebecca-Roe's Financial Investment Decision was made subject to Roe mining approvals, which are not yet granted. Early works of about A$50m are already being brought forward.
  • Lost time injury and restricted work injuries were recorded in the quarter (one LTI and four RWIs). TRIFR improved to 8.66.

What's next

  • Penny stockpile of 29kt at 4.52 g/t (4,202 oz contained) expected to be processed - December quarter 2026
  • Income tax payment on Edna May sale (A$45-55m) - December 2026
  • Exploration and resource definition update - January 2027
  • Never Never underground to reach 1Mtpa mining rate - July 2027
  • Mt Magnet Circuit 2 (3Mtpa) completion, with commercial production after - December 2027 quarter (commercial production March 2028 quarter)
  • Roe mining approvals for Rebecca-Roe - not stated

Questions worth asking

  • How much of the September quarter's A$2,656/oz AISC came from the Penny weather and lower mill grade, and what AISC does the December quarter need to get back toward A$2,150-2,350/oz?
  • Is the 1.0m at 264 g/t Au in GXYD0937 a new interval, given the 25 Aug 2026 release reported 1.0m at 236 g/t? How many holes were drilled in this batch, and how were grade-control holes handled?
  • Were the highest-grade intervals (264 g/t, 137.6 g/t, 78.5 g/t) checked by fire assay, and what is the coarse gold assessment?
  • What is the FY30 production target, is it 560,000-610,000 oz or 'more than 600,000 oz', and what are the key assumptions behind it?
  • What is the capital cost of the Circuit 2 Stage 2 plant under the Primero lump-sum contract, and how will the Roe mining approvals affect the Rebecca-Roe timing?

What it means

For someone following Ramelius, the quarter contains both a cost problem and some good news. Output fell and the quarter's AISC of A$2,656/oz is above the FY27 range, partly because of Penny haulage and lower grades. Cash and gold rose to A$768m after the Edna May sale, guidance was reaffirmed, the Mt Magnet Stage 2 plant is contracted and the drill program is adding high-grade intercepts. The watch points are whether the Penny stockpile is processed in the December quarter, whether AISC returns toward A$2,150-2,350/oz, and how the Roe approvals and the Forrestania share value develop. This is general information and not personal financial advice.

General information only - not financial advice. DrillScore's analyses are produced automatically by an AI model (Claude, by Anthropic) from the company's own ASX announcement and public market data, and scored by a fixed formula (how it works). They can be wrong or incomplete, don't consider your objectives or circumstances, and are not a recommendation to buy, sell or hold anything. Always read the original announcement and consider advice from a licensed adviser.

Decoded 15 Nov 2026, 8:17 am by claude-haiku-5-5 - confidence: high. Spotted a mistake? Tell us.

Start the conversation

Discuss RMS's announcement

Share a longer experience
No comments yet. Did the market read this right? Ask a question or add what you know about the project.
No account. General discussion only - don't share personal advice.

Give the next investor an edge

Don't invest blind.

The headline is the company's story. Your experience is the rest of it. Share what you learned from a gold or copper stock - two minutes, anonymous, and it helps everyone who comes after you.

Share your experience See the latest decoded