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RMS Extends Miranda Agreement

The directors of Ramelius Resources Limited (RMS) are pleased to announce that the Company has agreed terms with Miranda Gold Corporation in respect to their Angel Wing gold project in Nevada. This new agreement extends the existing relationship with Miranda over properties in the highly productive Nevada gold district. Under the terms of the agreement, Ramelius must spend US$350,000 at Angel Wing before it can withdraw and can earn a 70% interest in the project by expenditure of US$4m over 5 years and completion of a bankable feasibility study. The Angel Wing project is prospective for epithermal gold mineralisation, with a number of gold bearing veins already identified on the property. Ramelius intends to conduct an IP geophysical survey this month and plans to commence drilling before the end of 2010. For further information contact: Ian Gordon Chief Executive Officer Mob: 0448 330 160 Duncan Gordon Investor Relations Mob: 0404 006 444.