Rambler Metals & Mining Plc

Rambler Metals & Mining Plc

December 12, 2007 02:00 ET

Rambler Drills 60.7 Feet of 4.26% Copper, 4.3 g/T Gold and 1.25% Zinc; High Grade Mineralization Thickens at Depth

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Dec. 12, 2007) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce the latest drill intersections from its ongoing surface program.

- RM07-20j returns 60.70 feet of 4.26% copper, 4.34 g/T gold and 1.25% Zinc on the 1807 Zone

-- Including 20.90 feet of 10.82% copper, 3.26 g/T gold and 3.38% Zinc

-- Including 29.30 feet of 8.01% copper, 8.73 g/T gold and 2.46% Zinc

1807 Zone

The RM07-20j intersection extends the 1807 horizon another 50m down plunge from the previously reported RM07-20h and is the deepest intersection on the 1807 horizon to date. (see RMM Press Release 22nd November, 2007) The zone's increasing copper-gold grade and thickness at depth is encouraging and will be a focus of continued drilling activity.

Copper-gold mineralization was also noted in drill hole RM07-20i defining the western extent of the mineralization encountered in RM07-20h. The 1807 Zone remains open down plunge.

Hole From To Length Length Cu Au Zn
(m) (m) (m) (feet) (%) (g/T) (%)
RM07-20j 650.00 668.50 18.50 60.70 4.26 4.34 1.25
including 652.50 662.20 9.70 31.82 7.79 2.41 2.33
including 655.83 662.20 6.37 20.90 10.82 3.26 3.38
including 654.43 663.36 8.93 29.30 8.01 8.73 2.46

RM07-20i 653.25 654.85 1.60 5.25 2.12 1.08 --

For more information and a complete listing of all RMM drill intersections, corresponding maps, figures and NI43-101 compliance information please visit our website at www.ramblermines.com.

George Ogilvie, Vice President and COO commented:

"This latest drill intersection is especially exciting as it confirms that the 1807 Zone is increasing in grade and thickness as we drill deeper. This thick high grade mineralization fits very well into the overall mining development scenario currently being evaluated by SRK Consulting.

Interestingly, with depth, this zone is beginning to produce significant zinc grades which we intend to further explore with respect to economic potential"

Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical content of this release and has reviewed it accordingly. Mr. Pilgrim is an independent consultant contracted by Rambler Metals and Mining plc.

All tonnes are dry metric tonnes.

Drill intercepts quoted are core lengths; true widths are estimated to be 90% to 95% of the intersected core lengths. Analytical results for Rambler core in this press release were determined at Eastern Analytical, Springdale, NL. Samples are then shipped by courier to Activation Laboratories Ltd., Ancaster Ontario, where a 34 element ICP analysis and gold fire assay are performed.

National Instrument 43-101 compliance information regarding sampling and analytical protocols pertaining to the Rambler Project can be accessed via the following link: http://www.ramblermines.com

Contact Information

  • Rambler Metals and Mining Canada Limited
    George Ogilvie, P.Eng.
    VP & COO
    (709) 532-4990
    Rambler Metals & Mining Plc
    Leslie Little
    Company Secretary
    +44 (0) 20-7661-8104
    Website: www.ramblermines.com
    Seymour Pierce Limited
    David Newton
    +44 (0) 20-7107 8000
    Pelham Public Relations
    Chelsea Hayes
    +44 (0) 20-7743-6675