Rambler Metals & Mining Plc
TSX VENTURE : RAB
AIM : RMM

Rambler Metals & Mining Plc

September 23, 2008 07:00 ET

Rambler Reports Latest Drill Results at the Ming Mine-Drills 4.00 metres of 0.25 g/T Gold and 4.48 % Copper

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR --(Marketwire - Sept. 23, 2008) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce further positive drill results from its underground diamond drilling exploration program at the Ming Mine.

Highlights include the following assay results:



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Drill Hole Sample Length Au Cu
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RMUG08-88 2.00 m 0.10 g/t 1.96%
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RMUG08-103 14.30 m 0.12 g/t 2.36%
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RMUG08-108 5.00 m 0.17 g/t 2.12%
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RMUG08-110 4.00 m 0.26 g/t 4.32%
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RMUG08-114 4.00 m 0.25 g/t 4.48%
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RMUG08-115 9.65 m 0.13 g/t 2.46%
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RMUG08-117 13.00 m 0.04 g/t 2.10%
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RMUG08-119 11.60 m 0.11 g/t 2.44%
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Lower Footwall Zone

Much of the footwall drilling for this release was from the 2400 drill bay. This area was first tested in the closing days of the old mine where three holes intersected broad zones of stringer type mineralization of 2% copper over varying widths. Unfortunately none of the historical core or drill logs were preserved after the mine's closure and until now only one other hole, RM04-03, confirmed the exceptional copper grades in this area which returned 12.14 m of 2.32% Cu and 22.10 m of 2.26% Cu.

These latest holes have exceeded all historically reported mineralization, including the 2004 drill hole, reconfirming that that Lower Footwall Zone is capable of supporting 2% and better copper grades over significant distances. This new drilling information will upgrade most of this area into the indicated category or better in-turn strengthening the reported resource estimate. An updated resource estimate for the entire Ming Mine is expected during calendar 1Q2009.

George Ogilvie, P.Eng, President and CEO, Rambler commented;

"We continue to produce good drilling results from the Lower Footwall Zone which will bolster our long term mining plan. We are confident that the results of this drill program will continue to build upon the resource estimate outlined in the NI43-101 Report released on June 16th, 2008."

The table below summarizes the widths, grades and drill station of the recent holes. All underground drill holes in this release targeted the Lower Footwall Zone.



---------------------------------------------------------------------------
Target Drill Hole From To Length Length Au Cu
Level (m) (m) (m) (feet) (g/t) (%)
---------------------------------------------------------------------------
LFZ 1800 GB RMUG08-88 127.30 130.20 2.00 6.56 0.10 1.96
RMUG08-88 132.00 141.20 9.20 30.18 0.06 1.15

LFZ 2200 RMUG08-103 204.40 207.40 3.00 9.84 0.09 1.22
RMUG08-103 195.40 197.40 2.00 6.56 0.07 1.28
RMUG08-103 238.50 283.80 45.30 148.62 0.08 1.70
Including 244.50 258.80 14.30 46.92 0.12 2.36
Including 264.80 274.80 10.00 32.81 0.07 2.08

LFZ 2200 RMUG08-105 161.00 167.60 6.60 21.65 0.08 1.33
RMUG08-105 206.60 216.00 9.40 30.84 0.07 1.58

LFZ 2300 RMUG08-108 147.40 187.40 40.00 131.23 0.19 1.09
including 155.80 166.30 10.50 34.45 0.12 1.92
RMUG08-108 203.80 208.80 5.00 16.40 0.17 2.12

LFZ 2300 RMUG08-110 170.10 189.30 19.20 62.99 0.09 1.46
including 178.00 182.00 4.00 13.12 0.26 4.32
RMUG08-110 192.60 207.10 14.50 47.57 0.06 1.20
including 197.60 206.10 8.50 27.89 0.07 1.70

LFZ 2400 RMUG08-111 135.40 144.10 8.70 28.54 0.08 1.48
RMUG08-111 171.70 173.70 2.00 6.56 0.14 1.59

LFZ 2400 RMUG08-112 150.80 154.70 3.90 12.80 0.09 1.82

LFZ 2400 RMUG08-114 93.20 103.20 10.00 32.81 0.15 2.30
including 97.20 101.20 4.00 13.12 0.25 4.48
RMUG08-114 163.00 186.70 23.70 77.76 0.10 1.22
including 176.20 186.70 10.50 34.45 0.15 1.42

LFZ 2400 RMUG08-115 161.95 183.20 21.25 69.72 0.10 1.93
including 161.95 171.60 9.65 31.66 0.13 2.46

LFZ 2400 RMUG08-117 191.30 221.70 30.40 99.74 0.04 1.21
including 195.40 207.00 11.60 38.06 0.09 2.38
RMUG08-117 225.40 279.80 54.40 178.48 0.07 1.29
including 248.70 261.70 13.00 42.65 0.04 2.10
including 265.70 273.70 8.00 26.25 0.15 1.82

LFZ 2400 RMUG08-119 126.70 167.60 40.90 134.19 0.06 1.04
Including 155.00 166.60 11.60 38.06 0.11 2.44
RMUG08-119 180.70 204.40 23.70 77.76 0.05 1.62


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.

Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical content of this release and has reviewed and approved 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 for the Lower Footwall Zone are estimated to be in excess of 90% of the intersected core lengths. Analytical results for Rambler core are first determined at Eastern Analytical, Springdale, NL. Samples are then shipped by courier to Activation Laboratories Ltd. ("Actlabs'), Ancaster Ontario, where a 34 element ICP analysis and gold fire assay are performed. The results presented in this release are based on assay data from Eastern Analytical and Actlabs'. ActLabs' data, being the accredited lab for this project, will supersede all other results.

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.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rambler Metals and Mining Canada Limited
    George Ogilvie, P.Eng.
    President and CEO
    (709) 532-4990
    or
    Rambler Metals & Mining Plc
    Leslie Little
    Company Secretary
    +44 (0) 20-7661-8104
    Website: www.ramblermines.com
    or
    Seymour Pierce Limited
    Nandita Sahgal
    +44 (0) 20-7107 8000
    or
    Pelham Public Relations
    Chelsea Hayes/Klara Kaczmarek
    +44 (0) 20-7743-6675 /20-3159-4395