SOURCE: Rambler Metals & Mining Plc

April 01, 2014 07:00 ET

Marathon Drilling Expands the Sprite Zone With High-Grade, Near Surface Gold Intercepts 5.35 g/t Au over 6.0m True Thickness and 4.38 g/t Au over 5.4m

LONDON, UNITED KINGDOM and BAIE VERTE, NEWFOUNDLAND and LABRADOR--(Marketwired - Apr 1, 2014) - Rambler Metals and Mining plc (TSX VENTURE: RAB) (LSE: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today announces that Marathon Gold Corp. (TSX: MOZ) ('Marathon') has provided a diamond drilling update on its 100% owned Valentine Lake Project. Rambler has a strategic investment in Marathon.

The highlights of the release have been included below. Additional information on Marathon and the Valentine Lake Project can be found on their website at

TORONTO, ON - April 1, 2014 - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) today announced the intersection of additional high-grade near surface gold intervals during the current exploration drilling in the Sprite Area of the Valentine Lake Project (Figure 1). This latest drilling has continued to intersect wide near-surface intervals of quartz-tourmaline-pyrite (QTP) veining with high-grade gold intercepts. The Sprite area has a current strike length in excess of 500 meters and is open in all directions. The area of drilling is less than 2km from the Leprechaun Gold Deposit. Exploration continues at the Sprite Zone as Marathon works towards developing the next open pit resource at the Valentine Lake property.

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