Rambler Metals & Mining Plc

Rambler Metals & Mining Plc

November 13, 2007 03:05 ET

Rambler Drills 15.4 Feet of 4.16% Copper with 4.5 g/T Gold; High Grade Mineralization Continues to Grow

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Nov. 13, 2007) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce the latest two drill intersections from its ongoing surface drilling program.

- RM07-20f returns 7.45 feet of 2.41% copper on the 1807 Zone.

- RM07-20g returns 15.42 feet of 4.16% copper with 4.5 g/T gold on the 1807 Zone

-- Including 1.35 feet of 3.7% copper with 35.2 g/T gold

1807 Zone

These latest holes in the 1807 zone tested the mineralization further to the west than any other hole drilled to date. RM07-20f's intersection was perceived to be the western extent of the zone on that level. However, with nearly 30 feet of mineralized rock down plunge in RM07-20g, the 1807 zone continues to grow producing exceptional grades over significant widths.

With the western boundary of the 1807 Zone still unknown and all mineralization open down plunge, future drill targets have been designed to further delineate the high grade mineralization.

From To Length Length Cu Au
Hole (m) (m) (m) (feet) (%) (g/T)
RM07-20f 658.73 661.00 2.27 7.45 2.41 0.5
RM07-20g 652.90 662.40 9.50 31.17 2.28 2.4
including 655.70 660.40 4.70 15.42 4.16 4.5
including 659.99 660.40 0.41 1.35 3.70 35.2

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:

"Once again the 1807 zone has delivered significant and promising results. RM07-20g is of particular interest not only for its width but for the nearly ounce per tonne gold intersection in a quartz vein on the lower contact of the massive sulphide.

Any gold resource that could be added could potentially make the economics of this project more superior by reducing its sensitivity to fluctuating commodity prices.

The exploration potential for this property is vast and I am confident that we will continue to see the exceptional mineralization expand in existing areas while discovering new zones in the process."

Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical content of this release. Mr. Pilgrim 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
    Insinger de Beaufort
    Nandita Sahgal
    +44 (0) 20-7190-7000
    Pelham Public Relations
    Chelsea Hayes
    +44 (0) 20-7743-6675