Rambler Metals & Mining Plc

Rambler Metals & Mining Plc

November 22, 2007 02:00 ET

Rambler Drills 45.93 Feet of 5.9% Copper with 1.5 g/T Gold; Largest Intersection on the 1807 Zone to Date

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Nov. 22, 2007) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce the latest drill intersection from its ongoing surface drilling program.

- RM07-20h returns 45.93 feet of 5.9% copper with 1.5 g/T gold on the 1807 Zone

-- Including 11.32 feet of 16.5% copper with 3.3 g/T gold

-- Including 3.05 feet of 21.6% copper with 4.4 g/T gold

1807 Zone

RM07-20h's mineralization is the thickest and deepest intersection drilled to date on the 1807 Zone. With the grades in this horizon improving with depth it is clear that the true potential of this property is yet to be discovered.

The 1807 Zone has developed into a significant mineralized horizon and will play a key role as Rambler embarks on its NI43-101 resource calculation. Future drill targets will focus on defining the margins of this exceptional mineralization both across strike and down plunge.

Hole From To Length Length Cu Au
(m) (m) (m) (feet) (%) (g/T)
RM07-20h 653.00 667.00 14.00 45.93 5.9 1.5
including 655.15 664.82 9.67 31.73 8.5 1.9
including 657.58 661.03 3.45 11.32 16.5 3.3
including 657.58 658.51 0.93 3.05 21.6 4.4

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:

"A superb intersection that supports management's belief that significant mineralization in the 1807 zone would be found to the west and down plunge of existing holes. Importantly the 1807 zone remains open presenting further opportunity to duplicate or even improve upon these grades and widths."

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