Rambler Metals & Mining Plc

Rambler Metals & Mining Plc

September 05, 2007 04:22 ET

Rambler Intersects 3.1% Copper Over 29.53 Feet on Ming Footwall Zone

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Sept. 5, 2007) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce additional intersections from its ongoing surface drilling program.

- RM07-20 returns 1.31 feet of 15.2% copper with 1.7 g/T gold on the 1807 Zone

- RM07-08e returns 29.53 feet of 3.1% copper on the Ming Footwall Zone and 21.3% copper over 0.66 feet on the Ming Zone

George Ogilvie, Vice President and COO reports:

"These results are encouraging as they continue the trend of high grade mineralization from the Ming Mine. Importantly the mineralization in the 1807 zone now extends over a plunge length of 350m and is open both up-dip and down-dip presenting further potential for significant mineralized intersections."

Ming Deposit and 1807 Zone

RM07-20 was planned to target the high grade 1807 zone 100m down plunge of any existing diamond drill intersection to date. New drill holes are currently planned to test across strike and both up and down plunge.

RM07-08e intersected massive sulphide returning 21.3% copper and 7.6 g/T gold over 0.66 feet. These types of Ming Massive Sulphide grades have also been seen in RM06-04e that returned 39.36 feet of 3.18% copper and 3.8 g/T gold including 4.92 feet of 11.70% copper and 13.5 g/T gold (see Rambler press release 30 May, 2006).

Additional results from both drill setups are anticipated in the coming weeks.

Hole From To Length Length Cu Au
(m) (m) (m) (feet) (%) (g/T)
1807 Zone RM07-20 656.75 659.13 2.38 7.81 2.4 0.3
including 657.75 658.13 0.38 1.31 15.2 1.7

Ming Massive RM07-08e 1001.30 1003.00 1.70 5.58 2.8 3.4
Sulphide including 1001.30 1001.50 0.20 0.66 21.3 7.6

Ming Footwall Zone

The Ming Footwall Zone (MFZ) in RM07-08e has demonstrated the potential of this zone to produce plus 3% copper intersections over significant widths. Future holes in the area will be drilled on 50 metre centres across strike and along plunge to comply with Rambler's 43-101 'indicated resource' drill spacing requirement.

Hole From To Length Length Cu Au
(m) (m) (m) (feet) (%) (g/T)
RM07-08e 1175.00 1201.80 26.80 87.93 2.0 0.092
including 1182.50 1191.50 9.0 29.53 3.1 0.180
RM07-08e 1248.50 1264.00 15.50 50.85 1.2 0.058
RM07-08e 1277.50 1299.60 22.10 72.51 1.2 0.096
including 1292.00 1296.50 4.50 14.76 2.0 0.283

A complete listing of RMM drill intersections to date, as well as corresponding maps, figures and NI43-101 compliance information can be found at www.ramblermines.com.

Dewatering and Underground Delineation Program

George Ogilvie, Vice President and COO stated:

"At the time of release nearly 65 million US gallons of water from the old mine have been pumped and treated. New levels continue to open up allowing access to areas that had previously been underwater. The ground conditions within the mine remain good which means minimal rehabilitation. This allows the crews to return air, water and electrical services to the mine in a timely manner. We remain on track to begin our underground delineation drilling program in Q4 2007"

Mark Graves, P.Geo. is the Qualified Person responsible for the technical content of this release. Mr. Graves is an employee of 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

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. 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
    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