SOURCE: Rambler Metals & Mining Plc

November 27, 2014 02:00 ET

Rambler Metals & Mining PLC: First Quarter 2015 Production Results

LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - Nov 27, 2014) - Rambler Metals and Mining plc (TSX VENTURE: RAB) (AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today provides an operational update for its first quarter, ending 31 October 2014 ('Q1 2015').


  • Q1 2015 results were within the guidance for the fiscal year and the Company remains on target to meet its annual production forecast.

  • Dry tonnes milled of 58,546 tonnes, representing a 5 per cent increase on Q1 2014 results and a 2 per cent decrease on Q4 2014. This resulted in the production of:

    • 1,447 tonnes of copper; 1,464 ounces of gold; 10,781 ounces of silver

  • Production of 5,072 tonnes of copper concentrate representing a 15 per cent decrease over Q4 2014.

  • Head grades, for the quarter of copper averaged 2.79 per cent; gold at 1.26 grammes per tonne; silver at 9.12 grammes per tonne.

  • Recoveries to concentrate for copper 97.1 per cent, gold 69.2 per cent and silver 73.0 per cent for the quarter. All meeting or exceeding the communicated guidance.

  • Concentrate grade of 28.52 per cent, 8.98 grammes per tonne and 66.11 grammes per tonne for copper, gold and silver respectively.

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Contact Information

  • For further information, please contact:

    Norman Williams, CA
    President and CEO
    Rambler Metals & Mining Plc
    Tel No: 709-800-1929
    Fax No: 709-800-1921

    Peter Mercer
    Corporate Secretary
    Rambler Metals & Mining Plc
    Tel No: +44 (0) 20 8652-2700
    Fax No: +44 (0) 20 8652-2719

    Stewart Dickson / Jeremy Stephenson
    Cantor Fitzgerald Europe
    Tel No: +44 (0) 20 7894 7000

    Tim Blythe/ Halimah Hussain
    Tel No: +44 (0) 20 7138 3204