Rambler Metals & Mining Plc
TSX VENTURE : RAB
AIM : RMM

Rambler Metals & Mining Plc

May 07, 2008 07:00 ET

Rambler's Footwall Improving With Depth: Drills 6.00 Metres of 2.86% Copper

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 7, 2008) - Rambler Metals and Mining plc ('Rambler') (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce new drilling results from its ongoing Lower Footwall Zone delineation program.



- RMUG08-34 returned 6.00 meters of 1.91% copper
- RMUG08-35 returned 3.90 meters of 2.05% copper
- RMUG08-37 returned 5.00 meters of 1.93% copper
- RMUG08-38 returned 9.80 meters of 1.88% copper
- RMUG08-40 returned 6.00 meters of 2.61% copper
- RMUG08-41 returned 7.90 meters of 2.17% copper
- RMUG08-43 returned 3.00 meters of 3.43% copper
- RMUG08-48 returned 6.00 meters of 2.86% copper
- RMUG08-49 returned 5.10 meters of 2.56% copper


Lower Footwall Stringer Zone (LFZ)

These latest holes on the 1400, 1500 and 1700 levels have returned some of the best mineralization from the underground program to date. A number of holes reported multiple zones of 2% copper or better indicating that footwall grades and thicknesses are improving with depth. The Lower Footwall Zone has never been drill tested, historic or recent, between the 1800 level and the 2700 level. As the water recedes and more drill access is made available in these untested areas, Rambler is confident that this trend of higher grade footwall stringer mineralization will continue.

Currently the single underground drill is testing both the footwall and some gold targets when accessible. Once the second underground drill arrives in June it will focus on the high grade gold and un-mined areas of the Ming Massive Sulphide leaving the existing drill to focus solely on the Footwall Zone.

Larry Pilgrim, P.Geo and Independent Consultant comments;

"The delineation of the Lower Footwall Zone at Rambler is progressing as planned with significant results returned. We are also testing the gold potential in proximity to the known deposits, as well as, peripheral un- mined massive sulphide lenses. These high-grade copper and gold rich ore shoots do have significant tonnage and are located in close proximity to the developed ramp access."

The table below highlights some of the better mineralized sections:



----------------------------------------------------------------------------
Drill Hole From To Length Length Au Cu
Level (m) (m) (m) (feet) (g/T) (%)
----------------------------------------------------------------------------
1400 RMUG08-31 9.00 11.50 2.50 8.20 0.79 1.59
RMUG08-31 87.00 100.00 8.00 26.25 0.1 1.47
including 87.00 89.00 2.00 6.56 0.14 2.75

1400 RMUG08-32 95.30 104.70 9.40 30.84 0.07 1.34
RMUG08-32 112.70 119.90 7.20 23.62 0.08 1.66
RMUG08-32 123.90 135.00 11.10 36.42 0.07 1.55

1400 RMUG08-33 126.90 152.60 25.70 84.32 0.05 0.98
including 128.90 138.90 10.00 32.81 0.1 1.72

1400 RMUG08-34 89.10 93.00 3.90 12.80 0.12 1.84
RMUG08-34 134.10 140.10 6.00 19.69 0.07 1.91
RMUG08-34 176.30 185.80 9.50 31.17 0.11 1.22

1400 RMUG08-35 84.70 88.60 3.90 12.80 0.12 2.05
RMUG08-35 173.70 176.60 2.90 9.51 0.11 2.03

1400 RMUG08-36 111.80 124.00 12.20 40.03 0.09 1.12
RMUG08-36 153.90 162.60 8.70 28.54 0.08 1.05

1400 RMUG08-37 88.50 90.60 2.10 6.89 0.23 2.38
RMUG08-37 119.30 134.70 15.40 50.52 0.06 1.21
RMUG08-37 189.80 194.80 5.00 16.40 0.07 1.93

1500 RMUG08-38 104.70 107.20 2.50 8.20 0.27 1.73
RMUG08-38 128.70 132.70 4.00 13.12 0.22 1.93
RMUG08-38 172.30 189.80 17.50 57.41 0.07 1.61
including 173.30 183.10 9.80 32.15 0.09 1.88

1500 RMUG08-39 171.35 186.90 15.55 51.02 0.06 1.77

1500 RMUG08-40 111.60 113.20 1.60 5.25 0.19 2.86
RMUG08-40 174.30 194.70 20.40 66.93 0.11 1.49
including 187.70 193.70 6.00 19.69 0.26 2.61

1500 RMUG08-41 136.90 144.80 7.90 25.92 0.36 2.17
RMUG08-41 153.85 178.90 25.10 82.35 0.1 1.3
including 157.90 161.90 4.00 13.12 0.12 2.79
including 167.90 170.70 2.80 9.19 0.11 2.26
including 177.40 178.40 1.00 3.28 0.95 5.6

1500 RMUG08-42 127.70 130.70 3.00 9.84 0.15 1.47
RMUG08-42 148.50 164.10 15.60 51.18 0.08 1.45
including 148.50 152.50 4.00 13.12 0.21 2.86
RMUG08-42 178.00 185.30 7.30 23.95 0.02 1.23

1500 RMUG08-43 134.40 169.90 35.50 116.47 0.07 1.41
including 144.40 169.90 25.50 83.66 0.07 1.71
including 165.00 168.00 3.00 9.84 0.15 3.43

1700 RMUG08-47 68.20 72.20 4.00 13.12 0.15 1.55
RMUG08-47 180.60 192.60 12.00 39.37 0.09 1.66
including 181.60 187.60 6.00 19.69 0.14 2.4

1700 RMUG08-48 131.70 150.60 18.90 62.01 0.08 1.28
including 141.70 147.70 6.00 19.69 0.21 2.86

1700 RMUG08-49 140.30 154.20 13.90 45.60 0.08 1.34
including 144.80 153.40 8.40 27.56 0.11 1.75
RMUG08-49 166.20 184.15 17.95 58.89 0.12 1.39
including 173.1 178.2 5.1 16.73 0.10 2.56


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.

Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical content of this release and has reviewed and approved it accordingly. Mr. Pilgrim is an independent consultant contracted by Rambler Metals and Mining plc.

All tonnes are dry metric tonnes.

Analytical results for Rambler core are first determined at Eastern Analytical, Springdale, NL. Samples are then shipped by courier to Activation Laboratories Ltd.("Actlabs'), Ancaster Ontario, where a 34 element ICP analysis and gold fire assay are performed. The results presented in this release are based on assay data from Eastern Analytical and Actlabs'. ActLabs' data, being the accredited lab for this project, will supersede all other results.

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 does not accept responsible for the adequacy or accuracy of this release.

Contact Information

  • Rambler Metals and Mining Canada Limited
    George Ogilvie, P.Eng.
    President and CEO
    (709) 532-4990
    or
    Rambler Metals & Mining Plc
    Leslie Little
    Company Secretary
    +44 (0) 20-7661-8104
    Website: www.ramblermines.com
    or
    Seymour Pierce Limited
    Nandita Sahgal
    +44 (0) 20-7107 8000
    or
    Pelham Public Relations
    Chelsea Hayes
    +44 (0) 20-7743-6675
    or
    Pelham Public Relations
    Klara Kaczmarek
    +44 (0) 20-3159-4395