SOURCE: Rambler Metals & Mining Plc

Rambler Metals & Mining PLC

May 22, 2014 10:00 ET

Rambler's JV Partner Provides an Update on Diamond Drilling at the Little Deer Copper Deposit

LONDON, ENGLAND and BAIE VERTE, NL and LABRADOR, NL--(Marketwired - May 22, 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 update on the diamond drilling at the Little Deer Project through its Joint Venture partner Thundermin Resources Inc. (TSX VENTURE: THR) ('Thundermin').

Thundermin Resources Inc. ("Thundermin") (TSX VENTURE: THR) and 50% joint venture partner Rambler Metals and Mining Canada Limited ("Rambler") (TSX VENTURE: RAB) (AIM: RMM) announce that they have intersected 2.9% Cu over 3.4 m and 3.8% Cu over 2.0 m, 2.1% Cu over 2.6 m, and 2.3% Cu over 6.2 m in two separate drill holes on the Little Deer Copper Deposit ("Little Deer") located approximately 10 kilometres north of Springdale in north-central Newfoundland (see Table 1 and Figure 1).

Table 1: Little Deer Drill Results (2014)

Hole No.   NAD 83 UTM Zone 21   Dip
(˚)
  Az
(˚)
  From
(m)
  To
(m)
  Interval
(m)*
  Cu
(%)
  East (m)   North (m)  
LD-14-63   571,149   5,492,702   -58.2   327.5   800.5   803.9   3.4   2.9
and                   819.0   819.7   0.7   1.9
and                   886.6   887.2   0.6   1.9
                                 
LD-14-63A   571,149   5,492,702   -58.2   327.5   763.3   766.3   3.0   1.0
and                   775.2   777.7   2.5   1.0
                                 
LD-14-64   571,149   5,492,702   -52.6   327.6   729.6   732.6   3.0   1.0
                                 
LD-14-64A   571,149   5,492,702   -52.6   327.6   723.3   724.3   1.0   0.9
                                 
LD-14-65   571,174   5,492,756   -51.2   329.3   206.5   208.5   2.0   3.8
and                   414.8   417.4   2.6   2.1
and                   629.6   630.0   0.4   8.0
and                   635.3   641.5   6.2   2.3
                                 
LD-14-66   571,189   5,492,780   -57.7   327.9   409.5   409.8   0.3   2.4
and                   678.5   679.5   1.0   1.5

Notes:
1)* The reported copper intersections are core lengths. The true thicknesses of the various copper intersections are highly variable due to the stringer nature of the mineralization.
2) The "A" suffix in the drill hole number indicates a wedge hole.

Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/8378H_1-2014-5-22.pdf

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