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

Rambler Metals & Mining Plc

January 31, 2008 02:00 ET

Rambler's Underground Footwall Program Returns Encouraging Results

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Jan. 31, 2008) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce the first lower footwall intersections from its underground drilling delineation program.



- RMUG07-06 returned 17.9 meters of 1.85% copper
Including 10.5 metres of 2.25% copper
- RMUG07-09 returned 15.1 metres of 1.51% copper
- RMUG07-10 returned 70.3 metres of 1.06% copper
Including 13.0 metres of 1.88% copper
- RMUG08-14 returned 5.2 metres of 2.05% copper


Lower Footwall Zone (LFZ)

The upper portion of the Lower Footwall Zone historically reported copper grades of 1% with an average thickness of 20 metres. Results from the first seven underground drill holes completed from the 740 and 1020 levels have confirmed multiple intersections of 20 metres, with grades of many of these zones approaching 1.5% to 2% copper. Although the grades and widths are not as robust as the surface drilling results further down plunge, these initial findings are encouraging since they exceed any of the previously reported mineralization.

Drill stations are currently developed on the 740, 1020, 1200 and 1400 levels targeting the lower footwall on a 50 metre drill spacing, which will allow the new results to be incorporated in Rambler's first NI43-101 resource estimate to be published in May 2008.



----------------------------------------------------------------
Hole From To Length Length Cu Au
(m) (m) (m) (feet) (%) (g/T)
----------------------------------------------------------------
RMUG07-06 160.80 178.70 17.90 58.73 1.85 0.34
including 166.80 177.30 10.50 34.45 2.25 0.45

RMUG07-09 118.00 178.60 60.60 198.82 0.71 0.10
including 153.20 168.30 15.10 49.54 1.51 0.11

RMUG07-10 112.50 182.80 70.30 230.64 1.06 0.10
including 125.10 138.10 13.00 42.65 1.88 0.20
including 141.00 168.60 27.60 90.55 1.21 0.09

RMUG08-12 179.30 195.80 16.50 54.13 1.04 0.09
including 186.10 194.80 8.70 28.54 1.45 0.13

RMUG08-13 48.10 132.20 84.10 275.92 0.59 0.09
including 49.10 56.10 7.00 22.97 1.27 0.17
including 115.20 123.20 8.00 26.25 1.55 0.17
RMUG08-13 170.10 188.40 18.30 60.04 0.98 0.06
including 184.40 188.40 4.00 13.12 1.66 0.13

RMUG08-14 56.10 61.40 5.30 17.39 1.93 0.18
RMUG08-14 118.90 128.30 9.40 30.84 1.35 0.10
RMUG08-14 171.60 189.70 18.10 59.38 1.22 0.08
including 172.60 179.90 7.30 23.95 1.40 0.08
including 182.60 187.80 5.20 17.06 2.05 0.16

RMUG08-15 175.60 188.30 12.70 41.67 1.34 0.08
RMUG08-15 193.80 208.50 14.70 48.23 1.45 0.07


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 and Independent Consultant comments;

"The assay results from the first seven underground drill holes specifically designed to target the footwall zone are encouraging. The results confirm the historically reported widths with even better grades. It is important to note that these holes tested the up dip extension of the footwall zone on the 740 and 1020 levels and remain open up plunge. Recent and historical drilling has confirmed that the footwall zone extends down to the 3200 level for a plunge length of 1700 meters (5,500 feet) with grades and widths increasing with depth (see Rambler Metals and Mining Press Release dated 2nd October, 2007). The zone has not been cut off down-plunge or up-plunge; this represents further additional drilling opportunity to add to the NI43-101 resource estimate."

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.

Drill intercepts quoted are core lengths; true widths for the footwall zone 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
    or
    Rambler Metals & Mining Plc
    Leslie Little
    Company Secretary
    +44 (0) 20-7661-8104
    Website: www.ramblermines.com
    or
    Seymour Pierce Limited
    David Newton
    +44 (0) 20-7107 8000
    or
    Pelham Public Relations
    Chelsea Hayes
    +44 (0) 20-7743-6675