| Rambler Files Lower Footwall Zone Prefeasibility Technical Report on SEDAR | |
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LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND and LABRADOR, CANADA--(Marketwired - Sep 9, 2015) - Rambler Metals and Mining plc, a Canadian copper and gold producer, explorer and developer (TSX VENTURE: RAB) (AIM: RMM) (LSE: RMM) ("Rambler" or the "Company") today reports that it has filed the NI43-101 technical report to accompany the pre-feasibility results previously announced on 20 July 2015. The PFS was successful in defining a staged, low capital strategy for the optimisation of all existing infrastructure through the integration of the Lower Footwall Zone ('LFZ') mineral resource into the life of mine ('LOM') plan for the Ming Copper-Gold Mine. The operation will begin running at full capacity in 2018 at 1,250 metric tonnes per day ('mtpd') with a projected mine life of 21 years. The results show positive economics, a strong Internal Rate of Return ('IRR') and significant cash flow under reasonable commodity price assumptions. In addition, there remain further opportunities for improvement as the operation becomes fully optimised. All currency is expressed in Canadian dollars ($CDN) unless otherwise noted. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/5716Y_1-2015-9-9.pdf
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Rambler Metals & Mining Plc
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EXPLORATION STAGE |
CODE : RMM.L |
ISIN : GB00B06Y3F14 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Rambler Metals & Mining is a zinc and gold exploration company based in United kingdom. Rambler Metals & Mining holds various exploration projects in Canada. Its main exploration properties are BIG BEAR and MING MINE in Canada. Rambler Metals & Mining is listed in Canada and in United Kingdom. Its market capitalisation is GBX 1.1 billions as of today (US$ 1.3 billions, € 1.2 billions). Its stock quote reached its highest recent level on February 17, 2017 at GBX 9.99, and its lowest recent point on December 30, 2022 at GBX 0.05. Rambler Metals & Mining has 549 739 702 shares outstanding. |