10th November, 2008
Rambler Continues to Report Exceptional High Grade
Gold, Copper and Zinc at the Ming Mine within the new 1806 Zone:
Including 9.50 metres of 20.31 g/t Gold, 4.21 % Copper and 4.31 % Zinc
London, England & Baie Verte, Newfoundland and Labrador � Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) is pleased to announce continued high grade gold, copper and zinc drill results from its underground diamond drilling exploration and in-fill program at the Ming Mine.
Highlights include the following assay results:
Drill Hole
|
Sample Length
|
Gold
|
Copper
|
Zinc
|
RMUG08-126A
|
23.20 m
|
4.74 g/t
|
0.86 %
|
0.55 %
|
Including
|
8.10 m
|
7.55 g/t
|
1.71 %
|
0.66 %
|
RMUG08-128
|
8.20 m
|
4.19 g/t
|
1.51 %
|
0.45 %
|
RMUG08-130
|
6.70 m
|
1.99 g/t
|
1.13 %
|
0.33 %
|
RMUG08-134
|
3.00 m
|
3.41 g/t
|
0.13 %
|
4.30 %
|
RMUG08-135
|
53.00 m
|
1.36 g/t
|
0.02 %
|
0.29 %
|
Including
|
5.00 m
|
4.22 g/t
|
0.11 %
|
2.02 %
|
RMUG08-138
|
12.8 m
|
4.65 g/t
|
0.46 %
|
7.30 %
|
Including
|
6.60 m
|
7.68 g/t
|
0.60 %
|
12.11 %
|
RMUG08-139
|
15.80 m
|
7.64 g/t
|
0.74 %
|
4.19 %
|
Including
|
4.60 m
|
19.36 g/t
|
2.23 %
|
11.43 %
|
RMUG08-140
|
2.30 m
|
5.53 g/t
|
2.45 %
|
0.28 %
|
RMUG08-141
|
4.30 m
|
4.09 g/t
|
0.70 %
|
0.05 %
|
RMUG08-142
|
9.50 m
|
20.31 g/t
|
4.21 %
|
4.31 %
|
Including
|
1.00 m
|
53.10 g/t
|
5.60 %
|
4.70 %
|
Ming Massive Sulphide Horizon �1806 Zone
The latest in-fill drill results from the underground program have confirmed the plunge extension of the copper, gold and zinc mineralization over multiple levels. The zone�s plunge length has now been defined over 250 metres while the strike length is estimated to be at least 20 metres. 3D modeling of all drill holes has allowed Rambler�s geologists to interpret the true thickness of the 1806 zone to be approximately 10 metres.
Drill bays are also ready on the 1400 level and the 1050 level where the diamond drill is set up to further delineate the zone so that this information can be included in the NI43-101 resource update due to be released in calendar 1Q2009.
In reviewing the historical mine data (pre-1982 and non NI43-101 compliant) a face sample on the 2200 level of 15.6 g/t Au over 2.74m (9 feet) is believed to be the 1806 Zone. Rambler plans to target this area as part of the new development out to the 1807 Zone (see below). If successful, the new interpreted plunge length of the 1806 zone will possibly be in excess of 1,000 metres remaining open at depth.
New Underground Development � 1807 Zone
Plans have been made to commence development on the next access drift to the 1807 zone. This is the second drift accessing the high grade mineralization and will be used as an exploration drift and then production platform once the mine is back in operation.
Diamond drill hole RM08-20m, which returned 4.0 metres of 6.3 % copper and 2.1 g/t gold, was the deepest surface hole included in the measured resource of the 1807 zone. (see Rambler press release 28th February 2008) Once the development is completed, underground drill access will be available to further test the down plunge extension of this exceptional high grade mineralization.
George Ogilvie, P.Eng and Chief Executive Officer, Rambler commented;
�We are very pleased by the latest drilling results which confirms our belief that there could be a significant gold resource in excess of the 155,000 ounces of gold currently defined within our NI43-101 resource estimate. Importantly this potential resource could be mined in the mine�s early years for a relatively low cost and thus further improve project economics and returns for shareholders.�
The table below summarizes the widths and grades of the recent diamond drill holes.
Drill Level
|
Hole
|
From (m)
|
To (m)
|
Length (m)
|
Length (feet)
|
Au
(g/t)
|
Cu (%)
|
Zn
(%)
|
740 lv
|
RMUG08-126
|
3.10
|
10.67
|
7.57
|
24.84
|
1.13
|
0.36
|
0.28
|
|
|
|
|
|
|
|
|
|
740 lv
|
RMUG08-126A
|
0.10
|
45.10
|
45.00
|
147.64
|
2.82
|
0.68
|
0.43
|
|
Including
|
8.10
|
39.30
|
31.20
|
102.36
|
3.86
|
0.79
|
0.52
|
|
Including
|
16.10
|
39.30
|
23.20
|
76.12
|
4.74
|
0.86
|
0.55
|
|
Including
|
25.50
|
33.60
|
8.10
|
26.57
|
7.55
|
1.71
|
0.66
|
|
|
|
|
|
|
|
|
|
740 lv
|
RMUG08-127
|
1.20
|
3.50
|
2.30
|
7.55
|
1.13
|
0.68
|
0.51
|
|
|
|
|
|
|
|
|
|
740 lv
|
RMUG08-128
|
0.20
|
10.70
|
10.50
|
34.45
|
3.29
|
1.20
|
0.36
|
|
Including
|
0.20
|
8.40
|
8.20
|
26.90
|
4.19
|
1.51
|
0.45
|
|
|
|
|
|
|
|
|
|
740 lv
|
RMUG08-130
|
0.20
|
13.90
|
13.70
|
44.95
|
1.34
|
0.78
|
0.26
|
|
Including
|
6.20
|
12.90
|
6.70
|
21.98
|
1.99
|
1.13
|
0.33
|
|
|
|
|
|
|
|
|
|
400 lv
|
RMUG08-132
|
0.00
|
3.80
|
3.80
|
12.47
|
1.07
|
0.13
|
0.02
|
|
Including
|
0.00
|
2.30
|
2.30
|
7.55
|
1.68
|
0.20
|
0.02
|
|
|
|
|
|
|
|
|
|
400 lv
|
RMUG08-133
|
0.20
|
9.60
|
9.40
|
30.84
|
0.73
|
0.03
|
0.02
|
|
Including
|
3.10
|
5.10
|
2.00
|
6.56
|
1.40
|
0.04
|
0.01
|
|
|
|
|
|
|
|
|
|
400 lv
|
RMUG08-134
|
11.10
|
19.70
|
8.60
|
28.22
|
1.68
|
0.13
|
1.54
|
|
Including
|
11.10
|
14.10
|
3.00
|
9.84
|
3.41
|
0.13
|
4.30
|
|
|
|
|
|
|
|
|
|
400 lv
|
RMUG08-135
|
0.00
|
53.00
|
53.00
|
173.88
|
1.36
|
0.02
|
0.29
|
|
Including
|
3.40
|
10.50
|
7.10
|
23.29
|
3.38
|
0.02
|
0.02
|
|
Including
|
16.80
|
21.80
|
5.00
|
16.40
|
4.22
|
0.11
|
2.02
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-136
|
43.90
|
46.30
|
2.40
|
7.87
|
1.64
|
0.45
|
0.04
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-137A
|
48.40
|
52.60
|
4.20
|
13.78
|
1.48
|
0.17
|
0.11
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-138
|
35.20
|
48.00
|
12.80
|
41.99
|
4.65
|
0.46
|
7.30
|
|
Including
|
40.40
|
47.00
|
6.60
|
21.65
|
7.68
|
0.60
|
12.11
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-139
|
22.10
|
44.40
|
22.30
|
73.16
|
5.65
|
0.52
|
3.01
|
|
Including
|
28.60
|
44.40
|
15.80
|
51.84
|
7.64
|
0.74
|
4.19
|
|
Including
|
39.80
|
44.40
|
4.60
|
15.09
|
19.36
|
2.23
|
11.43
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-140
|
33.00
|
36.10
|
3.10
|
10.17
|
4.30
|
2.10
|
0.25
|
|
Including
|
33.80
|
36.10
|
2.30
|
7.55
|
5.53
|
2.45
|
0.28
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-141
|
30.5
|
50.1
|
19.60
|
64.30
|
2.45
|
0.51
|
0.61
|
|
Including
|
44.8
|
49.1
|
4.30
|
14.11
|
4.09
|
0.70
|
0.05
|
|
|
|
|
|
|
|
|
|
720 lv
|
RMUG08-142
|
56.60
|
66.10
|
9.50
|
31.17
|
20.31
|
4.21
|
4.31
|
|
Including
|
61.40
|
62.40
|
1.00
|
3.28
|
53.10
|
5.60
|
4.70
|
|
|
|
|
|
|
|
|
|
Note: Sample lengths above are core lengths and do not represent the interpreted true thickness of the mineralized horizon.
|
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 .
George Ogilvie, P.Eng.
President and CEO
Rambler Metals and Mining
Canada Limited
Tel No: 709-532-4990
|
Leslie Little
Company Secretary Rambler Metals & Mining Plc Tel No: +44 (0) 20-7661-8104
|
|
|
Nandita Sahgal
Seymour Pierce Limited
Tel No: +44 (0) 20-7107 8000
|
Chelsea Hayes/Klara Kaczmarek
Pelham Public Relations
Tel No: +44 (0) 20-7743-6675 /20-3159-4395
|
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 intersections quoted are core lengths; true widths for the Gold Zone and Ming Zone in this release are estimated to be a maximum of 50% of the intersected core lengths. Analytical results for Rambler core are first determined at Eastern Analytical, Springdale, NL. S amples 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.
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