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Daily Metal Prices & Market News
Friday 10th of February 2012
Tuesday, April 15, 2008

Rambler’s gold exploration continues to develop

Rambler’s gold exploration continues to develop

Rambler Metals and Mining plc announces drill intersections from its underground diamond drilling exploration program.

- RMUG08-44 returns 20.70 metres of 1.29 g/T Au with 2.22% Cu Including 5.50 metres of 2.00 g/T Au with 7.96% Cu Including 3.60 metres of 4.30 g/T Au with 0.55% Cu

- RMUG08-27 returns 2.10 metres of 2.73 g/T Au with 1.91% Cu

The gold mineralization on the Rambler property is beginning to develop into a significant portion of the underground drill delineation program. Given the close proximity of the gold mineralization to the existing underground development any new gold resource that could be added would have a positive impact on the economics of the project. While access is limited with the current drill setup, plans have been made to add a second, smaller drill to the underground program which will have the ability to quickly test gold occurrences from all levels and any possible resource from recoverable pillars.

It is Rambler’s intention to publish a NI43-101 compliant resource estimate at the end of the month. Although, there is not enough drilling data to include recent Au mineralization in this upcoming NI43-101 resource publication, Rambler expects to issue a resource update with this additional information included by calendar year end.

 


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