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Thursday, June 19, 2008

Rambler provides positive results at the Ming Mine

Rambler provides positive results at the Ming Mine

Canada’s Rambler Metals and Mining plc continues success with its underground exploration program drilling at the Lower Footwall Zone at the Ming Mine.

The company, which had commenced drilling program at the Lower Footwall Zone in November 2007, has announced further positive drill results.

Realising good progress on the underground drilling program, the company has required additional drill rig on 5th June 2008 to expedite the exploration program

The company said that latest samples demonstrate copper grades as high as 3.74%, while average copper grades of over 2% copper or better with gold as a valuable by-product.

The company hopes that the continued success of this program will have a significant impact on both the size and grade of the footwall resource which will in turn strengthen the economics of this already extensive zone.

Over the coming months, Rambler plans to refine the 4,000 tpd mining rate envisaged in the recently completed scoping report through its pre-feasibility engineering study.

Larry Pilgrim, Chief Geologist and independent consultant said, we are very pleased that Rambler now has two underground drill rigs on site especially at a time when the mining industry is facing increased demands for such equipment.

These drills are now in place, testing both the footwall stringer zone and the strike extension of the Ming Massive sulphide horizon.

Rambler is confident that the results of these drill programs will continue to build on the resource estimate outlined in the NI 43-101 Report released on June 16th 2008.

 

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