Rambler Metals and Mining Plc (RMM)

Rambler Metals and Mining Plc (RMM)

Rambler Metals and Mining Plc (RMM) -  Drills 7.50 metres of 3.62 % Copper In Lower Footwall Drill Program at the Ming Mine

Rambler Metals and Mining plc is pleased to announce further positive drill results from its underground exploration program drilling the Lower Footwall Zone at the Ming Mine.

Drilling highlights:
• Good progress on the underground drilling program at the Lower Footwall Zone which commenced in November 2007
• Additional drill rig acquired on 5th June 2008 to expedite the exploration program
• Latest samples demonstrate copper grades as high as 3.74%
• Average copper grades of over 2% copper or better with gold as a valuable by-product
• Next drill results update is expected in calendar

Lower Footwall Zone
The underground drill delineation program is progressing well and Rambler is pleased with the drill results to date.  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 commented;
“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. ”

For more information please visit: www.ramblermines.com.

No Comments

Post a Comment