Rambler Metals and Mining Plc (RMM)

Rambler’s Footwall Improving with Depth Drills 6.00 metres of 2.86% Copper

London, England & Baie Verte, Newfoundland and Labrador – Rambler Metals and Mining plc is pleased to announce new drilling results from its ongoing Lower Footwall Zone delineation program.

RMUG08-34 returned 6.00 meters of 1.91% copper
RMUG08-35 returned 3.90 meters of 2.05% copper
RMUG08-37 returned 5.00 meters of 1.93% copper
RMUG08-38 returned 9.80 meters of 1.88% copper
RMUG08-40 returned 6.00 meters of 2.61% copper
RMUG08-41 returned 7.90 meters of 2.17% copper
RMUG08-43 returned 3.00 meters of 3.43% copper
RMUG08-48 returned 6.00 meters of 2.86% copper
RMUG08-49 returned 5.10 meters of 2.56% copper

Lower Footwall Stringer Zone (LFZ)

These latest holes on the 1400, 1500 and 1700 levels have returned some of the best mineralization from the underground program to date. A number of holes reported multiple zones of 2% copper or better indicating that footwall grades and thicknesses are improving with depth.  The Lower Footwall Zone has never been drill tested, historic or recent, between the 1800 level and the 2700 level.  As the water recedes and more drill access is made available in these untested areas, Rambler is confident that this trend of higher grade footwall stringer mineralization will continue. 

Currently the single underground drill is testing both the footwall and some gold targets when accessible.  Once the second underground drill arrives in June it will focus on the high grade gold and un-mined areas of the Ming Massive Sulphide leaving the existing drill to focus solely on the Footwall Zone.

Larry Pilgrim, P.Geo and Independent Consultant comments;

“The delineation of the Lower Footwall Zone at Rambler is progressing as planned with significant results returned. We are also testing the gold potential in proximity to the known deposits, as well as, peripheral un-mined massive sulphide lenses. These high-grade copper and gold rich ore shoots do have significant tonnage and are located in close proximity to the developed ramp access.”