Rambler Metals and Mining (RMM)

Rambler Reports Latest Drill Results at the Ming Mine

Rambler Metals and Mining plc (RMM) is pleased to announce further positive drill results from its underground diamond drilling exploration program at the Ming Mine.

Lower Footwall Zone
Delineation drilling of the Lower Footwall Stringer Zone is progressing well and has returned some very encouraging results.  The envelope of footwall mineralization is larger than originally modeled from the historic drilling and there appears to be higher grade zones within the lower footwall with better than 2% copper.  In addition to these positive findings, the new footwall drilling has returned elevated gold grades in a number of intersections.  This grade of gold has never been reported in the lower footwall zone and if sizable will have a significant impact on the updated NI43-101 resource statement to be released early in 2009.  Further work is ongoing to determine the extent of this mineralization and its controlling structures.
Of the contracted 20,000 metres, 16,000 metres have already been drilled with much of the new drilling focused on untested areas between the 1800 and 2600 levels.  This new infill drilling has allowed for a better understanding of the nature of the deposit, cross cutting mafic intrusives as well as tighter control of the mineralization in the footwall zone.

George Ogilvie, P.Eng, President and CEO, Rambler commented;
“We have been extremely pleased with our underground diamond drilling campaign to date which is confirming our initial assumptions that the Lower Footwall Zone grade is improving with depth. This bodes well for our long term mining plan while creating significant opportunity for further mineralized extension now that the mine is de-watered. The ore block for the Lower Footwall Zone as defined within our NI43-101 will soon be drilled off on 50m centres producing a resource in the indicated category. It is then our intention to undertake infill drilling on 25m centres in areas with higher grade to move these resources into the measured category which then allows a mineable reserve to be calculated. This exercise moves us one step closer to production.”