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Company Information for Rambler Metals and Mining plc

Company stock charts - 12 Month chart

Exchange AIM; RMM


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Exchange TSX.V; RAB


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Company Statement

Rambler Metals and Mining plc ("Rambler") was established to invest in the base metal sector in politically stable jurisdictions. Its principal project is the Rambler copper-gold property, located on the Baie Verte Peninsula of Newfoundland and Labrador, Canada, which is at the delineation drilling stage. Rambler acquired the property in 2005 from Altius Minerals Corporation in exchange for ordinary shares.

The Rambler property hosts the former producing Ming and Ming West copper-gold mines. The Ming Mine last operated in 1982 and the Ming West Mine in 1996. Mining at the Ming Mine ceased when underground workings reached a neighbouring mining lease. Rambler Metals and Mines acquired the property after both leases had been successfully consolidated.

The Ming and Ming West Mines exploited relatively narrow zones of high-grade copper and gold mineralization. Remnants of this mineralization remain in the lower part of the Ming Mine and it is open to depth.

Rambler Metals and Mining plc currently trades on London’s AIM market under symbol RMM.


Current Operations

MING MINE PROJECT
Rambler Metals and Mining was established to invest in the base metal sector in politically stable jurisdictions. Its principal project is the Rambler Cu-Au property, located on the Baie Verte Peninsula of Newfoundland and Labrador, Canada.

Rambler is currently undergoing a mine dewatering program and is well on track to have the mine completely dewatered during Q2 2008. Water levels have already receded to the 1800 level and the mine is in excellent condition requiring minimal rehabilitation.

Recent Events

  • Rambler Metals and Mining acquired the property after it had been successfully consolidated in 2001.
  • Surface drilling focused on extending the historically mined areas beyond the old property boundary.
  • Underground diamond drill rigs arrived on site in November 2007 to further delineate areas that could not be accessed from surface.
  • Rambler has begun a scoping study which will provide the base information for it's first NI43-101 reserve resource estimate.


Geographical Spread

Newfoundland and Labrador, Canada


Board of Directors and Key Management

D.H.W. Dobson (Chairman)
George Ogilvie (President & CEO)
John S. Thomson (CFO)
Leslie Little (Corporate Secretary)
John Baker (Director)
Brian Hinchcliffe (Non-Exec)
Brian Dalton (Non-Exec)
Stanley Neamonitis (Director)
Merfyn Roberts (Non-Exec)
Leslie Goodman (Non-Exec)
John Baker (Non-Exec)

Company Address

St. James Square
London, United Kingdom SW1Y 4JS

Telephone:+44 (0) 20-7661-8062
Facsimile:+44 (0) 20-7661-9400
Email:info[at]ramblermines.com
Website:http://www.ramblermines.com

Additional Address/Key Contact

Rambler Metals & Mining Canada Ltd.
309, Highway 410
P.O. Box 291
Baie Verte, NL
Canada A0K 1B0
Tel: (709) 532-4990
Fax: (709) 532-4992

Annual General Meeting

London

Year End

31st July

Nominated Brokers

Ocean Equities

Nominated Advisors

Seymour Pierce Limited
20 Old Bailey
London, England
EC4M 7EN

Related News

09/06/08 - Rambler Metals Presses On Towards Feasibility
04/10/07 - Rambler’s Pumping Brings Underground Drilling Closer
06/03/07 - Rambler On The Road To Reopening … At Last

Most Recent Statement

27/08/08 - Rambler Metals and Mining Reports Latest Drill Results at the Ming Mine Drills 7.4 metres of 0.3 g/T Gold and 2.22% Copper
11/08/08 - Rambler Metals and Mining Appoints General Manager
09/07/08 - Rambler’s Ming Mine Dewatered and Project Update
26/06/08 - 3rd Quarter Results 2008 and Operations Update
18/06/08 - Rambler's Drills 7.50 Metres of 3.62 % Copper in Lower Footwall Drill Program at the Ming Mine
02/06/08 - Rambler Completes Scoping Study and Moves Ahead to Pre‐feasibility

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