Board Resignation

FOR: RAMBLER METALS & MINING PLC TSX VENTURE SYMBOL: RAB AIM SYMBOL: RMM October 13, 2011 Rambler Metals and Mining plc: Altius Members Resign From Rambler Board LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Oct. 13, 2011) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') would like to announce that Non-Executive Directors Brian Dalton and John Baker provided notification that effective 13 October 2011 they will be resigning from the Rambler Board of Directors. This resignation is subsequent to the transfer of Altius' share position in Rambler earlier this year. See Rambler press release dated January 10, 2011. Harry Dobson, Chairman of the Rambler Board, commented; "On behalf of the senior management and the Board I would like to thank Brian and John for their efforts over the past 5 years and wish them every success in future endeavours. Their guidance and expertise in the minerals sector, particularly in Newfoundland and Labrador, has played an indispensable role in advancing the Ming Mine through the various stages of exploration and into production for the fourth quarter of 2011. As Rambler continues to transition into a mid-tier mining company it will continue to look to strengthen the Board with members of international pedigree and with quality networks, capable of assisting with the next phase of growth." Forward Looking Statement: Some of the statements contained herein may be forward-looking statement, which involve known and unknown risks and uncertainties. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. It is important to note that the Company's actual results could differ materially from those in such forward-looking statements. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Rambler Metals and Mining George Ogilvie, P.Eng. President and CEO 709-800-1929 OR Rambler Metals & Mining Plc. Corporate Office +44 (0) 20 8652-2700 +44 (0) 20 8652-2719 (FAX) www.ramblermines.com OR Seymour Pierce Limited Nandita Sahgal +44 (0) 20-7107-8000 OR Seymour Pierce Limited Jeremy Stephenson +44 (0) 20-7107-8000 OR Pelham Bell Pottinger Charles Vivian +44 (0) 20 7861 3126 OR Pelham Bell Pottinger Philippe Polman +44 (0) 20 7861 3861 OR Ocean Equities Limited Guy Wilkes +44 (0) 20-7786-4370 Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. -0- Rambler Metals & Mining Plc
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