Drilling Report

Rambler Metals & Mining PLC
08 September 2006


                          Rambler Metals & Mining plc

8th September 2006


                 ONGOING DRILLING AT RAMBLER PROJECT EXTENDS
                   MING FOOTWALL ZONE (MFZ) BY 225 METERS


London - Rambler Metals and Mining plc is pleased to report continuing
significant drill results from its Phase II drilling program at the Rambler
Copper-Gold Project in Newfoundland and Labrador, Canada.  Three holes have been
completed since the last report and all have returned significant results.

Hole RM-06-17, which was a significant step-out designed to test the MFZ
approximately 225 metres up-plunge from the area of recent successful drilling
results within this zone, has returned a positive result. The hole intersected
19.50 metres (64.0 feet) grading 2.28% copper followed by a separate 4.5 metres
(14.8 feet) grading 2.14% copper 12 metres further down hole.  Hole 17A, a
directional offset hole from hole 17, is currently in progress.

The recently discovered high grade 'Upper Ming Footwall Zone,' which was
initially encountered in holes 4f and 4g, has now also been intersected in
directional offset hole 4h.  The hole intersected 5.40 metres (17.7 feet)
grading 5.36% copper and 0.7 g/t gold.

Hole 3e, a directional offset from hole 3 has returned 9.18 metres (30.1 feet)
grading  2.66 % copper.

A table summary of significant assay results received during the period  is
included below.

Rambler Chairman Harry Dobson commented, 'The up-plunge extension of the MFZ as
indicated by Hole 17 has significant implications for the overall tonnage
potential of the zone and we wait with anticipation for the results from
additional holes in this area. The new Upper MFZ has also been extended and we
will continue to trace this zone with a detailed offset hole pattern given the
extremely high grades encountered.'


Drill                From           To       Length      Length         Cu         Au       Zone
Hole             (meters)     (meters)     (meters)      (feet)        (%)      (g/t)
                                                                            
RM06-03e           934.65       943.83         9.18        30.1       2.66        0.1        MFZ
RM06-04h           967.10       972.50         5.40        17.7       5.36        0.7       UMFZ
including          968.60       970.60         2.00         6.6      11.55       1.58       UMFZ
RM06-17            752.90       772.40        19.50        64.0       2.28        0.1        MFZ
RM06-17            784.00        788.5         4.50        14.8       2.14        0.1        MFZ



For additional information please contact:

Leslie Little, Company Secretary                            Guy Wilkes
Rambler Metals & Mining Plc                                 Ocean Equities
T: 020-7661-8104                                            T: 020-7786-4370



J.Geoffrey Thurlow, Ph.D., P.Geo., a Director of Altius Resources Inc., is the
Qualified Person responsible for technical content of this release.  Drill
intercepts quoted are core lengths; true widths are estimated to be 90% to 95%
of the intersected core lengths.  National Instrument 43-101 compliance
information regarding sampling and analytical protocols pertaining to the
Rambler Project can be accessed via the following link: http://
www.ramblermines.com

Exploration on the Rambler property is being conducted by Altius Resources Inc.
under a service agreement with Rambler Metals and Mining plc.  All drill holes
have produced 47.6 millimetre diameter (1.875-inch) NQ diamond drill core.  The
drill core is descriptively logged on site, aligned, marked for sampling and
then split in half, longitudinally, using a diamond saw blade.  One-half of the
core is preserved in core boxes for future reference. The samples comprising the
other half of the core are bagged, sealed and delivered directly to the
analytical laboratory by Altius personnel.  Base metal-bearing samples are
nominally 1 metre to 1.8 metres (3.28 to 5.90 feet) in length except where
specific geologic parameters require that a smaller interval be sampled.
Samples with suspected precious metal content are nominally one metre or less,
depending on the geological circumstances.

The sawed samples are delivered directly to Eastern Analytical Ltd. in
Springdale, Newfoundland by Altius personnel where they are dried, crushed and
pulped and assayed.  Samples are crushed to approximately -10 mesh and split
using a riffle splitter to approximately 300 grams.  The sample split is
pulverized using a ring mill to approximately 98% minus 150 mesh.  In addition
to regular samples, blank samples and quarter-split samples are also submitted
for crushing/pulping.

The sample pulps are picked up directly at Eastern Analytical by Altius
personnel and returned to the project site at which point analytical standard
samples and duplicate samples from previous batches are inserted into the sample
stream.  All sample rejects are also retrieved from Eastern Analytical by Altius
personnel and securely stored by Altius.

The sample pulps are shipped by courier to Activation Laboratories Ltd. in
Ancaster, Ontario for analysis.  A typical analysis consists of three,
industry-standard components:

(1)  an aqua regia digestion followed by a 34 element ICP analysis,
(2)  a gold assay consisting of a one assay ton fire assay with finish by atomic
     absorption, and
(3)  an assay of specific base metals by aqua regia digestion followed by atomic
     absorption spectroscopy for those elements which exceed the limits of ICP
     accuracy.




About the Company

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 from Altius
Minerals Corporation in exchange for ordinary shares during 2005.

The Rambler property contains 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 of the Ming Mine ceased when workings reached a neighbouring
property boundary.  Rambler Metals and Mines acquired the property after it had
been successfully consolidated.

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

In 2004, two holes were drilled to test the depth potential of the underlying
Ming Footwall Zone (MFZ), which was partially outlined nearer to surface by the
previous mining operator. These drill holes both returned wide zones of copper
mineralization with substantially better indicated grades than encountered in
the nearer to surface historic holes and the MFZ became a priority for
delineation drilling.

The first phase of drilling was carried out from April through December 2005 and
involved the completion of widely spaced holes from which offset holes could be
completed using directional drilling technology.  The directional drilling
program began in January of 2006 and holes are now being spaced at approximately
50 metre centres in order to delineate the mineralized areas.

A program of dewatering and rehabilitation of the Ming Mine underground
infrastructure is currently at the permitting stage.  This work is being
undertaken with a view towards accelerating resource delineation and, hopefully,
the resumption of mining operations on the property.

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



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