Drilling Report

FOR: RAMBLER METALS & MINING PLC AIM SYMBOL: RMM TSX VENTURE SYMBOL: RAB August 6, 2007 Rambler Continues to Intersect Significant Mineralization 5.15% Cu and 1.5 g/T Au over 9.84 feet LONDON, ENGLAND & BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(CCNMatthews - Aug. 6, 2007) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce continued successful results from its ongoing surface drilling program. - RM07-19g returns 9.84 feet of 5.15% copper with 1.5 g/T gold on the 1807 Zone - RM07-08d returns multiple intersections of plus 2% copper on the Ming Footwall Zone George Ogilvie, Vice President and COO of Rambler reports: "These significant results demonstrate how we are continuing to increase the tonnes of in-situ contained metal. Such continued interceptions of significant grade adds to the robustness of the project ensuring that susceptibility to long term commodity prices is reduced. Critically, both the 1807 Zone and Ming Massive Sulphide Zone are open up and down plunge adding further opportunity for resource expansion." Ming Deposit and 1807 Zone RM07-19g is the furthest hole drilled up plunge of the 1807 mine workings to date. Rambler's drilling has outlined a plunge length of 250 metres on this horizon which remains open both up and down plunge. The drill rig on this setup has been moved down plunge to follow up on the high copper grades seen in the RM18 series of holes which reported 17.65% copper and 3.5 g/T gold over 8.53 feet in RM07-18 (see Rambler Press Release February 14, 2007). Additional results from this setup are anticipated in coming weeks. /T/ --------------------------------------------------------------------- Hole From To Length Length Cu Au (m) (m) (m) (feet) (%) (g/T) --------------------------------------------------------------------- RM07-19g 592.90 601.40 8.50 27.88 2.25 0.7 Including 595.90 598.90 3.00 9.84 5.15 1.5 /T/ Ming Footwall Zone The Ming Footwall Zone (MFZ) in RM07-08d continues to define thick copper mineralization between the RM04 and RM08 series of holes. The wide intersections in this drill hole will play a key role when Rambler embarks on its 43-101 compliant reserve resource calculation in 2008. /T/ --------------------------------------------------------------------- Hole From To Length Length Cu Au (m) (m) (m) (feet) (%) (g/T) --------------------------------------------------------------------- 1072.0 1077.1 RM07-08D 0 0 5.10 16.73 1.70 0.18 1073.5 1077.1 including 0 0 3.60 11.81 2.35 0.23 1147.0 1159.0 RM07-08D 0 0 12.00 39.36 1.99 0.19 1150.0 1156.0 including 0 0 6.00 19.68 2.83 0.30 1236.8 1252.6 RM07-08D 0 0 15.80 51.82 1.92 0.07 1241.3 1252.6 including 0 0 11.30 37.06 2.30 0.07 1257.1 1269.6 RM07-08D 0 0 12.50 41.00 1.02 0.06 1257.1 1266.1 including 0 0 9.00 29.52 1.21 0.06 /T/ A complete listing of RMM drill intersections to date, as well as corresponding maps, figures and NI43- 101 compliance information can be found at www.ramblermines.com. Dewatering and Underground Delineation Program The dewatering of the old mine continues and at the time of this release some 40 million gallons of water have been pumped and processed by the water treatment plant. George Ogilvie, Vice President and COO stated; "After seven weeks we have completed 20% of our dewatering program and are well on track to have the mine dewatered during Q1 2008. Access has already been gained to the upper ramp and mining areas which are in excellent condition and have required minimal rehabilitation. At the end of Q3 2007 the first of our underground diamond drill rigs will be mobilized to begin the underground delineation drilling program. The first drill is due to arrive at site ahead of schedule on 14 September 2007." Mark Graves, P.Geo. is the Qualified Person responsible for the technical content of this release. Mr. Graves is an employee of Rambler Metals and Mining plc All tonnes are dry metric tonnes Drill intercepts quoted are core lengths; true widths are estimated to be 90% to 95% of the intersected core lengths. Samples are shipped by courier to Activation Laboratories Ltd. where a 34 element ICP analysis and gold fire assay are preformed. 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Rambler Metals and Mining Canada Limited George Ogilvie VP & COO (709) 532-4990 OR Rambler Metals & Mining Plc Leslie Little Company Secretary 020-7661-8104 Website: www.ramblermines.com OR Insinger de Beaufort Nandita Sahgal 020-7190-7000 The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. -0- Rambler Metals & Mining Plc
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