Drilling Report

FOR: RAMBLER METALS & MINING PLC TSX VENTURE SYMBOL: RAB AIM SYMBOL: RMM February 19, 2008 Success From Rambler's Surface Directional Drilling Program Continues Drills 5.37% copper over 3.0 metres LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Feb. 19, 2008) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce new results from its surface diamond drilling exploration program. - RM08-08k returns 3.4 m of 1.96% copper with 2.55 g/T gold in the Ming Massive Sulphide Horizon - RM08-08k returns 31.1 m of 2.12% copper in the Lower Footwall Stringer Zone -- Including 3.0 m of 5.37% copper Directional drilling targets for the RM08 drill setup were initially designed to test the deeper portions of the Ming Massive Sulphide Horizon and Stringer Footwall Zones. The great success of this program over the last number of months has confirmed the down plunge continuity of the Ming Massive Sulphide and both the Lower and Upper Footwall Zones. All of these zones are open down plunge and remain a target for future exploration programs. /T/ --------------------------------------------------------------------------- Hole From To Length Length Cu Au (m) (m) (m) (feet) (%) (g/T) --------------------------------------------------------------------------- Ming Massive Sulphide Zone RM08-08k 1013.55 1022.10 8.55 28.05 1.52 1.47 including 1013.55 1016.95 3.40 11.15 1.96 2.55 Upper Footwall Stringer Zone RM07-08j 1088.50 1103.80 15.30 50.20 1.34 0.08 including 1094.80 1098.10 3.30 10.83 3.80 0.15 Lower Footwall Stringer Zone RM08-08k 1171.90 1203.00 31.10 102.03 2.12 0.09 including 1181.40 1189.40 8.00 26.25 3.21 0.15 including 1183.40 1186.40 3.00 9.84 5.37 0.30 RM07-08i Hole stopped due to excessive deviation /T/ Ming Massive Sulphide Zone (MMS) Historically the Ming Zone produced some 2.2 million tons of ore grading 3.5% copper with 2.5 g/T gold. The down plunge drilling on the RM08 setup has extended this horizon an additional 500 metres from the existing development. More importantly, the drill spacing from this program will allow Rambler to add the extended MMS to the indicated category, or better, when it embarks on its first NI43-101 resource estimate during calendar 2Q, 2008. Upper Footwall Zone (UFZ) The Upper Footwall zone was originally discovered during the 2006 drill program when RM06-04f intersected 6 metres of 14.6% copper with 1.6 g/T gold (see Rambler release July 13, 2006). The latest UFZ intersection from RM07-08j has allowed Rambler to correlate this high grade zone an additional 200 metres down plunge bringing its total plunge length to 350 metres. Lower Footwall Stringer Zone (LFZ) RM08-08k was drilled approximately 50 metres to the north-west of the original RM05-08 mother hole. Other drill holes in this area have also returned multiple intersections of +2% copper confirming that both thickness and grade of the LFZ is improving with depth. Finishing the surface footwall program on this positive note is encouraging in that the depth potential of the LFZ is yet to be discovered. Larry Pilgrim, P.Geo and Independent Consultant comments; "It's very encouraging that drill hole RM08-08k, the deepest hole drilled to date on the down plunge of the Ming Massive Sulphide and the Lower Footwall Stringer Zones, has intersected a continuation of the robust massive and stringer mineralization and remains open at depth." For more information and a complete listing of all RMM drill intersections, corresponding maps, figures and NI43-101 compliance information please visit our website at www.ramblermines.com. Dewatering Progress With 175 million gallons of water pumped and treated from the old mine, water levels are currently nearing the main crusher station on the 1800 level. As the water table recedes, new air, water and electrical services have been installed. The Mine is expected to be fully dewatered by summer 2008. If warranted, Rambler would be in a position to begin pre-production development once the Mine is fully dewatered. Larry Pilgrim, P.Geo. is the Qualified Person responsible for the technical content of this release and has reviewed and approved it accordingly. Mr. Pilgrim is an independent consultant contracted by Rambler Metals and Mining plc. All tonnes are dry metric tonnes. Drill intercepts quoted are core lengths; true widths for the Ming, Upper and Lower Zones are estimated to be 90% to 95% of the intersected core lengths. Analytical results for Rambler core in this press release were determined at Eastern Analytical, Springdale, NL. Samples are then shipped by courier to Activation Laboratories Ltd., Ancaster Ontario, where a 34 element ICP analysis and gold fire assay are performed. 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, P.Eng. VP & COO (709) 532-4990 OR Rambler Metals & Mining Plc Leslie Little Company Secretary +44 (0) 20-7661-8104 Website: www.ramblermines.com OR Seymour Pierce Limited David Newton +44 (0) 20-7107 8000 OR Pelham Public Relations Chelsea Hayes +44 (0) 20-7743-6675 -0- Rambler Metals & Mining Plc
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