Rambler's Underground Footwall Program Dril...
26 March 2008
Rambler's Underground Footwall Program Drills 11.7 Metres of 2.25% Copper
London, England & Baie Verte, Newfoundland and Labrador - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) is pleased to announce drill intersections from its ongoing lower footwall delineation program.
* RMUG08-19 returned 4.05 meters of 2.97% copper
* RMUG08-20 returned 4.40 metres of 2.15% copper
* RMUG08-21 returned 6.00 metres of 2.46% copper
* RMUG08-24 returned 4.00 metres of 1.81% copper
* RMUG08-28 returned 3.10 metres of 1.81% copper
* RMUG08-30 returned 11.70 metres of 2.25% copper
Lower Footwall Stringer Zone (LFZ)
The underground footwall delineation program is progressing well and at the time of this release 7475 metres of the 20,000 metre program have been drilled. Drill Bays on the 740, 1020, 1130, 1200, 1400 and 1500 levels are completed with additional bays cut and ready for setup on the 1600, 1700, and 1800 levels. The program so far has returned encouraging results and there appears to be a higher grade section of 2% copper or better within the overall mineralized envelope. This higher grade section will allow the scoping study to evaluate the entire lower footwall zone under a range of commodity prices and potential mining scenarios. Further 3D geologic modeling of both the mineralized zone and the cross cutting mafic intrusives will aid this evaluation.
All of these new drill results as well as the 3D modeling will be incorporated into Rambler's first NI43-101 resource estimate to be published in April 2008. The qualified resource estimate will complement the ongoing scoping level report which is evaluating the economics of mining the lower footwall stringer zone, upper footwall stringer zone and massive sulphide horizons.
Hole From To Length Length Cu Au Drill
(m) (m) (m) (feet) (%) (g/T) Level
RMUG08-16 124.70 135.80 11.10 36.42 1.49 0.25 1020
RMUG08-16 189.80 192.80 3.00 9.84 1.60 0.13
RMUG08-17 104.20 115.00 10.80 35.43 1.24 0.10 1130
RMUG08-17 136.60 147.10 10.50 34.45 1.87 0.10
RMUG08-18a 177.80 182.80 5.00 16.40 2.10 0.06 1130
RMUG08-19 129.60 135.10 5.50 18.04 1.65 0.08 1130
RMUG08-19 141.40 159.50 18.10 59.38 1.27 0.05
RMUG08-19 170.60 174.65 4.05 13.29 2.97 0.23
RMUG08-20 139.90 143.30 3.40 11.15 2.07 0.11 1130
RMUG08-20 158.90 165.10 6.20 20.34 1.88 0.09
including 158.90 163.30 4.40 14.44 2.15 0.11
RMUG08-21 124.10 130.10 6.00 19.68 2.46 0.13 1130
RMUG08-21 186.70 191.00 4.30 14.11 1.95 0.08
RMUG08-22 108.50 114.50 6.00 19.68 1.60 0.12 1130
RMUG08-23 49.70 51.70 2.00 6.56 2.65 0.62 1130
RMUG08-23 118.10 136.00 17.90 58.73 1.30 0.06
RMUG08-24 143.60 147.60 4.00 13.12 1.81 0.08 1200
RMUG08-24 171.10 183.40 12.30 40.35 1.44 0.14
RMUG08-26 118.90 120.70 1.80 5.91 1.76 1.14 1200
RMUG08-28 151.50 154.60 3.10 10.17 1.81 0.17 1200
RMUG08-29 83.90 92.90 9.00 29.53 1.10 0.06 1400
RMUG08-30 81.10 84.10 3.00 9.84 2.43 0.18 1400
RMUG08-30 104.30 117.40 13.10 42.98 1.41 0.06
RMUG08-30 121.30 133.00 11.70 38.39 2.25 0.07
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.
Larry Pilgrim, P.Geo and Independent Consultant comments;
"The Rambler Metals and Mining exploration team are pleased with the results of the Underground footwall stringer delineation drilling program to date. The 2% copper section we are seeing in most holes is certainly encouraging and with further 3D modeling we are hoping to connect this zone over the entire plunge length of the footwall zone.
"A portion of the underground drilling program is targeting the previously reported gold zone; however with the current drill program size it is difficult to drill all targets expediently. To overcome this issue we are considering adding a second, smaller, underground drill. This new drill will have the capability of testing the gold zone as well as testing any high grade pillars left behind from previous mining activities."
George Ogilvie, P.Eng. Leslie Little
President and CEO Company Secretary
Rambler Metals and Mining Rambler Metals & Mining Plc
Canada Limited Tel No: +44 (0) 20-7661-8104
Tel No: 709-532-4990
Nandita Sahgal Chelsea Hayes
Seymour Pierce Limited Pelham Public Relations
Tel No: +44 (0) 20-7107 8000 Tel No: +44 (0) 20-7743-6675
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 footwall zone 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
Rambler Metals & Mining Plc
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