Rambler Begins Negotiating the Details of a Sal...
FOR: RAMBLER METALS & MINING PLC
TSX VENTURE SYMBOL: RAB
AIM SYMBOL: RMM
August 12, 2009
Rambler Begins Negotiating the Details of a Sale and Purchase Agreement With Crew Gold Corporation for the
Nugget Pond Processing Facilities
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Aug. 12, 2009) - Rambler Metals and
Mining plc ('Rambler') (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce that it has entered into exclusive
negotiations with Crew Gold Corporation (TSX:CRU)(OSLO:CRU)(FRANKFURT:KNC)(PINK SHEETS:CRUGF) (Crew) for the
purchase of the Nugget Pond processing facility (the 'Facility') situated on the Baie Verte Peninsula in
Newfoundland, just 40 km's from Rambler's Ming Mine.
Crew received Rambler's original bid for the facility in April 2009, however the previous owner of the facility
was entitled to exercise a Right of First Refusal to reacquire the assets under the same conditions of the sale
and purchase. On 7 August 2009, the previous owner confirmed they were unable to exercise this Right thereby
allowing Rambler to enter into final negotiations with Crew for this asset. The acquisition of the facility
will give Rambler immediate access to the site allowing a retrofit of the existing CIL Gold Mill with the
addition of a copper flotation circuit. The retrofit will not affect the current operation of the facility as
Crew Gold currently toll mills ore from the Pine Cove Gold Mine under an agreement scheduled to expire on 30
June 2010.
George Ogilvie, President and CEO commented;
"The eventual acquisition of the facility provides an attractive opportunity for the Company and would greatly
improve project economics. The mill is in excellent condition and operates to high environmental standards. Its
location and milling infrastructure is well suited to Rambler's operations on the Baie Verte Peninsula."
Further information will be released to the market as and when negotiations are concluded.
About the Company
The Rambler property had been a former underground copper and gold producing property that ceased production
when the deposit reached a then third party property boundary. This neighbouring property was subsequently
consolidated before being brought into the Company. The Company now owns a 100% interest in the property.
The principal activity of the Group is carrying out development and exploration on the Rambler Property a
mineral exploration property located on Newfoundland and Labrador's Baie Verte Peninsula.
FOR FURTHER INFORMATION PLEASE CONTACT:
Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
Canada Limited
709-532-4990
OR
Rambler Metals & Mining Plc
Leslie Little
Company Secretary
+44 (0) 20-7661-8104
www.ramblermines.com
OR
Seymour Pierce Limited
Nandita Sahgal
+44 (0) 20-7107 8000
OR
Pelham Public Relations
Chelsea Hayes/Klara Kaczmarek
+44 (0) 20-7337-1523 /20-7337-1524
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.
Rambler Metals & Mining Plc
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