Rambler Metals & Mining reports positive re...
GB00B06Y3F14
21st January, 2009
RAMBLER REPORTS POSITIVE RESULTS FROM ITS TITAN 24 GEOPHYSICAL SURVEY
London, England & Baie Verte, Newfoundland and Labrador - Rambler Metals and Mining PLC (TSXV: RAB, AIM:
RMM) is pleased to announce that it has received positive results from a Titan 24 DCIP and MT survey
completed over the Rambler Property during July and August, 2008.
HIGHLIGHTS
* Seventy-seven (77) separate anomalies of varying significance were identified on the nine (9)
survey profiles.
* Two of these are deemed high priority and are represented by multi-parameter (MT+DC+IP) anomalies
with characteristics indicative of highly conductive zones similar to the Ming ore bodies. A further twenty-
eight (28) anomalies are deemed second priority, represented by varying degrees of chargeability and
resistivity.
* One of the high priority anomalies occurs approximately 300 meters below the Ming Horizon and has
an apparent strike length of 200 meters and a plunge of + 500 meters. The second high priority anomaly
occurs higher in the stratigraphy above the Ming Horizon, approximately 150 meters below surface.
* A preliminary evaluation of all the 77 anomalies has been completed and the results are currently
being imported into a 3D modelling program, which will incorporate all available geological data. After
full data evaluation a drill program will be designed to test those anomalies determined to be of the
highest potential for new discoveries.
Larry Pilgrim, Chief Geologist commented,
"Rambler is pleased with the new results produced from this survey. We are confident that the final
data interpretation will generate new targets for further exploration; potentially making new
discoveries of economically viable mineral deposits on the Rambler property. Of particular
significance are those targets directly along plunge of the delineated ore bodies, like the 1807 and
1806 zones. Further extensions of these zones could increase our current NI43-101 resource estimate
and ultimately strengthen the economics of the project."
SURVEY OBJECTIVES
The intent of the Titan DCIP and MT survey was to provide sub-surface resistivity and chargeability mapping
both along strike and down plunge of the historically producing Ming ore bodies (2.1 Mt at 3.5 percent Cu
and 0.07 oz/ton Au). The survey was designed to test the favourable Ming Horizon which hosts the high grade
Ming ore bodies. The Rambler Property covers 2,400 meters of strike length of the favourable Ming Horizon
of which only 500 meters had been previously tested at depth. The area hosts significant potential for
further discoveries both down plunge and adjacent to the known deposits.
The Ming ore bodies are members of a special class of gold rich Volcanogenic Massive Sulphide (VMS)
deposits. Three mineralization types are commonly recognized at Rambler; stratiform VMS; disseminated
stringers of sulphides in the footwall zone (MFZ); and epigenetic shear-hosted mineralization overprinting
VMS and MFZ mineralization.
The DC/IP component of the Titan survey provides an excellent means of delineating target mineralization
within the top 500 to 750 meters, far beyond any historical geophysical surveys completed from surface in
the area. The MT resistivity provides additional resistivity information from surface to depths beyond one
kilometre. The MT resistivity is useful for mapping geological contacts with resistivity contrasts and deep
conductors that can potentially represent alteration or mineralization.
SURVEY RESULTS
Rambler Metals and Mining is pleased with the results of the Titan geophysical survey. A total of seventy-
seven (77) separate DC, IP and MT anomalies of varying significance were identified on the nine (9) survey
profiles.
Two (2) of these anomalies are deemed high priority and are represented by multi-parameter (MT+DC+IP)
anomalies with low resistivity and high chargeability indicative of highly conductive zones similar to the
Ming ore bodies. One of these, a +80.0 millirad chargeability anomaly occurs approximately 300 meters below
the Ming Horizon and has an apparent strike length of 200 meters and a plunge of 500+ meters. The second
+80.0 millirad chargeability anomaly occurs higher in the stratigraphy above the Ming Horizon approximately
150 meters below surface. Twenty-eight (28) are deemed second priority represented by varying degrees of
chargeability and resistivity. Thirty-five (35) are classified as third priority, while twelve (12) are
deemed low priority anomalies.
Rambler Metals and Mining has completed a preliminary evaluation of the 77 anomalies and is in the process
of importing the results into a 3D modelling program. The 3D model will incorporate all historical and
recent diamond drilling data, historical geophysical, geochemical data and surface geological mapping. The
3D interpretation will redefine the geophysical anomalies based on their proximity to known mineralization
or location within the stratigraphic pile.
No other known source of conductive material (such as graphite) has been reported in the Rambler Camp from
underground development or diamond drilling. Therefore Rambler Metals and Mining is confident that a number
of the anomalous zones defined by the Titan survey are a result of accumulations of disseminated, stringer
or massive sulphides similar to other known mineralization in the Rambler Camp. After full evaluation of
all of the anomalies a drill program will be designed to test those determined to be of the highest
potential for new discoveries.
Rambler Metals and Mining would like to thank the Government of Newfoundland and Labrador for its monetary
contribution to the project under the Junior Exploration Mineral Incentive Program administered through the
Department of Natural Resources.
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.
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/Klara Kaczmarek
Seymour Pierce Limited Pelham Public Relations
Tel No: +44 (0) 20-7107 8000 Tel No: +44 (0) 20-7743-6675 /20-3159-4395
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.
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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