Rambler Metals and Mining Rambler Continues to ...
FOR: RAMBLER METALS & MINING PLC
TSX VENTURE SYMBOL: RAB
AIM SYMBOL: RMM
November 10, 2008
Rambler Continues to Report Exceptional High Grade Gold, Copper and Zinc at the Ming Mine Within the New 1806
Zone: Including 9.50 Metres of 20.31 g/t Gold, 4.21 % Copper and 4.31 % Zinc
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Nov. 10, 2008) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce continued high grade gold, copper and zinc drill
results from its underground diamond drilling exploration and in-fill program at the Ming Mine.
/T/
Highlights include the following assay results:
-------------------------------------------------------------
Drill Hole Sample Gold Copper Zinc
Length
-------------------------------------------------------------
RMUG08-126A 23.20 m 4.74 g/t 0.86 % 0.55 %
-------------------------------------------------------------
Including 8.10 m 7.55 g/t 1.71 % 0.66 %
-------------------------------------------------------------
RMUG08-128 8.20 m 4.19 g/t 1.51 % 0.45 %
-------------------------------------------------------------
RMUG08-130 6.70 m 1.99 g/t 1.13 % 0.33 %
-------------------------------------------------------------
RMUG08-134 3.00 m 3.41 g/t 0.13 % 4.30 %
-------------------------------------------------------------
RMUG08-135 53.00 m 1.36 g/t 0.02 % 0.29 %
-------------------------------------------------------------
Including 5.00 m 4.22 g/t 0.11 % 2.02 %
-------------------------------------------------------------
RMUG08-138 12.8 m 4.65 g/t 0.46 % 7.30 %
-------------------------------------------------------------
Including 6.60 m 7.68 g/t 0.60 % 12.11 %
-------------------------------------------------------------
RMUG08-139 15.80 m 7.64 g/t 0.74 % 4.19 %
-------------------------------------------------------------
Including 4.60 m 19.36 g/t 2.23 % 11.43 %
-------------------------------------------------------------
RMUG08-140 2.30 m 5.53 g/t 2.45 % 0.28 %
-------------------------------------------------------------
RMUG08-141 4.30 m 4.09 g/t 0.70 % 0.05 %
-------------------------------------------------------------
RMUG08-142 9.50 m 20.31 g/t 4.21 % 4.31 %
-------------------------------------------------------------
Including 1.00 m 53.10 g/t 5.60 % 4.70 %
-------------------------------------------------------------
/T/
Ming Massive Sulphide Horizon -1806 Zone
The latest in-fill drill results from the underground program have confirmed the plunge extension of the
copper, gold and zinc mineralization over multiple levels. The zone's plunge length has now been defined over
250 metres while the strike length is estimated to be at least 20 metres. 3D modeling of all drill holes has
allowed Rambler's geologists to interpret the true thickness of the 1806 zone to be approximately 10 metres.
Drill bays are also ready on the 1400 level and the 1050 level where the diamond drill is set up to further
delineate the zone so that this information can be included in the NI43-101 resource update due to be released
in calendar 1Q2009.
In reviewing the historical mine data (pre-1982 and non NI43-101 compliant) a face sample on the 2200 level of
15.6 g/t Au over 2.74m (9 feet) is believed to be the 1806 Zone. Rambler plans to target this area as part of
the new development out to the 1807 Zone (see below). If successful, the new interpreted plunge length of the
1806 zone will possibly be in excess of 1,000 metres remaining open at depth.
New Underground Development - 1807 Zone
Plans have been made to commence development on the next access drift to the 1807 zone. This is the second
drift accessing the high grade mineralization and will be used as an exploration drift and then production
platform once the mine is back in operation.
Diamond drill hole RM08-20m, which returned 4.0 metres of 6.3 % copper and 2.1 g/t gold, was the deepest
surface hole included in the measured resource of the 1807 zone. (see Rambler press release 28th February 2008)
Once the development is completed, underground drill access will be available to further test the down plunge
extension of this exceptional high grade mineralization.
George Ogilvie, P.Eng and Chief Executive Officer, Rambler commented;
"We are very pleased by the latest drilling results which confirms our belief that there could be a significant
gold resource in excess of the 155,000 ounces of gold currently defined within our NI43-101 resource estimate.
Importantly this potential resource could be mined in the mine's early years for a relatively low cost and thus
further improve project economics and returns for shareholders."
The table below summarizes the widths and grades of the recent diamond drill holes.
/T/
--------------------------------------------------------------------------
Drill Hole From To Length Length Au Cu Zn
Level (m) (m) (m) (feet) (g/t) (%) (%)
--------------------------------------------------------------------------
740 lv RMUG08-126 3.10 10.67 7.57 24.84 1.13 0.36 0.28
740 lv RMUG08-126A 0.10 45.10 45.00 147.64 2.82 0.68 0.43
Including 8.10 39.30 31.20 102.36 3.86 0.79 0.52
Including 16.10 39.30 23.20 76.12 4.74 0.86 0.55
Including 25.50 33.60 8.10 26.57 7.55 1.71 0.66
740 lv RMUG08-127 1.20 3.50 2.30 7.55 1.13 0.68 0.51
740 lv RMUG08-128 0.20 10.70 10.50 34.45 3.29 1.20 0.36
Including 0.20 8.40 8.20 26.90 4.19 1.51 0.45
740 lv RMUG08-130 0.20 13.90 13.70 44.95 1.34 0.78 0.26
Including 6.20 12.90 6.70 21.98 1.99 1.13 0.33
400 lv RMUG08-132 0.00 3.80 3.80 12.47 1.07 0.13 0.02
Including 0.00 2.30 2.30 7.55 1.68 0.20 0.02
400 lv RMUG08-133 0.20 9.60 9.40 30.84 0.73 0.03 0.02
Including 3.10 5.10 2.00 6.56 1.40 0.04 0.01
400 lv RMUG08-134 11.10 19.70 8.60 28.22 1.68 0.13 1.54
Including 11.10 14.10 3.00 9.84 3.41 0.13 4.30
400 lv RMUG08-135 0.00 53.00 53.00 173.88 1.36 0.02 0.29
Including 3.40 10.50 7.10 23.29 3.38 0.02 0.02
Including 16.80 21.80 5.00 16.40 4.22 0.11 2.02
720 lv RMUG08-136 43.90 46.30 2.40 7.87 1.64 0.45 0.04
720 lv RMUG08-137A 48.40 52.60 4.20 13.78 1.48 0.17 0.11
720 lv RMUG08-138 35.20 48.00 12.80 41.99 4.65 0.46 7.30
Including 40.40 47.00 6.60 21.65 7.68 0.60 12.11
720 lv RMUG08-139 22.10 44.40 22.30 73.16 5.65 0.52 3.01
Including 28.60 44.40 15.80 51.84 7.64 0.74 4.19
Including 39.80 44.40 4.60 15.09 19.36 2.23 11.43
720 lv RMUG08-140 33.00 36.10 3.10 10.17 4.30 2.10 0.25
Including 33.80 36.10 2.30 7.55 5.53 2.45 0.28
720 lv RMUG08-141 30.5 50.1 19.60 64.30 2.45 0.51 0.61
Including 44.8 49.1 4.30 14.11 4.09 0.70 0.05
720 lv RMUG08-142 56.60 66.10 9.50 31.17 20.31 4.21 4.31
Including 61.40 62.40 1.00 3.28 53.10 5.60 4.70
Note: Sample lengths above are core lengths and do not represent the
interpreted true thickness of the mineralized horizon.
/T/
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. 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 intersections quoted are core lengths; true widths for the Gold Zone and Ming Zone in this release are
estimated to be a maximum of 50% of the intersected core lengths. Analytical results for Rambler core are first
determined at Eastern Analytical, Springdale, NL. Samples are then shipped by courier to Activation
Laboratories Ltd.("Actlabs'), Ancaster Ontario, where a 34 element ICP analysis and gold fire assay are
performed. The results presented in this release are based on assay data from Eastern Analytical and Actlabs'.
ActLabs' data, being the accredited lab for this project, will supersede all other results.
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.
President and CEO
(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
Nandita Sahgal
+44 (0) 20-7107 8000
OR
Pelham Public Relations
Chelsea Hayes/Klara Kaczmarek
+44 (0) 20-7743-6675/20-3159-4395
The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
-0-
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