Rambler Ships More High Grade Copper Concentrat...
FOR: RAMBLER METALS & MINING PLC
AIM SYMBOL: RMM
TSX VENTURE SYMBOL: RAB
January 14, 2014
Rambler Ships More High Grade Copper Concentrate to International Markets
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwired - Jan. 14, 2014) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') today announces that, as planned, it has
delivered approximately 6,608 wet metric tonnes ('wmt') of copper and gold concentrate from Goodyear's Cove, NL
Canada.
The Company's internal sampling estimates an average grade for the shipment of 28.28 per cent copper, 7.36
grammes per tonne gold and 51 grammes per tonne silver. This is the fifth shipment, as part of an off-take
agreement with Transamine Trading SA (Transamine'), and brings the total delivered to approximately 32,300 wmt
to date.
Following the shipment, the Company still has over 3,274 wmt of concentrate in storage at its Goodyear's Cove
Storage Facility.
George Ogilvie, President and CEO, commented:
"This shipment keeps us on track with our commitment to supply
Transamine with 85,000 wmt of high grade copper concentrate.
"Production at the mine continues at a steady pace while copper recovery
at the mill is averaging 95 per cent plus, approximately two per cent
above budgeted forecasts.
"I am pleased with our continued operational progress which is
delivering enhanced value for our shareholders."
ABOUT RAMBLER METALS AND MINING
Rambler is a mining and development Company that in 2012 brought its first mine into commercial production. The
group has a 100 per cent ownership in the Ming Copper-Gold Mine, a fully operational base and precious metals
processing facility and year round bulk storage and shipping facility; all located on the Baie Verte peninsula,
Newfoundland and Labrador, Canada.
The Company's Vision is to be Atlantic Canada's leading mine operator and resource developer through the
expansion of the Ming Mine, discovering new deposits and through mergers and acquisitions. Rambler listed on
the London AIM in 2005 and Toronto TSX-V in 2007.
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 Canada Limited.
Tonnes referenced are dry metric tonnes unless otherwise indicated.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or
operating performance and other statements that express the expectations of management or estimates of future
performance constitute "forward-looking statements". Such forward-looking statements include, without
limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company,
estimates regarding timing of future development and production and statements concerning possible expansion
opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future
events or results, such expectation or belief are based on assumptions made in good faith and believed to have
a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of
recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled
grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery
and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are
subject to risks, uncertainties and other factors, which could cause actual results to differ materially from
future results expressed, projected or implied by such forward-looking statements. Such risks include, but are
not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing
of future capital expenditures and costs towards profitable commercial operations. Other factors that could
cause actual results, developments or events to differ materially from those anticipated include, among others,
increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash
operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery
rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate
acquired assets; operational risks inherent in mining or development activities and legislative factors
relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and
environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and
the forward-looking statements contained in this press release are expressly qualified in their entirety by
this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and
the Company does not undertake any obligation to update publicly or revise any such forward-looking statements
or any forward-looking statements contained in any other documents whether as a result of new information,
future events or otherwise, except as required under applicable law.
FOR FURTHER INFORMATION PLEASE CONTACT:
George Ogilvie, P.Eng.
President and CEO
Rambler Metals and Mining
Tel No: 709-800-1929
Tel No: 709-800-1921
OR
Rambler Metals & Mining Plc
Corporate Office
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Website: www.ramblermines.com
OR
Stewart Dickson / Jeremy Stephenson
Cantor Fitzgerald Europe
Tel No: +44 (0) 20 7894 7000
OR
Tim Blythe/Halimah Hussain
Blythe Weigh Communications
Tel No: +44 (0) 20 7138 3204
OR
Guy Wilkes
Ocean Equities Limited
Tel No: +44 (0) 20-7786-4370
Rambler Metals & Mining Plc
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