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Rambler Metals and Mining Plc

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Summary

Project:

Ming Mine

Deposit:Ming North Zone
Location:Canada
Commodities:Copper-Gold-Silver-Zinc
Date:6/27/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:27-6-2017: Rambler Metals and Mining Plc announces an Exploration/Drilling Update report for its Ming North Zone deposit at the Ming Mine project. Drilling results incl. 21m @ 1.13g/t Au, 3.1% Cu from 44m. London, England - Newfoundland and Labrador, Cana
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Larry Pilgrim (Independent)
ABSTRACT:London, England - Newfoundland and Labrador, Canada – Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) (”Rambler” or “the Company”), a copper and gold producer, explorer, and developer is pleased to announce the commencement of a surface diamond drilling program targeting the depth extension of both the Lower Footwall Zone (‘LFZ’) and high grade Ming Massive Sulphides (‘MMS’). In addition, the Company is providing an update on its in-mine exploration activities since August 2016. New drilling into the Ming North Zone (‘MNZ’) has shown continued mineralization at depth. This zone was the primary mining horizon for the historic operation; however, it remains largely unexplored at depth. This zone, while part of the MMS package, is not included in any of the Company’s mineral resource or reserve estimates and with more drilling could potentially be a new source of high grade massive sulphides for the operation. Norman Williams, President and CEO, commented: “The Ming mine’s exploration drilling strategy is twofold. Primarily, there is a focus to replace high grade massive sulphide reserves mined during a given year. To date, we have been successful in maintaining this reserve replacement; however, we are now fortunate to be developing into new areas of the mine that are directly down plunge from historical mining fronts. With further development and exploration these areas could potentially prove to become a source of high grade material along the same horizon as other lenses now being mined.”

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