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Market: AIM
Sector: General Mining
Epic: RMM
News: Latest news
Web Site: Rambler Metals & Mining
Other Articles: 02-02-201026-01-201008-12-2009

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Tuesday March 16, 11:50Gulf Resources: a burgeoning industrial minerals force in Africa

A new force in industrial minerals is taking shape in Africa, following on from Gulf's acquisition of world class vermiculite assets from Rio Tinto International in 2009.  

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Rambler Metals & Mining

Rambler Metals & Mining

Rambler Metals and Mining PLC is engaged in the development and exploration programme that the Company is carrying out at the Rambler copper and gold property in the Baie Verte Peninsula of Newfoundland, Canada. The area has a history and culture of gold, base metals and industrial minerals mining. The Rambler property contains the former producing Ming and Ming West Cu-Au mines. In June 2008, the Company released its first NI43-101 compliant resource for the Rambler property.

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Thursday, February 26, 2009

Rambler completes NI 43-101 resource estimate for Ming copper-gold mine in Canada

Rambler Metals and Mining PLC said it has completed a NI 43-101 compliant resource update for its copper-gold Ming mine project on the Baie Verte Peninsula, Newfoundland, Canada, showing a total measured and indicated resource of 3.651 million tons grading 2.21 percent copper and 1.37 grams per ton of gold.              

The inferred resource stands at 1.498 million tons grading 1.72 percent copper and 2.05 g/t gold.

George Ogilvie, Rambler's President and CEO said: ”The latest resource is significant in that we have been able to increase the tonnes, contained metal, gold and silver in the high grade massive sulphide zones. The high grade massive sulphide zones will form the basis for our initial mine plan which will be close to the historical production rate of 240,000 tonnes per annum.

“Upon completion of the project financing it is our intention to rapidly develop the Ming Massive Sulphide Zones bringing them into production in 2010. Upon the re-commencement of exploration diamond drilling additional resources will be forthcoming as all mineralized zones are open in all directions,“ he added.

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