Rambler Metals & Mining
Currently undergoing a mine dewatering program, Rambler is well on track to have the mine completely dewatered during Q2 2008. Water levels have already receded to the 1800 level and the mine is in excellent condition requiring minimal rehabilitation.
Location
The Rambler Property is located in Canada, on Newfoundland and Labrador' Baie Verte Peninsula. The area has a history and culture of gold, base metals and industrial minerals mining. The major centre for the region is the town of Baie Verte, which offers several mining and exploration service providers, deep water loading, hotels, schools, shopping, medical facilities and recreational facilities.
Rambler moves copper-gold project to pre-feasibility
Rambler Metals and Mining (TSXV: RAB, AIM: RMM) confirmed that it would move its Ming copper-gold project in Newfoundland, Canada to the pre-feasibility stage.
The decision was made after a scoping study considered a 4,000 tonnes per day underground mine producing a copper concentrate with gold and silver credits over a 12 year period. The highlight of the scoping study was metallurgical results showing a 98.6% copper recovery using common techniques, which produced a copper concentrate grading 28.2%.
The pre-feasibility will now look at a mine plan that will see a lower production rate in the initial years while the focus is on the higher grade zones in the mine, before ramping up to a 4,000 tonnes per day operation.
“We are delighted to be moving the project to the pre-feasibility stage. The scoping study has confirmed our belief that the resource we have delineated at the Ming project over the last three years is of sufficient size and grade to move ahead. We will now commence a pre-feasibility study to determine the optimal mine-plan. This is most likely to be a two-phase operation; beginning with a lower rate of production from the massive sulphides and then moving on to the higher tonnage, lower grade Footwall Zones.” said George Ogilvie, President and CEO of Rambler.
Other Rambler Metals & Mining articles
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05/01/09 George Ogilvie of Rambler Metals & Mining Speaks to Proactive Investors
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10/12/08 Rambler Metals and Mining expects pre-feasibility study in January
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09/09/08 Rambler Metals and Mining cuts 2.9 metres of 3.05 g/t Gold and 5.19% Copper
Other Rambler Metals & Mining news
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10/11/08 Rambler continuing to find high grade gold, copper and zinc deposits at Ming mine
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22/10/08 Rambler Metals and Mining Appoint New Director
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13/10/08 Rambler intersects high grade gold, copper and zinc zone at Ming Mine
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23/09/08 Rambler Metals and Mining continues to hit high grade copper
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28/08/08 Rambler Mining reports more excellent results from Ming Mine
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11/08/08 Rambler Metals appoints General Manager for Ming Mine Project
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09/07/08 Rambler Metals dewaters the Ming Mine
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18/06/08 Rambler Mining drills seven metres of high grade copper
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