Rambler Provides Update on Diamond Drilling Exploration at its Ming Copper-Gold Mine

- October 1st, 2018

The company said that 11,232 meters of delineation and exploration drilling has been completed from January 1 to  August 31, 2018, at an average all-in direct drilling cost of CDN$75 per meter.

Rambler Metals and Mining (TSXV: RAB,LSE:RMM) has released an update on its underground exploration program at its Ming copper-gold mine in Eastern Canada.

As highlighted in the press release:

  • 11,232 meters of delineation and exploration drilling has been completed from January 1 to  August 31, 2018, at an average all-in direct drilling cost of CDN$75 per meter;
  • Exploration drilling in the Ming North Zone has discovered significant mineralization down plunge of the historical mining limits higher in the mine.  The current mineral resource and reserve includes material down to the 705 level. The holes announced in this press release extend the high grade massive sulphide zone an additional 300 meters down plunge.  This new mineralization is defined over a strike length of approximately 70 meters;
  • A total of 2,027 meters of new drilling with composited down-hole widths include assay highlights of R18-722-01 – 19.0 meters of 4.1 percent copper with 2.8 grams per tonne (g/t) gold, R18-722-02 – 7.3 meters of 2.8 percent copper with 0.73 g/t gold, R18-722-12 – 25.5 meters of 9.4 percent copper with 5.1 g/t gold, R18-722-15 – 17.0 meters of 3.1 percent copper with 2.3 g/t gold
  • Lower footwall zone diamond drilling has been mostly focused on ore stope delineation to allow for the timely completion of final design of well-controlled stopes ahead of planned production.

President and CEO of Rambler, Norman Williams said:

“The latest underground diamond drilling in the Ming north zone has returned some of the thickest massive sulfide mineralization and highest copper and gold grades encountered on the property to date.  With the top of this mineralization only 65 meters from existing development, this area provides a tremendous opportunity for the company to bring a significant amount of higher grade material into the mine plan and mill feed in 2019.  The potential exists to extend the Ming North body even deeper with continued drilling.”

Click here to read the full Rambler Metals and Mining (TSXV:RAB,LSE:RMM) press release.

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