NEWFOUNDLAND — Rambler Metals and Mining of London, U.K., and Baie Verte, NL, has released updated, 43-101-compliant numbers for its Ming copper-gold project on the Baie Verte Peninsula. The new resource includes all diamond drill information used for the previous 43-101 estimate (April 2008) and underground drilling conducted up to January 2009.
The measured and indicated portion now totals 3.6 million tonnes at 2.21% Cu, 1.37 g/t Au, 7.86 g/t Ag and 0.39% Zn. The inferred portion totals 1.5 million tonnes at 1.72% Cu, 2.05 g/t Au, 9.36 g/t Ag and 0.63% Zn. All told, there may be over 105,000 tonnes of contained copper and 260,000 oz of bold.
Rambler is currently conducting a feasibility study at the Ming project. When the study is complete, the company hopes to proceed with environmental assessment. A partner is sought for development.
Additional information is available at www.RamblerMines.com.