COPPER-GOLD DEVELOPMENT: Permits received for Nugget Pond mill and Ming shaft

NEWFOUNDLAND - Rambler Metals & Mining of London, UK, and Baie Verte, NF, has received the provincial perm...

NEWFOUNDLAND - Rambler Metals & Mining of London, UK, and Baie Verte, NF, has received the provincial permits to proceed with construction at its Nugget Pond mill and rehabilitate the shaft for the Ming copper-gold mine on the Baie Verte Peninsula.

The Nugget Pond mill was built to recover gold, and Rambler will add a copper flotation circuit. That project will take 10 months with commissioning in July 2011. Meanwhile the Nugget Pond mill will treat ore provided by Tenacity Gold Mining's Deer Cove and Stog'er Tight gold mines 50 km from the mill.

An updated feasibility study and 43-101 resource estimate is being prepared. Visit www.RamblerMines.com to read it when it becomes available later this month.

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