LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - Sep 23, 2014) - Rambler Metals and Mining plc (
The Company's internal sampling estimates an average grade for the shipment of 27.8 per cent copper, 10.9 grammes per tonne gold and 83 grammes per tonne silver. This is the fourth shipment during the calendar year, the eight completed to date bringing the total concentrate delivered to approximately 52,200 wmt.
Following the shipment, the Company still has over 330 wmt of concentrate in storage at its Goodyear's Cove Facility.
Norman Williams, President and CEO, commented: "Production continues as planned with the fourth shipment of concentrate delivered this calendar year bringing the total tonnes delivered to approximately 52,200 wmt since start-up in May 2012. Copper recoveries remain very stable allowing for continued focus on improving gold recovery which is evident in the slight increases in this shipment compared to the April and July deliveries."
ABOUT RAMBLER METALS AND MINING Rambler is a mining and development Company that in 2012 brought its first mine into commercial production. The group has a 100 per cent ownership in the Ming Copper-Gold Mine, a fully operational base and precious metals processing facility and year round bulk storage and shipping facility; all located on the Baie Verte peninsula, Newfoundland and Labrador, Canada.
The Company's Vision is to be Atlantic Canada's leading mine operator and resource developer through the expansion of the Ming Mine, discovering new deposits and through mergers and acquisitions. Rambler listed on the London AIM in 2005 and Toronto TSX-V in 2007.
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For further information, please contact: Norman Williams, CA President and CEO Rambler Metals & Mining Plc Tel No: 709-800-1929 Fax No: 709-800-1921 Peter Mercer Corporate Secretary Rambler Metals & Mining Plc Tel No: +44 (0) 20 8652-2700 Fax No: +44 (0) 20 8652-2719 Stewart Dickson / Jeremy Stephenson Cantor Fitzgerald Europe Tel No: +44 (0) 20 7894 7000 Tim Blythe/ George Yeomans Blytheweigh Tel No: +44 (0) 20 7138 3204 Website: www.ramblermines.com