Rambler Releases Q1 2017 Production Results & Development

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
120
Rambler Releases Q1 2017 Production Results & Development Update

BAIE VERTE, NL--(Marketwired - May 9, 2017) - Rambler Metals and Mining plc ( TSX VENTURE : RAB ) ( AIM : RMM )

TSXV: RAB, AIM: RMM

9 May 2017

Rambler Releases Q1 2017 Production Results & Development Update

London, England - Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ("Rambler" or "the Company"), a copper and gold producer, explorer, and developer today provides production results for first quarter ended 31 March 2017 ('Q1/17').

Q1/17 PRODUCTION SUMMARY

  • Copper feed grade of 1.13% with gold grades of 0.30 g/t. Total mill throughput for the period ending was 75,438 dry metric tonnes ('dmt'). During the period the plant averaged 910 metric tonnes per day ('mtpd') during operational hours.
  • Average recoveries to concentrate for the quarter were: copper 96.6% and gold 64.0% with a concentrate grade of 28.2% and 5.2 g/t for copper and gold respectively.
    • The mill produced 2,930 dmt of concentrate containing saleable metal of 794 tonnes of copper and 391 ounces of gold.

DEVELOPMENT UPDATE

  • Mining focus in the first quarter was on the underground development necessary to achieve the company's growth target of sustainable production of 1,250 mtpd during the second half of the calendar year.
  • Heavy underground development into the Lower Footwall continued during the quarter.
  • Mill throughput averaged 910 mtpd per operational hour, with final plant modifications being made to allow for 1,250 mtpd. All work to be completed over the coming months.
  • Rambler is on track to reach sustainable production of 1,250 mtpd during the second half of the calendar year.

For further information, please contact:

Norman Williams, CPA,CA   Peter Mercer
President and CEO   Vice President, Corporate Secretary
Rambler Metals & Mining Plc   Rambler Metals & Mining Plc
Tel No: 709-800-1929   Tel No: +44 (0) 20 8652-2700
Fax No: 709-800-1921   Fax No: +44 (0) 20 8652-2719
     
Nominated Advisor (NOMAD)   Investor Relations
David Porter, Craig Francis   Nicole Marchand Investor Relations
Cantor Fitzgerald Europe   Tel No: 416- 428-3533
Tel No: +44 (0) 20 7894 7000   Nicole@nm-ir.com

Website: www.ramblermines.com

Click on, or paste the following link into your web browser, to view the associated PDF document.   http://www.rns-pdf.londonstockexchange.com/rn...17-5-8.pdf

This information is provided by RNS The company news service from the London Stock Exchange

END

Contact: RNS Customer Services 0044-207797-4400 rns@londonstockexchange.com http://www.rns.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

PMI Foods Boosts LA Veterans Day with Beef Donation

Updated Category News Views 18

Nourishing Community Efforts in Los Angeles Food insecurity is a beast of a problem—one that's been gnawing away at communities far and wide. But let me tell ya, there are folks out there battling back. Cue PMI Foods and their recent move to donate a hefty 800 pounds of beef to The Dream Center in Los Angeles. We're talking top-tier sirloin and ribeye steaks, no less....

Continue Reading
Sciens Water Expands with Roberts Filter Group Buy

Updated Category News Views 34

A Big Splash in Water Filtration When it comes to the water game, tying up with a company like Roberts Filter Group means Sciens Water isn't here to splash around; they're diving in deep. They've just snapped up an establishment that's been part of America's water infrastructure landscape for the better part of a century. That's no small potatoes. With Roberts Filter...

Continue Reading
Envision Energizes Türkiye's Green Power Future Ambitions

Updated Category News Views 53

Türkiye's Energy Vision Gains Momentum When you talk about energy transition, you can't ignore Türkiye's ambitious plans. Türkiye's Energy Minister, H.E. Alparslan Bayraktar, is rolling up his sleeves for a bold push into renewables. On the sidelines of COP31, he sat down with Envision Energy's main dealmaker, Kane Xu, to chew over how they can power up Türkiye’s...

Continue Reading
Power Plant Design in Türkiye Balances Green Needs

Updated Category News Views 36

Protecting Turtles with Power Plant Design When you think of power plants, maybe the first image that comes to mind isn't exactly sandy beaches and turtles crawling under moonlight. But hold onto your hard hats, because that's precisely what unfolds at Iskenderun Bay in Türkiye. Right here, SPIC's Hunutlu Power Plant is setting a wildly different standard by throwing a...

Continue Reading
EPIC Players Seeks Sponsors for 2027 Gala & Seasons

Updated Category News Views 96

Shining the Spotlight on Neurodivergent and Disabled Artists The curtains are about to rise for EPIC Players' 10th Anniversary Gala, and folks, it's more than just a party; it's a cause worth championing. Set for April 7, 2027, at New York's City Winery, this event is an invitation for brands to spotlight their support for Neurodivergent and Disabled artists. If you've...

Continue Reading
Miami Gala Raises $200K for Teen Emotional Health

Updated Category News Views 58

A Night of Giving and Growth in Miami Ever felt like a single evening could change the world? Well, that's exactly what happened on November 7th at the Britto Palace in Miami. The Ismael Cala Foundation pulled off a remarkable feat, raising over $200,000 to boost emotional intelligence among teens through its annual gala, Legacy of Light: A Night of Joyful Giving. The...

Continue Reading
Tax Strategies for Small Businesses Before Year-End

Updated Category News Views 64

Understanding the Importance of Year-Round Tax Planning Every small business owner dreads the tax season—like a thunderstorm on a picnic day. But here's a nugget from Paul Kersten, an Accounting and Tax whiz in Shawano, Wisconsin: don't wait until April to sort your taxes. By then, it's all receipts and regrets. Instead, consider tax planning as a year-long vigil. Why?...

Continue Reading
Yancheng's Harmony: Wetlands Embrace Future Growth

Updated Category News Views 71

Yancheng Wetlands: A Masterclass in Nature and Progress Sometimes, you come across a story that blends an old-school respect for nature with cutting-edge progress—Yancheng's wetlands are the real deal. Ten thousand years ago, this land was swallowed by the sea. Fast forward to the present, and you'll find 520,000 hectares of wetlands teeming with life, hosting over...

Continue Reading
AT&T's Plano HQ: Milestone in Connectivity Ambition

Updated Category News Views 103

Breaking Ground on the Future Ever seen a T-Rex among ants? That's what AT&T did today as they broke ground on their colossal new global headquarters in Plano, Texas. Spanning a whopping 54 acres, this isn't just a group of buildings; it's a declaration. With a campus spread over 2.2 million square feet unified by AT&T’s proprietary tech, they've set the stage for a...

Continue Reading
Olympus Gains U.S. Reimbursement for GI Procedure

Updated Category News Views 22

Olympus Secures Reimbursement for Vital GI Procedure When it comes to navigating the health sector, you learn to spot the plays that set the stage for long-term change. Olympus Corporation just announced something worth your attention if you're eyeing the med-tech world. The Centers for Medicare & Medicaid Services (CMS) have greenlit reimbursement rates for the...

Continue Reading
ion>

Top 5 Most Recently Viewed Articles

Alphabet Inc. Eyes Major Revenue Opportunities with AI Chips

Updated Category News Views 201

Alphabet’s Growing AI Chip Ambitions As the spotlight on technological advancements intensifies, investors are keenly watching Alphabet Inc. (NASDAQ: GOOGL). The company’s in-house artificial intelligence chips, specifically its tensor processing units (TPUs), are being touted as potential game changers with significant revenue prospects. This shift is being fueled by...

Continue Reading
Canal Insurance Company Welcomes New CTO to Drive Innovation

Updated Category News Views 464

Canal Insurance Company Expands Leadership Team Canal Insurance Company is excited to announce the addition of Sai Thotapalli as the new Vice President and Chief Technology Officer. With over 25 years of experience in the insurance technology sector, Sai arrives with a wealth of expertise and leadership that will significantly contribute to Canal’s growth and...

Continue Reading
Energy Sector Opportunities Amidst Oil Market Uncertainty

Updated Category News Views 124

Understanding the Current Energy Market Dynamics The recent developments regarding oil production by OPEC+ nations have raised significant concerns about an oversupplied market. Additionally, increasing hopes for a diplomatic resolution between conflicting nations have further influenced market sentiment. Energy stocks have been gravely impacted, with oil-related stocks...

Continue Reading
Unlocking Potential: Digital Twin Consortium Training Event

Updated Category News Views 275

Discover the Digital Twin Consortium Training Workshops In an exciting leap towards transformative technology, the Digital Twin Consortium (DTC) is organizing a series of workshops focused on the innovative concept of digital twins. These training sessions are tailored for technologists, directors, and business managers looking to explore the realm of digital twins and...

Continue Reading
Secure Your Rights: Join the Wildermuth Fund Class Action Today

Updated Category News Views 295

Understanding the Wildermuth Fund Class Action With the growing complexity of investment opportunities, protecting your rights as an investor is crucial. If you've purchased shares of the Wildermuth Fund, you may be interested in a class action lawsuit that could provide you with compensation. This article delves into the vital details and steps you need to take. Why This...

Continue Reading