rambler · 2010-02-12 · brief history main mine 1964 Ð 1967 440,000 tons @ 1.3% cu, 5.2g/t au...
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RAMBLERRAMBLERMETALS AND MININGMETALS AND MINING
PLCPLCFebruary 2008
An EmergingAn Emerging
Mining CompanyMining Company
www.ramblermines.com
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Corporate ProfileCorporate ProfileRambler Metals and Mining PLC ("Rambler") was establishedto invest in the base metal sector in politically stable jurisdictions. Itsprincipal project is the Rambler copper-gold property, located on theBaie Verte Peninsula of Newfoundland and Labrador, Canada.
Stock Exchange/Symbol:AIM: RMMTSX-V: RAB
Security Type: EquityShares Issued: 49,725,000Year Current: 1.38High/ Low: 1.70 / 0.97Market Cap: $ 68,620,500
Principal Investors: Altius 24%Zila Corporation 16%
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Management and DirectorsManagement and Directors
• D.H.W. Dobson (Chairman)
o Founder and Chairman of Kirkland Lake Gold; Mine Finance
• Brian Dalton
o President and Founder of Altius Minerals
• Brian Hinchcliffe, B.A.
o President of Kirkland Lake Gold
• Stanley Neamonitis
o Senior Metals Executive (Glencore)
• John Baker, Q.C.
o Lawyer and Director of Altius Minerals
• John Thomson, C.A. (CFO)
o Interim CFO for both Kirkland Lake Gold and Rambler Metals and Mining PLC
• George Ogilvie, P.Eng. (CEO)
o 19 years Mine Management Experience
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New York Paris
London
Hamburg Port
Horn
Smelter
Newfoundland
Toronto
RAMBLER
• Road System
• Power Distribution System
• Experienced Labour Force
• Local Community Support
• Provincial Gov’t Support
• Brownfield Site
• Year Round Wharf / Port
LocationLocation
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Brief HistoryBrief HistoryMain Mine 1964 – 1967 440,000 tons @ 1.3% Cu, 5.2g/T Au
East Mine 1967 – 1974 2,131,000 tons @ 1.04% Cu
Big Rambler Pond 1970 – 1971 50,000 tons @ 1.2% Cu
Ming Mine 1972 – 1982 2,121,400 tons @ 3.5% Cu, 2.5g/T Au
Ming West 1995 – 1996 271,000 tons @ 4.0% Cu, 5.8g/T Au
• Mill Cu recoveries better than 92%
• Property boundary reached in 1982 andsubsequently the mine closed and flooded
• Ming West operated 1995 - 1996
Organizational ChartOrganizational Chart
Board of Directors
George OgilvieCEO
John ThomsonCFO
Corey GreenhamEnv.Coordinator
Don SeymourProj. Superintendent
Larry PilgrimChief Geologist
Peter MercerProject Coordinator
Allan CuffIT Technician
Jennifer BoundsAdmin. Assistant/
Procurement
Milton NoelH&S Coordinator
17 U/G Miners4 WWTP
Employees2 Project Geologist
2 Core Handler
Survey Technician
4 Maintenance
Existing Manpower
2 Officers
9 Staff
29 Employees
40 Total
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1 Surface Dry / Yard
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Project Timeline Project Timeline –– Next Steps Next Steps
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Jan 0
3
July
03
Jan 0
4
July
04
Jan 0
5
July
05
Jan 0
6
July
06
Jan 0
7
July
07
5. Decision to Dewater Mine
6. DOE Construction Permit
8. Labour Force Hired
9. Dewatering Begins3. Rambler Lists on AIM
4. Exploration Program
7. Rambler Lists on TSX-V1. Altius Acquires Project
2. Rambler / Altius Negotiate
1
23,4
5
6
7,8
9,10
10. U/G Contract Awarded
12. Scoping Study Awarded
11,12
11. Metallurgical Test Work
20
30
40
506070
$US
pence
Jan 0
8
July
08
Jan 0
9
14. Basic Metallurgical testing
Complete
15. Scoping Study Complete
13. UG DD Commences
16. Publish NI43-101
17. Begin Prefeasibility
13,14
15 16 17
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Dewatering ProgressDewatering Progress(as of Monday, February 18(as of Monday, February 18thth, 2008), 2008)
PORTAL
Waste Water
Treatment
Facility
Boundary Shaft
+100 m
0 m
-100
-200
-300
-400
-500-600
-700
+100 m
0 m
-100
-200
-300
-400
-500
-600• Water Level at 1750L
• 174 M US Gallons of Water Pumped
• 200M US Gallon Milestone to be reached before
March 31st
• Dewatering Completion June 2008
• Water Discharge Full Environmental Compliance
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3D-Model3D-Model
Min
g M
assiv
e S
ulp
hid
e
Low
er Fo
otw
all Z
one
Upper FZ
1807 Zone
Boundary Shaft
1800level
Portal
Ming West
-750 m
3D Model of the Ming MineRambler Property
Looking South West
Ming M
assive Sulphide
-750 m
Mined Areas
New Gold Intersections
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Diamond Drill HitsDiamond Drill HitsLower Footwall ZoneLower Footwall Zone
Surface
• 37.2 m @ 2.14% copper
• 19.5 m @ 2.66% copper
• 15.0 m @ 2.53% copper
• 10.5 m @ 3.20% copper
• 7.5 m @ 4.17% copper
• 17.4 m @ 3.18% copper
• 6.4 m @ 3.32% copper
• 9.0 m @ 3.10% copper
• 70.4 m @ 1.50% copper
Underground
• 17.9 m @ 1.85% copper
• 15.1 m @ 1.51% copper
• 13.0 m @ 1.88% copper
• 5.3 m @ 1.93% copper
• 5.2 m @ 2.05% copper
• 12.7 m @ 1.34% copper
• 14.7 m @ 1.45% copper
Lower Footw
all Zone
1250 m
OPEN DOWNPLUNGE
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Upper and Lower Footwall ZonesUpper and Lower Footwall Zones
• UFZ, 50m and LFZ,100m below the Ming Massive Sulphide Zone
• Both Zones open down plunge
• Amenable to bulk mining methods
• 97% Copper Recovery with only 5 minute floatation time
• 50% Inert Chlorite and may be removed by cyclone
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Diamond Drill HighlightsDiamond Drill HighlightsUpper Footwall ZoneUpper Footwall Zone
RM06-04f
• 6.0 m of 14.6% Cu, 1.6 g/T Au
RM06-04g
• 14.4 m of 5.16% Cu, 0.5 g/T Au
Including:
• 3.3 m of 14.6% Cu, 1.4 g/T Au
RM06-04h
• 9.9 m of 3.51% Cu, 0.4 g/T Au
Including:
• 2.0 m of 11.6% Cu, 1.3 g/T Au
RM06-04l
• 5.0 m of 5.20% Cu, 0.3 g/T Au
Including:
• 2.0 m of 10.7% Cu, 0.6 g/T Au
RM06-08h
• 10.2 m of 2.5% Cu
Including: 2.5 m of 6.04% Cu
Upper FZ
OPEN DOWNPLUNGE
400 m
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1807 Zone1807 Zone
2008 Planned Targets
-500
m
-500
m
RM18
RM19
RM20
1807 Zone
• Previous Step Outs 50m
• Next Step Outs 100m and 200m
• Metallurgical Testing 94% Cu Recovery
o 25 minute floatation time
• Access to Main Ramp 300m away
• Truck to Surface while Shaft being Rehabilitated
OPEN UP and DOWNPLUNGE
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Diamond Drill HighlightsDiamond Drill Highlights1807 Zone1807 Zone
RM07-18
• 2.6 m of 17.7% Cu, 3.5 g/T Au
RM07-18b
• 2.6 m of 12.1% Cu, 5.9 g/T Au
RM07-20h
• 14.0 m of 5.9% Cu, 1.5 g/T Au
Including:
• 3.45 m of 16.5% Cu with 3.3 g/T Au
RM07-20j
• 18.5 m of 4.26% Cu, 4.3 g/T Au and 1.25% Zn
Including:
• 6.4 m of 10.82% Cu, 3.26 g/T Au and 3.38% Zn
1807 Zone
OPEN UP AND DOWN PLUNGE
500 m
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Diamond Drill HighlightsDiamond Drill HighlightsNew Gold IntersectionsNew Gold Intersections
RMUG07-01
• 34.4 m of 1.8 g/T Au with 0.61% Cu
Including:
• 5.2 m of 6.7 g/T Au with 2.96% Cu
RMUG07-07a
• 27.2 m of 1.2 g/T Au with 0.05% Cu
Including:
• 4.9 m of 3.0 g/T Au with 0.03% Cu
New Targets both from surface and underground during
2008 drill program.
Gold Sample from 1800 level
740
level
VG
17.1 g/t Au
over 9 ft(Historic Drill Hole)
30 g/t Au
over 7 ft(Historic Drill Hole)
Current Drill Target
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SummarySummary
! Directors and Management
! Location
! Community Support
! Political Support
! Infrastructure
! Experienced Labour Force
! Historical Mining Camp
! Exploration Success
! Exploration Potential
! Metallurgical Results
! Dewatered Mine
! Sound Strategic Plan
RAMBLER
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RAMBLERRAMBLERMETALS AND MININGMETALS AND MINING
PLCPLC
Stock Exchange Symbol: TSXV: RAB AIM: RMM