BIG BEAR PROJECTRelated Items      Rambler has entered into an option agreement with Seaside Realty Ltd (Seaside) to earn up to a 50% undivided interest in the Big Bear Property, located on the Baie Verte Peninsula. As outlined in the agreement Rambler will assume project management of the property for two years. During which time Rambler will be responsible for all geologic compilation and exploration management while Seaside will be responsible for all diamond drilling related costs. Property LocationThe Big Bear Property can be easily accessed by way of paved highway and gravel road and is located approximately 6 kilometres north of the Ming Mine. The property borders the producing Pine Cove Gold Deposit and is accessible by way of the mine access road to the Pine Cove facility. The property also occurs on tidewater of the deep Baie Verte Bay (see location maps Figure 1 and Figure 2). Exploration and Discovery
Local Deposit TypesGold and base metal deposits of the Baie Verte Peninsula display considerable diversity due to the complex nature of the geological setting and the convergence of contrasting rock types occurring in close proximity to a major suture zone the Baie Verte-Brompton Line. Previous exploration on the Big Bear property has highlighted significant zones of gold or base metal mineralization similar to other known deposits in the area including (Figure 2):
Property Geology and MineralizationThe Big Bear Property is underlain by upper rock units of the Point Rousse Complex and ophiolite sequence rocks of Cambrian or Ordovician age. The Point Rousse Complex consists of pillow lavas and mafic pyroclastics rocks with interbedded volcanogenic sedimentary rocks, minor chert and marble, intruded by diabase dykes. The trace of the auriferous Goldenville Fe Formation, shown to have an isoclinal fold geometry along a N-S axis, is inferred to run through the property. Previous workers have seen limited exposure of this Fe formation on the property. An Induced Polarization (IP) survey was completed by Eastern Geophysics Limited on the property in 2006. A total of 19.075 kms of surveying was completed and plotted on 1: 2500 scale pseudo sections, showing chargeability and resistivity values. In addition to the 2006 IP survey, results from a previously unreported IP survey completed in 1999 was processed and interpreted by VOX Geoscience Limited. It was reported that there was good compatibility of the 1999 and 2006 surveys which allowed for modeling of all available IP data. VOX Geoscience identified 50 individual line anomalies from the 2006 survey and 32 from the 1999 survey results. These targets remain untested and require follow-up detailed investigations. A total of 28 drillholes have been completed by two companies on the property. Drill holes M87-1 to M94-23 were collared in the Corkscrew Zone (Figure 1). The final five drillholes, M94-24 to M94-28, were drilled at step-outs of 70 to 200 meters west of the known gold mineralization (see Composited Assays). Mineralization in the Corkscrew Zone is known to be associated with 2-3% pyrite, very narrow quartz veining and hosted by a chlorite-silica altered gabbroic unit (Figure 3). The Sulphide Zone is interpreted as a coarse felsic volcanoclastic unit containing numerous pyrite-rich massive sulphide blocks (Figure 4 and Figure 5).The zone is located 150 meters west of the Corkscrew Zone and has been intersected in drillhole M93-27 (1.0 m grading 0.43 g/t Au, 0.52 % Cu, 0.34% Zn and 9.6 g/t Ag). The Sulphide Zone requires further evaluation by way of trenching, mapping, sampling and diamond drilling. Mineralization in the Big Bear Zone is known to be associated with an extensively ankerite-limonite altered, fractured and locally sheared silicified gabbro. Increased cubic pyrite content corresponds to increased gold grade in the Big Bear Zone. Chip samples from this zone returned 1.6 g/t Au over 4 meters or 2.2 g/t Au over 2 meters and grabs samples ran up to 8.235 g/t Au. The only known large quartz vein occurs in the Big Bear Zone (Figure 6). A 1.2 meter wide bull quartz vein was discovered 125 meters east of the Big Bear Zone. This vein is steeply west dipping at 78° with a north- south strike and contains patchy pyrite mineralization (sample # BT2-03R returned 1.9 g/t Au). The presence of this quartz vein may suggest a setting comparable to that of the Romeo and Juliet quartz vein gold enriched zone on the Pine Cove Property located south of the Big Bear Property. The Big Bear Zone has seen limited exploration work and requires extensive follow up trenching, sampling and diamond drilling. The Big Bear zone has not been drill tested. 2009/2010 Work ProgramA review of historical work indicated that the property is underexplored and warrants significant further work including drill testing. The property lacks a proper property scale geological map, detailed mapping of the exposed mineralization and structural interpretation that would serve to define mineralizing trends and subsequent follow-up work. All mineralized areas reported to date are open both along strike and down dip. Rambler, as property managers:
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