MING MINE PROJECT

Technical Report for NI43-101 Compliant Resource Estimate

Please click here for a copy of the full technical report

June 2008

Technical Report to accompany the Canadian Securities Administrators National Instrument 43-101 ("NI 43-101") compliant resource estimate

On April 30th, 2008 Rambler Metals and Mining plc ('Rambler') published its first National Instrument 43-101 compliant resource for its copper - gold Ming Mine Project. The resource was estimated using information from surface diamond drilling and the 6 months of underground diamond drilling.

RESOURCE HIGHLIGHTS

April 28, 2008 SRK (Canada) Mineral Resource Statement

Mineral resource estimate for the Ming Massive Sulphide Horizon

1807 Zone

Measured Mineral Resource: 233,000 tonnes of 4.17% copper, 1.93 g/t gold, 7.01 g/t silver and 0.7% zinc
Indicated Mineral Resource: 108,000 tonnes of 4.68% copper, 1.59 g/t gold, 6.77 g/t silver and 0.53% zincM
Inferred Minerals Resource: 32,000 tonnes of 4.18% copper, 2.79 g/t gold, 6.28 g/t silver and 0.47% zinc

Ming Zone

Measured Mineral Resource: 252,000 tonnes of 1.88% copper, 2.62 g/t gold, 12.15 g/t silver and 0.52% zinc
Indicated Mineral Resource: 413,000 tonnes of 1.87% copper, 2.40 g/t gold, 12.52 g/t silver and 0.58% zinc
Inferred Minerals Resource: 1,039,000 tonnes of 1.52% copper, 1.5 g/t gold, 10.61 g/t silver and 0.7% zinc

Mineral resource estimate for the Upper Footwall Zone

Indicated Mineral Resource: 390,000 tonnes of 2.99% copper, 0.25 g/t gold, 2.9 g/t silver and 0.03% zinc

Mineral resource estimate for the Lower Footwall Zone

Indicated Mineral Resource: 8,664,000 tonnes of 1.68% copper, 0.08 g/t gold, 1.12 g/t silver and 0.01% zinc
Inferred Minerals Resource: 2,006,000 tonnes of 1.55% copper, 0.07 g/t gold, 0.99 g/t silver and 0.00% zinc

MINERAL RESOURCE ESTIMATE

The April 28, 2008 SRK Mineral Resource Statement for the Ming Mine Project is summarized in the following table:

Ming Mine - Minerals Resource Statement - 28 April 2008* SRK Consulting (Canada) Inc
Resource Classification	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
Measured
Ming Massives: 1807 Zone	233	4.17	1.93	7.01	0.7	9,696	14,428	52,403	1,628
: North and South Zones	252	1.88	2.62	12.15	0.52	4,729	21,188	98,258	1,308
Upper Footwall Zone
Lower Footwall Zone
Total	484	2.98	2.28	9.60	0.61	14,425	35,616	150,661	2,936
Indicated
Ming Massives: 1807 Zone	108	4.68	1.59	6.77	0.53	5,064	5,531	23,552	573
: North and South Zones	413	1.87	2.40	12.52	0.58	7,725	31,875	166,283	2,396
Upper Footwall Zone	390	2.99	0.25	2.9	0.03	11,661	3,135	36,363	117
Lower Footwall Zone	8,664	1.68	0.08	1.12	0.01	145,559	22,285	311,990	866
Total	9,576	1.78	0.20	1.75	0.04	170,010	62,826	538,187	3,953
Inferred
Ming Massives: 1807 Zone	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
: North and South Zones	1,039	1.52	1.5	10.61	0.7	15,788	50,093	354,326	7,271
Upper Footwall Zone
Lower Footwall Zone	2,006	1.55	0.07	0.99	0.00	31,098	4,515	63,859	0
Total	3,077	1.57	0.58	4.29	0.24	48,240	57,514	424,724	7,423
* Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the accuracy of the estimate. Cut off grades of 1.0 per cent copper for the massives and 1.25 per cent copper for the two footwall zones are based on NSR model and metal prices of US$2.70/lb copper and US$650/oz gold. Zinc and silver do not contribute to revenues.

MING MINE PROJECT

Massive Sulphides (1807, North and South Zones)
The copper-gold rich massive sulphides historically mined were the North and South Zones at 3.5% copper with 2.40 g/t gold. The zone averaged 3.7 metres in thickness with a strike length of 125 metres, plunging 30 degrees to the north east over 1500 metres. Mining took place from surface to the 2700 vertical foot level where ore was trucked to the shaft on the 1800 level. Rambler Metals and Mining's new drilling has extended the North and South Zone nearly 750 metres and the 1807 Zone 400 metres beyond the old property boundary. Each of these zones is open at depth and remains a target for future exploration.

The table below summarizes the copper grade sensitivities for the 1807 Zone:

Sensitivity Table for Measured Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	289	3.46	1.65	6.2	0.6	9.986	15,311	57,532	1,732
0.25	276	3.61	1.71	6.42	0.62	9,967	15,180	56,990	1,712
0.50	258	3.84	1.79	6.65	0.66	9,898	14,834	55,110	1,701
0.75	249	3.96	1.84	6.78	0.67	9,844	14,706	54,189	1,666
1.00	233	4.17	1.93	7.01	0.7	9,696	14,428	52,403	1,628
1.25	222	4.31	1.99	7.15	0.72	9,586	14,229	51,126	1,601
1.50	209	4.5	2.08	7.37	0.76	9,416	13,993	49,582	1,590
1.75	202	4.61	2.13	7.54	0.79	9,290	13,801	48,853	1,592
2.00	192	4.74	2.18	7.73	0.82	9,093	13,446	47,678	1,573
5.00	70	7.5	3.08	10.51	0.97	5,258	6,942	23,689	680

Sensitivity Table for Indicated Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	125	4.12	1.45	6.36	0.48	5,168	5,848	25,651	602
0.25	125	4.14	1.45	6.51	0.5	5,170	5,821	26,136	624
0.50	118	4.36	1.49	6.51	0.5	5,151	5,659	24,725	591
0.75	117	4.39	1.5	6.55	0.5	5,136	5,642	24,636	585
1.00	108	4.68	1.59	6.77	0.53	5,064	5,531	23,552	573
1.25	104	4.83	1.63	6.85	0.55	5,020	5,446	22,887	572
1.50	101	4.91	1.66	6.93	0.55	4,975	5,407	22,574	557
1.75	96	5.09	1.73	7.13	0.57	4,896	5,350	22,051	548
2.00	88	5.39	1.83	7.48	0.6	4,734	5,168	21,123	527
5.00	34	9.02	3.08	11.68	0.89	3,089	3,391	12,858	305

Sensitivity Table for Inferred Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
0.25	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
0.50	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
0.75	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
1.00	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
1.25	32	4.18	2.79	6.28	0.47	1,354	2,905	6,540	152
1.50	32	4.19	2.8	6.28	0.47	1,352	2,905	6,516	152
1.75	32	4.19	2.8	6.28	0.47	1,352	2,905	6,516	152
2.00	32	4.2	2.8	6.28	0.47	1,355	2,904	6,512	152
5.00	4	5.22	4.11	7.07	0.77	201	508	874	30

The table below summarizes the copper grade sensitivities for the North and South Zones:

Sensitivity Table for Measured Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	1,094	0.63	0.93	5.11	0.21	6,890	32,701	179,681	2,297
0.25	580	1.11	1.59	8.11	0.34	6,438	29,649	151,226	1,972
0.50	409	1.43	2.04	10	0.43	5,853	26,847	131,602	1,760
0.75	306	1.7	2.41	11.32	0.48	5,202	23,708	111,361	1,469
1.00	252	1.88	2.62	12.15	0.52	4,729	21,188	98,258	1,308
1.25	206	2.05	2.75	12.89	0.54	4,225	18,224	85,421	1,113
1.50	170	2.19	2.93	13.74	0.54	3,725	16,021	75,130	918
1.75	116	2.47	3.34	15.36	0.48	2,868	12,471	57,350	557
2.00	83	2.71	3.47	16.99	0.5	2,243	9,235	45,217	414
5.00

Sensitivity Table for Indicated Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	1,436	0.79	1.14	5.87	0.28	11,347	52,642	271,062	4,022
0.25	1,004	1.09	1.56	7.59	0.36	10.948	50,374	245,089	3,616
0.50	723	1.37	1.98	9.45	0.45	9,909	46,041	219,742	3,255
0.75	510	1.68	2.36	11.42	0.54	8.561	38,663	187,090	2,752
1.00	413	1.87	2.4	12.52	0.58	7,725	31,875	166,283	2,396
1.25	347	2.01	2.36	13.19	0.59	6,984	26,363	147,342	2,050
1.50	274	2.18	2.26	14.1	0.6	5,966	19,885	124,061	1,642
1.75	178	2.5	2.35	15.46	0.47	4,459	13,474	88,645	838
2.00	134	2.7	2.47	17.44	0.55	3,613	10,626	75,027	736
5.00						0	0	0	0

Sensitivity Table for Inferred Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	2,231	0.95	1.14	7.24	0.45	21,196	81,778	519,361	10,040
0.25	1,895	1.09	1.28	7.98	0.5	20,659	77,998	486,270	9,477
0.50	1,543	1.25	1.42	8.9	0.58	19,290	70,453	441,571	8,950
0.75	1,181	1.44	1.5	10.04	0.66	17,005	56,951	381,192	7,794
1.00	1,039	1.52	1.5	10.61	0.7	15,788	50,093	354,326	7,271
1.25	822	1.63	1.44	11.54	0.8	13,399	38,058	304,989	6,576
1.50	649	1.7	1.17	12.53	0.93	11,033	24,413	261,454	6,036
1.75	235	1.88	1.22	14.09	0.52	4,411	9,202	106,281	1,220
2.00	18	2.14	2.03	18.32	0.67	391	1,194	10,775	123
5.00

Upper Footwall Zone (UFZ)
The Upper Footwall Zone was discovered by Rambler Metals in 2006 during the Lower Footwall delineation drilling where RM06-04f intersected 6.00 meters of 14.55% copper with 1.6 g/t gold. Since its discovery, five new diamond drill holes have intersected this stringer sulphide defining it over 375 metres in length. It is important to note that the Upper Footwall Zone is only 100 metres from existing underground development.

For the Upper Footwall Zone only an indicated resource was estimated, the table below summarizes the copper grade sensitivities for this zone:

Sensitivity Table for Indicated Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	548	2.34	0.19	2.35	0.03	12,834	3,350	41,440	165
0.25	548	2.34	0.19	2.35	0.03	12,834	3,350	41,440	165
0.50	540	2.37	0.2	2.38	0.03	12,791	3,470	41,298	162
0.75	450	2.73	0.23	2.68	0.03	12,288	3,329	38,784	135
1.00	429	2.82	0.24	2.76	0.03	12,098	3,310	38,068	129
1.25	390	2.99	0.25	2.9	0.03	11,661	3,135	36,363	117
1.50	322	3.33	0.29	3.21	0.02	10,718	3,001	33,218	64
1.75	276	3.62	0.32	3.47	0.02	9,984	2,838	30,770	55
2.00	250	3.8	0.34	3.62	0.02	9,503	2,734	29,107	50
5.00	50	7.53	0.77	6.82	0	3,801	1,250	11,068	0

Lower Footwall Zone (LFZ)
The Lower Footwall Zone was first discovered during the late 1970s by Rambler Consolidated. Rambler Consolidated originally estimated that there was approximately 20 million tons of stringer type mineralization with an average grade of 1% copper. Since this estimate was pre NI43-101 and therefore non- NI43-101 compliant, the data could not be relied upon. In 2005 Rambler Metals and Mining committed two surface diamond drills to explore the Lower Footwall Zone down-plunge of the historical property boundary. In the last 6 months Rambler has added an additional underground drilling rig to test the Lower Footwall Zone in areas that could not be accessed by the surface drills.

For the Lower Footwall Zone an indicated and inferred resource was estimated, the table below summarizes the copper grade sensitivities for this zone:

Sensitivity Table for Indicated Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	66,756	0.61	0.06	0.35	0.00	407,214	128,776	751,193	0
0.25	44,876	0.88	0.08	0.49	0.00	394,909	115,424	706,970	0
0.50	34,264	1.04	0.08	0.57	0.00	356,346	88,129	627,921	0
0.75	23,855	1.22	0.08	0.68	0.00	291,032	61,357	521,531	0
1.00	14,421	1.46	0.08	0.87	0.01	210,551	37,092	403,379	1,442
1.25	8,664	1.68	0.08	1.12	0.01	145,559	22,285	311,990	866
1.50	5,126	1.91	0.1	1.39	0.01	97,911	16,481	229,089	513
1.75	3,308	2.11	0.12	1.66	0.01	64,103	11,721	162,142	304
2.00	1,490	2.35	0.13	1.99	0.01	35.024	6,229	99,354	149
5.00

Sensitivity Table for Inferred Resources
Interval Above Cu %	Quantity	Grades				Contained Metal
	(000't)	Copper %	Gold g/t	Silver g/t	Zinc %	Copper tonnes	Gold oz	Silver oz	Zinc tonnes
0.00	12,369	0.65	0.07	0.48	0.00	80,399	27,837	190,883	0
0.25	9,114	0.86	0.08	0.61	0.00	78,384	23,443	178,751	0
0.50	6,639	1.04	0.09	0.68	0.00	69,045	19,210	145,145	0
0.75	4,568	1.23	0.09	0.80	0.00	56,186	13,218	117,491	0
1.00	3,219	1.39	0.09	0.90	0.00	44,742	9,314	93,139	0
1.25	2,006	1.55	0.07	0.99	0.00	31,098	4,515	63,859	0
1.50	928	1.79	0.07	1.16	0.00	16,618	2,089	34,623	0
1.75	440	2.00	0.09	1.53	0.00	8,802	1,273	21,648	0
2.00	217	2.14	0.09	1.54	0.00	4,641	627	10,737	0
5.00

SRK Qualification and Methodology of Resource Estimation

Resource classification
Mineral resources for the Ming Mine have been classified according to the "CIM Standards on Mineral Resources and Reserves: Definitions and Guidelines" (December, 2005) by Glen Cole, P.Geo, an appropriate Qualified Person as defined by NI43-101. SRK visited the Rambler Property in early April, 2008 and reviewed the mineralized zones in drill core and the interpretation completed by Rambler. A complete NI 43-101 Technical Report, which will incorporate the resource estimation and methodology, will be filed on SEDAR within 45 days after this press release.

The resource estimation is based on a 3-D geological interpretation of the mineralized zones from 7,206 meters of historical Consolidated Rambler Mines Limited underground drilling (1977-81) in 38 drill holes, 85,416 meters of RMM surface drilling (2003-2008) in 86 drill holes and 6,266 meters of RMM underground drilling (2007-2008) in 38 drill holes. The geological interpretation and modeling defined four separate, but intimately related ore zones namely; the 1807 zone, the Main Zone (includes North and South Ming), the Upper Ming Footwall zone and the Lower Ming Footwall Zone. Density factors used to determine tonnages were 3.31 gcm3 for the VMS massive sulphides, 2.82 gcm3 for the stringer footwall style and 3.04 gcm3 for the semi-massive stringer upper footwall mineralization.

The modeled resources at Rambler were created using Datamine 3D modeling software with 5 x 5 x 5 m blocks. A sub-block routine was also applied with a minimum block size of 1.25 x 1.25 x 1.25 m. Grade estimation was done on data composited to 1m intervals, confined to within modeled mineralized zones. Appropriate grade cappings were applied to the composited data. Block grades were estimated using inverse distance squared (ID2) grade estimation methodologies. Normalized and regular variography to estimate search distance criteria was conducted with Isatis software for Cu, Au, Ag and Zn. A single spherical structure variogram (including a nugget effect) was constructed and fitted for each primary direction for all metals and inputted into the Datamine Grade process.

The classified resources for the various modeled mineralized zones at the Ming Mine have been tabulated for a range of copper cut off's. The cut off applied to the massive ore is 1% copper, whereas the cut off applied to the two footwall zones is 1.25% copper. Metal prices of US$2.70/lb copper and US$650/oz gold were applied. Silver and zinc are reported, but do not contribute to revenues.

For more information please review the full Technical Report of this resource statement.