Rambler Metals & Mining

Ming Mine Project

Exploration and Highlights

Potential of the Deposit

The Ming Mine is one of five deposits in the district. On November 28, 2011 the Company began gold production at the Ming Mine. After declaring commercial production of copper concentrate at the start of the second quarter of fiscal 2013 at the Ming Mine, the potential of the other deposits in the district are being examined and explored.

The Ming Mine consists of several zones (1805 to 1807, North and South zone and the Lower Footwall). The 1806 zone is a high-grade gold zone that was mined in the second half of fiscal 2012. The 1807 and other massive sulphide zones are copper rich and continiued to be mined today.

The Lower Footwall Zone is a stringer sulphide amendable to bulk mining methods.  The LFZ is the basis of the current expansion plan as outlined in the July 2015 NI43-101 Technical Report

All Zones Remain Open at Depth

Gold Zone (1806 Zone)

The 1806 zone is a high-grade gold zone grading over 4 g/t that lies within 50 metres to the already developed ramp and is easily accessible with little development cost. Early production from the 1806 gold zone allowed the company to generate its first revenues while finalizing the construction of its copper floatation circuit. The five month period from November 2011 to May 2012 produced 14,918 ounces of gold, grossing in excess of $25 million in revenue. During production the Nugget Pond mill surpassed gold recoveries of 91%.

The Zone has potential for future exploration and expansion during the Company's next diamond drilling campaign.

 

Upper Footwall Zone

The Upper Footwall Zone is a new high-grade discovery that sits stratigraphically between the Ming Deposit and the Lower Footwall Zone. It has been intersected thus far along a 400m plunge length where it ranges between 6.0 and 14.4 metres in thickness. The newly discovered mineralization is open at depth and remains a target for future exploration.

  • High grade chalcopyrite stringer zone approximately 50 metres from the existing underground development.
  • Five holes have intersected the zone so far over a 400m plunge length and is open at depth.

One of the biggest advantages that Rambler has in terms of exploration is our ability to think and work in 3D. With further exploration, we have an opportunity to add additional resources into the resource / reserve estimate.