MING MINE PROJECT

The historical mine production from the Rambler Project originates from the Ming and Ming West massive sulphide deposits. These parallel, plunging deposits are on the same stratigraphic horizon and separated by 250 metres. Mining was carried out from surface to approximately 750 metres vertical depth along a 1500 meter plunge length. A decline that extended to 820 vertical meters and a shaft that extended to 650 vertical meters facilitated this production. Historical production from the Ming Deposit was estimated at 2.1 million tons grading 3.5% Cu and 2.4 g/T. Mining ceased in 1982 when workings reached an historic neighbouring property at a time of low copper prices. The properties have since been consolidated and now comprise part of the Rambler Project.

At the time of mine closure it was estimated that 350,000 tons of 3.4% Cu and 1.7 g/T Au remained in the Ming Deposit and that 55,000 tons of 6.5% Cu and 1.1 g/T Au remained in the Ming West Deposit (near the 1800 level) adjacent to the property boundary. These estimates are historical in nature and are not NI-43-101 compliant and therefore should not be relied upon.

Recent drilling undertaken by Rambler Metals and Mining to test for further extensions of these deposits across the former property boundary has resulted in the discovery of interpreted extensions to both of these deposits. Highlight drill results from these deposit extensions are described below.