Rambler Metals & Mining PLC financial results

Rambler Metals and Mining PLC (TSX VENTURE:RAB)(AIM:RMM) today announced the company’s financial results and operational highlights for the year ended 31 July 2009.

The press release is quoted as saying:

The release of an updated NI 43-101 compliant resource at the Ming Mine estimating an equivalent of 80,823 tonnes of contained copper, 161,335 ounces of contained gold and 922,107 ounces of contained silver in the measured and indicated categories with a further 25,836 tonnes of contained copper, 98,740 ounces of contained gold and 450,673 ounces of contained silver in the inferred category. This resource update increased in the higher grade gold rich massive sulphides and was concluded using a commodity price of $1.92 lb Cu, $800 oz Au and $10 oz Ag.

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