🕐12.01.11 - 09:54 Uhr

Rambler Metals and Mining - Environmental Permitting



See below this mornings press release for Rambler Metals and Mining plc (TSXV: TAB, AIM: RMM).
Best, Philippe
12 January, 2011 Environmental Registration Filed for Mining of Nugget Ponds Crown Pillar
London, England & Baie Verte, Newfoundland and Labrador - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) (Rambler or the Company) is pleased to announce that on December 20, 2010 the Company officially submitted the environmental registration for the mining of the Nugget Pond Crown Pillar, located less than 150 metres away from its gold hydromet processing facility.

The Company is also pleased to announce that it recently completed processing a bulk sample for Crosshair Exploration and Mining Corp. (TSX: CXX, NYSE Amex: CXZ) (Crosshair) with ore from its Golden Promise Project. HIGHLIGHTS * The crown pillar contains an historical resource of approximately 8,100 tonnes of ore grading 7.7 g/t of gold equating to 2005 troy ounces in-situ.

An open pit mining method is planned. * All ore processing will be completed at the Companys own Nugget Pond Hydromet Facility.

Historical recovery averaged 95%. * The undertaking was registered on December 20, 2010; the deadline for public comments is January 26, 2011; and the ministers decision is due by February 3, 2011.

* The Company plans on mining this crown pillar in calendar Q2, 2011. * Completed toll milling contract for Crosshair Exploration and Mining Corp.

in November 2010.
Peter Mercer, VP Corporate Development commented; "We are pleased to have some additional mining at the Crown Pillar while construction is taking place at the Ming Mine.

While the mining of Crown Pillar itself will be of short duration there remains much exploration potential both within our own mining lease and over the entire mineralized trend.

In addition the successful toll milling of Crosshairs bulk sample confirms our belief that the Nugget Pond facility is amenable to a wide range of ore types and will allow Rambler access to further business opportunities on the Baie Verte peninsula with a view to becoming the premier gold and base metal hydrometallurgical facility in the region."
Nugget Pond Crown Pillar Rambler acquired the rights to the 140L mining lease, which encompasses the Crown Pillar, through its purchase of the Nugget Pond processing facility in 2009 for C$3.5 million.

(See RMM press release dated 27 October 2009) While the original intent of the purchase was solely for the facility itself, the added bonus of acquiring the mineral rights to the surrounding area has allowed Ramblers geologic team to evaluate the historical resource potential within the past producing property.

(See RMM press release dated 26 January, 2010).

This historical resource estimate is non NI43-101 compliant and cannot be relied upon in any way. The historical resources remaining at Nugget Pond are considered by Rambler to be highly prospective and hold significant value.

With the crown pillar accessible from surface and sitting less than 150m from the primary crusher the project will require a low capital cost investment with quick start up and minimal operating costs. Toll Milling In November 2010 a total of 2,241 tonnes were received from Crosshairs Golden Promise deposit located less than 250 kilometres from the Nugget Pond facility.

The material was successfully processed over a 9 day period resulting in a small gold dore poured at the end of the program. Rambler would like to thank Crosshair for the opportunity to process its material and wishes the company success in bringing the property closer to production.
For further information, please contact:
George Ogilvie, P.Eng. President and CEO Rambler Metals and Mining Tel No: 709-532-4990 Rambler Metals & Mining Plc. Corporate Office Tel No: +44 (0) 20 8652-2700 Fax No: +44 (0) 20 8652-2719
Nandita Sahgal / Jeremy Stephenson Seymour Pierce Limited Tel No: +44 (0) 20-7107-8000 Klara Kaczmarek / Philippe Polman Pelham Bell Pottinger Tel No: +44 (0) 20-7861-3232
Guy Wilkes Ocean Equities Limited Tel No: +44 (0) 20-7786-4370
Philippe Polman Account Manager Direct line: +44 (0)20 7861 3921 Mobile: +44 (0)7841 672 830 Pelham Bell Pottinger 5th Floor, Holborn Gate, 330 High Holborn, London, WC1V 7QD Tel: +44 (0)20 7861 3232 Fax: +44 (0)20 7861 3233 www.pelhambellpottinger.co.uk
....................................... A CarbonNeutral(r) company
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