🕐27.10.09 - 20:21 Uhr

Rambler Completes Purchase of the Nugget Pond Processing Facility



27 October 2009 RAMBLER METALS & MINING PLC RAMBLER COMPLETES PURCHASE OF THE NUGGET POND PROCESSING FACILITY
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND and LABRADOR: Rambler Metals & Mining PLC (TSX VENTURE:RAB) (AIM:RMM) (the "Rambler") is pleased to announce that the purchase of the Nugget Pond Processing Facility (the �Facility�) from Crew Gold Corporation has been completed.

The purchase price for the Facility is $3.5 M CDN.

The purchase follows the previously announced successful placing to raise approximately Pounds Sterling 5.5 million (Cdn $9.35 million) before expenses.

George Ogilvie, President and CEO commented; �We are very pleased that we have successfully purchased the Nugget Pond Mill Facility.

The acquisition greatly improves Rambler�s project economics and will provide maximum returns to our shareholders.

This acquisition and the recent placing enables Rambler to accelerate its plan to go into production in 2010 and reach its goal of becoming a major gold and base metals producer on the Baie Verte Peninsula.� For further information, please contact: George Ogilvie, P.Eng. President and CEO Rambler Metals and Mining Canada Limited Tel No: 709-532-4990 Leslie Little Company Secretary Rambler Metals & Mining Plc Tel No: +44 (0) 14-8341-9942 Nandita Sahgal Seymour Pierce Limited Tel No: +44 (0) 20-7107 8000 Chelsea Hayes/Klara Kaczmarek Pelham Public Relations Tel No: +44 (0) 20-7337-1523 /20-7337-1524 Guy Wilkes Ocean Equities Limited Tel No: +44 (0) 20-786 4370 Website: www.ramblermines.com Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About the Company The Rambler property had been a former underground copper and gold producing property that ceased production when the deposit reached a then third party property boundary.

This neighbouring property was subsequently consolidated before being brought into the Company.

The Company now owns a 100% interest in the property.

The principal activity of the Group is carrying out development and exploration on the Rambler Property, a mineral exploration property located on Newfoundland and Labrador�s Baie Verte Peninsula.
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