Reported Earnings • Sep 29
First half 2022 earnings released: US$0.046 loss per share (vs US$0.052 loss in 1H 2021) First half 2022 results: US$0.046 loss per share. Revenue: US$25.4m (up 90% from 1H 2021). Net loss: US$6.91m (loss widened 45% from 1H 2021). 공시 • Sep 01
Rambler Metals and Mining plc Provides Further Update to Its 2022 Underground Diamond Drilling Program At the Ming Copper-Gold Mine, Baie Verte Rambler Metals and Mining plc provided a further update to its 2022 underground diamond drilling program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada released on 23 August 2022. This is the first release of all data presented in this announcement; gold assays are not available at time of release and will be updated as they become available. Rambler has drilled over 12,767 meters year to date in 2022. The 2022 program is providing definition and exploration drilling throughout the mine, focusing on near term production stopes, and step-out drilling from known mineralization proximal to mine infrastructure. Targets have included Ming North Zone ("MNZ"), Lower Footwall Zone ("LFZ"), the Upper Footwall Zone ("UFZ"), the LP East Zone ("LPEZ"), and the Jennings Zone ("JZ"), and the Ezekiel Zone ("EZZ"). This announcement focusses on a small but highly significant part of the drilling program conducted with the small (57mm) diameter short hole Termite Drill which is a smaller and more mobile drill designed to drill short holes quickly. Total drilling reported in this release includes 161.00 metres in 8 holes. All of the holes in this release were drilled to test the extent of mineralisation around the 760L of the mine, particularly proximal to the LFZ stoping areas planned for the level. The drill program has focussed on Drift 4 (of 4) on the 760L and has added 34,000 tonnes of ore at 2.13% Cu representing an additional 82% of ore tonnes that were anticipated from the stopes that the drilling covers. This is a 13% increase on the total current mineable material planned from the 760 level. Termite drilling will continue as an integral part of mining process and is anticipated to further extend the production life of the 760L. Aside from the benefit of the increased resource, the enhanced proximal information is feeding into optimised stope designs, drill and blast patterns, geotechnical assessment and ground support design. This improved definition provides greater control of the stoping process, enabling the mine to maximise extraction with minimal dilution and ore loss. Importantly, the Termite Drilling information is improving stope outcomes from development that is already established. This improved stope shape also improves drilling and blasting controls of the stopes and overall dilution control and management. In addition to contributing to near-term mining operations, as with all drilling data, these results will be incorporated into the resource model and will likely improve the overall grade and tonnage for the Lower Footwall Zone. The drilling program for the Ming Mine is being run under the supervision of Mark Ross, P. Geo., who is a qualified person as defined by NI43-101. All drilling reported in this release was completed by an independent contractor with AQTK-sized diamond core (48 mm diameter). Rambler employs an Oriented Core tool which provides valuable information in terms of the orientation of mineralized stringers, dip and dip direction of structure, lithology and foliation for future modelling and geotechnical interpretation. Logging and sampling of diamond drill core is completed on site by Rambler geologists who ship samples daily, using Rambler vehicles and drivers, to the Company's own laboratory for copper assay by standard x-ray fluorescence ("XRF") methodology. As part of its QA/QC program 10% of all samples processed are sent for duplicate analysis at an accredited external lab using standard XRF methodologies. Sample pulps are later shipped, using commercial freight services, to independent laboratories for gold assaying. 공시 • Aug 23
Rambler Metals and Mining plc Provides Update to its 2022 Underground Diamond Drilling Program At the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada Rambler Metals and Mining Plc provided an update to its 2022 underground diamond drilling program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada. This is the first release of all data presented in this announcement; gold assays are not available at time of release and will be updated as they become available. Rambler has drilled over 12,767 meters year to date in 2022. The 2022 program is providing definition and exploration drilling throughout the mine, focusing on near term production stopes, and step-out drilling from known mineralization proximal to mine infrastructure. Targets have included Ming North Zone, Lower Footwall Zone, the LP East Zone, and the Jennings Zone and drill testing the newly discovered Ezekiel Zone ("EZZ") proximal to the Upper Footwall Zone ("UFZ"). Total drilling reported in this release includes 3,747.83 metres in 24 holes. Of note, holes R22-707-01 to R22-707-08 were drilled to test an area in the footwall of the UFZ and intersected copper mineralization of interest only 30m away from the UFZ . This potential new zone of mineralization will be further drill tested. DRILL "HIGHLIGHTS"; 510L Lower Footwall Zone Drilling Program; §R22-510-01; 5.00m @ 2.67% Cu- LFZ. §R22-510-02; 11.20m @ 2.17% Cu - LFZ. §R22-510-03; 2.90m @ 8.94% Cu- LFZ. 4.00m @ 2.11% Cu - LFZ. §R22-510-04; 3.50m @ 3.74% Cu- LFZ; §R22-510-05; 8.35m @ 2.55% Cu- LFZ. 7.50m @ 4.36% Cu- LFZ, §R22-510-06; 7.50m @ 2.30% Cu- LFZ. §R22-510-07; 16.00m @ 1.93% Cu- LFZ, including. §7.00m @ 2.95% Cu §R22-510-08; 16.10m @ 2.73% Cu- LFZ, including, §6.00m @ 4.46% Cu, and §4.00m @ 3.56% Cu. §R22-510-10; 15.00m @ 2.30% Cu- LFZ, including. §3.00m @ 4.68% Cu. 13.00m @ 4.33% Cu- LFZ, including. §5.00m @ 8.82% Cu; §R22-510-11; 3.00m @ 6.10% Cu- LFZ. §R22-510-12; 3.40m @ 2.01% Cu- LFZ. §R22-510-13; 5.00m @ 2.59% Cu- LFZ. §R22-510-14; 9.00m @ 2.26% Cu- LFZ, including. §2.00m @ 5.97% Cu. 52.00m @ 2.53% Cu - LFZ, including §4.00m @ 5.55% Cu, and §3.75m @ 3.77% Cu, and §5.00m @ 3.73% Cu; §R22-510-16. 13.00m @ 2.87% Cu - LFZ, including; §5.00m @ 4.35% Cu; 15.00m @ 2.20% Cu - LFZ, including. §6.00m @ 2.65% Cu 707L UFZ & Ezekiel Zone Drilling Program - New Discovery; §R22-707-01; 8.00m @ 1.45% Cu - Ezekiel Zone. §R22-707-02; 5.00m @ 2.43% Cu - Ezekiel Zone. 13.00m @ 5.06% Cu - UFZ, including §4.60m @ 11.44% Cu. §R22-707-03; 2.50m @ 8.43% Cu - UFZ. §R22-707-04; 2.00m @ 2.10% Cu - Ezekiel Zone. §R22-707-05; 6.37m @ 2.24% Cu - Ezekiel Zone. §R22-707-06; 2.00m @ 1.98% Cu - Ezekiel Zone. 10.00m @ 1.63% Cu - Ezekiel Zone, including. §3.00m @ 2.44% Cu. 8.00m @ 5.84% Cu - UFZ, including, §3.00m @ 9.21% Cu. 4.00m @ 1.99% Cu - UFZ. §R22-707-07; 8.05m @ 2.24% Cu - Ezekiel Zone. 공시 • Jun 09
Rambler Metals and Mining plc Announces Reconciled Operational Results for May 2022 as Well as Details of Management Changes Recently Occurred in the Company Rambler Metals and Mining plc announced its reconciled operational results for May 2022 as well as details of management changes that have recently occurred in the company. For the month ended 31 May 2022, the Ming Mine averaged ore production of 1,041 dry metric tonnes ("dmt") per day (April 2022: 1,185 dmt per day). However, total mined ore and waste was 50,388 tonnes compared to 51,545 tonnes in April. Consistent feed to the mill was achieved from inventory with 18,471 dmt remaining in stock at end of May. For the month ended 31 May 2022, the Nugget Pond copper and gold milling facility achieved throughput of 36,319 dmt at a feed grade of 1.58% copper (April 2022: 30,195 dmt at a feed grade of 1.46% copper). Recovery of copper metal to concentrate was 95.8% for May 2022 (April 2022: 97.0%). During the month, the operation produced 1,944 dmt of concentrate containing 532 tonnes of saleable copper and 234 ounces of saleable gold (April 2022: 1,599 dmt containing 413 tonnes and 160 ounces of saleable copper and gold respectively). Development during the month totalled 353 meters (April 2022: 366 meters). Production and Developed State; May has shown that the developed state of the underground mine has now been brought to a position to support full production through the mill. The status of the four main production areas in the mine are as follows: 510L LFZ: Production activities and diamond drilling continue in this area. 770L and 790L UFZ: Production activities continue in this area. Secondary ground support has been a focus in May to protect the high grades expected out of this zone in June. 785 Ming North Zone: Development as a cut and fill operation continues through the zone at scheduled rates. 735L and 760L LFZ: Production activities continue in this area. All three mining zones at the bottom of the mine experienced backfilling cycles during May, totaling 16,296 tonnes fill placed. This necessary step in the mining sequence also benefits the operation by reducing or eliminating haulage of waste rock to surface and is the reason why ore tonnes were lower for the month. Total tonnes of material moved in May were 50,388 tonnes, comprised of 32,262 tonnes of ore and 18,126 tonnes of waste/backfill movement. Peak tonnes moved in a 24-hour period was 2,750 tonnes while peak tonnes of material brought to surface was 2,134 tonnes ore and waste combined. New mining equipment received during the month included an 8-yard CAT scoop and 30 tonne CAT underground haulage truck. As discussed in last month's update, the grade delivered to the mill has increased over April's results with the mined grade picking up in May to 1.65% copper, although milled grades were lower at 1.58% copper as feed material was processed from stockpile. The Nugget Pond processing plant overcame the maintenance issue reported in April's update and has achieved throughput averaging 1,172 dmt per calendar day ("tpcd") or 1,269 dmt per operating day ("tpod") in May. The arrangement with the previously reported rented crusher was concluded and normal crushing operations resumed at Nugget Pond as of 6 May 2022, with average throughput of 1,292tpcdfrom then until end of month. Plant availability from 6-31 May was 99.2%, resulting in an average throughput of 1,303 tpod during that 26-day period. Eight of those days saw throughput at or exceeding the daily target of 1,350 tpod, with a peak throughput of 1,400 tpod achieved on 16 May. The continued presence of an ore stockpile on surface and now a crushed ore stockpile established at the mill as well has benefited the operation. Copper recovered for the month was 551 tonnes based on 36,319 tonnes milled at a grade of 1.58% copper and recovery of 95.80%. Covid-19 Update: All provincial restrictions have been lifted as of 14 March 2022. Rambler continues to abide by all Public Health guidelines for the long-term management of Covid-19 and protection of the entire workforce. Going forward, will cease reporting on Covid-19 unless the situation changes in the future. Reported Earnings • May 24
Full year 2021 earnings released: US$0.12 loss per share (vs US$0.10 loss in FY 2020) Full year 2021 results: US$0.12 loss per share (down from US$0.10 loss in FY 2020). Revenue: US$28.2m (up 16% from FY 2020). Net loss: US$14.0m (loss widened US$12.2m from FY 2020). Production and reserves: Gold Proved and probable reserves (ore): 7.413 Mt 공시 • May 17
Rambler Metals and Mining Plc, Annual General Meeting, Jun 09, 2022 Rambler Metals and Mining Plc, Annual General Meeting, Jun 09, 2022, at 11:30 Coordinated Universal Time. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Priya Patil was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 25
Rambler Metals and Mining plc Provides an Update to Underground Diamond Drill Program At the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada Rambler Metals and Mining plc provided an update to its 2022 underground diamond drill program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada. This is the first release of all data presented in this announcement. Rambler has drilled over 5,600 meters year to date in 2022. The 2022 program is providing definition drilling in the Lower Footwall Zone and is drill testing the recently discovered Jennings and LP East Zones. Additionally, further delineation drilling in the Ming North Zone has been completed from the 795L down to the 830L. Of note, holes R22-535-09 and R22-535-10 were extended 100 meters past the Jennings Zone and intersected copper mineralization of interest. This potential new zone of mineralization will be further drill tested once other priority work is completed. The next phase of the drill program will be to continue to infill the planned LFZ stoping blocks identified in the 2024 mining plan, and to delimit the newly discovered Jennings and LP East Zones. These newly discovered zones are open in all directions and require drill hole definition to be put into the mining plan. 공시 • Feb 21
Rambler Metals and Mining PLC Announces Diamond Drill Program at the Ming Copper-Gold Mine Rambler Metals and Mining plc provided updates on its on-going underground diamond drill program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada. 2022 Diamond Drilling Update: In early January 2022, Rambler set up a diamond drill to further define the mineralisation around the 535 level production area in the Lower Footwall Zone ("LFZ"). While drilling, several holes were extended to test an exploration target outside of the defined high grade LFZ mineral resource shape. This exploration drilling was successful in intersecting new high grade copper mineralisation along strike from the previously reported LP East Zone ("LPEZ", see announcement dated 13 January 2022) and is being referred to as the Jennings Zone ("JZ"). This new zone is open in all directions and is worthy of near-term drilling to further define the zone up-dip, potentially providing near-term production sources close to existing development. 535-560L Jennings Zone: This drill program has started to define the Jennings Zone, which has good potential to be a third mining horizon near the current 510L mining area. The JZ is situated adjacent to infrastructure and currently has a vertical height of approximately 50 metres ("m") and a horizontal width of approximately 200 m. In addition, follow-up drilling into the LPEZ in the same area has demonstrated the continuation of the zone at depth with significant potential to further expand mining areas planned on the 535L. Both of these new zones will be evaluated for their potential to provide additional high-grade tonnes in the upper part of the mine. There remains significant potential to continue expanding the zones both up and down plunge. Rambler is excited by the continuity of the drill results and will continue to explore for other areas throughout 2022. 공시 • Jan 15
Rambler Metals and Mining plc Provides Update to Its On-Going Underground Diamond Drill Program At the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada Rambler Metals and Mining plc provided an update to its on-going underground diamond drill program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada. The current 510L drill program is testing a previous intersection in an under-drilled area outside of the "low-grade" shell of the interpreted Lower Footwall Zone ("LFZ"). Following an initial discovery hole (R21-510-01) returning 42 meters grading greater than 2% copper, six more holes were added to further define the extent of the mineralization. It is particularly important that the new discovery described in this release, the LP East zone, while lying outside the previously interpreted high-grade shell of the LFZ, is very close to current workings. The discovery opens up new targets for exploration all along the currently modelled zone, both up dip and down dip. The LP East zone has the potential to add flexibility and optionality to the near-term production profile of the mine for minimal capital development time and cost. To date, the LPEZ program has discovered and defined a new mineralized zone with a vertical height of approximately 100 meters ("m") and a horizontal width of approximately 80 m. The recent drilling has shown significant potential to continue expanding the zone both up and down plunge. R21-510-07 is particularly encouraging as it demonstrates the new potential for mineralization outside of even the low-grade limit of the modelled LFZ resource shape. Rambler is excited by these initial drill results and will continue to drill this zone and explore for others like it during 2022. 공시 • Jan 06
Rambler Metals and Mining PLC Announces Operations Update Rambler Metals and Mining plc announced an impact to mining due to a shortage of operators at its Ming Copper-Gold Mine, located in Eastern Canada. There has been a substantial rise in Covid-19 in Newfoundland, as there has been around the world. The province has implemented some of the strongest protocols for protection against Covid-19 and Rambler has adopted further measures over and above these. This includes a Company policy of mandatory full vaccination against Covid-19 for all persons coming to the mine site. As a precaution against the transmission of Covid-19, since 31 December 2021, a number of critical operators have been in isolation and unable to attend the mine site due to a positive PCR test result received prior to reaching the mine site. It is emphasised that to date, no cases of Covid-19 have been recorded for any employees or contractors that have attended the mine site. In this instance, it is fly-in contract operators that are in isolation which is anticipated to be for up to 14 days. At this stage none of the Rambler employees are affected but this could change given the volatile Covid situation. The shortage of contract operators, who are focused on mine development, means that the mine cannot develop at target rates until the isolation period is over or replacement contractors arrive. Therefore, the time required to develop sufficiently to sustain the Company's production target of 1,350 tonnes ore per day will be impacted and accordingly, production guidance is now expected to be delayed further into First Quarter 2022 than previously announced on 21 December 2021. The company will take guidance from the provincial health authorities in terms of when and how isolating individuals can be brought back into the workforce. The company is looking at arrangements to mitigate the financial impacts and will report to the market in due course. 공시 • Dec 30
Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £3.750937 million. Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £3.750937 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,716,964
Price\Range: £0.35
Transaction Features: Subsequent Direct Listing 공시 • Dec 22
Rambler Metals and Mining Announces an Update to Copper Contained in Its Mineral Resources Estimate and Operations at the Ming Copper-Gold Mine, Located in Eastern Canada Rambler Metals and Mining PLC announced an update to copper contained in its Mineral Resources Estimate and operations at the Ming Copper-Gold Mine, located in Eastern Canada. The updated resource estimate, depleted by production through December 8, 2021, includes 23.663 million tonnes of Measured and Indicated Resources grading 1.81% copper, containing 944 million pounds (428,113 tonnes) of copper. This represents a 5% increase in contained copper relative to the previous resource estimate declared in May 2021, after mining depletion. The Inferred Mineral Resources include 6.395 million tonnes grading 1.70% copper containing 239 million pounds of copper at a 1% copper cut-off. Gold and silver assays from 2021 are unavailable as of December 20, 2021, due to an industry-wide shortage of third party assay lab capacity versus samples submitted for precious metal assay from mining and exploration companies. Therefore, this resource update is for copper only. Rambler will update the resource (and reserves) again when precious metal assays are received. All zones remain open for extension with further drilling, especially down dip from the current resource. In order to maintain compliance with underground mining standards, recent work has focused on remediating a deficiency in a section of the secondary egress in the underground between the 701 and 735 levels, which provides an escape route in the event of an emergency. Access below that level to the 735 to 760 level in the Lower Footwall Zone and the 770 to 790 level in the Upper Footwall Zone is expected to be available in early February 2022 whereupon the sequential production from these stopes will provide around 660,000 tonnes of ore. Copper production in December 2021 will be approximately 300 tonnes of contained copper from 496 tonnes planned with no significant impact to the overall copper production tonnes in 2022. The balance of the 2021 hedge is now anticipated to be completed in January 2022. Production guidance for 2022 will be released in January 2022 which will reflect the updated mine plan incorporating the upgraded resources. 공시 • Aug 25
Rambler Metals and Mining plc Provides an Update to Its On-Going 2021 Underground Diamond Drill Program Rambler Metals and Mining PLC provides an update to its on-going 2021 underground diamond drill program at the Ming Copper-Gold Mine, Baie Verte, Newfoundland and Labrador, Canada. The team has completed 9,068 meters of the planned 15,200 meters infill drill program. The program is aimed at 4 key targets important to near-term mine production planning. Lower Footwall Zone (LFZ) 510-535 level: drilled from the 411 level; drilling complete; assays in progress and reported on 7 May 2021; Ming North Zone (MNZ) 785 level: drilled from the 785 level; drilling in progress; assays in progress and initial results reported in this press release; Upper Footwall Zone (UFZ) below 790 level: planned to drill from the 620 level. Gold assay results were not available at the time of this release. An update on gold assays will be provided once the information is returned from the independent laboratory. Drilling is proceeding ahead of plan, and may be able to exceed the goal of drilling a total of 15,200 metres by the end of the year. Recent Insider Transactions • Aug 25
President recently bought €59k worth of stock On the 18th of August, Toby Bradbury bought around 250k shares on-market at roughly €0.24 per share. This was the largest purchase by an insider in the last 3 months. This was Toby's only on-market trade for the last 12 months. 공시 • Aug 19
Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £1.86592 million. Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £1.86592 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,329,600
Price\Range: £0.2
Transaction Features: Subsequent Direct Listing 공시 • Jul 14
Rambler Metals and Mining PLC Updates & Upgrades the Mineral Resource Estimate for the Little Deer Complex Rambler Metals and Mining plc provideD this independently updated Mineral Resource on its 100% owned Little Deer Complex, located on the Baie Verte peninsula, approximately 150 kilometres from its copper and gold mining operation at the Ming Mine. Previously the Mineral Resources of the complex were identified in Technical Reports issued by Thundermin Resources Inc. ("Thundermin") in 2011 (Little Deer) and 2012 (Whalesback). Rambler acquired complete ownership of the assets following a merger with Thundermin in 2015. The Technical Report associated with this Mineral Resource Estimate will be filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") in Canada within 45 days of the date of this release. HIGHLIGHTS: The updated Indicated Mineral Resource for the Little Deer Complex includes 2.9M tonnes at 2.13% copper ("Cu") containing 135.4M pounds or 61.4K tonnes at 1% Cu cut-off, compared to the previous Indicated Mineral Resource from 2012 of 2.7M tonnes at 2.16% Cu for 129.2M pounds or 58.6K tonnes Cu at 1% Cu cut-off; An Inferred Mineral Resource of 6.2M tonnes at 1.79% Cu, containing 243.8M pounds or 110.6K tonnes (at 1% Cu cut-off), highlighting the exciting exploration potential, compared to the previous Inferred Mineral Resource from 2012 of 4.2M tonnes at 2.07% Cu for 191.3M pounds or 86.8K tonnes Cu at 1% Cu cut-off; The updated Indicated Mineral Resource reflects a 6.5% increase in tonnes and a 4.8% increase in contained copper metal, based on a 1% Cu cut-off; The updated Inferred Mineral Resource represents an 47.4% increase in tonnes and a 27.5% increase in contained copper metal. The increases are due to: Smaller block size (2.5m) in the Y direction (across dip) reducing modelling dilution; Greater scrutiny on vein intercept picks which reduced sub-marginal assay intercepts; Smoother and slightly less conservative wireframes; Use of Inverse Distance Squared grade interpolation instead of Ordinary Kriging. Historical delineation and exploration of the deposit focused just on the known mineralization. With the deposits remaining open at depth and along strike, the periphery of the complex will be a focus of future exploration programs. Little Deer Complex Mineral Resource Update: Rambler has engaged P&E Mining Consultants Inc. as independent advisors to re-examine the Little Deer and Whalesback deposits situated approximately 18 kilometers from the Trans-Canada highway, approximately 10 kilometers from the Town of Springdale, NL (See Figure 1 below). Due to the adjacent proximity of these deposits, together with the underground drift connection between them at 240 Level, and shared infrastructure, Rambler has combined both deposits and re-named the Project as the Little Deer Complex. 공시 • May 26
Rambler Metals and Mining plc Announces Update to Copper, Gold and Silver Contained in Estimated Mineral Resources At the Ming Copper-Gold Mine, Located in Eastern Canada Rambler Metals and Mining plc announced an update to copper, gold and silver contained in estimated Mineral Resources at the Ming Copper-Gold Mine, located in Eastern Canada. A depleted Mineral Reserve is also reported. This Mineral Reserve is based on mining depletion from the previous estimate which had an effective date of 31 December 2019. Both the depleted resource and reserve estimates have effective dates of 31 March 2021. The updated resource estimate includes 24.143 million tonnes of Measured and Indicated Resources grading 1.69% copper and 0.32 grammes per tonne ("g/t") gold, containing 900 million pounds (408,199 tonnes) of copper and 251 thousand ounces of gold at 1% copper cut-off. This represents a 6% increase in contained copper and 5% increase in contained gold relative to the previous resource estimate declared in 2017, after mining depletion. The Inferred Mineral Resources remain at 5.023 million tonnes grading 1.89% copper and 0.41 grammes per tonne gold containing 209 million pounds of copper and 66 thousand ounces of gold at 1% copper cut-off. All zones remain open for extension with further drilling, especially down dip from the current resource. The procedures used for the Mineral Resource estimation are consistent with the Canadian Institute of Mining and Metallurgy ('CIMM') (2014) best practices. The Lower Footwall Zone is the area currently being developed as the cornerstone source of future mined tonnes. This zone has potential to flex depending on the cut-off grade employed Including the Massive Sulphide deposits, at a 1.5% copper cut-off, the entire measured and indicated mineral resource estimate consists of 11.581 million tonnes of material grading 2.21% copper and 0.49 grammes per tonne gold, containing 565 million pounds of copper and 181 thousand ounces of gold. This material will the basis of a new NI43-101 compliant life of mine (LOM) plan for the Ming Mine that is planned for completion in 2022, building on the drill data from the 2021 program. The effective date of the mineral reserve estimate for the Ming Copper-Gold Mine is January 1, 2018. Rambler intends to update the Mineral Reserve in 2022 to include the bulk of the diamond drilling and resource estimation program that is to be completed in 2021. Table 4 below provides a depletion of the reserves since January 1, 2018. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability. All figures are rounded to reflect the accuracy of the estimate. Cut-off grades of 1.0 % copper for the massive sulphides, 1.25 grammes per tonne gold for any gold zones and 1.0 % copper for the stringer sulphides have been used in the estimate. Cut-offs are based on an NSR model and forecast long term metal prices of USD 2.99 per pound copper, USD 1,300 per ounce gold and USD 17.00 per ounce silver with a long-term USD/CDN FX rate of 1:0.80. Resources are inclusive of reserves. Mineral Reserve Notes: All figures are rounded to reflect the accuracy of the estimate; numbers may not total due to this rounding. This reserve statement reflects changes to reserves based on depletion due to mining over the 2018 to 2020 calendar years and through 31 March 2021. The NSR for the reserve material was calculated using an all-in cost of USD 72 per tonne of ore milled. Long term metal prices used were USD 2.99 per pound copper, USD 1300 per ounce gold and USD 17.00 per ounce silver with a long-term USD/CDN FX rate of 1:0.80. The procedures used for the Mineral Resource and Reserve estimations are consistent with the Canadian Institute of Mining and Metallurgy 2014 best practices. The effective date for the depleted Mineral Resource Estimate is March 31, 2021. The effective date for the depleted Mineral Reserve Estimate is March 31, 2021. Mineral Resources and Reserves for the Ming Mine were estimated under the supervision of Mark Ross, P. Geo., who is a qualified person as defined by NI43-101. Reported Earnings • Apr 29
Full year 2020 earnings released: US$0.001 loss per share (vs US$0.01 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$24.3m (down 34% from FY 2019). Net loss: US$1.76m (loss narrowed 86% from FY 2019). 공시 • Feb 23
Rambler Metals and Mining PLC Announces Appointment of Priya Patil as Independent Non-Executive Director and a Member of Both the Audit Committee and the Compensation, Corporate Governance and Nominating Committee Rambler Metals and Mining plc announced the appointment of Ms. Priya Patil as an independent non-executive director with immediate effect. Ms. Patil will be a member of both the Audit Committee and the Compensation, Corporate Governance and Nominating Committee. Ms. Patil is a senior public company executive and investment banker with international finance and legal experience spanning over 20 years. For three years she was an independent non-executive director and chair of the Audit Committee at Alexandria Minerals Corporation. 공시 • Feb 17
Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £7.636364 million. Rambler Metals and Mining PLC has completed a Follow-on Equity Offering in the amount of £7.636364 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,545,454,667
Price\Range: £0.003
Transaction Features: Subsequent Direct Listing 공시 • Feb 16
Rambler Metals and Mining plc Appoints Richard Round as Independent Non-Executive Director, Chair the Audit Committee and Member of Corporate Compensation, Governance and Nominating Committee Rambler Metals and Mining plc announced the appointment of Mr. Richard Round as an independent non-executive director with immediate effect. Mr. Round will chair the Audit Committee and be a member of the Corporate Compensation, Governance and Nominating Committee. Mr. Round, until December of last year, had been an independent non-executive director at Anglo Asian Mining PLC, for over 12 years.