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). Aankondiging • 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. Aankondiging • 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. Aankondiging • 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 Aankondiging • 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.