Third Quarter 2014 Operating Results
22 Maio 2014 - 3:00AM
Marketwired
Third Quarter 2014 Operating Results
LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - May
22, 2014) - Rambler Metals and Mining plc (TSX-VENTURE: RAB) (LSE:
RMM) ('Rambler' or the 'Company'), a copper and gold producer
operating in Newfoundland and Labrador, Canada, today provides an
operational update for its fiscal third quarter ending 30 April
2014.
HIGHLIGHTS IN THE QUARTER:
- Production of 6,238 tonnes of copper concentrate representing a
36 per cent increase over Q3 2013 and a 9 per cent decrease over Q2
2014
- Dry tonnes milled of 49,355 tonnes representing a 12 per cent
increase over Q3 2013 and a 3 per cent decrease over Q2 2014,
resulting in the production of:
- 1,829 tonnes of copper (8 per cent decrease over the previous
quarter)
- 1,608 ounces of gold (4 per cent increase over the previous
quarter)
- 13,196 ounces of silver (23 per cent increase over the previous
quarter)
- Headgrades of copper 3.84 per cent, gold 1.62 grammes per tonne
and silver 11.70 grammes per tonne with recoveries to concentrate
for copper 96.4 per cent, gold 66.2 per cent and silver 79.2 per
cent
- Concentrate grade for copper 29.32 per cent, gold 8.02 grammes
per tonne and silver 79.15 grammes per tonne
Norman Williams, CA, President and CEO, commented:
"I am pleased to report copper recoveries remained
consistent with previous quarters with average copper head grades
matching year to date expectations. Although we experienced extreme
winter conditions from December to late Spring in Newfoundland, the
operations team have demonstrated their ability to adapt and
deliver steady productions in such varying conditions.
"I am confident that Rambler is on track to meet or exceed
the top end guidance for copper recovery, concentrate produced and
metal production."
Website: www.ramblermines.com
Click on, or paste the following link into your web browser,
to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/7643H_1-2014-5-22.pdf
For further information, please contact: Norman Williams, CA
President and CEO Rambler Metals & Mining Plc Tel No:
709-800-1929 Fax No: 709-800-1921 Peter Mercer Corporate Secretary
Rambler Metals & Mining Plc Tel No: +44 (0) 20 8652-2700 Fax
No: +44 (0) 20 8652-2719 Stewart Dickson / Jeremy Stephenson Cantor
Fitzgerald Europe Tel No: +44 (0) 20 7894 7000 Tim Blythe/ Camilla
Horsfall Blythe weigh Tel No: +44 (0) 20 7138 3204
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