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IN BRIEF: Rambler Metals files technical report for Little Deer

26th Aug 2021 19:25

Rambler Metals & Mining PLC - Canada-focused copper and gold producer - Files NI43-101 technical report for the Little Deer Complex, in Baie Verte peninsula, which is 50 kilometres from the company's copper and gold mining operations at the Ming mine.

In July, updated indicated mineral resources at Little Deer includes 2.9 million tonnes at 2.13% copper containing 61,400 tonnes at copper grade 1%, compared to 2.7Mt, containing 58,600 tonnes, the estimate given in 2012.

Inferred mineral resource estimate has 6.2 million tonnes at 1.79% grade copper, containing 110,600 tonnes, compared to estimate of 4.2Mt at 2.07% grade copper for 86,800 tonnes given in 2012.

Current stock price: 22.25 pence

Year-to-date change: down 37%

By Paul McGowan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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