Rambler cuts new copper-gold zone

A new copper-mineralized zone has been identified in drilling at the Rambler project in west-central Newfoundland.

The latest results reported by Rambler Metals and Mining (RBMTF-O, RMM-L) show intersections in two wedge holes drilled from “mother” hole RM06-04, northeast of, and stratigraphically below, the previously mined Ming massive sulphide deposit.

Previous drilling has already intersected mineralization in the footwall of the massive sulphide deposit (T.N.M., June 9-15/06).

Hole RM06-04F intersected a 6-metre interval grading 14.38% copper and 1.8 grams gold per tonne, and RM06-04G intersected two zones, one grading 4.71% copper and 0.4 gram gold over 14.4 metres and another grading 1.66% copper and 0.1 gram gold over 6 metres.

The new mineralization is stratigraphically above the Ming Footwall Zone horizon, where Rambler has been defining a zone of stringer mineralization below the massive sulphides. Pods of mineralization on displaced horizons are not unusual in the massive sulphide deposits of the island’s Central Mineral Belt.

Rambler, in which Altius Minerals (ALS-V, ATUSF-O) owns a 30% interest, plans further testing of the new zone along strike and downdip.

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