INVESTMENT HIGHLIGHTS / SUCCESSES:
• 100% ownership of its principal project the Ming Copper-Gold Mine, located on the Baie Verte Peninsula of Newfoundland and Labrador, Canada.
• Baie Verte is a former mining camp, a mining friendly jurisdiction with readily available access to roads, hydro, fresh water, and a port.
• Rambler has its own gold hydrometallurgical and base metal flotation mill
• All permits for mining and milling are in place.
• Went into gold production on November 28, 2011 from the 1806 gold zone
• An estimated 4,800 ounces of gold have been poured to date with a gold pour scheduled every two weeks thereafter.
• With the newly acquired gold hydromet, gold recoveries are surpassing 90% with an average throughput of 591 mtpd.
• January 2012 signed a commercial off-take agreement with Transamine to sell 85,000 tonnes of copper concentrate to be shiped from the Goodyear’s Cove port (146km from the Ming Mine) for the initial six years.
• The newly constructed copper concentrator is fully commissioned.
• Development into the 1807 zone continuing with copper concentrate production planned to begin during calendar 2Q 2012
• December 2011 completed construction of Port Facility with a capacity to store 9,500 wmt of copper concentrate.
• September 2011 arranged a $10M credit facility with Sprott Resource Lending. • February 2012 purchased Ming Mine’s 2% net smelter royalty which was held by Philippine Metals (PHI.V) formerly the New Meridian Mining Corporation for C$600,000.00.
• February 2012 took a 17% equity stake in Maritime Resources Corp (TSX:MAE).
