Rambler's Strategic Partner Maritime Files Technical Report

Rambler's Strategic Partner Maritime Files Technical Report 
Commences Work Program on Green Bay Gold Property 
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR --
(Marketwired) -- 07/11/13 -- Rambler Metals and Mining plc (TSX
VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') would like to
announce that its Strategic Partner, Maritime Resources Corp. (TSX
VENTURE:MAE) ('Maritime') has filed the Technical Report to accompany
the NI43-101 compliant resource estimate released on 28 May 2013 on
the Green Bay Gold Property. 
The Green Bay Gold Property Mineral Resource Estimate is summarized
below at a 3 g/t cut-off grade: 


 
--  428,600 ounces of gold in the Measured and Indicated categories 
--  661,100 ounces in the Inferred category 

 
A copy of Maritime's press release has been attached in its entirety
under Appendix 1. For more information on the Green Bay Gold Property
please visit Maritime's website at www.maritimeresourcescorp.com. 
ABOUT RAMBLER METALS AND MINING 
Rambler is a mining and development Company that in 2012 brought its
first mine into commercial production. The group has a 100% ownership
in the Ming Copper-Gold Mine, a fully operational copper and gold
processing mill and year round bulk storage and shipping facility all
located on the Baie Verte peninsula, Newfoundland and Labrador,
Canada. Rambler holds a 17% equity stake in Maritime Resources. 
Our Company Vision is to be Atlantic Canada's leading mine operator
and resource developer through the expansion of the Ming Mine,
discovering new deposits and through mergers and acquisitions.
Rambler listed on the London AIM in 2005 and Toronto TSX-V in 2007. 
ABOUT MARITIME RESOURCES CORP. 
Maritime Resources holds a 100% interest in the Green Bay property
group which hosts the past producing Hammerdown gold mine, the Orion
gold deposit, separated by a 1.5 km distance, and the Lochinvar base
/ precious metals deposit. 
Hammerdown itself was successfully mined by Richmont Mines between
2000 and 2004 with gold prices averaging $325 US per ounce. During
its operation a total of 291,400 tonnes of ore were mined and milled,
at an average head grade of 15.83 g/t gold, recovering a total of
143,000 ounces during its life. All ore was processed at the Nugget
Pond mill,
 now owned and operated by Rambler Metals and Mining, with
an average gold recovery of 97.1%. Mining concluded in 2004 due to
low gold prices with mineralization remaining, although uneconomic at
that time. The Orion gold deposit consists of two main vein systems,
both of which are open along strike, up and down plunge. 
Larry Pilgrim, P.Geo., is the Qualified Person responsible for the
technical content of this release and has reviewed and approved it
accordingly. Mr. Pilgrim is an independent consultant contracted by
Rambler Metals and Mining plc. 
Tonnes referenced are dry metric tonnes unless otherwise indicated. 
Neither TSX Venture Exchange nor its Regulation Service Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Caution Regarding Forward Looking Statements: 
Certain information included in this press release, including
information relating to future financial or operating performance and
other statements that express the expectations of management or
estimates of future performance constitute "forward-looking
statements". Such forward-looking statements include, without
limitation, statements regarding the financial strength of the
Company, estimates regarding timing of future development and
production and statements concerning possible expansion opportunities
for the Company. Where the Company expresses or implies an
expectation or belief as to future events or results, such
expectation or belief is expressed in good faith and believed to have
a reasonable basis. However, forward-looking statements are subject
to risks, uncertainties and other factors, which could cause actual
results to differ materially from future results expressed, projected
or implied by such forward-looking statements. Such risks include,
but are not limited to, interpretation and implications of drilling
and geophysical results; estimates regarding timing of future capital
expenditures and costs towards profitable commercial operations.
Other factors that could cause actual results, developments or events
to differ materially from those anticipated include, among others,
increases/decreases in production; volatility in metals prices and
demand; currency fluctuations; cash operating margins; cash operating
cost per pound sold; costs per ton of ore; variances in ore grade or
recovery rates from those assumed in mining plans; reserves and/or
resources; the ability to successfully integrate acquired assets;
operational risks inherent in mining or development activities and
legislative factors relating to prices, taxes, royalties, land use,
title and permits, importing and exporting of minerals and
environmental protection. Accordingly, undue reliance should not be
placed on forward-looking statements and the forward-looking
statements contained in this press release are expressly qualified in
their entirety by this cautionary statement. The forward-looking
statements contained herein are made as at the date hereof and the
Company does not undertake any obligation to update publicly or
revise any such forward-looking statements or any forward- looking
statements contained in any other documents whether as a result of
new information, future events or otherwise, except as required under
applicable securities law. 
APPENDIX 1 
Maritime Files Technical Report And Commences Work Program on Green
Bay Gold Property 
Maritime Resources Corp. (TSX VENTURE:MAE) ("Maritime" or the
"Company") - announces that, further to the news release dated May
28,2013, it has now filed the Technical Report, dated July 3,2013,
and entitled "Technical Report and Resource Estimate on the Green Bay
Property, Newfoundland, Canada". The Report was authored by Tetra
Tech of Sudbury, Ontario in accordance with NI 43-101 guidelines. 
Maritime is now commencing a work program as recommended in the
Report. This summer's work will be to continue trenching at the
eastern extension of the Rumbullion zones, sample and analyze mine
water from the closed Hammerdown gold mine, and test metallurgical
recoveries of gold from ore on the Green Bay property. 
Maritime holds 100% of the Green Bay property which hosts the past
producing Hammerdown gold mine and the Orion gold deposit separated
by a 1.5 km distance. As a result of an expanded land position,
Maritime now controls 51.7 square kilometres (12,775 acres) near
Springdale in north-central Newfoundland. 
Green Bay Gold Property NI 43-101 Mineral Resource Estimate: 
The Resource is summarized below, at a 3 g/t cut-off grade, and shown
in various cut-off grades in Table 1. 


 
--  428,600 ounces of gold in the Measured and Indicated category 
--  661,100 ounces in the Inferred category 
 
             Table 1: SENSITIVITY OF RESOURCES TO GRADE CUT-OFF             
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Resource                                                                    
 Category        Cut-off      Deposit          Tonnes      Grade        Gold
                                                        (g/t Au)    (Ounces)
---------------------------------------------
-------------------------------
----------------------------------------------------------------------------
                 2 g/t Au     HD, RM, MS      831,330      10.46     279,574
                              ----------------------------------------------
                              Orion         1,581,500       3.87     196,776
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 3 g/t Au     HD, RM, MS      727,460      11.59     271,072
                              ----------------------------------------------
Measured and                                                                
 Indicated                    Orion         1,096,500       4.47     157,582
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 4 g/t Au     HD, RM, MS      642,180      12.67     261,592
                              ----------------------------------------------
                              Orion           630,500       5.24     106,220
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 5 g/t Au     HD, RM, MS      562,760      13.82     250,048
                              ----------------------------------------------
                              Orion           347,200       5.86      65,414
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                 2 g/t Au     HD, RM, MS    2,204,000       6.64     470,513
                              ----------------------------------------------
                              Orion         1,891,000       4.52     274,803
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 3 g/t Au     HD, RM, MS    1,767,000       7.68     436,304
                              ----------------------------------------------
Inferred                      Orion         1,288,000       5.44     225,272
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 4 g/t Au     HD, RM, MS    1,336,000       9.02     387,440
                              ----------------------------------------------
                              Orion           917,000       6.18     182,201
                 -----------------------------------------------------------
                 -----------------------------------------------------------
                 5 g/t Au     HD, RM, MS    1,027,000      10.39     343,066
                              ----------------------------------------------
                              Orion           692,000       6.75     150,176
----------------------------------------------------------------------------
----------------------------------------------------------------------------
               HD = Hammerdown RM = Rumbullion MS = Muddy Shag              
                                                                            
Resource Estimate Notes and Parameters:                                     
 
1.  CIM definition standards were followed for the resource estimate. 
2.  The 2013 resource models used Ordinary Krig grade estimation within a
    three-dimensional block model with mineralized zones defined by
    wireframed solids. 
3.  A cut-off grade of 3.0 g/t Au over 1.2 metres was used for reporting
    resources with capping of gold grades at 125 g/t at Hammerdown and 50
    g/t at Orion. 
4.  A Specific Gravity of 2.84 was applied. 
5.  Numbers may not add exactly due to rounding. 
6.  Mineral Resources, which are not mineral reserves, have not demonstrated
    economic viability. 
7.  The quantity and grade of reported inferred resources in this estimation
    are uncertain in nature and there has been insufficient exploration to
    define these inferred resources as an indicated or measured mineral
    resource and it is uncertain if further exploration will result in
    upgrading them to an indicated or measured mineral resource category. 
8.  A portion of the estimated resource, specifically the Hammerdown
    mineralization, may be located in close proximity to previously mined
    areas and, as such, may not be recoverable due to structural or safety
    concerns. 

 
The Resource Estimate was prepared by Todd McCracken, P. Geo. of
Tetra Tech, Sudbury, ON. Mr. McCracken is a qualified person and
independent of the Company, as defined by section 1.5 of NI 43-101.
The mineral resource estimate is based on the combination of
geological modeling, geostatistics and conventional block modeling
using the Ordinary Krig method of grade interpolation. The mineral
resources were estimated using a block model with parent blocks of 5m
X 5m X 5m split three times into sub-blocks. The geological model
including mineralized intercepts were generated by Maritime personnel
and then audited by Tetra Tech. The QAQC protocols and corresponding
sample preparation and shipment procedures have been reviewed by
Tetra Tech. 
ABOUT MARITIME: 
Maritime Resources holds 100% of the Green Bay property which hosts
the past producing Hammerdown gold mine and the Orion gold deposit
separated by a 1.5 km distance, and the Lochinvar base
metals/precious metals deposit. 
The Hammerdown gold deposit was successfully mined by Richmont Mines
between the years 2000 and 2004 while gold prices averaged $325/oz.
During its operation a total of 291,400 tonnes of ore were mined and
milled, at an average grade of 15.83 g/t Au, recovering a total of
143,000 ounces of gold. All of the ore was processed at the Nugget
Pond mill, now owned and operated by Rambler Metals, with an average
gold recovery of 97.1%. Mining concluded in 2004 due to low gold
prices with mineralization remaining, although uneconomic at that
time. The Orion gold deposit consists of two main vein systems, both
of which are open along strike, up and down plunge. 
On Behalf of the Board of Directors, 
Eric W. Norton, President & CEO 
For further information, please call: 
Cathy DiVito, Investor Relations  
Telephone: (604) 484-7111  
info@maritimeresourcescorp.com 
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. Statements in this press
release, other than purely historical information, including
statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements.
Forward-looking statements are based on numerous assumptions and are
subject to all of the risks and uncertainties inherent in resource
exploration and development. As a result, actual results may vary
materially from those described in the forward-looking statements.
Contacts:
Rambler Met
als and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921 
Rambler Metals & Mining Plc
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com 
Cantor Fitzgerald Europe
Stewart Dickson / Jeremy Stephenson
+44 (0) 20 7894 7000 
Pelham Bell Pottinger
Marcin Zydowicz
+44 (0) 20 7861 3921 
Ocean Equities Limited
Guy Wilkes
+44 (0) 20-7786-4370
 
 
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