BAIE VERTE, NL--(Marketwired - Sep 21, 2016) - Rambler Metals & Mining PLC (
TSXV: RAB, AIM: RMM
21 September 2016
Rambler Reports Fiscal 2016 Q4 and Yearend Production Results
12% Increase in Production over Fiscal 2015
London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today provides an operational update for its Fiscal 2016 Yearend and fourth quarter ending 31 July 2016 ('F2016' and 'Q4/16').
PRODUCTION | Yearend F2016 | F2016 Guidance |
||
Dry Tonnes Milled | 241,080 | 235,000 - 250,000 | ||
Copper Recovery (%) | 95.6 | 94 - 96 | ||
Gold Recovery (%) | 68.7 | 65 - 70 | ||
Silver Recovery (%) | 71.8 | 65 - 75 | ||
Copper Head Grade (%) | 2.12 | 2.0 - 2.5 | ||
Gold Head Grade (g/t) | 1.40 | 1.0 - 2.0 | ||
Silver Head Grade (g/t) | 9.97 | 6.0 - 10.0 |
CONCENTRATE (Delivered to Warehouse) |
||||
Copper (%) | 26.9 | 27 - 29 | ||
Gold (g/t) | 13.8 | 6 - 8 | ||
Silver (g/t) | 98.1 | 55 - 75 | ||
Dry Tonnes Produced | 17,048 | 17,000 - 21,000 | ||
Copper Metal (tonnes) | 4,580 | 4,500 - 6,000 | ||
Gold (ounces) | 7,549 | 5,500 - 6,500 | ||
Silver (ounces) | 53,830 | 42,000 - 57,000 |
HIGHLIGHTS OF YEAREND
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