BAIE VERTE, NEWFOUNDLAND--(Marketwired - Jan 25, 2017) - Rambler Metals and Mining plc (TSXV: RAB; AIM: RMM) ("Rambler" or "the Company"), a copper and gold producer, explorer, and developer today provides its 2017 Production Guidance, Calendar 2016 comparative results and results for its five month Stub period ending 31 December 2016.
Highlights
Forecast copper and gold production for the 2017 fiscal year is included in the table below. 2017 will be the first full year whereby the Company's fiscal year will be the same as the calendar year.
| PRODUCTION | F2017 Guidance |
Calendar 2016 Actuals |
5 Month Stub Period |
|||
| Dry Tonnes Milled | 350,000 - 400,000 | 267,347 | 118,922 | |||
| Copper Recovery (%) | 94 - 96 | 95.8 | 96.2 | |||
| Gold Recovery (%) | 65 - 70 | 67.2 | 67.9 | |||
| Copper Head Grade (%) | 1.3 - 1.6 | 1.79 | 1.51 | |||
| Gold Head Grade (g/t) | 0.5 - 1.0 | 1.14 | 0.82 | |||
| CONCENTRATE | ||||||
| Copper (%) | 26 - 28 | 27.2 | 27.3 | |||
| Gold (g/t) | 4.0 - 8.0 | 12.6 | 11.4 | |||
| Dry Tonnes Produced | 18,000 - 22,000 | 15,863 | 5,946 | |||
| SALEABLE METAL | ||||||
| Copper (tonnes) | 5,100 - 5,800 | 4,174 | 1,590 | |||
| Gold (ounces ) | 4,400 - 5,100 | 6,132 | 2,020 | |||
