Rambler Metals & Mining - Board Appointment

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR -- (Marketwire - Sept. 24, 2012) - Rambler Metals and Mining plc (TSX VENTURE:RAB) (AIM:RMM) ('Rambler' or the 'Company') is pleased to announce, that further to the announcements of 18 May and 28 June 2012, Mr. Eason Cong Chen has now been appointed as a Non-Executive Director to the Board of Rambler Metals and Mining.

Eason Chen (aged 30), a chartered accountant by profession, holds the position of Controller at Procon Mining & Tunnelling Ltd, a full service mining contractor providing a range of expertise to meet the requirements of the mining and civil engineering industries based in Canada. Previously, Eason was a manager with Ernst & Young LLP, focused on providing assurance services to junior and senior mining companies.


George Ogilvie, President and CEO of Rambler, commented:

"With the appointment of Mr. Chen we further solidify our partnership with Tinma while strengthening the expertise and diversity of our board of directors. When considering his background in the mining industry we believe his input will provide valued direction towards the continuing growth of our company.

On behalf of the board of directors I would like to welcome Mr. Chen to Rambler and look forward to working with him over the coming years."


Eason Chen, Non-Executive Director, commented:

"I am delighted to be contributing to Rambler's growth during this transformational stage from a developer to a producer. I hope my previous experience in Ernst & Young focusing on junior and senior mining companies will contribute to Rambler's continued success."

There are no other matters which are required to be announced with regard to the appointments under paragraph (g) of Schedule 2 of the AIM Rules.


ABOUT RAMBLER METALS AND MINING

Rambler Metals and Mining plc is a Junior Mining Company that has 100% ownership of the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada. As a producing gold and copper miner, our objective is to become a mid-tier mining company by continuing the development of the Ming Mine, discovering new deposits and through mergers and acquisitions.


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.

Certain information regarding Tinma has been provided to the Company by Tinma for purposes of this press release and the Company assumes no responsibility for the accuracy or completeness of such information or for any failure by Tinma to disclose to the Company any material information which may affect the significance or accuracy of such information.

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.



Contact

Rambler Metals and Mining
George Ogilvie, P.Eng., President and CEO
Tel No: 709-800-1929
Tel No: 709-800-1921

Rambler Metals & Mining Plc.
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com

Seymour Pierce Limited
Stewart Dickson
+44 (0) 20-7107-8000

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Charles Vivian / Daniel Thole
+44 (0) 20 7861 3921

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Guy Wilkes
+44 (0) 20-7786-4370