Rambler reports 12th shipment of copper concentrate

3rd February 2016 By: Henry Lazenby - Creamer Media Deputy Editor: North America

TORONTO (miningweekly.com) – TSX-V- and Aim-listed Rambler Metals and Mining has delivered about 8 000 wet metric tonnes (wmt) of copper and gold concentrate from its facility in Goodyear's Cove, Newfoundland and Labrador, marking the twelfth shipment completed since declaring commercial production at its Ming copper and gold mine.

The company's internal sampling estimated an average grade for the shipment of 26% copper, 14 g/t gold and 107 g/t silver. The company advised that, compared with other concentrates, this was a high-quality product with little in the way of impurities.

The shipment brought the total concentrate delivered to its offtake partner Transamine Trading, to date, to about 78 000 wmt.

Following the shipment, Rambler had about 700 wmt of concentrate in storage.