Rambler Loads Second Concentrate Shipment Destined For International Markets

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 03/06/13 -- Rambler Metals and Mining plc (TSX VENTURE: RAB)(AIM: RMM) ('Rambler' or the 'Company') announces that a total of approximately 3,150 wet metric tonnes (wmt) of copper concentrate was loaded and shipped from the Company's storage facility at Goodyear's Cove on 23 February 2013. The concentrate is destined for a smelter in Europe.

This is the second shipment as part of the off-take agreement with Transamine Trading SA ('Transamine').

The Company's own sampling estimates an average grade for the clean concentrate shipped of 28.5% copper, 7 g/t gold with 54 g/t silver, an improvement over the previous shipment which averaged 26%, 5.6 g/t gold and 47 g/t silver respectively.

In addition, on 31 January 2013 the Company received additional funds from its first shipment of 8,873 wmt of concentrate in November 2012. The Group fixed 90% of the concentrate at a copper price of $3.62 per pound copper, $1,709 average per ounce gold and $33 per ounce silver which were all moderately higher than the initial provisional payment.

George Ogilvie, President and CEO of Rambler, commented:

     "With the continuing production from the Ming Mine the Company is
     pleased to accommodate Transamine's request for an early concentrate
     shipment, ahead of the typical 5,000 wmt minimal lot. The loading
     exercise and shipment also confirms our belief that the Company has the
     ability to ship all year round, including the height of winter. This
     ability speaks highly of the loading crew at Goodyear's Cove and is
     important when considering the timing of future shipments.

     Our operations team at the Nugget Pond Copper-Gold Mill continue to
     make steady improvements to the copper concentrating process, as
     witnessed by the improving concentrate grade. The mine itself is also
     progressing with a development focus throughout the high-grade 1807
     copper zone. Some minor delays have been seen at the mine due to
     various equipment issues; production from the 1807 zone is continuing
     and expected to increase with the recent breakthrough of the newly
     developed and dedicated 1807 ramp system.

     Overall we are pleased with the progress from the operation,
     considering this is our first quarter of Commercial Production. We
     expect our 2Q results to be released to the market prior to 2 April
     2013."

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.

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.

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.

Contacts:

Rambler Metals and Mining

George Ogilvie, P.Eng.

President and CEO

709-800-1929

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

Stewart Dickson / Jeremy Stephenson

+44 (0) 20-7107-8000


Pelham Bell Pottinger

Charles Vivian / Daniel Thole

+44 (0) 20 7861 3921


Ocean Equities Limited

Guy Wilkes

+44 (0) 20-7786-4370