MINING MILLING MARKETS C ANADA ’ S N EWEST COPPER AND GOLD P RODUCER INVESTOR UPDATE PRESENTATION INVESTOR UPDATE PRESENTATION 21 M 21 M AY AY 2013 2013
F ORWARD L OOKING S TATEMENT RMM financial and operational press releases and presentations are available, together with Management’s Discussion and Analysis and supplemental data about our property portfolio and other information, on the Company’s Web Site at www.ramblermines.com. All Company audio, visual and written presentations normally contain forward-looking statements, including those identified by the expressions “anticipate” “believe” “plan” “estimate” “expect” “intend” and similar expressions to the extent they relate to the expressions anticipate , believe , plan , estimate , expect , intend and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events and are based on information currently available to management. Certain material factors and assumptions are applied in providing these forward-looking statements. Management believes that the expectations reflected in forward-looking statements are based on reasonable assumptions; however Management believes that the expectations reflected in forward-looking statements are based on reasonable assumptions; however, management can give no assurance that actual results will be consistent with these forward-looking statements. Statements about potential discoveries or extensions of mineralization and deposits are examples of forward-looking statements. There is no guarantee that any discovery of commercial mineralization will be made on any of RMM’s properties. The material factors or assumptions that were applied in providing these forward-looking statements are contained in various security filings, including the Company’s MD&A contained in the 2008 Annual Report and quarterly MD&A’s all of which are available on SEDAR at www sedar com and the contained in the 2008 Annual Report and quarterly MD&A’s, all of which are available on SEDAR at www.sedar.com and the Company’s website. Undue reliance should not be placed on any of the Company’s audio, visual or written forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to publically update any such statement or to reflect new information or the occurrence of future events or circumstances except as publically update any such statement or to reflect new information or the occurrence of future events or circumstances, except as may be required under applicable security laws. RMM’s qualified person, Mr. Larry Pilgrim, P. Geo., is responsible for verification and quality assurance of the exploration data and the analytical results set forth in this presentation. RMM is in full compliance with all NI43-101 rules and regulations. 2
C ORPORATE I NFORMATION Management Management George Ogilvie, P. Eng. (CEO, Director), Norman Williams, CA, (CFO), Peter Mercer (VP Corporate Development), Tim Sanford, P. Eng. (VP Technical Services) and Bob McGuire, P. Eng. (General Manager) Board Board of Dire irectors tors and and Office fficers rs Harry Dobson, John Thomson, Brian Hinchcliffe, Stanley Neamonitis, Leslie Goodman, Dalis Chan and Eason Chen s (May 17 th th , 2013 Market Fac Market Facts (May 17 , 2013 ) ) Shares Outstanding: 143,235,614 Options: 4,002,000 F ll Dil Fully Diluted: d 147,237,614 Current Share Price: £ 0.24 52 Week Range: £ 0.24 - £0.38 Market Cap: Market Cap: £ 36 M £ 36 M Cash: £ 3.5 M* (*Additional $ 2M in Inventory and $ 3M in Credit Facility) www.ramblermines.com www.ramblermines.com 3
M AJOR S HAREHOLDERS Holder Shares Percent 1. Tinma International Limited 22,736,992 15.87 2. Henderson Global Investors 21,502,477 15.01 3 Legal and General Investment 3. Legal and General Investment 19 375 000 19,375,000 13 53 13.53 4. Whitmill Trust Co Limited 8,838,000 6.17 5. Majedie Asset Management j g 8,340,542 , , 5.82 Total Insiders 81 M 56% Average Trading Volume on AIM – 290,671 shares Average Trading Volume on TSX-V – 43,042 shares as of April 2013 www.ramblermines.com www.ramblermines.com 4
A SSETS Ming Ming Copper-Gold Copper-Gold Mine, Mine, Baie aie Verte, erte, NL, L, Canad Canada The Ming Copper-Gold Mine is 100% owned by Rambler and was brought back into production in December 2011. Initially producing Gold Dor é before switching over to Copper Concentrate production with Gold and Silver credits in the concentrate from May 2012. y Nugget Nugget Pond Pond Gold Gold Hydrom Hydromet etallurgic lurgical Mill, Mill, Snook’s Snook’s Arm, Arm, NL, NL, Cana anada In 2009 the Company acquired the 500 mtpd Nugget Pond Gold Hydrometallurgical Mill for C$ 3.5M from Crew Gold. The Company then invested C$15M in a new 1,000 mtpd copper flotation circuit giving the mill Crew Gold. The Company then invested C$15M in a new 1,000 mtpd copper flotation circuit giving the mill dual functionality of producing a Gold Dor é or Copper Concentrate. The plant has a permitted tailings pond with a minimal 10 year life that could be significantly increased with raising of the two dams. Kriss Krissy‘s y ‘s Buckle Buckle Pro Propert p p erty y y Greenfield 2300 Hectare Gold property within 35Km of the Nugget Pond Processing Plant. The property has anomalous Gold samples including 10.51 g/t over 1.7m within 10m of surface Minority Minority 17 Minority 17 Minority 17% Equity 17% Equity Equity Stake Equity Stake Stake in Stake in in Maritime in Maritime Maritime Resources Maritime Resources Resources Resources Maritime owns the former producing Hammerdown Gold Mine situated within 150Km’s of the Nugget Pond Mill. www.ramblermines.com www.ramblermines.com 5
L OCATION Krissy Buckle Roads Hammerdown Mine Fresh Water & Orion Deposit Hydro Community Airports Port Mill Mill Geo-Political Socio-Economic Tax Regime www.ramblermines.com www.ramblermines.com 6
M ING C OPPER G OLD M INE OPERATIONAL REVIEW OPERATIONAL REVIEW www.ramblermines.com www.ramblermines.com 7
H EALTH & S AFETY Fatalities Lost Times Medical Aids Total Injury Freq. Rate 15 13.7 11 6 11.6 10 De-Watering Production ber Numb 6.4 Construction 4.3 6 5 5 2.3 4 4 4 4 3 1 0 0 0 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 • 614 Days Since Last Lost Time Accident • 1 LTA in 7 Years of Continuous Operation • 9 Days Since Last Medical Aid www.ramblermines.com www.ramblermines.com 8
G OLD P RODUCTION – 1806 Z ONE Gold Oz G ld O T Total Gold l G ld 3,333 3500 16,000 3,145 14,000 14,917 3000 2,713 2 713 2,690 2 690 2,608 12,000 2500 Ounces 11,584 unces 10,000 2000 Gold Ou 8,000 Total Gold 8,871 1500 6,000 6,263 1000 4,000 4,000 428 3,573 500 2,000 0 - Dec'11 D '11 J Jan'12 '12 F b'12 Feb'12 Mar'12 M '12 A Apr'12 '12 M May'12 '12 • $25M in Revenue Sales • Cash Cost per Oz $1,000 • Gold Recoveries in Excess of 92% • Processed Ore at a Rate of 617 Wet Metric Tonnes per Day www.ramblermines.com www.ramblermines.com 9
G OLD P RODUCTION – 1806 Z ONE Bars 037 – 044 @ 40% Purity = $3.2M www.ramblermines.com www.ramblermines.com 10
C OPPER P RODUCTION Copper lbs Forecast Cu lbs Copper Grade % 1,800 5.00 4.62 4.50 4.55 4.50 1,600 1,500 1,500 1 500 1 500 1 525 1,525 ered (000’s) 4.00 Mill Purposely Shut COB Freezing 1,400 1,400 3.32 3.50 rade % 1,200 3.00 978 1,030 965 1,000 1 000 888 888 . Cu Recove Copper Gr 2.50 746 715 800 2.00 600 455 1.50 405 405 lbs. 400 1.00 200 0.50 - 0.00 Aug'12 O D F A J • Declared Commercial Production November 2012 • Copper Recoveries Averaging 91% with April & May Now at 94% • Average Copper Grade now Over 4.5% • April - Operating Unit Cost was $1.45 per eq. lb. Cu. All in Unit Costs was $2.18 per eq. lb. Cu. www.ramblermines.com www.ramblermines.com 11
G OLD IN C ONCENTRATE Gold Oz's Forecast Gold Oz's Copper Tailings Re-Processing Gold Recovery 600 100 90 90 500 80 overy % 70 unces 400 60 Gold Ou 108 108 Gold Reco 107 300 50 550 550 530 505 40 200 365 30 341 300 305 255 256 20 100 100 176 124 10 - 0 • Gold Head Grade Average 1.18 g/t with April running at 1.52 g/t • Average Gold Recovery 63% with April running at 69% • • Re Processing of Tailings Elevated Recoveries to +80% Concept Works Re-Processing of Tailings Elevated Recoveries to +80%. Concept Works. www.ramblermines.com www.ramblermines.com 12
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