The copper was drilled from the company’s 100% owned Ming Copper-Gold Mine located in the Newfoundland and Labrador’s Baie Verte Peninsula, Canada.
The provisional grade of the lot was 29.7% copper, 5.43 g/t gold and 47 g/t silver with no deleterious material or penalties.
The live commissioning of copper concentrate started on 14 May 2012 with material from the Lower Footwall Zone only.
Rambler president and CEO George Ogilvie said the live commissioning of the copper concentrator is progressing smoothly, and on schedule.
"It is our objective to reach Commercial Production during the second half of 2012 with the first
5,000 tonne load of copper concentrate being shipped to market prior to calendar year end," Ogilvie said.
"The realization of revenue from the sale of the first lot of copper concentrate is another important milestone for the Company."
The company’s port warehouse facility has 1,700 tons of copper concentrate and the average tonnage rate and mill head grade is standing at 585 dry tons per day and 2.16% copper equivalent.
The second lot of 800 tons of copper concentrate is awaiting assays for invoicing and provisional payment.
Canadian company Rambler Metals and Mining is a copper and gold producer.
