Drilling Report

FOR:  RAMBLER METALS & MINING PLC

TSX VENTURE SYMBOL:  RAB
AIM SYMBOL:  RMM

June 26, 2007

Rambler Metals and Mining Begins Dewatering the Ming Mine

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(CCNMatthews - June 26, 2007) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') is pleased to announce that construction of
its waste water treatment plant is now complete and dewatering of the Ming Mine has commenced. The Company
expects to reduce the head of water inside the shaft to expose the 720 level by August this year. A period of
rehabilitation will follow to provide access for the drill rig on this level. The dewatering of the entire mine
is anticipated to be completed by the end of March 2008.

The dewatering and rehabilitation of the historic mine will facilitate an underground drilling program
targeting the Ming Footwall Zone (MFZ) and Ming Massive Sulphide Zone (MMS) which is expected to start at the
end of 2007Q3. This underground drill program will allow a more effective and cost efficient means to delineate
the deposits and facilitate a comprehensive assessment on potential mining scenarios of the remaining
mineralization.

All environmental permitting for the dewatering phase of the project has been approved.

Rambler is also pleased to report some recent drill results from the directional drilling surface program as
listed below.

Ming Footwall Zone

Holes RM07-04p through RM07-04r were drilled to test the southern and northern limits of the deposit. These
holes mark the end of drilling operations on the RM04 drill setup, which have been ongoing since late 2005. The
drill from this hole has been moved to the RM05-08 drill site and will target the Ming horizon and Footwall
zones some 300 metres below the old mining face.

/T/

----------------------------------------------------------------
Hole          From        To   Length    Length      Cu      Au
                (m)       (m)      (m)    (feet)     (%)   (ppb)
----------------------------------------------------------------
RM07-04r   1036.00   1039.70     3.70     12.12    2.12     199
RM07-04r   1069.50   1074.00     4.50     14.76    1.22     105
----------------------------------------------------------------

/T/

Ming and 1807 Deposits

The RM07-18 and RM07-19 series of drill holes are targeting the 1807 massive sulphide horizon which previously
returned a high grade interval of 2.60 metres of 17.65% copper with 3.5 g/T gold in RM07-18. The zone has now
been traced up plunge in several drill holes over relatively narrow widths that include RM07-19, which
intersected 1.85m of 5.2% copper and 1.2 g/T gold. This high grade 1807 massive sulphide horizon remains
untested, open at depth and will be a focus of further drill testing.

/T/

---------------------------------------------------------------
Hole        From       To   Length    Length        Cu      Au
              (m)      (m)      (m)    (feet)       (%)   (ppb)
---------------------------------------------------------------
RM07-04p  904.85   906.50     1.65      5.40      2.13    1772

RM07-04q             No Significant Mineralisation

RM07-18d  599.90   600.50     0.60      1.97      6.60    1425

RM07-18e  600.50   601.20     0.70      2.30      0.85    1176

RM07-19   590.95   592.80     1.85      6.07      5.20    1953

RM07-19a  595.50   596.10     0.60      1.97      3.20     690

RM07-19a  597.20   597.50     0.30      0.98      7.90    2050

RM07-19b             No Significant Mineralisation

RM07-19c  591.65   592.30     0.65      2.13      4.30    1348

RM07-19d             No Significant Mineralisation

/T/

A complete listing of RMM drill intersections to date, as well as corresponding maps and figures can be found
at www.ramblermines.com.

Delineation and exploration drilling from surface will continue throughout the year, concurrently with
dewatering operations. Additional results from this program are anticipated to be available for release within
the next two weeks.

Mark Graves, P.Geo. is the Qualified Person responsible for the technical content of this release. Mr. Graves
is an employee of Rambler Metals and Mines plc.

Drill intercepts quoted are core lengths; true widths are estimated to be 90% to 95% of the intersected core
lengths. National Instrument 43-101 compliance information regarding sampling and analytical protocols
pertaining to the Rambler Project can be accessed via the following link: http://www.ramblermines.com

All tonnes are dry metric tonnes

Mineral exploration on the Rambler property is being conducted by RMM personnel.

All drill holes have produced 47.6 millimetre diameter (1.875 -inch) NQ diamond drill core. The drill core is
descriptively logged on site, aligned, marked for sampling and then split in half, longitudinally, using a
diamond saw blade. One-half of the core is preserved in core boxes for future reference. The samples comprising
the other half of the core are bagged, sealed and delivered directly to the analytical laboratory by RMM
personnel. Base metal-bearing samples are nominally 1 metre to 1.8 metres (3.28 to 5.90 feet) in length except
where specific geologic parameters require that a smaller interval be sampled. Samples with suspected precious
metal content are nominally one metre or less, depending on the geological circumstances.

The sawed samples are delivered directly to Eastern Analytical Limited in Springdale, Newfoundland by RMM
personnel where they are dried, crushed and pulped. Samples are crushed to approximately -10 mesh and split
using a riffle splitter to approximately 300 grams. The sample split is pulverized using a ring mill to
approximately 98% minus 150 mesh. In addition to regular samples, blank samples and quarter-split samples are
also submitted for crushing/pulping.

The sample pulps are picked up directly at Eastern Analytical Limited by RMM personnel and returned to the
project site at which point analytical standard samples and duplicate samples are inserted into the sample
stream. The quality control procedures utilized by RMM have been approved by Scott Wilson Roscoe Postle
Associates Inc. (Scott Wilson RPA). Their review was the basis of a technical report written by Scott Wilson
RPA on the Rambler project conforming to NI 43-101 Standards of Disclosure for Mineral Projects. All sample
rejects are also retrieved from Eastern Analytical by RMM personnel and securely stored by RMM.

The sample pulps are shipped by courier to Activation Laboratories Ltd. in Ancaster, Ontario for analysis. A
typical analysis consists of three, industry-standard components:

(1) an aqua regia digestion followed by a 34 element ICP analysis,

(2) a gold assay consisting of a one assay ton fire assay with finish by atomic absorption, and

(3) an assay of specific base metals by aqua regia digestion followed by atomic absorption spectroscopy for
those elements which exceed the limits of ICP accuracy.

Check assays for the Rambler project are being conducted by ALS Chemex, using industry-standard techniques
posted on their website. Check assays are also routinely performed at Eastern Analytical Limited. The drill
program and sampling protocol are being supervised by Mark Graves, P.Geo.; a Qualified Person as defined under
the Canadian Securities Administrators' National Instrument 43-101.

Historical Estimates

For the Ming Mine, the most comprehensive historical estimates available derive from a review prepared in 1982
by D.M. Burton ("Burton"). In 1997 Canamera Geological Ltd. ("Canamera") was commissioned to do a feasibility
study on the Rambler Property for Ming Minerals and drew heavily on Burton's work. Canamera reported remaining
estimates on the property. Canamera concluded that the outlined mineral resource would not support an
economically feasible operation. Note that these estimations and resources definitions are not in compliance
with Canada's NI 43-101.

Burton (1982) classified the MFZ resources as "Possible". The other resources have not been classified by
Canamera (1997). These estimates are historical estimates and which should not be relied upon. See the
technical report on the Rambler property available at www.sedar.com for the full details and qualifications
regarding these estimates.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Rambler Metals and Mining Canada Limited
George Ogilvie
VP & COO
[phone]

OR

Rambler Metals & Mining Plc
Leslie Little
Company Secretary
020-7661-8104
Website: www.ramblermines.com

OR

Insinger de Beaufort
Nandita Sahgal
020-7190-7000

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. The TSX
Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Rambler Metals & Mining Plc