Company looks to partnerships for growth opportunities
Rambler Metals and Mining reps released performance numbers Monday, for the financial quarter ended Oct. 31.
The numbers mark results after 12 months of commercial production at the Ming copper-gold mine on the Baie Verte Peninsula.
“Rambler continues to grow as a low cost producer by pursuing growth opportunities in the investments of the Little Deer Copper Project, Maritime Resources and Marathon Gold,” said George Oglivie, president and CEO.
Cash flow resulting from having the mine in production is allowing Rambler to pay off credit.
Offering a series of positive results, (ADD LINK: http://ramblermines.com/files/Rambler-Results-Q1-2014_FINAL.pdf) the update highlights a post-tax profit of $3.7 million for the quarter.
The company has highlighted an available interview with Oglivie on the results. (ADD LINK: https://www.youtube.com/watch?v=c5_hcZJBpw4)