leadf
logo-loader
viewRumble Resources Ltd
(
ASX:RTR
)

Rumble Resources has multiple near-term gold and base metal discovery catalysts

The company’s technical director Brett Keillor has discovered multiple deposits that turned into mines with majors Resolute and Independence Group.

Rumble Resources Ltd - Rumble Resources has multiple near-term gold and base metal discovery catalysts
Near term catalysts include assays from a drill program and a resource estimate.

Rumble Resources Ltd (ASX:RTR) is drilling a pipeline of projects capable of world-class discoveries across seven gold and base metal projects in Western Australia.

6 drill programs - completed

  • Phase 3 Western Queen Project - high-grade gold expanded
  • Munarra Gully Project – large-scale gold-copper-silver expanded
  • Braeside Project – Camel Hump - significant widths of copper discovered
  • Braeside Project – Barker Well - high-grade lead discovered
  • Lamil Project – intrusive gold-copper system intersected – JV partner
  • Fraser Range Thunderstorm Project - high-grade gold discovered – JV partner

1 drill program – completed - awaiting assays

  • Lamil Project - ‘Tier 1' Au-Cu targets – final assays – JV partner

1 resource estimation

  • Western Queen Project – multiple resource zones expected

4 geophysical targeting programs

  • Munarra Gully Project – DHEM planned
  • Braeside Project – Barker Well – ground IP
  • Braeside Project – Camel Hump – airborne EM
  • Warroo Project – airborne EM

8 drill programs – planned

  • Phase 4 Western Queen Project - high-grade Au targets
  • Warroo Project - large scale VMS targets
  • Braeside Project – Camel Hump - large scale VMS targets
  • Braeside Project – Barker Well – high-grade base metal breccia pipes
  • Earaheedy Project - ‘Tier 1’ Zn-Pb-Ag targets
  • Munarra Gully Project – “Tier 1” Au-Cu targets
  • Fraser Range Thunderdome Project - ‘Tier 1’ Ni-Cu targets – JV partner
  • Fraser Range Thunderstorm Project - ‘Tier 1’ Au targets – JV partner

Clear strategy

Rumble has a clear strategy to generate a pipeline of projects at various stages of development and critically review each project for its potential for a world-class discovery.

The company is also fast-tracking a low-cost drill target generation program which is de-risked due to multiple avenues to discovery.

Quick facts: Rumble Resources Ltd

Follow
ASX:RTR

Price: 0.45 AUD

Market Cap: $279.05 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

Tony Locantro talks exploration boom opportunities

Alto Capital's Tony Locantro discusses the companies he's been keeping a close watch on during the current exploration boom in Australia. They include Chalice Mining Ltd (ASX:CHN), Caspin Resources (ASX:CPN) Lefroy Exploration (ASX:LEX) as well as Rumble Resources Ltd (ASX:RTR).

on 3/6/21

2 min read