viewRumble Resources Ltd

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


Price: 0.45 AUD

Market Cap: $279.05 m

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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