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Rumble Resources Ltd.
Summary
| Project: | Braeside | |
|---|---|---|
| Deposit: | Braeside | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 1/16/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2018: Rumble Resources Ltd. announces an Exploration/Drilling Update report for its Braeside deposit at the Braeside project. Drilling results incl. 4m @ 9.64% Zn, 0.41% Pb from 32m. Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Keillor (Internal) | |
| ABSTRACT: | Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that the maiden reconnaissance drilling program at the Braeside Project (E45/2032), located in the Pilbara region of Western Australia, has discovered significant base metal mineralisation indicative of a large porphyry related base metal mineralising system. Rumble Resources Technical Director, Mr Brett Keillor said ”the discovery of significant high grade zinc mineralisation such as 4m @ 9.64% Zn, 0.41% Pb near surface from 32m within a 28 metre wide zone of mineralised alteration at the Devon Cut Prospect in the first ever reconnaissance RC drilling conducted at the Braeside project is outstanding”. “Given that Rumble has only drilled 19 holes to relatively shallow depths into a base metal corridor which has a strike length of 34km, the potential to find further mineralisation which may lead to an economic deposit or camp is high”. “Wide zones of pervasive alteration with base metal anomalism and high-grade intercepts within large soil anomalies with limited high-grade grab sampling along the entire strike length is very significant considering only a small portion of the high order geochemistry and geophysical targets have been partly tested”. “The exciting drill results support the porphyry related base metal deposit style model Rumble has developed from litho-geochemistry, soil geochemistry and geological reconnaissance programmes which has substantially enhanced the project. Rumble considers the Braeside Base Metal Project to be highly prospective for zinc, lead, copper, silver, gold and vanadium deposits that are associated with major fracture/structure zones that extend over the entire 34km of strike”. “Geological knowledge gained from this drill program will aid in further understanding the mineralisation style, however, more importantly, the information will vastly improve exploration methodologies which will expedite targeting for the next drill programs. Rumble plans to aggressively follow up these drill results, arrange access to numerous targets already developed and define new drill targets”. | |
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