For thousands of other reports visit RSC's Mineral Intellingence Map
Rumble Resources Ltd.
Summary
| Project: | Braeside | |
|---|---|---|
| Deposit: | Braeside | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 11/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-11-2018: Rumble Resources Ltd. announces an Exploration/Drilling Update report for its Braeside deposit at the Braeside project. Drilling results incl. 105m @ 0.78% Zn + Pb. Rumble Resources Limited (ASX: RTR) (“Rumble” or “the Company”) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Keillor (Internal) | |
| ABSTRACT: | Rumble Resources Limited (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce the results of only the second regional RC drill program at Rumble’s flagship Braeside Project, which has discovered significant high-grade lead and wide zones of barium. Furthermore, the exploration results have defined four systems of mineralization that are associated with a large porphyry related polymetallic vein system with mineralization over a strike length of 35km and up to 6km in width. The new interpretation of the porphyry related geological model has identified a preserved, near complete porphyry to epithermal system, which is a rare discovery for Archaean age rocks. The exploration model is based on the results and interpretation of geology, alteration and mineralization from the RC drilling completed – see image 11. The exciting new development has significantly upgraded the Braeside Project to a regional scale base metal system located in the East Pilbara/Paterson region known for large scale deposits – see Image 1. Rumble will now be targeting large Cu-Au disseminated porphyry deposits along with high grade base metal vein/breccia pipe and epithermal Pb-Zn-Ag-In+/- Au deposits. Rumble understands that to have three deposit type targets at one project is a unique occurrence, providing Rumble shareholders with significant exposure to exploration results and discovery. Rumble will now be fast tracking exploration towards the next stage of drilling, following up the significant results along with numerous high order targets from the new interpreted model and recent CSIRO study. These targets have the potential for large-scale base-metal mineralisation with gold. An example is a significant large-scale Cu–Au drill ready target at Image 12. Brett Keillor, Technical Director, commented; “The discovery of broad zones of barium related alteration with elevated copper and gold at Barium Ridge and Sugar Ramos has advanced the porphyry related polymetallic vein deposit model. More importantly, regional lateral metal zonation has been established, which highlights the porphyry to epithermal deposit type continuum. Braeside now has potential for copper-gold disseminated/sheet vein type mineralisation associated with the peripheral zone to a porphyritic intrusion along with polymetallic vein/breccia and epithermal type deposits. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report