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Rumble Resources Ltd.
Summary
| Project: | Munarra Gully | |
|---|---|---|
| Deposit: | Munarra Gully | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Cobalt-Platinum | |
| Date: | 7/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-7-2019: Rumble Resources Ltd. announces an Exploration/Drilling Update report for its Munarra Gully deposit at the Munarra Gully project. Drilling results incl. 78m @ 0.34% Cu, 0.23 g/t Au. Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brett Keillor (Internal) | |
| ABSTRACT: | Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that reconnaissance air core and shallow RC drilling has been completed at the Munarra Gully Project, with final assay results returned. The Munarra Gully Project is located some 50km NNE of the town of Cue within the Murchison Goldfields of Western Australia. Within the White Rose Prospect, the shallow slimline RC drilling has extended previously defined copper-gold mineralisation by Rumble resulting in highlighting the presence of a differentiated mafic sill with significant basal mineralisation over a strike of 350m and up to 150m wide. The preservation of the highly prospective basal zone is a key component in the search for high-grade ortho-magmatic copper-gold mineralisation. The prospect is considered a feeder zone associated with a larger mafic sill complex and enhances the potential for significant mineralisation down plunge. Regionally, ten air core drilling reconnaissance traverses were completed over a strike of 9km with the principle aim of testing high order Cu – Au in soil anomalies and geophysical targets under shallow cover. A new zone of shallow lateral high grade cobalt with platinum anomalism has been discovered under cover 3km to the southwest of the White Rose Prospect. The cobalt – platinum mineralisation is completely open with up to 10km strike potential. Rumble has now acquired two exploration licence applications (100% ownership) covering the inferred northern strike extension of the copper-gold mineralised corridor that extends over a known strike of 9km. The additional tenure and inferred zone has increased the strike of the prospective Cu-Au corridor to 25km. | |
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