Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Rumble Resources (RTR) has confirmed a major zinc-lead discovery at the Chinook Prospect in Western Australia
  • All up, 33 reverse circulation (RC) holes were drilled across the Chinook and Magazine prospects
  • 26 holes were drilled at Chinook to test the strike, while seven were drilled at Magazine to test previously defined mineralisation
  • All the holes from Chinook intersected visual zinc-lead mineralisation and up to 6.65 zinc and lead
  • Additionally, the results highlighted the potential for a large-scale zinc-lead system as only two kilometres of the 45-kilometre strike was tested
  • Rumble is expected to undertake further drilling at the Earaheedy Project over the next 12 months to test additional targets
  • Shares in Rumble are up a healthy 69.4 per cent and are trading at 30.5 cents

Rumble Resources (RTR) has confirmed a major zinc–lead discovery at the Chinook Prospect in Western Australia.

The Chinook Prospect is part of the Earaheedy Project, which lies roughly 110 kilometres north of Wiluna and is held in joint venture with Zenith Minerals (ZNC) who owns 25 per cent.

All up, Rumble drilled 33 reverse circulation (RC) holes, for 3593 metres, across the Chinook and Magazine prospects.

26 RC holes were drilled at the Chinook Prospect to test more than 2000 metres of strike.

All holes intersected visual zinc-lead mineralisation and results have been received for two.

Results include 34 metres at 4.22 per cent zinc and lead from 66 metres including 17 metres at 6.65 per cent zinc and lead from 73 metres.

Additionally, the results highlighted the potential for a large-scale zinc-lead system as only two kilometres of the 45-kilometre strike was tested.

Seven RC holes, totalling 940 metres, were drilled at the Magazine Prospect to test for potential strike extensions to previously defined mineralisation.

Results are pending for all holes and are will be received in due course.

Rumble is expected to undertake further drilling at the Earaheedy Project over the next 12 months to test additional targets.

Shares in Rumble are up a healthy 69.4 per cent and are trading at 30.5 cents at 10:38 am AEST.

RTR by the numbers
More From The Market Herald
North Stawell Minerals (ASX:NSM) - Non Executive Chairman, Jerry Ellis

" North Stawell Minerals (ASX:NSM) extends Gellatlys gold trend to 3.5km

North Stawell Minerals' (ASX:NSM) recent aircore drilling program has extended the Gellatlys gold trend to 3.5…

" Victory Goldfields (ASX:1VG) receives Coolgardie results

Victory Goldfields (ASX:1VG) has received results from its reverse circulation (RC) drilling program completed at the…
Orange Minerals (ASX:OMX)- Managing Director, David Greenwood

" Orange Minerals (ASX:OMX) posts first quarterly report since listing

Orange Minerals (ASX:OMX) reports its first activities quarterly report after listing on the ASX last month.

" Meeka Gold (ASX:MEK) observes mineralisation in all Margaret lode drill holes

Meeka Gold (ASX:MEK) observes mineralisation in every drill hole completed at its Murchison gold project in…