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rumble resources ltd (20Z) Details

Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia and Canada. The company explores for zinc, lead, copper, silver, vanadium, gold, nickel, and cobalt deposits, as well as platinum-group metals. Its flagship property is the Braeside project comprising approximately 1,000 square kilometers located on the eastern margin of the Pilbara Craton in the northwest of Western Australia. The company was incorporated in 2011 and is headquartered in West Perth, Australia.

Founded in 2011

rumble resources ltd (20Z) Top Compensated Officers

MD & Director
Total Annual Compensation: A$191.6K
Technical Director & Director
Total Annual Compensation: A$98.6K
Compensation as of Fiscal Year 2018.
rumble resources ltd
Rumble Resources Ltd Announces Reconnaissance Air Core and Shallow RC Drilling Completion at Munarra Gully Project

Rumble Resources Ltd. announced 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. Air Core and Slimline RC Drilling Programme: A total of 258 first pass reconnaissance air core drill holes were completed for 6300m over M51/122 (101 holes for 2125m) and E51/1677 (157 holes for 4175m) from April to June 2019. Drilling was angled and shallow (average depth of 22m) with composite sampling and single metre repeats and check sampling. A total of 20 slimline RC drill holes were completed for 1536m over M51/122 (18 holes for 1401m) and E51/1677 (2 holes for 135m) during April to June 2019. Drilling was angled with one metre sampling. A single traverse of angled air core drilling discovered two zones of high-grade cobalt mineralisation with anomalous platinum within the leached upper saprolite zone of a lateritised ultramafic intrusion. Two additional traverses (50m spaced either side of the first traverse) has confirmed continuity of the high-grade cobalt with platinum mineralisation. The lateral mineralisation is under shallow cover (5m). The host geology is a medium grain pyroxenitic intrusion. Multi-element assaying has been completed on one metre samples. Significant results include: LBAC275 ­ 3m @ 0.37% Co, 75 ppb Pt from 14m - LBAC185 ­ 2m @ 0.48% Co, 220 ppb Pt from 18m - LBAC172 ­ 2m @ 0.20% Co, 203 ppb Pt from 11m - LBAC261 ­ 1m @ 0.55% Co, 382 ppb Pt from 13m. High-Grade Cobalt Prospect - Mineralisation Potential and Next Stages: The high-grade cobalt mineralisation has been defined by a single air core drill traverse with close spaced (50m) follow up traverses that has demonstrated the high-grade cobalt mineralisation continuity. The prospect is part of a series of variable ultramafic units, some which have been identified as pyroxenites. The Co ­ Pt mineralisation is completely open along strike - There is over 10km's of strike within the ultramafic units that occur along a strongly magnetic trend. The regional air core drilling by Rumble has only tested a very small percentage of this prospective ultramafic package. High potential for high-grade shallow laterite cobalt deposits. Next Steps: Rumble will fast-track systematic shallow air core traverses along strike to scope out any high-grade lateritic cobalt mineralisation, with up to 10km of strike potential. White Rose Prospect (M51/122) Images 4,5,6 and 7: A differentiated mafic sill has been delineated with the latest round of drilling. Previous exploration by Rumble had defined a zone of significant Cu ­ Au mineralisation associated with a fine grain noritic intrusive with significant intercepts including 22m @ 1.00% Cu from 29m coincident with 19m @ 2.19 g/t Au from 33m (WRRC001). The current drilling has extended the Cu ­ Au mineralisation along strike and defined the width of the sill. The sill is up to 150m in width dipping 75° to the north and trending east-west. The sill is transgressive, cutting across the trend of the older Archaean greenstones (trend northeast with 70° northwest dip). The Cu ­ Au mineralisation is interpreted to be at the base of the mafic portion of the sill. Footwall to the sill are talc chlorite schists and intercalated pyroxenitic ultramafic rocks with strongly elevated copper and an increase in PGM's. The footwall rocks may represent a lower ultramafic stage to the sill. The current drilling has returned significant Cu-Au mineralisation to the east of the previous mineralisation and has extended the "basal" prospective zone to a strike of at least 350m. RC drilling results include: WRRC019 ­ 15m @ 0.88% Cu, 0.77 g/t Au from surface. Including 8m @ 1.1% Cu, 0.96 g/t Au from 4m. WRRC020 ­ 21m @ 0.75% Cu, 0.53 g/t Au from 24m. Entire Hole is mineralised ­ 78m @ 0.34% Cu, 0.23 g/t Au. WRRC021 ­ 24m @ 0.71% Cu, 0.33 g/t Au from 65m. Mineralisation is chalcopyrite, bornite and pyrite. The style is considered ortho-magmatic with gold associated with the copper sulphides. Overall sulphur is low (<2% total S in primary zone). The differentiated Cu-Au mafic sill has been intruded by at least two later dolerite to gabbro dyke sets. The dykes commonly jack the sill. Throughout the White Rose Prospect (M51/122), numerous low-level copper +/- gold mineralised intercepts occur. A total of 11 RC drill-holes (excluding WRRC019, WRRC020 and WRRC021) and 10 air core drill holes returned >1000 ppm Cu intercepts. All >1000 ppm Cu intercepts were north of the main Cu-Au basal mineralisation (base of sill). The copper anomalism is attributed to jacked portions (jacked by later dolerite and gabbro dykes) of the upper portion of the differentiated mafic sill. Significant Copper­Gold Mineralisation Potential and Next Stages: White Rose Prospect - The current drilling has identified a preserved copper-gold mineralised basal zone that is associated with a differentiated mafic sill (up to 150m thick) at White Rose. The preserved mineralisation is likely part of a larger mafic sill complex that has been further intruded by a series of younger dolerite and gabbro dykes. Rumble has now completed three (3) RC traverses (relatively shallow drilling) which have confirmed 350m of strong copper-gold mineralisation. Rumble considers the ortho-magmatic copper-gold mineralisation to be a sill-like feeder zone/channel with potential for higher grade sulphides to occur down the dip plunge (at deeper levels) rather than along strike.

Rumble Resources Limited, Annual General Meeting, Jul 17, 2019

Rumble Resources Limited, Annual General Meeting, Jul 17, 2019, at 12:00 W. Australia Standard Time. Location: Bentleys, Level 3, 216 St Georges Tce Perth Perth Western Australia Australia Agenda: To consider the ratification of prior issue of shares; to consider the ratification of prior issue of placement shares; to consider the ratification of prior issue of placement options; to consider the participation in placement by directors; to consider the approval of issue of incentive options to directors; and to consider the other business matters.

Rumble Resources Limited announces Commencement of Drilling at Munarra Gully Cu-Au Project

Rumble Resources Ltd. announced that it has commenced aircore and RC drilling at the Munarra Gully Project, following up the significant Cu-Au mineralisation that extends over at least 800m and is open at the White Rose Prospect. As part of the programme, significant copper in soil anomalism and magnetic trends inferred to be potential copper-gold bearing mafic intrusives will be tested, extending the strike potential to over 10km's. The Munarra Gully Project is located some 50km NNE of the town of Cue within the Murchison Goldfields of Western Australia. Rumble conducted a detailed airborne magnetic survey over the main inferred Cu-Au mineralised trend (Feb 2019) within the Munarra Gully Project. The survey was designed to highlight potential magnetic features related to structure and mineralisation. The survey comprised of 540 line-km on 100m line spacing bearing 145° with a sensor height of 45m. From the processing of the magnetic data, a semi continuous magnetic feature has been inferredwhich has a strong association with the high order copper in soil anomalism. The feature is under relatively shallow cover (5 to 10m depth of cover) along strike between the copper in soil anomalism and the White Rose Prospect. The magnetic feature has been inferred as potentially being a Cu - Au bearing norite (mafic intrusive) sequence which is the main target mineralisation style at Munarra Gully. In August 2018 four (4) RC drill-holes returned significant copper-gold mineralisation from a fine to medium grain intrusive pyroxenite (norite) at the White Rose Prospect. All four RC drill-holes intercepted significant copper-gold mineralisation over 160m of strike which is completely open (along strike and depth). See image 2 for significant intercepts. Results included: 22m @ 1.00% Cu from 29m coincident with 19m @ 2.19 g/t Au from 33m - WRRC001. During December 2018, five shallow aircore drill traverses (average depth was only 22m and 15m vertical) tested for potential strike extensions to the significant copper-gold mineralisation discovered by the maiden RC drilling at White Rose. The aircore program extended the strong copper with gold anomalism geochemistry to 800m strike northeas and west from the White Rose Cu - Au mineralisation. In addition, wide widths of copper geochemistry were intercepted (up to 80m) which has significantly added size and scale potential to the Munarra Gully Project. Aircore and RC Drill Programme for White Rose (Commenced). Aircore drilling designed to extend the 800m of copper-gold strike potential - open west and northeast. RC Drilling to test wide zones of copper-gold anomalism (up to 80m in width) within the 800m of copper-gold untested at depth.RC Drilling to test new target type - A north-south trending magnetic target tested by the aircore drilling confirmed an ultramafic intrusive (pyroxenite) which returned Ni to 4008 ppm and Cu to 1061 ppm near surface. uring December 2018, infill and extension lag sampling (344 samples) complemented previous orientation lag sampling (107 samples) for a total of 451 samples and were collected on 200m by 50m and 200m by 100m spacings over a strongly magnetic northeast trending sequence of mafic volcanics with ultramafic and mafic intrusions. Four significant, coherent copper anomalies were discovered, some with gold anomalism over a strike of 3.6km: Copper A1 Anomaly - 600m strike, up to 400m wide with copper to 437 ppm. Copper A2 Anomaly - 500m strike with copper to 444 ppm. Copper A3 Anomaly - 2000m strike with copper to 620 ppm and gold to 35 ppb. Copper A4 Anomaly - 200m strike with copper to 916 ppm and gold to 19 ppb. Strike Under Cover: Approximately 4km of potential strike is under cover between the copper in lag anomalism and the White Rose Cu - Au mineralisation. Airborne magnetics have shown an undercover magnetic connection and high probability of mineralistation extension. Aircore and RC Drill Programme for E51/1677 (commenced). Aircore drilling programmed to test copper in soil anomalism over a strike of 3.6 km and associated magnetic targets under cover over 4km in strike. RC drilling to be completed on best targets generated by the aircore drilling.

 

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