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Rumble Resources (ASX:RTR) significantly increases Earaheedy’s mineralisation footprint

Mining
ASX:RTR      MCAP $29.21M
08 July 2021 09:50 (AEST)

Rumble Resources (RTR) has significantly increased its mineralisation footprint at the Earaheddy Project in Wiluna, Western Australia.

The company recently commenced a 30,000-metre drilling program at the Chinook discovery, located within Earaheedy.

Rumble has now received assays from the first four step-out holes, which have increased the mineralisation footprint 700 metres in a southwest to northeast direction, and another 900 metres in a southeast to northwest direction.

The zinc and lead mineralisation footprint now is 3 kilometres by 1.8 kilometres, an increase of 125 per cent.

Once the boundaries of mineralisation footprint are defined, drilling will then focus on the inferred feeder structures.

Interestingly, this increase has been achieved with only 2500 metres of the 30,000-metre drill program.

Rumble is expecting a further two drill rigs to arrive on the site over the coming weeks.

Managing Director Shane Sikora is very pleased on the results so far and is looking forward to exploring the area further.

“We are just at the start of unlocking this massive base metal system and already we have the confidence to increase the Exploration Range to 100mt – 120mt as a result of the growing mineralisation footprint,” Mr Sikora said.

“The potential of what we could ultimately uncover as we test the outer boundaries of the mineralisation and then start to focus on the inferred feeder zones.

“When the second and third RC drill rigs arrive over the coming weeks the pace of the scoping drilling will really start accelerating, together with the commencement of the targeting of the inferred high-grade feeder structures.”

Rumble was trading up 6.19 per cent at 51.5 cents per share at 10:36 am AEST.

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