- Rumble Resources (RTR) will soon commence a major drill program at its Western Queen Gold Project in Western Australia
- The multi-rig drilling program will include 12,000 metres of diamond and reverse circulation (RC) drilling
- RC drilling will target high-grade gold shoots while diamond drilling will focus on potentially extending the resource of the Western Queen Central deposit
- Multiple rigs are scheduled to arrive on-site on June 15
- Company shares are up 4.35 per cent and are trading for 9.6 cents each
Rumble Resources (RTR) will soon commence a major drill program at its Western Queen Gold Project, located within the Yalgoo mineral field of Western Australia.
The multi-rig drilling program will include 12,000 metres of diamond and reverse circulation (RC) drilling targeting a range of high-grade gold targets.
RC drilling will focus on multiple high-grade gold shoots while diamond drilling will focus on potentially extending the resource down-plunge of the Western Queen Central deposit.
Previous drilling has confirmed the down-plunge continuity and position of the high-grade gold shoot. Significant results include; six metres at 34.24 g/t gold from 354 metres, and 6.3 metres at 36.09 g/t gold from 305.7 metres.
Drilling will also target the Western Queen Central North and Oxide deposits, as well as the Western Princess and Cranes deposits.
“Rumble is excited to embark on the largest drill program in our company’s history,” Managing Director Shane Sikora said.
“As a result of the new geological understanding and high-grade gold drill results to date, we have high confidence we are now zeroing in on the high-grade gold shoots, and are on the verge of making multiple, significant, high-grade gold discoveries,” Shane added.
The Western Queen Gold Project lies northwest of Mt Magnet and comprises two mining leases covering a total area of 9.8 square kilometres.
The project holder is Mt Magnet Gold, an entity owned by Ramelius Resources (RMS). In August 2019, Rumble entered an option agreement with Ramelius to acquire 100 per cent of the project. And in April this year, Rumble formally elected to extend its option at the project to February 2 2021.
Multiple drill rigs are scheduled to arrive on-site on June 15.
Company shares are up 4.35 per cent and are trading for 9.6 cents each at 3:57 pm AEST.