Rumble Resources (ASX:RTR) is in a halt pending an announcement on capital raising and its shares will not trade until 14 May 2013 or when a release is made.
Rumble has four project areas in Western Australia and one in Burkina Faso, with its principal activities last quarter focused on the Derosa project, a developing gold project in West Africa and the Beadell base metal project in the Paterson province of Western Australia.
During the last quarter, Rumble conducted detailed litho-structural and regolith mapping of the east, west, north and south areas of the Bompela artisanal site over a target area of 16 square kilometres.
Rock chip sampling there returned gold grades of up to 24.5 grams per tonne.
It has planned an aircore and reverse circulation drilling campaign to target the Bompela artisanal sites and other priority targets.
Last quarter, Rumble also completed a program of 16 reverse circulation drill holes, including 6 with diamond tails at the Beadell project.
Initial results indicate that there is widespread anomalous zinc and lead mineralisation and localised copper mineralisation.
This quarter, Rumble will conduct a review of the geochemistry and have detailed petrography completed to better determine mineral associations to help understand the style of mineralisation.
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