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Mining

Rumble Resources scouring for nickel conductors in Fraser Range

Rumble Resources (ASX:RTR) has commenced a high-powered moving loop ground based electromagnetic survey at its Zanthus nickel project in the Fraser Range, Western Australia.

The survey is targeting bedrock conductors which may represent massive nickel sulphides; Zanthus is located 18 kilometres east of the Nova-Bollinger nickel-copper massive sulphide discoveries.

Targets include a high priority “eye” feature, thought to be an intrusive body, co-incident with a conductive zone outlined from the reconnaissance ground electromagnetic program completed in April 2014.

The “eye” feature is 2 kilometres in length and up to 1 kilometre wide, a similar size to the Nova “eye” feature.

The survey is expected to take 4 to 5 weeks to complete with geophysical interpretation to follow.

This will focus on primary targets though there are multiple prospective targets that will need to be explored in further electromagnetic programs.

This completed program will provide valuable information for Rumbles next surveys.

Rumble is modestly valued at under $5 million.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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