Rumble Resources (ASX:RTR) is heading to market with a capital raising.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
Rumble is planning to commence high impact drilling on the Voisey Bay style target at Big Red, which is located in the Fraser Range.
Reverse circulation and diamond drilling is planned to intersect the EM Plate within the interpreted Voisey Bay feeder Structure.
Rumble will then look to complete a geophysical down hole EM survey following completion of the work.
The halt will remain in place until the opening of trade on Friday 7th November 2014, or earlier if an announcement is made to the market.
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