Rumble Resources makes large-scale zinc-lead-silver discoveries at Earaheedy
The Earaheedy zinc-lead sandstone-hosted mineralisation has similarities with the nearby Paroo Lead Project, 120 kilometres to the southeast.
Company
ASX:RTR
Normal 0 false false false EN-AU X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} Rumble Resources Ltd (ASX:RTR) is an Australia-based company engaged in the acquisition and exploration of base and precious metal projects. The company’s flagship Earaheedy Project is about 110 kilometres north of Wiluna, Western Australia in the Earaheedy Basin. It has two 100%-owned exploration licenses ELA69/3787 and ELA69/3862 and a 75%-owned E69/3464. The company’s other projects include Western Queen, Fraser Range, Lamil, Munarra Gully, Braeside, Warroo and Wardawarra.
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The Earaheedy zinc-lead sandstone-hosted mineralisation has similarities with the nearby Paroo Lead Project, 120 kilometres to the southeast.
Mt Cecelia project is on the boundary between the world class copper-gold rich Paterson Province and the Pilbara Craton.
The project is in the same region in which Rio Tinto has pegged large areas of exploration ground.
22 metres at 1% copper from 29 metres coincident with 19 metres at 2.19 g/t gold from 33 metres.
The program consisted of seven holes for 1,149 metres with assays expected in around three weeks.
The drilling targeted gold mineralisation below the historical workings as well as along strike.
Drilling is targeting high-grade gold mineralisation below the historical workings.
The drilling will test a large conductor plate as well as mineralisation beneath the White Rose open pits.
The halt will remain in place until Wednesday 17th January 2018.
The halt will remain in place until Monday 2nd October 2017.
The project consists of zinc, lead, copper and silver deposits.
The halt will remain in place until Friday 23rd June 2017.
High-grade historical grab samples include 18.9% zinc and 79% lead.
The halt will remain in place until Friday 17th March 2017.
Proactive Investors forecasts for Impact Minerals a 12 month share price target of $0.04 per share with additional and very significant upside from ongoing exploration. Speculative buy.