Rumble Resources Ltd

NEW HIGH-GRADE ZINC DISCOVERY
Company Exposure

Zinc, Lead, Copper, Silver, Gold and Vanadium

Company Listing

Rumble Resources

Stock Code

ASX:RTR

Company Overview



Rumble Resources Limited is an Australian-based mineral exploration company with a clear strategy of organic growth by generating a pipeline of quality high grade base and precious metal projects, critically reviewing against stringent criteria and then systematically explore multiple projects targeting high grade world class discoveries.

Rumble completed its maiden drill program late 2017 on the Company’s flagship Braeside high grade Zinc-Lead project Project, which significantly identified a new high grade zinc discovery in the first ever RC drill program on the project.

In line with the companies clear strategy of generating and drill testing a pipeline of high grade projects, Rumble recently added the Barramine high grade Cu-Pb-Zn-Ag Project, Earaheedy high grade Zn project, Munarra Gully high grade Cu-Au Project and the Nemesis high grade Au project.

4 of these projects will be drilled tested in 2018 along with JV partner major IGO who are drilling Rumbles Fraser Range projects providing multiple near term catalysts to have a significant re-rating with each drill program a chance to make high grade discoveries.

“Given that Rumble has only drilled 19 holes to relatively shallow depths into a base metal corridor which has a strike length of 34km, the potential to find further mineralisation which may lead to an economic deposit or camp is high”.

Rumble Resources Technical Director, Mr Brett Keillor said on Braeside Maiden Drilling Results
Investment Highlights

  • Generating and drill testing a pipeline of projects capable of high grade world class discoveries
  • Successful Technical Director Brett Keillor, previously discovered 7 significant deposits worldwide
  • Exceptionally strong working capital with $5.2mil cash at bank – Fully Funded
  • All projects acquired are low cost exploration to test for discovery
  • 5 quality projects scheduled for drilling in 2018 all with the potential for high grade discoveries creating near term catalysts for a significant re-rating in 2018
  • Highly leveraged to exploration success with lack of new discoveries globally and commodity price highs
Live Financials

Latest Announcements

Share Price Performance

Team

Shane Sikora – Managing Director
Brett Keillor – Technical Director
Matthew Banks – Non-Executive Director
Michael Smith  – Non-Executive Director

Major Shareholders

Board and Management – 9.5%
Top 20 – 35%

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Projects Overview


WA Projects

Braeside Project (Flagship Project) – New High Grade Zinc Discovery
o High Grade Zn-Pb-Cu-Ag-V Project

Barramine Project
o High Grade Cu-Pb-Zn-Ag Project

Earaheady Project
o High Grade Zn Project

Nemesis Project
o High Grade Au Project

Munarra Gully Project
o High Grade Cu-Au Project

Fraser Range Project
o JV with major Independence Group NL (ASX: IGO)

2018 Expected Significant News Flow

  • JV Partner Independence Group (ASX:IGO) drill testing Fraser Range Nickel – Copper Projects – Commenced, 12000m drilled and results pending
  • Drill testing Munarra Gully High Grade Copper – Gold Project – Scheduled for April 2018
  • Drill testing Nemesis High Grade Gold Project – Scheduled for April 2018
  • Drill testing Braeside High Grade Zinc-Lead Project – 2 rounds of drilling planned for 2018. First scheduled for May 2018
  • Drill testing Earaheedy High Grade Zinc Project – Scheduled for 2018
BRAESIDE High Grade Zn–Pb–Cu–Ag-Au–V Project

New High Grade Zinc Discovery

  • 34km strike of base metal mineralisation associated with two main structures from a porphyry source with high grade grab sampling assays returning up to 29.31% Zn, 79% Pb, 17.48% Cu, 325 g/t Ag, 13 g/t Au and V205 3.29%
  • Rumble completed first systematic modern exploration on the project which culminated in the first ever RC drilling on the project in late 2017 which identified a new high grade zinc discovery at Devon Cut 5m @ 8.0% Zn, 0.35% Pb from 32m
  • 2 x Drill Programs planned in 2018 to commence in May
  • Rumble is targeting high-grade fault breccia pipe type deposits (2-5Mt of high-grade Zn and Pb) and lower grade disseminated base metal deposits (30-50Mt)
  • Grab sampling at the Devon Cut Prospect returned high grade Vanadium: V2O5 – 3.29%, 1.82% and 1.52%

EARAHEEDY High Grade Zn Project

  • Historical drilling intercepted high-grade zinc up to 18.6% within an intersection 3.3m @ 11.2% Zn, and 0.93% Pb from 150m
  • Other drill-holes include 2m @ 8.23% Zn and 2.77% Pb from 103m
  • Rumble completing targeting for maiden drill program in 2018
  • The target size is similar to the Pillara (Blendevale) Zn – Pb deposit located in the Devonian limestones of the Lennard Shelf, which produced 10.3 Mt @ 6.9% Zn and 2.3% Pb

MUNARRA GULLY High Grade Cu-Au with Ni-Co Project

  • At the White Rose Prospect, exceptional historic shallow RAB drilling intercepts from surface (4m composites):
    >> 40m @ 0.66% Cu, 4.85 g/t Au, surface to End Of Hole * Inclues 8m @ 1.3% Cu, 22.75 g/t Au from 24m
    >> 34m @ 0.75% Cu, 0.46 g/t Au, surface to End Of Hole
    >> 20m @ 0.54% Cu, 1.52 g/t Au, surface to End Of Hole
  • Mineralisation completely open to the west and at depth
  • Average of 33 rock chip samples – 0.68% Cu (up to 2.1% Cu), Au to 1.9 g/t, Ni to 0.37% and Co to 0.11
  • Rumble maiden drill program planned for April 2018

NEMESIS High Grade Au Project

  • Historic small scale gold mine produced from 1900-1910 7157oz of gold from 2276 ton of ore – 98 g/t Au
  • No drilling has tested the depth extension of the Nemesis deposit below 40m
  • Previous drilling focused on delineating shallow oxide mineralisation – All historic RC drilling tested only to a vertical depth of 35m
  • Rumble maiden drill program planned for April 2018

Contact Details

WEBSITE: www.rumbleresources.com.au

EMAIL: s.sikora@rumbleresources.com.au

PHONE: +61 8 6555 3980

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