JV Hits 16m @ 6.69 g/t Au
Rumble Resources Ltd (ASX: RTR) reports that JV partner IGO Limited has completed an aircore drilling programme following up the Themis High-Grade Gold discovery in the Fraser Range region of Western Australia.
The programme has delivered exciting results including a new significant shallow high-grade gold intercept and confirmation of widespread gold throughout the Thunderstorm JV project located in the Fraser Range, which is known for its world-class discoveries including the large scale Tropicana gold deposit.
Rumble has a significant holding in the Albany Fraser Range Region, Western Australia with over 1126 Square kilometres of highly prospective tenure.
The Thunderstorm JV Project is comprised of three tenements, E28/2528, E28/2529 and E28/2595 for 323km2 (70% IGO/30% RTR), the Thunderdome JV Project comprised of tenement E28/2366 for 82.9km2 (70% IGO/30% RTR), the Thunderbolt Project comprised of two tenements, E28/2924 and ELA28/3062 for 645.8 km2 and the new Thunderclap Project which is comprised of three tenements, E28/2971, E28/2972 and E28/2973 for 18 km2.
Recent air core drilling by IGO at the Themis Prospect comprised of six (6) vertical holes. Sampling was 4m composites. Results include:
- 16m @ 6.69 g/t Au from 42m – 0.5 g/t cut off Inc 4m @ 22.2 g/t Au from 50m
- 8m @ 1.31 g/t Au from 58m
- 4m @ 1.37 g/t Au from 70m
- 8m @ 0.5 g/t Au from 54m.
Widespread gold anomalism has been intersected by IGO in numerous drill holes throughout the Thunderstorm Project highlighting the potential for multiple deposits.
The two drilling campaigns completed (2018/2019 and 2020) have delineated potential for both basement source and palaeo-drainage gold mineralisation.