Rumble Resources Ltd (ASX: RTR) reports that joint venture partner IGO Ltd (ASX: IGO) has agreed to undertake further exploration activities on its Fraser Range JV Projects in Western Australia in the current June 2020 Quarter.
Rumble’s Managing Director, Shane Sikora, said the return to the Fraser Range JV area is a very positive development.
“The Rumble team are looking forward to the re-commencement of exploration by our JV partner IGO on our highly prospective projects in the Fraser Range.
“The region has gained significant renewed interest thanks to a new nickel-copper discovery by Legend Mining at the Mawson Prospect, only 30kms along strike from our Thunderdome Project, which has two new exciting prospects to be drill tested.
“Combine this with our compelling Lamil Project in the Paterson province, another sought after exploration region due to the new Winu Copper-Gold discovery by Rio Tinto, and we now have two projects to be drilled by JV partners in two of the most sought after regions in Australia capable of Tier 1, large scale discoveries.”
The Thunderdome Project consists of tenement E28/2366 which covers 140sq km’s on the main Fraser Range gravity ridge associated with dense mafic/ultramafic rocks of the Fraser Complex.
It has a large prominent dome feature clearly visible on regional airborne magnetic images. This large dome feature is one of the largest in the Fraser Range and has a fold axis of some 22km. Within this larger target area are also several smaller features which may represent later stage intrusions.
The Thunderdome project is located 30 km north-east along trend of the recent Mawson nickel-copper discovery made by Legend Mining.
The Thunderstorm Project lies within the Albany Fraser Province and is located some 250km SSE of Kalgoorlie, Western Australia. The Thunderstorm Project comprises of three exploration licences, E28/2528, E28/2529 and E28/2595 for a total area of 323km2.
First stage exploration by IGO utilised the SPECTREM AEM system to map the depth of cover and to highlight conductors under shallow cover along with acquiring magnetics data.
The SPECTREM AEM system is a high-definition fixed-wing, time domain airborne electromagnetic geophysical technique. The SPECTREM AEM survey defined two major palaeo-drainage systems that cover up to 50% of the area of the Thunderstorm Project up to 100m in depth.
Along with the geophysics, IGO completed a wide spaced air core drilling program (1.5km by 400m pattern) over a portion of the project which resulted in significant high-grade gold mineralisation intersected intermittently over 13km’s in a large scale palaeo-drainage system and underlying basement on wide spaced air core drilling (1.5km by 400m pattern) at the Themis and Pion Prospects.
The proposed exploration work will include:
Regional Air-core – IGO has chosen to undertake a systematic air-core drilling program across the tenements in order to obtain basement samples for geochemistry.
- SQUID MLEM surveys over mafic intrusions east of the Newman Shear Zone.
- SQUID MLEM survey to follow up 5 Ni-Cu target areas identified by the SPECTREM survey.