Rumble Resources Ltd (ASX: RTR) ('Rumble' or 'the Company') is pleased to announce the results from the second stage of RC/diamond core drilling at the Western Queen Gold Project.
The two stages of drilling have been successful in making high grade gold discoveries1, but just as important, provided a greater geological understanding of the controlling structure(s) and deposition styles associated with the high-grade gold mineralisation. Six (6) compelling high-grade gold zones and targets have been delineated providing high confidence in finding new, near-term high-grade gold discoveries.
Managing Director Shane Sikora Said: 'Rumble's initial assessment of the Western Queen Gold Project recognised the potential for multiple new high-grade gold discoveries, based on the limited drilling outside of the historic deposits, and the deposit types typically forming multiple gold shoots. To deliver the best chance of realising the potential of the project, Rumble implemented a geophysics and drilling strategy over two stages to scope out the prospectivity of the Project. These two stages have been successful in significantly upgrading the Project by identifying the potential for multiple shallow high-grade gold shoots across the entire project. This has led to a better geological understanding of the system for more effective targeting methods.
'The shallow high-grade gold mineralisation intersected by Rumble (8m @ 7.22 g/t Au from 49m) to the north of the Western Queen Central pit, some 250m along strike was 'blind' from surface due to a reverse fault 'hiding' the top of the high-grade gold zone (up-plunge). Immediately north of the Western Queen Central open pit other significant historic, shallow high-grade gold zones including 7m @ 60.6 g/t Au, 6m @ 37 g/t Au, 11m @ 16.8 g/t Au and 11m @ 9.75 g/t Au have also been be shunted and transposed by the reverse faults. The high-grade gold is interpreted to develop further down-plunge below the faulting and will now be tested by RC drilling. These targets could represent a repeat of the historic high-grade Western Queen Central Open Pit Deposit that produced 190,000oz @ 8.9 g/t Au2 , which had a high angle thrust partly covering the deposit with the high-grade gold partially blind and developing at a depth of approximately 40m below surface.
'The diamond-core drilling targeting the Western Queen Central deposit 'deeps' has been successful in extending the high-grade gold down plunge which remains open and importantly confirmed the position of the high-grade gold shoot. The drilling also enabled the technical team to recognise the high-grade gold (6m @ 34.24 g/t Au and 0.7m @ 26.6 g/t Au, which only clipped the top of the high-grade gold shoot but has provided direction) is associated with a non-conductive skarn (stage two targets were previously conductors) which has provided a greater geological understanding when targeting this and other high-grade gold shoots in stage three of the drilling program and beyond. As we have now zeroed in on the high-grade gold shoot, we have high confidence the next round of drilling will extend the high-grade gold at depth and lead to further discoveries.
'Rumble now has six compelling high-grade gold shoot targets, based on the new geological understanding and high-grade gold drill results to date we have laid the foundations for multiple, near term high-grade gold discoveries.'
About Western Queen Gold Project
The Western Queen Gold Project lies 110km NW of Mt Magnet within the Yalgoo mineral field of Western Australia ('the Project'). The Project comprises of two contiguous mining leases (M59/45 and M59/208) for a total area of 9.8 km-2. The holder is Mt Magnet Gold Pty Ltd, an entity owned by Ramelius Resources (ASX: RMS). Rumble entered an option to acquire 100% of the Project in August 2019. On 14th April 2020 Rumble provided formal notice to Ramelius that it has elected to extend its option at the Western Queen Au Project to 2 February 2021.
The Project is located within a 110km radius of three operating gold processing mills. The closest mill is the Dalgaranga Mill (48km) which has a capacity of 2.5 Mtpa. The Checkers Mill (Mt Magnet) has a capacity of 1.9 Mtpa and the Tuckabianna Mill has a capacity of 1.2 Mtpa. The two mined deposits at the Western Queen Gold Project have a combined historic production of 880,000t @ 7.6 g/t Au for 215,000oz. The Western Queen (Central) Mine produced 660,000t @ 8.9 g/t Au for 189,500oz and the Western Queen South Mine (from two stages) produced 220,000t @ 3.6 g/t Au for 25,500oz.
An updated mineral resource (Payne Geological Services Pty Ltd - Independent) was completed in January 2018. Rumble has reviewed and verified the indicated and inferred resource (refer ASX announcement 6 August 2019), and estimates remaining resources beneath both mined deposits of 962,000t @ 3.9 g/t Au for 120,000oz. The mineral resource estimate for the Western Queen Gold Project was first reported by the Company in its announcement dated 6 August 2019. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the previous announcement continue to apply and have not materially changed.
About Rumble Resources Ltd
Rumble Resources Ltd is an Australian based exploration company, officially admitted to the ASX on the 1st July 2011. Rumble was established with the aim of adding significant value to its current mineral exploration assets and will continue to look at mineral acquisition opportunities both in Australia and abroad.
Contact:
Tel: +61 8 6555 3980
Fax: +61 8 6555 3981
Email: rumbleresources.com.au
RUMBLE RESOURCES LIMITED 
