Zenith Minerals Ltd. owns a 25% free carried interest in the EJV whilst Rumble owns 75%. The project area (E69/3464) covers the contact between the overlying Frere Iron Formation and underlying Yelma Formation of the Earaheedy Basin. In April 2021 the EJV partners each announced a major Zinc-Lead Discovery with `Tier 1' potential at the Earaheedy Project and followed this up announcing a Large Sedex Style System Emerging at the Earaheedy Project.

There are 2 main prospects within the EJV, Chinook and Magazine that lie 12km apart which are now joined by mineralisation at Tonka, Navajoh and in a Feeder Fault below the Chinook mineralisation. Within the broader region, Zenith in its own right controls 100km of prospective mineralised strike which also has the potential to contain multiple large tonnage Zn ­ Pb deposits. The 2021 drilling program was expanded to over 50,000m, primarily to further drill and scope the new Tonka discovery zone.

Late Dec-21 results for a further ninety (90) holes for 13,959 metres were reported on with assay results returned for 28,144m of drilling (approximately 56% of the planned 2021 drilling campaign). In addition to this announcement, the final sets of drilling results are expected by February-March 2022. TONKA DISCOVERY: A new zone of flat lying Zn-Pb-Ag mineralisation at Tonka was discovered 8km southeast of the Chinook Zn-Pb-Ag discovery, during exploration drilling testing the wider potential of the joint venture ground.

Key attributes of Tonka include: A new Zn-Pb mineralised zone intersected on one key drill section and in sparse step-out drilling, covering an initial footprint of 1.7km x 1km, remining open in all directions.