STTCOMP RTR, FA LONG
RTR Rumble Resources
Market Cap $18 million
Cash $5.26million (as per last report)
SOI 353million
SP .050
Options 30 million various strikes from .03 to .15
Overview Rumble are now fulltime explorers.
With 5 different projects in West Australia, the most significant of these are;
JV with IGO on Frasers Range seeking Nickel/Copper. Currently awaiting 12000m of drill results.
RTR also recently purchased the historical high grade Gold project called Nemesis. This has been all but dormant for 100years, however was producing in excess of 3 oz /ton in early 20th century
From 1900-1910. Production was 7157oz from 2276 tons. The original mine has not gone below a depth of 40m. Drilling to commence in April. .
The head geo is on the board, Brett Keilor (twice AMEC prospector of the year) for his discoveries of Plutonic & Tropicana.
Three directors have been buying on market in $25k -$50k parcels.
Other drill programmes for April onwards are
Braeside High grade Zn-Pb-Cu-Ag-V
5m @ 8.0% Zn, 0.35% Pb from 32m inc 1m @ 21% Zn and 0.97% Pb from 34m
Munarra Gully High grade Cu-Au with Ni-Co
40m @ 0.66% Cu, 4.85 g/t Au from surface to end of hole. Inc 8m @ 1.32% Cu, 22.75 g/t Au from 24m
0.68% Cu (ave of all 33 samples collected), Up to 2.1% Cu, Au to 1.9 g/t, Ni to 0.37% and Co to 0.11%.
Earaheedy High grade Zn
Historical drilling discovered high-grade zinc up to 18.6% within an intersection At ‘Navajoh’, of 7.3 metres @ 6.1 % Zn, 0.77% Pb (including 3.3 metres @ 11.2% Zn, and 0.93% Pb) remains untested for 500 metres to 1 kilometre in all directions.
At ‘Magazine’ there are no follow up holes within a 1kilometre radius of a discovery intersection of 11 metres @ 3.5% (Zn + Pb) which includes 2 metres @ 8.2% Zn, 2.8% Pb).
Rumble Resources has immediate exploration potential, well funded and all tenements are in the safe jurisdiction of West Australia
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