Rumble Resources (ASX:RTR) raise the discovery bar at Mato

Rumble Resources (ASX:RTR) raise the discovery bar at Mato

October 31, 2023 Off By Tom Duggan

Rumble Resources‘ remaining six holes into Mato has further confirmed the prospect as a significant zinc-lead discovery with potential to add significant new tonnage to a maiden MRE which stamped its Earaheedy Project as one of the largest global zinc sulphide discoveries of the decade.

A return of 16m @ 5.09% Zn + Pb earlier this month claimed a discovery hole at Mato and has now been backed up with a suite of results as strong as 29m @ 3.12 % Zn + Pb which all come from a single 800-metre-long drill traverse which remains open in all directions.

It shows the hallmarks of a large mineralised system at Mato, offering a potential economic enhancement to what Rumble see emerging as a world class base metal camp northeast of Wiluna in Western Australia.

The host of style of mineralisation at Mato is a near perfect match of the Chinook-Tonka-Navajoh Zn-Pb deposits which form the Inferred Mineral Resource Estimate of 94Mt @ 3.1% Zn+Pb at Earaheedy, occurring 10 kilometres west of Chinook, a trend where drilling has been limited to three short, mineralised traverses.

With deposits open in all directions and a strike potential now increased to beyond 70 kilometres, Rumble see an exceptional near-term opportunity to build, largely focused on the Navajoh Unconformity Unit host to its current resource.

The aim is to find the large, shallow, flat lying sulphide deposits which would enable large-scale, open-cut mining.

Rumble will also continue work at Mato, with heritage secured for extensional RC drilling to define up-dip and strike extended mineralisation and test the potential for structural repetition of Navajoh to the south.

And Rumble has continued expanding, with a newly acquired 100 per cent interest in tenements west and northwest of Mato opening up further possibilities for discovery from up to 30 kilometres of additional prospective unconformity style lithologies and mineralisation.

Latest results

  • 29m @ 3.12 % Zn + Pb from 174m (EHRC734)
    including 14m @ 5.04% Zn + Pb from 183m
    with high-grade zones of 4m @ 10.16% Zn + Pb from 184m
    and 2m @ 15.58% Zn + Pb from 186m
  • 10m @ 2.11% Zn + Pb from 188m (EHRC735)
    including 3m @ 5.65% Zn + Pb from 190m
  • 9m @ 4.89% Zn + Pb from 180m (EHRC738)
    including 4m @ 7.93% Zn + Pb from 183m
  • 21m @ 2.0% Zn + Pb from 214m (EHRC740)
    Including 5m @ 4.43% Zn + Pb from 220m

 

RTR Earaheedy Map

Earaheedy prospect location map

RTR.AX
RUMBLE FPO [RTR]
ASX
up arrow$0.034
$0.001
3.03%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MO and CI logo redraw Socials Profile reversed

MarketOpen is an online media business connecting companies and investors. Through its flagship MarketOpen.com.au media channel the Australian publisher’s experienced journalists cover breaking news and analysis on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange and other markets. MarketOpen’s video and podcasting channels feature original interviews with Australia’s small-cap corporate leaders, while its Stock Soirée networking events, Watchlist webinars, and online events connect investors and brokers with CEOs and board members. The publisher also offers a suite of agency services to its corporate members, including media, video, podcasting and social media services, along with writing, editing, reviewing and content creation services.

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Amanda Ellis
Editor-in-Chief
amanda@marketopen.com.au
+61 438 003 868

Important links

Follow us