The Conversation (0)
Rumble Resources Limited (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that a diamond and RC drilling program has commenced to test the continuity of the multiple high-grade zones beneath the Western Queen South and along strike of the Western Queen Central deposits. Previous drilling (by prior owners and by Rumble) has demonstrated high-grade gold occurs as moderately south plunging lode system with scope to extend to significant depths which may be amenable to underground mining.
- An RC and diamond drilling program has commenced to test a number of high grade gold targets, and will follow up historical high grade intersections at the Western Queen South and Duke Prospects, including:
- Western Queen South1:
- 5m @ 38.76 g/t Au from 193m
- 17m @ 5.70 g/t Au from 221m
- 4m at 49.73 g/t Au from 134m
- Duke Prospect2:
- 8m @ 26.27g/t Au from 14m
- 6m @ 25.87g/t Au from 48m,
- 7m @ 60.60 g/t Au from 70m
- 8m @ 7.22 g/t Au from 49m.
- Western Queen South1:
- The historical mine project area (2.7km strike length) is on granted mining leases and is located within 100km radius of three gold processing plants
- The Western Queen deposits are associated with a major orogenic shear zone similar to Spartan Resources’ Never Never Lode (5.16Mt @ 5.74 g/t Au for 952,900oz3) adjacent to the Gibley’s open cut (40 km south of Western Queen).
- The Western Queen has historical production of 880,000t @ 7.6g/t Au for 215,000 oz4, that remains completely open down plunge and along strike
- The Western Queen mineral resource currently stands at 2.1Mt @2.42 g/t Au for 163,200oz
- Rumble’s licences cover the north-south trending Warda Warra greenstone belt which is 35km long and 3km wide. The greenstone belt hosts the mineralised Western Queen Shear Zone which remains largely underexplored.
Peter Harold, Rumble Managing Director and CEO commented: “As we continue with the metallurgical testwork on our Earaheedy zinc, lead, silver project we are delighted to be drilling the Western Queen Gold Project. The historical gold intersections at Western Queen are some of the highest grade gold intersections found in Western Australia today, and they warrant follow up. The system at Western Queen has already produced high-grade gold with historical gold production of 190,000 ounces from ore with an average grade of 8,9 grams per tonne. from the Western Queen Central Pit. This past production shows that the system is capable of hosting further significant high- grade orebodies.”
Western Queen Gold Project
Down-Plunge High-Grade Potential
With the significant increase in the price of gold, coupled with the latest drilling success by Spartan Resources on their Never Never Gold Deposit (Dalgaranga Gold Project – 40km south of Western Queen), Rumble has commenced an initial 1,500m diamond and RC drilling campaign to test the down-plunge, high-grade extension of the Western Queen South gold lodes and a potentially new lode north of the high-grade lodes already delineated at the Duke prospect north of the Western Queen Central deposit. Previous exploration and resource definition drilling by Rumble had focused on economic gold mineralisation amenable to open pit mining with limited drilling testing the continuity of the potential high-grade underground mineralisation.
Gold mineralisation at the Western Queen Gold Project has already been defined over approximately 2.7km and is associated with a large-scale structural flexure (dilational jog) within the regionally extensive auriferous Western Queen Shear Zone (WQSZ).
The Western Queen mineral resource currently stands at 2.1Mt @ 2.42 g/t Au for 163,200oz5.
Combined historic open pit and underground production from the Western Queen Central and Western Queen South deposits was 880,000t @ 7.6g/t Au for 215,000 oz gold.
Click here for the full ASX Release
This article includes content from Rumble Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
RTR:AU
Development Contract for Underground Exploration Drill Drive Awarded to Barminco
Highlights:
- Development contract for the underground exploration drill drive at the Dalgaranga Gold Project awarded to Barminco Limited.
- The contract, which is valued at ~$18.3 million, provides for 2,350m of development to deliver twin decline access for the establishment of underground drilling platforms to in- fill and extend mineralisation within the Never Never, Pepper, Four Pillars and West Winds areas.
- The drill drive has also been designed to support future mine production activities.
- All regulatory mining approvals are now in place and all major support services have been engaged to facilitate the commencement of construction in the current quarter.
- Surface exploration drilling at Dalgaranga will shortly re-commence, with rigs arriving on site later this month.
Figure 1: Long Section of the Never Never Gold Deposit and the Pepper, Four Pillars and West Winds Gold Prospects looking east. Proposed exploration drill drive design in black.
The contract, which is valued at ~$18.3 million including an allowance for fuel and contingencies, provides for 2,350m of development to deliver twin decline access for the establishment of underground drilling platforms to in-fill and extend mineralisation across the Never Never, Pepper, Four Pillars and West Winds deposits.
All of these steeply-plunging, high-grade gold zones are located along a single 800m-long, semi- continuously mineralised north-south stratigraphic horizon (see Figure 1). The exploration drill drive has been designed to run parallel and adjacent to this horizon to provide underground drill platforms to more effectively define these existing deposits and prospects, as well as explore for further high-grade shoots and provide critical underground infrastructure as Spartan develops its future mine plan.
Construction of the drill drive is on-track to commence in the September Quarter, with all regulatory mining approvals and support services in place. In addition, the Company has established an experienced on- site project team to manage and oversee the development and construction process. Establishment of the drill drive, and an initial underground drilling programme, is fully funded from the Company’s existing cash reserves.
Management Comment
Spartan Managing Director and Chief Executive Officer, Simon Lawson, said: “We are delighted to have Barminco on board to complete the construction of this new drill drive, which represents a very exciting initiative that will enable us to drill from platforms located right alongside our high-grade deposits and targets. This will provide for cheaper, more accurate and quicker drilling to continue to accelerate our Resource growth and conversion to Ore Reserves.
“All of the high-grade deposits and prospects discovered at Dalgaranga over the past two years remain open at depth – with mineralisation at the Never Never deposit now defined to beyond 1km below surface – and we’re very excited to get the underground rigs in place to help determine just how deep this high- grade mineralisation extends.
“Importantly, the drill drive is being constructed using the same dimensions as a standard underground mine development, ensuring it can be incorporated into our infrastructure planning for the future re- commencement of mining operations.
“Construction of the drill drive is set to kick-off later this Quarter and is expected to take approximately 10 months to complete. In addition, we will also shortly re-commence surface drilling programs, targeting the Pepper, Four Pillars, West Winds and other near-surface anomalies, ensuring plenty of exciting news- flow for shareholders in the months ahead.”
Click here for the full ASX Release
This article includes content from Spartan Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
