RTR 5.26% 4.0¢ rumble resources limited

Are we riding the CHN chairlift? - Technical, page-36

  1. 4,633 Posts.
    lightbulb Created with Sketch. 198
    Yes., Very possible.!!
    Recap. 1,2,3.

    "" The company also reported that 18,776 metres of phase 3 resource drilling have been completed at its Western Queen Gold Project in Mt Magnet. Assays for the maiden gold resources are pending.

    Meanwhile, an airborne electromagnetic (EM) survey is planned at the company’s Warroo Cu-Zn-Pb-Ag-Au-U-Pt Project in East Pilbara in the June quarter. Rumble is targeting large scale Cu-Zn-Pb-Ag volcanogenic massive sulfide (VMS) ore deposits. It stated the area has the potential to become a new VMC province.

    Also in the pipeline for the June quarter are exploration programs at Rumble’s Fraser Range Ni-Cu-Au JV Project. Drilling at the Thunderstorm Au-Cu Project will be targeting ‘tier 1’ gold deposits. Drilling at the Thunderdome Ni-Cu Project will target large scale nickel-copper deposits.

    The company ended the quarter with $3.3 million of cash and $266,000 in listed investments.During the quarter, on 28 April, Rumble Resources also raised $40 million at 50 cents per share, supported by new institutional and sophisticated investors. That’s 11 cents per share less than the current Rumble Resources share price.""
    GLTA
 
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