Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RUMBLE RESOURCES LIMITED Capital/Financing Update 2013

Jul 1, 2013

65736_rns_2013-07-01_9b03141b-5445-4bf8-865e-5f7ff9d11509.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

2[nd] July 2013

Rumble Awarded $150,000 WA Government Exploration Incentive Scheme Funding

  • $150,000 in funding secured from the WA Government’s Exploration Incentive Scheme (EIS)

  • Funding will provide assistance in drill testing the Kaos Prospect which is a large 2.2km long airborne EM target

  • The Kaos Prospect is located in the Paterson Province of WA, a region which is host to world class deposits including the Telfer Gold Mine, Nifty Copper Mine and Kintyre Uranium Deposit

  • The Kaos prospect is considered prospective for Cu-Zn-Pb-Ag base metal mineralisation

Rumble Resources Ltd (“Rumble”, ASX: RTR) is pleased to announce the Company’s application for the WA State Government’s Exploration Incentive Scheme (EIS) has been successful. Rumble has been awarded up to $150,000 in co-funding to drill test the 2.2km long airborne EM conductor at the Kaos Prospect (Figure 1).

The EIS scheme is an initiative by the WA Government to encourage innovative drilling by companies in Greenfields regions of Western Australia. Rumble considers the grant of EIS funding, which is subject to a competitive process, to be indicative of the quality of the Kaos Prospect.

The Kaos Prospect is part of Rumble’s Beadell Project which covers 766km[2] of the Proterozoic-aged Rudall Complex located 450km east of Newman. The region is host to world class deposits including the Telfer Gold Mine, Nifty Copper Mine and the Kintyre Uranium Deposit. Rumble considers the Beadell Project area to be prospective for sediment hosted base metal Cu-Zn-Pb-Ag and intrusion-related Cu-Au mineral deposits.

==> picture [354 x 122] intentionally omitted <==

==> picture [354 x 122] intentionally omitted <==

Figure 1: The Kaos Prospect is a 2.2km long by up to 250m wide Airborne EM conductor.

==> picture [153 x 265] intentionally omitted <==

----- Start of picture text ----- Rumble Resources LtdSuite 5, 26 Railway RoadSUBIACO WA 6008T +61 8 6555 3980F +61 8 6555 3981rumbleresources.com.au----- End of picture text -----

==> picture [153 x 265] intentionally omitted <==

----- Start of picture text ----- ASX RTRBoard of DirectorsMr Andrew McBainManaging DirectorMr Terry ToppingExecutive DirectorMr Michael SmithNon-executive DirectorMr Matthew BanksNon-executive DirectorMr David PalumboCompany Secretary----- End of picture text -----

==> picture [153 x 264] intentionally omitted <==

==> picture [258 x 41] intentionally omitted <==

- ENDS -

==> picture [90 x 76] intentionally omitted <==

For further information visit www.rumbleresources.com.au or email [email protected]

About Rumble Resources Ltd

Rumble Resources Ltd is an Australian based exploration company, officially admitted to the ASX on the 1st July 2011. Rumble was established with the aim of adding significant value to its current gold and base metal assets and will continue to look at mineral acquisition opportunities both in Australia and abroad.

About the Beadell Project

The Beadell Project (Rumble 80%) is located 450km East of Newman and covers a combined area of 766km2 across 1 granted exploration licence and 5 exploration licence applications. The project area covers part of the Proterozoic-aged Paterson Province which is host to significant mineral deposits and operating mines including the Telfer Gold Mine, Nifty Copper Mine and Kintyre Uranium deposit.

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Terry Topping, who is a Member of the Australasian Institute of Mining & Metallurgy and the Australian Institute of Geoscientists. Mr Topping is a fulltime employee of Rumble Resources Limited and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Topping consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.