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Rumble Resources secures option to buy Munarra Gully copper-gold project


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Rumble Resources secures option to buy Munarra Gully copper-gold project

Rumble Resources Ltd. secured an option to acquire the Munarra Gully copper-gold project in Western Australia, it said Feb. 27.

The company signed binding agreements to acquire the 97.5-square-kilometer E51/1677 tenement and the 111-hectare M51/122 tenement, which form Munarra Gully.

Rumble considers the Munarra Gully project to have high potential for economic copper mineralization with associated nickel and gold.

Meanwhile, Rumble said that about 250 meters of prospective ultramafic intrusion strike with strong copper and gold was confirmed at the White Rose prospect, with open mineralization to the west and at depth. The company plans to complete ground transient electromagnetic traverses over the White Rose copper-bearing ultramafic to help delineate conductors for deeper reverse circulation drilling in April.

The company will also look to undertake surface geochemistry in March over blowout targets within E51/1677.