Blackham Resources partner to drill bedrock conductors in Fraser Range
Date
1/28/2015 12:38:27 AM
(MENAFN- ProactiveInvestors)
() partner () is fast tracking approvals for a high impact drilling program at the Zanthus Project in the Fraser Range Western Australia.
Rumble will drill five shallow bedrock conductors across the Zanthus eye feature located just 20 kilometres east of ’ () Nova-Bollinger nickel copper massive sulphide discoveries.
These will target five bedrock conductors in and around the eye feature.
Rumble is earning up to a 75% interest in the basement and precious metal rights in Zanthus from Blackham which has an 80% stake through further exploration expenditure.
It is is fully funded to complete the drill program and has secured a $150000 in co-funding under Western Australia’s Exploration Incentive Scheme.
‘Eye’ shaped magnetic features are indicators commonly associated with mafic intrusive complexes that host nickel-copper-PGR ore bodies and are therefore priority targets when looking for ore bodies that can contain zones of massive sulphides.
The world class Nova discovery was found through drilling a bedrock conductor within an “eye” intrusive.
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