(MENAFN- ProactiveInvestors)
() partner () has completed a ground electromagnetic survey at the Zanthus Project in the Fraser Range Western Australia.
This has defined a large bedrock conductor which extends into the Zanthus eye feature which contains five bedrock conductors that will be drilled in May 2015.
The program will consist of an initial five reverse circulation holes totalling 1200 metres.
Additional drilling may be carried out if the initial holes are successful.
The bedrock conductors which may represent magmatic massive nickel sulphides are located in and around an “eye” intrusive feature interpreted as an elliptical magnetic rimmed intrusive body some 2 kilometres in length and up to 1 kilometre wide similar in size to the Nova “eye” feature.
A major tenement wide gravity survey is planned with high powered ground EM survey scheduled to explore significant structural corridor to identify further bedrock conductors.
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.
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