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Rumble Resources Inc
Symbol RB
Shares Issued 8,927,000
Close 2024-04-04 C$ 0.30
Market Cap C$ 2,678,100
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Rumble Resources begins Woolford exploration program

2024-04-23 16:55 ET - News Release

Mr. Brian Goss reports

RUMBLE RESOURCES COMMENCES PHASE I EXPLORATION PROGRAM AT WOOLFORD CREEK SILVER-GOLD PROJECT

Rumble Resources Inc. has commenced a phase 1 exploration work program on its Woolford Creek property located in the Adams Plateau region of the Kamloops mining division, British Columbia. The field team will mobilize to the property during the week of April 22, 2024.

Program description

Prospecting, mapping, sampling and geophysical surveys

Based on historical and 2020 exploration work on the property, the following target areas were identified in the company's National Instrument 43-101 technical report on the property and were recommended for a follow-up work:

  1. The area of NIK (East) showing stands out in terms of better assay results and exploration potential. The argillite unit with malachite staining and quartz veining is an interesting target for copper and silver exploration. Samples with higher values of gold (10.4 grams per tonne(g/t)) collected in 2020 work represent a series of quartz veins, and will be followed up with channel sampling and prospecting.
  2. The 2020 VLF (very-low frequency) profiles on all three lines identified target conductors. The profile L01, with three anomalous targets, will be followed up with an extension of the survey by adding more survey lines. The profile L03 has a broad conducting zone within a low magnetic zone which will be followed up through soil geochemistry.
  3. The southern area of the property has not been covered in previous geological mapping and will be covered during the current work program.
  4. The northern claims were not accessible during 2020 fieldwork due to early snow fall in those areas during that year, and, therefore, will undergo a prospecting, mapping and sampling program.

Qualified person

Afzaal Pirzada, PGeo, a qualified person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Rumble Resources Inc.

Rumble is a mineral exploration company based in Vancouver, B.C., and holds options over the Woolford Creek property located in British Columbia, Canada.

About the property

The property consists of eight contiguous mining claims covering approximately 4,414.02 hectares area in Adams Plateau, Kamloops mining division, British Columbia, Canada. The property is in Adams plateau in the north of Squilax, which is a settlement on the northeast shore of Little Shuswap Lake in British Columbia. The Trans-Canada Highway runs just two kilometres east of the village of Squilax and provides access to the nearby town of Chase (12.5 km west) and city of Kamloops (69 km west). Geologically, the property area comprises a Paleozoic sequence of metasedimentary and metavolcanic rocks, Devonian orthogneiss, mid-Cretaceous granitic rocks, early Tertiary quartz feldspar porphyry, basalt and lamprophyre dikes, Eocene sedimentary and volcanic rocks, and Miocene Plateau lavas.

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