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out there.” tial for much, much more.”
Perhaps the most important From his personal perspective, Sikora
result for Rumble from the drilling said one of the most exciting things about
completed so far is the potential the discovery at Earaheedy was that it did
for Earaheedy to host a large se- not happen by chance, due to the fact it
dex system typically associated was a product of the company’s meticulous
with some of the world’s biggest portfolio approach.
zinc mines. While it is a popular strategy in the mar-
Sikora said it was exciting to ketplace at the moment, Rumble has no
see the bigger picture potential plans to divest or spin-out the other assets
starting to emerge as the drill bit in its stable. A maiden gold resource for the
does its thing. Western Queen project near Mt Magnet is
“Sedex systems are normally imminent and Sikora believes this presents
formed in these large, dewa- a near-term production opportunity for the
tered basins and it gives that company to generate cash flow for explo-
Rumble is currently undertaking a 30,000m drilling massive host horizon, so when ration elsewhere in the portfolio.
programme at Earaheedy following its major zinc-lead you’re looking for a deposit you Rumble also has three projects under
discovery at the Chinook prospect earlier this year
want somewhere it can actually JV, including two with IGO Ltd in the Fraser
drop out and those horizons are Range, which do not require the company
Since taking over as managing director fantastic for that,” he said. to fork out any cash.
of Rumble in mid-2015, Sikora has endeav- “We’ve got 45km of strike, open in all “Whilst Earaheedy is going to be so
oured to shore up the company’s future as directions, and this round of drilling is de- exciting as we scope and expand on the
a sustainable exploration outfit by hunting signed to continue to scope out the scale of discovery, I feel like there’s a chance in
specifically for Tier 1 projects. To the background of another dis-
that end, he tapped dual AMEC covery and I think that is a really
Prospector of the Year Brett Keil- exciting thing for any company,”
lor (Plutonic and Tropicana) to Sikora said.
lead that search for a company- “We’ve got the funds now to
making project. pursue everything, but the other
Earaheedy is currently one projects we’re going to be explor-
of seven projects in the Rumble ing are not going to be a money
stable, but on the back of the dis- drain or taking focus away from
covery at Chinook it has quickly Earaheedy. They just need small
vaulted to the top of the compa- campaigns to move them along,
ny’s priority list. so we can keep doing what
Two RC rigs were making their we’ve been doing.
way to site at the time of print to “At some point, when they
support the current drilling. The have some real value, we might
latest results included hits of 49m consider [our options], but in the
@ 2.45% zinc-lead from 18m short term we think we can gen-
(including 38m @ 2.78% zinc- erate more value for our share-
lead from 23m and 9m @ 3.67% Earaheedy’s exploration target is 100-120mt @ 3.5-4.5% zinc-lead holders by holding on to them
zinc-lead from 46m) and 52m @ rather than looking at something
1.78% zinc-lead from 126m to the deposit, but also start to see what those like an IPO.”
end-of-hole (including 8m @ 3.43% zinc- potential feeders could look like.
lead from 129m and 5m @ 4.21% from “We’ve done the magnetics, we’ve just – Michael Washbourne
131m). completed the gravity and all of sudden we
Sikora said systematic exploration was could have a target-
the key to unlocking the full potential of the ing technique all the
company’s new flagship project. way through [the
“We were initially targeting high angle deposit], which we
faults, looking for some MVT-type targets, haven’t had before.
which we didn’t find, but what we did find We think the level of
was this flat-lying mineralisation which we mineralisation and
thought was in a sandstone-hosted environ- the grades are going
ment,” he said. to increase signifi-
“At that time it was quite deep in the mid- cantly because we
dle of the system and we thought if this min- know where to drill
eralisation is flat-lying and it goes out to the next.
western daylights, then there’s a chance for “You will see that
some open pittable resources there. No one we’ve put in our ex-
had actually targeted that western margin. ploration target quite
“Prior to this last round of drilling, there early. We believe a
was no geophysical targeting technique we really achievable first
used, so there was no magnetics or gravity, stage is that 100mt,
it was just an area. That drilling we did was but we also believe
just a grid pattern to see what it looked like there is a lot of poten- Rumble recently increased its footprint at Earaheedy

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