Rumble Resources non-executive director shows faith in gold-base metals strategy with on-market purchase

Rumble Resources Ltd (ASX:RTR) non-executive director Matthew Banks has demonstrated his faith in the company’s gold and base metals strategy with the purchase of shares in an on-market transaction. Banks purchased 500,000 shares on March 18 worth a total of $52,500 in an indirect interest, increasing the number of securities held in that interest to 3 million. This follows the purchase Banks made on March 1 of 250,000 shares with a value of $25,000 an indirect interest. He also holds 3.25 million shares in a direct interest along with a further 7.5 million and 6 million in two other indirect interests. Primary copper sulphide results The company recently welcomed strong assay results from a maiden drilling program completed by joint venture partner AIC Mines Ltd (ASX:A1M) (OTCMKTS:IAUFF) at Lamil Gold-Copper Project in WA’s Paterson Province. Results have confirmed primary copper sulphide mineralisation with low-level gold and multi-element pathfinder anomalism. According to Rumble, these results are highly encouraging, particularly given the wide spacing of the drilling program. Multiple narrow intervals of primary copper sulphide mineralisation with low-level gold and multi-element pathfinder anomalism were intersected in the final two diamond drill holes of the program spaced 800 metres apart along the eastern flank of the Lamil Main Dome.