Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Rumble Resources Limited ( (AU:RTR) ) has issued an announcement.
Rumble Resources has advanced a diamond drilling campaign of up to 20,000 metres at its Western Queen Gold Project, with 25 holes completed so far and early results confirming intersections of the predicted sheared silica-sulphide zones that host gold and tungsten. While assays are still pending, the company has released a scoping study for an underground operation at Western Queen South that indicates a robust, potentially highly profitable mine, is negotiating a toll milling agreement with the nearby Kirkalocka processing plant, and is conducting tungsten metallurgical testwork to optimise recoveries and support a future co-product revenue stream, underscoring its drive to expand resources and fast-track the project toward production.
More about Rumble Resources Limited
Rumble Resources Limited is an Australian mineral exploration and development company focused on the Western Queen Gold Project in Western Australia. The company is targeting structurally controlled gold and tungsten mineralisation, with activities spanning resource definition drilling, mine development studies and metallurgical testwork, positioning it within the gold and critical minerals space.
Average Trading Volume: 2,950,507
Technical Sentiment Signal: Hold
Current Market Cap: A$48.48M
For a thorough assessment of RTR stock, go to TipRanks’ Stock Analysis page.