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Rumble Resources Limited ( (AU:RTR) ) has issued an update.
Rumble Resources has reported a strong December 2025 quarter, highlighted by significant progress at its Western Queen gold-tungsten project, where a 20,000m diamond drilling campaign is targeting high-grade down-plunge extensions at the Western Queen South and Central deposits. The program has already delivered multiple high-grade gold intercepts, including an exceptional 5.8m at 30.72g/t gold beneath historical underground stopes, underpinning efforts to grow and upgrade the existing gold Mineral Resource and convert a larger portion of Inferred resources to the Indicated category. The company also advanced its recently announced maiden tungsten Mineral Resource at Western Queen, where mineralisation remains open along strike and at depth, and commenced detailed metallurgical testwork and reconnaissance to refine processing options and identify further tungsten targets. Complementing the exploration success, an underground mining scoping study for Western Queen South outlined attractive economics, including low predevelopment capital, robust projected cash flows and returns, and the potential to extend mine life, reinforcing the project’s role as a near-term production and cash-flow opportunity for the company.
The most recent analyst rating on (AU:RTR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Rumble Resources Limited stock, see the AU:RTR Stock Forecast page.
More about Rumble Resources Limited
Rumble Resources Limited is an Australian mineral exploration and development company focused on gold, tungsten, and base metals projects, primarily in Western Australia. Its key assets include the Western Queen gold-tungsten project and the emerging Earaheedy zinc-lead-silver project, with a strategy to grow resources and transition into production to generate cash flow while advancing a broader exploration portfolio.
Average Trading Volume: 3,025,798
Technical Sentiment Signal: Buy
Current Market Cap: A$76.45M
See more insights into RTR stock on TipRanks’ Stock Analysis page.