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An announcement from Rumble Resources Limited ( (AU:RTR) ) is now available.
Rumble Resources Limited announced an update on its Western Queen Gold Project, with diamond drilling set to commence this week to expand the Mineral Resource Estimate. The company is also progressing a scoping study for potential underground mine development and exploring a tungsten revenue stream alongside gold production, targeting late 2026. These developments indicate a strategic push towards enhancing resource value and production capabilities, potentially benefiting stakeholders through increased resource estimates and diversified revenue streams.
More about Rumble Resources Limited
Rumble Resources Limited is an exploration and development company focused on mineral resources, primarily gold and tungsten. The company operates in the mining industry with a market focus on expanding its resource base and moving projects towards production.
Average Trading Volume: 2,589,175
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$44.54M
See more data about RTR stock on TipRanks’ Stock Analysis page.