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Rumble Resources Limited ( (AU:RTR) ) has provided an update.
Rumble Resources Limited has announced the discovery of high-grade tungsten in historical core samples from the Western Queen project. The early results from the re-assaying of these samples have shown promising tungsten and gold intercepts, which the company plans to incorporate into a JORC compliant Mineral Resource Estimate in 2025. This discovery is expected to enhance the company’s operations and industry positioning, as they continue to explore tungsten mineralization at Western Queen South, a primary target area. The company is also conducting preliminary metallurgical testwork to determine the optimal processing route for the tungsten material.
More about Rumble Resources Limited
Rumble Resources Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is engaged in the extraction of tungsten and gold, with a significant market focus on the Western Queen project in Western Australia.
YTD Price Performance: -15.00%
Average Trading Volume: 863,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$31.92M
Find detailed analytics on RTR stock on TipRanks’ Stock Analysis page.