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The latest announcement is out from Rumble Resources Limited ( (AU:RTR) ).
Rumble Resources Limited announced significant results from Phase 1 drilling at the Western Queen project, highlighting the discovery of new high-grade gold and tungsten lodes. The Phase 1 drilling program identified promising gold intersections at the Princess site, revealing two new high-grade lodes beneath existing resources. This discovery, alongside the continued development of tungsten assays, is expected to enhance the company’s resources. As Phase 2 drilling commences, the company aims to extend these findings and is progressing with joint venture negotiations and mining agreements, anticipating potential mining operations in the latter half of 2025.
More about Rumble Resources Limited
Rumble Resources Limited is a company engaged in the mining industry, primarily focusing on the exploration and development of gold and tungsten resources. The company is listed on the Australian Securities Exchange under the ticker ASX: RTR and is involved in projects that aim to expand their gold resources and establish a maiden tungsten mineral resource estimate.
YTD Price Performance: 7.50%
Average Trading Volume: 1,019,060
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$40.37M
For an in-depth examination of RTR stock, go to TipRanks’ Stock Analysis page.
