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Rumble Resources Limited ( (AU:RTR) ) just unveiled an update.
Rumble Resources Limited has announced progress in its Western Queen Gold Project, with diamond drilling well underway and 929 meters completed. The company has identified superior economics in an underground mining project over an open pit option and is advancing this as the preferred scenario. Additionally, a non-binding MoU has been signed with Gylden Resources for potential ore processing, indicating strategic partnerships to enhance project feasibility. The drill program aims to expand gold and tungsten resources, with a focus on high-grade extensions and resource upgrades, which could significantly impact the company’s resource base and future operations.
More about Rumble Resources Limited
Rumble Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold and tungsten, with a market focus on expanding its mineral resource estimates and advancing mining projects.
Average Trading Volume: 3,247,891
Technical Sentiment Signal: Buy
Current Market Cap: A$54.13M
For an in-depth examination of RTR stock, go to TipRanks’ Overview page.