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Rumble Resources Limited (ASX:RTR)

ALERT: Price-sensitive ASX Announcement for RTR
Current share price for RTR : $0.044 -0.009 (-16.98%)+
Announcement
Release
19 May 2026 8:55AM
Price at Release
$0.053
Full Release
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Summary
Rumble Resources Limited announced the signing of a Toll Milling and Blending Agreement for processing ore from their Western Queen Gold and Tungsten Project with Gylden Resources Pty Ltd and Kirkalocka Gold SPV Pty Ltd. The agreement, set to last nearly five years, allows for the processing of up to 300,000 tonnes of ore annually at Gylden's Kirkalocka plant. Rumble retains 100% of the gold recovered and has competitive milling fees with provisions for annual renegotiations. There are conditions related to resource decisions and existing agreements with Ramelius Resources. The project promises accelerated revenue and reduced capital expenditure by leveraging existing processing facilities.
Key Points
  • Toll Milling Agreement executed with Gylden and Kirkalocka Gold
  • Processing duration of 4 years and 11 months
  • 300,000 tonnes of ore per annum forecasted for processing
  • Rumble retains 100% of recovered gold
  • Competitive milling fees with annual renegotiation
  • Potential for early cash flow and reduced capital expenditure
  • Plans for tungsten processing facility negotiations
  • Resource conditions and pre-emptive rights considerations with Ramelius Resources
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.