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Rumble Resources Limited (ASX:RTR)
ALERT: Price-sensitive ASX Announcement for RTR
Current share price for RTR : $0.046 0.004 (9.52%)+
Announcement
Release
24 Jun 2026 8:54AM
Price at Release
$0.042
Full Release
Summary
Rumble Resources Limited has announced a significant upgrade to the Western Queen Gold Resources, now totaling 433,600 ounces with a 54% increase in Indicated Resources. The new estimate includes a high-grade zone with 52,500 ounces at 11.3 grams per tonne of gold. This upgrade follows extensive drilling and will be integrated into a revised mining schedule for the Bankable Feasibility Study. The mining operation is on track to commence in 2027, with focus now on securing necessary permits for pit dewatering.
Key Points
- Western Queen Gold Mineral Resources upgraded to 433,600 oz
- Indicated Resources increased by 54% to 227,700 oz
- New high-grade zone of 52,500 oz identified
- Upgrade based on 17,255m of diamond drilling
- Updated mining schedule to be incorporated into Bankable Feasibility Study
- Mine development remains on track for 2027 production commencement
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.
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