Rumble Resources Limited (AU:RTR) has released an update.
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Rumble Resources Ltd has identified a potentially significant high-grade tungsten discovery at its Western Queen site, confirmed by recent assay results from 2021 drill samples. The ongoing drilling program aims to further explore both tungsten and gold mineralization, with plans to establish a maiden tungsten resource estimate in 2025. This development, alongside a new non-binding term sheet with partners, could enhance the company’s revenue streams if open pit operations resume as planned.
For further insights into AU:RTR stock, check out TipRanks’ Stock Analysis page.
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