Rumble Resources Ltd on the Fast Track to Gold Production & Exploration Success! Corporate Update with Managing Director, Peter Harold
Rumble Resources Ltd (ASX: RTR) is making strong progress at the Western Queen Gold Project, with an ongoing exploration program targeting a 300koz gold resource . The company is focused on fast-tracking production, aiming to pour first gold before the end of the year ⏳.
Near-Term Production & Cashflow
Rumble is advancing a two-year production plan targeting 85,000 ounces of gold . Permitting is well underway, and the company is working on an offtake agreement with one of two nearby operating plants —a move that could generate near-term cashflow to fund future growth .
Exploration Upside - The Hunt for a Major Discovery
Beyond near-term production, Rumble has launched a second-phase exploration program ️. The bigger prize? Discovering a higher-grade, large-scale deposit, akin to a “Never Never” style discovery .
⚡ Earaheedy Zinc-Lead-Silver Project - Moving Towards Feasibility
Rumble has successfully completed metallurgical test work ✅, confirming the ability to produce a saleable bulk concentrate . Next steps include:
Internal scoping study – on track for completion in H2 2025
Discussions with potential partners to fund a full bankable feasibility study
Key Takeaways:
✅ Near-term cashflow could position Rumble as a self-funding explorer
✅ Exploration success could deliver significant upside
✅ Earaheedy is advancing towards a potential game-changing feasibility study ️
Plenty to look forward to from Rumble Resources—stay tuned for updates!
Watch the latest update here:
RUMBLE RESOURCES MD PETER HAROLD UPDATE
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Mkt cap ! $29.47M |
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Price($) | Vol. | No. |
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