Rumble Resources Launches Major Drilling Program at Western Queen Gold-Tungsten Project
Rumble Resources (ASX: RTR) has kicked off a significant diamond drilling program at its Western Queen Gold-Tungsten Project. The program, expected to be completed by February 2026, aims to expand the current gold Mineral Resource Estimate (MRE) and provide further insights into the project's tungsten resources.
The drilling program, set to conclude by late November 2023, will target high-grade extensions to existing gold and tungsten deposits. It aims to drill up to 20,000 meters, with five key objectives including discovering more gold and tungsten resources, and conducting geotechnical and metallurgical assessments.
The Western Queen Project boasts a substantial gold resource, with a grade significantly above the industry average for Australian gold deposits. It currently stands at 370,000 ounces at 3.1g/t Au. Additionally, the project has a significant tungsten resource, with 13,200 tonnes of WO3 at a grade of 0.31%, including high-grade zones of 0.51% WO3. Tungsten, a critical mineral, has high demand in various industrial applications, including military, mining, manufacturing, and energy sectors.
Rumble Resources offers investors exposure to a rapidly advancing gold-tungsten project with high-grade resources and strategic tungsten upside. The company also aims to upgrade portions of the existing Inferred Resources to the Indicated category. A revised MRE is anticipated shortly after the drilling program's completion in early 2026.
Rumble Resources' diamond drilling program at the Western Queen Gold-Tungsten Project is well underway, targeting high-grade gold and tungsten resources. With a substantial gold resource and significant tungsten potential, the project offers investors exposure to a rapidly advancing project with near-term catalysts. The completion of the drilling program and the anticipated revised MRE in early 2026 are key milestones to watch.
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