Rumble defines new high-grade gold lodes and more tungsten at Western Queen

Rumble’s latest drilling has turned up ‘significant’ tungsten and high-grade gold
Phase 1 RC drilling took place at the company’s Western Queen project in WA
The company is targeting an increased gold inventory and a tungsten MRE by year’s end

Special Report: Rumble Resources’ drilling at Western Queen has returned more significant high-grade gold and tungsten assays, highlighting a newly defined high-grade gold lode at the Princess site.

The results also add to the database for a future maiden tungsten Mineral Resource Estimate by the end of this year.

The Phase 1 drilling testing multiple shallow positions at the Princess zone returned intersections of 5m at 3.76 grams per tonne of gold from 162m; 33m at 1.03 g/t gold from 214m including 3m at 4.87 g/t gold from 225m; and 20m at 1.72 g/t gold from 240m.

Significant new tungsten assay intersections include 14m at 0.26% tungsten trioxide (WO3) and 0.28g/t gold from 116m, including 4m at 0.65% WO3 and 0.11g/t gold from 116m; and 7m at 0.30% WO3 from 86m including 3m at 0.49% WO3 from 86m.

Rumble (ASX:RTR)’s Phase 1 program included 16 reverse circulation and two diamond holes for a total of 3,277m at Princess, which lies beneath a pegmatite intrusion.

RTR believes the newly identified high-grade Princess lodes had been overlooked. The previous shallow drilling underneath the Princess workings intersected barren pegmatite and the company thinks there is good potential to extend high-grade mineralisation at depth.

Phase 2 drilling has already started at Western Queen and will also focus on extending the high-grade Western Queen South lode and at Duke, where Rumble believes historic drilling is spatially inaccurate and the high-grade lode is open at depth.

The project near Mt Magnet currently has a resource of 4.42Mt at 2.02 grams per tonne for 286,600oz gold and lies within a 100km radius of three gold-processing facilities.

Potential beneath open pit resources

Three diamond holes planned as part of Phase 2 will test the up-plunge and down-plunge extension of the high-grade lode at Princess.

If drilling is successful in extending the high-grade lode at depth, parallel to the Western Queen Central high-grade lode, there would be a strong case for future underground mining along the Western Queen Central and Princess lodes in addition to the open pit resources.

Peter Harold, managing director and CEO said: “Following the well supported placement in October 2024 we kicked off the drilling at Western Queen in November and drilled up until just before Christmas.

“The program was designed to grow our gold resources and look for more tungsten mineralisation.

“Phase 1 of this program did not disappoint with potentially two new high-grade lodes discovered at Princess and more high-grade tungsten intersected.

“Topdrill are back at Western Queen now undertaking Phase 2 of the drill program, focusing on depth extensions to the high-grade Western Queen South lodes and the newly defined mineralisation at Princess.

“Given the previous high-grade production, the existing resources of close to 300,000ozs, and the limited drilling below most of the known deposits, there is a strong possibility this drill program could result in an increase in the gold inventory.

“The tungsten story is also shaping up well with a maiden resource potentially available before the end of the year.”

“In parallel with the drilling, we are progressing with the joint venture and mining agreement negotiations with Bain Global and MEGA, and have commenced discussions with potential toll treating/ore purchasing parties.

“MEGA are managing the mining approvals process on our behalf and we are on track to be mining ore in the second half of 2025, subject to receiving all the necessary approvals and negotiating an ore tolling/ore purchase agreement.”