Rumble Resources (ASX:RTR) said it intersected high-grade gold and tungsten mineralization in diamond drilling at the Western Queen project in Western Australia, according to a Wednesday Australian bourse filing.
Significant intercepts included 6.93 meters at 4.1 grams per tonne grade of gold from 362 meters, as well as 24.6 meters at 0.62% grade of tungsten trioxide from 292.5 meters.
It also completed historical diamond core sampling for tungsten, and assays are expected during June. It plans to complete the open pit and underground mining studies for the development of the project.
Its shares rose 4% in recent trading on Wednesday.