Australia's Rumble Resources jumps on increased gold resources estimate

Rumble Resources

15/10/2024 05:43

** Shares of Rumble Resources  RTR.AX  rise as much as 15.7%
to A$0.059, their highest level since early May
    ** Diversified miner announces 76% rise in contained ounces
of gold at its Western Queen Gold Project in Western Australia
    ** Says indicated resources have increased by 142%,
representing 56% of total mineral resource estimate
    ** Nearly 2.7 mln shares change hands, 3.1x the 30-day avg 
    ** Stock down 31% YTD, including current session's gains

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))