Rumble Resources Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Peter John Harold
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 16 Ord Street West Perth WA Australia 6005
- IPO Date
- Oct 28, 2021
- Website
- rumbleresources.com.au
- Similar Companies
- Business
- Rumble Resources Limited is an Australian mineral exploration and development company primarily engaged in acquiring and advancing a portfolio of prospective exploration and near-term development projects focused on gold, base metals, and critical minerals. Its main products and services include exploration and development of gold, zinc, lead, copper, tungsten, silver, and nickel deposits across various projects such as the Western Queen Gold and Tungsten Project; the flagship Earaheedy Zinc-Lead-Silver Project; the Thunderstorm Gold Project in the Fraser Range; and several other mineral exploration licenses in Western Australia. The company also holds interests in significant deposits with JORC resources, including a recently upgraded 370,000-ounce gold resource at Western Queen, a maiden tungsten resource of 13,200 tonnes WO3, and a zinc-lead-silver inferred resource of 94 million tonnes at Earaheedy. Rumble Resources operates mainly in Western Australia, focusing on projects with access to existing infrastructure to enable low-capex development and fast-tracking production. The company was founded in 2010 and is headquartered in Perth, Western Australia. Rumble owns 100% or strong controlling interests in multiple tenements, including granted mining leases and exploration licenses. Recent major changes include a strategic pivot in the development approach at its Western Queen Project, shifting from an open-pit to an underground mining model to improve economics, reduce capital requirements, and accelerate production targeting 2026. Rumble has launched an extensive 20,000-meter diamond drilling program at Western Queen aimed at resource expansion, upgrade, and tungsten growth. The company has signed a non-binding Memorandum of Understanding with Gylden Resources to access the Kirkalocka processing facility nearby, enabling toll processing and reducing upfront infrastructure needs. Additionally, Rumble is considering partnerships for its Earaheedy Zinc-Lead project to advance development. These steps highlight a strategic focus on dual-commodity exposure with gold and tungsten and a fast track toward production and cash flow generation. Rumble Resources is managed by an experienced team with deep expertise in exploration and development and supports disciplined capital and project management methodologies. Its business segments include mineral exploration and development targeting diverse customer types in the mining sector, ranging from metal producers to strategic investors interested in critical metals. Overall, Rumble Resources Limited is a company focused on advancing its multi-commodity resource portfolio in Western Australia, with recent developments emphasizing resource growth, strategic processing partnerships, and operational pivots that enhance project economics and accelerate timelines toward production commencement in 2026.
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