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Rumble Resources Drilling Update for Western Queen Gold Project

Mining News - Published on Thu, 07 Nov 2019

Image Source: abnnewswire
Rumble Resources Ltd announced that is has been fast tracking the exploration and development of the Western Queen High-Grade Gold Project focussing on identifying and progressing all opportunities within the project. The Western Queen High-Grade Gold Project lies 110km NW of Mt Magnet within the Yalgoo mineral field of Western Australia. The Project comprises of two contiguous mining leases (M59/45 and M59/208) for a total area of 9.8 km2. The holder is Mt Magnet Gold Pty Ltd, an entity owned by Ramelius Resources. Rumble entered into an option to acquire 100% of the Project in August 2019

The Western Queen High-Grade Gold Project is located within a 100km radius of three operating gold processing mills. The closest mill is the Dalgaranga Mill (48km) which has a capacity of 2.5 Mtpa. The Checkers Mill (Mt Magnet) has a capacity of 1.9 Mtpa and the Tuckabianna Mill has a capacity of 1.2 Mtpa.

Two mined deposits at the Western Queen Gold Project have a combined historic production of 880,000t @ 7.6 g/t Au for 215,000oz. The Western Queen (Central) Mine produced 660,000t @ 8.9 g/t Au for 189,500oz and the Western Queen South Mine (from two stages) produced 220,000t @ 3.6 g/t Au for 25,500oz.

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Posted By : Yogender Pancholi on Thu, 07 Nov 2019
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