Shares of the Australian base and precious metals explorer, Rumble Resources (ASX:RTR), experienced a surge as high as 7.14% to A$0.1125 today, reflecting its greatest intraday percent gain since September 20th.
The company announced it has discovered high-grade zinc-lead mineralisation at the Mato prospect of the Earaheedy project in Western Australia.
Rumble Resources is awaiting heritage clearance to drill holes up to the surface and strike potential, where multiple drilling issues have been identified.
Furthermore, Rumble has planned a ground gravity survey in October to focus on new high-grade mineralisation.
Despite today’s gains, the company’s shares are down by 52.3% YTD, as of the most recent closing.
Rumble Resources is an Australian company involved in the exploration of base and precious metals.