# RTR: Western Queen Project Development Update Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rtr-western-queen-project-development-update--0f0f5e09-05ae-4813-af62-1cb44fe34b3c Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148705 Publisher: asx Original announcement: 2026-10-05T21:54:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-05T22:12:58.082Z Atlas analysis updated: 2026-10-05T22:12:58.082Z - Company: Rumble Resources Limited - Ticker: RTR - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: Tungsten - Document categories: Other, Resource update, Permitting - Extracted: 2026-10-05 22:12:58 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Rumble Resources provides a development update for the Western Queen Project, noting progress in pit dewatering and permitting. The company is currently updating its Scoping Study, with a release expected in October, and remains on track to complete a Feasibility Study in the December quarter 2026. Reasoning: The document is a project development update providing progress on permitting, studies, and operational readiness rather than new technical results. - Positive factor: Progress on pit dewatering and groundwater extraction licence - Positive factor: Ongoing engagement with underground mining contractors - Positive factor: Toll milling agreement in place for processing - Positive factor: Feasibility study on track for Q4 2026 - Negative factor: Updated Scoping Study release is slightly delayed - Negative factor: Mine Development and Closure Proposal remains outstanding Facts used in scoring: 3 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document references the June 2026 Mineral Resource Estimate as part of the project development context. Evidence · text > Updated Resource estimate of 5.13Mt @ 2.6g/t Au for 433,600oz contained gold released in June 2026. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/rtr-western-queen-project-development-update--0f0f5e09-05ae-4813-af62-1cb44fe34b3c#fact-resource-facts-0) Western Queen · gold Historical result Needs review: historical\_restatement #### Identity - Project: Western Queen - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: RTR #### Resource scope - Estimate type: resource - Resource group id: resource:97230514444e1d208944 #### Resource Data - Category: indicated - Tonnes: 2460000 - Grade: 2.9 - Grade Unit: g/t - Contained Metal: 227700 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-06-24T00:00:00.000Z #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Restatement of Indicated resource from June 2026 release. Evidence · text > Indicated Resources of 2.46Mt @ 2.9g/t Au for 227,700oz of contained gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rtr-western-queen-project-development-update--0f0f5e09-05ae-4813-af62-1cb44fe34b3c#fact-resource-facts-1) Western Queen · gold Historical result Needs review: historical\_restatement #### Identity - Project: Western Queen - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: RTR #### Resource scope - Estimate type: resource - Resource group id: resource:b96fc1f5d49e89cfc86c #### Resource Data - Category: inferred - Tonnes: 5130000 - Grade: 2.6 - Grade Unit: g/t - Contained Metal: 433600 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-06-24T00:00:00.000Z #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Restatement of total resource from June 2026 release. Evidence · text > The June 2026 Mineral Resource Estimate at Western Queen is 5.13Mt @ 2.6g/t Au for a total of 433,600oz of contained gold #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/rtr-western-queen-project-development-update--0f0f5e09-05ae-4813-af62-1cb44fe34b3c#fact-resource-facts-2) Western Queen · tungsten Historical result Needs review: historical\_restatement #### Identity - Project: Western Queen - Commodity: tungsten - Region: australia\_wa - Reported Region: Western Australia - Ticker: RTR #### Resource scope - Estimate type: resource - Resource group id: resource:6b78bb5e3a4ee3e9663e #### Resource Data - Category: inferred - Tonnes: 4310000 - Grade: 0.31 - Grade Unit: % WO3 - Contained Metal: 13.2 - Contained Unit: kt #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-08-11T00:00:00.000Z #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Restatement of maiden tungsten resource from August 2025. Evidence · text > Rumble announced a maiden tungsten Mineral Resource Estimate of 4.31Mt @ 0.31% WO3 for 13.2kt WO3 in August 2025. #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.