(MENAFN- ABN Newswire)
Half Yearly Report Perth, Mar 19, 2018 AEST (ABN Newswire) - Rumble Resources Ltd ( <>
The Company is in an exceptionally strong cash position being fully funded with $5.2mil in bank to compete the exploration plans with all projects acquired low cost exploration to test for discovery.
The Company continued to review its project portfolio during the period, and relinquished non-core assets that were assessed to not present an opportunity to achieve shareholder value. The Company continued to maintain its existing projects in good standing and review opportunities to advance these projects.
SUBSEQUENT EVENTS
On 16 January 2018 and 22 February 2018 drilling results from the maiden drill program at the Braeside Project were disclosed to the market.
On 5 February 2018 the Company provided an update on its JV with Independence Group NL at the Company's Fraser Range Projects.
On 27 February 2018 the Company announced to the ASX an Option agreement had been executed to acquire the Munarra Gully Copper Gold Project.
On 6 March 2018 the Company announced to the ASX an Option agreement had been executed to acquire the Nemesis Gold Project.
With the exception of the above, no events occurred of a material nature that require further disclosure.
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http://abnnewswire.net/lnk/R4GWAF30
About Rumble Resources Ltd
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