Key Highlights
- New Murchison Gold (ASX:NMG) finished the 6 November 2026 session at $0.057, down 10.94%.
- Riedel Resources (ASX:RIE) finished at $0.016, down 11.11%, and Rumble Resources (ASX:RTR) at $0.022, down 12.00%.
- Each company announced drilling or project progress in October or November 2026.
During the Trading session on 6 November 2026, New Murchison Gold Limited (ASX:NMG) finished at $0.057, down 10.94%, Riedel Resources Limited (ASX:RIE) finished at $0.016, down 11.11%, and Rumble Resources Limited (ASX:RTR) finished at $0.022, down 12.00%. The S&P/ASX 200 fell 0.49% to 9,020.80 over the same session. Each company is a Western Australian gold explorer or developer.
New Murchison Gold Limited (ASX:NMG)
On 29 October 2026, New Murchison Gold reported hole CPRC030 at Crown Prince, with 14 metres at 231.67 g/t gold from 80 metres, and visible gold in the high-grade chips.
Riedel Resources Limited (ASX:RIE)
On 4 November 2026, Riedel announced the start of reconnaissance drilling at its 580 square kilometre Cosmo Gold Project, the first drilling there in more than 30 years, with a program of more than 7,000 metres.
Rumble Resources Limited (ASX:RTR)
Rumble's Quarterly Report dated 30 October 2026 said it appointed a General Manager Operations for the Western Queen gold-tungsten project and reported high-grade gold-copper results at Munarra Gully.
Sector Context
Western Australian gold exploration is active, with explorers using soil geochemistry, drilling and extension work near existing pits. Results from single holes or early programs usually require follow-up to confirm grade and continuity.
Risks to Watch
New Murchison's high-grade interval is a single hole and may be narrow. Riedel's reconnaissance drilling may not identify economic targets. Rumble's Western Queen development will require funding, and the regional drilling results are still pending.
Catalysts on Watch
Investors will be watching for New Murchison's extension drilling results, Riedel's first assays from Cosmo, and Rumble's Wardawarra and Munarra Gully drilling.
_11_12_2026_10_36_35_483404.jpg)


_11_12_2026_10_36_50_897036.jpg)


Please wait processing your request...