EHR Resources has launched a $12 million capital raising to fund diamond exploration overseas, while Rumble Resources is raising $6 million to fund its next gold drilling program in Western Australia.
Perth-based Rumble Resources has signed an earn-in agreement with Blackham Resources for the acquisition of up to 75 per cent of the Zanthus project inside the Albany Fraser Tectonic Zone in the State's south west.
Shane Sikora has been appointed as chief executive officer of Rumble Resources, following the resignation of Andrew McBain, who remains as a non-executive director.
