Rumble Resources Limited · ASX:RTR
Rumble Resources — Fosters Stockbroking ASX Emerging Gold Producers Zoom Call (May 2026)
29 slides from Rumble Resources's conference presentation, May 28, 2026
Slide 1: Near Term Gold & Tungsten Production
ASX: RTR For personal use only NEAR TERM GOLD & TUNGSTEN PRODUCTION EXPLORATION UPSIDE MULTI-COMMODITY EXPOSURE Fosters Stockbroking ASX Emerging Gold Producers Zoom Call 28 MAY 2026
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Rumble Resources Limited (Rumble or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form For personal use only and does not purport to be
Slide 3: Vision & Mission
VISION & MISSION Rumble is an Australian resources For personal use only company, delivering value and growth through resource discoveries and project development in Western Australia. Our aim is to provide shareholders with capital growth and dividend streams by finding and developing mineral asset
Slide 4: Corporate Overview
CORPORATE OVERVIEW SHARE PRICE (28 May 2026) 6.0c BOARD OF DIRECTORS For personal use only SHARES ON ISSUE ~1,327M PETER HAROLD Managing Director & CEO TICKER ASX:RTR PETER VENN MARKET CAP ~$80M Technical Director GEOFF JONES CASH & EQUIVALENTS1 ~$6M Non-Executive Chairman ENTERPRISE VALUE ~$74M MIC
Slide 5: Why Invest in Rumble
WHY INVEST IN RUMBLE WESTERN QUEEN – GOLD & TUNGSTEN EARAHEEDY - BASE METALS & SILVER For personal use only • Near term cashflow from high-grade gold & tungsten • Globally significant Zn-Pb-Ag discovery • Gold Resources growth already & potential to increase • Maiden JORC MRE 2.2Mt Zn, 0.7Mt Pb & 12
Slide 6: Our Projects
OUR PROJECTS WESTERN QUEEN For personal use only NEAR TERM GOLD PRODUCTION & DISCOVERY POTENTIAL GOLD RESOURCES UPGRADED TO • Significant increase in gold resource ounces and grade reported July 2025 • Potential to quickly grow the gold Resources 370kozs @ 3.1g/t Au1 • Maiden tungsten Resource repor
Slide 7: Western Queen – High-Grade Gold, Near Term Production
WESTERN QUEEN – HIGH-GRADE GOLD, NEAR TERM PRODUCTION Mineral Resource Estimate (MRE) now 3.72Mt @ 3.1g/t Au For personal use only for 370,000oz1 Historical production – 880kt @ 7.6g/t Au for 215koz Near-term production – WQ South Scoping Study confirms quick start, very low capex, extremely r
Slide 8: Western Queen – 370,000oz @ 3.1g/t
WESTERN QUEEN – 370,000oz @ 3.1G/T For personal use only Western Queen Gold Deposit Longitudinal Section – Highlighting Previous Production, Resources and Potential New Resource Areas RUMBLE RESOURCES I ASX: RTR I 8
Slide 9: Western Queen – Increase in Contained Gold to 370,000 oz
WESTERN QUEEN – INCREASE IN CONTAINED GOLD TO 370,000 OZ INDICATED INFERRED TOTAL 53% For personal use only Prospect Tonnage Au Au Tonnage Au Au Tonnage Au Au kt g/t Oz kt g/t Oz kt g/t Oz Increase in average grade to 3.1g/t Au Cranes 70 1.4 3,300 70 1.4 3,300 Duke 30 7.2 6,900 4 6.4 800 34 7.1 7,70
Slide 10: Western Queen – Never Never Comparison
WESTERN QUEEN – NEVER NEVER COMPARISON For personal use only Western Queen South comparison to Spartan/Ramelius Never Never lode (to scale) RUMBLE RESOURCES I ASX: RTR I 10
Slide 11: Western Queen Exploration – Infill & Growth Drilling (WQ South)
WESTERN QUEEN EXPLORATION – INFILL & GROWTH DRILLING WQ SOUTH For personal use only Yellow & red holes = 25m x 25m infill drilling & extensional drilling Extensional drilling achieved it aim of extending the mineralisation down plunge over 500m from the bottom of the open pit BEST INTERSECTIONS
Slide 12: Western Queen Exploration – Infill & Growth Drilling (WQ Central)
WESTERN QUEEN EXPLORATION – INFILL & GROWTH DRILLING WQ CENTRAL For personal use only Yellow & red holes = 25m x 25m infill drilling and down plunge extensional drilling Drilling has added significant new high-grade mineralisation just below the old open pit BEST INTERSECTIONS FROM CURRENT PROGR
Slide 13: Western Queen Exploration – 17,000m Drill Program
WESTERN QUEEN EXPLORATION – 17,000m DRILL PROGRAM OBJECTIVES OF THE RECENT DIAMOND PROGRAM For personal use only DISCOVER MORE GOLD RESOURCES Targeting high-grade, down-plunge extensions to the WQ South and Central, testing the Never Never analogy UPGRADE INFERRED TO INDICATED RESOURCES Infill the e
Slide 14: Western Queen – Other Targets Along the Shear Zone
WESTERN QUEEN – OTHER TARGETS ALONG THE SHEAR ZONE GOLD TARGETS For personal use only ON MINING LEASES Over the 2km strike between the Duke and Cranes deposits • Limited RAB drilling with an average end of hole depth of less than 20m and only three RC holes • Limited historical drilling at Cranes re
Slide 15: Pathway to Production – WQ South Scoping Study
PATHWAY TO PRODUCTION – WQ SOUTH SCOPING STUDY KEY FINDING OF WESTERN QUEEN SOUTH STUDY1 For personal use only Production Target – 617kt @ 2.95g/t AISC – A$2,970/oz for 58.5koz Au over 2 years 90m Upfront capex – circa $10M Free Cashflow - $133M at A$5,540/oz Short start up – 6 months from NPV - $11
Slide 16: Production – Next Steps & Growth
PRODUCTION – NEXT STEPS & GROWTH WQ CENTRAL PIT NEXT STEPS Western Queen For personal use only South Obtain all necessary approvals and permits Production Target WQ SOUTH PIT 27 Nov 25 Execute ore tolling agreement Scoping Study Secure project financing/make FID Convert more Inferred Resources into
Slide 17: Production – Toll Milling Deal
PRODUCTION – TOLL MILLING DEAL TOLL MINING & BLENDING AGREEMENT1 For personal use only • All production covered - 100% of forecast production from WQ to be processed at Gylden Resources/Kirkalocka Gold’s plant at Kirkalocka ~180km from WQ • Blending - campaigns of 75,000t of WQ ore blended 50/50 wit
Slide 18: Production – Pre-Development Funding
PRODUCTION – PRE-DEVELOPMENT FUNDING NEW ROYALTY1 For personal use only • 2.5% Net Smelter Return on gold production from Western Queen sold to the existing royalty holder, a wholly owned subsidiary of Elemental Royalty Corporation • Replaces the existing A$6-20 per ounce royalty on gold production
Slide 19: More Potential – Tungsten
MORE POTENTIAL – TUNGSTEN Significant Intersections1 & 2 For personal use only WQDD013 INTERSECTIONS • 4m @ 4.58% WO3 & 0.72g/t Au from 174.85m including • 2.05m @ 8.71% WO3 & 1.38g/t from 176.85m and • 0.65m @ 18.35% WO3, & 2.97g/t Au from 176.85m MXDD003 WQDD019 • 11.5m @ 1.46% WO3 • 26m @ 0.62% W
Slide 20: More Potential – Tungsten Long Section
MORE POTENTIAL – TUNGSTEN For personal use only Long section – WQ South & Central Higher grade tungsten lodes parallel to defined high-grade gold mineralisation Cross section thru WQ South RUMBLE RESOURCES I ASX: RTR I 20
Slide 21: Tungsten – Maiden Resource 13.2kt WO3
TUNGSTEN – MAIDEN RESOURCE – 13.2KT WO31 TABLE 1 - WESTERN QUEEN AUGUST 2025 TUNGSTEN MINERAL RESOURCE ESTIMATE (0.1% WO3 CUT-OFF)1 The maiden resource includes open, higher grade zones, For personal use only INFERRED MINERAL RESOURCE Prospect which at a 0.3% WO3 cutoff result in 1.44Mt @ 0.51% WO31
Slide 22: More Potential – Towards Tungsten Production
MORE POTENTIAL – TOWARDS TUNGSTEN PRODUCTION METALLURGICAL TESTWORK1 For personal use only • Highly marketable WO3 concentrate with a 48% grade and 45% recovery • Simple flowsheet that successfully separates both gold and scheelite with minimal losses (<1 %) of gold to the scheelite (WO3) concentrat
Slide 23: Earaheedy – Globally Significant Zn/Pb/Ag Resource
EARAHEEDY– GLOBALLY SIGNIFICANT ZN/PB/AG RESOURCE MAIDEN SULPHIDE, PIT CONSTRAINED, INFERRED MINERAL RESOURCE ESTIMATE (MRE) For personal use only 94Mt @ 3.1% Zn+Pb and 4.1g/t Ag (at a 2% Zn+Pb cutoff) for 2.2Mt Zinc, 0.7Mt Lead and 12.6Moz Silver of contained metal • Large scale, low-cost open pit
Slide 24: Globally Significant Pit Constrained Maiden Resource
GLOBALLY SIGNIFICANT PIT CONSTRAINED MAIDEN RESOURCE1 MAIDEN PIT CONSTRAINED INFERRED MINERAL RESOURCE TABULATION FOR THE EARAHEEDY PROJECT1 For personal use only Cut Off INFERRED - CHINOOK TONNAGE KT INFERRED TOTAL Tonne Tonne Tonne Zn+Pb Zn-Pb Zn Pb Ag Zn-Pb Zn Pb Ag Zn-Pb Zn Pb Ag s s s % Mt % %
Slide 25: Exceptional Resource Growth Potential
EXCEPTIONAL RESOURCE GROWTH POTENTIAL Inferred resources constrained to For personal use only closer spaced drilling with potential to significantly grow resources with infill and extension drilling Exceptional resource expansion with deposits open in all directions Mineralisation intersected
Slide 26: Other Projects
OTHER PROJECTS THUNDERSTORM - AU For personal use only • Potential to host major palaeochannel/basement gold deposits • Near surface high-grade intersections1: • 16m @ 6.69g/t Au from 42m • 6m @ 9.15g/t Au from 48m • 10,000m aircore and RC drill program being planned for FY26 EARAHEEDY – BASE METALS
Slide 27: Fraser Range – Thunderstorm Gold Project
FRASER RANGE – THUNDERSTORM GOLD PROJECT ACQUISITION1 GAZELLE DISCOVERY1 For personal use only • Rumble has acquired the Prior wide spaced AC drilling on 1,500m traverses remaining 70% from IGO returned high-grade paleo channel gold mineralisation in 2019 including: • 3 tenements – E28/2528, 2595, 2
Slide 28: Catalysts for Re-Rate of Rumble in 2026
CATALYSTS FOR RE-RATE OF RUMBLE IN 2026 WESTERN QUEEN - GOLD FRASER RANGE For personal use only • More high-grade hits, depth extensions to WQ South & Central • Exploration success • Execute ore tolling agreement • Receive approvals for underground mine EARAHEEDY • Secure debt funding & make Financi
Slide 29: Contact Us
For personal use only CONTACT US Level 1, 16 Ord Street West Perth WA 6005 +61 8 6555 3980 +61 8 6555 3981 info@rumbleresources.com.au rumbleresources.com.au
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