Slide 1: Emerging World Class Earaheedy Base Metals Discovery
For personal use only ASX: RTR Emerging World Class Earaheedy Base Metals Discovery RIU Explorers Conference 14-16 February 2023 ASX: RTR
Slide 2: Disclaimer
Disclaimer Disclaimer For personal use only 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 and does not pur
Slide 3: Rumble Value Drivers
Rumble Value Drivers Earaheedy – Emerging World Class Base Metal Discovery For personal use only • 13km’s of Zn-Pb mineralisation – Zinc sulphide dominant, shallow, flat lying and open • Large scale, low cost open pit mining proposition – World class mining jurisdiction • Initial Exploration Target
Slide 4: Corporate Overview
Corporate Overview For personal use only Capital Structure (RTR:ASX) Share Price Performance Shares On Issue (m) 626.7 Unlisted Options1,2 (m) 19.75 Market Capitalisation3 (A$m) 143 Cash and Listed Shares (31 December (A$m) 9.5 2022) Debt (A$m) Nil Enterprise Value3 (A$m) 134 Notes: 1. 4.75 million
Slide 5: Building a Team to Deliver Earaheedy
Building a Team to Deliver Earaheedy For personal use only Board of Directors Shane Sikora Peter Venn Geoff Jones Matthew Banks Michael Smith Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director • Founding member of Rumble • Geologist with ove
Slide 6: Major Zinc Dominant Sulphide Discovery
Major Zinc Dominant Sulphide Discovery • Major sedimentary hosted base metal For personal use only discovery in the Earaheedy Basin announced on 19 April 2021 Chinook discovery hole intersected: o 34m @ 4.22% Zn+Pb from 66m, incl. 15m @ 6.97% Zn+Pb, from 74m • Exceptional exploration has uncovered a
Slide 7: Zinc Supply and Role in a Low-Carbon Economy
Zinc Supply and Role in a Low-Carbon Economy • Critical Mineral in USA For personal use only • Strong future role in renewable energy storage in solar, wind farms & batteries • Supply Deficit - 4 out of 10 major producers estimated to have less than 10 years remaining of mine life • Supply - Expecte
Slide 8: Earaheedy – Globally Significant Discovery
Earaheedy – Globally Significant Discovery For personal use only • Initial Exploration Target: Open pit proposition 100-120Mt (3.5% - 4.5% Zn-Pb Sulphide)* • Globally only 8% of zinc is mined open pit - significantly lower mining costs • Few deposits that have comparable scale – Globally significant
Slide 9: Emerging World Class Base Metal System
Emerging World Class Base Metal System Targets 1 & 2 - Unconformity Zn-Pb-Ag For personal use only • Flat lying Zn-Pb-Ag at Chinook, Tonka and Navajoh Prospects • Only style currently drill testing Target 3 - MVT Type Zn-Pb-Ag • Historic drilling intersected MVT Zn-Pb-Ag • Remains to be tested Targe
Slide 10: Provincial Scale Discovery Potential
Provincial Scale Discovery Potential 42km Prospective Unconformity (Targets 1-6) Strike For personal use only • Chinook Prospect mineralised footprint is 5.5km x 2km - open in all directions • Tonka - Prospect mineralised footprint is 8km x 2km - open in all directions • 15km of the Sweetwater Trend
Slide 11: Chinook: Large Open Pit with Higher-Grade Domains
Chinook: Large Open Pit with Higher-Grade Domains • For personal use only Multiple east-west and northwest feeder structures hosting large higher-grade (>5% >8%) Zn-Pb domains – Current drilling focus • Wide, shallow & flat lying 5.5km x 2km Zn-Pb mineralised footprint • Mineralisation remains open
Slide 12: Tonka/Navajoh: Large Open Pit with Higher-Grade Domains
Tonka/Navajoh: Large Open Pit with Higher-Grade Domains • For personal use only Multiple east-west feeder structures hosting large higher-grade (>5% >8%) Zn-Pb domains up to 2.5km long– Drilling focus • Wide, shallow & flat lying 8km x 2km Zn-Pb mineralised footprint • Mineralisation remains open in
Slide 13: Tonka High-Grade Feeders, Shallow & Flat Lying
Tonka High-Grade Feeders, Shallow & Flat Lying • For personal use only Multiple higher grade (>5% >8%) domains associated with interpreted feeder zones – near term drill focus • Shallow and flat lying mineralisation provides potential for large scale open pit mine development • Potential free dig sc
Slide 14: Metallurgy – A Highly Marketable Concentrate
Metallurgy – A Highly Marketable Concentrate PROSPECT CHINOOK TONKA Average Average For personal use only • High zinc recoveries to 90% Zn in Composite A - EHS001/002 B - EDH019 C- EDH027 Tonka Combined cleaner concentrates Host Unconformity Unconformity Dolomite Feed Grades • Coarse grind size (150
Slide 15: Potential DMS & Ore Sorting benefits
Potential DMS & Ore Sorting benefits • For personal use only Rumble is trialing DMS and Ore Sorting for the mineralisation outside the higher-grade Zn-Pb zones - benefits include; o Technique can increase on average ore grade by 2-5 times o Removes waste early which can significantly lower the CAPEX
Slide 16: Chinook: High-Grade Copper and Silver
Chinook: High-Grade Copper and Silver For personal use only • Drilling targeting flat lying Zinc- Lead mineralisation discovered vertical fault/structure related high-grade copper and silver, with associated molybdenum, tungsten and nickel in a newly recognised polymetallic system • The polymetallic
Slide 17: Earaheedy Project with Regional Copper Deposits
Earaheedy Project with Regional Copper Deposits • For personal use only Significant potential for independent copper & silver dominant deposits throughout the Earaheedy Project yet to be drill targeted and tested • Major copper deposits including the high-grade Degrussa Cu-Au-Ag VMS system occur in
Slide 18: Sustainability
Sustainability For personal use only • Diversity in the workforce • Utilising the local community stakeholders and suppliers to create a positive contribution to the region • Recognise and engagement with traditional owners • Growing employment opportunities • Incorporate best practice environmental
Slide 19: Near Term Catalysts at Earaheedy
Near Term Catalysts at Earaheedy For personal use only 1. Exploration Completed in 2022 ▪ RC drilling at the Tonka-Navajoh Prospects completed – Assays pending ▪ RC drilling at the Chinook west extension completed – Assays pending ▪ Geochem and Airborne gravity targeting – Assay and Analysis pending
Slide 20: Appendix
For personal use only Appendix 20
Slide 21: Earaheedy Discovery: Initial Exploration Target
Earaheedy Discovery: Initial Exploration Target For personal use only Earaheedy Project Initial Exploration Target Range Tonnes Grade Lower 100,000,000 3.5% Zn + Pb Sulphide Upper 120,000,000 4.5% Zn + Pb Sulphide Notes: Rumble’s initial first stage exploration target at the Earaheedy Project is bet
Slide 22: Earaheedy – Infrastructure in World Class Jurisdiction
Earaheedy – Infrastructure in World Class Jurisdiction For personal use only 22
Slide 23: Global Zinc Uses
Global Zinc Uses For personal use only Overview Uses • Zinc is one of the most versatile and essential materials known to mankind. It is the fourth most used metal in the world behind iron, aluminum, and copper. Galvanising 5% 2% • The primary use of zinc is in the galvanizing process, which protect
Slide 24: Green Metal - Zinc's Role in a Low-Carbon Economy
Green Metal - Zinc’s Role in a Low-Carbon Economy For personal use only Zinc is 100% recyclable – it can be recovered and reused without a loss in quality Offshore wind turbines require a zinc coating to Zinc handle extreme coatings environmental conditions protect solar panel • Zinc is a key ingred
Slide 25: Zinc Uses in Renewables
Zinc Uses in Renewables For personal use only Accelerated investment and adoption of renewable energy is leading to growing zinc demand 61% 136,000 Zinc (Tonnes) 107% 14,000 162,000 150,000 300 85,000 62,000 66,000 24,000 2020 2025* 2030* Source: CRU, IRENA Offshore wind Solar Storage battery * Proj
Slide 26: Metallurgy – Conceptual Process Flowsheet
Metallurgy – Conceptual Process Flowsheet For personal use only 26
Slide 27: Analogy: Pering Open Pit Mine, South Africa
Analogy: Pering Open Pit Mine, South Africa • For personal use only Pering Zinc-Lead discovery made in 1978 by BHP Billiton Pering Zn-Pb Open Pit Mine, South Africa • 70km Southwest of Vryburg, Northwest region of South Africa • Mined by a joint venture comprising Shell & BHP Billiton • 20.5Mt mined
Slide 28: Interactive 3D fly through
Interactive 3D fly through For personal use only 28
Slide 29: Rumble's Pipeline of Projects Strategy
Rumble’s Pipeline of Projects Strategy Project Pipeline Strategy Targeting Valuable Discovery Project Development For personal use only • Generate a pipeline of projects at various • Fast track low-cost drill target generation • Establish a Board and Management stages of development • Drill first or
Slide 30: Contacts
Contacts For personal use only Shane Sikora Managing Director info@rumbleresources.com.au +61 8 6555 3980 www.rumbleresources.com.au Level 1, 16 Ord Street, West Perth, WA 6005 https://www.linkedin.com/company/ rumble-resources-ltd https://twitter.com/RumbleResources 30