Rumble Resources Limited · ASX:RTR
Rumble Resources — Investor Presentation (August 2023)
48 slides from Rumble Resources's investor presentation, Aug 14, 2023
Slide 1: Earaheedy – Emerging World Class Zinc-Lead-Silver Resource in Western Australia
For personal use only Earaheedy – Emerging World Class Zinc-Lead-Silver Resource in Western Australia Corporate Presentation | August 2023 ASX: RTR
Slide 2: Earaheedy: Globally Significant Maiden Resource
Earaheedy: Globally Significant Maiden Resource Maiden Sulphide, pit constrained; Inferred Mineral Resource Estimate (MRE): 94Mt @ 3.1% Zn+Pb and 4.1g/t Ag (at a 2% Zn+Pb cutoff) for For personal use only 2.2Mt Zinc, 0.7Mt Lead and 12.6Moz Silver of contained metal • Large scale, low-cost open pit m
Slide 3: Corporate Overview
Corporate Overview Capital Structure (RTR:ASX) Board of Directors Management For personal use only Shares On Issue (m) 636.7 Shane Sikora Brett Keillor 1,2 Managing Director Head of Technical Unlisted Options (m) 10.5 Market Capitalisation3 (A$m) 108.2 Peter Venn Ben Jones Cash and Equivalents Non-E
Slide 4: Major Zinc Sulphide Discovery in Western Australia
Major Zinc Sulphide Discovery in Western Australia • Major sedimentary hosted base metal discovery in the Earaheedy Basin announced on 19 April 2021 For personal use only Chinook discovery hole intersected: o 34m @ 4.22% Zn+Pb from 66m, incl. 15m @ 6.97% Zn+Pb, from 74m • Maiden JORC compliant Miner
Slide 5: Globally Significant Pit Constrained Maiden Resource
Globally Significant Pit Constrained Maiden Resource For personal use only 5
Slide 6: Exceptional Resource Growth Potential
Exceptional Resource Growth Potential • Inferred resources constrained to closer spaced drilling with For personal use only potential to significantly grow resources with extensional drilling • Exceptional resource growth potential with deposits open in all directions • Mineralisation intersected in
Slide 7: Chinook: Resource Growth Potential
Chinook: Resource Growth Potential • 8km x 2km Navajoh unconformity Zn-Pb For personal use only mineralisation (host to Zn-Pb Pit Constrained Resources) remains open along strike and down dip • Chikamin and Kalitan high- grade feeder structures (>5% >8%) Zn-Pb remain open • Potential to discover hig
Slide 8: Chinook Deposit: Optimised Pit
Chinook Deposit: Optimised Pit • Optimised pits highlight potential for a large tonnage, For personal use only low-cost open pit mining scenario • Higher Grade resources close to surface highlight optionality • Optimised open pits constrained to depth of drilling • Significant resource growth potent
Slide 9: Tonka and Navajoh: Resource Growth Potential
Tonka and Navajoh: Resource Growth Potential • 11km x 2km Navajoh unconformity Zn- Pb mineralisation (host to Zn-Pb Pit For personal use only Constrained Resources) remains open along strike and down dip • Colorado, Magazine and Navajoh high-grade feeder faults (>5% >8%) Zn-Pb remain open • Minerali
Slide 10: Flat Lying, Feeder Faults with Open Pit Potential
Flat Lying, Feeder Faults with Open Pit Potential • Shallow and flat lying Zn-Pb mineralisation hosted in Navajoh For personal use only Unconformity Unit Sweetwaters Well Dolomite - Only formations tested to date • Potential large scale open pit mine development • Potential free dig scenario – Low-c
Slide 11: Metallurgy – A Highly Marketable Concentrate
Metallurgy – A Highly Marketable Concentrate PROSPECT CHINOOK TONKA Average Average • High zinc recoveries to 90% Zn in Composite A - EHS001/002 B - EDH019 C- EDH027 Tonka Combined Host Unconformity Unconformity Dolomite For personal use only cleaner concentrates Feed Grades • Coarse grind size (150
Slide 12: Metallurgy – No Penalty Elements
Metallurgy – No Penalty Elements Company New Century Glencore MMG Vedanta Zinc Teck Rumble For personal use only Project Century Mcarthur River Dugald River Gamsberg Red Dog Tonka Earaheedy % Unless otherwise stated Fe 3 5.9 11 8.9 5.0 6.6 Mn <0.15 <0.01 2 2.6 <0.01 <0.2 SiO2 5 4.6 3.5 2 4.5 1.35 Cd
Slide 13: Potential DMS & Ore Sorting benefits
Potential DMS & Ore Sorting benefits • Rumble will trial DMS and Ore Sorting in 2023 for the mineralisation outside the higher-grade Zn-Pb zones - benefits include; o Technique can increase on average ore grade by 2-5 times – Examples in Table below For personal use only o Removes waste early which
Slide 14: Discovery Potential – Tip of the Iceberg
Discovery Potential – Tip of the Iceberg Targets 1 & 2 - Unconformity Zn-Pb-Ag • Flat lying Zn-Pb-Ag at Chinook, Tonka and Navajoh Prospects For personal use only • Only style currently drill testing Target 3 - MVT Type Zn-Pb-Ag • Historic drilling intersected MVT Zn-Pb-Ag • Multiple targets to be t
Slide 15: Tonka/Navajoh Southeast Trend: High-Grade Feeder Targets
Tonka/Navajoh Southeast Trend: High-Grade Feeder Targets Tonka/Navajoh Prospect • Gravity gradient interpretation has shown For personal use only strong association with gravity lows and high-grade Zn-Pb feeder faults • Soil geochemistry is reflecting the up dip Zn-Pb mineralised position • Numerous
Slide 16: Tier Scale Potential
Tier 1 Scale Potential 45km Unconformity (Targets 1-5) Strike • Chinook Prospect mineralised footprint is 8km x For personal use only 2km - open in all directions • Tonka - Prospect mineralised footprint is 11km x 2km - open in all directions • 12km of the Sweetwater Trend – Newly Discovered Mato Pr
Slide 17: Zinc’s Role in a Low-Carbon Economy
Zinc’s Role in a Low-Carbon Economy Zinc is a critical mineral for renewal energy storage For personal use only Offshore wind turbines require a zinc coating to Zinc handle extreme coatings environmental conditions protect solar panel 1 Zinc is a key ingredient in battery technology that enables fix
Slide 18: Forecast Zinc Production and Future Supply Deficit
Forecast Zinc Production and Future Supply Deficit • Zinc inventories at historic lows For personal use only • Supply Deficit - 4 out of 10 major producers estimated to have less than 10 years remaining of mine life • Supply - Expected to fall 3.5% pa to 2030 due to depleted mines • Demand - Signifi
Slide 19: One of the largest undeveloped zinc deposits globally
One of the largest undeveloped zinc deposits globally • Maiden MRE: 94Mt @ 3.1% Zn+Pb Sulphide Optimised Pit Constrained For personal use only • Globally only 8% of zinc is mined open pit - significantly lower mining costs • Few deposits that have comparable scale – Globally significant discovery •
Slide 20: Sustainability
Sustainability • Diversity in the workforce For personal use only • 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 21: Near Term Catalysts at Earaheedy
Near Term Catalysts at Earaheedy 1. Drill Program Planned for 2023 For personal use only ▪ Advance the 9km x 3km Newly Discovered ‘Mato Prospect’ ▪ Target high-grade feeder structures along the untested 9km Navajoh Southeast Trend ▪ Target high-grade feeder structures at Chinook, Tonka and Navajoh a
Slide 22: Capital raise
For personal use only Capital raise 22
Slide 23: Capital raising overview
Capital raising overview Institutional Placement to raise ~A$8.1 million and Security Purchase Plan to raise up to ~A$3.0 million For personal use only • An Institutional Placement to raise approximately A$8.1 million capital raising through the issue of 60.0m shares (the “Placement” or “Offer”). Th
Slide 24: Use of Funds
Use of Funds ▪ Monies raised will be used to fund further drilling Sources A$M For personal use only to test high-grade zones and continue scoping studies, including: Placement 11.1 • Exploration drilling – discovery and expansion of near surface deposits Uses A$M • Exploration drilling – targeting
Slide 25: Indicative offer timetable
Indicative offer timetable Event 2023 For personal use only Trading Halt lifted, announce completion of the Placement Monday, 14th August Settlement of new shares issued under the Placement Thursday, 17th August Allotment and trading of new shares issued under the Placement, SPP offer Friday, 18th A
Slide 26: Appendix
For personal use only Appendix 26
Slide 27: Building a Team to Deliver Earaheedy
Building a Team to Deliver Earaheedy Board of Directors For personal use only 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 28: Metallurgy – Conceptual Process Flowsheet
Metallurgy – Conceptual Process Flowsheet For personal use only 28
Slide 29: Zinc Uses in Renewables
Zinc Uses in Renewables Accelerated investment and adoption of renewable energy is leading to growing zinc demand For personal use only 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 30: Global Zinc Uses
Global Zinc Uses Overview Uses For personal use only • 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 31: Analogy: Pering Open Pit Mine, South Africa
Analogy: Pering Open Pit Mine, South Africa • Pering Zinc-Lead discovery made in 1978 by BHP Billiton Pering Zn-Pb Open Pit Mine, South Africa • For personal use only 70km Southwest of Vryburg, Northwest region of South Africa • Mined by a joint venture comprising Shell & BHP Billiton • 20.5Mt mined
Slide 32: Earaheedy Basin – New Zinc Province
Earaheedy Basin – New Zinc Province For personal use only E69/3464 - 75% Rumble / 25% Zenith (ASX:ZNC) E69/3787& E69/3862 - 100% Rumble 32
Slide 33: Chinook: Copper Potential
Chinook: Copper Potential • Vertical drill holes targeting flat lying Zinc-Lead For personal use only mineralisation discovered vertical fault/structure related copper, with associated molybdenum, tungsten and nickel in a newly recognised polymetallic system • The polymetallic system is a separate m
Slide 34: Earaheedy Project - Regional Copper Deposits
Earaheedy Project - Regional Copper Deposits • Significant potential for For personal use only independent copper 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 older Yerri
Slide 35: Rumble’s Pipeline of Projects Strategy
Rumble’s Pipeline of Projects Strategy Project Pipeline Strategy Targeting Valuable Discovery Project Development • Generate a pipeline of projects at various • Fast track low-cost drill target generation • Establish a Board and Management stages of development • Drill first order targets for discov
Slide 36: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 37: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 38: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 39: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 40: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 41: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 42: Summary of key risks
Summary of key risks This section identifies the areas that the directors regard as the major risks associated with an investment in the Company. Investors should be aware that an investment in the Company involves many risks, many of which are outside of the control of the Company and its directors
Slide 43: Foreign selling restrictions
Foreign selling restrictions This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any cou
Slide 44: Foreign selling restrictions
Foreign selling restrictions This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any cou
Slide 45: Disclaimer
4 5 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 and does not purport to be complet
Slide 46: Disclaimer – Competent Person Statement
Disclaimer Competent Person Statement: The Exploration Results referenced in this presentation were first announced by the Company in accordance with ASX Listing Rule 5.7 in its announcements dated 17th July 2023, 19th April 2023, 14th March 2023 ,16th February 2023, 17th November 2022, 3rd November
Slide 47: Disclaimer
For personal use only Disclaimer 47
Slide 48: Contacts
Contacts For personal use only Shane Sikora Managing Director s.sikora@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 48
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