Rumble Resources Limited · ASX:RTR
Rumble Resources — Shareholder Meeting (November 2017)
26 slides from Rumble Resources's shareholder meeting presentation, Nov 23, 2017
Slide 1: AGM Presentation November 2017
For personal use only Image – Ragged Hills East Prospect - Braeside Project Image - Sugar Ramos Prospect - Massive Galena Zone – Braeside Project (New Gossan Discovery - 29.3% Zinc ) (New Lead Gossan Discovery 42.76 % Pb, 72 g/t Ag, 1.45 g/t Au) Photo: Thunderstorm Tanks, Thunderstorm Project, Frase
Slide 2: Why Invest in Rumble?
Why Invest in Rumble? • Hosts many historic high grade base metal small-scale mines that produced lead, zinc and silver For personal use only up until 1959. • High grade grab sampling assays returned up to 29.31% Zn, 79% Pb, 17.48% Cu, 325 g/t Ag, Braeside High Grade Zn – Pb 13 g/t Au and V 1.03% al
Slide 3: Corporate Overview
Corporate Overview Capital Structure For personal use only Shares on Issue # 352m Options on Issue 1 & 2 # 10M Cash 3 A$ $6m Market Cap A$ $26m 1. 6mil 8c options 2. 4mil 3c Options 3. Includes $4.8m raise, $93.5k incl gst received from IGO and cash as reported in September Quarterly Board & Managem
Slide 4: Braeside Project, Pilbara Western Australia
Braeside Project, Pilbara Western Australia For personal use only • Braeside Project area is over 1000 km² • Hosts many historic high grade base metal small-scale mines that produced lead, zinc and silver up until 1959 • Project geology is dominated by mafic to intermediate volcanics and felsic volc
Slide 5: Conceptual Model for Braeside Project
Conceptual Model for Braeside Project Whole rock litho-geochemistry (completed by Rumble) was conducted on the footwall and hanging wall (proximal and distal) wall-rock zones to the main reef at the Ragged Hills Mine. Fresh unaltered basalt was located away from the mineralisation zones to use as a
Slide 6: Braeside Historic Exploration & Mining
Braeside Historic Exploration & Mining Historic small scale mining – 1901 to 1959 only focused on high grade Pb (Massive Galena) which formed in visual pods. Sphalerite (zn) was For personal use only not targeted as it wasn’t easy to be visibly identified. Approximately 50,000t of tailings remain
Slide 7: Systematic Exploration Process
Systematic Exploration Process Rumble’s technical team is systematically exploring the Braeside Project with the intention to generate first For personal use only order VMS feeder pipe targets using proven, modern exploration techniques. Rumbles exploration program is the first modern systematic
Slide 8: Stage - Infill Soils and Rock Chip – E45/2032
Stage 3 - Infill Soils and Rock Chip – E45/2032 • Grab sampling over soil anomalism, VTEM conductors and mineralised structures has highlighted numerous high- grade zinc, lead and copper targets with significant gold, silver and vanadium. For personal use only • Additional to known high grade histor
Slide 9: Ragged Hills Mine Area
Ragged Hills Mine Area High grade Pb, Cu and For personal use only Zn mineralisation north along strike from Ragged Hill Pb – Zn Mine. Grab sampling returned the following assays: • Pb – 42.82% and 30.71%. • Cu – 15.14% and 14.55%. • Zn – 17.29% Mineralisation within wide (30m) silica-sericite alter
Slide 10: Ragged Hills East Area
Ragged Hills East Area Cassius Clay Prospect For personal use only • Significant high grade Pb and Cu grab sample results. • Pb assays include 31.51%, 44.28% and 31.51% and 19.92% • Cu assays include 17.48% • Wide silica – sericite alteration zone (20 to 30m) • Strong wall rock anomalism. • Pb assay
Slide 11: Devon Cut Prospect Area
Devon Cut Prospect Area Devon Cut Prospect For personal use only • High grade Zn and Pb with anomalous V, Ag and Au along mineralised trend o Pb values include 29.47%, 23.17% and 4.01% o Zn values include 14.36%, 6.3% and 1.01% o V assays include 1.03% and 0.85% o Ag assays include 85 g/t and 59 g/t
Slide 12: Mt Brockman Area
Mt Brockman Area Mt Brockman 3 Prospect For personal use only • Wide zone of silica – sericite alteration (>10m) • High-grade Pb – 12.27% Pb • Wall rock mineralisation returned 2.23% Pb, 1.55% Pb and 0.47% Zn • Significant Pb in soil anomalism (>300ppm) west of Mt Brockman 1 and 3 remains untested.
Slide 13: Iron Mike Prospect
Iron Mike Prospect For personal use only • Multiple VTEM conductors associated with strong Zn in soil anomalism. • Wide zones of silica – sericite alteration – Elevated Pb background – 0.33%, 0.24% and 0.2% • Mineralised dolomite returned 0.21% Pb and 0.13% Zn. ASX: RTR | PAGE 13
Slide 14: Moxams Prospect
Moxams Prospect For personal use only • Moxam mineralised trend strikes over 2km with a VTEM conductor, anomalous Pb in soils, strong alteration and rock chip anomalism. o Pb returned up to 18.19% at the Moxam workings – wall rock returned 1.17% Pb. o Alteration along the trend returned 0.44% Pb, 0.
Slide 15: Sugar Ramos & Butterbean Prospect Area
Sugar Ramos & Butterbean Prospect Area For personal use only Sugar Ramos Prospect – New occurrence – (See Image front Page) Butterbean Prospect • Widespread silica – sericite alteration (up to 20m wide) with strong • Strong silica – sericite alteration with high order Pb in soil potassium and barium
Slide 16: Hitman Hearns Target Area
Hitman Hearns Target Area For personal use only • A significant VTEM conductor is coincident with a major north • North trending faults in the volcanics returned anomalous Cu trending fault structure. o Grab sample BR108 reported 0.97% Cu. o The structure is in contact with flat lying to slight west
Slide 17: Barker Well Prospect Area
Barker Well Prospect Area • Relatively fresh For personal use only intermediate volcaniclastic sediments (to the northwest of the prospects) with no apparent mineralisation returned high background Pb and Zn values in association with a strong Zn in soil anomaly and a conductor. • BR089 returned 0.4
Slide 18: Braeside Pebble Conglomerates
Braeside Pebble Conglomerates For personal use only • Desktop review of the Braeside Project has identified significant areas of the Lower Fortescue Group (Hardey Formation) which is highly prospective for conglomerate hosted gold. • The review has identified 30km of strike of pebble conglomerates a
Slide 19: Braeside Pebble Conglomerates
Braeside Pebble Conglomerates The targeted stratigraphy is considered similar to Witwatersrand-style For personal use only conglomerates that host gold mineralisation that are associated with the recent gold discoveries by Novo Resources (TSX-V: NVO) at its joint venture project with Artemis Resourc
Slide 20: Option to Acquire Barramine Project
Option to Acquire Barramine Project High-grade Cu, Pb, Zn and Ag prospects have not been Option to earn up to 70% For personal use only tested by drilling or modern exploration Historic rock chip and channel samples collected The same geology and structure that hosts the historic confirms th
Slide 21: Option to Acquire Earaheedy Project
Option to Acquire Earaheedy Project • Rumble has the option to acquire 75% of the Earaheedy Project For personal use only • Wide spaced drilling has defined stratiform zinc and lead mineralisation over 20km of strike within carbonate sediments of the lower sedimentary units of the Earaheedy Basin (P
Slide 22: Earaheedy Project Potential
Earaheedy Project Potential • The mineralisation style is similar to Mississippi For personal use only Valley Type (MVT) large high grade base metal deposits that include the Devonian Lennard Shelf deposits of the Kimberley Region of Western Australia. • The target size is similar to the Pillara (Bl
Slide 23: IGO Joint Venture Fraser Range Projects
IGO Joint Venture Fraser Range Projects For personal use only • Joint Venture Agreement signed with leading base metal and gold miner Independence Group NL (ASX: IGO) on Rumbles highly prospective Fraser Range Projects in Western Australia • IGO to earn 70% equity in Rumble's 100% owned Fraser Range
Slide 24: Investment Summary
Investment Summary For personal use only Base metals breaking out to 10 year price highs with lack of discoveries First modern systematic program at High Grade Braeside Project which has porphyry related VMS potential of hosting large base metal deposits Drill testing of High Grade base metal
Slide 25: Contacts & Project Locations
Contacts & Project Locations For personal use only Shane Sikora, Managing Director s.sikora@rumbleresources.com.au Brett Keillor, Technical Director b.keillor@rumbleresources.com.au ASX: RTR | PAGE 25
Slide 26: Disclaimer
Disclaimer For personal use only 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
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