Rumble Resources Limited · ASX:RTR
Rumble Resources — Investor Presentation (November 2024)
21 slides from Rumble Resources's investor presentation, Nov 1, 2024
Slide 1: Capital Raising Presentation
M U L T I C O M M O D I T Y GROWTH W I T H N E A R - T E R M GOLD D I S C O V E R Y & P R O D U C T I O N Capital Raising Presentation 1 November 2024 A S X : R T R
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 and does not purport to be complete. This present
Slide 3: Capital Raising Overview
Capital Raising Overview Placement to sophisticated, strategic and institutional investors raise up to approximately A$7.1 million via the issue of up to approximately 157.4 million fully paid ordinary shares (“New Shares”) to be issued in the Company (“Placement or the “Offer”) The Placement will b
Slide 4: Timetable
Timetable1 Use of Funds Date Trading Halt 30 October 2024 Settlement of New Shares issued under the Tranche One 7 November 2024 Allotment of trading of New Shares under the Tranche One 8 November 2024 Annual General Meeting to Approve Tranche Two 28 November 2024 Expected Settlement of New Shares Is
Slide 5: Corporate Overview
CORPORATE OVERVIEW Capital Structure (RTR:ASX) Share Price (12 months) Shares On Issue (before (m) ~780 $0.120 12,000,000 Placement) Volume RTR A$ Share Price Unlisted Options1,2 (m) 12 $0.100 10,000,000 Market Capitalisation3 (A$m) ~44 $0.080 8,000,000 4 Cash and Equivalents (A$m) ~1.6 $0.060 6,000
Slide 6: Vision and Mission
VISION To become a leading Australian resources company, AND delivering significant value and growth through resource discoveries and innovative exploration in Western Australia. MISSION To enhance shareholder value by identifying and developing mineral assets, with a focus on generating near-term c
Slide 7: Our Projects
OUR PROJECTS Western Queen • Discovery drilling ongoing • Resource Upgraded to ~287koz gold resource1 • Potential near-term gold production • Recent high-grade tungsten discovery Earaheedy • Inferred Resource containing 2.2Mt Zn, 0.7Mt Pb and 12.6Moz Ag2 • Potential large-scale, low-case open pit mi
Slide 8: Western Queen – High-Grade Gold
WESTERN QUEEN – HIGH-GRADE GOLD • 76% Increase in Mineral Resource Estimate (MRE) reported in October 2024 • MRE – 4.42Mt @ 2.02g/t Au for 287,000oz • Historical production – 880kt @ 7.6g/t Au for 215koz • Well located – 100km radius of 3 gold plants, on granted mining leases • Geology - The Western
Slide 9: Western Queen – 76% Increase in Resources to 287koz
WESTERN QUEEN – 76% INCREASE IN RESOURCES TO 287KOZ Western Queen Gold Deposit Longitudinal Section – Highlighting Previous Production, Resources and Potential New Resource Areas 9
Slide 10: Western Queen – Never Never Comparison
WESTERN QUEEN – NEVER NEVER COMPARISON Western Queen South comparison to Spartan’s Never Never (To Scale) 10 10
Slide 11: Western Queen – Other Targets Along the Shear Zone
WESTERN QUEEN – OTHER TARGETS ALONG THE SHEAR ZONE Targets • 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 • Small gold in laterite and oxide Inferred Resource of 3,300oz @ 1.39g/t Au • Limit
Slide 12: Western Queen South – Drilling & Towards Production
WESTERN QUEEN SOUTH – DRILLING & TOWARDS PRODUCTION Recent Drilling • Has extended and potentially revealed new mineralisation • WQDD013 returned1: • 5m @ 5.02g/t from 216m • 16m @ 1.32g/t from 264m • WQDD014 returned1: • 29m @ 1.75g/t from 202m including • 12m @ 3.5g/t from 208m Towards Production
Slide 13: ~20,000m Drilling Campaign – Multiple High-Grade Targets
~20,000M DRILLING CAMPAIGN – MULTIPLE HIGH-GRADE TARGETS 13
Slide 14: More Potential – Tungsten
MORE POTENTIAL– TUNGSTEN WQDD013 intersections1: • 4m @ 4.58% WO3, 0.72g/t Au from 174.85m including • 2.05m @ 8.71% WO3, 1.38g/t from 176.85ml and Source: Almonty (almonty.com), Fastmarkets, Metal Bulletin • 0.65m @ 18.35% WO3 2.97g/t Au from 176.85m WQDD013 intersection under UV light 1. ASX relea
Slide 15: Earaheedy – Globally Significant Zn/Pb/Ag Resource
EARAHEEDY– GLOBALLY SIGNIFICANT Zn/Pb/Ag 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 2.2Mt Zinc, 0.7Mt Lead and 12.6Moz Silver of contained metal • Large scale, low-cost open pit mining proposition i
Slide 16: Earaheedy – Major Zn/Pb/Ag Sulphide Discovery
EARAHEEDY– MAJOR ZN/PB/AG SULPHIDE DISCOVERY • Major sedimentary hosted base metal discovery in the Earaheedy Basin announced in April 2021 • Chinook discovery hole intersected: • 34m @ 4.22% Zn+Pb from 66m, incl. • 15m @ 6.97% Zn+Pb, from 74m • Maiden JORC compliant Mineral Resource Estimate delive
Slide 17: Globally Significant Pit Constrained Maiden Resource
GLOBALLY SIGNIFICANT PIT CONSTRAINED MAIDEN RESOURCE 17
Slide 18: Exceptional Resource Growth Potential
EXCEPTIONAL RESOURCE GROWTH POTENTIAL • Inferred resources constrained to 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 in broader spaced dril
Slide 19: Metallurgy – Marketable Concentrate
METALLURGY – MARKETABLE CONCENTRATE PROSPECT CHINOOK TONKA Average Average • 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 micron) Zn % 3.92 4.72 1.25 •
Slide 20: Key Deliverables – Next 12 Months
KEY DELIVERABLES – NEXT 12 MONTHS Driving value creation through exploration success and achieving key milestones to drive shareholder value. Western Queen Earaheedy Other Projects Recognition of Gold resources increase – • Metallurgy – Flotation • Advanced via True Value from 163kozs to 287kozs,
Slide 21: Connect With Us
CONNECT WITH US Peter Harold Managing Director & CEO info@rumbleresources.com.au +61 8 6555 3980 rumbleresources.com.au Level 1, 16 Ord Street, West Perth, WA 6005 https://www.linkedin.com/company/ rumble-resources-ltd Rumble Resources Ltd (@RumbleResources) / X 21
Rumble Resources — Investor Presentation (November 2024) on 6ix