Rumble Resources Limited · ASX:RTR
Rumble Resources — RIU Explorers Conference 2025
22 slides from Rumble Resources's conference presentation, Feb 18, 2025
Slide 1: Near Term Gold Production & Exploration - RIU Explorers Conference
For personal use only N E A R T E R M GOLD PRODUCTION & E X P L O R AT I O N M U LT I - C O M M O D I T Y E X P O S U R E & G R O W T H RIU Explorers Conference 12.15pm on 18 February 2025 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 VISION at the date of the presentation. The information is provided in summary form and does not purport to be complete. This
Slide 3: Corporate Overview
CORPORATE OVERVIEW $0.04 ~940M ASX:RTR BOARD OF DIRECTORS SHARE PRICE SHARES ON ISSUE TICKER PETER HAROLD Managing Director & CEO For personal use only PETER VENN ~$40M ~$5.6M ~$34M Technical Director MARKET CAP CASH & ENTERPRISE VALUE GEOFF JONES EQUIVALENTS3 Non-Executive Director MICHAEL SMITH 3.
Slide 4: Significant Value Drivers – Cashflow & Growth
SIGNIFICANT VALUE DRIVERS – CASHFLOW & GROWTH RESOURCE GROWTH & ACCELERATED PATH TO PRODUCTION Our strategy is focused on resource WESTERN QUEEN GOLD expansion, self-sufficiency, and • Target open-pit mining and toll processing in 2025, For personal use only leveraging the Bain/MEGA deal1 strategic
Slide 5: Our Projects
OUR PROJECTS WESTERN QUEEN Resource – NEAR TERM PRODUCTION & DISCOVERY upgraded to POTENTIAL 287koz • Discovery drilling ongoing For personal use only • Near-term gold production Gold Resource1 • High-grade tungsten discovery Inferred EARAHEEDY Resource – DEVELOPMENT READY containing • Potential lar
Slide 6: Western Queen – High-Grade Gold, Production in 2025
WESTERN QUEEN – HIGH-GRADE GOLD, PRODUCTION IN 2025 • 76% Increase in Mineral Resource Estimate (MRE) reported in October 2024 • MRE – 4.42Mt @ 2.02g/t Au for For personal use only 287,000oz1 • Historical production – 880kt @ 7.6g/t Au for 215koz • Near-term production – aiming for second half of 20
Slide 7: Western Queen – 76% Increase in Resources to 287koz
For personal use only WESTERN QUEEN – 76% INCREASE IN RESOURCES TO 287KOZ Western Queen Gold Deposit Longitudinal Section – Highlighting Previous Production, Resources and Potential New Resource Areas 7
Slide 8: Western Queen – Never Never Comparison
For personal use only WESTERN QUEEN – NEVER NEVER COMPARISON Western Queen South comparison to Spartan’s Never Never (to scale) 8 8
Slide 9: 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 For personal use only • 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 3,300o
Slide 10: Western Queen – Drilling Hits More Gold & Tungsten
WESTERN QUEEN – DRILLING HITS MORE GOLD & TUNGSTEN Mid 2024 Drilling1 • Extended and potentially revealed new mineralisation • WQDD013 returned: For personal use only • 5m @ 5.02g/t from 216m • 16m @ 1.32g/t from 264m • WQDD014 returned: • 29m @ 1.75g/t from 202m including • 12m @ 3.5g/t from 208m N
Slide 11: Western Queen – Potential New Lodes at Princess
WESTERN QUEEN – POTENTIAL NEW LODES AT PRINCESS Nov/Dec 2024 Drilling Program – Phase 1 • Discovered 2 new high-grade lodes at Princess • WQRC208 returned1: For personal use only • 5m @ 3.76g/t from 162m • WQRC204D returned1: • 33m @ 1.03g/t from 214m including • 3m @ 4.87g/t from 225m • WQDD023 ret
Slide 12: More Potential – Tungsten
MORE POTENTIAL – TUNGSTEN WQDD013 intersections1: • 4m @ 4.58% WO3, 0.72g/t Au from 174.85m including For personal use only • 2.05m @ 8.71% WO3, 1.38g/t from 176.85ml and • 0.65m @ 18.35% WO3 2.97g/t Au from 176.85m WQRC2142 Source: Almonty (almonty.com), Fastmarkets, Metal Bulletin • 14m @ 0.26% WO
Slide 13: Multiple High-Grade Targets – Current Drilling Program
MULTIPLE HIGH-GRADE TARGETS CURRENT DRILLING PROGRAM For personal use only 13
Slide 14: Pathway to Production – Bain Global/MEGA Deal
PATHWAY TO PRODUCTION – BAIN GLOBAL/MEGA DEAL Term Sheet1 with Bain Global/MEGA • Key terms • Bain & Rumble to form JV to mine open pits • MEGA to provide mining services For personal use only • Bain providing up to $35M to fund pre- development • Rumble & Bain share free cash after development cost
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 For personal use only 2.2Mt Zinc, 0.7Mt Lead and 12.6Moz Silver of contained metal • Large scale, low-cost open pi
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: For personal use only • 34m @ 4.22% Zn+Pb from 66m, incl. • 15m @ 6.97% Zn+Pb, from 74m • Maiden JORC compliant Mineral Re
Slide 17: Globally Significant Pit Constrained Maiden Resource
For personal use only 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 For personal use only and extension drilling • Exceptional resource expansion with deposits open in all directions • Mineralisation intersected
Slide 19: Metallurgy – Bulk ISP Concentrate Confirmed
METALLURGY – BULK ISP CONCENTRATE CONFIRMED Major metallurgical testwork program completed1 in Oct 24 incorporating: • Comminution • Beneficiation (DMS, HydroFloatTM) For personal use only • Flotation (incl. LCTs) Key Points: • Excellent final recoveries to 79% Zn from lower grade composites (<2.6%
Slide 20: Metallurgy – HydroFloat Groundbreaking Innovation
METALLURGY HYDROFLOATTM GROUNDBREAKING INNOVATION Summary - Hydrofloat results are compelling and demonstrate a For personal use only coarse grind P80 up to 310 micron for rougher flotation of the HydrofloatTM concentrate, produced similar recoveries (86% Zn and 86% Pb) to conventional flotation at
Slide 21: Key Deliverables – Positioned for Strong Cashflows & Future Growth
KEY DELIVERABLES – POSITIONED FOR STRONG CASHFLOWS & FUTURE GROWTH Driving value through exploration success and key milestone For personal use only achievements to enhance shareholder returns. Western Queen Earaheedy Other Projects Recognition of • Gold production - in Metallurgical testwork • Ad
Slide 22: Connect With Us
CONNECT WITH US For personal use only 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 22 22