Rumble Resources Limited · ASX:RTR
Rumble Resources — Shareholder Meeting (November 2024)
22 slides from Rumble Resources's shareholder meeting presentation, Nov 28, 2024
Slide 1: AGM Presentation
For personal use only 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 AGM Presentation 28 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: Corporate Overview
CORPORATE OVERVIEW For personal use only Capital Structure (RTR:ASX) Share Price (12 months) Shares On Issue (M) ~903 $0.120 12,000,000 1,2 Volume RTR A$ Share Price Unlisted Options (M) 8 $0.100 10,000,000 3 Market Capitalisation (A$M) ~45 $0.080 8,000,000 Cash and Equivalents4 (A$M) ~6 $0.060 6,00
Slide 4: Vision, Mission and Our People
VISION To become a leading Australian resources company, AND delivering significant value and growth through resource discoveries and innovative exploration in Western Australia. MISSION For personal use only To enhance shareholder value by identifying and developing mineral assets, with a focus on
Slide 5: Clear Strategy – Near Term Cashflow & Growth
CLEAR STRATEGY – NEAR TERM CASHFLOW & GROWTH Overarching Goals • Grow resources at Western Queen • Generate cashflow so we are self-funding For personal use only • Advance Earaheedy and attract a major resource company Western Queen – gold • Grow gold inventory through targeted exploration • Get int
Slide 6: Our Projects
OUR PROJECTS Western Queen • Discovery drilling ongoing • Resource Upgraded to ~287koz gold resource1 For personal use only • 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
Slide 7: Western Queen – High-Grade Gold
WESTERN QUEEN – HIGH-GRADE GOLD • 76% Increase in Mineral Resource Estimate (MRE) reported in October 2024 For personal use only • 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 •
Slide 8: Western Queen – 76% Increase in Resources to 287koz
WESTERN QUEEN – 76% INCREASE IN RESOURCES TO 287KOZ For personal use only Western Queen Gold Deposit Longitudinal Section – Highlighting Previous Production, Resources and Potential New Resource Areas 8
Slide 9: 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) 9 9
Slide 10: 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 For personal use only 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 3,300o
Slide 11: Western Queen South – Drilling & Towards Production
WESTERN QUEEN SOUTH – DRILLING & TOWARDS PRODUCTION Recent Drilling • Has extended and potentially revealed new mineralisation For personal use only • 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 20
Slide 12: ~20,000m Drilling Campaign – Multiple High-Grade Targets
~20,000M DRILLING CAMPAIGN – MULTIPLE HIGH-GRADE TARGETS For personal use only 12
Slide 13: Heading Towards Production – Bain Global/MEGA Deal
HEADING TOWARDS PRODUCTION – BAIN GLOBAL/MEGA DEAL Term Sheet1 with Bain Global/MEGA • Key terms • Bain & Rumble to form JV to develop 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 developme
Slide 14: More Potential – Tungsten
MORE POTENTIAL– TUNGSTEN WQDD013 intersections1: • 4m @ 4.58% WO3, For personal use only 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
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 For personal use only drilling with potential to significantly grow resources with infill 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 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% Zn) • High
Slide 20: Metallurgy – HydroFloat – Groundbreaking Innovation
METALLURGY – HYDROFLOATTM – GROUNDBREAKING INNOVATION Summary - Hydrofloat results are compelling and demonstrate a coarse grind P80 up to 310 micron for rougher flotation of the HydrofloatTM concentrate, produced similar recoveries (86% Zn For personal use only and 86% Pb) to conventional flotation
Slide 21: Key Deliverables – Next Months
KEY DELIVERABLES – NEXT 12 MONTHS Driving value creation through exploration success and achieving For personal use only key milestones to drive shareholder value. Western Queen Earaheedy Other Projects Recognition of Gold resources increase - Metallurgy – confirmed • Advanced via True Value fro
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
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