Slide 1: Earaheedy – Emerging World Class
Earaheedy – Emerging World Class For personal use only Zinc-Lead-Silver Resource in Western Australia Corporate ExplorersPresentation| December RIU Conference | 15 February2023 2024 ASX: RTR
Slide 2: Disclaimer
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. T
Slide 3: 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 pit
Slide 4: Global Zinc Uses
Global Zinc Uses Overview Uses For personal use only • Zinc is one of the most versatile and essential materials • 4th most used metal in the world behind iron, aluminum, and 5% 2% Galvanising copper 9% Die-cast alloy • Primary use of zinc is in the galvanizing – 60% of demand 11% • Zinc can be allo
Slide 5: 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 6: 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 7: 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 8: 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 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 Mineral Resou
Slide 9: Globally Significant Pit Constrained Maiden Resource
Globally Significant Pit Constrained Maiden Resource For personal use only 9
Slide 10: 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 infill and extension drilling • Exceptional resource expansion with deposits open in all directions • Mineralisation intersected
Slide 11: Chinook: Resource Growth Potential
Chinook: Resource Growth Potential • 8km x 2km Navajoh Unconformity Zn-Pb For personal use only mineralisation remains open along strike and down dip • Chikamin and Kalitan high- grade feeder enrichment zones (>5%) Zn-Pb remain open • Potential to discover further high-grade MVT and fault related re
Slide 12: Chinook Deposit: Optimised Pit
Chinook Deposit: Optimised Pit • Optimised pits highlight potential for a large tonnage, low-cost For personal use only open pit mining scenario • Higher grade zones close to surface highlight optionality • Optimised open pits constrained to depth of drilling • Significant resource growth potential
Slide 13: Tonka and Navajoh: Resource Growth Potential
Tonka and Navajoh: Resource Growth Potential • 11km x 2km Navajoh Unconformity Unit hosted Zn-Pb mineralisation For personal use only remains open along strike and down dip • Colorado, Magazine and Navajoh high-grade feeder enrichment zones (>5%) Zn-Pb remain open • Mineralisation intersected in bro
Slide 14: Tonka and Navajoh: Resource Growth Potential
Tonka and Navajoh: Resource Growth Potential For personal use only 14
Slide 15: Flat Lying Ore Zones - Open Pit Potential
Flat Lying Ore Zones - 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-cost wast
Slide 16: 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 Host Unconformity Unconformity Dolomite For personal use only cleaner concentrates Feed Grades • Coarse grind size (150 micron)
Slide 17: 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 18: Potential DMS & Ore Sorting benefits
Potential DMS & Ore Sorting benefits • Rumble will trial DMS and Ore Sorting in 2024 for the mineralisation outside the higher-grade Zn-Pb zones - benefits include; o Technique can increase on average ore grade by 2-5 times For personal use only o Removes waste early which can significantly lower th
Slide 19: Beneficiation – DMS/ Ore Sorting/ Hydrofloat testing
Beneficiation – DMS/ Ore Sorting/ Hydrofloat testing • Dense media separation (DMS) is one of several preconcentration methods used in early For personal use only waste rejection of ores at coarse particle sizes, before additional milling and flotation. • Initially used in the diamond, coal and iron
Slide 20: Exploration Success – Mato Discovery
Exploration Success – Mato Discovery New Mato Discovery – 10km west of Chinook has the hallmarks of a large mineralising system which potentially could further enhance the potential For personal use only economics and development of Earaheedy into a world class base metal camp. • 16m @ 5.09% Zn + Pb
Slide 21: Exploration Success – Mato Discovery
Exploration Success – Mato Discovery For personal use only 21
Slide 22: Mato Resource Potential
Mato Resource Potential For personal use only 22
Slide 23: Earaheedy – Targeted increases in Regional holdings
Earaheedy – Targeted increases in Regional holdings For personal use only 23
Slide 24: Rumble’s other Western Australian Projects
Rumble’s other Western Australian Projects For personal use only 24
Slide 25: 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 26: Corporate Overview
Corporate Overview Capital Structure (RTR:ASX) Board of Directors Management For personal use only Shares On Issue (m) 700.6 Peter Harold Brett Keillor 1,2 Managing Director & CEO Technical Consultant Unlisted Options (m) 12 Market Capitalisation4 (A$m) ~48 Peter Venn Ben Jones Cash and Equivalents
Slide 27: Catalysts for re-rate of Rumble in 2024
Catalysts for re-rate of Rumble in 2024 1. Drill Programs at Earaheedy For personal use only Advance the recently delineated Mato Discovery Target high-grade feeder zones at Chinook, Tonka and Navajoh to upgrade and expand the maiden resources 2. Flotation Testwork Optimisatise recoveries and
Slide 28: Simple message
Simple message 1. We have a lot of zinc For personal use only 2. Zinc fundamentals look great 3. Small cap resources are cheap Lion Selection Clock – December 2023 3. Buy Rumble 28
Slide 29: Contacts
Contacts For personal use only Peter Harold Managing Director & CEO info@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 29
Slide 30: 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