Slide 1: A multi-commodity story with potential near term gold production
A multi-commodity story with potential near For personal use only term gold production South-West Connect Corporate Presentation| | 6 June2023 December ASX Showcase Broker/Investor Lunch Presentation 2024 Peter Harold – MD & CEO Wednesday 16 October 2024 Recent drilling at Western Queen
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: The Six Ps
The Six Ps • People For personal use only • Projects • Production • Profitable • Potential • Partnerships 3
Slide 4: Good People
For personal use only Good People 4
Slide 5: Projects - The Rumble Package
Projects - The Rumble Package Western Queen • 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, low-cost o
Slide 6: Western Queen – High-Grade Gold
Western Queen – High-Grade Gold Key Points • Resource – 4.4Mt @ 2.02g/t Au for 287koz For personal use only • 76% Increase in Mineral Resource Estimate • Historical production - 880kt @ 7.6g/t Au for 215koz • Well located – 100km radius of 3 gold plants, on granted mining leases • Geology - The West
Slide 7: Western Queen – 76% Increase in Gold Resources
Western Queen – 76% Increase in Gold Resources For personal use only Combined open cut and underground resource for the Western Queen project, refer 15 October 2024 ASX release 7
Slide 8: Western Queen – 2.7km zone – open in all directions
Western Queen – 2.7km zone – open in all directions Previous Drilling & Targets For personal use only Immediately below the WQ South, multiple high- grade lodes exist which are open at depth. Previous intercepts including: • 4m @ 49.73 g/t Au from 134m (QND38975-1) • 5m @ 38.76 g/t Au from 193m (WQR
Slide 9: Western Queen – Never Never Comparison
Western Queen – Never Never Comparison For personal use only Western Queen South comparison to Spartan’s Never Never 9
Slide 10: Western Queen – Other Targets along the Shear Zone
Western Queen – Other Targets along the Shear Zone Targets For personal use only • 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 three RC holes is the only drilling that exists between Duke and Cranes • Cranes h
Slide 11: Western Queen South – drilling & towards production
Western Queen South – drilling & towards production Recent Drilling • Has extended and potentially revealed new For personal use only 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 20
Slide 12: More Potential - Tungsten
More Potential - Tungsten WQDD013 For personal use only 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 • 0.65m @ 18.35% WO3 ,2.97g/tAu from 176.85m WQDD013 intersection under UV light Source: Group 6 Metals Noosa Presentation 17 Jul
Slide 13: 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 14: 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 15: Globally Significant Pit Constrained Maiden Resource
Globally Significant Pit Constrained Maiden Resource For personal use only 15
Slide 16: 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 17: 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 For personal use only Feed Grades • Coarse grind size (150 micron)
Slide 18: Key Deliverables – next months
Key Deliverables – next 12 months • Western Queen For personal use only • Gold resources increase – from 163kozs to 287kozs, 76% upgrade • Gold production options via partnership • Add to MRE through drilling • Tungsten – maiden resource • Earaheedy • Metallurgy – Flotation optimisation, comminution
Slide 19: Gold & Base Metals – the outlook is positive
Gold & Base Metals – the outlook is positive For personal use only 19
Slide 20: Contact
Contact 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 20
Slide 21: Corporate Overview
Corporate Overview Capital Structure (RTR:ASX) Board of Directors Management Shares On Issue (m) ~780 For personal use only Peter Harold Brett Keillor Unlisted Options 1,2 (m) 12 Managing Director & CEO Technical Consultant Market Capitalisation3 (A$m) ~45 Peter Venn Ben Jones Technical Director Chi