Drilling for High Grade Discoveries 121 Mining Investment, Hong Kong March 20-21, 2019 ASX:RTR Image – Maiden Munarra Gully Project RC Drilling which identified a New Significant Copper-Gold Discovery in 2018
Why Invest in Rumble? Discovery Clear Fully Near Term History Strategy Funded Catalysts Technical director Brett Keillor * Generating a * Discovered 7 pipeline of quality significant deposits high grade base and The company is in a Highly leveraged to world wide that turned precious metal strong cash position exploration success into mines projects at various with multiple near * Fully funded with stages of * Twice AMEC Award term catalysts to have $2.2mil in bank to “Prospector Of The development a significant re-rating fast track exploration Year”, for the Plutonic in first 6 months of * Critically reviewing * All projects and Tropicana 2019 against stringent discoveries acquired are low cost criteria * 4 Projects to be drill exploration to test * Thirty years of tested * Negotiate low cost for discovery identifying company upfront optionality * 4 projects drill making projects with * Funded for targeting to be fast * Systematically potential new project majors Resolute and tracked to drill testing explore multiple IGO acquisitions projects to drill test * First 2 drill programs for high grade world with Rumble identified class discoveries base metal & copper- gold discoveries ASX: RTR | PAGE 2
Rumble Achievements and Outlook Since October 2017 • Raised $5mil – November 2017 • Optioned 5 new projects • 1 Strategic Application • Advanced all 6 towards drilling • 2 Fraser R ange projects JV’d with IGO • 2 discoveries • 2 mineralised systems First 6 months 2019 • 4 projects - drill programs scheduled • 4 projects - drill targeting • Fraser Range JV – ongoing exploration ASX: RTR | PAGE 3
Corporate Overview Capital Structure Shares on Issue # 357m Options on Issue 1 2&3 # 25.6M Cash 4 A$ $2.2m Market Cap A$ $20m 1. 10.5mil 8c options (various expiry) 2. 4mil 3c Options (8 September 2020) 3. 11.1mil 15c Options (29 November 2019) 4. As reported in December 2018 Quarterly Board & Management Ownership Analysis Board and Management 10.2% Shane Sikora Managing Director Top 20 38% Brett Keillor Technical Director Matthew Banks Non-Executive Director Michael Smith Non-Executive Director ASX: RTR | PAGE 4
Pipeline of Projects ASX: RTR | PAGE 5
Munarra Gully Cu-Au Project – Cue, Murchison About Project • The Munarra Gully project is located some 50km NNE of the town of Cue within the Murchison Goldfields – Rumble has option to earn 80% of E51-1677 and M51-122 Exploration target(s) • Multiple copper-gold bearing mafic (norite) intrusions deposits. Maiden RC Drill Program – New Significant Cu-Au Discovery • Four RC drill-holes returned significant copper-gold mineralisation from a fine to medium grain intrusive pyroxenite (norite) at the White Rose Prospect • Results included: – 22m @ 1% Cu from 29m coincident with 19m @ 2.19 g/t Au from 33m . Maximum Cu was 2.66% (40-41m). Maximum Au was 11.56 g/t (49- 50m). Image: White Rose Prospect – Copper-Gold Mineralisation over 800m includes RC & aircore drilling • Multi-element geochemistry results confirmed elevated platinum/palladium (PGM’s) with the copper-gold mineralisation discovered at the White Rose prospect: Pt + Pd (to 96ppb), Ag (to 11.4 g/t), Mo (to 116ppm) and Re (0.28ppm) . Low level elevated element associations also noted include Co, Se and REE’s . • XRD (X-ray Diffraction) completed on copper – gold mineralised samples which highlighted idaite (supergene mineral after bornite) and chalcopyrite as the dominant copper minerals in the transitional zone. White Rose Potential • Shallow air-core drilling has extended the strike potential of the copper-gold mineralisation to over 800m, significantly adding scale potential to the project – strike open west and northeast. • New target type - A north-south trending magnetic target tested by the air-core drilling confirmed an ultramafic intrusive (pyroxenite) which returned Ni to 4008 ppm and Cu to 1061 ppm near surface. Image: RC Drill section 615325E – White Rose Prospect ASX: RTR | PAGE 6
Munarra Gully – Potential New Province E51/1677 – Regional Geochemistry Infill lag (soil) sampling defined was successful in defining four high order copper drill targets over a strike of 3.6km. 1. Copper A1 Anomaly – 600m strike, up to 400m wide with copper to 437 ppm 2. Copper A2 Anomaly – 500m strike with copper to 444 ppm 3. Copper A3 Anomaly – 2000m strike with copper to 620 ppm and gold to 35 ppb 4. Copper A4 Anomaly – 200m strike with copper to 916 ppm and gold to 19 ppb • No previous copper exploration has been completed over these new targets . • Additional 4km of potential strike is under cover between the Cu soil anomalism and White Rose Cu – Au mineralisation and is a priority target Style - Mafic Hosted Magmatic Sulphide System Image: Location of Project, Cu in Lag Anomalism and Inferred Prospective Orthopyroxenite • The style of mineralisation is likely magmatic and is atypical with respect to mineralised mafic intrusive systems due to high Cu:Ni ratios, high Au and Ag, low S and elevated PGM’s. • The style is similar to known large copper rich mafic intrusive (ortho-pyroxenite) historical deposits in Brazil (Caraiba mining district – 96Mt @1.82% Cu reserve and production) and South Africa (Okiep mining district – Koperberg – 94Mt @ 1.75% Cu historic production). Gold, silver and PGM’s are associated with these copper deposits . Next Steps Airborne magnetic survey - Survey has commenced to aid in delineating potential Cu-Au bearing intrusives and to help understand structural trends, further assisting current drill targeting work Air core and RC drilling planned April 2019 key objectives include: • Extend the 800m strike of known Cu-Au mineralisation at the White Rose prospect with shallow air core drilling. • Test the recently defined zones (up to 80m wide) of copper-gold mineralisation and the new Ni-Cu target at White Rose prospect, with deeper RC drilling . • Complete air core drilling traverses over the recently defined copper in soil targets and potential strike under cover at E51/1677 ASX: RTR | PAGE 7
Earaheedy Zinc Project - Wiluna About Project • Rumble has the option to acquire 75% of the Earaheedy Project E69/3464 and 100% of E69/3543 - located approximately 110km north of Wiluna, WA Target Potential and Style • Review of historical drilling identified that thirty-five (35) RC and diamond drill holes intercepted zinc mineralisation over an area of 20km by 3.5km within carbonate rocks that are overlain by granular iron formations (Frere Formation). Examples of intersections: o 11.3m @ 4.34% Zn, 0.85% Pb from 150.2m Includes 2.3m @ 14.42% Zn, 1.15% Pb from 150.2m o 35m @ 1.3% Zn from 208m. Includes 6m @ 3.16% Zn from 210.5m. Image: Project Geology, Significant zinc mineralisation over an area of 20km by 3.5km o 20m @ 1.86% Zn, 0.56 % Pb from 103m to EOH. and area of exploration focus Includes 7m @ 3.6% Zn, 1.25% Pb from 103m. o High-grade silver mineralisation was also intercepted and includes 4m @ 559 g/t Ag from 257m (18 oz/tonne Ag) 2m @ 149 g/t Ag from 223m • Rumble is targeting Mississippi Valley Type (MVT) type high angle high grade Zn-Pb deposits • Exploration has shown similarities to the historical Pillara (Blendevale) Zn-Pb deposit located in the Lennard Shelf of WA, with a strike of 2km discovered between 80m to 500m below surface for a resource of 20Mt @ 8.3% Zn, 2.5% Pb, 17ppm Ag 1 Six first Order gravity drill targets Defined • Detailed infill gravity surveys completed by Rumble have been modelled (gravity inversion modelling) with six first order drill targets identified • No historic drill-holes have intercepted the six first order gravity targets Image: Area of Exploration Focus see top image for location: Drill InterceptsGr and Gravity Drill Targets over TMI Aeromagnetics. ASX: RTR | PAGE 8
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