Drill Testing a Pipeline of Projects Capable
- f World Class Discoveries
ASX:RTR
of World Class Discoveries AGM Presentation 29 th November 2019 2019 - - PowerPoint PPT Presentation
ASX:RTR Drill Testing a Pipeline of Projects Capable of World Class Discoveries AGM Presentation 29 th November 2019 2019 Highlights and Outlook Since January 2019 4 Projects drill tested for discovery Raised $5.25mil * 2 new
ASX:RTR
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* 2 new mineralised systems discovered * 2 high-grade mineralisation discoveries
Image: Western Queen Central Deposit
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Capital Structure Shares on Issue # 446m Unlisted Options on Issue 1 2 3 4 5 # 47.8M Cash 6 A$ $4.32m Market Cap A$ $28m Board & Management Shane Sikora Managing Director Brett Keillor Technical Director Matthew Banks Non-Executive Director Michael Smith Non-Executive Director Steven Wood Company Secretary Mark Carder Exploration Manager
Ownership Analysis Board and Management 10.58% Top 20 33.5% RTR Price Chart 12months
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*Commenced
Western Queen Au Project
*Commenced
Lamil Cu-Au Project
* Planned early December 2019
Earaheedy Zn-Pb Project
* Planned early December 2019
Munarra Gully Cu-Au-Co Project
*Planned January 2020
Long Lake Ni-Cu-PGM Project
*Planned February 2020
Munarra Gully Cu-Au-Co Project
*Planned February 2020
Thunderstorm Ni-Cu-Au Project
*Planned March 2020
Braeside/Barramine Zn–Pb–Cu–Ag-Au–V Project.
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NW of Mt Magnet
deposits with a combined historic production of 840,000t @ 7.8 g/t Au for 210,000oz
962,000t @ 3.9 g/t Au for 120,000oz
Image : Project Location with Neighbouring Gold Processing Faculties Image: Western Queen Project – Location of High Order Area/Targets
Western Queen Central – Drill Targets
Western Queen South – Drill Targets
Cranes Prospect – Drill Targets
Main Shear Zone – Drill Targets
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Western Queen Central - Deep RC commenced drill testing targetting the down plunge position of the main shoot of the Western Queen Central pit * High-grade gold is open down plunge - 6.3m @ 36.09 g/t Au from 305.7m & 11.8m @ 16.08 g/t Au from 340.4m Western Queen Central North Extension – RC drilling commenced testing for extensions to high-grade mineralisation north of Western Queen Central * High-grade gold is open down plunge, up plunge and north along strike - 7m @ 60.6 g/t Au from 70m and 6m @ 37.34 g/t Au from 50m Western Queen Central South Extension – RC drilling commenced testing for extensions to the shallow mineralisation south of the Western Queen Central historic pit * High-grade gold is open down plunge and south along strike - 2m @ 40.37 g/t Au from 4m and 3m @ 10.42 g/t Au from 1m
Image – Long Section highlighting Western Queen Central South, Central and North Extension – Multiple Drill Targets
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situated above the recognised mineralised dolomite unit which holds the lower grade MVT Zn mineralisation (Zn horizon - 20km by 3.5km)
Zn–Pb deposits on the western margin where mineralisation is inferred to come to surface and has no previous drilling - 13kms of strike in two shallow sandstone sub basins
mineralised with over half ending in mineralisation. Drilling intercepts include:
Next Steps
Image – Highlighting the two sandstone sub basins with over 13kms of shallow drill target zones and new applications. Image – Longitudinal Sections highlighting higher grade Zn-Pb in Sandstone unit above Dolomite
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structural zone as the main control for significant copper, gold and cobalt mineralisation within the Munarra Gully Project.
significantly upgrades the prospectivity for large mafic hosted copper gold deposits
Munarra North Cu-Au, White Rose Cu-Au and Co Prospects
High-Grade Cobalt-Platinum Prospect
lateral Co-Pt mineralisation. Intercepts included:
Next Steps
Image – Co Prospect – Location of Planned Drilling (Dec 2019) over Magnetics Image– Munarra Gully Project – Location of Prospect over Regional Magnetics
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strike of 6km - completely open
White Rose which is constrained to a strike length of 350m, however at Munarra North the large scale tonnage potential is compelling with over 6km’s of strike and completely open
partial copper assaying completed on 5 diamond drill holes (also some very limited RC holes) at Munarra North. Historic Cu-Au-Ag intercepts (partial) include:
Significant Au mineralisation (not tested for Cu) including:
Broad zones of alteration and anomalous Au (not tested for Cu) including:
Next Steps – Munarra North
Commencing early December 2019
Image: Munarra North Prospect – Drill Hole Location Plan with Significant Results
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About JV Project
(ASX:A1M) to earn 65% within 5 years
Greatland Gold - Havieron Gold-Copper Discovery
Image: Lamil Project located in between Nifty and Telfer
Main Target
Lamil dome structure (Target P1 – “Lamil Dome”)
rocks to the Telfer Au – Cu deposit (32Moz Au, 1Mt Cu resource), a large dome structure which lies 30km to the northeast
Next Steps
In November 2019 AIC commenced its initial phase of field work which will ultimately guide targeting of future drilling programs including:
Image: Location of Four High priority targets Image: Target P1 – Series of Upward Continued Magnetic Images highlighting the Lamil Dome which has a similar dome size, trend and host rocks to the Telfer Dome
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About Project
Thunderstorm JV Project
Significant high-grade gold discovered on wide spaced air core drilling (1.5km by 400m pattern) completed by IGO
into basement rocks returned:
Potential
channel and basement gold deposits.
in the Fraser Range in recent years outside of the Tropicana gold system.
and 18AFAC20486), a distance of 11km (13km by drainage) highlighting the scale potential.
Next Steps
commence February 2020
Image: Thunderstorm JV Project – Main Au over Palaeo-drainage (from Spectrem AEM) Image: Themis Prospect - Section with Significant High-Grade Au Intercept
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Image: 60kms of mineralisation with Defined Targets Highlighted
a Regional Scale Porphyry to Epithermal System from surface
mineralised strike and up to 8km wide
Next Steps
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Inferred Extension the ‘Copper Cliff Offset Dyke System’
200 million tonnes of ore - The southernmost deposit discovered to date is at Kelly Lake with a reserve of 10.5 Mt @ 1.77% Ni, 1.34% Cu and 3.6 g/t PGM.
Cliff Offset Dyke system’ that has been moved west by later regional faults - some 10km SW of the Kelly Lake Ni-Cu-PGM deposit.
Next Steps
Image: Inferred Copper Cliff Offset Dyke extension moved west – Location of GTEM Surveys Image: Location of the Long Lake Projects and the Deposit Types of the Sudbury Basin.
reserves and resources.
elliptical igneous body called the Sudbury Igneous Complex (“SIC”). The current model infers the SIC was formed some 1,844 million years ago after sheet-like flash/impact melting of nickel and copper bearing rocks by a meteorite impact. Important: Nearly half of the nickel ore at Sudbury
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Disclaimer;
provided in summary form and does not purport to be complete. This pres entation is not to be distributed (nor taken to have been distributed) to any persons in any jurisdictions to whom an offer or solicitation to buy shares in the Company would be unlawful. Any recipient of the presentation should observe any such restrictions on the distribution of this presentation and warrants to the Company that the receipt of the presentation is not unlawful. It should not be considered as an offer or invitation to subscribe for or purchas e any s ecurities in the Company or as an inducement to make an offer or invitation with respect to those s ecurities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation or any information, opinions or conclusions expressed in the course of this presentation. This pres entation is not a prospectus, product disclosure document or other offering document under Australian law or under any other law. It has been prepared for information purposes only. This pres entation contains general summary information and does not take into account the investment objectives, financial situation and particular needs of any individual investor. It is not financial product advice and investors should obtain their own independent advice from qualified financial advisors having regarding to their objectives, financial situation and needs. Rumble nor any of their related bodies corporate is licensed to provide financial product advice.
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necessary infrastructure agreements. In relation to any statements pertaining to future exploration targets or conceptual exploration targets, the nature of the exploration target means that the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource. This pres entation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Rumble's other periodic and continuous disclosure announcements lodged with the ASX, which are available
exploration programme, outlook and target sizes. They include statements preceded by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions.
Competent Person Statement:
Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Keillor consents to the inclusion in the pres entation of the matters based on his information in the form and context in which it appears.
July 2019, 4 April 2019, 12 March 2019, 12 February 2019, 6 February 2019, 17 December 2018, 27 November 2018, 30 August 2018 and 9 August 2018. The resource for the Western Queen Au Project was disclosed in the ASX announcement dated 6 August 2019. Rumble is not aware of any new information or data that materially affects the information included in that relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.
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