RUMBLE RESOURCES LIMITED — AGM Information 2017

Nov 22, 2017

Image – Ragged Hills East Prospect - Braeside Project (New Gossan Discovery - 29.3% Zinc )

Image - Sugar Ramos Prospect - Massive Galena Zone – Braeside Project (New Lead Gossan Discovery 42.76 % Pb, 72 g/t Ag, 1.45 g/t Au)

AGM Presentation November 2017

Why Invest in Rumble?

Braeside High Grade Zn – Pb – Cu – Ag - Au – V Project, Pilbara Western Australia

Barramine High Grade Cu-Pb-Zn- Ag Project , Pilbara Western Australia

Earaheedy High Grade Zn Project , Western Australia

Fraser Range Ni -Cu Projects, Western Australia

Corporate

• Hosts many historic high grade base metal small-scale mines that produced lead, zinc and silver up until 1959.
• High grade grab sampling assays returned up to 29.31% Zn, 79% Pb, 17.48% Cu, 325 g/t Ag, 13 g/t Au and V 1.03% along 30km of strike within a potential 60km strike system
• Rumble conducting the first modern systematic exploration targeting porphyry related VMS systems capable of hosting large base metal deposits identified through Litho-ghechemistry
• Exceptional exploration results with Vtem Conductors, Significant Mineralised trends, Mineralised Gossans and high grade rock chips targets identified with drilling commenced
• 30 km's of pebble Conglomerates identified in desktop study considered similar to Witwatersrand-style conglomerates that host gold mineralisation in Eastern Boundary
• Unique project with exposure to potential base metal and conglomerate gold discoveries
• High grade prospects of up to 25.32% Cu, 279 g/t Ag, 6% Pb and 1.8% Zn not tested by modern exploration
• Historical drilling high-grade zinc up to 18.6% within an intersection 3.3m @ 11.2% Zn, and 0.93% Pb from 150m.
• The target size is similar to the Pillara (Blendevale) Zn Pb deposit located in the Devonian limestones of the Lennard Shelf, which produced 10.3 Mt @ 6.9% Zn and 2.3% Pb
• JV with major Independence Group NL (ASX: IGO) who will explore and earn in on Rumbles Fraser Range Projects.
• Rumble is leveraged to exploration success with base metal prices breaking out and a lack of new discoveries
• Key Technical director Brett Keillor found 7 significant deposits world wide, awarded prospector of the year twice and over thirty years of identifying company making projects
• The company is in an exceptionally strong position with $6mil in bank to fast track exploration, along with reviewing potential new project acquisitions.
• Clear strategy to identify, review, acquire and systematically explore high grade projects that compliment Rumbles existing projects and meet the company's stringent technical criteria

Corporate Overview

Capital Structure
Shares on Issue	#	352m
Issue 1& 2Options on	#	10M
Cash 3	A$	$6m
MarketCap	A$	$26m

• 1. 6mil 8c options
• 1. 4mil 3c Options
• 1. Includes $4.8m raise, $93.5k incl gst received from IGO and cash as reported in September Quarterly

Board & Management

Shane Sikora	ManagingDirector
Brett Keillor	Technical Director
Matthew Banks	Non-Executive Director
Michael Smith	Non-Executive Director

Ownership Analysis

Board and Management	9.5%
Top 20	34%

Mr Brett Keillor – Key Technical Appointment – Nov 2016

• Geologist with over 30 years experience in targeting large deposits and identifying company making projects.
• He worked on and reviewed exploration and development projects across the globe with Resolute Mining and was recently Chief Geologist (Gold) for the Independence Group (ASX: IGO) from 2002 to 2015.
• Brett has been instrumental in discovering seven significant deposits globally
• Brett is twice recipient of the AMEC Award "Prospector Of The Year", for the Plutonic discovery in 1998 and again in 2012 for the Tropicana discovery.

Braeside Project, Pilbara Western Australia

• Braeside Project area is over 1000 km²
• Hosts many historic high grade base metal small-scale mines that produced lead, zinc and silver up until 1959
• Project geology is dominated by mafic to intermediate volcanics and felsic volcanics of the late Archaean Fortescue Group.
• Felsic volcanics are same age as the lead mineralisation at the Ragged Hills Mine.
• Largest succession of felsic volcanics within the entire Fortescue Group.
• Project has limited modern exploration
• Region hosts multiple world class ore bodies

Conceptual Model for Braeside Project

Whole rock litho-geochemistry (completed by Rumble) was conducted on the footwall and hanging wall (proximal and distal) wall-rock zones to the main reef at the Ragged Hills Mine. Fresh unaltered basalt was located away from the mineralisation zones to use as a relative standard. In addition, fresh samples of porphyritic rhyolite of the Koongalling Felsic Volcanics were analysed for fertility classification. Age dating (historic) confirmed the potential bimodal association for the Koongalling Felsics (rhyolites) and the host rock to the mineralisation at the Ragged Hill Mine – Kylena Basalt. Pb dating of the mineralisation at the Ragged Hills Mine also had a similar age to the Koongalling Felsics.

Based on the on the lithogeochemistry, the Ragged Hills Mine mineralised structure likely represents a deep feeder fracture with underlying sub- volcanic porphyritic rhyolite. There is potential for VMS/porphyry related breccia pipe base metal deposits and if higher levels (sub-sea floor) are discovered, potential for VMS.

Examples of pipe-like base metal deposits include the Elura Zn - Pb – Ag mine (Cobar, NSW). Elura comprises of 6 pipes ranging from 120m to 30m in diameter – pre mining resource of 50.7 Mt @ 8.8% Zn, 5.6% Pb, 107 g/t Ag and 0.2% Cu.

Braeside Historic Exploration & Mining

Historic small scale mining – 1901 to 1959 only focused on high grade Pb (Massive Galena) which formed in visual pods. Sphalerite (zn) was not targeted as it wasn't easy to be visibly identified.

Approximately 50,000t of tailings remain on site. Historic surface sampling of dump returned average 3.47% Pb, 1.72% Zn and 22 g/t Ag.

Limited DD drilling – 10 holes completed in 1928 and 1951 with 5 holes intercepted mineralisation (one hole failed to reach target).

Results include: (Both intercepts are at a vertical depth of 70m.)

• AW #2 1.83m (true width) @ 8.1% Pb, 4.6% Zn and 0.2 oz/t Ag.
• MD #2 0.9m @ 6.5%Pb, 3.1% Zn and 0.4 oz/t Ag.

Surface geochemistry limited.

• No systematic multi-element soil/lag sampling.
• Only rock chip sampling of known prospects.
• Limited reconnaissance grab sampling (approximately 100 samples)

Previous explorers (1980's to early 1990's) were focused on evaluating gold potential.

• Small exploration companies only tested the known workings.
• Large companies focused east and south of the project area.

Image: Ragged Hills Mine with Marble Bar Telfer Road in Background

Image: Valentine Tank (WW2) used to power the Ragged Hills Mine

Systematic Exploration Process

• Rumble's technical team is systematically exploring the Braeside Project with the intention to generate first order VMS feeder pipe targets using proven, modern exploration techniques.
• Rumbles exploration program is the first modern systematic exploration program being undertaken at the Braeside High Grade Zinc – Lead Project.
• Rumble is fast tracking exploration as per the stages outlined below.
• The Company expects to complete the stage 5 drill testing of any first order porphyry related VMS targets identified prior to the end of 2017.

Rumble is fully funded to complete all 5 stages of planned exploration

Stage	ExplorationActivity	Progress
Stage1	Regionalsoilgeochemistry(multi-element)tocoverBraesideProjectArea	Completed
Stage2	FlyAirborneVTEM	Completed
Stage3	Infillgeochemistryovermetaltrendsandconductors(generatedbyVTEMinStage2)tohelprankkeydrilltargets	Completed
Stage4	GroundTEMsurveysovertheidentifiedVTEMconductorsandhigh-gradebasemetalmineralisation	Completed
Stage5	Drilltestconductiveplatesandhigh-gradebasemetalmineralisation	Commenced

Stage 3 - Infill Soils and Rock Chip – E45/2032

• Grab sampling over soil anomalism, VTEM conductors and mineralised structures has highlighted numerous highgrade zinc, lead and copper targets with significant gold, silver and vanadium.
• Additional to known high grade historic workings and mineralised trends, new zones of high grade mineralisation were discovered.
• Very high-grade base metal mineralisation is associated with wide zones of silica sericite with strong potassic barium alteration. Zones are sub vertical and up to 30m wide.
• Base metal mineralisation (rock chip) returned very high grades: Lead to 49.22% (25% of grab samples collected > 5% Pb) *BR111 - 42.76% Pb, 72 g/t Ag, 1.45 g/t Au Zinc to 29.31% (Gossan) Copper to 17.4% * BR155 - 14.55% Cu, 17.29% Zn, 1.37%Pb • Precious metal mineralisation reported: Silver to 239 g/t Gold to 1.45 g/t
• Significant vanadium mineralisation returned up to 1.03%
• Strong base metal anomalism discovered over VTEM conductors. Gossans reported up to 0.91% Cu and 1.12% Pb
• Grab sampling was restricted to approximately half of the high order base metal in soil anomalies, conductors and known prospects currently defined by Rumble.
• Rumble has put in place plans to access these targets in the new year providing further high order targets in 2018.

Image: Mineralised Structure at Braeside

Ragged Hills Mine Area

Mineralisation within wide (30m) silica-sericite alteration zone.

• o K Ba Alteration (Potassic Barium).
• o Strong Zn Pb sulphide mineralisation in wall rock/alteration zone.
  • Grab sampling by Rumble (March 2017) of wall rock returned.
    • o Pb values of 11.94%, 4.75%, 4.96% and 3.44%
    • o Zn values of 0.75%, 0.52% and 0.51%

VTEM conductor along strike and south - Ragged Hills Pb – Zn Mine.

• o Strong soil (Zn and Pb) anomalism coinciding with conductor trend.
• o Mineralised structure (hosting known mineralization) coincides with conductor trend.
• o No systematic grab sampling or drilling north and south of Ragged Hill Mine

Ragged Hills East Area

• High grade Zn gossan delineated on parallel zone to Cassius Clay.

  • o BR148 returned 29.31% Zn

• Low grade disseminated Zn and Pb mineralisation in fault bounded dolomites. o Values include Pb 0.6% and 0,47%. Zn 0.43% and 0.28%.

• South of the mineralised dolomites and parallel to the main Ragged Hills East Zone.

  • o High grade Cu and Pb associated with an inferred fault zone.
    • Pb – 49.22% and Cu – 9.75%.

• VTEM conductor NNE of along strike from Cassius Clay Prospect lies under cover - Prospecting delineated minor gossan float Zn to 0.22%.

• The main Ragged Hills East trend consists of a line of small workings over a strike of 2km.

  • o Systematic grab sampling by Rumble returned high grade Pb assay with associated Zn and Ag
    • Pb assays ranged from 8.98% to 36.98%.
    • Peak assay for Zn 3.84%, Ag – 103 g/t.
  • o Mineralisation ranged from 1m to 3m in width with generally moderate alteration selvages.

• No drilling or modern exploration has been conducted in the Ragged Hills East Area.

Devon Cut Prospect Area

Devon Cut Trend

• Southeast along strike (500 800m) grab sampling returned significant grades in association with the same style of alteration as the Devon Cut Prospect.
• o Pb returned 32.67% and 13.68%.
• o Zn returned up to 5.75%
• o Au was elevated up to 0.19 g/t, V to 0.2% and Ag to 38 g/t.
• South of Devons Cut (1.2 km) and on a parallel mineralised trend, high order Zn in soil anomalism > 300ppm returned anomalous base metals.
• o Grab samples returned up to 0.98% Pb and 0.55% Zn.

Western Conductor Zone

• Approximately 1km west of the Devon Cut Mineralised trend, a strong VTEM conductor (3km long) was partly tested by grab sampling.
  • o Prospecting over the conductor returned significant base metal anomalism. Multiple gossans in mafic volcanics were found.
    • Grab sampling returned Cu to 0.91% and Pb to 1.12%.
• High grade Pb and Ag was found close to the eastern boundary of E45/2032.
  • o BR047 assayed 44.8% Pb and 239 g/t Ag.

Mt Brockman Area

Mt Brockman 1 Prospect

• High-grade Pb with anomalous Ag and Au
  • o Pb assays returned 40.68% and 19.66%
  • o Ag returned 136 g/t and 26 g/t, Au returned 0.25 g/t and 0.22 g/t
• Widespread silica sericite alteration. Zone up to 15m wide.

Mt Brockman 2 Prospect

• Silica-sericite alteration up to 10m wide
• High-grade Pb 43.43%
• Strong wall rock mineralisation with Pb returning 1.56%, 1.34% and 0.47%

Iron Mike Prospect

• Multiple VTEM conductors associated with strong Zn in soil anomalism.
• Wide zones of silica sericite alteration Elevated Pb background 0.33%, 0.24% and 0.2%
• Mineralised dolomite returned 0.21% Pb and 0.13% Zn.

Moxams Prospect

• Moxam mineralised trend strikes over 2km with a VTEM conductor, anomalous Pb in soils, strong alteration and rock chip anomalism.
  • o Pb returned up to 18.19% at the Moxam workings wall rock returned 1.17% Pb.
  • o Alteration along the trend returned 0.44% Pb, 0.31% Pb and 0.19% Zn.
• North (2km) of Moxams, two grab samples returned 4.29% Pb and 1.68% Pb (over a conductor)

Sugar Ramos & Butterbean Prospect Area

Sugar Ramos Prospect – New occurrence – (See Image front Page)

• Widespread silica sericite alteration (up to 20m wide) with strong potassium and barium.
• High-grade Pb 42.76% and 27.59%
• Strong Au anomalism 1.45 g/t.
• Strong wall rock mineralisation 1.13% Pb.
• New discovery with multiple massive galena zones.

Butterbean Prospect

• Strong silica sericite alteration with high order Pb in soil anomalism.
• Mineralised structure with anomalous Pb and ZnPb returned 1.35% and 0.36%, Zn returned 0.28%

Hitman Hearns Target Area

• A significant VTEM conductor is coincident with a major north trending fault structure.

  • o The structure is in contact with flat lying to slight west dipping shales, dolomites, cherts and volcaniclastics to the west and intermediate to mafic volcanics to the east.
  • o The VTEM conductor is over 2 km in strike.
  • o Limited grab sampling has returned anomalous Pb and Zn
    • Pb returned assays to 0.89% and 0.21%. Zn returned 0.17%

• North trending faults in the volcanics returned anomalous Cu o Grab sample BR108 reported 0.97% Cu.

• Significant base metal in soil anomalism (some anomalies related to main structures) east of the main conductor zone has not been ground checked.

Barker Well Prospect Area

Barker Well Conductor

• A large north trending conductor (over 2km strike) coincides with a main fault structure which is associated with two small prospects/workings known as Barker Well. The fault transects mainly intermediate and mafic volcanics. The southern end of the conductors is in contact with dolomite and mafic volcanics.
  • o Two prospects returned high grade Pb.
    • Reported Pb values include 38.1% and 24.04% with anomalous Zn 0.78% and 0.32%
    • South of the southernmost prospect, widespread silica sericite alteration (8m wide) with significant K-spar returned strong Pb anomalism – 4.23%.

Braeside Pebble Conglomerates

• Desktop review of the Braeside Project has identified significant areas of the Lower Fortescue Group (Hardey Formation) which is highly prospective for conglomerate hosted gold.
• The review has identified 30km of strike of pebble conglomerates associated with the Warroo Hill Member of the Fortescue Group Hardey Formation.

Braeside Pebble Conglomerates

The targeted stratigraphy is considered similar to Witwatersrand-style conglomerates that host gold mineralisation that are associated with the recent gold discoveries by Novo Resources (TSX-V: NVO) at its joint venture project with Artemis Resources (ASX: ARV) in the western Pilbara region.

Option to Acquire Barramine Project

• High-grade Cu, Pb, Zn and Ag prospects have not been tested by drilling or modern exploration

• The same geology and structure that hosts the historic high-grade Braeside Project Zn and Pb mineralisation extends into the Barramine Project

• Strategic opportunity to secure further prospective ground in the Braeside project area that may host significant porphyry and VMS base metal deposits

• Option to earn up to 70%

• Historic rock chip and channel samples collected confirms the high-grade nature of the project with assays up to 25.32% copper, 279 g/t silver, 6% lead and 1.8% zinc

• Recent exploration by Rumble within the Braeside Project identified significant base metal trends and VTEM conductors that appear to extend north into the Barramine Project highlighted in Images below

ASX: RTR | PAGE 20

Option to Acquire Earaheedy Project

• Rumble has the option to acquire 75% of the Earaheedy Project
• Wide spaced drilling has defined stratiform zinc and lead mineralisation over 20km of strike within carbonate sediments of the lower sedimentary units of the Earaheedy Basin (Proterozoic) in Western Australia.
• Historical drilling intercepted high-grade zinc up to 18.6% within an intersection 3.3m @ 11.2% Zn, and 0.93% Pb from 150m. Other drill-holes include 2m @ 8.23% Zn and 2.77% Pb from 103m.
• Coarse grain sphalerite (Zn) and galena (Pb) with pyrite and marcasite occurs as breccias, veins and replacement zones within carbonates.
• Rumble plans to commission a detailed gravity survey to compliment the magnetics with the aim to delineate basement structures and directly define high density sulphides to drill test.

Structural Contours (Zn%-m) Drill Holes Intercepting Mineralised Horizon. Project Location and Regional Geology – Earaheedy Project – E69/3464

Earaheedy Project Potential

• The mineralisation style is similar to Mississippi Valley Type (MVT) large high grade base metal deposits that include the Devonian Lennard Shelf deposits of the Kimberley Region of Western Australia.
• The target size is similar to the Pillara (Blendevale) Zn – Pb deposit located in the Devonian limestones of the Lennard Shelf, Kimberley Region, Western Australia which produced 10.3 Mt @ 6.9% Zn and 2.3% Pb. Of note, the discovery drill-hole (8m @ 8.9% Zn, 3.5% Pb below 210m) at Pillara, was the 136th drill hole in the area.

Southeast Portion of Earaheedy Project Zn:Pb Ratio of Mineralisation in Drill Holes over Aero-Magnetic Coloured TMI Image.

ASX: RTR | PAGE 22

• Joint Venture Agreement signed with leading base metal and gold miner Independence Group NL (ASX: IGO) on Rumbles highly prospective Fraser Range Projects in Western Australia
• IGO to earn 70% equity in Rumble's 100% owned Fraser Range tenements
• Rumble to be free-carried through to completion of a Pre-Feasibility Study on any of the Fraser Range tenements
• Rumble to benefit from IGO's extensive expertise as the dominant regional player in the Fraser Range
• IGO to be actively exploring on all 3 of the projects

• Base metals breaking out to 10 year price highs with lack of discoveries
• First modern systematic program at High Grade Braeside Project which has porphyry related VMS potential of hosting large base metal deposits
• Drill testing of High Grade base metal targets identified at Braeside has commenced
• Company is in an exceptionally strong position with $6mil in bank
• Successful Technical Director has discovered 7 significant deposits
• Rumble provides significant leverage to any exploration success
• Multiple high grade discovery opportunities with Rumbles list of quality Projects

Contacts & Project Locations

Shane Sikora, Managing Director s.sikora@rumbleresources.com.au

Brett Keillor, Technical Director b.keillor@rumbleresources.com.au

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 presentation 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 purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. 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 presentation 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 presentation 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.
• This presentation and information, opinions or conclusions expressed in the course of this presentation contains forecasts and forward looking information. Such forecasts, projections and information are not a guarantee of future performance, involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied.
• There are a number of risks, both specific to Rumble, and of a general nature which may affect the future operating and financial performance of Rumble, and the value of an investment in Rumble including and not limited to title risk, renewal risk, economic conditions, stock market fluctuations, manganese demand and price movements, timing of access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve estimations, native title risks, foreign currency fluctuations, and mining development, construction and commissioning risk.
• You should not act or refrain from acting in reliance on this presentation, or any information, opinions or conclusions expressed in the course of this presentation. This presentation does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the prospects of Rumble. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. Recipients of this presentation must undertake their own due diligence and make their own assumptions in respect of the information contained in this presentation and should obtain independent professional advice before may any decision based on the information. No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information, opinions and conclusions expressed in the course of this presentation. To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law, no responsibility or liability is accepted by the Company or any of its officers, employees, agents or consultant or any other person as to the adequacy, accuracy, completeness or reasonableness of the information in this presentation. To the maximum extent permitted by law, no responsibility for any errors or omissions from this presentation whether arising out of negligence or otherwise is accepted. An investment in the shares of the Company is to be considered highly speculative.
• The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all 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 presentation 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 on the Rumble website. In respect of reported historical exploration results please refer ASX announcements dated 20 March 2017 and 18 April 2017.
• Some statements in this presentation regarding future events are forward-looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include, but are not limited to, statements concerning the Company's 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:

The information in this presentation that relates to Exploration Results or Mineral Resources is based on information compiled or reviewed by Mr Brett Keillor, who is a Member of the Australian Institute of Mining and Metallurgy. Mr Keillor has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Keillor consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears.