RUMBLE RESOURCES LIMITED — Capital/Financing Update 2017

Nov 26, 2017

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27[th] November 2017

RC Drilling Programme Successfully Completed at the Braeside Base Metal Project, Pilbara WA

• First modern drilling has been completed targeting high-grade base metal surface mineralisation and EM conductors which may represent first order porphyry related (including VMS) polymetallic mineralisation.

• 19 RC holes were completed for a total of 2004m with 16 targets tested.

• Initial visual inspection has recognised base metal (Zinc, Lead and Copper) sulphide mineralisation associated with wide zones of silica – sericite – potassic alteration in predominantly andesite to basalt host rocks.

• Multi-element analysis of the drill hole samples will take approximately 3 weeks.

Rumble Resources Ltd (ASX: RTR) (“Rumble” or “the Company”) is pleased to announce that the first modern drilling program at the Braeside Project (E45/2032), located in the Pilbara region of Western Australia, has been successfully completed.

In total, sixteen targets were tested over a strike of approximately 30km. The targets were a combination of high grade base metal surface mineralisation, VTEM conductors with follow up ground TEM. The drilling programme consisted of 2,004m of RC drilling over 19 drill holes.

During the drilling programme, wide zones of silica – sericite – potassic (K-spar) alteration with quartz-sulphide veining with Zn, Pb and Cu mineralisation was observed. Silica – hematite breccia zones were associated with the alteration.

Multi-element analysis of the drill hole samples has commenced and results will take approximately three (3) weeks to process.

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Rumble Resources Ltd. Rumble Resources Ltd

ABN 22 102 912 783

Suite 9, 36 Ord Street, West Perth, WA 6005

35 Richardson Street T +61 8 6555 3980 WEST PERTH WA 6005 F +61 8 6555 3981 PO Box 1916 West Perth WA 6872 rumbleresources.com.au ASX RTR

ASX : CXU

Executives & Management 88.7 M ordinary shares

Mr Shane Sikora 13.2 M unlisted optionsManaging Director

Market Mr Brett Keillor Cap $27.5 million (@31c)Technical Director

Mr Matthew Banks Non-executive Director

Board of Directors

Mr Michael Smith Tony Non-executive Director Sage Executive Chairman

Mr Steven Wood Brett Company Secretary Smith Executive Director Qiu Derong

Non-executive Director

Kent Hunter Non-executive Director Stephen Brockhurst Company Secretary

Image 1 - Braeside Project Location, Geology and Prospect Map

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Background to Systematic Exploration Process of High Grade Zn – Pb – Cu – Ag - Au – V at the Braeside Project (E45-2032)

The Braeside Project E45-2032 consists of multiple high-grade zinc, lead, copper and silver deposits and occurrences associated with north to northwest trending fault fracture zones within mafic volcanics and volcaniclastics over a strike of at least 60 km. The poly-metallic mineralisation has not been tested by detailed geophysics, geochemistry and very limited drilling with only 10 known historic drill holes in 1928 and 1951.

High grade grab sampling assays have 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’s exploration program is the first modern systematic exploration program being undertaken at the Braeside High Grade Zinc – Lead Project.

Recent litho-geochemistry completed by Rumble suggests the mineralisation is associated with sub volcanic rhyolitic porphyry (Koongaling Felsic Volcanics) indicating potential for a VMS system capable of hosting a large base metal deposit.

Rumble’s technical team lead by Technical Director Mr Brett Keillor is systematically exploring the Braeside Project generating first order porphyry related (including VMS) polymetallic feeder pipe targets using proven, modern exploration techniques.

Stage	Exploration Activity	Progress
Stage 1	Regional soil geochemistry (multi-element) to cover Braeside Project Area	100% Completed
Stage 2	Fly Airborne VTEM	100% Completed
Stage 3	Infill geochemistry over metal trends and conductors generated by VTEM in Stage 2 to help rank key drill targets	100% Completed
Stage 4	Ground TEM surveys over the identified VTEM conductors and high-grade base metal mineralisation	100% Completed
Stage 5	Drill test conductive plates and high-grade base metal mineralisation	100% Completed. Awaiting Assays

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Image 2. – Historic Artisanal Ragged Hills Pb-Zn-Ag Mine operated up until 1959

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Shane Sikora Managing Director

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For further information visit or contact enquiries@rumbleresources.com.au

About Rumble Resources Ltd

Rumble Resources Ltd is an Australian based exploration company, officially admitted to the ASX on the 1st July 2011. Rumble was established with the aim of adding significant value to its current gold and base metal assets and will continue to look at mineral acquisition opportunities both in Australia and abroad.

Forward Looking and Cautionary Statement

The information in this report that relates to exploration results from work completed by Rumble.

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Brett Keillor, who is a Member of the Australasian Institute of Mining & Metallurgy and the Australian Institute of Geoscientists. Mr Keillor is an employee of Rumble Resources Limited. Mr Keillor has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking 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 report of the matters based on his information in the form and context in which it appears.