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RUMBLE RESOURCES LIMITED — Investor Presentation 2014
Mar 12, 2014
65736_rns_2014-03-12_5e938e8c-2eb8-45c4-8051-2a45dfef8b3d.pdf
Investor Presentation
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Photo: Big Red Project, Fraser Range
Rumble Resources Ltd Corporate Presentation March 2014
Corporate Overview
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| Capital Structure | Capital Structure | Capital Structure |
|---|---|---|
| Current Share Price | A¢ | 4.5cps |
| Shares on Issue | # | 79m |
| Options on Issue1&2 | # | 56M |
| Market Capitalisation | A$ | $3.5m |
| Cash3 | A$ | $0.6m |
| Debt | A$ | Nil |
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All options are out of the money. 25c, 35c & 45c make up 35.5mil. There are 20.5mil @ 8c.
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18.8 mil $0.25 options expiring 31 July 2014 .
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Cash & equivalents as at 6 March 2014
| Board & Management | Board & Management |
|---|---|
| Shane Sikora | CEO |
| Terry Topping | Executive Director |
| Andrew McBain | Non-Executive Director |
| Matthew Banks | Non-Executive Director |
| Michael Smith | Non-Executive Director |
| Andrew Jones | Exploration Manager |
Shareholders
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Board and Management Remaining Top 20 Other
| Ownership Analysis Board and Management 16.4% Top 20 35.8% |
Ownership Analysis Board and Management 16.4% Top 20 35.8% |
|---|---|
| Board and Management | |
| Top 20 |
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ASX: RTR | PAGE 2
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Why Fraser Range?
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Sirius Facts
- Sirius Resources went from $0.05 from the initial discovery to a peak of over $5.00 which is an increase of over 10000%
Sirius Market market cap is in excess of 600 million in just over 1.5 years
Nova Bollinger is currently host to 14.6mt @2.2%Ni
1. Sirius Resources pre and post discovering the world class Nova Massive Nickel Sulphide Discovery
- Life of mine currently is $4.6bill
Fraser Range Potential
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Sirius Resources World Class Massive Nickel discovery is the only significant Ni-Cu deposit to date within the Fraser Belt. Most significant Ni-Cu copper discoveries come in clusters eg.. Thompson Bay in Canada
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The Fraser Range is an underexplored emerging World Class Nickel Province with Fraser Range explorers raising significant capital to aggressively explore the region since the discovery.
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Rumble has significant leverage to any discovery in the region.
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Fraser Range Regional Potential
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Nickel potential is NOT limited to the Fraser Complex with Nickel, Copper and PGE‘s in the north at Plumridge Lakes (Cr-PGE) and numerous untested Ni-Cu soil anomalies throughout the Albany Fraser tectonic zone to the south.
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Circum Superior belt hosts three world class nickel camps, each host to multiple deposits.
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Fringing the margin of a major Archaean Craton.
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Prospective for Ni-Cu, Cr-PGE, Fe-T-V.
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Nova discovery confirms the presence of economic accumulations of Ni-Cu sulphides within this prospective zone.
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Fraser Range Peer Comparison
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Market Cap and Shares on issue of ASX listed companies exploring in the Fraser Range
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With our undervalued market cap of 3.5mil, current ground position and Rumble identifying one of the largest bedrock conductors in the Fraser Range, Rumble are well leveraged to exploration success.
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Rumble has preserved its capital structure for investor leverage to any discoveries in the Fraser Range
SIR Market Cap $677 Mil $100 1,400 Shares on Issue Market Cap 1,200 $80 1,000 $60 800 $40 600 400 $20 200 $- 0
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Market cap as of 06/03/14
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Shares on Issue as of 06/03/14
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Rumble Fraser Range Project Holding
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Rumbles Fraser Range presence consists of the Zanthus and the Big Red Project.
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The 2 project areas represent a significant footprint of 796sq km’s in the Fraser Range region which is fast becoming the world’s most exciting emerging Nickel province.
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Zanthus Project – Fraser Range
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The Zanthus Project consists of 370sq km’s of highly prospective tenure only 18km’s from the world class Nova Nickel Copper Massive Sulphide discovery by Sirius Resources
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Limited historical drilling into the basement confirms gabbro, mafic & ultramafic rock units within the project, there has been no systematic exploration for magmatic nickel and copper within these units.
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Strongly magnetic units can be recognised in the aeromagnetic data, especially in the central region of the project area, and are interpreted as potential mafic and ultramafic units. These magnetic horizons also indicate potentially prospective structural features including dilation zones and fault offsets.
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Historic drilling by Sabminco NL in 1993 indicated that anomalous Gold and PGE values were identified during an exploration drilling campaign at Zanthus and returned anomalous results of up to 2m @ 150ppb gold, 4.19ppb palladium and 15.4ppb platinum from a depth of 55m down hole.
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Zanthus Project – Next Steps
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Rumbles technical team has developed a program to systematically explore the Zanthus Project looking to generate high priority nickel and copper sulphide targets using proven exploration techniques.
Rumble will use the same methodology that recently identified the 2km bedrock EM conductor on its big Red Project in the northern Fraser Range.
This first stage of exploration will be a ground orientation ground EM survey consisting of several ground Moving-Loop ElectroMagnetic (MLEM) traverse lines across the project area.
The survey is designed to test the conductivity and map the depth of the younger sedimentary rock sequences. The results of the survey will identify if an Airborne EM survey or ground based EM survey is the next step.
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Big Red Project – Fraser Range
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The Big Red Project consists of 426sq km’s of highly prospective tenure located in the highly prospective Fraser Complex within the Albany-Fraser Tectonic Zone.
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The Big Red Project previously had 2 diamond drill holes completed by Teck Australia Pty Ltd (Teck) who were focussing on Cu-Au (IOCG style) mineralisation with the exploration failing to identify IOCG style mineralisation and the project was relinquished.
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Rumble analysis of the 2 drill holes indicated the 2 drill holes intersected Mafic Gabbro sills which is the host rock unit at the Nova discovery.
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Age dating of the rocks by the Geological Survey of WA indicates the Mafic Gabbro rock units are of a similar age to the Nova Discovery rock units.
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Rumble identified a sub circular gravity high “eye” feature which has a broadly similar magnetic response and is of a similar size to Sirius Resources’ ‘Eye’ which is the host to the Nova and Bollinger nickel-copper sulphide deposits
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Rumble completed a targetted Ground EM program in January 2014 and defined the largest bedrock conductor in the Fraser Range.
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Big Red Project – Next Steps
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• The 2km bedrock conductor represents one of the most compelling targets in the Fraser Range for Massive Nickel Sulphides.
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This is now a priority target for nickel copper sulphide mineralisation similar to recently discovered Mammoth prospect, ASX:CLZ.
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Rumble will prepare a targeted diamond drilling program focussed primarily on the recently discovered bedrock conductor.
• Rumble was awarded $150,000 to co-fund exploration on the Big Red Project via WA Government’s Exploration Incentive Scheme (EIS).
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Fraser Range Exploration Process
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Fraser Range Project Timeline 2013 2013 2014
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Asset Overview
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Derosa Project
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Fraser Range Project • Beadell Project
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• Canegrass Project
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• Ashburton Project • Leyland Project
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Rumble Resources Exploration Focus
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Summary
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Tightly held stock – leveraged to exploration success
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Rumble focussed on the Fraser Range the hottest exploration location in the world
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Geophysics program to commence at the Zanthus Project in Fraser Range.
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The Big Red priority target is a 2km bedrock conductor.
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Leverage to any discovery in the Fraser Range
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Significant potential across exciting exploration ground
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Contacts & Important Notice
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Shane Sikora, CEO– 0406886590 [email protected] Terry Topping, Executive Director (Technical) – 0417923341 [email protected]
Competent Person’s Statement:
The information in this report that relates to Exploration Results is based on information compiled by Mr Terry Topping, who is a Member of the Australasian Institute of Mining & Metallurgy and the Australian Institute of Geoscientists. Mr Topping is a fulltime employee of Rumble Resources Limited and 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 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Topping consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears.
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