RUMBLE RESOURCES LIMITED — Investor Presentation 2021

Nov 23, 2021

Advancing the Earaheedy Zinc-Lead-Silver Sulphide Discovery 121 Mining Investment Online Conference EMEA – 23rd to 25th November 2021

November 2021 WWW.RUMBLERESOURCES.COM.AU ASX: RTR | PAGE 1

Pipeline of Projects Strategy Delivers Earaheedy Zn-Pb-Ag Sulphide Discovery

Strategicpipeline ofprojects	•Clear strategy to drill test a pipeline of projectsproviding multiple avenues to world class discoveries•Rumble and JV partners currently advancing a portfolioof8 projects in Tier 1 Regions across Western Australia
Experiencedmanagementteam andboard	•Led byManaging Director Shane Sikora, +15 yearscompany management and corporate experience•TechnicalDirector Brett Keillor awarded AMEC'Prospector of the Year' twice for Tropicana andPlutonic discoveries•Recent board & management additions havesignificantly bolstered discovery & developmentexpertise
Primarilyfocussed onrapidlyadvancing amajordiscovery atEaraheedy	•Major Zinc-Lead-Silver sulphide discovery made atChinook prospect, 110km north of Wiluna•Initial 40,000m RC and Diamond follow-up drillprogram nearing completion•Results from the first 9000m have extended themineralisation footprint by 224% to 4.1km x by 1.9km,with mineralisation open in all directions•Increased exploration target* to 100-120Mt (3.5%-4.5% Zn-Pb Sulphide) –flat lying open pittable depth•Current focus is scoping the extent of mineralisationbefore targeting near surface inferred high-gradefeeder structures
Fully funded	•Cash of~$33.7 million (as at30 September 21) no debt•Fully funded through expansive 2021 drilling program
Near termcatalysts	•Ongoing drilling results at Earaheedy –35,000mcompleted with only 9,000m assays received –assayspending -2H 2021•Drilling at Munarra Gully & Lamil Projects completed –assays pending –2H 2021

* Refer page [15] for further details on the Exploration Target. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource

Capital Structure (ASX:RTR)
Shares On Issue	(m)	620.2
Unlisted Options1,2,3	(m)	24.0
Market Capitalisation4	(A$m)	279
Cash (30 September 2021)	(A$m)	~33.7
Debt	(A$m)	Nil

1. 5.9mil 15c Options (Various Expiry)

2. 3.25m 58c Options

3. 15mil Performance Options Vesting 20c, 30c, 40c, 50c, $1 & $2

4. As at [9 November 2021]

Shareholders
Board and Management	9%
Top 20	31%

Board and Management
Shane Sikora	Managing Director
Brett Keillor	Technical Director
Matthew Banks	Non-Executive Director
Michael Smith	Non-Executive Director
Peter Venn	Non-Executive Director
Steven Wood	Company Secretary

Experienced Board and Management

Board		Senior Management
Shane Sikora,Managing Director	•Founding member of Rumble.•AppointedManaging Director in 2015.•Over 15 years corporate experience inbusiness development, strategic planning andproject management.	Steven WoodCompany Secretary/ CFO	•Over 10 yearsexperience in corporate advisory,company secretarial and financial managementChartered Accountant, with experienceinproviding company secretarial and financialmanagement services to both ASX and unlistedpublic and private companies.
Brett Keillor,Technical Director	•Geologist with over 30 years' experience in themining industry.•Worked with Resolute Mining Ltd, recentlyChief Geologist (Gold) for Independence GroupNL.•Twice recipient of the AMEC Award"Prospector Of The Year" for the Plutonic -Marymiaand Tropicana discoveries.	Mark CarderGM Operations	•Geologist with over 19 years' experience inmining a broad range of commodities.•Held senior geological roles with Crescent Gold,BC Iron, Carrick Gold, Millennium Minerals andLynasCorporation.•Specialises in resource modelling and economicassessment.
Matthew BanksNon-ExecutiveDirector	•Approximately 10 years specialising inmarketing, public relations and corporatefinance.•Executive director of Wildcat Resources (ASX:WC8).		•Highly experienced technical geologist with over20 years experience in gold and base metaldeposits in Australia.•Previously consulted to Evolution Mining, seniormanagement positions at Independence Group,
Michael SmithNon-ExecutiveDirector	•Chartered Accountant with over 25 yearsexperience.•Fellow of the Taxation Institute of Australia,member of ICAA's Forensic Accounting SpecialInterest Group.•Previously Chief Executive of a division of apublicly listed national financial servicesconsolidator.	Ben JonesChief Geologist	Jabiru Metals Ltd and AngloGold Ashanti.•Oversaw the re-interpretation and successfuldefinition of over 1Moz of gold as part of theSunrise Dam Gold Mine Underground FeasibilityStudy, delivered the Tropicana Gold Deposit PreFeasibility Study (now over 7Moz) in WesternAustralia, and completed the Stockman Cu-Pb-Zndeposit Pre-Feasibility Study in Eastern Victoria.
Peter VennNon-ExecutiveDirector	•Geologist with more than 30 years experience.•Developed and lead teams to develop +10mining operations across Africa andAustralia.•Previously Managing Director of MargosaGraphite Limited and Chief BD Officer atResolute Mining Limited.	Luke TimmermansProject Manager,Earaheedy	•Geologist with over 10 years' experiencespanning a broad range of commodities.•Senior roles with Gold Fields, Red 5 and EssentialMetals.•Involved with the re-discovery and developmentof the King of the Hills gold deposit as a bulkmining operation.

Earaheedy Zn-Pb-Ag Sulphide Discovery Tier 1 Scale Potential

• Major Zn-Pb-Ag sulphide discovery at (E69/3464) announced 19 April 2021, 110km north of Wiluna
• Intersected 34m @ 4.22% Zn-Pb from 66m including 15m @ 6.97% Zn + Pb, 5.4 g/t Ag from 74m at the Chinook Prospect – True Width
• RTR has a 75% interest in E69/3464 and 100% of contiguous applications E69/3787 & E69/3862
• Project covers 45km of unconformity prospective strike which remains untested and open in all directions
• Potential for multiple large scale sedimentary hosted Zinc-Lead sulphide deposits throughout the project

Earaheedy Zn-Pb-Ag Sulphide Discovery Tier 1 Scale Potential

• First 9000m of assay results from the initial 40,000m RC and Diamond programs were outstanding:
  • o At the Chinook Prospect extended mineralisation footprint by 224% to 4.1km x 1.9km, open in all directions
  • o Already identified 17kms of mineralisation on granted tenement (E69/3464)
  • o increased exploration target to 100—120Mt (3.5% - 4.5% Zn-Pb Sulphide) – Open Pit and Underground Potential
• Focus is on establishing the extent of mineralisation before targeting inferred high-grade feeder structures

Earaheedy Zn-Pb-Ag Sulphide Discovery Geological Model – 5 Target Zones

Chinook Zn-Pb-Ag Prospect Expanded to 4.1km x 1.9km - Open

• 9000m of initial 40000m RC/DD program has expanded footprint to 4.1km by 1.9km, an increase of 224% Open
• Zn-Pb grades increase significantly near interpreted NW trending inferred extension feeder faults
• Each inferred NW extension feeder fault has potential higher-grade Zn-Pb-Ag mineralisation along its strike length

Chinook Zn-Pb-Ag Prospect Section AB – 1.9km Open

• Higher Zn-Pb-Ag grades adjacent to the multiple feeder faults
• Navajoh dolomite hosts shallow flat lying Zn-Pb at open pittable depth – Initial focus of Drilling
• Iroquois dolomite below Navajoh dolomite has not been drill tested – Drill Targeting Commenced
• Potential for multiple largescale Zn-Pb sulphide open cut and underground deposit(s)

Chinook Zn-Pb-Ag Prospect Sonic Drilling

Chinook Zn-Pb-Ag Sulphide Mineralisation Coarse Sphalerite-Galena-Pyrite

Scale comparison with Chinook Prospect Pering Zn-Pb Open Pit Mine, South Africa

• Open Pit mined by Tier 1 company Shell-BHP Billiton between 1986 – 2004 for 17 Years
• Historic production 20.5Mt of ROM ore milled at 2.6% Zn & 0.6% Pb
• Average production 1.2Mt pa
• 2 open pits to a depth of over 120m
• Successful preconcentration dense media studies of the remaining Reserve at Pering (51.3Mt @ 1.1%Zn 0.3%Pb) by Mintek, South Africa for PBM Pty Ltd produced a 3-4 times enhancement of the feed grade (4.2%Zn and 1.0%Pb) prior to milling and floatation along with an 80%

rejection of waste Image: Scale Comparison Map (top right) of Pering open pit over Chinook drilling (to scale) * https://red-pennant-communications.com/2020/10/05/updated-mineral-resource-model-of-pering-zinc-lead-deposit/

Magazine Zn-Pb-Ag Prospect Geology, Structures and Intercepts

• Like Chinook at Magazine Zn-Pb grades increase significantly near interpreted inferred extension feeder faults

• Each inferred north north/west extension feeder fault potential higher-grade Zn-Pb-Ag over length of the planes

Sedimentary Hosted Deposits Tier 1 Scale Potential

Earaheedy Zn-Pb-Ag Sulphide Discovery First Stage Exploration Target

Rumble's first stage exploration target at the Earaheedy Project is between 100 to 120 million tonnes at a grade ranging between 3.5% Zn-Pb to 4.5% Zn-Pb Sulphide. The exploration target is at a shallow depth (120m), and over 40kms of prospective strike (completely open) has been defined within the Earaheedy Project. The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The exploration target, being conceptual in nature, takes no account of geological complexity, possible mining method or metallurgical recovery factors. The exploration target has been estimated in order to provide an assessment of the potential for large-scale Zn-Pb deposits within the Earaheedy Project. The exploration target has been prepared and reported in accordance with the 2012 edition of the JORC Code.

The exploration target is based on the current geological understanding of the mineralisation geometry, continuity of mineralisation and regional geology. This understanding is provided by an extensive drill hole database, regional mapping, coupled with understanding of the host stratigraphic sequence and a feasibility study completed at the nearby Paroo Pb deposit. Included in the data on which this exploration target has been prepared is recent RC drilling of 17 holes for approximately 2500m (RC/Diamond) (assays returned for 4 and 13 holes assays pending), 30 holes for 2690m (three RC stages), 33 holes for 3593m recently completed and diamond drilling of 4 holes for 1199.8m completed by Rumble along with 64 historic RC drill holes completed within the project area (E69/3464) by previous explorers (refer historical exploration results in previous ASX announcements dated 5 February 2019 and 12 October 2017, 23rd January 2020 which continue to apply and have not materially changed).

.

Earaheedy Zn-PbProject –Exploration Target
Range	Tonnes	Grade
Lower	100,000,000	3.5% Zn + PbSulphide
Upper	120,000,000	4.5% Zn + PbSulphide

The Company intends to test the exploration target with drilling and this further drilling is expected to extend over approximately 12 months. Grade ranges have been either estimated or assigned from lower and upper grades of mineralisation received in drilling results. A classification is not applicable for an exploration target

Some of the considerations in respect of the estimation of the exploration target include:

• o Drilling results have demonstrated strong continuity of shallow, flat lying mineralisation;
• o Over 45km's of prospective strike and open (refer image on page 6);
• o Minimum 600m of width (based on shallow 7.5° and shallow depth to 120m, based on drilling results.
• o True width (thickness) of mineralisation up to 34 metres received in drilling results; and
• o Specific gravity (SG) of 2.5 (world average SG of sandstone not accounting for metal).

Earaheedy Zn-Pb-Ag Sulphide Discovery Next Steps

• ❖ Initial 40,000 Metre Drill Program nearing completion only 9000m Assays received
  • ❑ 1 Sonic Rig Metallurgy & Reconciliation
  • ❑ 2 Diamond Rigs Geology Target inferred high-grade feeders at Depth
  • ❑ 2 RC Drill Rigs Scope limit of Chinook Test Geophysical Targets Discover New Prospects – 17km strike
• ❖ Metallurgy Initial Testwork has commenced
• ❖ Gravity & Seismic Analysis Ongoing
• ❖ Airborne Magnetics - Planned

Pipeline of Projects De-risked Strategy Multiple Avenues to World Class Discoveries

• Generate a pipeline of projects at various stages of development

• Critically review each project to ensure capable of world class discoveries

• Negotiate low-cost upfront optionality

• De-risked due to multiple avenues to discovery

• Fast track low-cost drill target generation

• Drill first order targets for discovery

• Technical team discovered multiple deposits that turned into mines

Clear Strategy Discovery History Project Development

• Board and Management experienced in developing discoveries into mines

ASX: RTR | PAGE 17

Company Activity and Key Milestones

	Activity	Nov-21	Dec-21
--	----------	--------	--------

Rumble Primary Focus

EaraheedyProject –40,000m RC & Diamond drilling program ongoing35,000m Completed only 9,000m Assays Received –Remaining Assays Pending
EaraheedyProject –Airborne magnetics survey

JV Partner Advancing

Lamil JV Project – Drilling and Airborne EM Completed – Assays Pending

Rumble – Low Cost High Impact Exploration

Munarra Gully Project – Drilling EM Plates Completed – Assays Pending

Wardawarra and Western Queen Project - Regional Exploration

Investor Contacts

Shane Sikora, Managing Director E: info@rumbleresources.com.au

Web: www.rumbleresources.com.au

Address:

Level 1, 16 Ord St WEST PERTH, WA 6005 +61 8 6555 3980

Connect with Rumble:

https://twitter.com/RumbleResources

https://www.linkedin.com/company/ rumble-resources-ltd

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. 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.
• RTR confirms that it is not aware of any new information or data that materially affects the information contained in ASX announcement dated 2 August 2021 in relation to the Western Queen resource estimate. All material assumptions and technical parameters underpinning the mineral resource estimates continue to apply and have not materially changed.

Competent Person Statement:

• The information in this presentation that relates to Exploration Results, exploration targets 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.
• Refer previous announcements in respect of exploration results dated 18th November 2021, 10th November 2021, 18 October 2021, 8 July 2021, 2 June 2021, 19 April 2021, 23 February 2021, 17 February 2021, 15 February 2021, 3 February 2021, 28 January 2021, 4 November 2020, 6 October 2020, 20 May 2020, 4 May 2020, 24 April 2020, 17 Feb 2020, 11 Feb. 2020, 23 Jan 2020, 26 November 2019, 8 November 2019, 21November 2019, 21 October 2019, 1 October 2019, 23 August 2019, 22 August 2019, 6 August 2019, 11 July 2019, 1 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 along with Jv partner AICs (ASX:a1m) announcements 28-1-21 and 8-9-21. The resource and acquisition terms 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.

References

• 1. Sedimentary Exhalative (Sedex) Zinc-Lead-Silver Deposit Model, Chapter N of Mineral Deposit Models for Resource Assessment, US Department of the Interior, U.S. Geological Survey, Reston, Virginia: 2016 https://pubs.usgs.gov/sir/2010/5070/n/sir20105070n.pdf
• 1. Page 10 https://www.911metallurgist.com/blog/SEDEX-sedimentary-exhalative-ore-deposits

Appendices

ASX: RTR | PAGE 21

Western Queen Project – High-Grade System Open Pit & Underground Au Resources

Cutg/t-off	Classification	(t)Tonnes	g/tAu	ContainedMetal
@O/C05	Indicated	1069218,,	195	67145,
UG@15	Inferred	1027954,,	291	96123,
	Total	2097172,,	242	163268,

Western Queen Project (100% RTR)

• Located within a 110km radius of three operating gold processing mills
• Resources on mining leases and strike extent on granted exploration permit
• Potential for immediate development of open-pit and underground operations

Resource Expansion Potential

• Immediately below the current resources at WQ South and WQ Central
• Between WQ Central and WQ South at Depth
• Northeast along strike from the Duke Prospect
• South along strike WQ South

Wardawarra Project – Large Scale System Ni-Cu-Co, Au & Ta-Nb-Sn-Li Prospects

Wardawarra Project (100% RTR)

Western Queen Gold Deposit(s) – Extension

• The inferred southern extension of the Western Queen Shear Zone extends into the Wardawarra Project (E20/967) under 10 – 15m of cover approximately 1.5km south of the Western Queen South Pit. No drilling has tested the zone.
• The inferred northern extension of the Western Queen Shear Zone has not been drill tested under cover 1km north of the Western Queen Central Pit within M59/208 and into the Wardawarra Project (E20/967).

East Trixie Gold Prospect

• The inferred southern extension of the mineralised Western Queen Shear Zone is interpreted to be associated with a series of historic gold prospects collectively known as East Trixie.

High-Grade Au System

• Historic High-Grade gold intercepts showcase the exploration upside along the Western Queen Shear Zone including:
  • o 4m @ 49.73 g/t Au from 134m (QND-38975-1)
  • o 5m @ 38.76 g/t Au from 193m - (WQRC188)
  • o 8m @ 26.27 g/t Au from 14m (WQRC155)
  • o 7m @ 60.6 g/t Au from 70m – (WQJC-32)
  • o 6m @ 37.34 g/t Au from 50m – (QNC-10310-1)
  • o 6.4m @ 36.09 g/t Au from 305.7m (WQD-1072)
  • o 6m @ 34.24 g/t Au from 354m (WQRC007D)

Yinga Ni-Cu-Co Prospect Large Mineralised Ultramafic Complex

• Historic drilling defined significant oxide Nickel, Copper and Cobalt at the Yinga prospect 5km north of the Western Queen Gold Project. Intersections include:
• 19.8m @ 0.88% Ni, 0.1% Co from 10.7m (PDH16)
  • o Including 9.1m @ 1.26% Ni from 19.8m
• 50.3m @ 0.64% Ni from 10.7m (PDH11)
  • o Including 4.6m @ 1% Ni from 15.2m
• 39.6m @ 0.63% Ni, 0.08% Co from surface (entire hole PDH05)
  • o Including 16.8m @ 0.81% Ni from 6.1m
• 25.9m @ 0.69% Ni from 13.7m (PDH14)
• 22.5m @ 0.69% Ni from 12.5m (DDH1 – part assayed) all drill hole intersections are drill hole length

• Nickel mineralisation defined over 1.8km of strike with three prospective ultramafic horizons with potential for further parallel zones east of the Yinga Prospect
• Historic drilling tested only the shallow oxide-transition zone highlighting significant potential for massive Nickel-Copper-Cobalt sulphides down dip/plunge and along strike

Tantalus Ta-Nb-Sn Prospect - Li Potential Large Pegmatite Field

• A series of fertile pegmatites (Ta, Nb, Sn) occur along the eastern margin of the Wardawarra greenstone belt with the Wardawarra Project with only one pegmatite, the Tantalus Ta-Nb-Sn prospect tested by historic drilling
• The Tantalus Ta-Nb-Sn Prospect is a large flat lying pegmatite over 600m in strike and up to 60m in width previously mined for alluvial tantalum, niobium and tin – Open along strike and at depth
• No Lithium, Rubidium, Caesium or Rare Earth Elements assays completed

Munarra Gully Project - Large Scale System Amaryllis Au-Cu-Ag Prospect

Amaryllis Prospect (E51/1919 & E51/1927 100% RTR)

• Over 2300m of Au-Cu-Ag up to 50m wide mineralised strike
• Open to North 15kms of strike

Significant Au-Cu-Ag mineralisation:

• 57m @ 0.85 g/t Au, 0.27% Cu 4.2 g/t Ag from 100m (AMRc015)
• 8m @ 1.11% Cu, 0.88 g/t Au, 11.8 G/t Ag from 102m (AMRC003)

High-grade Au mineralisation:

• 2m @ 13.45 g/t Au from 92m (AMRC012)
• 4m @ 6.21 g/t Au from 94m (AMRC006 4m composites)

Amaryllis Au-Cu-Ag Prospect - Geological Comparison Chibougamau Au-Cu Shear Vein Deposit

• The style of mineralisation has similar characteristics with Chibougamau Au-Cu-Ag shear vein style deposits located in the eastern part of the Abitibi Greenstone Belt in Quebec, Canada. At Chibougamau, major (later) shearing has overprinted earlier deformation within an area of high-level porphyries (Au-Mo-Cu) and minor VMS that have intruded into early sediments and mafic intrusive complex rock types
• Strong dip component to ore deposits shoot like
• Of Note: Chibougamau Au-Cu-Ag shear vein style deposits have produced 3.5 million oz (gold) and 1 million copper metal tonnes at an average weighted grade of 1.76% Cu and 2.05 g/t Au. Some of the deposits at Chibougamau have been mined down to 1.1km in depth.

Criteria	Amaryllis Au-Cu-Ag Prospect	Chibougamau Au-Cu Shear Vein Deposit Type
Commodities	Au-Cu-Ag	Au-Cu-Ag
Mineralisation	Pyrite-chalcopyrite-pyrrhotite-sphalerite	Pyrite-chalcopyrite-pyrrhotite-sphalerite-galena
Deformation andAlteration ofHost (pervasive)	Intensely sheared/mylonisedmuscovite-sericite-chlorite-silicazones partitioned within weaklyfoliated to massive host	Intensely sheared/mylonised chlorite-sericite-carbonate+/-magnetite zones partitioned withinundeformed host
	Alteration zones 50-100m widthLimited drilling outside zone	100m scale breccia – disseminated-stockworkKm scale phyllic to propylitic
AlterationAssociated withMineralisation	Fe carbonate (ankerite)-epidote-Kspar-tourmaline-silica	Fe carbonate (ankerite)-epidote-chlorite-silica-tourmaline
Host Rocks	Porphyritic dacitic to andesiticextrusiveshigh-level intrusives with latertonalitic dykes	Porphyritic tonalite intruding into anorthositicgabbro complex
Ore ZoneCharacteristics	Stringer sulphide shears withsemi massive sulphide zonesEvidence of large lower grade	Stringer to massive sulphide shear vein (2 to 5mwide mineable) - large disseminated/stockworkzonesStrong dip component to ore zones.
	stockwork/disseminated zones	Lesser strike component

Amaryllis Au-Cu-Ag Prospect Calytrix Au-Cu-Ag Zone

• Within Amaryllis, the Calytrix zone has previously reported drill intercepts >1g/t Au and 1% Cu within its 350m strike length
• Rumble recently completed 2 RC drillholes to 250m angled depth (with optimal positioning 180m apart along strike) to facilitate a DHTEM survey to identify conductive EM Plates that may represent high-grade Au-Cu-Ag deposits at depth
• Two subvertical semi-continuous highorder conductive EM plates were delineated at vertical depths of 120 to 150m:
• o Calytrix TEM Plate A 200m in strike and 300m deep (300 Siemens)
• o Calytrix TEM Plate B 180m in strike and 340m deep (230 Siemens)
• Assays are pending for six diamond drill holes completed which subsequently tested the EM plates
• Initial visual observations are encouraging with stringer style Cu sulphide mineralisation observed in all six holes as anticipated - based on previous drilling results the Cu mineralisation is anticipated to have a correlation with Au-Ag- mineralisation

ASX: RTR | PAGE 28

Lamil JV Project – Tier 1 System Lamil Dome Au-Cu Prospect

Above: NQ2 core from diamond drillhole 20ALDD0003 showing typical brecciation at approximately 365m downhole

Left: NQ2 core from diamond drillhole 20ALDD0003 showing pyritic quartzcarbonate veining at approximately 500m downhole

(RTR 100% - AIC Earning 65%)

• AIC Mines can earn 50% interest by spending $6 million at Lamil over 4 years, thereafter AIC can earn a further 15% by spending $4 million over 1 year if Rumble does not elect to contribute.
• Key target is Lamil Dome which has similar dome size, trend, & inferred hosts rocs to the nearby Telfer Au-Cu Dome deposit (32Moz, 1Mt Cu resource)

Multiple Drill Programs

• Maiden drilling program in 2020 confirmed:
  • o Presence of prospective basement lithologies including metasedimentary rocks (quartz sandstones, siltstones, quartzite) and mafic intrusives (gabbro and dolerite).
  • o Sulphide minerals including pyrite, pyrrhotite and chalcopyrite were intersected in a number of holes.
  • o Extensive alteration zones, including silicification, albitisation and carbonate-biotite-sericite-chlorite alteration.
  • o These elements are indicators of hydrothermal fluid activity potentially associated with the development of intrusive related gold-copper mineral systems.
• Follow-up RC drilling completed 8,800m in October 2021 – Assays Pending

Braeside Project – Large Scale System 30+ High Priority Cu-Au-Zn-Pb-Ag Prospects

Braeside Project (100% RTR)

• Regional Scale Porphyry, Epithermal and potential VMS province fracture system over 60km in strike and 8km in width
• Over 30 high priority base metal prospets including:
  • o Barkers Well Prospect 800m long fracture zone with multiple high grade Pb breccia pipes
  • o Camel Hump Cu Prospect - Wide zone of oxide stringer copper hosted in volcaniclastic siltstone and shale – VMS Potential

ASX: RTR | PAGE 30

Barker Well Prospect High-Grade Pb-Zn-Ag Breccia Pipes

High-Grade Lead-Zinc-Silver Intersected

• Three steep dipping galena breccia zones defined over 800m
• Mineralisation is open in all directions
• Drilling is shallow with 80% of drilling to depth of only 50m
• High-grade galena (sulphide) starts at surface and is associated with sphalerite (Zn) and silver (Ag) hosted in andesitic basalts and volcaniclastics.

ASX: RTR | PAGE 31

Camel Hump Cu Prospect Potential VMS Province

Broad widths of Copper Intersected

New copper discovery confirmed with shallow RC results:

o 35m @ 0.55% Cu from 8m (CHRC010) ⃰

Including: 8m @ 1% Cu from 11m &

o 37m @ 0.46% Cu from 19m (CHRC011) ⃰

Including**: 5m @ 0.86% Cu from 22m &**

6m @ 1% from 45m ⃰intersections are true width

• Six (6) of the eight (8) drill holes returned significant widths of oxidised stringer style malachite, chalcocite and native copper mineralisation
• No previous drilling completed in target region Completely open

Potential New VMS Province

• Copper mineralisation is hosted in siltstone (volcaniclastic) intercalated with andesite, shale and is associated with zinc, lead and elevated silver
• Mineralisation style is volcanogenic (VMS)
• Of Importance: Drilling intersected the potential Copper Footwall stockwork stringer zone which is normally below the main High-Grade VMS Deposit Zone – See Page 27

Warroo Project - Large Scale System Potential VMS Province

Warroo Project (RTR 100%)

• Copper and zinc anomalism is associated with bimodal (felsic to mafic) volcanics and associated volcaniclastics/sediments of the Warroo Hill Member Synform.
• Over 18km of highly prospective strike under shallow sand cover has been delineated.
• Historic exploration outlined extensive copper and zinc anomalism from shallow broad spaced RAB drilling associated with a large gravity feature.
• Grab sampling returned significant mineralisation at the Warroo Prospect:
  • o Cu assays include – 3.43%, 2.04% and 1.51%
  • o Zn assays include – 26.0%, 23.5% and 19.1%

Of high importance:

• The host lithology to the copper mineralisation at Camel Hump has similar characteristics to the Warroo Hill Member lithologies.
• The Camel Hump and Warroo Hill Member lithologies lie within the same corridor with respect to strike and structure.

Potential for a significant new VMS province

Thunderstorm & Thunderbolt Projects – Tier 1 System Themis and Pion Au Prospects

• IGO Gold Grain Study Primary and secondary detrital gold crystals occur indicating High-grade Gold is potentially close to a primary source
• Primary forms have block, crystal, and rod-like shapes with angular edges

Thunderstorm JV Project (IGO 70% RTR 30%)

• Reconnaissance AC drilling 1.5km by 400m intersected widespread gold throughout the project including high-grade gold at Themis:
  • o 16m @ 6.69 g/t Au from 42m (20AFAC11321)
  • o 6m @ 9.15 g/t Au from 48m (18AFAC30771)

Thunderbolt Project – (RTR 100%)

• Lies south of and contiguous to the Thunderstorm JV Project

Thunderdome JV Project – Tier 1 System Sailfish & Old Soldiers Ni-Cu Prospects

Thunderdome JV Project (IGO 70% RTR 30%)

Sailfish Ni-Cu Prospects

• Magnetic low/gravity high features conceptual targets analogous of Legend Mining's Mawson Ni-Cu discovery (Located 30km NE along trend)

Old Soldiers Ni-Cu-Zn Prospects

• Multiple EM conductors over a 12km Cu-Zn trend

Albany Fraser Range Province

• World Class Nova Nickel Copper Cobalt Mine
• World Class Tropicana Gold Mine
• Highly sought-after region with new Silver knight and Mawson Discoveries