Rumble Resources appoints Peter Harold as MD and CEO

SYDNEY, AUSTRALIA: Rumble Resources Limited (ASX:RTR) announced the appointment of experienced mining executive and company director Peter Harold as Managing Director and Chief Executive Officer (MD and CEO), effective from Monday 12 February 2024.

Mr Harold will oversee the Company’s next critical growth phase as it continues to expand and enhance the emerging Tier 1 Earaheedy Zn-Pb-Ag Project in Western Australia.

Rumble’s current interim Managing Director Peter Venn will transition to the role of Technical Director, working closely with Mr Harold, and continuing to play a key role in delivery of the Company’s organic growth model through exploration and development.

Mr Harold is a process engineer and highly accomplished mining executive with over 30 years of strategic, commercial, and corporate experience in the minerals industry.

Prior to accepting the role of MD and CEO at Rumble, Mr Harold was MD and CEO of Poseidon Nickel Limited (ASX: POS) for 3.5 years and was instrumental in raising significant equity to allow the completion of the Bankable Feasibility Studies on the Black Swan Nickel Project and the Windarra Gold Tailings Project and fund significant resource drilling and exploration activities and Black Swan restart pre-works.

Prior to his time at Poseidon Peter was the Managing Director of Panoramic Resources Limited (ASX: PAN), a company he co-founded as a $3 million IPO in 2001.

Peter led Panoramic through the financing and development of the Savannah Nickel Project in the East Kimberley and the acquisition and re-start of the Lanfranchi Nickel Project near Kambalda in the early 2000s with the company reaching a market capitalisation of $1.2 billion in 2007.

Peter has been a non-executive director and chairman of numerous ASX listed companies,

and is currently non-executive chairman of Rare Foods Australia Ltd (ASX: RFA), and is transitioning to non-executive chairman of Poseidon Nickel. Peter is passionate about helping young people and was on the board of Youth Focus for nine years and chairman for five years.

Youth Focus delivers frontline services and education programs to young people, which aims to reduce symptoms associated with suicide, depression, anxiety and self-harm, and build long-term mental wellbeing.

Commenting on his appointment, Mr Harold said: “I was attracted to Rumble by the combination of the commodity mix, size of the existing resource at Earaheedy, the exceptional growth potential of the Project, and the board and management team. I started my career in mining on the Golden Grove zinc/copper project and have always wanted to get back into zinc as it will play a vital role globally in our transition to a renewable future. I’m looking forward to working with the Rumble team to unlock the full value potential of Earaheedy and Rumble’s other projects”.

Rumble’s interim Managing Director, Peter Venn, said: “We are absolutely delighted to have secured someone of Peter’s capability and regard in the mining industry. His previous experience and success in building companies from early-stage exploration through development to production is invaluable. We are looking forward to the strong leadership and vision that Peter will bring to help grow and motivate our young team, and ultimately unlock the full value of our flagship Earaheedy Zn-Pb-Ag Project for all Rumble stakeholders”.

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