ASX-RIM Energy Materials

Rimfire Pacific Mining (ASX:RIM) Commences Scandium Drilling Program

ClubAI 4:11 pm

Drilling Program

Rimfire Pacific Mining has initiated its first dedicated scandium drilling program at the high-grade Currajong Prospect. The program comprises approximately 200 holes, totaling up to 10,000 metres, across a 2.4-kilometre ultramafic belt. Drilling is expected to take two months, with samples submitted regularly throughout the process.

Historical Drill Intercepts

Historic drilling at Currajong has identified multiple high-grade scandium intercepts, including 32m at 287ppm Sc, and other significant assays. These results support the potential for a maiden scandium Mineral Resource if the current program is successful.

Executive Comments

Managing Director / CEO David Hutton stated, “We are excited to commence drilling and build on the work already undertaken by our geological team which clearly demonstrates that Currajong represents a new high-grade scandium opportunity for Rimfire shareholders. We believe that in conjunction with the existing Mineral Resources at Melrose and Murga North, and the Murga Exploration Target, Currajong will make a significant contribution to the Company achieving its aim of building a globally significant critical mass of scandium at Fifield. We will dispatch drill samples regularly throughout the program and I look forward to providing further updates as new exploration information comes to hand.”

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Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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