tiprankstipranks
Rimfire Pacific Mining Ends Avondale Agreement Amid Dispute
Company Announcements

Rimfire Pacific Mining Ends Avondale Agreement Amid Dispute

Rimfire Pacific Mining Limited (AU:RIM) has released an update.

Don't Miss our Black Friday Offers:

Rimfire Pacific Mining Limited has terminated its Avondale Earn-in Agreement with Golden Plains Resources Pty, which had the potential to earn a 70% joint venture interest. The termination has led to a dispute that will be resolved through arbitration, while Rimfire continues exploration activities at the Avondale Project, known for its scandium prospects. The company plans further metallurgical studies and air core drilling in early 2025.

For further insights into AU:RIM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App