The latest announcement is out from Rimfire Pacific Mining Limited ( (AU:RIM) ).
Rimfire Pacific Mining has commenced its first dedicated scandium drilling program at the Currajong Scandium Prospect, located in central NSW. The program involves drilling approximately 200 holes over a 2.4-kilometer ultramafic belt, with the objective of delineating a maiden scandium mineral resource. This initiative is part of Rimfire’s broader strategy to build a globally significant scandium resource, complementing its existing resources at Melrose and Murga North. Successful results could enhance Rimfire’s position in the critical minerals market and provide substantial value to its stakeholders.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is a critical minerals explorer primarily focused on scandium, nickel, cobalt, platinum, and palladium exploration. The company operates in Australia’s scandium-rich region at Fifield, aiming to establish a significant scandium resource base.
YTD Price Performance: -25.71%
Average Trading Volume: 1,773,293
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$62.3M
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