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Rimfire Pacific Mining

Rimfire Pacific Mining (RIM) is an ASX-listed gold and copper resources exploration company focused on a world class copper-gold area in the Lachlan Fold Belt in central New South Wales that hosts significant major mines including the CMOC-operated Northparkes Cu/Au mine, Newcrest Mining Cadia Valley Cu/Au Operations and Evolution Mining Cowal Au mine. The Company has four key projects in the Lachlan Fold Belt across a mainly contiguous exploration licence holding of approximately 900 km2

  1. Valley – Porphyry Copper / Gold, RIM 100%
  2. Cowal – Copper / Gold, RIM 100%.
  3. Fifield – Gold / Platinum Group Elements (PGE’s), Golden Plains Resources Pty Ltd (GPR) earning up to 50.1%,
  4. Avondale – Cobalt, Platinum Group Elements (PGE’s) and Gold, GPR earning up to 75%

Rimfire also has the key project Green View – Cobalt, RIM 100% on an exploration licence of approximately 75km2 near Broken Hill.

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News

New Gold Deal Sparks Rimfire Mining

Rimfire Mining (ASX: RIM, Share Price: $0.029, Market Cap: $27m) is a NSW gold exploration play that’s managed to fly under the radar of most investors, despite managing to sustain a measured exploration program on its flagship Fifield gold exploration project, with encouraging results. The negotiation of a major new farm-out JV deal with Canada’s New Gold underlines the project’s potential.

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