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Rimfire Pacific Mining Limited ( (AU:RIM) ) has shared an update.
Rimfire Pacific Mining Limited has completed key conditions precedent with Copper Search Ltd, allowing Copper Search an exclusive six-month option to purchase Rimfire’s Cowal Project tenements in the Macquarie Arc, Lachlan Fold Belt, NSW. This strategic move secures a significant 944km² ground position in a premier porphyry copper-gold province, enhancing Copper Search’s exploration potential and aligning with their strategy to develop a pipeline of drill targets with minimal initial capital investment.
More about Rimfire Pacific Mining Limited
Average Trading Volume: 2,679,588
Technical Sentiment Signal: Sell
Current Market Cap: A$47.84M
For a thorough assessment of RIM stock, go to TipRanks’ Stock Analysis page.