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Copper Search Secures Exclusive Option for Rimfire’s Cowal Project

Story Highlights
  • Rimfire Pacific Mining has agreed to a six-month exclusive option with Copper Search for its Cowal Project.
  • The deal strengthens Copper Search’s position in a key copper-gold province, enhancing exploration potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Copper Search Secures Exclusive Option for Rimfire’s Cowal Project

Confident Investing Starts Here:

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.

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