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An update from Rimfire Pacific Mining Limited ( (AU:RIM) ) is now available.
Rimfire Pacific Mining has launched a metallurgical study on low iron scandium mineralised material from its Murga deposit in the Fifield District, aiming to determine if the metal can be economically recovered at atmospheric pressure. Initial bottle roll leach tests are underway on representative core samples, with findings expected by late June 2026 and potential follow-up work using agitated or vat leach techniques.
Murga now hosts an inferred resource of 56.1Mt at 138ppm scandium for 11.9kt of scandium oxide, contributing to Rimfire’s total scandium oxide resource of more than 16kt. The deposit’s relatively low iron content could allow the use of less capital-intensive atmospheric tank or vat leaching instead of high pressure acid leaching, a potential technical and economic advantage that may enhance project economics and support Rimfire’s ambition to build a globally significant scandium inventory at Fifield.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is an Australian exploration company focused on scandium resources in the Fifield District of central New South Wales, a key hub for this critical metal. The company’s scandium portfolio now totals 10.6kt of scandium (16.2kt scandium oxide), placing it among the most significant scandium players in the area and supported by additional upside at its Malamute prospect on the 100% owned Rabbit Trap Project.
Average Trading Volume: 1,360,467
Technical Sentiment Signal: Sell
Current Market Cap: A$30.51M
See more insights into RIM stock on TipRanks’ Stock Analysis page.