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An announcement from Rimfire Pacific Mining Limited ( (AU:RIM) ) is now available.
Rimfire Pacific Mining Limited has confirmed the Currajong prospect as a high-grade scandium opportunity, bolstering its position in the scandium-rich Fifield District amid global supply concerns due to Chinese export restrictions. The company has also entered into an Option to Purchase Agreement with Copper Search Limited for its Cowal Copper Gold Project, valued at $700K, and raised $3.5 million through a share placement to support its exploration and development activities, despite an unsuccessful arbitration with Golden Plains Resources.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is an ASX-listed exploration company focused on critical minerals, primarily scandium, within the Fifield and Broken Hill districts of New South Wales, Australia.
Average Trading Volume: 2,173,817
Technical Sentiment Signal: Sell
Current Market Cap: A$32.84M
For detailed information about RIM stock, go to TipRanks’ Stock Analysis page.