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Rimfire Completes Drilling Program to Expand Scandium Resources

Story Highlights
  • Rimfire has completed a drilling program to support the conversion of the Murga Exploration Target into a mineral resource.
  • If successful, the new resource could significantly enhance Rimfire’s scandium inventory and industry presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rimfire Completes Drilling Program to Expand Scandium Resources

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An announcement from Rimfire Pacific Mining Limited ( (AU:RIM) ) is now available.

Rimfire Pacific Mining Limited has announced the completion of its infill drilling program at the Murga Exploration Target, located near prominent scandium sources in central New South Wales. The program included 86 air core holes spanning 2,384 meters, aimed at converting its exploration target into a mineral resource. With assay results expected in early 2026, the successful conversion could add significant scale to Rimfire’s existing scandium resource inventory, bolstering its industry position and growth potential.

More about Rimfire Pacific Mining Limited

Rimfire Pacific Mining Limited is an Australian mining company focused on the exploration and development of resources, particularly scandium. It operates within the Fifield District, regarded as Australia’s scandium epicenter, and works to expand its scandium resource inventory to support industrial applications.

Average Trading Volume: 3,675,359

Technical Sentiment Signal: Hold

Current Market Cap: A$38.63M

For detailed information about RIM stock, go to TipRanks’ Stock Analysis page.

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