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Rimfire Pacific Mining Limited ( (AU:RIM) ) just unveiled an update.
Rimfire Pacific Mining Limited has confirmed the Currajong site as a high-grade scandium opportunity following the latest drill assays, which revealed multiple strong scandium intercepts. The results are significant as they position Currajong as a major scandium prospect in the Fifield area, especially amid global supply concerns due to Chinese export restrictions. The company anticipates further assay results by late July 2025, with a scandium mineral resource estimate expected by August 2025, potentially enhancing Rimfire’s role as a secure supplier of scandium in the Western market.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is a company operating in the mining industry, with a focus on scandium exploration and development. The company is engaged in exploring scandium prospects, particularly in the Fifield District of New South Wales, Australia, which is known as the country’s scandium epicenter.
Average Trading Volume: 2,026,377
Technical Sentiment Signal: Sell
Current Market Cap: A$45.32M
For detailed information about RIM stock, go to TipRanks’ Stock Analysis page.