Rimfire Drilling Confirms Rabbit Trap as Major Scandium Discovery in NSW

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

Rimfire Pacific Mining has confirmed its Rabbit Trap Project in central New South Wales as a significant scandium opportunity after a December 2025 air core drilling program at the Malamute Scandium Prospect returned multiple thick, high-grade scandium intercepts within flat-lying laterite. The prospect has been drilled over an area of about 600 metres by 400 metres, remains open to the north and east, and shows strong potential for resource growth.

The company, which already holds substantial scandium resources in the Fifield District, believes the Malamute results support its strategy to build a globally significant scandium inventory and may underpin a future mineral resource estimate. Rimfire owns one of the two Rabbit Trap exploration licences and holds an exclusive option to acquire 100% of the Malamute-hosting EL8666 from Javelin Minerals, with a decision on exercising the option due soon, a step that would consolidate its position in a prospective critical minerals belt.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

More about Rimfire Pacific Mining Limited

Rimfire Pacific Mining Limited is an Australia-based exploration company focused on critical minerals, particularly scandium, as well as nickel, cobalt and platinum group elements. Its key projects are located in the Fifield District and central New South Wales, where it is working to build a globally significant scandium resource inventory to supply emerging high-value technology and industrial markets.

Average Trading Volume: 1,781,138

Technical Sentiment Signal: Sell

Current Market Cap: A$49.79M

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