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Rimfire Pacific Mining Limited ( (AU:RIM) ) has shared an update.
Rimfire Pacific Mining Limited announced a maiden scandium Mineral Resource estimate for the Currajong prospect, increasing its scandium resources by 61%. The Currajong prospect is part of the Avondale Project, and the resource remains open for further exploration. Rimfire plans additional drilling at the Murga Exploration Target and Rabbit Trap Project to potentially expand its scandium inventory further. This development positions Rimfire to enhance its standing in the scandium market, with implications for stakeholders as the company aims to build a globally significant scandium resource inventory.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is a company operating in the mining industry, focusing primarily on scandium resources. The company is engaged in exploring and developing scandium projects in the Fifield District, known as Australia’s scandium epicenter. Rimfire collaborates with Golden Plains Resources under an Earn-In agreement to advance its exploration efforts.
Average Trading Volume: 4,407,797
Technical Sentiment Signal: Sell
Current Market Cap: A$46.32M
See more data about RIM stock on TipRanks’ Stock Analysis page.