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Rimfire Pacific Mining Limited ( (AU:RIM) ) has shared an update.
Rimfire Pacific Mining Limited has commenced a fully funded drilling program at its 100% owned Rabbit Trap Scandium Project in central New South Wales. The program involves drilling 30 air core holes to explore three previously undrilled scandium-prospective magnetic anomalies and expand the Malamute Scandium Prospect. If successful, this could lead to a maiden mineral resource estimate for the Malamute Prospect, enhancing Rimfire’s strategic objective of establishing a globally significant scandium resource. The results of this drilling are expected by late January 2026, potentially impacting the company’s operations and positioning within the scandium market.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is a company operating in the mining industry, focusing on the exploration and development of scandium and other critical minerals. The company is actively engaged in projects within central New South Wales, Australia, aiming to build a significant scandium resource inventory.
Average Trading Volume: 4,295,835
Technical Sentiment Signal: Sell
Current Market Cap: A$33.11M
Find detailed analytics on RIM stock on TipRanks’ Stock Analysis page.