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Rimfire Pacific Mining Limited ( (AU:RIM) ) has issued an update.
Rimfire Pacific Mining Limited has commenced an infill air core drilling program at the Murga Exploration Target, located near Sunrise Energy Metals’ Syerston Scandium Deposit in central New South Wales. This initiative is expected to enhance the company’s resource estimates by March 2026 and strengthen its position in the scandium market. Following this, the company plans to explore its Rabbit Trap Scandium Project, marking its first drilling of scandium-prospective anomalies, which could potentially impact its future operations and market standing.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly scandium, in Australia. The company is engaged in projects located in the Fifield District, known as Australia’s scandium epicenter.
Average Trading Volume: 4,447,108
Technical Sentiment Signal: Sell
Current Market Cap: A$33.11M
See more insights into RIM stock on TipRanks’ Stock Analysis page.