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Rimfire Pacific Mining Limited ( (AU:RIM) ) just unveiled an announcement.
Rimfire Pacific Mining Limited has identified three new drill targets for base metals at its Broken Hill Base Metal Project, following a review of historic geophysical and geological data. These targets, located near the prolific Broken Hill Line of Lode, are prospective for copper, cobalt, lead, silver, and zinc, and complement Rimfire’s existing cobalt targets. The company is exploring various commercial options to generate shareholder value, including sole funding exploration, partnering, or divestment, amidst a mining renaissance in the region. This strategic move could enhance Rimfire’s industry positioning and offer significant opportunities for stakeholders.
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 mineral resources. The company’s primary products include base metals such as copper, cobalt, silver, lead, and zinc, with a particular market focus on the Broken Hill region in New South Wales, Australia.
Average Trading Volume: 2,313,478
Technical Sentiment Signal: Sell
Current Market Cap: A$35.42M
For an in-depth examination of RIM stock, go to TipRanks’ Overview page.