Rimfire Uncovers Significant Gold–Antimony Target at Broken Hill’s Windy Ridge Prospect

The latest update is out from Rimfire Pacific Mining Limited ( (AU:RIM) ).

Rimfire Pacific Mining has identified a significant new gold–antimony opportunity at its 100%-owned Broken Hill Base Metal Project, with historic work at the Windy Ridge prospect outlining a 2.5km gold corridor and a 600m mineralised zone that remains open down dip. Historic drilling from 40 years ago, now reassessed with an antimony focus, has returned broad intervals of gold with associated antimony, rock chip samples up to 37 g/t gold, and coincident geophysical anomalies, prompting Rimfire to evaluate commercial options for Windy Ridge and the wider Broken Hill project, including further self-funded exploration, a partnership, or divestment, as it seeks to leverage both its scandium portfolio and this emerging critical minerals opportunity in the context of rising policy support for strategic minerals such as antimony.

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 (ASX: RIM) is an Australian critical minerals explorer focused on scandium and base and precious metals, with key projects in New South Wales including the Broken Hill Base Metal Project and scandium targets at Fifield. The company targets commodities such as cobalt, copper, gold, antimony, silver, lead, zinc and rare earth elements, positioning itself to benefit from growing demand for critical minerals in emerging technologies and industrial applications.

Average Trading Volume: 2,223,594

Technical Sentiment Signal: Hold

Current Market Cap: A$49.79M

See more data about RIM stock on TipRanks’ Stock Analysis page.