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Rimfire’s Maiden Drilling at Murga Unveils High-Grade Scandium Potential

Story Highlights
  • Rimfire Pacific Mining focuses on scandium exploration in Fifield, Australia.
  • Maiden drilling at Murga reveals high-grade scandium, suggesting new exploration opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rimfire’s Maiden Drilling at Murga Unveils High-Grade Scandium Potential

Confident Investing Starts Here:

Rimfire Pacific Mining Limited ( (AU:RIM) ) has issued an update.

Rimfire Pacific Mining Limited has announced promising results from its maiden diamond drilling program at the Murga Exploration Target, revealing high-grade scandium mineralization in laterite and anomalous scandium in underlying pyroxenite rocks. These findings suggest a new exploration opportunity and enhance the potential for a significant scandium resource inventory, reinforcing Rimfire’s strategic positioning in 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 mineral resources. The company is particularly involved in scandium exploration, with a significant presence in Fifield, Australia’s scandium epicenter.

YTD Price Performance: -42.50%

Average Trading Volume: 1,867,613

Technical Sentiment Signal: Buy

Current Market Cap: A$60.43M

For a thorough assessment of RIM stock, go to TipRanks’ Stock Analysis page.

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