Rimfire Pacific Mining (ASX: RIM, 'Rimfire' or 'the Company') is pleased to advise that an aircore drilling program of 2,000 metres designed to determine the extent of nickel - cobalt - scandium mineralisation at the Melrose prospect and to test the geological significance of several new targets is underway on its Avondale and Fifield Earn In Projects which are located 70 kilometres northwest of Parkes within the highly prospective Lachlan Orogen of central
Parkes is the site of the New South Wales Government's proposed Critical Minerals Hub which will be central point for mining and value added processing of critical minerals within the state (source - NSW Government - critical minerals and high tech metals website). Commenting on the announcement, Rimfire's Managing Director Mr
Drilling program details
Rimfire is undertaking aircore drilling (2,000 metre program) to determine the extent of the known nickel - cobalt - scandium mineralisation at the Melrose prospect as well as testing the significance of several new targets on the Avondale and Fifield Earn In Projects. At Melrose, nickel - cobalt - scandium (Ni - Co - Sc) mineralisation occurs at shallow depths within a flat - lying manganese and iron rich (laterite) zone, which is developed over an eastdipping sequence of interlayered ultramafic rocks (pyroxenite, wehrlite, and serpentinised dunite) that is fault bounded against a gabbro to east and volcaniclastic sediments to the west.
Aircore and diamond drilling undertaken last year by Rimfire returned multiple strongly anomalous drill intercepts, e.g.; 21m @ 0.11% Ni, 0.07% Co, and 529 Sc, from 3 metres in FI2397 including 9m @ 0.17% Ni, 0.15% Co and 688ppm Sc from 14 metres, 2.3m @ 0.15% Ni, 0.08% Co and 461ppm Sc from 3 metres and 5.0m @ 0.68% Ni, 0.07% Co and 302ppm Sc from 16 metres in FI2398, 4.9m @ 0.36% Ni, 0.11% Co and 349ppm Sc from 5 metres, and 4.3m @ 0.42% Ni, 0.09% Co and 296ppm Sc from 10.1 metres in FI2399, 10.0m @ 0.14% Ni, 0.10% Co and 456ppm Sc from 1 metre in FI2400 including 5m @ 0.17% Ni, 0.17% Co and 568ppm Sc from 5 metres,
Melrose remains open along strike both to the north and south and the current drilling will be undertaken on a north - south and sperate south east - north west orientated traverse to determine the extent of the mineralisation. As well as the Melrose drilling, Rimfire has recently engaged
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