Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — 8th Annual Mining NSW Conference 2014
46 slides from Rimfire Pacific Mining's conference presentation, Aug 27, 2014
Slide 1: Fifield District - The Hard Rock Story
rimfire pacific mining nl (ASX “RIM”) For personal use only 8th Annual Mining NSW Conference “Fifield District - The Hard Rock Story” August, 2014 Rimfire Pacific Mining 1
Slide 2: Disclaimer
Disclaimer Disclaimer: This presentation contains “forward looking statements” as defined or implied in common law and within the meaning of the Corporations Law. Such forward looking statements may include, without limitation, (1) estimates For personal use only of future capital expenditure; (2)
Slide 3: Company Profile
Company Profile – 19 th August Shares on Issue 688M Ordinary FP For personal use only • Placement and SPP 76M shares at 4.3 cents, Sept 2013, $3.3M gross, 12% dilution • No options and No Convertible Notes Market Cap. Approx. $20.6M @3.0 cents Share Price Movement • 2012 High 9.3 cent (Oct), Low 2.5
Slide 4: Share Price Performance
ASX:RIM Share Price Performance 16-Aug-2010 - 19-Aug-2014 Exploration Sector major correction For personal use only Fi 212 Discovery Trench 31 9m @ 4.9g/t Au Fi 160 Price and volume 14m @ 21.9g/t Au 14m @ 24.4g/t Au And 26m @ 155g/t Ag Liquidity and value decline Gold and Silver Price decline
Slide 5: Project Location – East Lachlan Fold Belt
For personal use only Project Location – East Lachlan Fold Belt Tottenham Wellington Syerston (Ivanhoe) North Parkes (China Mo Co.) Forbes Orange Copper Hill (Golden Cross Resources) McPhillamy’s (REGIS) Lake Cowal Brown’s Creek Cadia Valley (Newcrest) 20km
Slide 6: Project Location
For personal use only Project Location Tottenham Wellington Rimfire Pacific Mining NL 6 Exploration Licenses, Contiguous tenement package, Forbes Orange 313 square kms. 210Ha freehold land, Lake Alluvial Gold 1880, Cowal Alluvial Platinum 1890, 20,000Oz Pt historical 20km production.
Slide 7: Sorpresa Discovery
Sorpresa Discovery 1946 – Golden Green Golden For personal use only Green South George and son Noel Green, Prospected base metals at “Original Sorpresa” Mined “Golden Green” (left). Noel (above) passed away this year.
Slide 8: Sorpresa Discovery
For personal use only Sorpresa Discovery 8.84g/t Au rock chip at Original Sorpresa. Gold in Rock chip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.7km strike. Trenching reveals near surface high grade Gold (9m @ 4.9g/t Au). Drilling defines high grade Au / Ag mi
Slide 9: Sorpresa Discovery (2007 – 2013)
For personal use only Sorpresa Discovery (2007 – 2013) Roadside Ag / Au 8.84g/t Au rock chip at Original Sorpresa. Gold in Rock chip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.7km strike. Old Sorpresa Trenching reveals near surface high Join Up grade Gold (9m @
Slide 10: Sorpresa – Significant Intersections
Sorpresa – Significant Intersections Gold Silver (Roadside) For personal use only 16m @ 5.32g/t Au 12m @ 394g/t Ag 7m @ 4.24g/t Au 28m @ 119g/t Ag Roadside 14m @ 24.4g/t Au 26m @ 155g/t Ag 21m @ 1.11g/t Au 20m @ 230g/t Ag Original Sorpresa 13m @ 1.59g/t Au 10m @ 535g/t Ag (incl.
Slide 11: Sorpresa – What is it?
Sorpresa – What is it? Fi 328 DDH 90m to 91m - 1m @ 22.7g/t Au, 312g/t Ag Variably East dipping, gently folded, For personal use only variably plunging mineralized plane; Comprised of quartz / sericite / muscovite / carbonate / pyrite altered, crackle brecciated and carbonate-sulphide-gold cemente
Slide 12: Sorpresa – What is it?
Sorpresa – What is it? Native Gold formed as ~2 – 50um grains, For personal use only moderately high fineness (i.e. Au > Ag) Most Gold occurs as inclusions in Sphalerite with some in Pyrite and Galena. Silver occurs in Galena and Tennantite – Tedrahedrite. Later deformation remobilised some
Slide 13: Sorpresa Current RC Drill Program
Sorpresa Current RC Drill Program SOUTH NORTH For personal use only Trench 31 Boundary Gate Join-Up Roadside Roadside North Original Sorpresa BGE (a) Sorpresa Gold Long Section 1.5km (b) Sorpresa Silver Long Section Sorpresa Implicit Model Long Section looking west illustrating higher grade (a) Gold
Slide 14: Sorpresa Current RC Drill Program
Sorpresa Current RC Drill Program SOUTH NORTH For personal use only Trench 31 Boundary Gate Join-Up Roadside Roadside North Original Sorpresa BGE (a) Sorpresa Gold Long Section 1.5km video by hyperlink: Click Here demonstrates the 3D Exploration Gold Mineralisation Model (b) Sorpresa Silver Long Sec
Slide 15: Sorpresa Current RC Drill Program
Sorpresa Current RC Drill Program Recently completed 22 hole for 4,687m RC program. For personal use only Understand and extend the down dip and down plunge position at Roadside North Determine the relationship of Roadside and Original Sorpresa. Expand the high grade gold position at BGE.
Slide 16: Intersection Highlights prior to current drill program
Fi0315: 2m @ 1.11 Fi0322: 12m @ 0.19 rimfire pacific mining nl And 28m @ 55 And 14m @ 55 Fi0221: 8m @ 0.34 and 10m @ 0.67 Fi0320: 10m @ 0.53 And Incl: 4m @ 159 Incl: 2m @ 129 and 12m @ 394 16m @ 245 Incl: 2m @ 932 and Incl: 2m @ 580 Incl: 2m @ 211 and Incl: 2m @ 525 For personal use only Fi0212: 14m
Slide 17: Intersection Highlights current drill program
Fi0413: 13m @ 0.61/104 incl: 5m @ 1.3/220 Fi0322: 12m @ 0.19 rimfire pacific mining nl incl: 1m @ 3.2/764 And 14m @ 55 Fi0221: 8m @ 0.34 and 10m @ 0.67 Fi0320: 10m @ 0.53 And & Incl: 2m @ 129 and 12m @ 394 16m @ 245 Fi0413: 7m @ 2.17/70 Incl: 2m @ 932 and Incl: 2m @ 580 Incl: 2m @ 211 and Incl: incl
Slide 18: Roadside and Roadside North Implicit Model Long Section
Fi0413: 13m @ 0.61/104 incl: 5m @ 1.3/220 rimfire pacific mining nl incl: 1m @ 3.2/764 & Fi0413: 7m @ 2.17/70 “Roadside” incl: 1m @ 10.8/71.6 For personal use only 400m Fi0412: 20m @ 0.33g/t Au Fi0408: 7m @ 0.33/18 Fi0412: 9m @ 0.2g/t Au Fi0410: 12m @ 0.32/29 Interpreted Gold and incl: 1m @ 0.98/161
Slide 19: Sorpresa Current RC Drill Program
Sorpresa Current RC Drill Program SOUTH NORTH For personal use only Trench 31 Boundary Gate Join-Up Roadside Original Sorpresa BGE Interpreted Gold and Silver (a) Sorpresa Gold Long Section Mineralized Envelope 1.5km >15g/t Ag >30g/t Ag >60g/t Ag (b) Sorpresa Silver Long Section Roadside and Roadsid
Slide 20: Sorpresa Current RC Drill Program
Sorpresa Current RC Drill Program Fi0424: 10m @ 0.32g/t Au & 79 g/t Ag From 55m incl: 3m @ 0.58g/t Au & 153 g/t Ag From 61m Highlight Intersections For personal use only & 12m @ 0.97g/t Au From 98m SOUTH incl: 5m @ 1.91g/t Au & 13 g/t Ag From 104m NORTH Boundary Gate Join-Up Roadside Roadside North
Slide 21: Sorpresa Results
Sorpresa Results Roadside North and Roadside are continuous and Silver Dominate For personal use only The current drilling has revealed multi million Oz Silver potential & Gold Credits Current Mineralized Envelope ~ 400m x 400m, open down dip. Southern strike closed off, Northern strike impi
Slide 22: Sorpresa – Regional Extensions
Sorpresa – Regional Extensions Excellent correlation of For personal use only Mineralisation to Gravity Basement topographic Roadside highs produced from quartzite host rocks. Boundary Gate Boundary Gate East 1st Vertical Derivative Gravity Image Trench 31 Implicit Model is an interpretive explo
Slide 23: Sorpresa – Regional Extensions
Sorpresa – Regional Extensions Excellent correlation of For personal use only Mineralisation to Gravity Basement topographic highs produced from quartzite host rocks. Roadside Regional Exploration tool locating potential Trench 31 extensions and repeats under shallow cover. 1st Vertical Deriva
Slide 24: Sorpresa – Regional Extensions
Sorpresa – Regional Extensions Roadside Ag / Au Excellent correlation of For personal use only Mineralisation to Gravity Original Sorpresa Basement topographic Join Up highs produced from quartzite host rocks. Regional Exploration tool Boundary Gate East (BGE) locating potential Boundary Gate
Slide 25: Regional Exploration
Regional Exploration Sorpresa was the first ….. but is it the BEST? For personal use only Intensive Review of all occurrences, workings and prospects. Assignment of a dedicated Regional Exploration team. Re-processing of all geophysical data sets (IP, Mag, Grav, EM) + New Acquisition Stand a
Slide 26: Prospect Pipeline – Feb 2014
For personal use only Prospect Pipeline – Feb 2014 Roadside Au Advanced Roadside Ag Projects SORPRESA Trench 31, Old Sorpresa, Join-Up, High Grade Boundary Gate, BGE Intersections Advanced Geochemical Anomalies Emerging Conceptual REGIONAL Targets August, 2014 Rimfire Pacific Mining 26
Slide 27: Regional Exploration
For personal use only Regional Exploration 6km
Slide 28: Regional Exploration
For personal use only Regional Exploration Golden Green • 31 Undrilled Gold workings • 500m long Auger Gold anomaly >20ppb Au, open • 8.21 and 4.1g/t Au rock chips Rabbit Hill RAB 16m @ 0.32g/t Au 17m @ 0.23g/t Au Golden Green South RC: • 2m @ 12.42g/t Au, Incl. 1m @ 23.6g/t Au • 2m @ 2.32g/t Au and
Slide 29: Regional Exploration
For personal use only Regional Exploration Golden Green • 31 Undrilled Gold workings Airborne Magnetic / • 500m long Auger Gold Radiometric Survey Area anomaly >20ppb Au, open • 8.21 and 4.1g/t Au rock chips Rabbit Hill RAB 16m @ 0.32g/t Au 17m @ 0.23g/t Au Golden Green South RC: • 2m @ 12.42g/t Au,
Slide 30: Regional Exploration
For personal use only Regional Exploration Golden Green • 31 Undrilled Gold workings • 500m long Auger Gold anomaly >20ppb Au, open • 8.21 and 4.1g/t Au rock chips Rabbit Hill RAB 16m @ 0.32g/t Au 17m @ 0.23g/t Au Golden Green South RC: • 2m @ 12.42g/t Au, Incl. 1m @ 23.6g/t Au • 2m @ 2.32g/t Au and
Slide 31: Regional Exploration
Regional Exploration Glen Iris Yoe’s Lookout • Rock chip highlights • 1.4km long Auger gold anomaly, open • 5.97g/t Au, 0.35% Cu, 1.08% Co • 3.4g/t Au, 2.1g/t Au, 2.3g/t Au rock For personal use only chips Golden Green • Au As Se Te association • 31 Undrilled Gold workings • Calcic Skarn and Magneti
Slide 32: Prospect Pipeline – August 2014
Prospect Pipeline – August 2014 Resource Definition For personal use only ROADSIDE UP Advanced Projects Trench 31, GGS, Twin Shafts Old Sorpresa On hold Boundary Gate, BGE, High Grade Join-up Intersections UP GGS, Twin Shafts Rabbit Hill Advanced On hold Rabber’s Lookout Geochemical Emerging Anomali
Slide 33: Regional Exploration – Carlisle Prospect
Regional Exploration – Carlisle Prospect Highlights For personal use only New discovery in the “Fifield Central Gold Corridor” in the last 2 months. Two target styles: 1. Outcropping quartz-pyrite-arsenopyrite stockwork veined shear zones. Structurally controlled, sediment hosted, orogenic gold
Slide 34: Carlisle Target
rimfire pacific mining nl (ASX “RIM”) For personal use only Carlisle Target 2 “Blind” magnetic target 12.55g/t Au 23g/t Au Carlisle Target 1 13.7g/t Au Rock Chip Outcrop -Looking South • 85m x 40m “basement window” • 85% of rock chip samples returned results > 1g/t, and 20% > 10g/t Au • Up to 23g/t
Slide 35: Carlisle Gold Prospect aeromagnetic image
rimfire pacific mining nl (ASX “RIM”) RTP 1VD Carlisle Gold Prospect • 23.0g/t Au, 13.75g/t Au, Roseneath Gold Prospect Aeromagnetic • 3.7g/t Au & 1.7g/t rock chips Goldenchrome Gold Prospect For personal use only Image 13.7g/t Au, 12.55g/t Au, 9.06g/t Au, 7.55g/t Au, • Cu up to 1,130ppm & Mo up • 1
Slide 36: Carlisle Copper – Gold Magnetic High Anomaly
rimfire pacific mining nl Target 2: (ASX “RIM”) Carlisle Copper – Gold • Banded silica - hematite – magnétite – Magnetic High limonite/pyrite jasper outcrop with trace For personal use only Anomaly Native Cu. • Undrilled. • Up to 1.1g/t Au in quartzite rock chip float. Devonian Sedimentary Ordovicia
Slide 37: Regional Exploration – Eclipse Prospect
Regional Exploration – Eclipse Prospect Highlights For personal use only Zoned Polymetallic Low Sulphidation Epithermal System, within hydrothermally altered, quartz – feldspar porphyry sub-volcanic intrusive centre. Defined over >1.2km x 0.6kms open and undrilled. Extensive low sulphidation e
Slide 38: Eclipse Target 1
rimfire pacific mining nl (ASX “RIM”) 0.59% Cu, 0.55% Cu, 7g/t Ag, 0.78% Pb & 0.21% Zn Target 1 100m 0.22% Pb & Discrete Ag-Pb-Zn-Cu-Au- For personal use only 0.10% Co TARGET 1 Silver in Auger Co-Ba rich breccia & semi- Anomaly (>480ppb Ag massive sulphide – NW Contour) magnetic target. 0.60% Cu &
Slide 39: Eclipse Target 2
rimfire pacific mining nl (ASX “RIM”) Ag + base metal Target 2 rock chips >800m long Au-Cu-(±Bi- For personal use only • 32g/t Ag • 0.62% Cu Ag-Ba) auger anomaly • 0.78% Pb • 0.23% Zn (>20ppb Au, up to 550ppb Au & 1,650ppm Cu). TARGET 1 Up to 18.7g/t Au in rock chips. Interpreted as a Au-Cu ri
Slide 40: Eclipse Target 3
rimfire pacific mining nl (ASX “RIM”) Ag + base metal Target 2 rock chips >800m long Au-Cu-(±Bi- For personal use only • 32g/t Ag • 0.62% Cu Ag-Ba) auger anomaly • 0.78% Pb • 0.23% Zn (>20ppb Au, up to 550ppb Au & 1,650ppm Cu). TARGET 1 Up to 18.7g/t Au in rock chips. Interpreted as a Au-Cu ri
Slide 41: Regional Exploration – Yoe's Lookout
Regional Exploration – Yoe’s Lookout Two robust emerging targets: For personal use only Target 1: Structurally controlled, sediment (BIF) / greenstone hosted, orogenic gold target. >1.4km long, coherent gold in Yoe’s Lookout >1.4km auger (>20ppb Au, up to 6km East Strike 1.62g/t Au) anomaly - op
Slide 42: Regional Exploration – Yoe's Lookout
Regional Exploration – Yoe’s Lookout Two robust emerging targets: For personal use only Target 2: Possible ‘blind’ Skarn / Porphyry Cu-Au target or ‘blind’ BIF hosted orogenic gold target Yoe’s Lookout Linear magnetic high anomaly >1.4km 6km East Strike (800m x 200m), associated with up to 200m
Slide 43: Regional Exploration – Yoe's Lookout
For personal use only Regional Exploration – Yoe’s Lookout Looking North A’ A August, 2014 Rimfire Pacific Mining 43
Slide 44: Regional Exploration – Current Auger
Regional Exploration – Current Auger Jacks Lookout For personal use only Glen Iris Golden Green Platina Gillenbine Golden Green South Twin Shafts Platina Lead Au (ppb) in Auger 1km www.rimfire.com.au 44
Slide 45: Why Rimfire…
Why Rimfire… Fifield District – The Right Address for Discoveries For personal use only Crustal Scale Structural Intersections, Multi-commodity (Gold, Silver, Platinum and Base Metal), Multiple Deposit styles, Large Scale Mineralization Footprint 6km radius of Sorpresa, Totally Under Exp
Slide 46: Thank You
For personal use only THANK YOU www.rimfire.com.au 46
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