Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Rimfire Pacific Mining NL — Shareholder Meeting (November 2007)
23 slides from Rimfire Pacific Mining's shareholder meeting presentation, Nov 28, 2007
Slide 1: Rimfire Pacific Mining NL AGM; Project Areas
27 November 2007 For personal use only rimfire rimfire pacific mining nl (ASX “RIM”) John Kaminsky Executive Chairman & Colin Plumridge Exploration Manager (AGM 28 November 2007) 27 November, 2007 1 Rimfire Pacific Mining NL – Project Areas Exploration projects within NSW: Bingara Diamonds Copeton-B
Slide 2: Company Profile; Current Rights Issue
27 November 2007 Company Profile For personal use only Shares on Issue 242M Ordinary FP 1.5M call options exercisable Nil 6M call options @ $0.12 Sept 30th 2008 Market Cap. Approx $12 M (pre- (pre-options) Share Price 12 months High 6.6 cent, Low 2.0 cent, Current 5.2 cents Shareholders Holders Top
Slide 3: The Board & Management; Overall Company Performance
27 November 2007 The Board & Management For personal use only John Kaminsky- Joined the Board in May 2004, and has a diverse (Executive Chairman) background internationally, in trade, investment & consulting. John has an MBA (MBS), and B App Sci. Chairman since Dec 2004 Graham Billinghurst - Became
Slide 4: Historic Platinum Price Trend
27 November 2007 Historic Platinum Price Trend Price of Platinum in USD per oz For personal use only •Previous explorers stopped early 90’s (Pt US$400/oz) •Pt price has more than tripled since 2001 •Pt price almost “double gold price” Rimfire secure EL’s 98/99 •RSA and Russia account for 91% of worl
Slide 5: Rimfire Pacific Mining NL Summary
27 November 2007 Rimfire Pacific Mining NL Summary Technical and Management Team well established since 2005 For personal use only Developed clear focus Accountable subsequent exploration plan in place Led to discoveries Financial Strength Rights Issue underwritten 4 small capital raisings completed
Slide 6: Fifield Platinum
27 November 2007 Fifield Platinum Fifield is historically the only developed Platinum field in Australia. Australia. No For personal use only substantial workings for more than 70 years. Platinum and Gold alluvials were discovered in 1887 with reported production in excess of 20,000oz of Platinum. P
Slide 7: Project Strategy at Fifield for Platinum Exploration
27 November 2007 Project Strategy at Fifield for Platinum Exploration For personal use only Target is coarse grain primary Pt, gravity separable, based on Platina Conceptual Model, Primary Source rich small structures (shear zones, dykes, pipes) A large corridor of mineralisation rather than a singl
Slide 8: Fifield Platinum Project Areas
27 November 2007 Fifield Platinum Project Areas For personal use only RIM has five exploration licences Ivanhoe Group Existing Licences 355km2 (USA) New Licence 145km2 Historic Soil Mine Platina 1920’s 27 November, 2007 15 Corridor Of Interest – Magnetite Destruction Ivanhoe Group 8km long potential
Slide 9: Fifield Projects Platina Area Overview
27 November 2007 Fifield Projects Platina Area Overview For personal use only 4Major Project Areas now identified “Goldengreen” Au in Shear Zones Platinum ( x2) Coarse Grain “Platina-Gillenbine” Work Area Gold in Shear Zone (fine) (bedrock exploration) Base Metal (Cu, possible VMS) “Barite Mineralis
Slide 10: Platinum Contours Established; Trenching Program
27 November 2007 Platinum Contours Established – Sub Soil Clay (Focused Trenching “Platina” extended Pt zones in weathered bedrock) For personal use only 250 Auger Holes Clay grades vertically 800m to weathered bedrock 800m length Widths 10~30m in a 200m wide zone Open in many cases First Primary Pt
Slide 11: Trenching Program (cont.)
27 November 2007 Trenching Program (cont.) For personal use only Delineation of Pt mineralisation via rock processing Pt grains liberated and examined Processing facilities established for fast throughput of samples A major geological advance has been achieved Bedrock testing is still at an early st
Slide 12: The Current Approach At Platina
27 November 2007 The Current Approach At Platina (Summary) For personal use only Maximise the sampling and geological data from the existing trenches (9) Increase the sample processing throughput Using trials, determine ideal sample sizes to provide reliable grade estimates for coarse Pt in bedrock
Slide 13: Ebenezer Platinum in Soil Anomaly
27 November 2007 Ebenezer Platinum in Soil Anomaly - Focused examination For personal use only 2 areas selected, one on Rimfire Freehold 50m spacings for additional soil samples Results confirming the surface Pt anomaly Magnetic and radiometric survey completed Auger Drill Program commenced Sample a
Slide 14: Eclipse Work Program
27 November 2007 Eclipse Work Program For personal use only The area of the gossanous float exceeds 300m x 70m. Two thirds of the assayed rock chips had anomalous Cu values at 0.05% or higher. A highest value of 2800 ppm Cu was noted. Silver (Ag) values were anomalous many in the range 0.7g/t to 2.0
Slide 15: Operating Plant at Fifield
27 November 2007 Operating Plant at Fifield For personal use only Dam 0.5 Hectares Indoor Sample Gravity Recovery Plant Processing Facility Fine Grinder Hammer Mill Crusher 27 November, 2007 29 Samples Processed 27 November, 2007 30 15
Slide 16: Coarse Pt identified; Bingara Diamonds
27 November 2007 For personal use only Coarse Pt identified 30% of soil lines Missed by others Previous grades understated? New Targets Identified Discrete anomalies Auger and Trench Fault Line Gold component “Skarn Skarn--like target” Weathered Bedrock Favourable extraction? Previous drill programs
Slide 17: Rimfire Diamond Exploration
27 November 2007 Rimfire Diamond Exploration For personal use only Copeton--Bingara first diamonds discovered and mined as alluvials in Australia 100 years Copeton ago – source and origin of these 2 million diamonds? Rimfire early exploration identifies diamond and key diamond indicator minerals (hi
Slide 18: Mantle Garnet Types, Bingara
27 November 2007 MANTLE GARNET TYPES (W-E) BINGARA, by chemistry (Stream Sediment Sampling Rimfire 2002) Andradite 100% For personal use only Lherzolite 50% Megacrysts Eclogite II 0% Eclogite I B C Trevallyn M in ty (23) N areen a (101) O ther (65) T o m & Jerry B raem ar Five M ile (35) B C G len I
Slide 19: Horton Valley No.1 Pipe
27 November 2007 For personal use only “Source” of key DIM “Pipe” discovered > 300m length Bulk Sample to follow in due course 27 November, 2007 37 “Horton Valley No.1 Pipe” (Tom & Jerry South Peak location) Basanite caps Basement DIM Source – “Pipe” Bingara Diamond Project. 27 November, 2007 38 19
Slide 20: Horton Valley No.2 Pipe
27 November 2007 “Horton Valley No.2 Pipe” For personal use only - Back Creek Glen Idle Bingara Diamond Project NSW – Back Creek (Glen Idle) Surface and Near Surface geology Scale 250m Indicator Mineral Guide Probable Back Creek Glen Idle Vent “Horton Valley No. 2 Pipe” Crystal Fragments in Breccia?
Slide 21: Trevallyn Area; South of Horton Valley No.1
27 November 2007 Trevallyn Area For personal use only - Mantle Derived Rock of interest Garnet chemistry in stream very good Diamond was found previously in drainage “MARID” suite rock newly discovered – Mantle DIM in soils being searched Auger drill 30 degree Rock sample with large slope crystals,
Slide 22: Planned Exploration at Bingara; Summary
27 November 2007 Planned Exploration at Bingara For personal use only Continue the proven methodology for target selection Drainage sampling Soil Sampling Indicator mineral chemistry Subsurface “investigative drilling” in steep and difficult terrane Skid mounted auger (30 degree slopes) Isolate diat
Slide 23: Contact us
27 November 2007 Contact us For personal use only Thank you John Kaminsky Executive Chairman + 61 3 9620 5866 www.rimfire.com.au rimfire@rimfire.com.au Colin Plumridge Exploration Manager The information in the report to which this statement is attached that relates to Exploration Results, Mineral R
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