Rimfire Pacific Mining Limited · ASX:RIM

Rimfire Pacific Mining — Rimfire Pacific Mining NL — Shareholder Meeting (November 2011)

61 slides from Rimfire Pacific Mining's shareholder meeting presentation, Nov 25, 2011

  1. Slide 1: Au in Rock – AGM 2011

    For personal use only rimfire pacific mining nl (ASX “RIM”) Au in Rock John Kaminsky 0.5mm Executive Chairman & Colin Plumridge Senior Geologist Head of Exploration (AGM 25th November 2011) 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 1

  2. Slide 2: Presentation Overview

    Presentation Overview For personal use only  Corporate and Operations Status Summary  Fifield NSW - Mineralised Context  Important Regional and Localised Structural Corridors  Metal Zoning Observations at Fifield  Sorpresa Gold Exploration and Discovery Confirmation  The Larger Gold Picture at

  3. Slide 3: Rimfire Pacific Mining NL – Project Areas

    Rimfire Pacific Mining NL – Project Areas For personal use only  Exploration projects within NSW: Fifield Platinum and Gold  Only dedicated Platinum mining in Australia, alluvial resource was not exhausted, hard rock not understood  Major Gold Potential – Sorpresa and more  Base Metal Potential

  4. Slide 4: Company Profile

    Company Profile (24th November 2011) For personal use only Shares on Issue • Placement 60M shares at 3.7 cents, April 2011, $2.22M gross • Exercise of Options 26.8M @ 4.0 cents, August 2011, $1.07M gross • 526M Ordinary FP Market Cap. Approx. $16.3 M @3.1 cents Share Price Movement • 2011 High 6.0 c

  5. Slide 5: The Board & Management

    The Board & Management For personal use only Joined the Board in May 2004, and has a diverse John Kaminsky background internationally, in trade, investment & (Executive Chairman) consulting. Has an MBA (MBS), and B App Sci. Chairman since Dec 2004. Graham Billinghurst Became a Director in May 1999 a

  6. Slide 6: Rimfire Share Price

    Rimfire Share Price (12 months Comparison chart to 18th November 2011) For personal use only rimfire rimfire 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 6

  7. Slide 7: Platinum and Gold Market - Price Trend

    Platinum and Gold Market - Price Trend Price of Platinum and Gold in USD per oz For personal use only Historic Platinum Price Premium over Gold Willem Weytjens Published 6/27/2011 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 7

  8. Slide 8: Platinum and Gold Market Outlook

    Platinum and Gold Market Outlook For personal use only • Platinum has declined this year. In comparison, gold has rallied this year. • Platinum’s ratio to gold slumped to the lowest level in at least 24 years as concern that the European debt crisis may hamper global growth curbed the metal’s use in

  9. Slide 9: Global Platinum Market 2010 Summary

    Global Platinum Market 2010 Summary For personal use only  Gross demand increased 16%  Auto, Industrial  Mine supply almost unchanged  Recycling up 30%  Auto catalysts up 43%  Jewellery decline 14%  China demand still strong  Gross Industrial up 48%  Economic recovery 2010  ETFs – Investme

  10. Slide 10: Exploration Program Goals 2012

    Exploration Program Goals 2012 For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 10

  11. Slide 11: Company Operations Review Summary

    Company Operations Review Summary For personal use only Excellent 12 month period - Sorpresa Gold Discovery Confirmed  Strongly gold mineralised system over a large area (4km2 prospective)  High Grade seen (> 60g/t Au; >150g/t Ag)  “Part” of Trench 31 area likely 13,000 to 21,000 ounce (conceptua

  12. Slide 12: Company Operations Review Summary (cont.)

    Company Operations Review Summary (cont.) Wider Fifield district potential for Gold has risen to a new level For personal use only  The Company’s proven approach to mapping, geochemistry (soil and bedrock) Potential for “Company Making” Discovery in this geology - Target  “0.5m to 1.5m ounce Conce

  13. Slide 13: Breaking News

    Breaking News Doubling of likely known Gold Receptive “black silica” horizon For personal use only  Mapping in the last week  Likely “Sorpresa-like” black silica increased from 300m tonnes to 600m tonnes  Along strike and South from known Sorpresa geology  “Only a small part of a likely much big

  14. Slide 14: District, Structural Trends, Metal Zoning

    District, Structural Trends, Metal Zoning For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 14

  15. Slide 15: District Trends – Good Address!

    District Trends – Good Address! (Along strike) For personal use only  Lachlan Lineament – Major Mineralised corridor  Tout Complex at Fifield Orientation – Confirms lineament position  Au and Pt in some Shears with this orientation at Fifield  Cadia, North Parkes, Ivanhoe, Kimberley Metals 25 No

  16. Slide 16: Fifield Platinum Rimfire Major Project Areas

    Fifield Platinum Rimfire Major Project Areas  RIM has seven exploration licences For personal use only  Approx. 300 km2  2 Mineral claims (Mining Licences) and a Bulk Disturbance permit “Pit One”  Permit for 6 x 100m trenches Platina Lead  Platina- Tresylva Corridor of Faults  Contains Pt and

  17. Slide 17: Gravity Interpretation of Regional Structure

    Gravity Interpretation of Regional Structure For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 17

  18. Slide 18: Microgravity Conducted at Sorpresa

    Microgravity Conducted at Sorpresa (relationship with geology) For personal use only  Coverage extended  Adding value to Au position location 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 18

  19. Slide 19: Mineralisation Zoning At Fifield

    Mineralisation Zoning At Fifield Au, Pt, Base Metal For personal use only Rift Margins Pt corridor Strong Au zoning evident Base Metal Potential Diverse Mineralisation  Underexplored historically  Strong Commercial Potential 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 19

  20. Slide 20: Mineralisation Zoning At Fifield

    Mineralisation Zoning At Fifield Au, Pt, Base Metal For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 20

  21. Slide 21: Advances in Knowledge of Pt & Au Mineralisation at Fifield

    Advances in Knowledge of Pt & Au Mineralisation at Fifield For personal use only Issues of Difference in Exploration Prior to Rimfire Rimfire Advance Drainage Direction Interpreted to/from Fifield North to South South to North Rift Valley Setting Not seen Recognised Coarse Pt recognised and recovere

  22. Slide 22: Exploration at Fifield

    Exploration at Fifield - Main Presentation Discussion Items For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 22

  23. Slide 23: Rimfire Approach to Exploration

    Rimfire Approach to Exploration For personal use only Use of Wide spread Geochemistry  Soils, Auger drilling into bedrock Geological Approach to Mineralisation  Respect the uniqueness of the data, it may not conform to other models A Commercial Focus must always be paramount  Favourable mining

  24. Slide 24: The Current Gold Snapshot for Fifield Area

    The Current Gold Snapshot for Fifield Area For personal use only  Numerous Fine Au occurrences  Different to the Coarse Au at Fifield – More than one Au mineralised system  Noted historic “hard rock Au scratchings” mapped  Mapping, Creeks, Soils, Chips, Bedrock sampled by Rimfire  Sorpresa disc

  25. Slide 25: Sorpresa RC Drilling on Soil and Bedrock Geochemistry

    Sorpresa RC Drilling on Soil and Bedrock Geochemistry 1.2 km For personal use only 2 New Holes 2008 Sorpresa RC Fi47 Location. 13m interval (from 2m to 15m) at 1.59g/t Au, 8.7g/t Ag, 0.53% Pb Includes a 6m interval (from 4m to 10m) at 2.47g/t Au, 14.7g/t Ag, 0.95% Pb. 4 New October 2010 Trench 31 Ho

  26. Slide 26: Sorpresa Fine Au Discovery

    Sorpresa Fine Au Discovery Brief History Line For personal use only  Au area of considerable potential – Missed historically due to lack of visual surface expression  Visible prospecting ineffective, disseminated fine Au, – no panning  No defined quartz association, no surface lag, no outcrop  L

  27. Slide 27: Immediate Context for Sorpresa Project Growth

    Immediate Context for Sorpresa Project Growth For personal use only  Drilling across a 1.6km length  4 Areas RC drilled, > 500m Au strike  Definite Open areas  Black Silica Receptive Geology  Mapping increases area to SW in particular  Part of 4km2 area - highly prospective  Huge Room for Gro

  28. Slide 28: Sorpresa Fine Au Discovery RC Drilling overview

    Sorpresa Fine Au Discovery RC Drilling overview For personal use only  Greenfields RC drilling – 3,546m May & September 2011  4 areas across strike length of 1.6km  Field Microscope, panning visible Au/geology, XRF Chemistry, strong pathfinders in real time  Environmental permitting and performa

  29. Slide 29: RC Drilling Area (Trench vicinity)

    RC Drilling Area 1 (Trench 31 vicinity) For personal use only  Fi 72: 4m @ 17.5g/t Au (incl. 1m @ 63.5g/t)  Combined strike approx. 275m  Significant extension in last RC drilling  Partial 3D model of geometry done 275 m  Very presentable Au grades  Primary Au system  Fi 107  High grade belo

  30. Slide 30: RC Drilling at Sorpresa (Assay Highlights)

    RC Drilling at Sorpresa (Assay Highlights Area 1 – Trench 31) For personal use only Hole Intersection details Including section Area of Drilling Fi72 4m @ 17.52g/t Au from 10m 1m @ 63.5g/t Au Area 1  Discovery drilling Fi95 6m @ 8.59g/t Au from 6m 2m @ 24.4g/t Au Area 1  Good contribution to 18m @

  31. Slide 31: RC Drilling Area (Trench vicinity)

    RC Drilling Area 1 (Trench 31 vicinity) For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 31

  32. Slide 32: Area1 – Au Conceptual Exploration Target

    Area1 – Au Conceptual Exploration Target * (size estimate) For personal use only Trench 31  Part of Area 1 only (near Tr31)  Uses known data 16 RC Holes  Target range 200,000 to 300,000 tonnes 100m  Au Grade range 2.0g/t to 2.2g/t  40 Vertical metres assumed  Well reasoned conceptual explorati

  33. Slide 33: RC Drilling Area (Boundary Gate)

    RC Drilling Area 2 (Boundary Gate) For personal use only  Fi 64: 20m @ 1.6g/t Au  Strike approx. 150m  Extension in last RC drilling  Assays probably understate Coarse Au seen 150 m  Have we seen the best structures yet?  Fi 99 anomalous Au (12m @ 0.25g/t ) SW, 100m  Gold Receptive Black Sili

  34. Slide 34: RC Drilling Area (Roadside)

    RC Drilling Area 3 (Roadside) For personal use only 100 m  Fi 89: 6m @ 2.13g/t Au; 6m @ 63.4g/t Ag  Strike approx. 100m  Extension in last RC drilling  High Ag area, with Au  Cross cutting structure??  Fi 94 Au (2m @ 3.2g/t, plus) South 150m 150 m  5 holes short of original plan 25 November,

  35. Slide 35: RC Drilling at Sorpresa (Assay highlights elsewhere)

    RC Drilling at Sorpresa (Assay highlights elsewhere) For personal use only Hole Intersection details Including section Area of Drilling 20m @ 1.06g/t Au from 12m 6m @ 2.02g/t Au Fi64 Area 2 2m @ 16g/t Ag from 18m Fi119 10m @ 0.60g/t Au from 10m Area 2 12m @ 1.19g/t Au from 2m and 4m @ 1.64g/t Au, 2m

  36. Slide 36: Sorpresa Scale and Conceptual size

    Sorpresa Scale and Conceptual size Key Features now known For personal use only  Key features of mineralisation seen in RC Drilling  Au in soil anomaly is real, and extensive  Primary Au system, and Ag a significant component 0.5mm  Au and Ag Mineralisation is Near surface – amenable access  Co

  37. Slide 37: Sorpresa Conceptual Exploration Target Size

    Sorpresa Conceptual Exploration Target Size * For personal use only  Conceptual Au target * of 0.5 to 1.5 mill. oz is being explored for at Sorpresa  Based on the geological Au receptive horizon, Black Silica, inferred across 4km2 at Sorpresa  Myriad of exploration done to date, including soils,

  38. Slide 38: Airphoto Fifield Target Area

    Airphoto Fifield Target Area For personal use only Trench 31  Large Area  Slight Topography  Numerous Historic Gold workings  Sorpresa 800m from Platina Company Freehold Lead  Capacity for Major Au discovery within 20km2 zone Scale 2km 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 38

  39. Slide 39: Major Gold Areas of Focus Fifield

    For personal use only Major Gold Areas of Focus Fifield 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 39

  40. Slide 40: Major Exploration Milestones to Advance Rimfire

    Major Exploration Milestones to Advance Rimfire (Priorities) For personal use only  Delineation of main Sorpresa Strike  RC Drilling  Exploration of the Au receptive horizon within 4km2 area  Bedrock Geochemistry, Aircore, RC drilling  New Black Silica Areas south of Tr 31  Geochemical Explora

  41. Slide 41: Wider Au Potential at Fifield (additional prospects)

    Wider Au Potential at Fifield (additional prospects) For personal use only Commodity Priority Auger Prospect Area Name Focal Point Area Ref. Aircore RC Drilling Focus Ranking Drilling (major, No. Depth Total No. Depth Total EA No. Holes minor) Holes (m) (m) Holes (m) (m) Main Sorpresa Strike Known S

  42. Slide 42: Wider Au Potential at Fifield (additional prospects)

    Wider Au Potential at Fifield (additional prospects) For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 42

  43. Slide 43: Importance of Black Silica Geology Association

    Importance of Black Silica Geology Association Model Development For personal use only  Au receptive horizon  Black Silica  Shear zone control  Intersecting shears important  Pod-like 3D geometry 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 43

  44. Slide 44: Geology Model Development

    Geology Model Development Mineralised System at Fifield For personal use only  What style of mineralisation do we have at Sorpresa?  In a sense it is unique  We can draw on experience, where common attributes exist elsewhere  Nevada USA – Carlin?  Even this style is not uniform style  Discover

  45. Slide 45: Geology Model Development Sorpresa

    Geology Model Development Sorpresa Mineralised System at Fifield – Geology Notes For personal use only  Carbonaceous Black Shale  Pervasive Silica Replacement  30m thick, 300 m tonnes, within 4km2 area  Au receptive horizon  Shear Zone Controlled Au, Ag  Tr31 area Interplay of many shears  Au

  46. Slide 46: Details on the Gold Deposition Character

    Details on the Gold Deposition Character Mineralised System at Fifield – Geology Notes For personal use only  Several Styles of Au deposition occur  Happen at different times in mineralising phase  Same location for different styles  Some coarse Au, majority fine Au  Secondary Au not obvious 

  47. Slide 47: Details on the Gold Deposition - Structural Geology

    Details on the Gold Deposition - Structural Geology  Structural Access for the Au, Ag mineralisation For personal use only  Via Shear zones through Black Silica areas  Hydrothermal and Structural alteration  Dykes of Chromite bearing rock (Ultrabasic?)  Cut through the geology  PGE?  Shear zo

  48. Slide 48: Exploration and Discovery Considerations

    Exploration and Discovery Considerations Noted Carlin deposits Nevada USA – Geochemistry Discoveries! For personal use only 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 48

  49. Slide 49: Mineralisation Structure and Chemical Signature

    Mineralisation Structure and Chemical Signature For personal use only  Field Microscope (2m)  Au, Minerals, Geology  XRF in the field (1m)  Signature elements established Ag, Pb, As, Sb  Unusual elements noted Cr, Se  Screening tool for likely Au & Ag zones  Down hole 3D photography  Virtual

  50. Slide 50: Mineralisation Chemical Signature

    Mineralisation Chemical Signature For personal use only Au Assay Section 4m @ 3.1g/t Au Assay Section 4m @ 2.8g/t  Area 1, Intersection 50m south of Tr31  Note Au assay sections (g/t)  Field Microscope observation  Pb, As, Ag, (Sb) Pathfinder  Dykes (?) with Cr (PGE possibility?)  Signature es

  51. Slide 51: Optical Bore Hole Log Fi Intersection at Sorpresa

    Optical Bore Hole Log Fi 72 Intersection at Sorpresa For personal use only Unwrapped image Pseudo-core image Intersecting structures Black silica breccia 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 51

  52. Slide 52: Au Potential Summary Fifield

    Au Potential Summary Fifield For personal use only  Sorpresa Au Soil geochemistry confirmed as real in the Bedrock  Large scale fine disseminated Au in sheared sediments  Capacity for High grade Au evident  Historically unrecognised Gold Area missed by others for 130 years  Sorpresa Scale Very

  53. Slide 53: Platina Valley Platinum Exploration - Platina Lead

    For personal use only Platina Valley Platinum Exploration - Platina Lead 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 55

  54. Slide 54: Eastern Pt Shear Zone Platina-Gillenbine

    “Eastern Pt Shear Zone” Platina-Gillenbine - soil sampling contours & mapping For personal use only Extensive Shear Zone identified (2008) >1km length (open) Parallel to Platina-Gillenbine Shear (2006)(“Central Shear”) Central Evidence of probable additional shears Shear Eastern Forms the basis for

  55. Slide 55: Platina Lead – 1890's

    Platina Lead – 1890’s For personal use only  120 years ago biggest Pt producer in Commonwealth Possible Pt  20,000oz recovered mainly Lead source area – 15g/t recovered Pt equivalent  Assess unmined portion (500m) – On freehold – Further extension expected north  Precise Start of 1890’s workings

  56. Slide 56: Pt, Au Bearing Gravels and Platina Lead

    Pt, Au Bearing Gravels and Platina Lead (on Rimfire freehold or adjacent) For personal use only •Direct Hit Platina Lead Extension •500m north of known commercial workings •Conclusion, Lost, Lower Grade? Auger Hole 601 •Good News Either way, provides knowledge on Lead Extension source of Pt or extra

  57. Slide 57: Trench Section Plan Platina Lead

    Trench Section Plan Platina Lead For personal use only  Initial 6 Trenches across Lead  Depth to base 18m 100m length x 0.8m width  4 x 30t samples per trench  Logistics challenging  Extensive permitting completed  Check out the Video! 25 November, 2011 Rimfire Pacific Mining NL - AGM 2011 59

  58. Slide 58: List of Conceptual Pt Exploration Targets to Date – Fifield

    List of Conceptual Pt Exploration Targets to Date – Fifield For personal use only  Sorpresa work adds to understanding Pt development  The list has room to grow  Pt work to date only reflected here  Next two target stages are on Platina Lead  Potential for quicker development on smaller targets

  59. Slide 59: Summary of Exploration Position

    Summary of Exploration Position For personal use only  The Fifield Gold potential is a significant Opportunity for the Company  Sorpresa is an established Greenfields Discovery with substantial room to grow  It represents a conventional exploration project – standard assays  Large scale, open en

  60. Slide 60: Contact us

    Contact us Thankyou For personal use only John Kaminsky Executive Chairman + 61 3 9620 5866 www.rimfire.com.au rimfire@rimfire.com.au Colin Plumridge Senior Geologist Head of Exploration The information in the report to which this statement is attached that relates to Exploration Results is compiled

  61. Slide 61: Disclaimer

    Disclaimer For personal use only 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 of future capital expenditure; (2) estimates of

Rimfire Pacific Mining NL — Shareholder Meeting (November 2011) on 6ix