Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Investor Presentation (September 2024)
28 slides from Rimfire Pacific Mining's investor presentation, Sep 5, 2024
Slide 1: Investor Presentation March 2024
Investor Presentation March 2024
Slide 2: Disclaimer & Competent Person Statements
2 DISCLAIMER & COMPETENT PERSON STATEMENTS Investor Presentation February 2024 FORWARD LOOKING STATEMENTS DISCLAIMER COMPETENT PERSONS DECLARATION This document contains “forward looking statements” as defined or implied The information in the report to which this statement is attached in common law
Slide 3: Investment Highlights
3 INVESTMENT HIGHLIGHTS Investor Presentation August 2024 Enviable land holding in world renowned Lachlan Orogen and Broken Hill Districts NSW Initial MRE of 5Kt Scandium Oxide and Exploration Target of 15 – 46Kt Scandium Oxide Highly experienced team with successful track record & local operating k
Slide 4: Maiden Scandium Resource – Just the Beginning
MAIDEN SCANDIUM RESOURCE – JUST THE BEGINNING 4 Investor Presentation August 2024 Initial MRE for Melrose & Murga North is 5.1Kt Scandium Oxide with separate Exploration Target of 100 to 200Mt at 100 to 200ppm Sc (15 – 46Kt Scandium Oxide) See Exploration Target Cautionary Note on page 5 Murga North
Slide 5: Mineral Resource Inventory
MINERAL RESOURCE INVENTORY 5 Investor Presentation August 2024 Summary of Mineral Resources – Melrose / Murga Scandium (RIM ASX Release 5/09/2024) Contained Contained Contained Contained Deposit Category Cut off Mt Sc_ppm Co_ppm Ni_ppm Sc t Sc2O3 t Co t Ni t Indicated 2.9 250 570 2,000 730 1,100 1,7
Slide 6: Corporate Overview – RIM.ASX
CORPORATE OVERVIEW – RIM.ASX 6 Investor Presentation August 2024 2.29B 254M SHARES ON ISSUE OPTIONS (1.25 – 2C) 12 MONTH SHARE PRICE AND VOLUME $0.08 ~$183M MARKET CAP SHARE PRICE $1.45M Top 20 CASH 41.3% * Cash at Bank and Earn In Accounts at end June 2024 Qtr. plus proceeds from July 2024 Placemen
Slide 7: Funding Sources
FUNDING SOURCES 7 Investor Presentation August 2024 Cash at Bank and Earn In Accounts at end June Cash at Bank* $1.45 million 2024 Qtr. plus proceeds from July 2024 Placement Exploration Partner contributions Up to $4.45 million Assuming all moneys paid by GPR to achieve full earn in under both Fifi
Slide 8: Proven Technical Team
8 PROVEN TECHNICAL TEAM Investor Presentation August 2024 DR PETER CROWHURST PAUL WRIGHT Geology Manager Technical Consultant Peter has over 25 years of exploration experience principally Key role in discovery of Cadia East in the areas of project generation, field evaluation, project execution and
Slide 9: Scandium
9 SCANDIUM Investor Presentation August 2024 Scandium (Sc) is a lightweight, soft metal with a high melting point and good electrical and heat conductivity Scandium when used in combination with aluminium can produce stronger, more corrosion resistant, heat tolerant, weldable and 3D printable al
Slide 10: The Scandium Market
THE SCANDIUM MARKET 10 Investor Presentation August 2024 Scandium is on the Critical Minerals List for Australia, Canada, the European Union and the United States Estimated annual global consumption of 30-40 metric tons of scandium¹ – however difficult to accurately estimate due to “secret” mili
Slide 11: New South Wales is the Future of Scandium Supply
11 NEW SOUTH WALES IS THE FUTURE OF SCANDIUM SUPPLY Investor Presentation August 2024 Fifield District in central NSW has unique geology that hosts some of the highest-grade scandium deposits in the world Located immediately west of Parkes with existing Infrastructure and a skilled mining workfo
Slide 12: Whats Special About Fifield?
12 WHATS SPECIAL ABOUT FIFIELD? Investor Presentation August 2024 N-S linear belt of Ordovician (Alaskan – type) mafic / ultramafic rocks (scandium source rocks) – marked as white outlines on map opposite. 350km long belt with thickest portion in Fifield area due to NW – SE structures Rio Scan
Slide 13: Scandium in Laterite and Basement
13 SCANDIUM IN LATERITE AND BASEMENT Investor Presentation August 2024 Scandium Zone Scandium Search Space Melrose 6,371,575mN cross section
Slide 14: Scandium in Drill Core
SCANDIUM IN DRILL CORE 14 Investor Presentation August 2024 Downhole from surface 21m @ 529ppm Sc from 3 metres Melrose drillhole – FI2397 0.0 to 29.7 metres
Slide 15: Rimfire Has the Upside
15 RIMFIRE HAS THE UPSIDE Investor Presentation August 2024 Existing Third-Party Resources - Burra (9.8Kt Sc metal / 15Kt Sc oxide¹) and Sunrise (12Kt Sc metal / 19Kt Sc oxide ²) are constrained Sunrise Burra Rimfire has upside with tenements covering the largest area of Sc prospective ultramafi
Slide 16: Next Steps
16 NEXT STEPS Investor Presentation August 2024 To build a globally significant scandium Mineral Resource inventory at Fifield Upgrade Murga North MRE Convert Murga Exp Target to MRE Drill test target pipeline • Aircore drilling – 50m x 50m • Aircore drilling – 100m x 100m • Currajong / Forrest View
Slide 17: Melrose Scandium
MELROSE SCANDIUM 17 Investor Presentation August 2024 Avondale Earn In Project with GPR. GPR funding all planned work GPR right to earn up to a 75% interest High-grade Sc Co Ni (+PGEs) mineralisation from surface within flat-lying laterite zone over pyroxenite host rocks Melrose MelroseTMI m
Slide 18: Melrose Mineral Resource
MELROSE MINERAL RESOURCE 18 Investor Presentation August 2024 Areal extent of mineralised laterite - 0.75km by 0.4km with a thickness range of 2 to 33m and an average thickness of 16m From surface Aircore, RC and diamond drilling on 50m x 50m centres MRE – 1,120t Sc Oxide Indicated and Inf
Slide 19: Melrose – Metallurgy
MELROSE – METALLURGY 19 Investor Presentation August 2024 Initial sighter leaching test work conducted at Atmospheric Pressures returned scandium recoveries up to 90.1% ¹ Highly experienced hydrometallugist Mr Boyd Willis engaged as Process Consultant to guide future metallurgical studies Xray
Slide 20: Murga Scandium
MURGA SCANDIUM 20 Investor Presentation August 2024 Fifield Earn In Project with GPR. GPR funding all planned work GPR earning up to a 50.1% interest Sc mineralisation from surface within flat- lying laterite zone over pyroxenite host rocks Little if any previous exploration for Sc Rimfi
Slide 21: Murga North Mineral Resource
21 MURGA NORTH MINERAL RESOURCE Investor Presentation August 2024 Areal extent 1.6km by 0.4km with a thickness range of 1 to 24.5m and an average thickness of 15m. From surface Aircore drilling on 100m x 100m centres MRE – 4,050t Sc Oxide Inferred Open to south and west Murga North grade
Slide 22: Murga Exploration Target
MURGA EXPLORATION TARGET 22 Investor Presentation August 2024 Exploration Target based on magnetic interpretation and positive results from Rimfire 2024 aircore drilling Conservative with only 50% of the outline area classified as the Exploration Target Rimfire 2024 air core drilling on 400m x
Slide 23: Currajong Scandium PGEs
CURRAJONG SCANDIUM PGEs 23 Investor Presentation August 2024 Avondale Earn In Project with GPR GPR funding all planned work GPR right to earn up to a 75% interest Sc Co Ni (+PGEs) mineralisation within flat-lying laterite zone developed over ~ 2.4km long mafic / ultramafic sill complex Rim
Slide 24: Currajong Scandium PGEs
24 Investor Presentation August 2024 Sc zone CURRAJONG SCANDIUM PGEs
Slide 25: Investment Highlights
25 INVESTMENT HIGHLIGHTS Investor Presentation August 2024 Enviable land holding in world renowned Lachlan Orogen and Broken Hill Districts NSW Initial MRE of 5Kt Scandium Oxide and Exploration Target of 15 – 46Kt Scandium Oxide Highly experienced team with successful track record & local operating
Slide 26: Management Team
26 MANAGEMENT TEAM Investor Presentation August 2024 IAN McCUBBING DAVID HUTTON Non-Executive Chair Managing Director Ian was appointed Non-Executive Director and Chairman of David has over 30 years of exploration experience, with key the Board in 2016. He has over 30 year’s experience, expertise in
Slide 27: Appendix – References
27 APPENDIX 1 – REFERENCES Investor Presentation August 2024 Technical information referred to in this presentation has been sourced from the following ASX Announcements: • Rimfire Pacific Mining (ASX: RIM) – Critical Minerals Discovery Opportunity at Avondale Project. 28 March 2022 • Rimfire Pacifi
Slide 28: For further information, please contact Greg Keane
For further information, please contact Greg Keane (CFO / Investor Relations): +61 (0) 497 805 918 Rimfire Pacific Mining rimfire@rimfire.com.au @NIRimfire
Rimfire Pacific Mining — Investor Presentation (September 2024) on 6ix