Rimfire Pacific Mining Limited · ASX:RIM

Rimfire Pacific Mining — Melbourne Mining Club Cutting Edge Series (May 2014)

39 slides from Rimfire Pacific Mining's conference presentation, May 20, 2014

  1. Slide 1: Update on the Sorpresa Gold & Silver Project Area

    rimfire pacific mining nl (ASX “RIM”) For personal use only Update on the Sorpresa Gold & Silver Project Area Fifield NSW Melbourne Mining Club John Kaminsky Cutting Edge Series Executive Chairman Presentation 20th May 2014

  2. Slide 2: Disclaimer

    Disclaimer  Disclaimer: This presentation contains “forward looking statements” as defined or implied in common law and within For personal use only the meaning of the Corporations Law. Such forward looking statements may include, without limitation, (1) estimates of future capital expenditure; (2)

  3. Slide 3: Presentation Outline

    For personal use only Presentation Outline 3

  4. Slide 4: Company Profile – 18th May 2014

    Company Profile – 18th May 2014 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. $16.5M @2.4 cents Share Price Movement • 2012 High 9.3 cent (Oct), Low 2.

  5. Slide 5: Share Price Performance - RIM

    Share Price Performance - RIM 16-Aug-2010 - 16-May-2014  Exploration Sector major correction For personal use only Fi 212 Discovery Trench 31 Price andFivolume 160 14m @ 21.9g/t Au 14m @ 24.4g/t Au And 26m @ 155g/t Ag  Liquidity and value decline 9m @ 4.9g/t Au 90.0 80.0 0.09  Gold and Silver Pri

  6. Slide 6: Key Precious Metal Trends

    Key Precious Metal Trends Gold 2014 Gold 2013 For personal use only Silver 2014 Silver 2013  Major Corrections last 18 months  Off the bottom - just  Bulls include Rick Rule, US-based resource investor, Chairman of SPROTT US HOLDINGS 6

  7. Slide 7: Key Precious Metal Trends - Platinum

    Key Precious Metal Trends - Platinum Platinum 2014 Platinum 2013 For personal use only  Corrections but less pronounced  The pick of many analysts to outperform in 2014  Good timing to investigate the Platina Lead – residual grade 7

  8. Slide 8: 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 8

  9. Slide 9: Project Locations

    For personal use only Project Locations Tottenham Wellington Rimfire Pacific Mining NL  6 Exploration Licenses,  Contiguous tenement package, Forbes Orange  313 square kms.  210Ha freehold land,  Alluvial Gold 1880, Lake  Alluvial Platinum 1890, Cowal  20,000Oz Pt historical production. 20km

  10. Slide 10: Correct Geological Setting

    For personal use only Correct Geological Setting Syerston  Crustal scale, long lived and (Ivanhoe) SORPRESA re-activated LTZ NW faults.  Interplay of second order north – south Gilmore Suture associated faults.  Structural Intersections and;  Deep seated Alaskan Ural North Parkes fractionated in

  11. Slide 11: Sorpresa Discovery (2007 – 2012)

    Sorpresa Discovery (2007 – 2012) For personal use only  Gold in Rockchip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.5km strike.  Trench 31 reveals near surface high grade Gold (9m @ 4.9g/t Au). Gold Gold ppb ppb 1 1 to to 55 5 5 to to 10 10 10 10 to to 20 20 20 20 t

  12. Slide 12: Sorpresa Discovery (2007 – 2012)

    For personal use only Sorpresa Discovery (2007 – 2012) Roadside Ag / Au  Gold in Rockchip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.5km strike.  Trench 31 reveals near surface high grade Gold (9m @ 4.9g/t Au) Old Sorpresa  Drilling defines high grade Au / Ag Join

  13. Slide 13: Sorpresa Discovery (2007 – 2012)

    For personal use only Sorpresa Discovery (2007 – 2012) Roadside Ag / Au  Gold in Rockchip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.5km strike. Join Up  Trench 31 reveals near surface high grade Gold (9m @ 4.9g/t Au) Old Sorpresa  Drilling defines high grade Au /

  14. Slide 14: 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  13m @ 1.59g/t Au  10m @ 535g/t Ag (incl. 2m @ 2020

  15. Slide 15: Sorpresa – Significant Intersections

    Sorpresa – Significant Intersections Fi 328 DDH For personal use only 89m to 90m - 1m @ 0.44g/t Au, 53 g/t Ag 90m to 91m - 1m @ 22.7g/t Au, 312g/t Ag 91m to 92m - 1m @ 2.44g/t Au, 75.6 g/t Ag 1m @ 22.7g/t Au, 312g/t Ag 92m to 93m - 1m @ 1.59g/t Au, 78.3 g/t Ag  Intersections across a ~1.5km strike,

  16. Slide 16: Sorpresa Drilling

    For personal use only Sorpresa Drilling  Early exploration drilling utilized an in-house RAB / Percussion Drill Rig.  Flexibility, inhouse auger rig and freehold workstation  Ability to “Drill early, Drill often”  Supplemented with Contractor RC and Diamond.  Current 4,000m RC contractor progra

  17. Slide 17: Sorpresa Today - still growing

    For personal use only Sorpresa Today - still growing Roadside Ag / Au Boundary Gate  RC Drilling is targeting extensions down dip, and down Original plunge Sorpresa Join Up  Looking to define the controls on high grades  Exciting Targets – Discovery Growth BGE Trench 31 400m 3D Exploration Model

  18. Slide 18: 3D Exploration Model

    3D Exploration Model (Gold Only Shown) For personal use only Roadside RC Drilling underway Sorpresa Implicit Model illustrating higher grade Gold mineralisation (Implicit Model is an interpretive exploration model imaging (a) Gold: yellow >0.2g/t Au, red >0.5g/t Au, purple >2g/t Au) – 500m grid line

  19. Slide 19: Sorpresa – Long Section Looking West

    Sorpresa – Long Section Looking West Targets for Current Drilling SOUTH NORTH For personal use only Trench 31 Boundary Gate Join-Up Roadside Roadside North Original Sorpresa BGE (a) Sorpresa Gold Long Section Phase Three Drilling Phase Two Drilling Phase One Drilling Started 1.5km (b) Sorpresa Silve

  20. Slide 20: Sorpresa – Roadside Current Drilling

    For personal use only Sorpresa – Roadside Current Drilling Current Drilling Roadside Area - Sorpresa Implicit Model illustrating higher grade Silver mineralisation and new down dip and down plunge extensional targets ready for RC and Diamond tail drilling. (Implicit Model is an interpretive explorat

  21. Slide 21: Sorpresa – 4,000m Drilling Commenced

    For personal use only Sorpresa – 4,000m Drilling Commenced Roadside Ag / Au  RC Drilling commenced  Roadside, then  Join-Up  Original Sorpresa  BGE Roadside Plunging Shoot  Drilling is targeting extensions down dip, and down plunge 800m Join Up  Looking to define the controls on high grades.

  22. Slide 22: Sorpresa – IP Chargeability Anomaly

    Sorpresa – IP Chargeability Anomaly Roadside Ag / Au  Important Geophysics For personal use only Association Original Sorpresa Join Up  IP and Gravity  BGE Special Case  High grades 4/6 holes Boundary Gate East (BGE)  Contact position? Boundary Gate  Visible Au in RC 1m @ 114g/t Au Trench 31 I

  23. Slide 23: Sorpresa - Current Drilling Objectives

    For personal use only Sorpresa - Current Drilling Objectives  Roadside North  Understand and extend the down dip and down plunge position  Roadside  Re-engage with the plunging gold shoot  Original Sorpresa  Determine the mineralization source feeding surface expression  Join-up  Resolve the

  24. Slide 24: Sorpresa – Preliminary Oxide Metallurgy

    Sorpresa – Preliminary Oxide Metallurgy  3 composite Oxide Zone Samples across Sorpresa For personal use only  3 locations, 130m of mineralization, 30 drill holes Trench 31 at 2m - Au in Silica  Standard 24 hr CIL test at 75 micron  Additional Test on Met1 - Silver Roadside*  48 hour CIL, finer

  25. Slide 25: Regional Concept & Prospect Map

    Regional Concept & Prospect Map For personal use only RC Drilling Commences Roadside Auger drilling completed RC Drilling 2m @ 9.11g/t Au RC Drilling results pending Auger drilling underway 400m 25

  26. Slide 26: Regional – Within 6km Radius of Sorpresa

    Regional – Within 6km Radius of Sorpresa Yoe’s Lookout For personal use only • 1km long Auger gold anomaly, open • 3.4g/t Au, 2.1g/t Au, 2.3g/t Au rock Golden Green chips • 31 Undrilled Gold workings • Au As Se Te association • 500m long Auger Gold • Calcic Skarn and Magnetic Anomaly anomaly >20ppb

  27. Slide 27: Prospect Pyramid

    Prospect Pyramid within 6km radius of Sorpresa For personal use only Current RC Drilling RC Drill Ready 27

  28. Slide 28: Regional – Yoe’s Lookout

    For personal use only Regional – Yoe’s Lookout Auger Au (ppb)  >1 km strike auger anomaly @ 20 ppb Au to 1g/t Au, open Line 1 Transported  Rock Chips 3.4g/t, 2.3g/t Au Cover Line 2 OPEN  2 Targets defined  Greenstone and BIF Hosted Structurally controlled Orogenic Au 114 ppb Au Rock Chips Line 3

  29. Slide 29: Regional - Eclipse

    For personal use only Regional - Eclipse  > 1km open auger anomaly Au & polymetallic, @ 20ppb Au up to 0.51g/t Au  Rock Chips 18.7g/t, 2.4g/t Au, 21g/t Ag, 0.62% Cu  Significant Prospect  scale, zonation, grade, polymetallic, deposit type  More Auger, then RC Drill ready 1.2 km Eclipse 3.5km Ea

  30. Slide 30: Eclipse North

    For personal use only Eclipse North  Low Sulphidation Epithermal Gold and Base Metal system defined within a quartz – feldspar porphyry sub-volcanic intrusive centre  At least three target styles within this zoned system  (1) Au-Cu-Bi-Ag rich banded epithermal veins & breccia’s  (2) Au-As-Zn ric

  31. Slide 31: Regional – Golden Green Group

    Regional – Golden Green Group  0.5km strike auger anomaly For personal use only @ 20 ppb Au  Old workings  Rock Chips 8.21g/t, 4.1g/t Au  Structurally controlled, sediment – Greenstone hosted Orogenic Gold target  Drill Ready Golden Green 3km West Golden Green Auger Drilling Gold results illust

  32. Slide 32: Regional - Golden Green South Area

    For personal use only Regional - Golden Green South Area  Old workings  Sub-vertical, quartz & sulphide veined shear zone Golden Green South  2m @ 9.11g/t Au – RC Hole 2m@ 9.11g/t Au  Further Context Au in RAB line  Bigger System in ultramafic host? Golden Green South 3km West 32

  33. Slide 33: Regional - Roseneath

    Regional - Roseneath  4 x 15ppb Au gold anomalies up For personal use only to 400m long (open)  3.7g/t Au, 1.7g/t Au Rock chips  Sorpresa Stratigraphy  Curvilinear thrust fault model  Multiple lenses (Sorpresa Analogy?)  RC Drill Ready + Extension Auger 800m Roseneath 4km south 33

  34. Slide 34: Regional Comparison

    For personal use only Regional Comparison Rock Typical Typical Anomaly RC Drill Location Chip Soil ppb Auger ppb Open Other Workings Length Au g/t g/t Au Au Au Sorpresa 8.8 10~50 20~1,000 1.5km 14 @ 24.4 yes IP/Gravity Minor Yoe’s Magnetic 3.4 10~300 20~1,000 1.0km N/A yes No Lookout Feature Eclipse

  35. Slide 35: Regional Activity Direction

    Regional Activity Direction  Emerging Prospect portfolio of 25 For personal use only variably defined Regional targets  Mixture of grassroots and walk-up drill targets multiple deposit styles  Soil Sampling  Auger Drilling  Geological Reconnaissance & Rock Chip Sampling  Modelling Gravity and

  36. Slide 36: Why invest in Rimfire …

    For personal use only Why invest in Rimfire …  Fifield District – The Right Address for Discoveries LTZ  Structure, Geology  Mineral Style Diversity (Gold, Silver, Platinum and Base Metal)  Large Scale of Mineralization Footprint around Sorpresa (6km radius)  Multimillion Ounce gold equivalent

  37. Slide 37: Why invest in Rimfire…

    For personal use only Why invest in Rimfire…  Ongoing programs at Sorpresa – “discovery growth” towards a resource  A track record of High Grade intersections, keeps us on the radar  Favourable Geological Model Direction, Carbonate Base Metal Epithermal Au  Knowledge gained on the Platinum syste

  38. Slide 38: Thank You

    Thank You ROADSIDE For personal use only www.rimfire.com.au Ph+613 9620 5866 38

  39. Slide 39: Sorpresa – Fifield Gold-Silver Characterization

    Appendix Sorpresa – Fifield Gold-Silver Characterization For personal use only  Sorpresa sits above an exceptional fault system that has channelled Gold- silver and platinum associated intrusives from great depth to near surface  Mineralisation at Sorpresa consists of Au, Ag, As, Zn, Pb, and Coppe

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