Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Investor Presentation (March 2023)
24 slides from Rimfire Pacific Mining's investor presentation, Mar 21, 2023
Slide 1: Experienced Explorer with a Critical Minerals Focus
For personal use only Experienced Explorer with a Critical Minerals Focus March 2023 ASX: RIM rimfire.com.au
Slide 2: Disclaimer & Competent Person Statements
For personal use only Disclaimer & Competent Person Statements Competent Persons Declaration The information in the report to which this statement is attached that relates to Exploration and Resource Results is based on information reviewed and/or compiled by David Hutton who is deemed to be a Compe
Slide 3: Investment Highlights
For personal use only Investment Highlights Enviable tenement holding in world renowned Lachlan Orogen and Broken Hill Districts (NSW) with demonstrated prospectivity for Critical Minerals and Copper - Gold deposits Key prospects immediately adjacent to third party projects recently awarded “Major P
Slide 4: Indicative Activity and News flow Schedule
For personal use only Indicative Activity and News flow Schedule March 23 Qtr. June 23 Qtr. September 23 Qtr. Land Access / field check – Bald Hill Broken Hill RIM funded Diamond drilling – Bald Hill (400m) Regional Target Generation Valley RC / Diamond drilling (1,000 metres) Currajong – Drilling f
Slide 5: Corporate Overview
For personal use only Corporate Overview Corporate Structure (ASX:RIM) post February 2023 capital raising 12 Month Share Price (range: 0.6 to 1.3 cps) 2.00B 120.3M Shares on issue Options $0.006 $12.0M Share price Market cap Top 20 shareholders – 38% (fully diluted) $1.2M* $10.5M * Pro forma cash co
Slide 6: Proven Discovery Team
For personal use only Proven Discovery Team David Hutton • Managing Director Dr Peter Crowhurst • Geology Manager David has over 30 years of exploration experience, with Peter has over 25 years of exploration experience key expertise in greenfields exploration, project discovery, principally in the
Slide 7: Management Team
For personal use only Management Team Ian McCubbing • Non Executive Chair Andrew Knox • Non Executive Director Ian was appointed Non-Executive Director and Chairman Andrew was appointed Non-Executive Director of the of the Board in 2016. He has over 30 years experience, Board in March 2020. A qualif
Slide 8: Why Critical Minerals?
For personal use only Why Critical Minerals? • Critical minerals are metals, non-metals and minerals considered vital for the economic well-being of the world’s major and emerging economies, yet whose supply may be at risk due to geological scarcity, geopolitical issues, trade policy or other factor
Slide 9: Copper, Nickel and Cobalt
For personal use only Copper, Nickel and Cobalt • Copper is the 3rd most consumed metal globally & is essential to an electrified (decarbonised) future • Global copper market = US $283.4B in 2021, and it is expected to reach US $394.21B by 20291 • Over the next decade, investment in new copper proje
Slide 10: Scandium & Platinum Group Elements (PGEs) Market
For personal use only Scandium & Platinum Group Elements (PGEs) Market • Principal uses of Sc in aluminium-scandium alloys and solid oxide fuel cells (SOFCs) • Scandium Oxide current price ~ US$927,000 per tonne2 • Demand forecast to increase >2.5x by 2040 driven by 7% the Hydrogen economy • The use
Slide 11: Broken Hill (100% RIM) Cobalt
For personal use only Key Projects – Broken Hill (100% RIM) Cobalt • Potential area of Future Critical Mineral supply • Adjacent to Cobalt Blue’s (COB.ASX) Broken Hill Cobalt Project (BHCP) - Federal Government Major Project Status Bald Hill • Rimfire’s priority Railway Extension target immediately
Slide 12: Bald Hill Cobalt Target
For personal use only Key Projects – Broken Hill (100% RIM) Bald Hill Cobalt Target • Massive sulphide horizon in quartz – albite gneiss host rock • 58m @ 0.10% Co from 48 metres to EOH in BHR1/1A including 7m @ 0.17% Co, 6m @ 0.15% Co, and 6m @ 0.15% Co • Thickened sulphides within NNE trending fol
Slide 13: Valley (100% RIM) Copper - Gold
For personal use only Key Projects – Valley (100% RIM) Copper - Gold • Adjacent to Kincora (KCC.ASX) Mordialloc Project at Trundle • 34 km west of CMOC’s Northparkes Copper Gold Mine (1.96Mt copper & 2.33Moz gold³) • Award of NSW Government drilling grant following competitive peer review process, r
Slide 14: Valley copper – gold target
For personal use only Key Projects – Valley (100% RIM) Valley copper – gold target • Rimfire drilling (FI2079) in 2021 confirmed the “right” Ordovician bedrock – same type and age as Northparkes system • Anomalous copper surface geochemistry & magnetic anomalies with footprint similar in size to Nor
Slide 15: Cowal (100% RIM) Copper - Gold
For personal use only Key Projects – Cowal (100% RIM) Copper - Gold • Adjacent to Evolution Mining’s (EVN.ASX) Cowal Gold Mine (mining depleted Mineral Resource of 305.3Mt @ 0.98g/t gold (9.6Moz) as at 16 February 2022) • Rimfire’s exploration neighbours - Evolution Mining, Sandfire Resources (SFR.A
Slide 16: Avondale (GPR earning up to 75%)
For personal use only Key Projects – Avondale (GPR earning up to 75%) Nickel – Cobalt – Scandium - PGEs • Adjacent to Sunrise Energy Metals’ (SRL.ASX) Sunrise Nickel Cobalt Scandium Project - Federal Government Major Project Status • Critical Minerals Discovery potential with 20+ priority exploratio
Slide 17: Avondale: Melrose Ni Co Sc
For personal use only Key Projects – Avondale (GPR earning up to 75%) Melrose Ni Co Sc • High grade laterite – hosted Ni Co Sc mineralisation at surface (very low strip ratio) • Bulk sample submitted to specialist metallurgical consultancy (IMO) for beneficiation and leaching trails at atmospheric p
Slide 18: Avondale: Melrose Ni Co Sc
For personal use only Key Projects – Avondale (GPR earning up to 75%) Melrose Ni Co Sc • Ni Co Sc mineralisation within flat-lying laterite zone developed over pyroxenite host rocks • Anomalous PGEs within laterite developed over dunite host rocks o 4.3m @ 0.48 g/t Pt + Pd from 10.1 metres in FI2399
Slide 19: Avondale: Currajong Nickel Cobalt PGEs
For personal use only Key Projects – Avondale (GPR earning up to 75%) Currajong Nickel Cobalt PGEs • Nickel cobalt mineralisation within laterite zone developed over 2.5 km long ultramafic unit o 34m @ 0.29% Ni, 0.15% Co, and 101ppm Sc from 6 metres including 16m @ 0.27% Ni, 0.22% Co, and 120ppm Sc
Slide 20: Avondale regional target generation
For personal use only Avondale regional target generation Nickel Cobalt Scandium PGEs • 50 km long belt of underexplored volcanics, sediments and mafic/ultramafic intrusive units • Steeton Ultramafic Suture Zone (SUSZ) • 95% of all drilling across Avondale / Fifield < 50 metres depth = opportunity •
Slide 21: Fifield (GPR earning up to 60%) Gold - PGEs
For personal use only Key Projects – Fifield (GPR earning up to 60%) Gold - PGEs • Sorpresa JORC Resource (Maiden JORC Resource 125Koz gold, +7.9Moz silver) – leaching trials continuing • Platina Lead - Australia’s largest historic source of mined platinum. Drilling planned for June 23 Qtr. to test
Slide 22: Fifield: Jacks Lookout Gold
For personal use only Key Projects – Fifield (GPR earning up to 60%) Jacks Lookout Gold • FI2401 intersected wide zone of gold and silver prospective “Sorpressa Beds” 600 metres downdip of Sorpressa • No drilling within 500 metre NO DRILLING radius of FI2401 • New geological model for high grade min
Slide 23: Appendix – References
For personal use only Appendix 1 – References Technical information referred to in this presentation has been sourced from the following ASX Announcements: • Sunrise Energy Metals (ASX: SRL) – Sunrise Project Awarded Major Project Status, 6 Dec 2021 • Cobalt Blue Holdings (ASX: COB) – Grant of Austr
Slide 24: For further information, please contact
For personal use only For further information, please contact Greg Keane (CFO / Investor Relations): +61 (0) 497 805 918 Rimfire Pacific Mining rimfire@rimfire.com.au @NIRimfire
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