Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Shareholder Meeting (November 2018)
16 slides from Rimfire Pacific Mining's shareholder meeting presentation, Nov 15, 2018
Slide 1: Rimfire Pacific Mining NL 2018 AGM Presentation
Rimfire Pacific Mining NL ASX “RIM” Rimfire Pacific Mining NL Q4 Board Meeting 2018 AGM Presentation 15th November 2018 Craig Riley Melbourne - 15 November 2018 1
Slide 2: Company Overview
Company Overview Key Information Financial and Shareholder Metrics (November 2018) ❑ Rimfire is an ASX listed junior exploration company, with its key Cash (as at 30 September 2018) A$0.445m operations based in Fifield, Central NSW and head office in Melbourne Share price range 2018 H 2.8 cents; L 0
Slide 3: Personnel – Quality Experienced Team
Personnel – Quality Experienced Team Board and Management Exploration and Development Team Ian McCubbing, Chairman (Jul 2016 – Present) Craig Riley, Business Development Manager (Sep 2018 – Present) CA, Bachelor of Commerce (Honours), Executive MBA from the AGSM, A qualified geologist, bringing over
Slide 4: Potential – Fifield A Proven Mining District for Copper and Gold
Potential – Fifield A Proven Mining District for Copper and Gold Deposit size selected NSW deposits (combined production and remaining resource) Deposit Current Ownership Au Moz Cu Kt Other Cadia Group Newcrest 51.8 8446 McPhillamy's Regis Resources 2.9 64 Friedland North Parkes CMOC/Sumitomo 3.8 92
Slide 5: Dual Strategy – Asset Monetisation and Discovery Growth
Dual Strategy – Asset Monetisation and Discovery Growth ✓ Economic focus on the existing Sorpresa resource Sorpresa ▪ High grade opportunities Au +/- Ag ▪ Simple open pit solutions appraisal & Dual Strategy growth Outcome Success ✓ High Reward exploration upside for = Regional discoveries gold & cop
Slide 6: ASX:RIM 3 Year Share Price Performance to 11 November 2018
ASX:RIM 3 Year Share Price Performance to 11 November 2018 Events 4m @ Fortuna New Gold Tout East New Gold Rights 6.5% Cu Gold Inc Entry Cobalt Inc Exit Issue Positive Outlook for Gold ✓ Central Banks buying ✓ US/China trade dispute ✓ Increase in interest rates ✓ A$ gold price ✓ Gold industry has
Slide 7: Strategy – Sorpresa Asset Monetisation
Strategy 1 – Sorpresa Asset Monetisation Assess Sorpresa Resource to determine the viability of a higher grade, lower tonnage project, generating a positive cashflow return ✓ Integration of additional drilling (2014 and 2017) to better define higher grade zones ✓ Develop a concept level financial mo
Slide 8: Near Sorpresa (<4km) Discovery Growth Potential
Near Sorpresa (<4km) Discovery Growth Potential Sorpresa Growth Targets (<4km) Quality Targets 681km2 Tenements with Prospects Sorpresa ✓ Casuarina Valley Resource Au, Ag ✓ Fortuna ✓ Rabbers Lookout ✓ Northern Gold ✓ Wiggies Sorpresa Sorpresa ✓ Platina Lead Resource Au, Ag Resource Au, Ag ✓ Sorpresa
Slide 9: Strategy – Growth potential via large ore body discovery
Strategy 2 – Growth potential via large ore body discovery Fifield project area has the right rocks under shallow cover (Ordovician Age Volcanics) with the potential to host large scale intrusion related mineral deposits such as Cowal & Northparkes porphyry systems that are within 100km of Fifield.
Slide 10: Southern Ordovician Area - Mapping & First Pass Drill Plan
Southern Ordovician Area - Mapping & First Pass Drill Plan Rimfire Tenement & ✓ Previously unrecognised Ordovician Magnetic Survey Boundary Age Volcanics under cover CleanTeq ✓ Potential to host large scale deposits Sorpresa Resource Au, Cu+Au (Cowal, Northparkes styles) (Gold & Silver) ✓ 110km2 map
Slide 11: Key Catalysts and Milestones in the next 12 months
Key Catalysts and Milestones in the next 12 months Strategy 1: Sorpresa development appraisal and growth ✓ Existing Sorpresa Resource first pass assessment for development • Updated resource estimate and pit optimisation, success will drive metallurgical testwork for process plant design, geotechnic
Slide 12: Rimfire Value Drivers Summary
Rimfire Value Drivers Summary In Ground ✓ Location LTZ corridor - an excellent discovery setting (geology & structure) • World Class ore body potential (Gold – Copper footprint), nearby Cowal and Northparkes mines • Ordovician Volcanic age rocks under shallow cover at Fifield a new opportunity ✓ 4m
Slide 13: Thank you
Stay tuned for updates on future work programs ROADSIDE Thank you Please contact us for more information ASX Code “RIM” www.rimfire.com.au Sign up to the Rimfire Website for news alerts rimfire@rimfire.com.au Ph: +613 9620 5866 13
Slide 14: Appendix - Sorpresa Gold and Silver Resource
Appendix - Sorpresa Gold and Silver Resource (Economic assessment and discovery growth) Roadside Ag / Au ✓ JORC Resource Dec 2014 • 125koz Au, 7.9m oz Ag @ 0.5g/t Au, 25g/t Ag cut-off ✓ New higher resolution gravity data Boundary Gate ✓ Positive Metallurgy completed 1m @ 114g/t Au ✓ Evolving Discove
Slide 15: Appendix - Sorpresa Maiden Resource
Appendix - Sorpresa Maiden Resource Table 1: Sorpresa Mineral Resource estimate reported under JORC 2012 Grade Contained Metal Resource Cut off Category Mt (g/t) Au (g/t) Ag Koz Au Moz Ag Indicated 2.0 1.14 27 73 1.7 Gold 0.5 g/t Au Inferred 1.0 0.9 12 29 0.4 Total 3.0 1.06 22 103 2.1 Indicated 2.1
Slide 16: Disclaimer and Competent Person Statements
Disclaimer and Competent Person Statements ❑ Disclaimer: 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 expend
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