Rimfire Pacific Mining Limited · ASX:RIM

Rimfire Pacific Mining — IMARC Conference Expo Melbourne 2015

34 slides from Rimfire Pacific Mining's conference presentation, Nov 10, 2015

  1. Slide 1: Sorpresa Gold & Silver Project Area and Regional Surrounds

    rimfire pacific mining nl (ASX “RIM”) Sorpresa Gold & Silver Project Area and Regional Surrounds For personal use only Fifield NSW John Kaminsky CEO & Managing Director Chalcopyrite Rimfire RC drilling IMARC Conference Expo Melbourne 10-12th November 2015 Gold and Platinum from Rimfire work 1

  2. Slide 2: Disclaimer

    Disclaimer  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, For personal use only (1) estimates of future capital expenditure; (2)

  3. Slide 3: Presentation Outline

    Presentation Outline For personal use only 3

  4. Slide 4: Project Focus – Fifield NSW

    Project Focus – Fifield NSW For personal use only Cobar Nyngan Sorpresa (gold and silver discovery) Narromine  Focused Exploration Strategy  Emerging Polymetallic mineral district  Gold, Silver, Platinum, Copper  Multiple Deposit styles Fifield Trundle  6 Exploration Licenses, 500 km2  Alluvia

  5. Slide 5: Project Focus – Fifield NSW - LTZ

    Project Focus – Fifield NSW - LTZ  LTZ Corridor of Faults For personal use only  Copper emerging on East margin  Eclipse and Yoes areas  Expanded Tenement position (200km2) Deposit size selected NSW deposits (combined production and remaining resource) Deposit Current Ownership Au Moz Cu Kt Othe

  6. Slide 6: Project Focus – East Lachlan Fold Belt

    Project Focus – East Lachlan Fold Belt Operating Mines For personal use only Major Cross structures at Fifield Tritton (Cu) Straits Resources Mt Boppy (Au) Southern Cross Goldfields Ltd COBAR – 2.2Mt Cu, >7.0Moz Au, >4.7Mt Zn, >2.8Mt Pb and 145Moz Ag (pre-mining) Hera / Nymagee (Au, Cu, Pb, Zn, Ag)

  7. Slide 7: Company Profile – November 2015

    Company Profile – 2 nd November 2015 Shares on Issue 744M Ordinary FP; 54M options (5.0 cents, expire Dec 2015) For personal use only Market Cap. Approx. $14.9M @2.0cents Share Price Movement •2013 High 7.5 cent (Jan), Low 2.8 cent (Dec); 2014 High 3.6 cent (Jan ), Low 1.5 cents (May) •2015 High 3.6

  8. Slide 8: Share Price Performance to November 2015

    ASX:RIM Share Price Performance to November 2015 Discovery Trench 31 02-Nov-2010 - 02-Nov-2015  Risk capital has been on the sidelines 9m @ 4.9g/t Au Price and volume 14m @ 24.4g/t Au & For personal use only 14m @ 21.9g/t Au 26m @ 155g/t Ag  Exploration Sector – green shoots 35.0 0.09 First Drill

  9. Slide 9: Recent Company History and Context

    Recent Company History and Context  Rimfire has its Focus exclusively at Fifield NSW – in the LTZ Corridor For personal use only  LTZ Corridor - one of most important Copper/Gold corridors in the world (e.g. Newcrest-Cadia)  Asian investment includes China Molybdenum and Sumitomo, 80km at North P

  10. Slide 10: Company Vision and Strategy

    Company Vision and Strategy  Maintain an Overall “Prospect Portfolio” Exploration strategy at Fifield  Regional Prospects (>30) developed in parallel with the Advanced Sorpresa Project For personal use only  Risk mitigation, assists longevity in pursuit of discoveries  Focus on Gold, Silver, Cop

  11. Slide 11: Discovery costs are rising

    Discovery costs are rising Unit cost per for a moderate-sized Gold or Base Metal discovery in the World For personal use only Average Cost per discovery (2013 US$m) Unit discovery costs have doubled in the GOLD Weighted Average for last decade ~$150m 2000-2009 = $77m Weighted Average for Between 199

  12. Slide 12: Average depth of cover for discoveries - GOLD

    Average depth of cover for discoveries - GOLD World: 2004-2013 Sorpresa was For personal use only FSU + at surface World Rest Pacific EE + Western Latin Average of World SE Asia China Europe Am Africa Aust USA Canada 0 0 3 19 40 29 5 56 53 50 If you exclude South 71 Africa, the average 100 depth of

  13. Slide 13: Cash Reserves and Expenditures have dropped dramatically

    Cash Reserves and Expenditures have dropped dramatically MEDIAN Australian Junior Exploration Company : 1998-June 2014 During a downturn, For personal use only 2013 A$ Million pa “in-field” exploration & development expenditures Cash Reserves are cut the most Cash Reserves are at an all- Exploration

  14. Slide 14: Cash Reserves and Expenditures

    Cash Reserves and Expenditures Rimfire Pacific Mining: December 1998-June 2014 RIM’s expenditures Most of the spend is For personal use only RIM’s cash raisings 2013 A$ Million pa have doubled in “into the ground” are episodic recent years rather than Admin Cash Reserves Exploration & Development RI

  15. Slide 15: Regional Exploration – within 6km radius

    Regional Exploration – within 6km radius RC Drilling Program Planning Sorpresa Deposit 7.9Moz Ag and 125kOz Au For personal use only (0.5g/t Au @ 25g/t Ag cutoff) Northern Gold Area RC Drilling planning for Porphyry Copper-Gold target 6km RC Drilling Lines Tr31 Area ongoing for Au and Ag • structure

  16. Slide 16: Prospect Pipeline – November 2015 - Ranking

    Prospect Pipeline – November 2015 - Ranking For personal use only 16

  17. Slide 17: Advanced Regional prospects

    Advanced Regional prospects For personal use only Table of Comparison of more Advanced Prospects within 6km Radius of Sorpresa Projects Rock Chip Typical Typical Auger Anomaly Historic Location RC Drill Open Other g/t Au Soil ppb Au ppb Au Length Workings Sorpresa 14 @ 24.4 g/t Au 8.8 10~50 20~1,000

  18. Slide 18: Regional Exploration – Auger, Soils, Rocks

    Regional Exploration – Auger, Soils, Rocks Sorpresa Resource 7.9Moz Jacks Lookout Ag and 125kOz Au For personal use only (0.5g/t Au @ 25g/t Ag cutoff) Glen Iris Golden Green Platina Golden Gillenbine Eclipse Green South Group Twin Shafts Platina Lead SORPRESA Au (ppb) in Auger Yarrabandi Road Carlis

  19. Slide 19: Regional Gold Footprint – Rock Chips Shown

    Regional Gold Footprint – Rock Chips Shown Jacks Lookout Up to 5.7g/t Au For personal use only Glen Iris Up to 8.21g/t Au Up to 1.63g/t Au Up to 8.84g/t Au Golden Green Up to 6.19g/t Au Platina Golden Gillenbine Eclipse Twilight Dam Green South Up to Twin Shafts Group 3.4g/t Au Up to 1.27g/t Au Up t

  20. Slide 20: Regional Exploration – Copper Rockchips on Gold

    Regional Exploration – Copper Rockchips on Gold Sorpresa Resource 7.9Moz Ag and 125kOz Au Up to Jacks Lookout For personal use only (0.5g/t Au @ 25g/t Ag cutoff) 0.35% Cu & 1.1% Cobalt Up to 0.1% Cu Up to 0.04% Cu Glen Iris Up to Golden 0.13% Cu Up to Green 0.62% Cu Up to 0.29% Cu Platina Golden Gil

  21. Slide 21: Regional Magnetics – Auger & Soils, Gold

    Regional Magnetics – Auger & Soils, Gold Jacks Lookout For personal use only Glen Iris Golden Green Platina Gillenbine Golden Eclipse Green South Group Twin Shafts Platina Lead SORPRESA Au (ppb) in Auger Yarrabandi Road Carlisle 1km 21

  22. Slide 22: Eclipse - CO – Yoes Area Gold and Copper

    Eclipse - CO 2 – Yoes Area Gold and Copper Au (ppb) TWILIGHT DAM in Auger (1) Copper at Yoes - RC Chips hole Fi 0559 • Sulphide / Gossan Carbonate – Magnetite – Hematite – For personal use only Occurrences. Sulphide Vein Pyrite –Chalcopyrite – Chlorite - Carbonate Glen Iris • Rock Chips: 6.19g/t Au,

  23. Slide 23: Eclipse Copper Focus–2015

    Eclipse Copper Focus–2015 Au (ppb) in Auger on Airphoto Image Hole Fi0594 (July 2015) 400m 1m @ 0.85% Cu, from 49m  > 3.0km open auger anomaly Au & For personal use only PLUS polymetallic, @ 20ppb Au up to 2m @ 0.34% Cu Eclipse North & 0.42g/t Au from 60m 0.7g/t Au Au-Cu-Ba Target  Rock Chips 18.7

  24. Slide 24: Eclipse Trend RC Drilling 2015

    Eclipse Trend RC Drilling 2015  Completed 2,200m first pass RC drilling & follow up 2,000m For personal use only  Majority were shallow holes to date (60~80m) in first round (21/25 holes)  Copper and Gold Anomalous, most holes – need interpretation context  Massive Chalcopyrite (Cu), Fi 588 in E

  25. Slide 25: Why invest in Rimfire…Value Drivers

    Why invest in Rimfire…Value Drivers  Fifield NSW District within LTZ – The Right Address for Discoveries For personal use only  LTZ is already host to many existing Copper-Gold mines  Good infrastructure, road, power, skilled labour  Fifield Under Explored - High Grades near surface - Greenfield

  26. Slide 26: Why invest in Rimfire…cont.

    Why invest in Rimfire…cont.  4km2 area covering Eclipse, CO2, Yoes has limited drilling For personal use only Proven Technology  High Grade intersections, keep us on the radar “Discoveries are  Countercyclical Strategy – Do more work in tough times best made in the field not the office”  Stand o

  27. Slide 27: Thankyou…please stay in touch with the story

    Thankyou…please stay in touch with the story ROADSIDE For personal use only ASX Code “RIM” www.rimfire.com.au rimfire@rimfire.com.au Ph+613 9620 5866 27

  28. Slide 28: Appendix Sorpresa – Gold and Silver Resource

    Appendix Sorpresa – Gold and Silver Resource RC Drilling High Grade Review and Roadside Ag / Au  Excellent correlation of Mineralisation to Gravity For personal use only discovery planning 2015~16 Original Sorpresa  Less than 10% of available Join Up geology tested (>4km2)  Potential extensions a

  29. Slide 29: Appendix-Sorpresa Maiden Resource

    Appendix-Sorpresa Maiden Resource  Maiden Inferred and Indicated Mineral Resource for the Sorpresa Deposit comprises; For personal use only  6.4Mt for 125kOz of gold and 7.9Moz of silver (at 0.5g/t Au & 25g/t Ag cutoff)  The Gold dominant portion of the Sorpresa system represents;  3.0Mt @ 1.06g

  30. Slide 30: Sorpresa – Preliminary Oxide Metallurgy - 2013

    Sorpresa – Preliminary Oxide Metallurgy - 2013  3 composite Oxide Zone Samples across Sorpresa For personal use only Trench 31 at 2m - Au in Silica  3 locations, 130m of mineralization, 30 drill holes  Standard 24 hr CIL test at 75 micron  Additional Test on Met1 - Silver Roadside* 1 mm  48 hou

  31. Slide 31: Appendix – Additional Benchmark Study

    Appendix – Additional Benchmark Study ROADSIDE For personal use only Full study available at Rimfire website 14th Nov 2014 – Exploration Industry Presentation AGM Nov 2014 Mr Richard Schodde Slide on Industry discovery trends attached Slide on market capitalisation rankings – Junior companies att

  32. Slide 32: Appendix – Project Summaries

    Appendix – Project Summaries ROADSIDE For personal use only Project Name or Type Metals Current or target Comments Sorpresa Au, Ag 250,000 oz Au eq Resource & can grow Platina-Gillenbine 1 Pt 0.8 ~ 1.0M oz target Bulk sampling proof of concept Regional Portfolio 2 > 30 Au, Cu Multi Million Ounce Tar

  33. Slide 33: Number of significant discoveries made

    Number of significant discoveries made Non-Bulk discoveries World: 1975-2013 Number of For personal use only Discoveries On average 60-70 discoveries are Need to adjust for the made each year in fact that it takes time to the World report a discovery and drill it out Rimfire discovered the Au/Ag Sor

  34. Slide 34: The lack of cash is of main concern to junior companies with low market caps

    The lack of cash is of main concern to those junior companies with low market caps For personal use only Companies can always raise cash by Cash Reserves (A$ Million) issuing new shares ….. but that’s difficult if the market cap is low There are some companies where Mkt Cap < Cash !! RIM [Sept 2014]

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