Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Investor Presentation (October 2018)
22 slides from Rimfire Pacific Mining's investor presentation, Oct 19, 2018
Slide 1: Dual Strategy for Development & Discovery Growth at Fifield NSW
rimfire pacific mining nl (ASX “RIM”) For personal use only Dual Strategy for Development & Discovery Growth at Fifield NSW (1) Assessing Sorpresa Resource cash generating potential (2) Regional pursuit for large discoveries in gold and copper __________________________ Broker and Investor Presentat
Slide 2: Company Overview
Company Overview Key Information Financial and Shareholder Metrics (October 2018) For personal use only ❑ Rimfire is an ASX listed junior exploration company, with its key Cash (as at 30 June 2018) A$0.894m operations based in Fifield, Central NSW and head office in Melbourne Share price range 2018
Slide 3: Personnel – Quality Experienced Team
Personnel – Quality Experienced Team Board and Management Exploration and Development Team For personal use only 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 ge
Slide 4: Project Location Fifield NSW – Significant Neighbours
Project Location Fifield NSW – Significant Neighbours For personal use only 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 North Parkes CMOC/Sumitomo 3.8 9
Slide 5: Dual Strategy – Asset Monetisation and Discovery Growth
Dual Strategy – Asset Monetisation and Discovery Growth For personal use only 1.Sorpresa ❑ Economic focus on the existing gold & silver Sorpresa resource assessment & resource ▪ High Grade lenses growth Dual Strategy ▪ Open pit, mineable areas Outcomes ❑ High Reward exploration upside for Regional d
Slide 6: Year Share Price Performance to October 2018
ASX:RIM 3 Year Share Price Performance to 11 October 2018 Events For personal use only 4m @ 6.5% Fortuna New Gold Tout East New Gold Rights Copper Gold Inc Entry Cobalt Inc Exit Issue Positive Outlook for Gold ❑ Peak gold looming ❑ Central Banks buying ❑ US/China trade dispute ❑ Increased interest
Slide 7: Strategy – Sorpresa Asset Monetisation
Strategy 1 – Sorpresa Asset Monetisation For personal use only Assess Sorpresa Resource to determine the viability of a higher grade, lower tonnage project, generating a positive cashflow return ✓ Integration of additional drilling, completed between 2014 and 2017, to better define higher grade zone
Slide 8: Near Sorpresa (<4km) Discovery Growth Potential
Near Sorpresa (<4km) Discovery Growth Potential For personal use only Sorpresa Growth Targets (<4km) Quality Targets ❑ 114 Gold Corridor 681km2 Tenements ❑ Northern Gold with Prospects Sorpresa Resource Au, Ag ❑ Rabers Hill ❑ Deep IP target ❑ Southern Gravity ❑ Redstone-Silica Hill Sorpresa ❑ Others
Slide 9: Gold Corridor Prospect
114 Gold Corridor Prospect For personal use only ❑ DDH Fi0329 114g/t Au (2013) ❑ Coarser Gold (0.7mm) and seen in RC drill holes ❑ 4km corridor ❑ 2nd gold event overprint that is structurally controlled? 1m @ 114g/t Au (2013) ❑ Extensive Bulk Sampling completed, recovered Au, Pt ❑ Indicates near sur
Slide 10: Northern Gold Prospect
Northern Gold Prospect For personal use only Fortuna Casuarina Valley ❑ Area of extensive historic gold workings ❑ Can draw similarities to the 114 corridor Northern Gold ❑ Sedimentary sequence including areas of carbonaceous siltstone and gossan. Sorpresa Deposit 125kOz Au and 7.9Moz Ag (0.5g/t Au
Slide 11: Strategy – Growth potential via large ore body discovery
Strategy 2 – Growth potential via large ore body discovery For personal use only 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 styles (within 100km
Slide 12: Southern Ordovician Area - Mapping & First Pass Drill Plan
Southern Ordovician Area - Mapping & First Pass Drill Plan For personal use only Rimfire Tenement & Magnetic Survey Boundary ❑ Previously unrecognised Ordovician Age Volcanics under cover ❑ Potential to host large scale deposits CleanTeq Sorpresa Resource Au/Cu (Cowal, Northparkes styles) (Gold & Si
Slide 13: Transit Prospect – Gold & Copper-Molybdenum
Transit Prospect – Gold & Copper-Molybdenum Fi0807: 36m @ 0.64 g/t For personal use only Au from surface ❑ First pass RC drill Fi0808: 44m @ 0.63 g/t including 4m @ 2.32 g/t testing (2017) Au Au from 36m including 20m @ 1.11 g/t Au generated significant results 4km east of Fi0810: 30m @ 0.61 g/t Sor
Slide 14: Fortuna Gold Prospect
Fortuna Gold Prospect For personal use only ❑ 1km2 gold anomaly at surface, 3km north of Sorpresa ❑ Historic low level gold in soils confirmed with rock chip and expanded via lag sampling ❑ Signs of an intrusion related system in an area of Sorpresa Basin rocks (west) & andesitic rocks showing pyrit
Slide 15: Key Catalysts and Milestones in the next months
Key Catalysts and Milestones in the next 12 months For personal use only Strategy 1: Sorpresa development appraisal and growth ❑ Existing Sorpresa Resource first pass assessment for development ▪ Significant technical and economic insights expected in the next 5 months ❑ Advance discovery and resour
Slide 16: Why Rimfire? - Value Drivers Summary – In ground
Why Rimfire? - Value Drivers Summary – In ground For personal use only ❑ 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
Slide 17: Why Rimfire? - Value Drivers Summary – Above Ground
Why Rimfire? - Value Drivers Summary – Above Ground For personal use only ❑ Experienced Board and Technical Personnel ▪ Discovery and development track record (Plumridge, Love, Riley) ▪ Expenditure well managed ❑ Risk Mitigation through partnerships and prospect portfolio creation ▪ Actively seeking
Slide 18: Thank you
Please stay tuned for updates at Fifield ROADSIDE For personal use only 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 18
Slide 19: Appendix - Sorpresa Gold and Silver Resource
Appendix - Sorpresa Gold and Silver Resource (Economic assessment and discovery growth) Roadside Ag / Au For personal use only ❑ JORC Resource Dec 2014 ▪ 125koz Au, 7.9m oz Ag ❑ New work to include high grade lens drilling 2017 ❑ Positive Metallurgy completed Boundary Gate ❑ Discovery Concepts can e
Slide 20: Appendix - Sorpresa Resource Significant Intersections
Appendix - Sorpresa Resource 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 A
Slide 21: Appendix - Sorpresa Maiden Resource
Appendix - Sorpresa Maiden Resource For personal use only 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
Slide 22: Disclaimer and Competent Person Statements
Disclaimer and Competent Person Statements For personal use only ❑ 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
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