Rimfire Pacific Mining Limited · ASX:RIM
Rimfire Pacific Mining — Investor Presentation (February 2023)
24 slides from Rimfire Pacific Mining's investor presentation, Feb 21, 2023
Slide 1: Experienced Explorer with Critical Minerals Focus
For personal use only Experienced Explorer with Critical Minerals Focus February 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 (New South Wales) with demonstrated prospectivity for Critical Minerals and Copper / Gold deposits Key Prospects immediately adjacent to two Federal Government declared “M
Slide 4: Capital Raising Summary
For personal use only Capital Raising Summary • Seeking ~ $1.2M to underpin high impact drilling and work programs on Rimfire’s 100% - owned projects • High priority drill targets at Broken Hill (cobalt) and The Valley (copper gold) • Drilling scheduled to commence at The Valley this week • Active w
Slide 5: 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 Diamond drilling – Bald Hill (400m) Capital Raising Regional Target Generation Valley Diamond drilling (1,000 metres) Platina Lead – Drillin
Slide 6: Capital Raising – Indicative Use of Funds
For personal use only Capital Raising – Indicative Use of Funds Project Activity Details Amount Project Activity Details Amount Broken Hill Land Access / ground reconnaissance $ 50,000 Broken Hill Land Access / ground reconnaissance $ 25,000 Diamond Drilling - Bald Hills 400 metres $ 200,000 Diamond
Slide 7: Corporate Overview
For personal use only Corporate Overview Corporate Structure (ASX:RIM) as at 31 December 2022 12 Month Share Price (range: 0.6 to 1.3 cps) 1.81b 115.3m Shares on issue Options Share Register $0.009 $16.29m • Anton Billis Group – 8% Share price Market cap • Trevor Nairn – 5% (fully diluted) • Golden
Slide 8: 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 9: 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 10: Why Critical Minerals?
For personal use only Why Critical Minerals? • Critical minerals are metals, non-metals and minerals that are 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 ot
Slide 11: Copper
For personal use only Copper • 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 2029 • Over the next decade, investment in new copper projects (to meet project
Slide 12: Nickel and Cobalt
For personal use only Nickel and Cobalt Without recycling, the world will need to build 62 new cobalt mining projects of 5,000 tonnes each by the end of 2035 to satisfy demand. Another 72 mining projects with an average size of 42,000 tonnes will be required to meet battery demand for refined nickel
Slide 13: Scandium
For personal use only Scandium Scandium Demand • Found in small quantities and commonly produced as a by- product 2% 1% • Principal uses are in aluminium-scandium alloys and solid oxide fuel cells (SOFCs) 7% • Scandium Oxide current price ~ US$927,000 per tonne • 10 - 20t of scandium are currently e
Slide 14: Platinum Group Elements (PGEs)
For personal use only Platinum Group Elements (PGEs) Platinum Market Volume % by • Principle uses of PGEs in the automotive sector - Application (current) catalytic converters • Future use in Hydrogen Electrolysers and Fuel Cells • Platinum market is expected to reach 7,450 Koz by the end of 2022, w
Slide 15: Key Projects – Broken Hill (100% RIM)
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 1 Bald Hill • Rimfire’s priority Railway Extension target immediatel
Slide 16: Key Projects – Valley (100% RIM)
For personal use only Key Projects – Valley (100% RIM) Copper Gold • Adjacent to Kincora (KCC.ASX) Mordialloc / Trundle Projects • Anomalous copper surface geochemistry • Recent Drilling confirms the “right” Ordovician bedrock – same type and age as Northparkes system 6 • Reprocessed geophysical dat
Slide 17: Key Projects – Cowal (100% RIM)
For personal use only Key Projects – Cowal (100% RIM) Copper Gold • Adjacent to Evolution Mining’s (EVN.ASX) Cowal Gold Mine (mining depleted Gold Mineral Resource of 305.3Mt @ 0.98g/t gold (9.6Moz) as at 16 February 2022) • Rimfire’s exploration neighbours - Evolution Mining, Sandfire Resources (SF
Slide 18: Key Projects – 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 3 • Critical Minerals Discovery potential with 20+ priority exploration ta
Slide 19: Melrose
For personal use only Melrose Nickel Cobalt Scandium • High grades in flat-lying laterite zone developed over pyroxenite host rock • Remains open along strike • Rimfire “discovery” in 2021 19
Slide 20: Melrose
For personal use only Melrose Nickel Cobalt Scandium • Dunite and pyroxenite host rocks underlying laterite profile • At surface (very low strip ratio) • Perth – based consultancy (IMO) appointed to investigate extraction of Ni Co Sc using atmospheric leaching • Bulk sample submitted to IMO for meta
Slide 21: Key Projects – Fifield (GPR earning up to 60%)
For personal use only Key Projects – Fifield (GPR earning up to 60%) Gold PGEs • Sorpresa JORC Resource 8 (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: Jack's Lookout
For personal use only Jack’s Lookout Gold Silver • FI2401 intersected wide zone of gold and silver prospective “Sorpressa NO DRILLING Beds” 600 metres downdip of Sorpressa • No drilling within 500 metre radius of FI2401 • Geological modelling underway to identify new high grade gold silver targets 2
Slide 23: Appendix – Reference Links
For personal use only Appendix 1 – Reference Links [1] Sunrise Energy Metals (ASX:SRL) – Sunrise Project Awarded Major Project Status, 6 Dec [6] Rimfire Pacific Mining (ASX:RIM) – Valley Results Support Potential for Nearby Porphyry 2021 System, 27 Jul 2021 https://wcsecure.weblink.com.au/pdf/SRL/02
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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