Rimfire Pacific Mining Limited · ASX:RIM

Rimfire Pacific Mining — Proactive Investors Forums 2018

50 slides from Rimfire Pacific Mining's conference presentation, Jan 31, 2018

1. Slide 1: Mineral Discovery at Fifield NSW

   For personal use only Steeton Area Transit August 2017 Site Visits Rimfire - New Gold Inc. Planning Tout East rimfire pacific mining nl (ASX “RIM”) Mineral Discovery at Fifield NSW John Kaminsky CEO & Managing Director 31st January and 1st February 2018 Proactive Investors Forums

2. Slide 2: Disclaimer

   Disclaimer 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 future capital expenditure; (2)

3. Slide 3: Location and Corporate

   For personal use only Fifield Central NSW LOCATION AND CORPORATE 3

4. Slide 4: Project Focus – Fifield NSW – Polymetallic setting

   Project Focus – Fifield NSW – Polymetallic setting For personal use only Cobar Nyngan Sorpresa Narromine (gold and silver discovery) EL8543  Emerging Polymetallic mineral district  Gold, Silver, Platinum, Copper, Cobalt, Scandium Fifield  Multiple Deposit styles  9 Exploration Licenses, 669km2 T

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

   Project Focus – Fifield NSW - LTZ 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 3.8 921 Cowal Evolution M

6. Slide 6: Excellent Structural & Geologic Setting for major discoveries

   Excellent Structural & Geologic Setting for major discoveries For personal use only Operating Mines 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 / Nymage

7. Slide 7: District Neighbours – Geology & Prospects

   District Neighbours – Geology & Prospects Platina Resources (ASX: “PGM”) - Owendale For personal use only 24Mt @ 380ppm Sc for 9,100 tonnes of scandium; Australian Mines 31Mt @ 0.52g/t Pt, 0.15% Ni, 0.05% Co for 0.52 Moz of Pt (ASX: “AUZ”) Market Cap $300m Incl. reserve of 3990Kt @550ppm Sc, 0.09% C

8. Slide 8: Company Snapshot – January 2018

   Company Snapshot – January 2018 For personal use only Shares on Issue 943M Ordinary FP ; Unlisted Options 2.3M Market Cap. Approx. $27.3M @2.9cents Volume last 12 months • Approx. ~500,000 shares/day • Largest 20 Million shares/day; Shareholder Profile – Approx. 2060 shareholders • Board & Managemen

9. Slide 9: The Board & Management – Strong New team

   The Board & Management – Strong New team For personal use only CA, Bachelor of Commerce (Honours), Executive MBA from the AGSM, with over 30 years experience Ian McCubbing (July 2016) principally in the areas of corporate finance and M&A in resources and industrial. Currently a Non-Executive (Chairm

10. Slide 10: Share Price Performance to January 2018

    ASX:RIM 30 month Share Price Performance to January 2018 For personal use only 4m @ 6.5% Copper Fortuna Gold New Gold Inc Tout East Cobalt  Risk capital returning (absent 4 years)  Exploration Sector – off the bottom & +ve for 2018  Liquidity and value now improved  Gold sideways in 2017 – expec

11. Slide 11: Key Metal Prices

    Key Metal Prices For personal use only  Demand driver battery market, outlook strong  Gold Price sideways in 2017 Increasing 2018  Limited project areas in easy jurisdictions  Gold supply Peak in Australia? (Schodde Report)  Fifield has a strong focus generated by  Gold has sustained discovery

12. Slide 12: Rimfire – New Gold Inc. Earn-in Deal

    For personal use only Fifield Central NSW RIMFIRE – NEW GOLD INC. EARN-IN DEAL 12

13. Slide 13: New Gold Inc. Public Comments October 2016

    New Gold Inc. Public Comments October 2016 New Gold’s, Mark Petersen, Vice President, Exploration, stated: For personal use only “We are excited to work with the Rimfire team as the Fifield Project demonstrates large-scale, world-class discovery potential in a geologic setting very familiar to us”.

14. Slide 14: New Gold Inc. Deal Outline – No Downside

    New Gold Inc. Deal Outline – No Downside  A$0.5 million equity investment (Nov 2017) in Rimfire shares at 2.1 cents & New Gold For personal use only Minimum spend $2m in the first year (due by March 2018)  First year is spent ($2m), await nomination to continue or otherwise  New Gold may elect to

15. Slide 15: Goals and approach to the New Gold Inc. earn-in 2017

    Goals and approach to the New Gold Inc. earn-in 2017 For personal use only  Aggregated 4 million ounce gold equivalent outcome goal  10 year mine life, lower third of costs  The New Gold Inc. and Rimfire combined exploration approaches are complimentary  Big picture architecture  Nimble focused

16. Slide 16: New Gold Inc. Comments November 2017

    New Gold Inc. Comments November 2017 For personal use only New Gold’s, Mark Petersen, Vice President, Exploration, in November 2017 stated: “ Since joining the Rimfire team to explore the Fifield project area a year ago, we are quite pleased with the progress made in the advancement of understanding

17. Slide 17: Progress 2017 - Where are we now?

    For personal use only Fifield Central NSW PROGRESS 2017 - WHERE ARE WE NOW? WHERE ARE WE HEADING IN 2018? 17

18. Slide 18: Milestones and Important Progress 2017

    Milestones and Important Progress 2017 For personal use only Activity Date New Gold Rimfire Comment Magnetics & Radiometrics Jan-Feb ✔✔ ✔ Detailed Survey Covers 669km2 Data Review, Gap Analysis Jan-May ✔ Programs to fill gaps Historic Re-assays Mar-June ✔ Complete data set Spectral Studies Mar-May ✔

19. Slide 19: Key outcomes from 2017 program initiatives

    Key outcomes from 2017 program initiatives For personal use only  Extended coverage across entire 669km2 Tenement package  Greater geological & structural understanding  At the macro and micro levels  Increased geochemistry knowledge on larger footprint  Expanded metal suite, including Cobalt 

20. Slide 20: Completed Airborne High Resolution Geophysics

    Completed Airborne High Resolution Geophysics Rimfire Tenement Boundary Regional Magnetics Lower For personal use only resolution government data Outside Rimfire Boundary CleanTeQ  2017 expanded detailed geophysics (cover 669km2)  13,000 line km 50m width x 40m height  A proxy for geology and str

21. Slide 21: Drilling and Sampling 2017 YTD November

    Drilling and Sampling 2017 YTD November Drilling Summary # metres For personal use only 2017 surface samples Soil, 89, Rocks, 92, 22% 23% DRILLING SUMMARY # OF HOLES LAG, 220, 3, Diamond 41, RC 55% Auger Air core Diamond RC 437, Drilling Summary 2017 to November Rocks LAG Soil Auger Drilling Type #

22. Slide 22: Emerging Key Target Area Domains

    Emerging Key Target Area Domains For personal use only  Greater Transit - Au intersections and Cu/Mo  Steeton - Ordovician Age Epithermal- Porphyry (Au-Cu) Area 2  Fortuna – Gold anomaly to Quartzite Hill areas 1km2 Au  Northern View - (~Ben Hur) anomalous (Co, Mn, Au, Ag, Pb, Sb, As, Cu, Zn, Te

23. Slide 23: Prospect Pipeline – January 2018 - Ranking

    Prospect Pipeline – January 2018 - Ranking Roadside For personal use only RC Drilling ongoing lens definition SORPRESA Updated Results 2017 Roadside North Resource Definition Project Area Trench 31, Join Up, Boundary Gate Advanced UP Aircore and RC Drilling Projects Oct-Feb 2018 GGS, Twin Shafts Var

24. Slide 24: Transit 4km East of Sorpresa - Results Analysed

    Transit 4km East of Sorpresa - Results Analysed For personal use only  Demonstrates capacity of Fifield to host additional discoveries.  8 scout holes were drilled over a strike of 500m Sept 2017  An excellent mineralisation hit rate in the drill holes was achieved  Transit sits at the intersect

25. Slide 25: Transit Prospect – Gold in Shears – Copper-Molybdenum

    Transit Prospect – Gold in Shears – Copper-Molybdenum For personal use only Fi0807: 36m @ 0.64 g/t Au from surface including Fi0808: 44m @ 0.63 g/t 4m @ 2.32 g/t Au Au from 36m including 20m @ 1.11 g/t Au Fi0810: 30m @ 0.61 g/t Au from 22m including 6m @ 1.65 g/t Au  Note in 2015 RC Hole Fi0814: 10

26. Slide 26: Steeton Area – Epithermal/Porphyry Au-Cu

    Steeton Area – Epithermal/Porphyry Au-Cu Intrusive Monzonite For personal use only Lapilli (Volcanic Centre, veins, textures, alteration) Lapilli (Volcanic Centre) Important Rocks  Located SW of Yoes Trend  400m x 100m open  Aircore Phase 2 to expand & provide more data  Looking for Ordovician A

27. Slide 27: Steeton features on 1VD Magnetics

    Steeton features on 1VD Magnetics For personal use only  Aircore Phase 1  Gold hits  Structure can be seen in Radiometrics  Intrusive Monzonite  Epithermal – Porphyry Gold and Copper potential  Aircore Phase 2 expanded (results shortly)  North Parkes style Porphyry potential 27

28. Slide 28: Fortuna Gold LAG sampling with Aircore Phase

    Fortuna Gold LAG sampling with Aircore Phase 1 For personal use only  Large 1km diameter Gold Anomaly with Associated As, Pb zoning  Higher order Gold anomaly than Sorpresa at same stage  Underlying Intrusive entering complex fault zone  Need to Model for subtle magnetics and possible IP or EM 

29. Slide 29: Northern View Cobalt on 1VD Magnetics

    Northern View Cobalt on 1VD Magnetics For personal use only  Upto 1% Cobalt in chips  Fault controlled Cobalt bearing sulphides?  Faults appear trackable on K radiometrics First pass RC First pass RC Drilling Drilling  Other metals possible, Cu 7 holes 7 holes, 2 locations 2 locations Start Dec

30. Slide 30: Coarser Gold Concept – Colin's Corridor

    Coarser Gold Concept – Colin’s Corridor For personal use only  DDH Fi0329 114g/t Au (2013)  Coarser Gold (0.7mm) and seen in RC drill holes  4km corridor 1m @ 114g/t Au  2nd Gold event overprint? (2013)  May explain breaks in the Sorpresa trend - expansion  Manganese appears identical to North

31. Slide 31: Increased Aircore Phase - completed late 2017

    Increased Aircore Phase 2 - completed late 2017 (results and interpretation pending) For personal use only CleanTeq (ASX: “CLQ”)  Phase 1 Tout Intrusive Aircore at Co, Ni, Sc & Pt 1km line spacing, 250m centred holes Phase 2 Aircore Drill Hole Plan,  Phase 2 (drilling now completed) Aircore infill

32. Slide 32: District Picture– Tout East Extension

    District Picture– Tout East Extension CleanTeQ For personal use only Syerston (Sunrise) Resource Blue Outline Rimfire +/- Ni, Co, PGE, Sc Tenement Boundary Interpreted Eastern zone of Tout Complex on Rimfire Tenement Tout Intrusive Tout Extension? Scale 2km N-S magnetite destruction corridor represe

33. Slide 33: Cobalt bedrock geochemistry Tout East

    Cobalt bedrock geochemistry Tout East ( on RTP Magnetic Image)  Zones of elevated Co observed associated For personal use only with laterite profile in Aircore Drilling  Drilling focused on magnetic high zones, with lower magnetic response zone Elevation of Co within untested laterite profile from

34. Slide 34: Two Cobalt Prospect Areas Drilling Locations

    Two Cobalt Prospect Areas Drilling Locations For personal use only CleanTeQ (ASX: “CLQ”) Sunrise (Syerston Deposit) Co, Ni, Sc & Pt Rimfire & CleanTeQ Boundary Early stage programs Tout East Tout East ~4km x 2km Cobalt, Nickel anomaly 10 New Aircore Scout RC Drilling Area Holes completed 7 Holes

35. Slide 35: Summary – Potential of Tout East Extension

    Summary – Potential of Tout East Extension For personal use only  New area of assessment to the north of Fifield  First postulated based on magnetics  Mapping extension by Rimfire in 2017  Concept assembly, field evidence (Laterite)  New Gold Inc. Regional Aircore Drilling – Laterite intersecte

36. Slide 36: Sorpresa Corridor Status

    For personal use only Fifield Central NSW SORPRESA CORRIDOR STATUS 36

37. Slide 37: Sorpresa – Gold and Silver Area Update

    Sorpresa – Gold and Silver Area Update Roadside Ag / Au  JORC Resource Dec 2014 For personal use only RC Drilling High Grade Review 2017 Original Sorpresa  Drilled high Grade lenses 2017 assist assessment Join Up  3rd round of metallurgy Boundary Gate East (BGE) Boundary Gate  Discovery Concepts

38. Slide 38: Discovery Growth Opportunities Sorpresa Corridor

    Discovery Growth Opportunities Sorpresa Corridor For personal use only Sorpresa Deposit 7.9Moz Ag and 125kOz Au (0.5g/t Au @ 25g/t Ag cutoff) Sorpresa style geology with Au potential Expanded (2016) from 11km2 to 18km2 Less than 10% drill tested  Discovery Growth 38

39. Slide 39: Summary Position

    For personal use only Fifield Central NSW SUMMARY POSITION 39

40. Slide 40: Value Drivers – Executive Summary

    Value Drivers – Executive Summary For personal use only  Location, LTZ corridor NSW – Excellent discovery setting  World Class ore body potential (Gold – Copper footprint)  Metal Focus Au, Cu, Ag, Pt - a polymetallic setting, plus Cobalt  Other metals emerging – Active Neighbours CleanTeQ (Ni, C

41. Slide 41: Value Drivers – Executive Summary

    Value Drivers – Executive Summary For personal use only  Fifield Mineral Prospect Portfolio – Risk Mitigation  Regular prioritisation of targets  Unique Discovery Methodology Adopted  Best of Large and Small Company  Target Screening and testing  Drilling outcomes  Market Milestones  Rimfire

42. Slide 42: Please stay tuned for updates at Fifield

    Please stay tuned for updates at Fifield ROADSIDE For personal use only Thank you Proven Technology “Discoveries are best made in the field not the office” ASX Code “RIM” www.rimfire.com.au Consider signing up to the Rimfire Website for news alerts rimfire@rimfire.com.au Ph+613 9620 5866 42

43. Slide 43: Appendices

    For personal use only Fifield Central NSW APPENDICES 43

44. Slide 44: Appendix – Additional Information

    Appendix – Additional Information ROADSIDE For personal use only Independent Industry Benchmark studies on Junior Resource Sector available at Rimfire website 14th Nov 2014 – Exploration Industry Presentation AGM Nov 2014 Mr Richard Schodde 27th Nov 2015 - Presentation Exploration Trends Richard

45. Slide 45: Appendix - 3D Exploration Model (Gold Only Shown)

    Appendix - 3D Exploration Model (Gold Only Shown) For personal use only Sorpresa Implicit Model illustrating higher grade Gold mineralisation (Implicit Model is an interpretive exploration model imaging (a) Gold: yellow >0.2g/t Au, red >0.5g/t Au, purple >2g/t Au) – 500m grid lines 45

46. Slide 46: Appendix - Sorpresa Significant Intersections

    Appendix - Sorpresa 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 Ag (incl.

47. Slide 47: 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

48. Slide 48: 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 10

49. Slide 49: Appendix Sorpresa –Oxide Metallurgy - 2013

    Appendix Sorpresa –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 hour CI

50. Slide 50: 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, Co Multi Million Ounce

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