RIM rimfire pacific mining limited

Ann: 2024 Annual Report to Shareholders, page-6

  1. 812 Posts.
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    I will be buying low now and holding for the next 6-12 I am only more confident now given two parties are fighting over ownership which I couldn’t care less who wins or loses from an outsiders perspective only gives me a perception that there is something to fight for personally looking at the facts the Murga North prospect has massive potential The resource is estimated at 21 million tonnes with a scandium (Sc) grade of 125 ppm, yielding approximately 2,650 tonnes of scandium and 4,050 tonnes of scandium oxide (Sc₂O₃) . This positions Rimfire among the key scandium resource holders globally, which is particularly strategic given the increasing demand for scandium in high-tech applications, such as aerospace, automotive industries, and fuel cells, as well as its role in the global decarbonisation movement for the broader Murga area, excluding Murga North. This target, estimated to be between 100 to 200 million tonnes at grades between 100 and 200 ppm scandium, further underscores the scalability of the project. The mineralisation at Murga occurs within a flat-lying, weathered saprolite (clay) horizon, which often area has seen reconnaissance drilling on a nominal 400m x 400m grid, which has shown significant scandium anomalies, confirming the potential to expand the scandium resource through further drilling .

    Last edited by Tomobince: 30/09/24
 
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Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $47.83M
Open High Low Value Volume
2.0¢ 2.0¢ 1.9¢ $18.37K 922.1K

Buyers (Bids)

No. Vol. Price($)
2 249999 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 272752 1
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Last trade - 15.38pm 16/06/2025 (20 minute delay) ?
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