Rimfire Pacific Mining (ASX:RIM) Scandium Resource Upgrade Announcement

Rimfire Pacific Mining Limited (Rimfire) (ASX:RIM) has announced its anticipation of an upgraded Scandium Resource by the end of June 25 Qtr. The company's initial Mineral Resource Estimate (MRE) for Melrose & Murga North is 5.1Kt Scandium Oxide with a separate Exploration Target of 100 to 200Mt at 100 to 200ppm Sc (15 - 46Kt Scandium Oxide). Rimfire's high impact programs over the next 6 months are fully funded by GPR and are focused on delivering Scandium Resource upgrades.

Executive Commentary

Rimfire's Managing Director, David Hutton, expressed confidence in the company's exploration and resource results, stating, 'We are excited about the potential for an upgraded Scandium Resource by the end of June 25 Qtr. Our team's extensive experience and the fully funded high impact programs position us well to achieve our goals.'

Summary of Rimfire Pacific Mining (ASX:RIM) Announcement

Rimfire Pacific Mining (ASX:RIM) anticipates an upgraded Scandium Resource by the end of June 25 Qtr. The company's initial Mineral Resource Estimate for Melrose & Murga North is 5.1Kt Scandium Oxide with a separate Exploration Target of 100 to 200Mt at 100 to 200ppm Sc (15 - 46Kt Scandium Oxide). Rimfire's high impact programs over the next 6 months are fully funded by GPR and are focused on delivering Scandium Resource upgrades. The company's ambitions include investigating new Scandium opportunities in underlying fresh basement rocks and conducting concurrent Stage 2 Metallurgical Test work to explore commercial processing routes. Rimfire's management team, including highly experienced individuals such as Dr. Peter Crowhurst, Paul Wright, Michael Love, and Boyd Willis, is well-equipped to drive the company's strategic goals forward in the Scandium market. The company's focus on the Fifield District in central NSW, which hosts some of the highest-grade scandium deposits in the world, positions Rimfire as a key player in the future of Scandium supply. With the anticipation of an upgraded Scandium Resource and the unique geology of the Fifield District, Rimfire is poised for significant developments in the Scandium market.