Rimfire Pacific Mining's significant drilling results

Rimfire Pacific Mining (ASX:RIM) has revealed promising results from its recent diamond drilling at the Bald Hill Cobalt Copper Prospect near Broken Hill, NSW. The findings indicate high-grade cobalt sulphide mineralization and significant copper potential, extending the mineralized area significantly.

Strategic outlook and future exploration plans

Rimfire Pacific Mining (ASX:RIM) has reported encouraging results from its Bald Hill drilling program, with significant cobalt and copper mineralization confirmed. The results enhance the prospect's standing as one of the highest-grade cobalt sulphide occurrences in the region. While Rimfire focuses on its Fifield scandium assets due to current market conditions, it acknowledges Bald Hill's long-term potential. Future exploration, including additional drilling and geological surveys, will depend on market dynamics. The company aims to strategically align exploration activities with commodity price improvements.

Executive commentary on the drilling program

The results suggest Bald Hill hosts some of the highest-grade cobalt mineralization in the Broken Hill district. Despite the promising results at Bald Hill, Rimfire is prioritizing its Fifield scandium assets due to current market conditions. Exploration will continue at a level that supports the strategic priorities of the company while positioning Bald Hill for future commodity price improvements.