Rimfire Pacific Mining (ASX: $RIM) announces significant improvement in scandium recovery

Rimfire Pacific Mining (ASX: $RIM) has reported a substantial enhancement in the recovery of scandium from the Melrose prospect. The recent leaching tests have resulted in recoveries of up to 90.1% scandium, a significant improvement from the previous best recovery of 40%. The company engaged Mr. Boyd Willis as Process Consultant to guide future metallurgical studies, which are fully funded by Rimfire's exploration partner - GPR.

Executive Commentary on Scandium Recovery Improvement

The results of the further sighter leach tests are highly encouraging and build on the previous test results. Having demonstrated that we can recover up to 90.1% of the scandium into a 'pregnant' solution by leaching Melrose mineralised material at atmospheric pressures, our attention is now turning to maximising the extraction of scandium from solution. Rimfire is conducting a review of existing publicly available extraction technologies and has engaged highly experienced hydrometallurgist Mr. Boyd Willis as Process Consultant to guide this work. Mr. Willis' engagement provides Rimfire with invaluable metallurgy capability to complement our highly experienced geological team. We feel that the latest metallurgical results together with recent drilling results from the Murga and Melrose Scandium Prospects, as well as the calibre of our technical team, reinforce Rimfire's position as unique ASX exposure to scandium.

Summary of Rimfire Pacific Mining's Announcement

Rimfire Pacific Mining (ASX: $RIM) has achieved a significant breakthrough in scandium recovery from the Melrose prospect, with leaching tests resulting in recoveries of up to 90.1% scandium. The company has engaged Mr. Boyd Willis as Process Consultant to guide future metallurgical studies, indicating a strong commitment to further enhancing the extraction of scandium from solution. The engagement of Mr. Willis, with 40+ years' process engineering experience, reinforces Rimfire's position as a unique ASX exposure to scandium. The company's projects are ideally positioned to take advantage of the growing demand for scandium, offering significant opportunities in terms of deposit size and grade.