Rimfire Pacific Mining Limited (AU:RIM) has released an update.
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Rimfire Pacific Mining has initiated its first diamond drilling program at the Murga Exploration Target in New South Wales, aiming to explore scandium mineralization. The drilling program, expected to conclude by Christmas, will yield critical data to potentially convert the exploration target into a mineral resource estimate by the end of the 2024/2025 financial year. This move could significantly enhance Rimfire’s position in the critical minerals market, attracting investors keen on resource exploration and development.
For further insights into AU:RIM stock, check out TipRanks’ Stock Analysis page.
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