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Rimfire Pacific Mining (ASX: RIM) has reported the final batch of assays from its first-ever scandium-focused air core drilling program at the Currajong Scandium Prospect, within the Fifield District in NSW. The 200-hole, 6,457-metre program targeted the 3 km Currajong Ultramafic Belt, intersecting favourable pyroxenite-hosted mineralisation. Highlights include intercepts such as 15m @ 280 ppm Sc (429 ppm Sc Oxide) from 15m, and 10m @ 234 ppm Sc (359 ppm Sc Oxide) from 13m, with approximately 25% of holes ending in anomalous scandium, indicating potential extensions at depth.
Multiple coherent zones have been defined over 1.7 km at the belt’s southern end. The scandium is hosted in flat-lying laterite to lower saprolite zones, and the data will underpin a maiden mineral resource estimate expected in September 2025. Managing Director David Hutton highlighted the strategic significance amid tightening Chinese export restrictions, positioning Fifield as a potential secure long-term scandium supply source for Western markets.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.