Rimfire Pacific Mining (ASX: RIM) has uncovered three new base metal drill targets at its 100% owned Broken Hill Base Metal Project in New South Wales. The targets were identified through a thorough review of historical airborne EM (VTEM) data, drilling records, and geochemical datasets. The prospects — Black Hills East, Windy Ridge, and extensions at Bald Hill — indicate strong potential for copper, cobalt, lead, silver, and zinc. Located 20–30 kilometres west of the well-known Broken Hill Line of Lode, these discoveries highlight broader mineralisation opportunities beyond cobalt.
The company is evaluating strategic pathways to advance the project, including self-funded drilling, forming joint ventures, or considering asset divestiture. Rimfire remains committed to advancing its scandium projects while exploring ways to maximise value from its base metal portfolio. With increased exploration activity in the region by players such as South32, Red Hill Minerals, and Broken Hill Mines, Rimfire is well-positioned to capitalize on regional momentum and deliver long-term benefits for its shareholders.
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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.