Rimfire Pacific Mining LimitedASX: RIM

Rimfire builds its 100% owned scandium footprint

· Issued by Rimfire Pacific Mining Limited

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Rimfire Pacific Mining Limited has announced the expansion of its scandium footprint with the acquisition of the Bogan River Project, which is strategically located near the Nyngan Scandium Deposit. The project includes two exploration licence applications covering a significant area and is expected to enhance Rimfire's position in the scandium market. Rimfire's Executive Chair highlighted the importance of this acquisition in building a significant scandium inventory as demand for the mineral grows across various industries. The company plans to compile previous exploration data and prioritize targets for drilling once the exploration licenses are granted.

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