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Rimfire Pacific Mining set to begin phase 2 drilling at Southern Area in Fifield

Published: 22:41 21 Nov 2019 EST

Rimfire Pacific Mining NL - Rimfire Pacific Mining set to begin phase 2 drilling at Southern Area in Fifield
McLeod Drilling are expected to mobilise to site and commence drilling by end of November

Rimfire Pacific Mining NL (ASX:RIM) is commencing the next phase of discovery activity at the Southern Area within its Fifield exploration licences in central NSW.

The Phase 2 drilling program in the Southern Area will focus on obtaining rock samples from below transported soil cover to test for anomalous geochemistry on a range of magnetic geophysical targets where there has been no prior drilling of the bedrock.

Rimfire exploration licences and project areas

Rimfire managing director Craig Riley said: “Rimfire is excited to commence the next phase of its discovery program with the Phase 2 Drilling Program building on the insights gained from the Phase 1 Drilling.

“The results of the Phase 2 Drilling Program are expected to be released after assaying and QAQC checks are complete towards the end of 2019 and in combination with Phase 1 results will support the planning of the Phase 3 Drilling Program in Q1 2020.”

Locality plan of Southern Area

The program will also obtain magmatic and intrusive bedrock samples for geochemical analysis to make a robust assessment on characterisation of magma and similarity to Ordovician Macquarie Arc volcanism which hosts significant local deposits such as Cowal and Northparkes.

All landowner access agreements and NSW Government Environmental Resources Regulatory approvals are complete, with McLeod Drilling expected to mobilise to site and commence drilling by end of November.

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