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Rimfire Pacific Mining NL

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Summary

Project:

Sorpresa

Deposit:Northern Gold
Location:Australia
Commodities:Gold-Copper-Lead-Zinc
Date:11/5/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-11-2019: Rimfire Pacific Mining NL announces an Exploration/Drilling Update report for its Northern Gold deposit at the Sorpresa project. Drilling results incl. 2m @ 0.15ppm Au, 98ppm Cu, 14ppm Pb, 66ppm Zn from 20m. Rimfire Pacific Mining NL (“Rimfire”
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Todd Axford (Geko-Co Pty Ltd.)
ABSTRACT:Rimfire Pacific Mining NL (“Rimfire”, “Company”; ASX Code “RIM”) advises that assays for the first phase of the drilling program for Northern Gold, Northern Area and Southern Area have been received. These results support the Intrusion Related Gold System (IRGS) model at Northern Gold and have confirmed historically reported elevated copper in the Northern Area. The limited drilling completed in the Southern Area has generated samples suitable for lithogeochemical classification to determine if igneous rocks are part of the Ordovician Macquarie Arc. The Macquarie Arc age rocks host the nearby significant copper / gold and gold mineralised systems including Northparkes (CMOC) and Cowal (Evolution Mining) respectively. Phase 2 drilling plans have also been finalised and drilling is expected to commence late November 2019 following completion of routine NSW Government drilling approval processes and local landholder access arrangements.

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