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Rimfire Pacific Mining NL
Summary
| Project: | Sorpresa | |
|---|---|---|
| Deposit: | Roadside, Boundary Gate | |
| Location: | Australia | |
| Commodities: | Silver-Gold | |
| Date: | 4/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-4-2017: Rimfire Pacific Mining NL announces an Exploration/Drilling Update report for its Roadside, Boundary Gate deposit at the Sorpresa project. Drilling results incl. 26m @ 1.89g/t Au from 6m. Rimfire Pacific Mining NL (ASX codes: RIM, RIMOA) (“Rimf | |
| Resources: | (Resource, I+I): 6.4Mt containing 7.9Moz Ag, 125Koz Au at Sorpresa | |
| CP/QP: | [Overall Report]: Colin Plumridge (Plumridge & Associates Pty Ltd) | |
| ABSTRACT: | Rimfire Pacific Mining NL (ASX codes: RIM, RIMOA) (“Rimfire” or “The Company”) provides results for reverse circulation (RC) drilling completed within the Sorpresa project area at Fifield NSW. “Rimfire has now completed the remaining planned RC drilling within the known Sorpresa gold and silver system, achieving some more very pleasing results. These included double digit gold results not previously seen in the Boundary Gate area, and some large widths in the mineralisation at both drill locations in this round (see Highlights Table 1 below). “We will digest this latest information, and feed these results into an updated model of the high grade lenses at Sorpresa at an appropriate time. After performing some additional metallurgy, this will complete our technical assessment of the known Sorpresa area for the time being. “The next stages of work will concentrate on the discovery potential in the larger 7km x 2km Sorpresa Corridor, where a range of targets exist (see Figure 1), and await drill scheduling. “In addition, regional assessment continues at Fifield, in accordance with the planned schedules of both Rimfire and New Gold Inc. within the project area (Hyperlink: ASX Announcement 22 February 2017 - Discovery Strategy Outline with Work Programs Commenced). “We are expecting to be able to report progress on the regional geochemistry programs, preliminary interpretations on parts of the recent geophysics survey and drilling intentions in the near future.” | |
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