Rimfire Pacific Says Review Defines Drill Targets at New South Wales Base Metal Project, Shares Fall 8%

MT Newswires Live

2025/09/02

Rimfire Pacific Mining (ASX:RIM) said the review of historic airborne electromagnetic geophysical survey, drilling, and surface geochemical data defined three initial drill targets prospective for copper, cobalt, lead, silver, and zinc at the Broken Hill base metal project in New South Wales, according to a Tuesday Australian bourse filing.

The firm said it is considering commercial options to generate shareholder value from the project, including sole funding future exploration work, introducing an exploration partner, or outright divestment.

The firm's shares fell 8% in recent trading on Tuesday.

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