Rimfire Pacific Mining (ASX:RIM) said it received regulatory and land access approvals to undertake an air core drilling program at its Rabbit Trap scandium project in New South Wales, according to a Monday Australian bourse filing.
Around 24 holes for 1,200 meters will be drilled to determine the significance of two magnetic anomalies at the project, subject to the completion of agricultural cropping activities.
The firm's shares jumped 7% in recent trading on Monday.