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.