leadf
logo-loader
viewRimfire Pacific Mining NL

Rimfire Pacific starts diamond core drilling at Sorpresa Development Project earn-in with GPR

Data from the program will assist in developing geotechnical and metallurgical design parameters and will also provide various types of ore and waste samples for geochemical analysis for the Environmental Impact Assessment.

Rimfire Pacific Mining starts diamond core drilling at the Sorpresa Development Project
Diamond rig at the site of the Trench 31 geotech hole at Sorpresa Development Project.

Rimfire Pacific Mining NL (ASX:RIM) has started diamond core drilling at the Sorpresa Development Project earn-in with Golden Plains Resources (GPR) within the Lachlan Fold Belt of central New South Wales.

Data from this drilling program will assist in the development of the geotechnical and metallurgical design parameters for the project.

The core drilling will provide geotechnical engineering data that will allow the determination of the optimal pit wall slope design parameters for the mine plans.

The metallurgical drilling will provide samples for further testing to refine ore processing options.

“Information to support development”

Rimfire managing director Craig Riley said: “It is exciting to recommence drilling after delays due to impact of recent significant rain at the site and State Government movement restrictions due to the COVID pandemic.

“This program will importantly provide significant information to assist with Rimfire’s objective of obtaining a Development Consent for the Sorpresa Project.”

Metallurgical samples collected will also provide various types of ore and waste samples for geochemical analysis.

This will form part of the Environmental Impact Assessment (EIA) that is required to obtain the Development Consent from NSW Government authorities for the Sorpresa project.

In May 2020, Rimfire signed an earn-in agreement with GPR covering an area of 103 square kilometres covering Sorpresa and the surrounding area.

Quick facts: Rimfire Pacific Mining NL

Price: 0.009 AUD

ASX:RIM
Market: ASX
Market Cap: $16.26 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Rimfire Pacific Mining NL named herein, including the promotion by the Company of Rimfire Pacific Mining NL in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Rimfire Pacific Mining outlines new focus and exploration potential for Sorpresa

Rimfire Pacific Mining (ASX:RIM) managing director and chief executive officer Craig Riley, and consulting geologist Michael Love update Proactive Investors, on a new focus and exploration potential in the South and North prospect areas of the Sorpresa project at Fifield, central NSW. The...

on 11/7/19

2 min read