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Media

Rimfire Pacific Mining hits 114g/t gold at Sorpresa in NSW

Rimfire Pacific Mining's (ASX: RIM) has discovered bonanza grade gold in the recent diamond drilling program at the company's Sorpresa Project at Fifield in New South Wales.

The highlight was: 1 metre at 114g/t gold from 159 metres is the third best gold intersection ever drilled at Sorpresa, with the hole also hitting 1 metre at 33g/t gold from 159 metres.

Importantly the drilling program has extended mineralisation 400 metres East of Boundary Gate and 1 kilometres South of Roadside, and appears continuous.

There is the potential for more discoveries, as the receptive horizon remains open along strike and down dip.

Geological understanding from the first ever diamond core at the project has enabled correlation of the receptive horizon with a large underlying IP chargeability anomaly.

Other intersections of note include:

- Fi 328 DDH: 7 metres at 4.24g/t gold from 87 metres, including 1 metre at 22.7g/t gold and 20 metres at 97.6g/t silver from 80 metres, including 1 metre at 631g/t silver.

- Fi 327 DDH: 1 metre at 24.9g/t gold from 143 metres and 10 metres at 35.9g/t silver from 121 metres and 3 metres at 78.2g/t silver from 135 metres.

Additional assays are pending for Hole Fi 325 DDH at Trench 31.

The Fifield area is well supported with good development infrastructure for mining

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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