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Media

Rimfire Pacific Mining moving to Measured gold resource at Sorpresa

Rimfire Pacific Mining (ASX:RIM) has received further gold results from the final four holes of its reverse circulation drilling program within the Sorpresa mineralised system at Fifield, New South Wales.

The results compare favourably with surrounding intersections at Sorpresa, confirming the robustness of the Sorpresa mineralisation.

The latest results are:

- 26 metres at 0.96 grams per tonne gold including 2 metres at 7.5g/t gold from 24 metres;

- 26 metres at 0.87g/t gold including 2 metres at 6.7g/t gold from 18 metres; and

- 16 metres at 0.39g/t gold including 2 metres at 1.08g/t gold from 16 metres.

The completed 10 hole program will now enable parts of the resource at Sorpresa to move from inferred and indicated to measured status. This reclassification assessment is underway.

Sorpresa has a current Resource of 6.4 million tonnes for 7.9 million ounces of silver and 125,000 ounces of gold.

A second reverse circulation drill program is underway at “the Gap” location within Sorpresa, designed to extend the mineralisation and resource ounces in the oxide zone.

The company has completed four holes to date with visible gold observed in the field.

Other areas within or adjacent to Sorpresa are being considered for further drilling.

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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