Ranked Prospects

Ongoing disciplined exploration management facilitates a review of all mineral occurrences, historical workings and prospects across Rimfire’s tenement holding. Reprocessing of all available geophysical data sets including aeromagnetics, gravity, EM and IP plus new acquisition was completed in an effort to define new stand alone targets, extensions to Sorpresa, and potential high grade oxide satellites within 6km of Sorpresa.

This process has led to the discovery and delineation of a very high quality prospect portfolio of more than 30 current targets and many new concepts. With such a wealth of targets and in an effort to direct exploration funding to the highest priority, highest reward targets, a prospect pyramind of ranked targets is maintained to ensure highly efficient exploration spend:

The targets contain an excellent blend of grassroots and conceptual targets, to Greenfields – Walk Up Drill, Resource Definition and extension, and occur across multiple deposit styles. This work has ensured the Company has a plethora of targets beyond Sorpresa, mitigating exploration risk.