Darren Glover - RimFire Pacific Mining - Update on the Sorpresa Gold and Silver Project – Fifield...

August, 2014 1 Rimfire Pacific Mining

Disclaimer  Disclaimer: This presenta,on contains “forward looking statements” as defined or implied in common law and within

the meaning of the Corpora,ons Law. Such forward looking statements may include, without limita,on, (1) es,mates of future capital expenditure; (2) es,mates of future cash costs; (3) statements regarding future explora,on results and goals. Where the Company or any of its officers or Directors or representa,ves expresses an expecta,on or belief as to future events or results, such expecta,on or belief is expressed in good faith and the Company or its officers or Directors or representa,ves as the case may be, believe to have a reasonable basis for implying such an expecta,on or belief. However, forward looking statements are subject to risks, uncertain,es and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward looking statements. Such risks include, but are not limited to, commodity price fluctua,on, currency fluctua,on, poli,cal and opera,onal risks, governmental regula,ons and judicial outcomes, financial markets and availability of key personnel. The Company does not undertake any obliga,on to publicly release revisions to any “forward looking statement”, or to reflect the occurrence of unan,cipated events, except as may be required under applicable securi,es laws.

 Competent Person Statement: The informa,on in this presenta,on that relates to Explora,on Results is based on informa,on compiled by Colin Plumridge and Darren Glover. Both gentlemen are deemed to be Competent Persons and are Members of The Australasian Ins,tute of Mining and Metallurgy. Mr Plumridge has over 45 years’ experience in the mineral and mining industry. Mr Plumridge is employed by Plumridge & Associates Pty. Ltd. and is a consul,ng geologist to the Company. Colin Plumridge has sufficient experience that is relevant to the style of mineraliza,on and type of deposit under considera,on and to the ac,vity being undertaken to qualify as a Competent Person as defined in the 2012 Edi,on of the ‘Australasian Code for Repor,ng of Explora,on Results, Mineral Resources and Ore Reserves’. Colin Plumridge has previously consented to the inclusion of the maaers based on his historic informa,on in the form and context in which it appears. Mr Glover is employed by Rimfire Pacific Mining and has 18 years’ experience in the mineral and mining industry. He has sufficient experience that is relevant to the style of mineraliza,on and type of deposit under considera,on and to the ac,vity being undertaken to qualify as a Competent Person as defined in the 2012 Edi,on of the ‘Australasian Code for Repor,ng of Explora,on Results, Mineral Resources and Ore Reserves’. Mr Glover consents to the inclusion in the report of the maaers based on his informa,on in the form and context in which it appears.

 JORC 2012 Compliance: All informa,on provided in this presenta,on has been formally released to the ASX in compliance with JORC requirements. The most recent document released to the ASX provides details and hyperlinks relevant to all informa,on provided in this presenta,on and can be accessed on the Company Website at hyperlink: ASX Announcements. The company confirms that it is not aware of any new informa,on or data that materially affects the informa,on included in the original market announcement(s).

Shares on Issue 688M Ordinary FP • Placement and SPP 76M shares at 4.3 cents, Sept 2013, $3.3M gross, 12% diluIon • No opIons and No ConverIble Notes

Market Cap. Approx. $20.6M @3.0 cents

Share Price Movement

• 2012 High 9.3 cent (Oct), Low 2.5 cent • 2013 High 7.5 cent (Jan), Low 2.8 cent (Dec) • 2014 High 3.6 cent (Jan ), Low 1.5 cents (May)

Volume

• Last 6 months approx. 314,000 shares/day • Largest 1.8m shares/day

Shareholder Profile

• Management 9% • Top 20 Holders 33% • Top 100 Holders 63% (cut-‐off 1.35M shares) • 2,000 plus shareholders

Cash Status 30 June 2014

• $2.36m

3

Company Profile – 19th August

ASX:RIM Share Price Performance

  ExploraIon Sector major correcIon

  Liquidity and value decline   Gold and Silver Price decline 30%   RIM above average to indices over 4 yrs

  Post June 30 period price improvement

  Recent Price upswing – AcIviIes mader

  Turning Point, through the bodom?

Note: XKR is S&P/ASX 300 RESOURCES; XMR is S&P/ASX MIDCAP RESOURCES;

4

Fi 212 14m @ 24.4g/t Au And

26m @ 155g/t Ag Discovery Trench 31 9m @ 4.9g/t Au

First Percussion Drilling Results

Fi 160 14m @ 21.9g/t Au

Project Location – East Lachlan Fold Belt

Cadia Valley (Newcrest)

McPhillamy’s (REGIS)

Copper Hill (Golden Cross Resources)

North Parkes (China Mo Co.)

Brown’s Creek

Syerston (Ivanhoe)

20km

Orange

Wellington

Forbes

ToWenham

Lake Cowal

Project Location

Rimfire Pacific Mining NL

  6 ExploraIon Licenses,   ConIguous tenement package,

  313 square kms.

  210Ha freehold land,   Alluvial Gold 1880,   Alluvial PlaInum 1890,

  20,000Oz Pt historical producIon. 20km

Orange

Wellington

Forbes

ToWenham

Lake Cowal

Sorpresa Discovery

 George and son Noel Green,  Prospected base metals at “Original Sorpresa”

 Mined “Golden Green” (lej).

 Noel (above) passed away this year.

1946 – Golden Green Golden

Green South

Sorpresa Discovery

 8.84g/t Au rock chip at Original Sorpresa.

 Gold in Rock chip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.7km strike.

  Trenching reveals near surface high grade Gold (9m @ 4.9g/t Au).

  Drilling defines high grade Au / Ag mineralisaIon within 5 structurally controlled oxide to transiIon zone pods along the gold anomaly.

1 to 5 5 to 10 10 to 20 20 to 30 30 to 50 50 to 100 < 100ppb

Gold ppb

400m

1 to 5 5 to 10 10 to 20 20 to 30 30 to 50 50 to 100 > 100ppb

Gold ppb

Sorpresa Discovery (2007 – 2013)

400m

Roadside Ag / Au

Join Up

Old Sorpresa

Boundary Gate

Trench 31

400m Yellow Outline > 0.2g/t Au Red Outline > 0.5g/t Au

 8.84g/t Au rock chip at Original Sorpresa.

 Gold in Rock chip, Soil and Auger drilling defines a curvilinear anomaly > 20ppb Au over a 1.7km strike.

  Trenching reveals near surface high grade Gold (9m @ 4.9g/t Au).

  Drilling defines high grade Au / Ag mineralisaIon within 5 structurally controlled oxide to transiIon zone pods along the gold anomaly.

Roadside

Original Sorpresa

Boundary Gate & BGE

Trench 31

  16m @ 5.32g/t Au

  7m @ 4.24g/t Au

  14m @ 24.4g/t Au   21m @ 1.11g/t Au

  13m @ 1.59g/t Au

  30m @ 2.39g/t Au

  4m @ 21.9g/t Au

  24m @ 2.17g/t Au   1m @ 114g/t Au

  20m @ 2.14g/t Au

  6m @ 12.31g/t Au

  14m @ 21.9g/t Au

  9m @ 4.9g/t Au (trench)   16m @ 3.23g/t Au

Gold Silver (Roadside)   12m @ 394g/t Ag

  28m @ 119g/t Ag

  26m @ 155g/t Ag   20m @ 230g/t Ag

  10m @ 535g/t Ag (incl. 2m @ 2020g/t Ag)

  26m @ 90g/t Ag

  16m @ 175g/t Ag

1m @ 22.7g/t Au, 312g/t Ag

•  Two Australian Top 10 Greenfields Gold intersections (2012) •  Pathfinder Association (Ag, As, Sb, Pb, Zn) allows real time XRF recognition •  Oxide and Primary high grade mineralisation

10

Join-‐Up

Sorpresa – Significant Intersections

Sorpresa – What is it?

 Variably East dipping, gently folded, variably plunging mineralized plane;

 Comprised of quartz / sericite / muscovite / carbonate / pyrite altered, crackle brecciated and carbonate-‐sulphide-‐gold cemented, quartz veined meta-‐siltstone.

 Sulphide mineralisaIon hosIng gold and silver comprise:

Pyrite = arsenopyrite > sphalerite > galena >> tennan>te – tetrahedrite > chalcopyrite and na>ve gold.

 MineralisaIon is best developed below a rhyolite to rhyo-‐dacite porphyriIc sill complex, itself gently folded, and strongly altered.

 Healed Listric / thrust fault zone.

Fi 328 DDH 90m to 91m -‐ 1m @ 22.7g/t Au, 312g/t Ag

Sorpresa – What is it?

 NaIve Gold formed as ~2 – 50um grains, moderately high fineness (i.e. Au > Ag)

 Most Gold occurs as inclusions in Sphalerite with some in Pyrite and Galena.

 Silver occurs in Galena and TennanIte – Tedrahedrite.

 Later deformaIon remobilised some base-‐metals and naIve gold.

 MineralisaIon has a low temperature of formaIon indicaIng an Epithermal Seqng.

Carbonate Base Metal Epithermal Au/Ag,

 Possibly related to Siluro-‐Devonian Volcanism… (Mineral Hill / Mt Boppy)

 PotenIally hosted in Cambro-‐Ordovician metasediments + mafic volcanics and ultramafic intrusives, themselves potenIal hosts to:

 Tridon / Besshi style VMS mineralisaIon.

Gold in Sphalerite

Gold in Pyrite

Remobilized Gold

1.5km

(a) Sorpresa Gold Long Secbon

(b) Sorpresa Silver Long Secbon

SOUTH NORTH

13

Sorpresa Current RC Drill Program

1.5km



SOUTH NORTH

14


 Recently completed 22 hole for 4,687m RC program.  Understand and extend the down dip and down plunge posiIon at Roadside North  Determine the relaIonship of Roadside and Original Sorpresa.  Expand the high grade gold posiIon at BGE.

 Concurrent & On going 10 hole Shallow RC program (7 holes for 562m completed),  Explore and extend near surface oxide mineralisaIon south of Boundary Gate  Program currently underway, results awaited.


August, 2014 Rimfire Pacific Mining 15

400m

Fi0328: 7m @ 4.24 Incl: 1m @ 22.7/312

And 20m @ 98 Incl: 1m @ 631

Fi0366: 21m @ 1.11 Incl: 12m @ 1.8/22

Fi0244: 10m @ 0.59 and 34m @ 58

Incl: 4m @ 219 and Incl: 2m @ 135

Fi0389: 8m @ 0.64/177 EOH 2m @ 0.22/514

Fi0394: 26m @ 0.37/90 Incl: 2m @ 1.75/306 Incl: 1m @ 2.8/439 Incl: 3m @ 0.42/327

Fi0315: 2m @ 1.11 And 28m @ 55 Incl: 4m @ 159

Fi0322: 12m @ 0.19 And 14m @ 55 Incl: 2m @ 129

Fi0212: 14m @ 24.4 Incl: 2m @ 118 And 26m @ 155 Incl: 4m @ 592

Fi0392: 6m @ 0.25/94 Incl: 3m @ 127

Fi0390: 34m @ 0.17/55 Incl: 1m @ 1.65/387 and

Incl: 5m @ 118 Fi0395: 10m @ 0.47/84 Incl: 2m @ 1.28/272 and 5m @ 0.10/105 Incl:

1m @ 267

Roadside and Roadside North Implicit Model Long Secbon looking west illustrabng Gold and Silver mineralisabon . (Implicit Model is an interpre,ve explora,on model imaging Gold: yellow >0.2 g/t Au, red >0.5 g/t Au, purple >1g/t Au, and Silver: Light Grey >30g/t Au, Dark grey >60 g/t Ag. Grey labels refer to previously released material please refer to Table 1: Dates and Hyperlinks for previously referred to results in this report

Note: Black text refers to Gold g/t result Blue text refers to Silver g/t result

Fi0221: 8m @ 0.34 and 10m @ 0.67 and 12m @ 394

Incl: 2m @ 932 and Incl: 2m @ 580

Fi0320: 10m @ 0.53 And 16m @ 245

Incl: 2m @ 211 and Incl: 2m @ 525

And 4m @ 115

100m Intersec>on Highlights prior current drill program

400m

Fi0328: 7m @ 4.24 Incl: 1m @ 22.7/312

And 20m @ 98 Incl: 1m @ 631

Fi0389: 8m @ 0.64/177 EOH 2m @ 0.22/514

Fi0394: 26m @ 0.37/90 Incl: 2m @ 1.75/306 Incl: 1m @ 2.8/439 Incl: 3m @ 0.42/327

Fi0212: 14m @ 24.4 Incl: 2m @ 118 And 26m @ 155 Incl: 4m @ 592

Fi0407: 13m @ 0.35/44 incl: 3m @ 1.01/63.1

& 9m @ 0.18/77

incl: 1m @ 0.46/399

Fi0408: 7m @ 0.33/18

Fi0409: 8m @ 0.29/99 incl: 2m @ 0.06/194

Fi0411: 37m @ 0.4g/t Au incl: 1m @ 1.02g/t Au incl: 1m @ 1.54g/t Au incl: 1m @ 1.92g/t Au

Fi0410: 12m @ 0.32/29 incl: 1m @ 0.98/161

Fi0412: 20m @ 0.33g/t Au Fi0412: 9m @ 0.2g/t Au

Fi0413: 13m @ 0.61/104 incl: 5m @ 1.3/220 incl: 1m @ 3.2/764

& Fi0413: 7m @ 2.17/70 incl: 1m @ 10.8/71.6

Fi0244: 10m @ 0.59 and 34m @ 58

Incl: 4m @ 219 and Incl: 2m @ 135

Roadside and Roadside North Implicit Model Long Secbon looking west illustrabng Gold and Silver mineralisabon . (Implicit Model is an interpre,ve explora,on model imaging Gold: yellow >0.2 g/t Au, red >0.5 g/t Au, purple >1g/t Au, and Silver: Light Grey >30g/t Au, Dark grey >60 g/t Ag. Grey labels refer to previously released material please refer to Table 1: Dates and Hyperlinks for previously referred to results in this report. Yellow labels refer to new results.


Fi0322: 12m @ 0.19 And 14m @ 55 Incl: 2m @ 129

Fi0221: 8m @ 0.34 and 10m @ 0.67 and 12m @ 394

Incl: 2m @ 932 and Incl: 2m @ 580

Fi0320: 10m @ 0.53 And 16m @ 245

Incl: 2m @ 211 and Incl: 2m @ 525

And 4m @ 115

100m

400m

Fi0407: 13m @ 0.35/44 incl: 3m @ 1.01/63.1

& 9m @ 0.18/77

incl: 1m @ 0.46/399

Fi0408: 7m @ 0.33/18

Fi0409: 8m @ 0.29/99 incl: 2m @ 0.06/194

Fi0411: 37m @ 0.4g/t Au incl: 1m @ 1.02g/t Au incl: 1m @ 1.54g/t Au incl: 1m @ 1.92g/t Au

Fi0410: 12m @ 0.32/29 incl: 1m @ 0.98/161

Fi0412: 20m @ 0.33g/t Au Fi0412: 9m @ 0.2g/t Au

Fi0413: 13m @ 0.61/104 incl: 5m @ 1.3/220 incl: 1m @ 3.2/764

& Fi0413: 7m @ 2.17/70 incl: 1m @ 10.8/71.6

Interpreted Gold and Silver Mineralized

Envelope


100m


1.5km



SOUTH NORTH

19


Interpreted Gold and Silver Mineralized Envelope

>15g/t Ag

>30g/t Ag

>60g/t Ag


SOUTH NORTH

20


Fi0415: 21m @ 0.53g/t Au From 44m incl: 2m @ 2.67g/t Au From 46m incl: 1m @ 2.01g/t Au From 55m

Fi0417: 9m @ 1.21g/t Au From 149m incl: 1m @ 6.38g/t Au & 32 g/t Ag

From 150m

Fi0424: 10m @ 0.32g/t Au & 79 g/t Ag From 55m incl: 3m @ 0.58g/t Au & 153 g/t Ag From 61m

& 12m @ 0.97g/t Au From 98m

incl: 5m @ 1.91g/t Au & 13 g/t Ag From 104m

Fi0416: 3m @ 0.13g/t Au & 58 g/t Ag From 111m

incl: 1m @ 0.23g/t Au & 134 g/t Ag From 112m, And

7m @ 0.79g/t Au From 135m

Highlight Intersec>ons


  Roadside North and Roadside are con>nuous and Silver Dominate  The current drilling has revealed mulI million Oz Silver potenIal & Gold Credits  Current Mineralized Envelope ~ 400m x 400m, open down dip.  Southern strike closed off, Northern strike impinging on Fifield Township.  Independent Resource Consultants engaged.

 Maiden Resource at Roadside Ag (Au)  Gold and Silver Oxide Resource potenIal across Sorpresa

  Limits defined at the Join-‐Up target to a high grade oxide pod.

  BGE final results awaited however,   “Easy Win” narrow high grade gold target is far more complicated.   Western up dip and southern strike (I.P. chargeability) targets remain.

 Focus now moving to the Highest Grade and largest oxide occurrence at Trench 31.

  Explora>on for Extensions and repeat lodes is ongoing:

Sorpresa Results


Sorpresa – Regional Extensions

Roadside

Boundary Gate

Trench 31

Boundary Gate East

 Excellent correlaIon of MineralisaIon to Gravity

 Basement topographic highs produced from quartzite host rocks.

1st VerIcal DerivaIve Gravity Image

Implicit Model is an interpre,ve explora,on model imaging Au > 0.2g/t


Roadside

Trench 31



 Regional ExploraIon tool locaIng potenIal extensions and repeats under shallow cover.

1st VerIcal DerivaIve Gravity Image


24

Roadside Ag / Au

Join Up Original Sorpresa

Boundary Gate

Trench 31

Boundary Gate East (BGE)

I.P. Chargeability Anomaly (24Mv/v at -‐350m)


1m @ 114g/t Au




 Regional ExploraIon tool locaIng potenIal extensions and repeats under shallow cover.

 I.P. chargeability

Sorpresa was the first ….. but is it the BEST?  Intensive Review of all occurrences, workings and prospects.  Assignment of a dedicated Regional ExploraIon team.

 Re-‐processing of all geophysical data sets (IP, Mag, Grav, EM) + New AcquisiIon

 Stand alone targets and potenIal oxide satellites with 6km of Sorpresa.

High Quality Prospect Porgolio of 25 targets generated and ranked,

Conceptual – Grassroots – Greenfields – Walk Up Drill – Mul>ple Deposit Styles

 Significant exploraIon uIlizing prospecIng reconnaissance mapping, rock chip & soil sampling, Auger, RAB and RC drilling completed and on going.

•  New discoveries and delineaIon of 3 separate “Sorpresa Scale” targets,

•  Yoe’s Lookout, Eclipse Trend and Carlisle

•  High grade gold RC intersecIons,

“Countercyclical Explora>on Strategy is delivering”

Regional Exploration

25

Prospect Pipeline – Feb 2014

WaW’s Lane, Sorpresa North, Fifield Lead Jack’s Lookout, Southern Gravity, Glen Iris Raggot Volcanics, MagneIc Targets

Conceptual Targets

Geochemical Anomalies

High Grade Intersecbons

Advanced Projects

Yoe’s Lookout, Roseneath, Quartzite Hill, Eclipse Trend,

Twin Shahs, Golden Green, Rabbit Hill, Rabber’s Lookout, Red Mist, Golden Chrome

Trench 31, Old Sorpresa, Join-‐Up, Boundary Gate, BGE

Roadside Au Roadside Ag

Derriwong

Mt,

Murga

Plabna Lead,

Gillenbine,

Avondale, Kars

Gold, Silver, Base Metals

Advanced

Emerging

SORP

RESA

RE

GIONAL



6km


Golden Green •  31 Undrilled Gold workings •  500m long Auger Gold

anomaly >20ppb Au, open •  8.21 and 4.1g/t Au rock chips

Rabbit Hill RAB 16m @ 0.32g/t Au 17m @ 0.23g/t Au

Golden Green South RC: •  2m @ 12.42g/t Au,

Incl. 1m @ 23.6g/t Au •  2m @ 2.32g/t Au and •  11m @ 1.17g/t Au Incl. 3m @ 3.79g/t Au

Twin Shals RC: 2m @ 9.66g/t Au, incl. 1m @ 15.95g/t Au


Airborne Magnebc / Radiometric Survey Area














Carlisle Rock chips results 23g/t, 13.75/t, 13.7g/t,

12.55g/t, 9.6g/t, 7.29g/t Au,



Yoe’s Lookout •  1.4km long Auger gold anomaly, open •  3.4g/t Au, 2.1g/t Au, 2.3g/t Au rock

chips •  Au As Se Te associa>on •  Calcic Skarn and Magne>c Anomaly •  Auger drilling results awaited

Eclipse North •  18.7g/t Au rock chip •  Epithermal Gold targets •  Gossan float (anomalous

Au,Cu,Ag,Pb,Zn,Ba) mapped exhala>ve horizon

•  1.2km long Auger gold anomaly, open

•  Auger drilling underway Roseneath •  Sorpresa stra>graphy •  3.7g/t Au, 1.7g/t Au rock chips

in quartz veins •  Mul>ple open auger anomalies




Carlisle Rock chips results 23g/t, 13.75/t, 13.7g/t,

12.55g/t, 9.6g/t, 7.29g/t Au,



Eurimbla •  Gossanous rock chips up

to 8.3g/t Ag, 0.38% Cu, 0.63% Co, 0.92% Pb & 0.29% Zn along >500m trend.

•  Base-‐metal soil anomaly – open.

•  Magne>c anomalies.

Glen Iris •  Rock chip highlights •  5.97g/t Au, 0.35% Cu, 1.08% Co

Prospect Pipeline – August 2014

Sorpresa North, Fifield Lead, Jack’s Lookout, Southern Gravity, Quades IP Raggot Volcanics, Ebenezer EM Targets, Yarrabandi Road

Conceptual Targets

Geochemical Anomalies

High Grade Intersecbons

Advanced Projects

Yoe’s Lookout, Roseneath, Eclipse Trend, Carlisle, Golden Green, Quartzite Hill, WaW’s Lane, Eurimbla, Glen Iris Pt -‐ Gillenbine, Red Mist, Golden Chrome

Trench 31, GGS, Twin Shahs

Boundary Gate, BGE, Join-‐up

ROADSIDE

Derriwong

Mt,

Murga

Plabna Lead,

Gillenbine,

Avondale, Kars

Gold, Silver, Base Metals

Advanced

Emerging

Carlisle, Eurimbla, Quades IP, Yarrabandi Rd, Deep South,

Ebenezer EM Targets

Carlisle, Eurimbla, Glen Iris, Wass Lane & Pla>na-‐Gillenbine

On hold Old Sorpresa

IN

On hold

Deep South

UP

On hold Rabbit Hill

Rabber’s Lookout

UP GGS, Twin Shals

Resource Definibon


UP

Highlights

 New discovery in the “Fifield Central Gold Corridor” in the last 2 months.

 Two target styles: 1. Outcropping quartz-‐pyrite-‐arsenopyrite stockwork veined shear zones.

Structurally controlled, sediment hosted, orogenic gold target (e.g. Fosterville gold mine, Victoria & Tomingly Gold Mine, NSW).

2. Diffuse bulls-‐eye magneIc high anomaly with peripheral QMH alteraIon, pyriIsaIon & trace naIve Cu – a conceptual ‘Besshi’ style VHMS Cu-‐Au target (e.g. Tridon, NSW).

 23.0g/t Au, 13.75g/t Au, 13.7g/t Au, 12.55g/t Au, 9.06g/t Au, 7.55g/t Au, 7.29g/t Au, 7.02g/t Au

 Up to 0.16% Cu and out-‐cropping na>ve Cu.  Soil sampling completed, results awaited.

 MagneIcs / radiometrics, 3D modeling completed.

High grade outcrops, now linking to very compelling

3D Magne>c Models

Regional Exploration – Carlisle Prospect


Carlisle 6.8km SW

Carlisle Target 1 13.7g/t Au Rock Chip

Outcrop -‐Looking South


•  85m x 40m “basement window” •  85% of rock chip samples returned results > 1g/t, and 20% > 10g/t Au •  Up to 23g/t Au.

Carlisle Target 2 “Blind” magne>c target

12.55g/t Au

23g/t Au

RTP 1VD Aeromagne>c

Image

Roseneath Gold Prospect •  3.7g/t Au & 1.7g/t rock chips •  Cu up to 1,130ppm & Mo up

to 82ppm. •  Auger Au anomalies -‐ open. •  Undrilled

Carlisle Gold Prospect •  23.0g/t Au, 13.75g/t Au,

13.7g/t Au, 12.55g/t Au, 9.06g/t Au, 7.55g/t Au, 7.29g/t Au & 7.02g/t Au rock chips from outcrop, float & rock piles.

•  Up to 0.16% Cu. •  Undrilled

Regional •  0.21g/t Au rock chip

Roseneath Intrusive

Waas Lane Intrusive

Carlisle Intrusive 2

Carlisle Gold Prospect •  1.14g/t Au float rock chip

Fer>le (Au rich) NE-‐SW trending structural corridor – ‘Fifield Central Gold Corridor’ •  New discovery. •  Minor explora>on,

including no drilling.

Carlisle Copper-‐Gold Magne>c High Target

•  3D Inversion Model Completed.

•  Undrilled.

Ordovician Girilambone Group Meta Sediments

Rii Basin Sequence of

Unknown Age?

Carlisle Intrusive Complex 1

Wass Lane: •  0.33% Cu •  47ppm Mo •  0.24% Ba

Wass Lane: •  Sulphide Occurrence •  High K calc alkaline,

Feldspar Porphyry float.

Devonian Sedimentary Cover Sequence

(basal conglomerate unit)

>4.5km Au Trend

Goldenchrome Gold Prospect •  1.2g/t Au rock chip sample


1km

A’

A

Target 2: Carlisle Copper – Gold

Magne>c High Anomaly

•  Undrilled.

Ordovician Girilambone Group Meta Sediments

Devonian Sedimentary Cover

(Basal Conglomerate Unit).

Conglomerate Cover (<50m thick?)

Rii Basin Rocks of Unknown Age?

•  Banded silica -‐ hema>te – magné>te –limonite/pyrite jasper outcrop with trace Na>ve Cu.

•  Up to 1.1g/t Au in quartzite rock chip float.

Outcropping Ironstone

Target 1: •  23.0g/t Au •  13.75g/t Au •  13.7g/t Au •  12.55g/t Au •  9.06g/t Au •  7.55g/t Au •  7.29g/t Au •  7.02g/t Au •  Copper up to 0.16%

•  Undrilled

Interpreted Syncline

400m


A’ A

Magne>c High Anomaly in hanging wall of

regional thrust fault.

Highlights

 Zoned Polymetallic Low Sulphida>on Epithermal System, within hydrothermally altered, quartz – feldspar porphyry sub-‐volcanic intrusive centre.

 Defined over >1.2km x 0.6kms open and undrilled.

 Extensive low sulphidaIon epithermal quartz-‐chalcedony-‐carbonate-‐barite-‐sulphide vein & gossanous breccia float.

 High Grade gold up to 18.7g/t Au in gossanous epithermal veins, plus 2.4g/t Au, 32g/t Ag and 0.62% Cu, 0.78% Pb. Boiling textures observed.

 Three potenIal drill targets emerging:  (1) Ag-‐Pb-‐Zn-‐Cu-‐Au-‐Co-‐Ba rich breccia & semi-‐massive sulphide – NW magneIc target.

 (2) Au-‐Cu-‐Ag-‐Bi rich banded epithermal veins & breccia’s

 (3) Au-‐As-‐Zn rich banded epithermal veins & breccia’s

Regional Exploration – Eclipse Prospect


Eclipse 3.5km East

38

Target 1  Discrete Ag-‐Pb-‐Zn-‐Cu-‐Au-‐Co-‐Ba rich breccia & semi-‐massive sulphide – NW magneIc target.

 >900m long silver-‐lead auger anomaly.

 Anomalous precious & base-‐metals in gossanous rock chips (up to 32g/t Ag, 0.62% Cu, 0.78% Pb & 0.23% Zn).

 Thumbprint magneIc high anomaly.

 Possible fold hinge  Semi-‐coincident Ishihara AlteraIon Index (AI) and Elura Index.

 Interpreted as breccia style or semi –massive sulphide target.

Silver (ppm) in Auger

Silver (ppm) in Rock Chips

>900m Strike

100m

Silver in Auger Anomaly

(>480ppb Ag Contour)

32g/t Ag, 0.15% Cu & 0.40% Pb

21g/t Ag, 0.12% Cu & 0.20% Pb

0.62% Cu, 5g/t Ag & 0.11% Co

0.60% Cu & 0.21% Co

0.59% Cu, 0.22% Pb & 0.10% Co

0.55% Cu, 7g/t Ag, 0.78% Pb & 0.21% Zn

0.52% Cu, 7g/t Ag & 0.16% Co.

0.36% Cu & 0.17% Co.

0.36% Cu & 0.14% Co.

0.47% Cu 0.14% Zn & 0.10% Co.

TARGET 1

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Ag + base metal rock chips

•  32g/t Ag •  0.62% Cu •  0.78% Pb •  0.23% Zn

TARGET 1

TARGET 2

TARGET 3

Target 2

 >800m long Au-‐Cu-‐(±Bi-‐Ag-‐Ba) auger anomaly (>20ppb Au, up to 550ppb Au & 1,650ppm Cu).

  Up to 18.7g/t Au in rock chips.

 Interpreted as a Au-‐Cu rich epithermal lode.

 Open to the south.

“Boiling Texture” 4.6g/t Ag, 640ppm Cu & 0.92% Pb

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Ag + base metal rock chips

•  32g/t Ag •  0.62% Cu •  0.78% Pb •  0.23% Zn

TARGET 1

TARGET 2

TARGET 3

Target 2

 >800m long Au-‐Cu-‐(±Bi-‐Ag-‐Ba) auger anomaly (>20ppb Au, up to 550ppb Au & 1,650ppm Cu).

  Up to 18.7g/t Au in rock chips.

 Interpreted as a Au-‐Cu rich epithermal lode.

 Open to the south.

Target 3

 Linear 400m long Au – As ± Zn auger anomalies.

 Interpreted as Au-‐As-‐Zn rich epithermal vein structures.

 Open in mulIple direcIons.

Two robust emerging targets:  Target 1: Structurally controlled, sediment (BIF) / greenstone hosted, orogenic gold target.

 >1.4km long, coherent gold in auger (>20ppb Au, up to 1.62g/t Au) anomaly -‐ open to the south,

 Up to 3.4g/t, 2.3g/t Au rock chips.

 Quartz-‐pyrite stockwork veining in banded silica -‐ magneIte -‐ hemaIte -‐ pyrite quartzite / low grade BIF horizons.

 Single RC drill traverse returned 9m @ 0.52g/t Au, Incl. 2m @ 1.6g/t Au.

Regional Exploration – Yoe’s Lookout


100m

Au (ppb) in Auger

Rock Chip

>20ppb Au Contour

RC Drill Hole

>1.4km Strike

Yoe’s Lookout 6km East

Two robust emerging targets:

 Target 2: Possible ‘blind’ Skarn / Porphyry Cu-‐Au target or ‘blind’ BIF hosted orogenic gold target

 Linear magneIc high anomaly (800m x 200m), associated with up to 200m wide zone of pervasive silica alteraIon,

 Peripheral skarn float with sulphide -‐ magneIte. Peripheral tonalite intrusive float.

 Up to 59ppb Au & 0.13% Cu in auger.

 MagneIc Inversion modelling completed:



100m

Au (ppb) in Auger

Rock Chip

>20ppb Au Contour

RC Drill Hole

>1.4km Strike

Yoe’s Lookout 6km East

Target 2

A’ A



A’ A

Looking North

Regional Exploration – Current Auger

44

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Au (ppb) in Auger

Golden Green

Golden Green South

Glen Iris

Jacks Lookout

Plabna Lead

Plabna Gillenbine

WaW’s Lane

Carlisle 1km

Twin Shahs

  Fifield District – The Right Address for Discoveries   Crustal Scale Structural IntersecIons,

  MulI-‐commodity (Gold, Silver, PlaInum and Base Metal),

 MulIple Deposit styles,

  Large Scale MineralizaIon Footprint 6km radius of Sorpresa,

  Totally Under Explored -‐ High Grades at Grass Roots   Outcropping gossans and high grade gold rock chips,

  SystemaIc and staged exploraIon on mulIple fronts is delivering results.

 Countercyclical Explorabon Strategy – achieving more for less – Stand Out.

  Game Changers Abound …

 Sorpresa Maiden Resource – Gold and Silver,

  Regional Prospect Pipeline growth in Gold and Base Metal, “high order anomalies”

 Drill Ready & Robust prospect pipleline,

 JV opportuniIes?

FIR1380 – 23g/t Au

Why Rimfire…

Rimfire Pacific Mining 45

THANK YOU

46

FIFIELD HOTEL

www.rimfire.com.au

Darren Glover - RimFire Pacific Mining - Update on the Sorpresa Gold and Silver Project – Fifield...

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Transcript of Darren Glover - RimFire Pacific Mining - Update on the Sorpresa Gold and Silver Project – Fifield...