AUCKLAND: Rimfire Pacific Mining NL notified that the next phase of discovery activity for Southern Area will start imminently.
The Phase 2 drilling program in the Southern Area will focus on obtaining rock samples from below transported soil cover to test for anomalous geochemistry on a range of magnetic geophysical targets where there has been no prior drilling of the bedrock.
The program will also obtain magmatic and intrusive bedrock samples for whole rock geochemical analysis to make a robust assessment on characterisation of magma and similarity to Ordovician Macquarie Arc volcanism which hosts significant local deposits such as Cowal and Northparkes.
These samples will preferably have minimal overprinting from weathering events as these events cause changes to the rock chemistry which can have the potential to affect quality of results.
Craig Riley Managing Director and CEO said, “Rimfire is excited to commence the next phase of its discovery program with the Phase 2 Drilling Program building on the insights gained from the Phase 1 Drilling. The results of the Phase 2 Drilling Program are expected to be released after assaying and QAQC checks are complete towards the end of 2019 and in combination with Phase 1 results will support the planning of the Phase 3 Drilling Program in Q1 2020.”