Rimfire Pacific Mining (ASX: RIM) shares that its initial drill assay results have confirmed exceptional high-grade cobalt sulphide mineralization, coupled with robust copper anomalism, in the first diamond drill hole completed at its 100% owned Bald Hill Cobalt Copper Prospect. This is part of its ambitious 5-hole step-out diamond drilling program, significantly expanding the known sulphide-hosted mineralized footprint. The Bald Hill cobalt-copper prospect now covers a substantial 500m by 200m area.
Assays from hole FI2612 have revealed that Bald Hill boasts some of the most impressive cobalt grades in the entire Broken Hill district. Moreover, the presence of copper in these results underscores the tremendous potential for significant copper mineralization at Bald Hill. The program is eagerly awaiting assay results from the remaining four holes, all of which have visually similar sulphide mineralization to hole FI2612, with similar tenor results widely anticipated.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.