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For personal use only ASX Announcement rimfire Quarterly Activities Report For the Quarter ended 30 September 2021 29th October 2021 HIGHLIGHTS • • • Rimfire continue to explore for high value copper , gold and cobalt discoveries within the highly prospective Lachlan Fold Belt and Broken Hill districts of New South Wales . Rimfire's new 100 % -owned Green View Cobalt Project at Broken Hill lies immediately along strike of Cobalt Blue's Railway Cobalt Deposit of 74Mt @ 704 ppm cobalt equivalent , for 43,700 tonnes of contained cobalt . Green View is an exciting opportunity to pursue a new cobalt project in an area of known geological potential . Cobalt is critical metal that will be required to support the world renewable energy transformation . • Approvals received for upcoming aircore drilling programs at the 100 % - owned Valley and Cowal projects targeting extensions to known copper and gold mineralisation . • • Rimfire's exploration partner - GPR continue to sole fund exploration work programs at Fifield and Avondale . Drilling at the Transit prospect ( Fifield ) during the June 2021 Quarter returned 86m @ 0.63g / t gold from Fi2080 including ; 9m @ 1.72g / t gold from 21 metres , and 4m @ 1.48g / t gold from 98 metres Drilling programs to commence next Quarter as NSW cross border COVID travel restrictions ease . • Appointment of Non - executive Director , David Hutton to the Board . Introduction Rimfire Pacific Mining ( ASX : RIM ) is an ASX - listed copper , gold , and cobalt - focused exploration company which is advancing a portfolio of projects in the highly prospective Lachlan Fold Belt and Broken Hill districts of New South Wales ( Figure 1 ) . Two of the projects are subject to farm in agreements , with Rimfire's exploration partner GPR earning up to a 50.1 % interest by spending $ 4.5M at Fifield ( which includes the Sorpresa Deposit ) and up to a 75 % interest by spending $ 7.5M at Avondale . in Rimfire Pacific Mining NL | ABN 59 006 911 744 | ASX : RIM Suite 142 , Level 1 , 1 Queens Road Melbourne VIC 3004 Phone +61 ( 0 ) 3 9620 5866 rimfire@rimfire.com.au rimfire.com.au