Valley Project - 100% owned
The Valley Project is located 5km west of Kincora Copper’s Mordialloc porphyry copper gold discovery (KCC.ASX) in the highly prospective Lachlan Fold Belt of central west NSW. Drilling conducted by Rimfire in 2021 at the Valley confirmed the prospectivity of the area which features Volcanic geology similar the host rocks at the world-class Northparkes deposit.
Northparkes commenced production in 1994 and currently produces circa 60,000t of copper and 50,000oz of gold per annum.
Rimfire is drill testing a high-priority copper (+gold) target at the Valley which may be indicative of a buried porphyry copper gold system.