Photo by: Rimfire
Name of the Project
Broken Hill cobalt project.
Location
New South Wales (NSW), Australia.
Project Owner/s
Rimfire Pacific Mining.
Project Description
The Broken Hill project aims to develop the Pyrite Hill, Big Hill and Railway cobaltiferous pyrite deposits.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Commissioning is expected in 2025.
Latest Developments
Rimfire Pacific has more than doubled the size of its Broken Hill cobalt project with the acquisition of two exploration licences from fellow-listed Castillo Copper.
The Castillo tenements are situated adjacent to and cover the same host rocks as Rimfire’s Bald Hill Cobalt prospect, where recent drilling returned 125 m at 0.13% cobalt from 198 m in FI2479, including 97 m at 0.15% cobalt.
“The new tenements are prospective for cobalt, copper and rare earth elements, and we look forward to getting on the ground as soon as possible to determine the priorities for exploration follow-up at Broken Hill while . . . advancing the development of our NSW scandium projects,” MD David Hutton has said.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Rimfire Pacific Mining, tel +61 3 9620 5866 or email rimfire@rimfire.com.au.