Rimfire Pacific Mining (RIM) H2 2025 earnings summary

Executive summary

• Delivered maiden Mineral Resources for Melrose and Murga North scandium prospects and an Exploration Target for the broader Murga area, marking a significant step in scandium asset development.

• Resolved a major dispute with Earn-In partner Golden Plains Resources (GPR) through arbitration, resulting in reinstatement of GPR as partner and payment of $825,000 in costs.

• Acquired the Rabbit Trap Scandium Project and advanced the Broken Hill Base Metal Project with successful drilling and new lease acquisitions.

• Executed an Option to Purchase Agreement for the Cowal Copper Gold Project, potentially worth $700K if milestones are met.

Financial highlights

• Net loss for FY2025 was $5,249,116, a significant increase from $1,460,320 in FY2024, mainly due to higher legal and professional fees.

• Revenue and other income totaled $64,788 (FY2024: $10,962).

• Cash at bank as of 30 June 2025 was $947,092, with net assets of $17,815,940.

• Raised $3.5 million in July 2025 through a share placement.

• No dividends declared or paid.

Outlook and guidance

• Focus remains on advancing scandium projects at Fifield, Avondale, and Rabbit Trap, with maiden resource estimates and further drilling planned.

• Exploring commercial options for Broken Hill Base Metal Project, including potential partnerships or divestment.

• Ongoing efforts to generate shareholder value from non-core assets.