Rimfire Pacific Mining (RIM) Q2 2026 TU earnings summary

Executive summary

• Completed major scandium drilling at Murga (Fifield Earn-In) and Rabbit Trap, with initial assays showing broad scandium intercepts at Murga; remaining assays expected by mid-February 2026.

• Identified a new gold-antimony zone at Windy Ridge (Broken Hill), with historic drilling confirming significant mineralisation.

• Focus for March 2026 Quarter includes estimating a maiden scandium Mineral Resource for Murga and preparing for a metallurgical study.

Financial highlights

• Cash at 31 December 2025 was $1.5M, with Earn-In bank balances of $69K.

• Received $200K from the sale of the Cowal Project, split between cash and Altitude Minerals shares.

• Net cash used in operating activities for the quarter was $(461)K; net cash used in investing activities was $(243)K; net cash from financing activities was $515K.

• Estimated quarters of funding available is 1.92, with access to tradeable shares potentially extending this to 2 quarters.

Outlook and guidance

• Remaining Murga and Rabbit Trap assays expected by mid-February 2026; maiden Mineral Resource estimate for Murga anticipated by end of March 2026.

• Metallurgical study for Murga to be scoped and quoted, with completion targeted by end of March 2026.

• Commercial options for the Broken Hill Base Metal Project under consideration, including potential partnerships or divestment.