Rimfire Pacific Mining (RIM) Q1 2027 TU earnings summary

Executive summary

• September 2026 quarter focused on advancing the scandium portfolio, including Murga atmospheric-leach testing, Malamute growth plans and acquisition of the Bogan River exploration project.

• Strategic priorities include building a critical mass of scandium resources in the Fifield district and advancing low-iron processing studies toward a desktop financial assessment.

Financial highlights

• Quarter-end cash was $1.721m, including $120k received in advance from directors for Tranche 2; separate Fifield and Avondale earn-in balances totalled $70k.

• Net operating cash outflow was $356k and investing cash outflow was $222k; financing provided a net $1.716m, including $1.714m from equity issuance.

• Cash payments to related parties were $212k, covering salary, statutory superannuation and non-executive director fees.

Outlook and guidance

• Murga column-leach results were expected by early November 2026, tank-leach results by late November, and a further bottle-roll update by early December.

• Approximately 2,500m of air-core drilling is planned at Murga, subject to regulatory approval; around 2,500m across 50 holes is planned at Malamute after approval and harvest, around January 2027.

• Bogan River work is to begin with data compilation, target generation and geophysical modelling after licence grant; landholder engagement is planned to facilitate access.