Melrose Leaching Test Work Generates up to 90% Scandium Recoveries

Highlights

Commenting on the announcement, Rimfire’s Managing Director Mr David Hutton said: “The results of the further sighter leach tests are highly encouraging and build on the previous test results.

Having demonstrated that we can recover up to 90.1% of the scandium into a “pregnant” solution by leaching Melrose mineralised material at atmospheric pressures, our attention is now turning to maximising the extraction of scandium from solution.

Rimfire is conducting a review of existing publicly available extraction technologies and has engaged highly experienced hydrometallugist Mr Boyd Willis as Process Consultant to guide this work.

Mr Willis’ engagement provides Rimfire with invaluable metallurgy capability to complement our highly experienced geological team. We feel that the latest metallurgical results together with recent drilling results from the Murga and Melrose Scandium Prospects, as well as the calibre of our technical team, reinforce Rimfire’s position as unique ASX exposure to scandium”.

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