Mining Briefs: Rimfire, Alderan and more

MAKING Mining Briefs today: Rimfire sees nickel-cobalt potential; Alderan hits copper-moly; Magnetic confirms gold; more cash for Lucapa; no deals for BMG, Medusa; and Thalanga to restart.

Mining Briefs: Rimfire, Alderan and more Mining Briefs: Rimfire, Alderan and more Mining Briefs: Rimfire, Alderan and more Mining Briefs: Rimfire, Alderan and more Mining Briefs: Rimfire, Alderan and more

Rimfire Pacific Mining has re-assayed historical results from the Avondale prospect at its Fifield project in New South Wales, encountering nickel and cobalt mineralisation.

Historical results included 5m at 0.12% cobalt from 12m, and 11m at 1.46% nickel from 13m, with drilling to begin in the next few weeks.

Drilling at Alderan Resources’ Cactus mine in Utah had intersected further copper-gold-silver mineralisation and a new zone of copper and molybdenum-bearing quartz-magnetite veins indicative of a proximal copper-bearing porphyry intrusion.

Assays included 49m at 0.62% copper, 0.14 grams per tonne gold and 5.9gpt silver from 45m, including 12m at 1.37% copper, 0.28gpt gold and ...