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Why Rimfire Is Betting Big on Scandium by Selling Cowal Project Option
1:49am on Monday 2nd of June, 2025 AEST
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Mining
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Why Rimfire Is Betting Big on Scandium by Selling Cowal Project Option
1:49am on Monday 2nd of June, 2025 AEST
Key Points
Option to Purchase Agreement signed with Copper Search for Cowal Project
Potential $700K in milestone payments, payable in cash or shares
Focus shifts to scandium development in Fifield District
Transaction contingent on Sandfire Resources waiving right of first refusal
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