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Re: News Archive - Monday, November 26, 2007
Tide Drilling Completed
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PR07-27
Vancouver, BC -- November 26, 2007: David Caulfield, President and CEO
of Rimfire Minerals Corporation ("Rimfire") reports that the 2007
drilling program at the Tide Property has been completed. This program
consisted of
Diamond drilling at the 36 Zone and nearby North Pit and
Riptide zones, surface channel sampling, and detailed geological
mapping. The 2007 program was funded by American Creek Resources Ltd.,
under an option agreement to earn a 60% interest in the Tide Property.
Eight
Diamond drill holes, totalling 1835 metres, were completed during
the program. Five holes were drilled to test the 36 Zone, where a 2004
discovery drill hole intersected 1.0 g/t gold over 129 metres. One hole
was drilled at each of the North Pit and Riptide Zones, as well as one
to investigate the area between the two zones. A plan map of the
Diamond drill hole locations can be found at Rimfire's website
(http://www.rimfire.bc.ca/s/Tide.asp).
Crews completed 318 metres of surface channel sampling (121 samples)
and detailed geological mapping on selected drill sections and between
drill holes to sample east-west trending quartz-pyrite-arsenopyrite
mineralized fractures that are the dominant gold-bearing host. Similar,
although less extensive sampling in 2006 showed a correlation between
fracture density and gold grades. The additional data collected this
year will better define spatial trends of higher fracture density to be
used for drill targeting in 2008. Analytical results from drilling and
surface work are expected by January.
The results contained in this news release have been reviewed by Mark
Baknes, M.Sc., P.Geo., Vice President Exploration, a Qualified Person
under National Instrument 43-101.
About Rimfire
Rimfire Minerals Corporation is an aggressive, well-financed mineral
exploration company with a portfolio of highly prospective gold and
silver properties in western North America. Current and former partners
include AngloGold Ashanti Limited, Barrick Gold Corporation, Newmont
Mining Company, Northgate Minerals Corporation, Fronteer Development
Group, Rubicon Minerals Corporation, Cangold Limited, American Creek
Resources Ltd., Island Arc Exploration Corporation, Arcus Development
Group Inc. and BWG.
On behalf of Rimfire Minerals Corporation
"David A. Caulfield"
David A. Caulfield, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
TSX-V:RFM
Suite 700 - 700 West Pender St.
Vancouver, B.C. Canada V6C 1G8
T: (604)669-6660 F: (604)669-0898
E-mail: info@rimfire.bc.ca
Web Site: www.rimfireminerals.com
Contact: David Caulfield or Jason Weber
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Copyright (c) 2007 RIMFIRE MINERALS CORPORATION (RFM) All rights
reserved. For more information visit our website at
http://www.rimfire.bc.ca/ or send mailto:info@rimfire.bc.ca
Message sent on Wed Nov 28, 2007 at 9:48:16 AM Pacific Time
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