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      Inmet Signs Farm-In Agreement on Rimfire's Barmedman Project,
      Australia
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PR09-02

Vancouver, BC -- January 26, 2009: (All figures in Australian
dollars)Rimfire Minerals Corporation, TSX-V:RFM, is pleased to report
that Inmet Mining Corporation has signed a Farm-in agreement on the
Barmedman Property, in New South Wales, Australia. Under the terms of
the agreement, Inmet can earn a 60% interest by funding at least $5
million in exploration on the property over four years, including
$400,000 in the first year. Inmet will make staged cash payments
totalling $250,000 over the earn-in period, including $50,000 upon
signing of the agreement. The Barmedman deal marks the second option
agreement between Rimfire Minerals Corporation and Inmet Mining.

The Barmedman Property is located in a corridor within the Lachlan Fold
Belt characterized by regionally-extensive alteration and clusters of
both copper-gold porphyry and high sulfidation occurrences and
deposits. Within this corridor Rimfire has identified a 0.5 km by 2.4
km Induced Polarization (IP) chargeability anomaly coincident with a
copper-gold Mobile Metal Ion (MMI) geochemical anomaly. This IP anomaly
occurs in an area of no outcrop and deep overburden cover and has not
been tested by previous drilling. Rimfire and Inmet are planning to
conduct diamond drilling to determine whether the IP chargeability
anomaly reflects buried copper-gold mineralization. A preliminary
diamond drilling program consisting of 1200 metres of drilling in four
holes is planned for March-April of 2009. In addition, further
geochemical techniques, such as MMI geochemical surveys are being
contemplated to investigate the entire 388 km2 property.

The Barmedman Property was one of nine exploration licenses acquired in
2007 based on targets identified in a Neural Network study conducted
within a 120,000 km2 area of interest in New South Wales, Australia.
Rimfire completed IP geophysical surveys and MMI geochemical surveys
over the core of the Barmedman Neural Network target in 2008. Recent
drilling adjacent to the Barmedman tenement by Goldminco Corporation
has identified numerous porphyry copper-gold prospects. Management
believes that these discoveries attest to the mineral endowment of the
belt and the potential for similar mineralization on the Barmedman
Property held by Rimfire.


Walmer Property, Australia Update
Rimfire Minerals Corporation has completed its 2008 diamond drill
program which tested the Trounce target on the Walmer property located
in New South Wales Australia. The Trounce prospect is a small
outcropping of silicified sediments with quartz -- pyrite veining and
stockwork. Two of seven grab samples from the showing returned gold
values of 2.4 and 3.6 g/t gold and the remaining five assayed from 0.21
to 0.61 g/t gold. Based on the grab sample results and the ability for
a low cost diamond drill program due to accessibility, Rimfire felt it
would be practical to drill the prospect in order to determine
sub-surface geology and prospect potential. The drilling program
consisted of 286.6 metres of drilling which returned no significant
results and no future work is planned at Trounce.
 

About Rimfire
Rimfire Minerals Corporation is an aggressive, well-financed mineral
exploration company with a portfolio of highly prospective gold and
copper properties in western North America and Australia. Rimfire
currently has in excess of two years of operating capital, and finances
approximately 80% of its exploration through option and joint venture
agreements. Current and former partners include AngloGold Ashanti
Limited, Barrick Gold Corporation, Newmont Mining Company, Inmet Mining
Corporation, Northgate Minerals Corporation, Fronteer Development Group
Inc., Rubicon Minerals Corporation, American Creek Resources Ltd.,
Island Arc Exploration Corporation, Jaguar Minerals Limited and BWG.

On behalf of Rimfire Minerals Corporation

"Jason Weber"

Jason Weber, P.Geo., President & CEO

CAUTIONARY STATEMENT:  No stock exchange, securities commission or
other regulatory authority has approved or disapproved the information
contained herein.  This News Release includes certain "forward-looking
statements".  Other than statements of historical fact, all statements
included in this release, including, without limitation, statements
regarding future plans and objectives of Rimfire Minerals Corporation,
are forward-looking statements that involve various risks and
uncertainties.  There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements.  Important
factors that could cause actual results to differ materially from
Rimfire's expectations are the risks detailed herein and from time to
time in the filings made by Rimfire Minerals Corporation with
securities regulators.  Those filings can be found on the Internet at
http://www.sedar.com and
http://www.sec.gov/edgar/searchedgar/companysearch.html.

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Copyright (c) 2009 RIMFIRE MINERALS CORPORATION (RFM)  All rights
reserved.  For more information visit our website at
http://www.rimfire.ca/ or send mailto:info@rimfire.ca
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