Rimfire Pacific Mining Limited has entered into an Option to Purchase Agreement with Copper Search Limited to divest its Cowal Copper Gold Project, a move that aligns with its strategic focus on building a critical mass of scandium in Australia’s Fifield District. The transaction, which could total up to US$700,000 in cash and shares if all milestones are met, is designed to streamline the company’s concentrate on scandium—a mineral of increasing importance given global supply concerns driven by recent export restrictions from China. Under the terms of the agreement, Copper Search, through its wholly owned subsidiary Altitude Gold Pty Ltd, has secured an exclusive six‐month due diligence period to evaluate the project, with the option to extend this period by up to three months for an additional fee. The deal’s financial structure includes an initial cash option fee of US$50,000, followed by subsequent payments of US$200,000 upon exercise and another US$200,000 contingent on the public announcement of a JORC Mineral Resource Estimate. Moreover, an extra US$250,000 becomes payable if production of 50,000 ounces of gold, or an equivalent value from another mineral, is achieved on the project tenements EL8329, EL8804, and EL9397. An assumption deed related to an existing royalty obligation is also a key component of the deal. The agreement comes at a time when Rimfire Pacific Mining Limited is positioning itself as a potential low-risk, secure supplier of scandium—a critical mineral with significant industrial applications on the Western world’s doorstep. With its substantial land holdings in the Fifield Scandium District, the company is set to leverage its expertise in resource development amid evolving global market pressures. Bullish sentiment surrounds the deal due to its potential to enhance Rimfire’s focus on a scarce and highly valuable mineral while mitigating supply risks through structured milestone payments. Investors may view the move as a strategic response to tightening global scandium supplies and a signal of strong growth potential. However, bearish sentiment may emerge from uncertainties related to the successful completion of technical due diligence, milestone dependencies, and the inherent risks associated with commodity market fluctuations and regulatory approvals.