Gallium mineralisation present near-surface and in all directions; High Priority Block 3 Central target identified
■ Nimy Resources has commenced a Phase 2 drilling program at the high-grade Block 3 Gallium prospect.
■ The drill program will support the development of a Maiden JORC Resource.
■ Drilling is aimed at testing the Block 3 gallium exploration target, defined on the 28th of January, extending the known high-grade mineralisation along strike and down dip.
■ The Phase 2 program includes - Drill testing of the new Block 3 Central Target.
■ The Block 3 prospect covers an area of 3km x 1.5km, with the current exploration target only covering the Eastern segment of this zone.
■ The program is expected to take three weeks with assays due as soon as feasible.
■ The company aims to commence a Phase 3 drill program, upon interpretation of the Phase 2 results.
Nimy Managing Director Luke Hampson said: “The commencement of this round of drilling at the Block 3 Gallium discovery is significant as we move forward in defining a world class JORC compliant high grade gallium deposit. Concurrently, Curtin University are working on metallurgical testing following CSIRO identification of high grade 400-800 g/t gallium in chlorite. These exploration milestones move Nimy closer to meeting the need of gallium customers who have made initial enquiries as to our progress” .
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Key Facts:
For more information, please contact:
Nimy Resources Limited
Richard Moody
[email protected]
(08) 9261 4600
About us:
About Nimy Resources
Nimy Resources is a Western Australian exploration company that has prioritised the development of its recently discovered Mons Belt, situated 370km north-east of Perth and 140km north-northwest of Southern Cross a Tier 1 jurisdiction in Western Australia.
The Mons Belt represents a district scale discovery, spanning ~80km x 30km over 17 tenements and covering ~3005km2 north of the Forrestania greenstone belt. The Mons Belt provides a new and exciting frontier in critical metal exploration in Western Australia, the company is currently working with the CSIRO to advance the lithology and mineralisation types within one of Australia's newest greenstone belt discoveries in the Yilgarn Craton, a region with significant untapped potential.
Nimy Resources believes the Mons Belt offers multi commodity potential with the initial discovery of Masson (Cu, Ni, Co, Au & PGE's) in addition to Block 3 east prospect with high-grade gallium (Ga) discovered in the northern tenements.
In addition to these discoveries, the southern tenements have significant fertile komatiite sequences like those found in the Kambalda region of WA.
The Mons Belt is a district scale discovery with a land holding consisting of 17 approved tenements covering an 80km north/south strike of mafic and ultramafic sequences.
