■Assays from a further four holes at Block 3 reveal wide, high-grade gallium intersections. All four holes encountered gallium mineralisation from surface to end of hole.
■ The latest results extend the known resources to an area measuring 450m x 300m and provide further evidence of the strong continuity within this area.
■ Gallium mineralisation remains open along strike and at depth.
■ The latest assays include:
■ NRRC138 - 240m @ 35g/t Ga₂O₃ (surface to EOH)
■ 24m @ 105g/t Ga₂O₃ from 180m
o Peak value: 1m @ 394g/t Ga₂O₃ from 188m
■ NRRC139 – 240m @ 34g/t Ga₂O₃ (surface to EOH)
■ NRRC140 – 240m @ 63g/t Ga₂O₃ (surface to EOH)
■ 12m @ 100g/t Ga₂O₃ from surface
■ 36m @ 104g/t Ga₂O₃ from 20m
■ 3m @ 111g/t Ga₂O₃ from 77m
■ 32m @ 107g/t Ga₂O₃ from 200m
o Peak value: 1m @ 462g/t Ga₂O₃ from 202m
■ NNRC141 – 240m @ 33g/t Ga₂O₃ (surface to EOH)
■ 8m @ 112g/t Ga₂O₃ from surface
o Peak value: 4m @ 140g/t Ga₂O₃ from 4m
Nimy Managing Director Luke Hampson said:
“These are more outstanding results which continue to grow the size of our Block 3 gallium discovery.
The assays show that Block 3 is emerging as a major find with every potential to capitalise on global demand for gallium. With results pending for another 17 holes, we are well-placed to continue increasing the extent of the mineralisation ahead of the maiden JORC resource”
To read the announcement, please click here
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.
