Nimy Resources (ASX:NIM) Gallium Drilling Campaign Completed
Nimy Resources Limited (ASX:NIM)
■ This drill campaign comprised 25 holes (25NRRC0134 to 25NRRC0158) for 5,944 metres and was designed to infill and extend the JORC exploration target defined in January 2025 (Gallium Exploration Target Defined ASX:NIM 28/01/2025).
■ Assay’s have been received and results released for four holes of Phase 2 (High grade Gallium in first assays ASX:NIM 16/06/2025) with assays pending from a further 21 holes in Phase 2 and 3.
■ The completion of the drilling programs puts Nimy on track for a maiden resource in the December quarter, 2025
Nimy Managing Director Luke Hampson said:
“The successful completion of the Block 3 drilling campaign is another major milestone in our strategy to establish a substantial high-grade gallium deposit and capitalise on global demand for this critical metal.
“We expect a steady stream of assays over coming weeks, ensuring we have strong newsflow in the lead up to the calculation of a maiden resource.
“Given the high grade results from the first 4 holes of Phase 2, we are very optimistic about our ability to unlock the full potential of Block 3”.
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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.