Exploration Risks Loom as Nimy Targets Extensions of High-Grade Gallium and Base Metals
Nimy Resources is advancing its Mons Critical Mineral Project with a comprehensive geochemical sampling program and high-resolution airborne magnetic surveys targeting gold, base metals, and gallium. These efforts aim to extend known mineralised zones and refine upcoming drilling strategies.
- 2,817 surface geochemical samples planned across gold, copper, nickel, zinc, and gallium targets
- High-resolution airborne magnetic surveys to cover Masson, Sneaky Squirrel, and Block 3 areas
- Focus on expanding high-grade gallium resource at Block 3 and base metal discoveries at Masson and Sneaky Squirrel
- First-ever exploration sampling in the eastern corridor targeting gold mineralisation
- Results to support precision drilling and resource definition in the Mons greenstone belt
Expanding the Mons Mineral Frontier
Nimy Resources (ASX, NIM) is intensifying exploration activities at its Mons Critical Mineral Project in Western Australia, a district-scale greenstone belt discovery with promising multi-commodity potential. The company has launched an extensive surface geochemical sampling program, collecting nearly 3,000 samples to target gold, copper, nickel, platinum group elements, zinc, and gallium across both established and under-explored zones.
This program notably includes the first-ever ground exploration in the eastern corridor, where structurally favourable targets for gold have been identified. Concurrently, the sampling grid is being expanded at key prospects such as Sneaky Squirrel and Masson to delineate extensions of copper-zinc-gold and copper-nickel-PGE mineralisation respectively. At Block 3, the focus is on extending the footprint of a recently discovered high-grade gallium resource, with assays expected to underpin a JORC 2012 Compliant Resource imminently.
High-Resolution Airborne Magnetic Surveys
Complementing the geochemical work, Nimy is set to commence three high-resolution airborne magnetic surveys covering approximately 76 square kilometres across Masson, Sneaky Squirrel, and Block 3. These surveys aim to enhance the geological understanding of magnetic units associated with mineralisation, providing critical data to refine drill targeting.
At Masson, the survey will investigate the relationship between high magnetic units and recently identified deep mineralised plates, which remain open at depth. Sneaky Squirrel’s survey seeks to map magnetic responses linked to copper-zinc sulphide mineralisation beneath surface gossans, drawing parallels to analogous deposits in the region. Meanwhile, the Block 3 survey targets extensions of the high-grade gallium mineralisation associated with ultramafic schists and magnetic anomalies.
Strategic Implications and Next Steps
Managing Director Luke Hampson emphasised the strategic value of these programs, highlighting their role in maintaining exploration momentum and enhancing the precision of upcoming drilling campaigns. The integration of geochemical and geophysical data is expected to unlock further discoveries and potentially add gold to Nimy’s growing portfolio of critical and base metals within the Mons greenstone belt.
As assays from the initial 1,083 samples are already underway, investors and analysts will be watching closely for results that could validate and expand the known mineralised zones. The collaboration with CSIRO and the use of advanced ultrafine assay techniques underscore Nimy’s methodical, science-driven approach to exploration.
Bottom Line?
Nimy’s integrated exploration push at Mons sets the stage for potential resource upgrades and new discoveries, with assay results and survey data poised to shape the next phase.
Questions in the middle?
- How will the upcoming assay results impact the size and grade of the Block 3 gallium resource?
- Can the airborne magnetic surveys reveal new extensions or repeats of the Masson and Sneaky Squirrel mineralisation?
- What is the potential for gold discoveries in the previously unexplored eastern corridor of the Mons belt?