Nimy (ASX:NIM) champing to follow up Mons massive opportunity

Nimy (ASX:NIM) champing to follow up Mons massive opportunity

January 11, 2024 Off By Rueben Hale

Nimy Resources plans to focus on promising massive sulphide intersections discovered in late 2023, with drilling starting next week at its Masson prospect, part of the company’s flagship Mons Project in Western Australia.

The late-year discovery of 10 metres of massive sulphide mineralisation is aligned with the company’s EM model, indicating the potential for the Masson discovery to be a large-scale deposit.

RC drilling will target new conductive plates extending north, south, and beneath the initial MLEM plates. The FLEM trend is open north, south, and below the current plate modelling.

4A0F71BA E1D4 4772 97F3 3CCF0415D8AE

Initial drilling campaign successfully discovered massive sulphides containing
anomalous nickel, copper, cobalt and PGE’s

Nimy’s Executive Director believes this discovery could be a new area of sulphide-hosted mineralisation, noting its uniqueness within a radius of over 50 km of the Masson or Block 3 massive sulphide occurrences.

“We are moving quickly to establish the extent of the massive sulphides hosted within the mafic rock type, within a large electromagnetic anomaly and along the contact zone,” Mr Hampson said.

The Masson Prospect is within a circular/oval-shaped geological feature coinciding with the inner contact of the high magnetic rim.

“Initial drilling shows sulphide mineralisation is within a mafic/gabbroic rock and is thought to be intrusive.

“Nimy Resources plans to learn more about the lithologies and potential ore type once current petrographic studies are completed in another 2-3 weeks.”

1468C5B5 13F4 416F AD5B 6DA63FBED3B1

 

About Nimy Resources

Nimy Resources is an exploration company with the vision to responsibly discover and develop low-footprint critical minerals projects in a world-class mining jurisdiction of Western Australia—the MONS Project – Scale to develop a new district.

[mstock id= “6250”]

Related Stories

Impact (ASX:IMP) hit significant REEs at Arkun

OpenRadar: Charger (ASX:CHR) powered by Rio Tinto at Lake Johnston

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

We are a boutique environment – the home of uncompromisingly high-quality brands spanning news, opinion, and interaction, priding ourselves on promoting discussion and understanding that facilitates growth. We work closely with our clients to really understand what they are trying to achieve and use best practice available to do that!

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Amanda Ellis
Chief Content Producer
amanda@marketopen.com.au
+61 438 003 868

Important links

Follow us