Nimy Resources (ASX:NIM) strikes high-grade sulphide mineralisation at Mons Project

Nimy Resources (ASX:NIM) has made a significant breakthrough at its Mons Project in Western Australia.

The company recently announced that the first reverse circulation (RC) drill hole at the Masson prospect intersected a notable 10-meter interval of massive and disseminated sulphide mineralisation from 128 to 138 meters downhole.

This discovery is a key milestone in the ongoing exploration efforts aimed at uncovering valuable nickel, copper, cobalt, and platinum group elements (PGEs) within the project area.

Assays from this initial drilling phase have returned promising results, including 5 meters grading 0.73% nickel, 0.53% copper, 0.06% cobalt, and 0.55 g/t PGEs from a depth of 102 meters.

These figures are particularly encouraging as they confirm the presence of high-value minerals in the targeted zones, aligning with Nimy Resources strategic focus on critical metals exploration.

The success of this drilling operation is further validated by the alignment of the results with electromagnetic (EM) conductive modelling.

The model indicated a significant anomaly with a conductivity of 10,000 siemens at Masson, which has now been confirmed through drilling.

Consistency between modelling and physical findings bodes well for the accuracy of future exploration targets, suggesting that other identified anomalies could also host substantial mineralisation.

Despite encountering challenges related to weather conditions, the exploration campaign at Mons has remained on schedule. The project team has successfully completed two RC pre-collar holes, and a diamond drill rig has now arrived onsite to commence deeper drilling.

This next phase will target the extension of the sulphide mineralisation at depth, with the potential to further enhance the project’s resource base.

In addition to the ongoing work at Masson, Nimy Resources is also preparing to shift its focus to Block 3, another promising area within the Mons Project. Recent induced polarisation (IP) surveys have identified large chargeability anomalies at Block 3, indicating potential for copper, gold, and silver mineralisation.

The exploration team is poised to begin drilling these targets following the completion of the current phase at Masson.

Nimy Resources’ Executive Director, Luke Hampson, expressed optimism about the project’s progress, stating, “The initial drill hole testing of recent electromagnetic surveys completed at our Mons project has successfully intersected the top of the anomaly where we anticipated. We await assay results from this intersection of the highest EM response recorded at Masson at 10,000 siemens.”

As Nimy Resources advances its exploration efforts at the Mons Project, the company is well-positioned to make further discoveries that could significantly contribute to the development of critical metals in Western Australia.

With a clear strategy and ongoing exploration, the future looks promising for Nimy Resources and its stakeholders.

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