Nimy Resources (ASX:NIM) | Extensive Ground Base Metals EM Survey to Commence at Mons
Episode: Nimy Resources (ASX:NIM) | Mons Project Ground Electromagnetic Survey Program
Nimy Resources has announced the imminent commencement of a comprehensive ground electromagnetic survey program across four priority prospects at the Mons Project in Western Australia. This episode covers the planned survey areas, the independent technical review completed by Newexco Exploration Proprietary, and the company’s stated objective of delineating discrete drill targets associated with sulphide mineralisation systems.
Key facts covered in this episode:
Four prospects will be surveyed: Masson, Masson Northeast, Sneaky Squirrel and Block Three.
Independent geophysical consultants Newexco Exploration Proprietary designed and recommended the program following a technical review of Nimy Resources’ geophysical data.
The review identified numerous anomalous horizons described as being consistent with steeply dipping conductive contacts. It recommended extensive follow up ground electromagnetic surveys.
At Masson, the program will target the interpreted feeder zone of magmatic massive sulphide mineralisation. Previous drilling referenced in the announcement identified lenses of remobilised copper, nickel and platinum group element mineralisation hosted within massive sulphides.
Masson Northeast will test gravity, magnetic and airborne electromagnetic targets northeast of Masson. The company says the survey will investigate potential extensions and repetitions of the drilled Masson mineralisation.
At Sneaky Squirrel, the program will target potential extensions of previously drilled copper, zinc and gold mineralisation beneath the surface gossan. Previous drilling referenced in the announcement intersected two sulphide lenses at shallow depth, while airborne electromagnetic data identified an anomaly coincident with the main magnetic feature.
At Block Three, the survey will investigate base metal mineralisation associated with the Mons Gallium resource. The company identifies the interpreted feeder system as a priority exploration objective and says the technical review identified multiple prospective conductor horizons consistent with sulphidic contacts.
Planned moving loop electromagnetic station spacing at Masson and Masson Northeast is one hundred metres by six hundred metres.
A figure in the announcement shows exploration targets and first priority targets along an extended three point five kilometre host rock unit at Block Three. The Exploration Targets are conceptual in nature. Insufficient exploration has been conducted to estimate Mineral Resources, and it is uncertain whether further exploration will result in Mineral Resources being estimated.
The Mons Belt spans approximately eighty kilometres by thirty kilometres and covers approximately three thousand one hundred and sixty seven square kilometres across twenty two tenements.
This announcement contains no new drilling or assay results. It does not disclose the survey cost, provide a f