Nimy Resources (ASX:NIM) strike sulphide metals at Masson
A discovery follow up returns strong nickel and copper from a 54-metre sulphide mineralised zone all in line with the EM model.
A discovery follow up returns strong nickel and copper from a 54-metre sulphide mineralised zone all in line with the EM model.
Conditions made to simulate the Kambalda concentrator rewards rewarded with high-grades, premium ratios, and negligible arsenic.
A combined mine and concentrator development delivers a Net Present Value of $1.364 billion and a meagre payback period of 1.3 years.
Newly granted territory builds up license holdings now totalling 1669 square kilometres in one of the world’s most prospective regions.
A follow up has now revealed one of the most continuous high-grade anomalies on Nova’s entire claim block.
An updated Mineral Resource is set to produce 4 Mt/a of ore to produce approximately 1.25 Mt/a of high-grade magnetite concentrate.
Early exploration reveals the right signs for lithium and soil anomalies similar in tenor to the region’s high-profile discoveries.
New widespread drilling results are the first to come from overlying zones focused on as the source of rare earth production from Esperance.
GMN join the Australian land rush toward Brazil’s enormous and untapped rare earth resources.