Nimy Resources‘ drilling to test two newly identified conductive MLEM Plates at Mons has intersected a continuous 13 metres of massive nickel-copper sulphide mineralisation from 102 metres depth from its first hole at the northern end of the Forrestania nickel belt in Western Australia.
Containing pyrrhotite, pentlandite, chalcopyrite and pyrite, the intersections are coincident with modelled plate locations, and samples have been fast-tracked to the lab for assaying and the drill holes cased for a downhole survey.
Nimy has an additional 31 similar VTEM anomalies being investigated, and Executive Director Luke Hampson said the intersection of massive sulphides in its first drill hole was a big win following a strategy of extensive VTEM and MLEM surveys.
The intersections represent proof of concept in our search for massive sulphide mineralisation in an enormous holding covering an 80km strike of greenstone in over 2000km² that has already delivered very deep intersections of low-grade nickel from previous drilling,” Mr Hampson said.
“Samples have been delivered to Perth for urgent turnaround and we look forward to confirmation of this significant development.”
After making the massive strike at Block 2, the rig has now been moved to Block 3 to continue testing Nimy’s collection of conductive plates on the mission to develop a new nickel district in Western Australia.
Mons Nickel
The Yilgarn Craton has long been established as the foundation of Western Australia’s mineral wealth and contains the nation’s premier gold and nickel province in the eastern end.
In spite of its absurd productivity, there remains unexplored ends, the craton is massive and Nimy have claimed a first-mover’s advantage from within 2500 square kilometre-plus landholdings in a metallogenic greenstone belt with potential to be established as a new district.
Exploration within the area had previously been focused on gold after pig nickel lowered the pure metal demands of the steelmaking industry.
But a surge of battery demands has nickel back in the spotlight as a vital commodity, and securing resources of the metal is once again a top priority for global mining companies.
After holding Mons privately for years, Nimy is ready to go and is now on the ASX and gearing up with an aggressive exploration campaign covering a 30-target-plus pipeline in its massive and fully owned Mons landholdings.
