Nimy grows value of Block 3 with continuous, wide gallium hits

Further assays from Nimy Resources’ drilling outline continuity of gallium mineralisation and indicate potential for more along strike and at depth.

Nimy Resources’ Block 3 is emerging as a major gallium discovery. Pic: Getty Images

• Nimy Resources’ drilling highlights strong continuity of gallium mineralisation at Block 3 within its Mons project

• Wide, high-grade intersections extend mineralised area, which remains open along strike and at depth, to 450m by 300m

• Follow-up exploration underway to extend known mineralised footprint and locate further chlorite schist host zones

Special Report: Drilling at Nimy Resources’ Mons project in WA has extended known gallium mineralisation to a 450m by 300m area after returning further high-grade intersections.

Four further holes for which assays were received from drilling at Block 3 all encountered gallium – a key metal used in the production of semi-conductors – from surface to end of hole.

Notable results include 1m grading 394g/t gallium trioxide from a depth of 188m within a broader intersection of 240m at 35g/t Ga2O3 from surface to end of hole in hole NRRC138 and a rich hit of 240m at 63g/t Ga2O3 from surface to end of hole in NRRC140 that included numerous higher grade intersections such as 1m at 462g/t from 202m.

Encouragingly for Nimy Resources (ASX:NIM), the latest results not only provide further evidence of the strong continuity of mineralisation within the known mineralised area but also indicate that it remains open along strike and at depth.

They also bode well for the drilling campaign’s objective of infilling and extending the Block 3 exploration target of between 9.6Mt and 14.3MT at a grade range of 39-78ppm gallium.

“These are more outstanding results which continue to grow the size of our Block 3 gallium discovery,” managing director Luke Hampson said.

“The assays show that Block 3 is emerging as a major find with every potential to capitalise on global demand for gallium.

“With results pending for another 17 holes, we are well-placed to continue increasing the extent of the mineralisation ahead of the maiden JORC resource.”

Assays from the first four holes in the 25-hole reverse circulation drill campaign established the presence of consistent, near-surface and deeper mineralisation after returning hits such as 240m at 55g/t Ga2O3 from 60m.

Cross section of the latest drill results. Pic: Nimy Resources

Gallium future

The discovery of gallium at Block 3 within the Mons project in WA’s Mons greenstone belt, northwest of the Forrestania nickel-lithium district, has raised hopes that the state could become a non-Chinese producer of primary gallium.

This positions Block 3 as a potentially valuable standalone strategic asset that could help secure chains that have been impacted by China’s 2023 export controls.

Assays from the remaining 17 holes are imminent with results to feed into the maiden JORC resource estimated scheduled for release early in the December 2025 quarter.

NIM has also started follow-up exploration aimed at extending the known mineralised footprint and locating further chlorite schist host zones along trend.

The schist has already been identified well beyond the known mineralisation, highlighting the scope for ongoing growth at the discovery.

Block 3 also represents just a small part of Mons, which has the potential to host other critical minerals such as nickel, copper, cobalt and PGEs.

Additionally, discussions are continuing with potential US and European offtake partners and funding counterparties.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as Nimy grows value of Block 3 with continuous, wide gallium hits