Nimy Resources completes successful drilling program at Masson Ni-Cu Prospect

Nimy Resources (ASX:NIM) has completed a successful four hole drill program at the Masson Ni-Cu Prospect in WA, with intercepts of massive, disseminated, and vein-style sulphide mineralisation reported within and adjacent to the drilled EM-targets. The final diamond-tail (24NRDD0126) has reported sulphide within an interval from 267.7 to 328 metres down-hole, including a 5.2 metre interval of massive sulphide. The sulphide-rich interval at Masson now extends along a strike length of 220 metres, to a depth of 264 metres, and is open in all directions. Samples have been submitted to Intertek for assay with an anticipated 4-5 week turnaround.

Executive Commentary on Masson Drilling Completion

The recently completed RC and diamond drilling at the Masson prospect successfully intersected the targeted interval for sulphide mineralisation in all holes, and the system remains open in all directions. The anomalously magnetic response from the mineralized interval suggests that the suite of EM anomalies extending along the airborne magnetic zone are a priority for follow-up. The prospectivity of the VTEM-anomalies on mag features adjacent to Masson have been upgraded as a result of the drilled intercepts.

Summary of Masson Drilling Completion and Outlook

Nimy Resources has completed a successful drilling program at the Masson Ni-Cu Prospect, with intercepts of massive, disseminated, and vein-style sulphide mineralisation. The sulphide-rich interval at Masson now extends along a strike length of 220 metres, to a depth of 264 metres, and is open in all directions. The suite of EM anomalies extending along the airborne magnetic zone and the prospectivity of the VTEM-anomalies on mag features adjacent to Masson have been upgraded as a result of the drilled intercepts. Samples have been submitted for assay, and the company anticipates a 4-5 week turnaround for results. Nimy Resources remains focused on the development of the Mons Project, a district scale land holding consisting of 17 approved tenements over an area of 3004km2 covering an 80km north/south strike of mafic and ultramafic sequences. The Mons Project is situated within potentially large scale fertile nickel rich komatiite sequences within the Murchison Domain of the Youanmi Terrane of the Archean Yilgarn Craton.