Nimy Resources extends high-grade gallium at Mons project in WA

Nimy Resources (ASX:NIM) has announced the extension of high-grade gallium at Block 3 East within its Mons project in WA. The drilling results have revealed extensive intersections of high-grade gallium with anomalous rare earth mineralization, with three RC holes (NRRC0128-130) returning high-grade gallium with substantial intervals greater than 100ppm Ga2O3. The company is awaiting the full suite of rare earths to be assayed imminently.

Executive Commentary on High-Grade Gallium Extension

The high grade gallium trend has continued along and across strike of the original high grade intersections and repeats some 220m to the west, with further intervals in this drill campaign above 100ppm Ga2O3. Given the high-grade large intervals of gallium, Nimy has begun to identify the stand alone commercial value of gallium, along with its role as a base metal pathfinder element.

Summary of High-Grade Gallium Extension at Mons Project

Nimy Resources (ASX:NIM) has reported significant extensions of high-grade gallium at Block 3 East within its Mons project in WA. The drilling results have revealed extensive intersections of high-grade gallium with anomalous rare earth mineralization, indicating the potential commercial value of gallium. With the increasing demand for gallium and its criticality in various industries, the company's exploration efforts hold promise for future developments. The rise in gallium oxide price and the global supply risks further underscore the significance of Nimy's findings. The company's focus on critical metals aligns with the growing need for these resources in a forward-facing economy, positioning Nimy Resources as a key player in the exploration and development of essential metals for modern technologies and renewable energy.