Nimy Resources' gallium discovery plans

Nimy Resources (ASX:NIM) has announced plans to establish a maiden JORC Resource for its high-grade gallium discovery at Block 3 East within the Mons Project in Western Australia. A recently completed soil sampling program has extended the mineralized footprint, supporting upcoming drilling to further delineate the deposit.

Overview and strategic plans

Nimy Resources is focusing on establishing a maiden JORC Resource at its Mons Project for high-grade gallium, a critical mineral in advanced technologies. An extended mineralized footprint through soil sampling suggests potential for significant resource expansion. The company plans step-out and infill drilling in January to support resource establishment. Nimy Resources is also engaging with potential industry partners for offtake rights, responding to increased interest due to China's export restrictions on gallium. The Mons Project's strategic location and geology offer opportunities for further exploration and development, aligning with Nimy's goal to develop critical metals for future economies.

Executive commentary on gallium discovery

High-grade gallium mineralization has already been identified over a 160-meter strike, beginning at the surface and remaining open, suggesting significant potential for resource expansion.