NIMY Resources Essential Nickel

BLOCK 3 – Gallium

VTEM and MLEM identified electromagnetic anomalies within Block 3. Block 3 west was drill tested and returned copper, silver and gold in massive sulphides with potential for a large mineralised system. Block 3 east was drill tested and returned a zone of high-grade gallium. Additional drilling and soil sampling has since extended the high-grade gallium zone surface area to approximately 900m x 650m.

Nimy established and announced its maiden JORC gallium Inferred Resource of 7.23Mt at 102g/t in November 2025.

The Discovery

  • The 24NRRC0128 drill hole extends the near surface high-grade gallium strike length intersected previously to 160m and is repeated 220m to the west in hole 24NRRC0129 and 24NRRC0130.
  • Gallium is on the critical metals list for Australia, USA, EU, India, Japan, Republic of Korea and the UK.
  • According to the US Geological Survey, China produces 98 percent of the world’s supply of gallium. China introduced sanctions in August 2023.
  • Gallium is needed to produce gallium nitride(GaN), used in the manufacture of LED’s, magnets, integrated circuits, and solar panels.
  • Gallium handles higher amounts of power than silicon, meaning GaN-based chips can be more efficient and durable than their silicon counterparts.
  • Block 3 has high grade gallium resource potential.

The Maiden JORC Inferred Resource

  • Maiden JORC gallium Inferred Resource of 7.23Mt at 102g/t Ga₂O₃ using 70g/t Ga₂O₃ cut-off (740t contained Gallium Trioxide) and 538ppm Total Rare Earth Oxides (TREOs) (3,890t of contained TREOs). The Resource estimate is based only on material located within the oxide and transition zones down to a maximum ~100m.
  • Known gallium and Total Rare Earth Elements (TREE) mineralisation below 100m deep has not been included in this resource estimate but is included in the Exploration Targets of up to 26Mt at 100g/t Ga2O3 and 100Mt at 810ppm TREO
  • The resource model covers a 0.4km² footprint; A surface soil sampling program and an airborne magnetic survey is currently underway across an extended grid covering ~30km² over, around and west of the Block 3 high grade gallium and rare earth discovery.
  • Rare Earth Elements (REE) component adds significant value to the Block 3 project.

Gallium – Rapidly growing demand

  • Gallium is on the critical metals list for Australia, USA, EU, India, Japan, Republic of Korea and the UK.
  • According to the US Geological Survey, China produces 98 percent of the world’s supply of gallium, China introduced sanctions in August 2023.
  • Gallium is needed to produce gallium nitride (GaN), used in the manufacture of LED’s, magnets, integrated circuits, and solar panels.
  • Multiple defence force applications.
  • Forecast increased demand due to new generation semi-conductors used in AI, supercomputers and data centres.
Global Gallium market size project (in USD Billion)

Key Highlight

  • RC hole NRRC0120 returned 240 metres (0- 240m eoh) @ 50ppm Ga₂O₃ including a highly anomalous zone of 52m @ 105ppm Ga₂O₃ from 0-52m.
  • RC hole NRRC0121 returned 240 metres (0- 240m eoh) @ 68ppm Ga₂O₃ including a highly anomalous zone of 72m @ 117ppm Ga₂O₃ from 52m.

2026 Exploration Goals

  • Further outlining and extending the mineralisation potential of the Block 3 prospect areas.
  • Expanding the Maiden JORC gallium Inferred Resource.
  • Metallurgical testing.
  • Scoping Study.
  • Extend soil sampling across anomaly.
  • Air-core/Reverse Circulation extensional drilling.

We know we have a high-grade gallium discovery which runs from surface in a tier one location. Drilling has encountered high grade mineralisation over a 160m strike length, and it remains open. We have also intersected high-grade gallium in two drill holes 220m to the west. Soil sampling indicates significant potential to keep growing the size of the discovery. Given the strong interest from potential partner groups, we intend to establish a JORC Resource, which will help underpin these discussions

Luke Hampson, Nimy Managing Director

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