Sampling underway to close in on higher-grade zones ahead of follow-up drilling program
- Assays from drilling at the Royale prospect within Mons reveal the presence of anomalous lithium over significant widths
- The assays also contain several other key lithium indicator minerals including anomalous caesium, tantalum, beryllium, rubidium and tin (4m composite samples, 1m samples to follow) indicating Nimy is in a fertile LCT pegmatite complex
- Results of the recent hyperspectral survey outline a highly promising anomaly just 1.3km north-west of the recent drilling
- This anomaly, which sits within the greenstone belt, is ~3km from the contact point of the greenstone and granite
- In lithium exporation, this distance from the greenstone-granite contact point is known as in the “Goldilocks Zone” due to the large number of lithium deposits hosted in this environment
- Nimy has started sampling this anomaly in preparation for a follow-up drilling program
Nimy Resources Executive Director Luke Hampson said:
The combination of the lithium assays and the latest geophysical results is extremely promising. They show there is extensive lithium at Royale with strong potential for higher grades within the anomaly. In light of these results we are moving quickly with soil sampling ahead of more drilling”.
This announcement has been approved for release by the Board.