Nimy Resources (ASX:NIM) announces the fourth and final hole at Masson of this drill program has also intersected high grade copper, nickel, cobalt and PGE mineralisation within a broader zone of massive and semi-massive sulphides.
Drill Highlights
- 24NRRC0126
- 4.3m @ 0.50% Cu, 0.29% Ni, 0.04% Co, 0.16 g/t 2PGE, 1.66g/t Ag (1.08%
CuEq) from 295.1m including:- 1.2m @ 1.02% Cu, 0.04% Ni, 0.01% Co, 0.03g/t 2PGE, 3.39g/t Ag
(1.12% CuEq) from 296.4m.
- 1.2m @ 1.02% Cu, 0.04% Ni, 0.01% Co, 0.03g/t 2PGE, 3.39g/t Ag
- 1.3m @ 0.38% Cu, 0.27% Ni, 0.05% Co, 0.20g/t 2PGE, 2.76g/t Ag (0.96%
CuEq) from 310.4m.
- 4.3m @ 0.50% Cu, 0.29% Ni, 0.04% Co, 0.16 g/t 2PGE, 1.66g/t Ag (1.08%
- All four holes in this campaign have returned grades at greater than 1% copper, within an interpreted high grade copper lens from 126m to 298m (downhole depth).
- Cu, Ni, Co, Pd, Pt and Ag within sulphide mineralisation extending along a strike of 240m with a maximum downhole width of 62m and has been intersected from 102m to 312m downhole and remains open down dip and along strike.
Strike extension – Copper pathfinder molybdenum in drilling and soil sampling:
- Anomalous molybdenum up to 804ppm (4m composite) is present above and surrounding the copper lens.
- Soil sampling indicates a 1.4 km molybdenum in soil anomaly from 700m south along strike from the Masson Discovery.
- The soil anomaly is coincident with VTEM anomalies.
Nimy Executive Director Luke Hampson said:
The presence of high grade copper within the deepest hole at Masson extends the copper mineralised lens to an interpreted 186m downhole interval of greater than 1% copper. The copper lens remains open at depth and beyond the 240m established strike. A molybdenum anomaly halos the copper lens and our recent soil sampling program has highlighted a 1.4 km molybdenum in soil trend south along strike of the Masson discovery. Electromagnetic anomalies run consistent with the molybdenum trend and conductor plate modelling is underway. Given the success at Masson we are very optimistic that the mineralisation continues south along strike and with a 3.1 km electromagnetic trend continuing north along strike to be soil sampled, Masson is a shaping as a very exciting find.”

