Drilling set to commence at Mons Project

Three targets to be drilled targeting extended mineralisation

Nimy Resources (ASX:NIM) advises that Raglan Drilling are scheduled to commence drilling of three prospects during the week commencing 5th August 2024.

Highlights

  • The Masson Discovery will have two holes of 240m RC with 200m diamond drill tails designed to test the new modelled conductive plates (ASX:NIM EM anomalies extended at Masson 20/06/2024) below the massive sulphide intersections containing nickel, copper, cobalt and PGE’s (ASX: NIM Copper nickel discovery extension 12/03/2024).
  • The Vera’s Gossan Prospect has three holes planned to intersect the 3 EM anomalies (ASX:NIM EM anomalies identified beneath Vera’s Gossan 25/06/2024) modelled beneath the outcropping gossan. The gossan returned anomalous nickel, copper, cobalt, zinc and sulphur in assay (ASX:NIM Vera’s Gossan confirmed as nickel copper target 21/05/2024).
  • The Block 3 Prospect will have three holes drilled to test two extensive anomalous zones of coincident chargeability and conductivity (ASX: NIM Extension to copper gold sulphide targets in Block 3 27/06/2024) indicating large zones of continued sulphide mineralisation.
  • Anomalous zones are proximal to the drillholes that intersected massive and disseminated sulphides carrying copper, gold and silver at Block 3 West and anomalous copper, and gallium at Block 3 East (ASX: Copper Rare Earths and Gallium at Block 3 18/04/2024).
  • Downhole electromagnetic surveys (DHEM) will be carried out to assist in detecting extensions to mineralisation beyond the planned drillholes.

Nimy Executive Director Luke Hampson said:

The successful electromagnetic and induced polarization surveys at our Mons project will be tested early August with Raglan Drilling planned to commence drilling on the 5th August. The Masson nickel, copper, cobalt and PGE in massive sulphide discovery has anomalies continuing at depth, the MLEM survey at Veras Gossan has identified three large EM anomalies possibly associated with the surface gossan which returned anomalous levels of nickel, copper, cobalt and zinc. The Block 3 Prospect identified significant IP and EM anomalies prospective for continued copper, gold and silver mineralisation.”

Figure 1 – Positioning of RC drill holes with diamond tails at the Masson discovery relative to conductive anomalies within drilled mineralisation envelope.
Figure 2 – Positioning of RC drill holes at the Veras Gossan Prospect relative to conductive anomalies follow up DHEM surveys planned to detect extensions to MLEM anomalies.
Figure 3 – Positioning of RC drill holes at the Block 3 Prospect – West relative to conductive anomalies (EM plates) and chargeability / resistivity anomalies follow up DHEM survey with Dipole / Dipole surveys planned to detect extensions to mineralisation envelope and EM / IP anomalies.

 

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This release has been approved by the Board
Masson

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