Nimy Resources (ASX:NIM) advises that rock chip and soil sampling of Vera’s Gossan has returned anomalous nickel, copper, cobalt and zinc ahead of the MLEM survey being conducted across the area. Fender Geophysics are scheduled to arrive onsite on the 29th of May to conduct a
Gradient Array Induced Polarisation (“GAIP”) survey across the Block 3 Prospect.
Masson Discovery
- Massive sulphide mineralisation (nickel, copper, cobalt, PGE’s) discovered following successful initial drilling of VTEM and DHEM surveys that indicated conductive plates. (reported 3rd October 2023).
- Follow up EM surveys and drilling (reported 12th March 2024) extended the mineralisation to a 160m strike and down to 210m open in all directions.
- Gap Geophysics is onsite to complete 4 downhole (DHEM) surveys and a fixed loop (FLEM) survey to test extension of mineralisation at depth, and north south along strike.
Block 3 Prospect
- Block 3 West followed a similar EM survey path to Masson with drilling intersecting copper, gold and silver mineralisation in massive and disseminated sulphides (pyrite, pyrrhotite, chalcopyrite) within mafic rock. (reported 18/04/2024).
- Copper mineralisation discovered 2kms east along strike at Block 3 East.(reported 18/04/2024).
- DHEM survey underway to track massive sulphide mineralisation southwest of Block 3 West discovery.
- The GAIP survey is scheduled to commence 29th May 2024. Survey to cover 3km interpreted strike length to map anticipated mineralisation and concentrations thereof.
Vera’s Gossan Prospect
- Rock-chip sampling of Vera’s Gossan returned highly anomalous assays with the peak sample being NRR00004 with nickel at 2,750ppm, copper at 1,119ppm, cobalt at 1,370ppm, zinc at 3,180ppm and sulphur at 1,360ppm. (reported 21 May 2024).
- The gossan outcrops are approximately 25 metres in diameter, and 3kms directly west of the Masson nickel, copper, cobalt and PGE
massive sulphide discovery. - A moving loop electromagnetic survey is due to commence within days with GAP Geophysics onsite commencing work at Block 3.
Nimy Executive Director Luke Hampson said:
Our EM and IP surveys are designed to expand the recent successful drilling programs at Masson and Block 3 and test the Vera’s Gossan Prospect for anomalies beneath the rock chip and soil anomalies.
The Company has to date identified a largely unexplored 3004km² greenstone belt with thick komatiite flows in the southern tenements and now two occurrences of intrusive related massive sulphide mineralisation in the north. Vera’s is the second identified gossan following the Dease gossan. Gossans are hallmarks of significant discoveries at Kambalda and Forrestania. The EM strategy being undertaken should identify further mineralisation and a number of high priority drill targets at Vera’s with additional targets at Masson and Block 3. Nimy Resources expects to conduct a follow up drill program upon completion of data analysis and modelling of drill targets”.
