Depth extension of EM Anomaly at Masson
DHEM and FLEM extend anomaly depth by 69m
Previous drilling show Masson anomaly carries significant copper, nickel, cobalt and PGE mineralisation
Nimy Resources (ASX:NIM) has completed three Down Hole Electro-Magnetic (“DHEM”) and a Fixed Loop EM surveys (“FLEM”) at the Masson Discovery.
Masson Discovery
- Gap Geophysics have completed 3 downhole (DHEM) surveys and a fixed loop electromagnetic survey (FLEM) extending the EM anomaly to a depth of ~225m and remains open with four large conductor plates that have had preliminary modelling (5,000-10,000s).
- The conductor plates extend approximately 69 metres below the previously reported conductor plates and 38 metres below the massive, semi massive and disseminated sulphide mineralisation in drill hole NRRC0119.
- Previous reported drilling results at Masson showed down hole sulphide-rich intercepts up to 45 metres thick including mineralised massive sulphide intercepts with peak values (1m) of Cu to 1.49%, Ni to 0.97%, Co to 0.17% and PGEs (Pd+Pt) to 0.73g/t.
Nimy Executive Director Luke Hampson said:
The FLEM and DHEM surveys at Masson have delivered a significant target size increase to the nickel, copper, cobalt and PGE in sulphide discovery. GAIP, DHEM and MLEM surveys at Block 3 and Vera’s Gossan are near completion and we eagerly await the final results to enable reporting early next week. The implication for Masson is that the drilled shoot of massive copper-nickel sulphide will extend at depth, the higher conductivity of the modelled plates at a 10,000 siemens count is a 2000 siemens increase and could lead to increased mineralisation at depth at Masson. Given the early discovery success, more of the VTEM anomalies in the northern portion of the Mons Project will be prioritized for drilling. Results continue to indicate the new greenstone belt covered by the Mons tenements is fertile for intrusion-related base-metal sulphides.”
