Extensive new EM anomalies discovered, modeling is being finalised
Nimy Resources (ASX:NIM) advises that GAP Geophysics (DHEM) and Fender Geophysics (GAIP) have completed surveys at the Block 3 Prospect.
Highlights
- The Downhole Electromagnetic (DHEM) survey has detected an EM anomaly, along strike west of the massive sulphide mineralisation Block 3 West discovery, two conductor plates have been modelled for targeted drilling.
- The Gradient Array Induced Polarisation (GAIP) survey has identified two anomalous zones of coincident chargeability and conductivity with strike lengths of 680m (Block 3 West) and 740m (Block 3 East) 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, REE and gallium in oxide at Block 3 East (ASX: Copper Rare Earths and Gallium at Block 3 18/04/2024).
Nimy Executive Director Luke Hampson said:
The surveys at Block 3 conclude a very successful round of geophysics at the Mons Project. All three target areas surveyed have identified anomalies indicating mineralisation. Block 3 DHEM identified a significant anomaly west of the copper, gold and silver in massive sulphide encountered in the first drill program. The coincident chargeability and conductivity anomalies at Block 3 east and west are large and interpreted as prospective for disseminated sulphide mineralisation.
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. Given the impressive strike rate and the multitude of VTEM anomalies identified across the greenstone belt that are in the assessment pipeline, the Mons Project continues to present as having large fertile intrusion related base metal in sulphide potential.”
