High Grade Gallium extended at Block 3

Nimy Resources (ASX:NIM) is pleased to advise that drilling at Block 3 East within its Mons project in WA has returned extensive intersections of high-grade gallium with anomalous rare earth mineralisation.

Three RC holes (NRRC0128-130) drilled all returning high-grade gallium with substantial intervals greater than 100ppm Ga₂O₃. Gallium is accompanied by anomalous rare earth oxides (cesium, lanthanum) and yttrium. To date only the 4m composite samples have been assayed with the full suite of rare earths to be assayed imminently.

Highlights

  • Hole 24NRRC0128 returned 32m @ 102ppm Ga203 from 16-48m, peak value 4m @ 212ppm Ga203 (4m composite) from 32m.
  • Hole 24NRRC0129 returned 8m @ 102ppm Ga203 from 160m, peak value 4m @ 110ppm Ga203 (4m composite) from 160m.
  • Hole 24NRRC0130 returned 12m @ 99ppm Ga203 from surface, peak value 4m @ 127ppm Ga203 (4m composite) from 8m, and 8m @ 118ppm Ga203 from 84m peak value 4m @ 197ppm Ga203 (4m composite) from 88m.

The 24NRRC0128 drill hole extends the near surface high-grade gallium strike length intersected previously to 160m and is repeated 220m to the west in hole 24NRRC0129 and 24NRRC0130.

Nimy Executive Director Luke Hampson said:

The high grade gallium trend has continued along and across strike (160m) of the original high grade intersections and repeats some 220m to the west, with further intervals in this drill campaign above 100ppm Ga₂O₃. Given the high-grade large intervals of gallium Nimy has begun to identify the stand alone commercial value of gallium, along with its role as a base metal pathfinder element.”

Figure 1 – Schematic view of latest drill holes at Block 3 East Gallium Prospect.
Figure 2 – Schematic cross section view of Block 3 East Gallium Prospect looking east.

 

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This release has been approved by the Board
Block 3

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