Maiden Resource set for completion in coming quarter; Metallurgical testwork and offtake discussions progressing; Planning underway for follow-up drill program
Highlights:
- This drill campaign comprised 25 holes (NRRC134 to NRRC158) for 5,944 metres and was
designed to infill and extend the JORC exploration target defined in January 2025 (Gallium
Exploration Target Defined ASX:NIM 28/01/2025). - The campaign was highly successful in intersecting high grade intervals of plus 100g/t Ga₂O₃
with 18 holes now returning high grade gallium infilling and extending the exploration target. - Strong assays received from the final holes drilled in the recently completed program at the
Block 3 Gallium Project in WA. - All holes have encountered gallium mineralisation from surface to end of hole with multiple
holes returning high grade gallium intervals. - The mineralisation remains open along strike and at depth and will continue to be tested in
these directions as part of the next program. - An updated JORC exploration target will also be delivered opening up exploration beyond the
resource area. - The latest results include:
- NRRC144 – 240m @ 40g/t Ga₂O₃ (surface to EOH) including:
- 4m @ 125g/t Ga₂O₃ from 52m
- 12m @ 106g/t Ga₂O₃ from 88m
- Peak Value 4m @ 152g/t Ga₂O₃ from 88m
- NRRC147 – 240m @ 40g/t Ga₂O₃ (surface to EOH) including:
- 4m @ 100g/t Ga₂O₃ from 156m
- NRRC149 – 240m @ 46g/t Ga₂O₃ (surface to EOH) including:
- 12m @ 104g/t Ga₂O₃ from 16m
- Peak Value 4m @ 139g/t Ga₂O₃ from 20m
- 4m @ 110g/t Ga₂O₃ from 44m
- 12m @ 104g/t Ga₂O₃ from 16m
- NRRC150 – 240m @ 48g/t Ga₂O₃ (surface to EOH) including:
- 28m @ 102g/t Ga₂O₃ from surface
- Peak Value 4m @ 147g/t Ga₂O₃ from 20m
- 28m @ 102g/t Ga₂O₃ from surface
- NRRC151 – 240m @ 44g/t Ga₂O₃ (surface to EOH) including:
- 44m @ 101g/t Ga₂O₃ from surface
- Peak Value 4m @ 328g/t Ga₂O₃ from 20m
- 44m @ 101g/t Ga₂O₃ from surface
- NRRC156 – 240m @ 38g/t Ga₂O₃ (surface to EOH) including:
- 4m @ 122g/t Ga₂O₃ from 4m
- NRRC158 – 238m @ 39g/t Ga₂O₃ (surface to EOH) including:
- 32m @ 107g/t Ga₂O₃ from surface
- Peak Value 4m @ 266g/t Ga₂O₃ from surface.
- Peak Value 4m @ 266g/t Ga₂O₃ from surface.
- 32m @ 107g/t Ga₂O₃ from surface
Nimy Managing Director Luke Hampson said:
The recently-completed drilling program at Block 3 has consistently returned high-grade gallium assays which show we have a substantial discovery. And furthermore, there is clear potential to keep growing it, with the mineralisation remaining open at depth and along strike.
With the receipt of the final assays, we are on track to complete the maiden JORC Resource in the September quarter.
At the same time, we are progressing metallurgical testwork in conjunction with the CSIRO and Curtin University while discussions are also advancing with potential offtake customers and funding partners.
The high level of inquiry we are receiving from around the world confirms that we have a huge opportunity at Block 3 to capitalise on demand for this critical metal”.
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