Massive nickel-copper sulphides in first hole at MLEM conductive plates

Drilling continues to test more MLEM plates


RC drilling to test two recently identified MLEM Plates in Block 2 at Mons has intersected 13m of massive sulphide mineralisation containing pyrrhotite, pentlandite, chalcopyrite and pyrite.
The massive sulphide intersections are coincident with the modelled MLEM plate locations
• Samples have been delivered to Perth for expedited assaying.
Holes have been cased in preparation for downhole electromagnetic (DHEM) survey to enhance understanding of the plates’ dimensions.
• Drill Rig has been moved to Block 3 to test modelled conductive plates at that location.

NIMY Resources Executive Director Luke Hampson said:

The intersection of massive sulphide mineralization in our first drill hole targeting conductive plates is a big win following our strategy of extensive VTEM and follow up MLEM. The intersections represent proof of concept in our search for massive sulphide mineralisation in an enormous holding covering an 80km strike of greenstone in over 2000km² that has already delivered very deep intersections of low grade nickel from previous drilling.
Samples have been delivered to Perth for urgent turnaround and we look forward to confirmation of this significant development”.
Figure 1 – Sulphide mineralisation from hole 23NRRC100 104-105 metres
Figure 2 – 23NRRC100 R/C Drill Piles, black material represents massive sulphide intersections.


Click here for the full announcement >
This announcement has been approved for release by the Board.

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