The Hole Truth – Nimy Resources October 2024

Luke Hampson – Nimy Resources (ASX: NIM) talks with the Hole Truth

Nimy Resources (ASX: NIM) has generated significant interest with its recent copper and gallium discoveries at the Mons Project in Western Australia. Their latest drilling results revealed more than 2% copper in assays, with mineralisation open at depth and along strike, suggesting strong potential for further exploration. The discovery of high-grade gallium 15km away adds to the excitement, especially as gallium is a strategic metal used in semiconductors, and China dominates its global supply. China’s recent decision to clamp down on gallium exports has heightened interest in Nimy’s find, positioning them as a key player in this market.

Ongoing exploration aims to further define the scale of these deposits, with high expectations surrounding future drilling results.

While these developments are promising, it’s important for investors to seek professional advice tailored to their financial situation before making any decisions regarding Nimy’s stock.

For more detailed updates, you can explore additional coverage from sources like Nimy Resources and financial news outlets.

 

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