Nimy Resources is pleased to report high-grade gallium assay results from the first four holes of the Phase 2 drilling program at its Block 3 Gallium Project in WA. The results confirm the potential for Block 3 to emerge as a standalone gallium project, with consistent near-surface and deeper mineralization intersected across all initial holes. The Phase 2 drill program has delivered outstanding gallium assay results, including multiple highgrade intercepts from near-surface, highlighting the scale and continuity of mineralization at Block 3.
Phase 2 drilling initial significant gallium intercepts (plan view) (refer previous announcement 18/04/2024). Image Credit: Nimy Resources
Highlights:
Outstanding results extend and infill the known mineralization with assays pending from the remaining Phase 2 (9 holes) and Phase 3 program (12 holes) near completion, first assays from the Phase 2 drilling program reveal high-grade gallium in the first four holes and include:
- NRRC137 – 240 m @ 55 g/t Ga2O3
- 56 m @ 101 g/t Ga2O3 from 60m
- Peak value: 1 m @ 285 g/t Ga2O3 from 115 m
- 4 m @ 126 g/t Ga2O3 from 188 m
- NRRC136 – 240 m @ 57 g/t Ga2O3
- 20 m @ 102 g/t Ga2O3 from 40 m
- Peak value: 4 m @ 141 g/t Ga2O3 from 56 m
- 36 m @ 104 g/t Ga2O3 from 112 m
- Peak value: 1 m @ 376 g/t Ga2O3 from 117 m
- NRRC135 – 240 m @ 30 g/t Ga₂O₃
- 28 m @ 59 g/t Ga2O3 from 216 m to end of hole
- NNRC134 – 240 m @ 37 g/t Ga2O3
- 8 m @ 108 g/t Ga2O3 from 144 m
- Peak value: 1 m @ 184 g/t Ga2O3 from 145 m
- 20 m @ 63 g/t Ga2O3 from 220 m to end of hole
The gallium runs from surface to end of hole depth of 240 m where it remains open, results provide strong evidence that Block 3 has the potential to capitalize on soaring global gallium demand.
Upon receipt of the final assays from the Phase 3 program, Nimy intends to calculate a maiden resource for release in the December quarter.
Exploration underway to identify extensions of chlorite schist which hosts the gallium; This schist has already been identified well beyond the known mineralization, highlighting the scope for ongoing growth in the discovery.
Nimy Managing Director Luke Hampson said: “The first assays received from phase 2 drilling at Block 3 indicate a continuation of high-grade gallium immediately east, west and south of our previously drilled high grade holes, including high grade intervals outside of our current exploration target. “These results give us confidence in our drilling strategy targeting a substantial high-grade gallium JORC resource, importantly drilling is demonstrating an extensive and coherent mineralized system. “With Phase 3 nearing completion and remaining Phase 2 assays due shortly, we are defining a globally significant gallium project capable of supporting in part the supply needs of the Western world”.
To read the announcement, please click here