Announcement Date: 2022-10-18
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Nimy Resources Ltd.
Project name: Mons
Location: Australia
Commodities: Copper,Nickel,Iron,Cobalt
Highlight: Drilling results incl. 226m at 0.16% Ni, 0.01% Cu, 0.01% Co, 8.11% Fe
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Diamond hole NRDD005 (see Table 1) has returned anomalous nickel assays within and directly below the gossan find. Full detail of significant intersects can be seen within Table 2. The location of potential primary sulphide ore will be investigated with new DHEM survey with adjusted EM transmitter loop position and a MLEM Slingram survey enabling the area of interest to be surveyed for an EM response (see Figure 5). Geophysical consultants from Resource Potentials in Perth have recently been engaged to model the existing MLEM and DHEM data. Initial studies indicate possible EM anomalism within the current data. However, Resource Potentials recommend further detailed surveys to generate more definitive analysis and modelling of the anomalies. The further modelling will be assisted by recent structural interpretation indication potential mineralisation will be near vertically dipping (ASX 27/09/2022 Substantial Nickel Sulphide Mineralisation at Godley). This work is to be undertaken as a matter of priority.
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