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Nimy Resources Limited (ASX:NIM)

ALERT: Price-sensitive ASX Announcement for NIM
Current share price for NIM : $0.044 -0.036 (-45%)+
Announcement
Release
15 Oct 2025 9:06AM
Price at Release
$0.080
Full Release
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Summary
Nimy Resources Limited is undertaking an extensive surface geochemical sampling program to extend mineralisation zones for gold, copper, and gallium at its Mons Critical Mineral Project in Western Australia. The program includes 2,817 samples across various targets identified for gold, copper-nickel-platinum group elements, and copper-zinc-gold mineralisation. Additionally, airborne magnetic surveys are set to begin in late October, focusing on high-resolution data acquisition over Masson, Sneaky Squirrel, and Block 3 areas to aid in exploration and modelling efforts. These initiatives aim to build upon recent promising base metal discoveries and potentially expand resources, including high-grade gallium findings.
Key Points
  • Nimy Resources is conducting a surface geochemical sampling program.
  • Targets include gold, copper-nickel-platinum group elements, and copper-zinc-gold mineralisation.
  • Airborne magnetic surveys will cover Masson, Sneaky Squirrel, and Block 3.
  • The aim is to extend mineralised zones and enhance exploration targets.
  • Initial results include promising base metal discoveries and high-grade gallium.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.