Nimy Resources (ASX:NIM) reports it has returned anomalous nickel and ‘significant’ copper from recent drilling at the Dease gossan prospect within the Mons Nickel Project in Western Australia.
Nimy reports diamond hole NRDD004 returned anomalous nickel assays with the hole finishing at 871m in nickel mineralisation from 384m. Significant copper was also returned at regular intervals down the hole.
The best Ni-Cu interval was 2m @ 0.13% Ni, 0.21% Cu, 104ppm Co and 27.69% MgO (438 – 440m).
Diamond hole NRDD006 is interpreted to have drilled down the contact intersecting significant nickel intermittently down the hole until 454m whereby the hole continues to 571m (end of hole) in nickel mineralisation.
Nimy reports there is significant copper accompanying nickel from 512-515m. The best Ni Cu interval was 1m @ 0.10% Ni, 0.10% Cu, 71ppm Co and 19% MgO (512-513m).
Addressing the results, Nimy Resources Executive Director Luke Hampson says: “The Nimy exploration strategy is targeting significant high grade nickel massive sulphides and large low grade nickel sulphide deposits within komatiite flows.
Hole NRDD004 collared approximately 1.2kms along strike south of the Dease gossan prospect is further evidence of a potentially large, mineralised nickel system at Mons. The hole is open at a depth of 871 metres.
The consistency of NiS mineralisation associated with MgO mineralisation shows we are in a large komatiite system and are now methodically working towards where the Ni is concentrated. Nimy is well on the way to establishing a significant nickel province across the 2,564km-square tenement holding.”
The company’s forward work plan starting in January at the Dease prospect comprises a DHEM survey of NRDD005 using adjusted transmitter loop position, as well as a MLEM Slingram survey of the gossan area (1.04km-square).
Nimy will also start drillhole planning at the Dease Gossan and will start target generation and drillhole planning at the greater Dease prospect, among other works.
Nimy Resources is an emerging exploration company, with the vision to responsibly discover and develop an economic nickel sulphide project in Western Australian, a Tier 1 jurisdiction.
The company has prioritised the development of the Mons Project, a district scale land holding consisting of 15 approved tenements, over an area of 2,564km² covering an 80km north/south strike of ultramafic.
Mons is located 140km north-northwest of Southern Cross and covers the Karroun Hill nickel district on the northern end of the world-famous Forrestania nickel belt. Mons features a similar geological setting to the southern end of the Forrestania nickel belt and the Kambalda nickel belt.
Write to Adam Orlando at Mining.com.au
Images: Nimy Resources Ltd & iStock
