Nimy Resources Limited Completes High-Grade Block 3 Gallium Drilling, Paving the Way for a Maiden Resource in Q4 2025
Friday, June 20, 2025
at
8:58 am
Nimy Resources Limited completes a successful high-grade gallium drilling campaign at its WA site. Early assay results are promising, with further outcomes expected soon, setting up the stage for a maiden resource estimate in Q4 2025—an exciting milestone for emerging investors.
Nimy Resources Limited has announced the completion of an extensive drilling campaign at its Block 3 Gallium Prospect in Western Australia. The campaign, comprising 25 RC drill holes over a distance of 5,944 metres, was designed to infill and extend the earlier outlined exploration target. Early assay results from four of these holes have returned high-grade gallium, with additional assay outcomes from 21 holes still pending. These encouraging technical indicators reinforce the company’s strategic momentum as it advances toward the calculation of its maiden resource, expected in the December quarter of 2025.
The successful drilling phase represents a critical milestone in Nimy Resources Limited’s broader exploration portfolio, which includes significant opportunities within its Mons Belt discoveries. The project spans a vast region characterized by mafic and ultramafic sequences and holds promise not only in gallium but also in base metals such as copper, nickel, cobalt, gold, and PGEs. This multi-commodity potential is enhanced by collaborations with research institutions and industry partnerships, underlining the company’s methodical, science-based approach to exploration and shareholder value creation.
Market sentiment on the update appears mixed. On the bullish side, the high-grade gallium assay results and the rapid newsflow from successive drilling updates suggest a strong potential for value creation. Investors may find reassurance in the structured timeline leading to the maiden resource and the extensive exploration potential across the Mons Belt. Conversely, the bearish perspective highlights the inherent uncertainties of pending assay results and forward-looking statements, which carry risks typical of early-stage exploration ventures. As always with junior resource companies, further confirmation of the resource and subsequent market conditions remain key to long-term investor confidence.