Nimy Resources Limited Uncovers Block 3 Gallium Breakthrough – 462g/t Assays, Maiden JORC Resource, and Global Offtake Prospects Propel Investment Opportunity

Friday, July 4, 2025
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Nimy Resources Limited reports outstanding gallium assay results at its Block 3 project in Western Australia, confirming extended, consistent mineralisation. These encouraging findings reinforce the company’s potential to tap into rising global demand for gallium, setting the stage for further resource expansion.

Nimy Resources Limited has released strong new gallium assay results from its Block 3 drilling program in Western Australia, highlighting significant intersections of gallium mineralisation from surface to end of hole. Four additional drill holes have returned high-grade results, with one hole recording up to 462g/t Ga₂O₃ over a 1‐metre interval, while other intervals show consistent grades in the range of 33–105g/t Ga₂O₃ over widths up to 240 metres. The assays, including detailed results from holes NRRC138, NRRC139, NRRC140, and NRRC141, extend the mineralised area to approximately 450m by 300m and confirm strong continuity within the deposit. Moreover, gallium mineralisation remains open along strike and at depth, indicating substantial potential for resource expansion. The company is gearing up for the maiden JORC Resource estimate expected in the early December quarter, with results pending from another 17 holes (totaling 4026 metres) that will contribute to defining the full extent of the Block 3 discovery. Managing Director Luke Hampson expressed optimism about the outcomes, emphasizing that the robust and continuous near-surface and deeper mineralisation not only underscores the quality of the discovery but also positions Block 3 as a viable standalone gallium project. Discussions are underway with potential U.S. and European off-take partners and funding counterparties, a move that underscores the growing global demand for gallium in state-of-the-art applications. In the broader strategic context, Nimy Resources is pursuing the development of its Mons Project within an expansive district-scale discovery. The Mons Belt spans multiple tenements over a large area in Western Australia and is being viewed as a multi-commodity prospect with additional potential in base metals, gold, and other minerals. This approach demonstrates the company’s commitment to creating shareholder value through systematic exploration, resource definition, and eventual processing and export capabilities. Bullish sentiment arises from the high-grade assay results that demonstrate both breadth and depth of gallium mineralisation, reinforcing confidence in the potential economic viability of the Block 3 project. The ongoing drilling program, forthcoming resource estimate, and active discussions with international partners accentuate the company's positive outlook in capturing a share of the surging global gallium market. However, bearish considerations include the inherent execution risks associated with exploration projects, the uncertainty tied to the pending assay results, and challenges in converting mineral discovery into a fully developed and operational mining asset. Investors are advised to weigh these factors when assessing the company’s near-term prospects.

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