Nimy Resources Limited (AU:NIM) has released an update.
Nimy Resources Limited reports significant findings of copper, gold, silver, and rare earth minerals at its Mons Project’s Block 3 site, indicating the potential for a valuable VMS (volcanogenic massive sulphide) discovery. With drilling revealing high-grade gallium, an element critical in semiconductors, the company’s exploration strategy includes further geophysical surveys to delineate the extent of these mineralized zones. The discoveries emphasize the prospectivity of Nimy’s 3004km² holding within a newly uncovered greenstone belt, suggesting a promising outlook for resource expansion.
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