Nimy Resources has defined a high-grade gallium Exploration Target in Western Australia and secured strategic partnerships to support supply to the US Department of Defense, positioning itself strongly in the critical minerals sector.
- 14.7Mt high-grade gallium Exploration Target at Block 3 East
- Non-binding collaboration agreement with M2i Global for US defense supply
- MoU signed with Curtin University to advance gallium research
- $1.15 million capital raise completed to fund exploration
- Ongoing drilling and metallurgical studies to underpin maiden JORC Resource
High-Grade Gallium Discovery in Western Australia
Nimy Resources has taken significant strides in advancing its gallium exploration at the Block 3 East prospect within the Mons Project, Western Australia. The company announced a high-grade Exploration Target of 14.7 million tonnes with gallium grades ranging from 39 to 78 grams per tonne, which is considered very high-grade by global standards. This target spans multiple mineralised geological domains and highlights the potential for a substantial resource.
Importantly, the highest gallium grades were recorded at depth, with saprock and schist domains reaching up to 174 grams per tonne, suggesting increasing grade with depth. Nimy plans to commence a follow-up drilling program in early May, aiming to refine geological understanding and progress towards a maiden JORC Resource estimate later this year.
Strategic Collaborations Bolster Development
Recognising the strategic importance of gallium, particularly in advanced technologies and defence applications, Nimy has entered into key non-binding agreements. A collaboration agreement with M2i Global, Inc. aims to support the supply of gallium to the United States Department of Defense. While the definitive terms are yet to be finalised, this partnership positions Nimy as a potential supplier within critical allied supply chains.
In parallel, Nimy signed a Memorandum of Understanding with Curtin University to advance research and development in gallium metallurgy and processing. This partnership leverages Curtin’s world-class expertise to enhance the technical pathways for gallium extraction and production, further underpinning Nimy’s ambition to become a key player in the global gallium market.
Funding and Ongoing Exploration
To support its exploration and development activities, Nimy completed a $1.15 million capital raise during the quarter, bolstering its cash position to $935,000 as of 31 March 2025. The company spent $394,000 on exploration and evaluation, including sample testing, geophysical work, and consulting fees. These investments reflect a methodical approach to advancing the Mons Project, which also includes ongoing studies at the Masson copper-nickel-PGE prospect.
With 17 granted tenements covering a significant area in a Tier 1 jurisdiction, Nimy is well placed to explore multi-commodity potential. The company’s collaboration with the CSIRO and other research bodies further enhances its technical capabilities and exploration success prospects.
Outlook and Market Positioning
Gallium is a critical mineral with growing demand driven by its applications in electronics, renewable energy, and defence technologies. Nimy’s high-grade discovery, combined with strategic partnerships and ongoing drilling, positions the company to capitalise on this demand, particularly as global supply chains seek non-Chinese sources.
While the Exploration Target remains conceptual pending further drilling and metallurgical results, the upcoming maiden JORC Resource will be a key milestone. Investors and analysts will be watching closely for updates on resource definition and the progress of commercial agreements, especially with US defense-linked partners.
Bottom Line?
Nimy’s next drilling results and formal resource estimate will be pivotal in confirming its role in the critical gallium supply chain.
Questions in the middle?
- When will Nimy release its maiden JORC Resource for the Block 3 East gallium prospect?
- What are the terms and timeline for finalising the definitive agreement with M2i Global?
- How will metallurgical test results influence the feasibility of gallium extraction and processing?