Block 3 Gallium Project Yields 240m Intersections Averaging Over 30g/t Ga2O3
Nimy Resources reports outstanding high-grade gallium assay results from Phase 2 drilling at its Block 3 Gallium Project in Western Australia, reinforcing its potential as a world-class resource ahead of a maiden JORC estimate.
- High-grade gallium assays up to 462g/t Ga2O3 from Phase 2 drilling
- Mineralisation extends over 450m by 300m area with strong continuity
- All four recent drill holes intersected gallium from surface to end of hole
- Maiden JORC Resource estimate scheduled for early December quarter 2025
- Ongoing discussions with US and European offtake and funding partners
Strong Gallium Results Bolster Block 3 Prospects
Nimy Resources (ASX – NIM) has released a fresh tranche of high-grade gallium assay results from its Phase 2 drilling campaign at the Block 3 Gallium Project in Western Australia. The latest four drill holes have returned impressive intersections, including a standout 1 metre interval grading 462 grams per tonne of gallium oxide (Ga2O3). These results extend the known mineralised footprint to an area measuring approximately 450 metres by 300 metres, confirming strong continuity of gallium mineralisation from surface to the end of each hole.
Implications for Resource Development
The consistent near-surface and deeper mineralisation encountered across all four holes underscores Block 3's potential to evolve into a standalone gallium project. With assays pending from an additional 17 holes, the company is on track to deliver its maiden JORC Resource estimate in the early December quarter of 2025. This milestone will be critical in defining the scale and quality of the deposit, providing a foundation for further development and investment decisions.
Strategic Positioning Amid Rising Demand
Gallium is increasingly sought after for its applications in semiconductors, LEDs, and emerging technologies, driving surging global demand. Nimy Resources is actively engaging with potential offtake partners in the United States and Europe, as well as funding counterparties, to position Block 3 as a key supplier in this expanding market. The company’s exploration efforts continue to focus on extending the chlorite schist host zones along strike, aiming to grow the resource base further.
Broader Context of the Mons Belt Discovery
Block 3 sits within the Mons Belt, a newly identified greenstone belt in Western Australia that spans roughly 80 by 30 kilometres. This district-scale discovery offers multi-commodity potential, with Nimy also exploring for copper, nickel, cobalt, gold, and platinum group elements in the region. The collaboration with research institutions such as CSIRO and Curtin University highlights the scientific rigour underpinning the company’s exploration strategy.
Outlook and Next Steps
Managing Director Luke Hampson emphasised the significance of the results, stating that Block 3 is emerging as a major gallium find with the potential to capitalise on global demand. With further assay results imminent and ongoing discussions with strategic partners, Nimy Resources is well-positioned to advance its project towards resource definition and eventual development.
Bottom Line?
As Nimy Resources advances towards its maiden JORC resource, all eyes will be on upcoming assay results and strategic partnerships that could unlock Block 3’s full potential.
Questions in the middle?
- How will the pending assay results from 17 holes impact the overall resource estimate?
- What are the timelines and terms for potential offtake and funding agreements?
- How might global gallium market dynamics influence Nimy’s project development strategy?