Nimy Resources has uncovered a second significant gold anomaly at its Mons Project in Western Australia, expanding the prospective gold corridor to around 16 kilometres and setting the stage for a maiden drill campaign in the coming quarter.
- Second major gold anomaly identified 3.6km from original Corporate James Prospect
- Multi-element soil assays confirm orogenic and intrusion-related gold signatures
- Gold corridor now extends approximately 16km and remains open along strike
- Drill program design updated to include new anomaly and broader trend
- Maiden gold drilling planned for Q3 2026 at Mons Project
Second Major Gold Anomaly Emerges at Mons Project
Nimy Resources (ASX:NIM) has expanded the gold potential at its Mons Project in Western Australia with the discovery of a second large gold-in-soil anomaly. This new anomaly, dubbed Corporate James South, lies 3.6 kilometres south-west of the previously announced Corporate James Prospect, effectively enlarging the footprint of priority drill targets ahead of a planned maiden gold drilling campaign in the third quarter of 2026.
The discovery was made through a targeted soil sampling program that returned consistent multi-element assays, including gold alongside pathfinder elements such as arsenic, antimony, bismuth, molybdenum, tellurium, tungsten, and silver. These geochemical signatures align with orogenic and intrusion-related gold mineralisation styles, reinforcing the prospectivity of the Mons Greenstone Belt.
Gold Corridor Extends Over 16 Kilometres and Remains Open
The Corporate James Trend, which hosts both anomalies, now stretches over an anomalous gold corridor of approximately 16 kilometres. The spatial relationship of the new south-western anomaly to the granite-greenstone contact mirrors that of the original Corporate James Prospect, suggesting a coherent geological control over mineralisation. Notably, the corridor remains open-ended along strike, indicating further exploration upside within the largely underexplored Mons Belt.
Soil samples were collected at 50-metre intervals along lines spaced between 400 and 1200 metres, with assays conducted using Labwest’s Ultrafine™ method, a partial digest technique suitable for the sample media. The sampling technique and quality control procedures meet industry standards, with results currently being verified and additional assay batches expected in the coming weeks.
Drill Program Design Advances to Test Expanded Targets
In response to the expanded anomaly footprint, Nimy has updated its drill program design to incorporate both the original Corporate James Prospect target zone; characterised by a 720-metre north-south strike with the highest anomaly density; and the newly defined Corporate James South anomaly. The program will also target selected high-priority zones within the broader trend corridor.
Managing Director Luke Hampson emphasised the significance of the new results: "These are more extremely promising results which further highlight the strong gold potential emerging at Mons. They confirm that the Corporate James Gold Prospect does not stop at the edge of our original discovery. Finding a coherent, multi-element anomaly 3.6km to the south-west tells us the corridor is larger than initially mapped and reinforces our confidence in the scale of this discovery."
The company is advancing drill preparations swiftly, aiming to commence drilling in Q3 2026. This gold exploration effort complements ongoing metallurgical and geophysical studies at other Mons Project targets, including Masson and Sneaky Squirrel, as well as a gallium scoping study, positioning the second half of 2026 as a pivotal period for Nimy.
Mons Project Positioned as a New Gold Frontier in WA
Situated roughly 140 kilometres north-northwest of Southern Cross, the Mons Greenstone Belt is a district-scale discovery spanning about 80 by 30 kilometres. It offers a multi-commodity exploration opportunity, with previous discoveries including copper, nickel, cobalt, gold, platinum group elements, and high-grade gallium. The belt remains largely underexplored, with the Corporate James Trend representing one of the most compelling gold targets identified to date.
Soil sampling and geophysical surveys continue to delineate mineralisation trends, with Nimy collaborating with the CSIRO to better understand the lithology and mineralisation styles within the belt. The company's methodical, science-based approach aims to unlock shareholder value through systematic exploration and resource definition.
Bottom Line?
Nimy’s expanded gold anomaly at Mons significantly broadens drill targets, but investors should await drilling results to confirm economic potential.
Questions in the middle?
- Will drilling confirm the continuity and grade of gold mineralisation at Corporate James South?
- How might the expanded gold corridor influence Nimy’s resource estimates and project valuation?
- What impact will concurrent metallurgical and geophysical studies have on prioritising future targets?