Nimy Resources Targets Gold Growth and Gallium Processing at Mons Project

Gold Exploration Accelerates with Corporate James Priority

Nimy Resources (ASX:NIM) has identified a robust gold soil anomaly corridor stretching approximately 16 kilometres at its Mons Project in Western Australia, spotlighting a new priority target named Corporate James. This discovery, based on over 3,000 soil samples collected since late 2025, reveals a coherent gold anomaly running parallel to the eastern granite-greenstone contact, with the trend remaining open and untested for an additional 85 kilometres.

The Corporate James prospect stands out with the highest gold anomalies along a 720-metre north-south strike, supported by pathfinder elements such as arsenic, antimony, bismuth, molybdenum, silver, tellurium, and tungsten. This geochemical signature bolsters the prospect's potential for orogenic and intrusion-hosted gold mineralisation. A second anomaly, Corporate James South, was recently discovered 3.6 kilometres southwest, sharing the same geological and geochemical characteristics, effectively expanding the drill target footprint.

Gallium Processing Research Secures Strategic Funding

In a significant development for critical minerals, Nimy Resources and Curtin University have secured $550,000 from the Minerals Research Institute of Western Australia (MRIWA) to advance a two-year gallium processing research program. This project aims to establish Australia’s first domestic gallium processing capability, addressing the strategic imperative of reducing reliance on foreign producers concentrated in non-western aligned countries.

Gallium, vital for semiconductors, LED lighting, solar panels, and defence electronics, is currently sourced predominantly overseas. The research, led by Curtin’s Dr Jonah Gamutan, will progress through mineral characterisation, extraction and purification technologies, and compound production optimisation. This initiative complements Nimy’s existing high-grade gallium resource at Mons Block 3, which hosts a maiden inferred resource of 7.23 million tonnes at 102 grams per tonne Ga2O3 (70g/t cut-off).

September Quarter Work Program and Financial Position

Looking ahead, Nimy plans an extensive ground base metals electromagnetic (EM) survey across multiple high-priority prospects within the Mons Greenstone Belt. A drilling campaign targeting the Corporate James gold prospect is scheduled for the September quarter, incorporating the newly identified southern anomaly and other priority zones along the 16-kilometre corridor.

Metallurgical test work continues with a focus on producing a high-grade gallium concentrate from the Block 3 inferred resource. The company is also progressing a scoping study on this resource and expanding ultrafine surface geochemical sampling to identify additional gallium, gold, and base metal targets. Parallel efforts include developing U.S. market participation opportunities for gallium product sales.

Financially, Nimy closed the quarter with $3.92 million in cash, having spent $677,000 on exploration activities including sample testing, geophysical surveys, contract labour, and tenement costs. The Mons Project’s tenement package spans 17 granted and 10 pending tenements across Western Australia, covering over 3,100 square kilometres in a newly recognised greenstone belt with multi-commodity potential.

Strategic Implications for Nimy Resources

The combination of strong gold soil assays and the strategic gallium processing research positions Nimy Resources at the forefront of critical minerals exploration in Western Australia. The expanding gold corridor and prioritised drill targets at Corporate James offer potential for meaningful resource growth, while the gallium project addresses a critical supply chain vulnerability for advanced technology sectors.

As the company advances its maiden drilling campaign and metallurgical studies, the market will be watching closely how these initiatives translate into resource upgrades and commercial pathways. The integration of scientific research with exploration underscores Nimy’s methodical approach to unlocking value in the Mons Greenstone Belt, a region with significant untapped potential.