Nimy Resources identifies prospective conductor plates at Mons nickel project
Nimy Resources will include the new conductors in its diamond drilling program at Mons, which is underway.
A large-scale moving loop electro-magnetic (MLEM) survey by junior explorer Nimy Resources (ASX: NIM) has identified three conductor plates at the Mons nickel project in Western Australia.
The discovery at the Dease target is considered a significant result along the path to locating higher-grade disseminated and massive sulphide nickel zones.
The survey has now been expanded to cover a larger area of prospective ground along strike.
Earlier reverse circulation drilling by Nimy identified nickel sulphides in the same area of the project, indicating the likelihood of higher grade mineralisation.
Nickel sulphides
Nimy said the latest results would help ensure drilling specifically targeted higher-grade nickel sulphide mineralisation in the Komatiite host rock.
A soil geochemical signature of the ground above each plate will help determine the order in which the new targets will be drilled.
The current diamond drilling program will be adjusted to prioritise the new targets.
A detailed analysis of the conductive response (including three-dimensional rendering) to further define the plates is ongoing and the results will be released once finalised.
Mons strike length
The MLEM survey covered about 5% of the identified strike length at Mons.
Nimy has committed to undertaking a large-scale V-TEM (versatile time domain electromagnetic) aerial survey over the tenement to the north to find early electromagnetic identifiers for future MLEM surveys to cover.
The company said this strategy would enable a continuous and stepped exploration approach to efficiently test such a large prospective tenement holding.
World-famous nickel belt
The Mons project is located 140 kilometres north of Southern Cross and covers the Karroun Hill nickel district on the northern end of the world-famous Forrestania nickel belt.
It is situated within a large scale fertile Komatiite sequence within the Archean Murchison domain of the Youanmi Terrane of the Yilgarn Craton.
Nimy managing director Christian Price said the MLEM results were an “excellent start” to an exploration campaign which could systematically unlock the Karroun Hill Greenstone Belt region.
“Coupled with our previous reverse circulation drilling near the Dease target, these results confirm nickel sulphide fertility at Mons significantly enhance the large-scale potential of this project,” he said.
“With the expanded MLEM survey ongoing and diamond drilling well underway, we are set to generate strong news flow as we implement our strategy of systematic exploration.”