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An announcement from Nimy Resources Limited ( (AU:NIM) ) is now available.
Nimy Resources Limited has announced the definition of a gallium exploration target at its Block 3 Prospect within the Mons Project in Western Australia, estimating between 9.6 to 14.3 million tonnes of mineralised material with grades ranging from 39ppm to 78ppm Ga. This marks a significant milestone as the exploration target now includes high-grade zones, with potential for further expansion through additional drilling, and highlights the project’s growing importance in the global gallium exploration landscape.
More about Nimy Resources Limited
Nimy Resources Limited is a company operating in the mining industry, focusing on the exploration and potential extraction of gallium-rich mineral deposits in Western Australia. The company’s primary project is the Mons Project, where it is working to identify and develop high-grade gallium exploration targets.
YTD Price Performance: 123.08%
Average Trading Volume: 424,977
Technical Sentiment Consensus Rating: Sell
For detailed information about NIM stock, go to TipRanks’ Stock Analysis page.
