Nimy Resources Limited (AU:NIM) has released an update.
Nimy Resources Limited reports significant findings of high-grade gallium at Block 3 East within its Mons project, with drill results showing extended intervals of the rare metal accompanied by anomalous rare earth mineralisation. The latest drilling campaign revealed consistent high-grade gallium intersections, some exceeding 100ppm Ga₂O₃, indicating the potential for stand-alone commercial value. The company has further assays planned to fully determine the suite of rare earth elements present.
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