Nimy Resources identifies further upside at Mons nickel project after MLEM survey review
At least three modelled EM conductor plates have been identified at the Dease Gossan prospect, which will be prioritised for follow-up work including drilling.
Nimy Resources (ASX: NIM) has firmed-up further anomalies following an ongoing data review from a first pass moving loop electromagnetic (MLEM) survey across its Mons nickel project in Western Australia.
The survey was completed across a large area where ultramafic rocks returned up to 1.05% nickel.
With analysis continuing, Nimy has prioritised three prospect areas for EM conductor plates, with the targets underpinned by drilling and soil geochemical anomalies along strike.
A review of the MLEM data has found the Dease Gossan prospect contains at least three modelled EM conductor plates, which follow the shape of outcropping gossan and begin at about 180m below surface.
A previous diamond hole NRDD005 passed between plates two and three and unearthed nickel sulphide pentlandite.
Commenting on the MLEM findings, Nimy executive director Luke Hampson said the Dease Gossan prospect would be the company’s highest priority in the next exploration stage.
“The combination of gossan outcropping, nickel sulphide mineralisation in diamond hole NRDD005 which passed between plates two and three, and anomalous drill intervals of up to 1m at 1.05% nickel increase our confidence in the prospect,” he added.
Other EM conductor plates identified
Over at the North Lake prospect, one EM conductor plate was modelled. However, there’s been no drilling close to the plate, with one hole about 2.9km north and along strike intercepting 1m at 0.6% nickel.
Nimy has completed soil sampling across the EM anomaly, and a portable XRF (pXRF) has recorded nickel in soil near the EM plate, with samples submitted for analysis.
The company noted the North Lake plate was associated with a discrete magnetic high.
Also containing one modelled EM conductor plate is the North Tip prospect, which 3.5km along strike of North Lake.
A hole drilled 600m north and along strike of the plate uncovered 1m at 0.6% nickel.
Nimy is currently undertaking soil sampling over this EM conductor.
Mr Hampson said the identification of these other EM conductors at North Lake and North Tip provide “further cause for optimism”.
“We are dealing with a large, mineralised nickel system and expect further prospects to emerge as we move through the EM data foreshadowed by the 17 anomalies identified thus far.”
Upcoming exploration work
Nimy will continue to review data generated by the MLEM survey using a slingram configuration and SQUID EM sensor.
This will feed into drill hole planning and applications for programs across Dease Gossan, North Lake and North Tip.
At this stage, Nimy plans to complete about 2,000m of reverse circulation drilling across the three prospects.
The company will also finish MLEM survey analysis across the entire dataset and continue to assess the wide Mons project using surface geochemistry methods.