The nickel-bearing gossan was found within the newly constructed diamond drilling sump at the Dease target and returned a peak portable XRF (pXRF) reading of 0.96% nickel.
This sump was constructed to 3m by 6m and terminated at a 1.2m depth. A total of 17 pXRF readings of the exposed gossan returned anomalous values of nickel, copper and cobalt.
The exposed gossan is close to three existing reverse circulation holes that contained nickel to 220m depths.
Image Resources (ASX: IMA) also previously explored the target for gold in 2004-2005 and intersected elevated nickel with a best interval of 4m at 0.77% nickel from 8m, including 1m at 1.05% nickel.
A recent moving loop electromagnetic survey at Mons identified a 300m conductor plate at Dease.
Nimy chairman Simon Lill said the discovery of mineralised nickel gossan was an “unexpected validation” of the company exploration strategy at Mons.
“The Dease target consists primarily of sand plain and typically no outcropping rocks have been encountered.”
“Work has commenced to test the extent of this near surface mineralisation,” Mr Lill said.
This will involve a broad space surface geochemical sampling campaign over the gossan target to determine its extent.
Mons comprises 12 tenements covering 1,761 square kilometres of land about 140km north of Southern Cross in WA.
The project is within the Karroun Hill nickel district and the world-renowned Forrestania nickel belt.
According to Nimy, Mons has a similar geological setting to the southern end of the Forrestania belt and the Kambalda nickel belt.
The Dease target within Mons encompasses 3.5sq km.
About 80km of strike has been identified across Mons.
Nimy made its way onto the ASX in November last year after raising $6 million in its IPO.
Exploration kicked-off at Mons after the ASX listing with Nimy managing director Chris Price saying the company was “moving quickly” to unlock the project’s full potential.
