The Mons project lies at the northern end of the Forrestania nickel belt of Western Australia and covers 1,761 sq km.
The area has been explored previously for gold and other metals but not for nickel, due to depressed nickel prices at the time of that activity.
This first diamond hole represents the deepest drilling undertaken to date in this region, the company says.
The results will add “considerable” stratigraphic and lithological information to allow Nimy to extend its understanding of the prospective mineralisation.
While nickel and copper mineralisation was confirmed by portable x-ray fluorescence analysis (pXRF), assays are pending on the diamond drilled core.
“The xPRF results of this diamond drill hole highlight the significant prospectivity of the district and the potential for nickel sulphide mineralisation across the greater Mons project,” the company added.
This new drill program used a previous 115m reverse circulation hole and has now increased the known mineralised zone to a depth of 375m.
Nimy reports that a second diamond hole has been completed with interpreted results pending.
Nimy Resources describes as its vision the discovery and development of an economic nickel sulphide project in a Tier 1 jurisdiction.
The explorer has prioritised the development of the Mons Project, a district-scale landholding consisting of 12 tenements, covering an area over 1,761sqkm along an 80km north/south strike.
Mons is located 140km north of Southern Cross and covers the Karroun Hill Nickel district on the northern end of the world-famous Forrestania nickel belt. Mons features a very similar geological setting to the southern end of the Forrestania belt and the Kambalda nickel belts.
Nimy says the project is situated within a large scale fertile “Kambalda-Style” and “Mt Keith-Style” Komatiite sequences within the Archaean Murchison Domain of the Youanmi Terrane of the Yilgarn Craton.
The company has identified 30 targets across six target areas.
