The soil geochemistry program has outlined three parallel gold trends at the Masson, Masson North East, and Thompson prospects within the Mons project area in the Murchison Domain of Western Australia.
The sampling also identified a large area of potential VHMS-hosted copper-zinc-silver mineralisation at Masson North East, with two more zones identified at central and southeast Thompson.
“These strong soil sampling results provide yet more evidence of the immense prospectivity of Mons,” Nimy Resources (ASX:NIM) managing director Luke Hampson said.
“We have now outlined several major gold anomalies, all featuring key pathfinder elements and highly promising geological characteristics.
“We have also identified an extremely prospective copper-zinc-silver anomaly with the potential to host VHMS-style mineralisation.
“Detailed ground geophysics commence this week to refine the base metal targets ahead of drilling.”
The latest finds follow two large gold anomalies identified at Corporate James and Corporate James South, which expanded the mineralised trend to over 16km.
Gold prices may be off January highs beyond the US$5500/oz mark but bullion remains elevated at around US$4400/oz – and UBS says it could be knocking on the door of US$5000 again in H1 CY27.
Nimy has completed an extensive soil sampling program with 4594 soil samples analysed to date, covering the prospects and some regional lines.
The program returned a suite of pathfinder elements, confirming the prospectivity of the Masson-Masson NE-Thompson corridor for both gold and base metal mineralisation styles.
These included arsenic, bismuth, molybdenum, antimony, tellurium, silver, cobalt, copper, nickel, lead, and zinc.
To date, sampling of multiple parallel potentially mineralised trends covering approximately 18km strike length has been completed.
It was gold and pathfinder anomalism – specifically arsenic, molybdenum, antimony, and tellurium – that identified the three parallel NNW-SSE potentially gold mineralised trends within the Masson-Thompson prospects area.
Base metal and pathfinder anomalism also identified a large area of potential VHMS-hosted copper-zinc-silver mineralisation at Masson NE, with two more discrete zones of anomalism identified at central and southeast Thompson.
There was also an area of copper-cobalt anomalism at Thompson, where drilling would be needed to identify the potential mineralisation host style.
Nimy Resources says it is extremely encouraged by these positive results and is planning another soil sampling program to determine the full extent of the polymetallic finds.
Based on the levels of base and precious metal anomalism returned so far, NIM anticipates further potential mineralisation to the north-northwest (330°) and south-southeast (150°).
That would mean the prospective trends remain open along strike in both directions.
Other elements of commercial interest to NIM, namely rare earth elements and gallium, are also being assessed to determine their mineralisation prospectivity.
How this could tie in with Nimy’s Block 3 Inferred Resource of 7.23Mt at 102 g/t gallium trioxide and 538ppm total rare earth oxides could be pivotal.
Australia is positioning itself to break China’s near-monopoly on the supply of gallium, a vital critical mineral for semiconductors, AI hardware, and defence systems.
Targeting base and precious metals, ground electromagnetic (EM) surveys will start this week over Masson, Masson NE, Sneaky Squirrel and the Mons gallium project Block 3.
Results from the survey will be integrated with the soil geochemistry, existing VTEM data, airborne magnetics and gravity data to set drill targets across the Mons project.
Extensional and infill soil geochemistry sampling will follow up open anomalism along strike.
After that comes the finalisation of a maiden drill plan across priority targets within the interpreted corridors.
