Nimy Resources wins CSIRO support for regolith research on Mons gallium

• Nimy Resources secures access to research expertise and $50k in funding under CSIRO’s Kick-Start program
• Collaboration to increase understanding of in-situ and transported regolith at Mons project
• Project will develop geomorphic model over Block 3 gallium prospect and develop a regolith atlas

Special Report: Nimy Resources has reached an agreement with Australia’s national science agency CSIRO and its Kick-Start program to start a Regolith Research study.

This enables access to CSIRO’s research expertise to extend investigations into the gallium prospectivity of the company’s Mons project in WA.

Cutting edge machine learning and scientific expertise will be used to improve Nimy Resources’ (ASX:NIM) understanding of in-situ and transported regolith at Mons and how gallium and associated pathfinders move through these environments.

It seeks to achieve this by developing a geomorphic model over the Block 3 gallium prospect, incorporating drill data and integrating it with the previously developed machine-learned landscape type model.

The project also seeks to develop a regolith atlas and will receive matched funding totalling $50,000 from the Kick-Start program.

“We are pleased to commence further collaborating with CSIRO, Australia’s national science agency,” managing director Luke Hampson said.

“The focus of the project will be on the Block 3 Gallium Prospect, building upon the recently developed CSIRO LandScape+ Model, to develop a more refined geomorphic province model.

“This is an important collaboration for Nimy, our exploration findings from the studies will assist in targeting on both an individual deposit and regional scale, focusing on additional high-grade gallium resource tonnes.”

Mons project

The Mons project covers 3004km2 of the Mons greenstone belt, just north of Southern Cross and 370km northeast of Perth.

While exploration carried out since 2022 uncovered anomalous levels of bismuth, molybdenum, silver, gold, rare earth elements, lithium, nickel, copper, cobalt and iron ore, the market was energised by the discovery of gallium at Block 3.

Drilling at the prospect has consistently delivered grades above 100g/t gallium, which is prized for its use in semiconductors, transistors, LEDs, computer chips and defence applications.

This also led to the definition of a maiden resource of 7.23Mt grading an extremely high 102g/t gallium trioxide and 538ppm total rare earth oxides, or contained resources of 740t Ga2O3 and 3890t TREO.

This is based only on material within the oxide and transition zones down to a maximum depth of ~100m.

CSIRO’s Kick-Start program is designed to support innovative Australian start-ups and businesses.

It provides matched funding support and access to CSIRO’s research expertise and capabilities, facilitating business growth and development.

Results from the program will be integrated into a larger research and development collaboration with other government, university, and specialist consultant groups.

By combining advanced techniques with established methods, it is poised to enhance exploration efficiency, paving the way for new discoveries of critical resources such as gallium, nickel, copper, cobalt, silver, gold and REEs, driving further advancements in the field.

This article was developed in collaboration with Nimy Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.