Nimy’s Godley prospect strikes very thick 427m interval at 0.14% nickel
Results of the first diamond holes at Godley provide a wealth of information, taking the Mons Project in Western Australia forward and vectoring towards higher grade nickel sulphides.
These two diamond holes represent not only the first deep drilling at the project, but act as a follow up to the reverse circulation campaign undertaken in October 2020 to a maximum depth of 220m.
The results confirm a significant body of potential nickel mineralisation and according to Nimy Resources (ASX:NIM) executive director Luke Hampson, they have also delivered an effective test for mineralisation, structure, lithology and basal contact.
Hole NRDD001 returned a substantial intersection of 368m at 0.14% nickel and 25.72% magnesium from within 12m to 395m while NRDD002 returned 427m at 0.14% nickel and 26.03% magnesium from within 19m to 456m.
“Dip and orientation are similar to the Forrestania model, and this will inform along with MLEM interpretation the upcoming drilling campaign as we target higher grade nickel sulphide accumulation,” Hampson says.
“The substantial intervals of nickel mineralisation also further the possibility of a large low – grade deposit similar to those progressing around the world cognisant of forecast supply shortages.
“Upcoming results from the Dease prospect are awaited in further vectoring toward the higher grades of nickel – concurrently the lithium anomalies will be examined.”
Nimy’s forward work plan at Godley includes completing MLEM survey analysis in conjunction with radiometrics, gravity, DEM data, drilling, geological mapping and modelling as well as geophysical datasets.
Nimy also references further follow up to be undertaken on potential lithium intercepts within the hole.
The Dease prospect has four diamond holes awaiting geochemical assay completion. Three of these are on moving loop conductors and one was drilled through the Dease Gossan, which assayed grades up to 0.96% nickel.
MLEM survey analysis is currently underway and will be coupled with structural interpretation, lithology and interpretation of geochemical results. This analysis will no doubt provide a better understanding of other targets across the tenement holding.
Nimy also reported previous intercepts up to 1.05% nickel across the tenement holding, demonstrating the district scale potential of the Mons Project.
With multiple targets to follow up, the Karroun Hill greenstone belt is shaping up to be Western Australia’s newest nickel sulphide province and stand alone in its own right, like the more established Kambalda, Leinster and Forrestania Belts.
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.