Nimy Resources Advances Gallium and Rare Earth Development at Mons Project
Source: Kapitales Research
Nimy Resources Limited (ASX: NIM) has achieved promising early-stage processing outcomes from metallurgical testing of gallium and rare earth mineralisation at Block 3 within its Western Australian Mons Project. Early testwork achieved gallium extraction of 84%, while rare earth recoveries ranged between 80% and 95%. The findings establish a solid technical basis for advancing process development while contributing to the continued assessment of Block 3 through the Scoping Study.Block 3 contains a JORC Inferred Resource of 64.3 million tonnes at 42g/t Ga₂O₃, containing approximately 2,700 tonnes of gallium trioxide and 32,600 tonnes of total rare earth oxides at a 20g/t cut-off.Nimy is now progressing beneficiation studies, flowsheet optimisation and metallurgical characterisation alongside Curtin University and Strategic Metallurgy. The company is also engaging potential offtake partners and conducting soil sampling to identify additional high-grade gallium targets across the project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Nimy Resources Advances Gallium and Rare Earth Development at Mons Project
Nimy Resources Limited (ASX: NIM) has achieved promising early-stage processing outcomes from metallurgical testing of gallium and rare earth mineralisation at Block 3 within its Western Australian Mons Project. Early testwork achieved gallium extraction of 84%, while rare earth recoveries ranged between 80% and 95%. The findings establish a solid technical basis for advancing process development while contributing to the continued assessment of Block 3 through the Scoping Study.Block 3 contains a JORC Inferred Resource of 64.3 million tonnes at 42g/t Ga₂O₃, containing approximately 2,700 tonnes of gallium trioxide and 32,600 tonnes of total rare earth oxides at a 20g/t cut-off.Nimy is now progressing beneficiation studies, flowsheet optimisation and metallurgical characterisation alongside Curtin University and Strategic Metallurgy. The company is also engaging potential offtake partners and conducting soil sampling to identify additional high-grade gallium targets across the project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au