Nimy Resources: Pioneering Gallium Exploration in Western Australia

Nimy Resources Limited (ASX: NIM) is an Australian exploration company focused on unlocking the potential of its Mons Belt project in Western Australia. Located northeast of Perth, the 3,004 km² Mons Belt covers 17 tenements and represents a major discovery in the Yilgarn Craton, known for base and precious metals. The company recently secured AU$2.75 million through a share placement to accelerate drilling and resource definition at its high-grade gallium discovery at Block 3. The strong interest shown by institutional and strategic investors highlights their trust in Nimy Resources' exploration approach and long-term potential. With gallium prices soaring due to global supply constraints, Nimy aims to supply critical industries such as semiconductors and defense. Ongoing activities include metallurgical testing, offtake discussions, and the advancement of a maiden JORC resource. Collaborations with institutions like Curtin University and CSIRO underline Nimy’s scientific approach to exploration, strengthening its position as a key player in Australia’s critical minerals sector.

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