Nimy Resources (ASX:NIM) has announced the identification of an extensive outcropping anomaly containing copper, zinc, gold, lead, molybdenum, and bismuth mineralisation at the newly discovered Sneaky Squirrel Gossan Prospect within its Mons Project in Western Australia.
The gossan geochemistry from Sneaky Squirrel is notably analogous to the Gossan Hill volcanogenic massive sulphide (VMS) discovery at the world-class Golden Grove deposit in Western Australia.
Surface sampling has been encouraging, with 34 rock chip samples returning highly anomalous values including copper up to 1,099 ppm, zinc up to 4,477 ppm, gold up to 817 ppb (0.82 g/t), lead up to 512 ppm, molybdenum up to 127 ppm, and bismuth up to 126 ppm.
Surface gold anomalies, such as sample NRR00050 recording 817 ppb gold, are localised to an area of quartz stockwork outcropping 45 metres east of the gossan exposure.
Copper-zinc anomalies have been detected along 93 metres of a 302-metre strike of intermittent gossan outcropping, which remains open for further exploration.
Additional samples from along strike have been submitted for geochemical assay.
Four reverse circulation (RC) drill holes beneath the anomaly returned broad intersections of low-grade copper and zinc with a higher-grade core of anomalous copper-zinc sulphide mineralisation.
This mineralisation aligns with the dip and orientation of the surface gossan, consistent with a VMS system.
At the Golden Grove deposit, it is typical for lower-grade copper and zinc lodes to appear near the surface, with high-grade massive sulphides occurring at depth.
Historic ground magnetic surveys show a high magnetic response coinciding with the gossanous outcrop and drilled mineralisation, suggesting the presence of magnetite-rich zones indicative of deeper VMS copper mineralisation similar to Golden Grove.
The Mons Project, located near Southern Cross, also includes the Block 3 gallium discovery, where Nimy Resources is on track to publish a maiden JORC resource in the coming quarter.
Nimy Managing Director Luke Hampson commented: “The discovery of copper zinc anomalous gossans at Sneaky Squirrel validate the prospect as a serious VMS exploration target.
“Initial drill testing indicates copper zinc mineralisation continues within a highly magnetic zone at depth with striking similarities to the Golden Grove VMS copper, zinc, gold mines 200km northwest of Sneaky Squirrel.
“Along with Masson, Vera’s Gossan and Block 3 the Mons Project greenstone belt is emerging as highly prospective for copper mineralisation.”
He added: “Following Nimy’s successful high-grade gallium drill campaign at Block 3, work continues on our maiden gallium JORC resource due in the September quarter.
“Concurrently, communication with overseas parties continues.
“The focus on developing the Block 3 gallium resource along with highly prospective copper exploration results positions Nimy Resources well in the race to supply critical metals.”
This discovery underscores Nimy Resources’ emerging position in Western Australia’s critical metals sector, with a diversified portfolio spanning copper, gold, and gallium, vital to technology and renewable energy markets.
The company plans continued exploration at Sneaky Squirrel and the development of its gallium resource to leverage the Mons Project’s considerable potential.
