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Nimy Resources Partners with CSIRO for Gallium Exploration in WA

Story Highlights
  • Nimy Resources collaborates with CSIRO to enhance gallium exploration at Mons Project.
  • The project aims to improve geological understanding and exploration targeting models.
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Nimy Resources Partners with CSIRO for Gallium Exploration in WA

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Nimy Resources Limited ( (AU:NIM) ) has shared an update.

Nimy Resources Limited has partnered with CSIRO under the Kick-Start program to advance the Mons Project in Western Australia. This collaboration aims to develop a geomorphic model for the Block 3 Gallium Prospect using machine learning and scientific expertise to enhance the understanding of regolith types. The project seeks to improve exploration targeting models and drive future discoveries of critical resources such as gallium, nickel, copper, and rare earth elements. The initiative is supported by matched funding from the Kick-Start program, which is crucial for its success, and will integrate results into a broader research collaboration involving government, universities, and specialist consultants.

More about Nimy Resources Limited

Nimy Resources Limited is a company engaged in mineral exploration, focusing on critical minerals and base metals. The company is working on the Mons Project in Western Australia, which involves the exploration of a new greenstone sequence north of the Forrestania Greenstone Belt.

Average Trading Volume: 1,464,233

Technical Sentiment Signal: Sell

Current Market Cap: A$21.91M

See more insights into NIM stock on TipRanks’ Stock Analysis page.

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