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Nimy Resources Limited ( (AU:NIM) ) has shared an update.
Nimy Resources Limited’s December 2024 quarterly report highlights significant progress in its exploration activities at the Masson Cu-Ni-PGE Prospect and Block 3 East Gallium Prospect. The Masson Prospect has shown high-grade copper, nickel, and PGE mineralisation, extending the target zone further, while the Block 3 East has confirmed world-class gallium mineralisation. The company’s strategic focus on enhancing its resource base is supported by a recent capital raise and R&D refund, which will aid future exploration initiatives and potentially strengthen its position within the critical minerals market.
More about Nimy Resources Limited
Nimy Resources Limited is engaged in the exploration and development of mineral resources, focusing primarily on copper, nickel, and gallium. The company is actively involved in mineral exploration projects mainly located in Australia, with a keen focus on high-grade mineralisation prospects to strengthen its market position in the mining industry.
YTD Price Performance: 50.0%
Average Trading Volume: 512,782
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on NIM stock on TipRanks’ Stock Analysis page.
