Nimy Resources Eyes Maiden Drilling After Third Gold Anomaly Extends Trend to 16km
Key Takeaways
- Nimy Resources has defined a third gold-in-soil anomaly — Corporate James East — extending the Corporate James Trend to approximately 16km of continuous strike at the Mons Project in Western Australia.
- The northern sampling line at Corporate James East is anomalous across its entire 950m sampled length, with all 20 samples returning ≥9.6 ppb Au and an average of 14.0 ppb Au, peaking at 21.3 ppb Au.
- 69% of the 59 total samples returned ≥5 ppb Au, and the anomaly remains open to the east — the easternmost sample returned 10.9 ppb Au, signalling further untested upside.
- All three Corporate James anomalies share the same structural control — the greenstone-granite contact — pointing to a coherent mineralised system rather than isolated surface occurrences.
- A maiden drilling programme is now being planned across the Corporate James Trend, with follow-up soil sampling underway to close the Corporate James East anomaly to the east and between lines.
Third gold anomaly puts Corporate James Trend on the drilling radar
Nimy Resources (ASX: NIM) has defined a third significant gold-in-soil anomaly at its Mons Project in Western Australia, extending the Corporate James Trend to approximately 16km strike. The new anomaly, Corporate James East, delivers a striking headline result: the northern sampling line is anomalous across its entire 950m sampled length, with all 20 samples returning ≥9.6 ppb Au at an average of 14.0 ppb Au.
The anomaly remains open to the east, with the easternmost sample returning 10.9 ppb Au — signalling further upside beyond the current sampling extent. A maiden drilling programme is now being planned across the Corporate James Trend.
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What the Corporate James East results show
Soil sampling results at a glance
The programme collected 59 Ultrafine™ soil samples across three east-west lines at 400m line spacing and 50m sample spacing. Of the 59 samples, 41 (69%) returned ≥5 ppb Au and 20 (34%) returned ≥10 ppb Au.
The table below presents results by line, reproduced from Table 1 in the announcement.
| Line (mN) | Samples | Length (m) | Au range (ppb) | Mean Au (ppb) | Ag range (ppm) |
|---|---|---|---|---|---|
| 6,676,800 | 20 | 950 | 9.6 – 21.3 | 14.0 | 0.073 – 0.170 |
| 6,676,400 | 26 | 1,250 | 3.0 – 11.5 | 5.6 | 0.025 – 0.100 |
| 6,676,000 | 13 | 600 | 1.3 – 6.3 | 3.9 | 0.028 – 0.078 |
Gold tenor decreases markedly to the south, averaging 5.6 ppb Au on the middle line and 3.9 ppb Au on the southern line. The northern line stands out clearly, with 17 consecutive samples returning ≥10 ppb Au over 800m and a peak value of 21.3 ppb Au.
Silver closely mirrors the gold pattern. The northern line averages 0.138 ppm Ag, compared with 0.049 ppm Ag and 0.047 ppm Ag on the two southern lines. That tight gold-silver correlation across the dataset adds coherence to the anomaly’s geological signature.
Structural setting — why this matters geologically
Corporate James East straddles the interpreted greenstone-granite contact, the same structural setting that controls the Corporate James and Corporate James South prospects. All three anomalies now sit within an approximately 16km trend sharing the same geological control.
The 16km gold corridor at Mons has been building across successive soil sampling campaigns, with the Corporate James and Corporate James South anomalies providing the foundational dataset against which Corporate James East is now assessed.
That consistency points to a coherent mineralised gold system rather than isolated surface occurrences — a meaningful distinction when evaluating whether soil anomalies are worth putting a drill bit through.
Luke Hampson, Managing Director
“Corporate James is emerging as a substantial gold target with three strong anomalies now well-defined… Drilling at Corporate James is our immediate gold exploration priority with follow-up soil sampling around Corporate James East underway to further define the footprint of this exciting anomaly.”
Understanding Ultrafine™ soil sampling — the exploration technique behind the results
Ultrafine™ soil sampling is a proprietary geochemical method that isolates an ultra-fine particle fraction from B-horizon soil samples to detect trace metal signatures that conventional sampling can miss. B-horizon refers to the subsurface soil layer beneath surface organic material — sampling here avoids contamination from surface disturbance and captures more stable geochemical signals.
For investors, this matters because it is a cost-effective, non-invasive early-stage technique that allows explorers to systematically screen large areas before committing to expensive drilling programmes. The key parameters for Corporate James East are:
- Sample depth: nominal 30cm (B-horizon)
- Sample size: approximately 200g, <2mm fraction
- Assay method: Ultrafine™ / aqua regia digest (Labwest)
- Sample spacing: 50m intervals along lines
The technique has now consistently delivered anomalous results across all three Corporate James prospects, building the geological case for moving to drilling.
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What comes next for Nimy at the Mons Project
The near-term plan runs on two tracks. First, follow-up soil sampling is being planned to close the Corporate James East anomaly to the east and establish strike continuity north and south of the three lines reported here, where the 400m line spacing leaves the anomaly untested between lines. Second, results will be assessed alongside the Corporate James and Corporate James South anomalies in finalising drill targeting across the Corporate James Trend.
The planned next steps in sequence are:
- Follow-up soil sampling east and north-south of Corporate James East
- Results assessment alongside the Corporate James and Corporate James South anomalies
- Finalisation of maiden drill targets across the Corporate James Trend
To put this in broader context, the Mons Project spans approximately 80km × 30km across 22 tenements (approximately 3,167km²), situated 370km northeast of Perth. It hosts multi-commodity targets including gold, gallium, copper, nickel, and PGEs. The Corporate James Trend represents the project’s advancing gold story within that larger framework.
The Sneaky Squirrel discovery at Mons adds a VMS-style base metals dimension to the project, with that multi-commodity character reflected in the copper, nickel, and PGE targets that sit alongside the Corporate James gold trend within the same tenement package.
A coherent 16km-strike gold trend, anchored by three consistent soil anomalies sharing the same structural control, now moves toward its first drilling test. That transition from geochemistry to drill results will be the next material inflection point for the project.
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