Nimy Resources Unveils Key Gold Targets at Mons Project and Secures $550K for Gallium Processing Research

Robust Gold Soil Assays Establish Corporate James as Prime Exploration Target

Nimy Resources identified multiple strong gold surface anomalies at its Mons Project in Western Australia by analyzing 3,076 soil samples collected since late 2025. The gold anomaly extends coherently along a 16-kilometre corridor adjacent to the eastern granite-greenstone contact, with an additional 85 kilometres of untested strike, indicating substantial exploration potential. The newly designated Corporate James prospect exhibited the highest gold anomalies along a 720-metre north-south strike and has been prioritised for drilling in the September Quarter 2026.

The Corporate James anomalies are linked with several pathfinder elements including arsenic, antimony, bismuth, molybdenum, silver, tellurium, and tungsten, supporting the interpretation of orogenic and intrusion-hosted gold mineralisation at the Mons Project. This multi-element signature strengthens the geological case for a significant gold system and encourages the planned drilling campaign in Q3 2026. Identifying Corporate James as a priority target marks a major advancement in Nimy’s active gold exploration within the Mons Greenstone Belt.

Corporate James South Expands Gold Anomaly Over 16-Kilometre Trend

A second major gold-in-soil anomaly, "Corporate James South," was discovered 3.6 kilometres south-west of the original Corporate James prospect announced on 9 June 2026. This new anomaly shares the same spatial relationship to the granite-greenstone contact and exhibits the same multi-element pathfinder signature—arsenic, antimony, bismuth, molybdenum, tellurium, tungsten, and silver—as Corporate James. This consistent geological signature suggests a common source and the potential for a larger mineralised system along the broader trend.

The Corporate James Trend now includes both anomalies, spanning roughly 16 kilometres and remaining open-ended along strike. The discovery substantially expands the footprint of priority drill targets. The September Quarter 2026 drill program has been updated to cover three zones: the original 720-metre Corporate James target, the new south-west anomaly, and selected high-priority zones across the 16-kilometre corridor. This broader target area enables a thorough evaluation of gold potential at Mons during the upcoming quarter.

MRIWA Funding Supports Australia’s First Gallium Processing Research Initiative

Nimy Resources and Curtin University secured $550,000 from the Minerals Research Institute of Western Australia (MRIWA) to advance gallium processing research. Co-funded by Nimy and the Curtin-led Resources Technology and Critical Minerals Trailblazer, this two-year project aims to develop local pathways for concentrating, extracting, and refining gallium ores, targeting Australia’s first domestic gallium processing capability. This effort seeks to reduce reliance on foreign and non-western aligned producers for gallium, a critical mineral essential in semiconductors, smartphones, LED lighting, solar panels, and advanced electronics and defence applications.

The three-phase research program, led by Curtin’s Dr Jonah Gamutan from the Western Australian School of Mines, covers mineral characterisation and process definition, extraction and purification technologies, and compound production and process optimisation. These phases aim to establish groundwork for pilot-scale testing and commercialisation of gallium processing in Australia. This research complements Nimy’s existing Mons Gallium Project at Block 3, where a Maiden Inferred Resource has been reported, representing a strategic investment in developing domestic processing capabilities for this vital commodity.

Mons Gallium Project Resource Underpins Processing Research Progress

Nimy holds a Maiden Inferred Gallium Resource at Mons Block 3, providing a solid base for the ongoing processing research with Curtin University. At a 70-gram per tonne Ga9O3 cut-off, the resource totals 7.23 million tonnes at 102 grams per tonne Ga9O3, containing 740 tonnes of gallium oxide. At a 20-gram per tonne cut-off, the resource expands to 64.3 million tonnes at 42 grams per tonne Ga9O3, containing 2,700 tonnes of gallium oxide. Secondary elements include total rare earth oxides and neodymium-praseodymium, enhancing the ore’s value potential.

The company is conducting a scoping study on the Mons Block 3 Inferred Gallium Resource and continuing metallurgical test work to establish a pathway for producing high-grade gallium concentrate. Nimy is also exploring U.S. market opportunities for gallium product sales, positioning itself to capitalize on growing North American demand. The combination of an existing resource, dedicated research funding, and market development efforts positions Nimy to advance its gallium project toward commercialisation in the coming years.

Expanded Surface Sampling Targets Multi-Commodity Prospects at Mons

Nimy plans an extended UltrafineTM surface geochemical program in the September Quarter 2026 to target additional gallium, gold, and base metal prospects across the underexplored Mons Greenstone Belt. This program aims to identify new exploration targets and enhance understanding of mineral prospectivity across the project area. The Mons Greenstone Belt has demonstrated multi-commodity potential, with strong gold and gallium mineralisation evidence. The expanded sampling will help prioritise future exploration and drilling.

This surface sampling complements a planned extensive ground base metals electromagnetic survey over multiple high-priority prospects during the September Quarter. This integrated exploration strategy enables Nimy to assess the full mineral potential at Mons, including gold, gallium, and base metals, reflecting the company’s commitment to systematically identifying drill-ready targets across multiple commodities and maximising value creation.

September Quarter 2026 Exploration Program Includes Drilling and Metallurgical Testing

Nimy has outlined a comprehensive exploration program for September Quarter 2026 focused on advancing the Corporate James Gold Prospect with a dedicated drilling campaign. The drilling will cover three zones: the original 720-metre Corporate James target, the Corporate James South anomaly 3.6 kilometres south-west, and selected high-priority zones across the 16-kilometre gold anomaly corridor. This multi-zone approach will systematically evaluate gold prospectivity across Mons.

Alongside gold drilling, an extensive ground base metals electromagnetic survey will be conducted over multiple high-priority prospects, and metallurgical test work on the Mons Block 3 Inferred Gallium Resource will continue. The metallurgical work aims to produce high-grade gallium concentrate, supporting the Curtin University-led research program. These integrated activities position Nimy to advance both gold and gallium projects significantly during Q3 2026, potentially generating impactful results to attract investor interest.

Gallium’s Strategic Role Spurs Government Support for Domestic Processing

Gallium is recognised as a strategically important mineral due to its critical applications in semiconductors, smartphones, LED lighting, solar panels, and high-performance electronics and defence. Global gallium supply is concentrated among a few foreign producers, creating supply chain risks. The Australian government, via the Minerals Research Institute of Western Australia and Curtin University’s Resources Technology and Critical Minerals Trailblazer, prioritises developing domestic gallium processing to reduce dependence on foreign and non-western aligned sources.

Nimy’s involvement in this government-backed research program positions it to benefit from strategic policy priorities and develop proprietary gallium processing expertise. The $550,000 MRIWA funding underscores the importance of establishing domestic gallium processing in Western Australia, home to Nimy’s Mons Project. Combining government investment with its mineral resource, Nimy is well-placed to contribute to Australia’s critical minerals sector development and create shareholder value through future commercialisation.

Strong Cash Position Supports Exploration and Research Initiatives

As of 30 June 2026, Nimy Resources held $3.92 million in cash, providing a solid financial base for its planned exploration and research activities in the September Quarter and beyond. This cash supports funding for the Corporate James drilling program, the ground base metals electromagnetic survey, and ongoing metallurgical test work on the gallium resource. It also enables the company to maintain its partnership with Curtin University and participate fully in the three-phase gallium processing research.

The company’s financial management ensures funding for exploration without immediate capital raising. However, executing the planned programs may significantly draw on cash reserves. The timing and outcomes of drilling and geochemical surveys will influence future funding needs and investor interest.

Mons Greenstone Belt’s Multi-Commodity Potential Attracts Investor Attention

Nimy Resources’ Mons Project in Western Australia offers a multi-commodity exploration opportunity with evidence of gold and gallium mineralisation. The Mons Greenstone Belt shows prospectivity across several commodities, supported by strong gold soil geochemistry and an inferred gallium resource, laying a foundation for value creation. Nimy’s integrated approach to exploring precious and critical metals aligns with the strategic importance of diversified mineral resources serving traditional and emerging markets.

The combination of active gold exploration, sophisticated soil geochemical programs, planned drilling, and advanced research targeting domestic gallium processing positions Nimy as a multi-commodity explorer with near-term upside and long-term development potential. The discovery of Corporate James and secured funding for gallium processing research highlight progress across the portfolio, appealing to investors interested in gold and critical minerals exposure, especially in Western Australia.