Nimy Resources Expands Critical Gallium Discovery in Landmark Finding

Block 3 Gallium Project Continues to Deliver Outstanding Assays

Nimy Resources Ltd gallium discovery has announced exceptional new gallium assay results from its Phase 2 drilling program at the Block 3 Gallium Project in Western Australia, substantially expanding the known mineralized footprint and strengthening the company's position in the critical minerals sector.

The latest batch of results from four additional drill holes has revealed consistent high-grade gallium mineralization, with all holes encountering mineralization from surface to end of hole. These results extend the known resource area to an impressive 450m x 300m footprint while demonstrating strong continuity throughout the deposit.

Most notably, the drilling produced some remarkable intersections, including:

• NRRC140: 240m @ 63g/t Ga₂O₃ (surface to EOH) including a peak value of 462g/t Ga₂O₃
• NRRC138: 240m @ 35g/t Ga₂O₃ (surface to EOH) with a peak value of 394g/t Ga₂O₃
• NRRC139: 240m @ 34g/t Ga₂O₃ (surface to EOH)
• NRRC141: 240m @ 33g/t Ga₂O₃ (surface to EOH)

"These are more outstanding results which continue to grow the size of our Block 3 gallium discovery," said Nimy Managing Director Luke Hampson. "The assays show that Block 3 is emerging as a major find with every potential to capitalise on global demand for gallium. With results pending for another 17 holes, we are well-placed to continue increasing the extent of the mineralisation ahead of the maiden JORC resource."

Drilling Highlights: Consistent High-Grade Results

The latest assay results demonstrate the exceptional quality and consistency of gallium mineralization at Block 3. All four holes encountered wide zones of mineralization with multiple high-grade gallium sections throughout.

Significantly, the mineralization remains open along strike and at depth, suggesting substantial exploration upside beyond the current drilling footprint.

Understanding Gallium: A Critical Metal for the Future

Gallium is increasingly recognized as one of the most crucial critical metals for future technologies. As a semiconductor material with unique properties, gallium compounds are essential components in various high-tech applications.

What is Gallium?

Gallium is a soft, silvery metal that melts at just 29.8°C (85.6°F) – so low that it will melt in your hand. Despite this low melting point, it has a high boiling point of 2,400°C, giving it one of the largest liquid ranges of any metal.

Why Gallium Matters to Investors

Gallium is critical for:

• Semiconductor manufacturing: Gallium nitride (GaN) and gallium arsenide (GaAs) are used in high-frequency transistors, LEDs, and solar cells
• 5G technology: Essential for high-frequency, high-power transistors in 5G base stations
• Artificial intelligence hardware: Used in specialized computing chips
• Defense applications: Critical for radar systems and military electronics
• Renewable energy: Components in solar panels and power conversion systems

The U.S. Geological Survey has classified gallium as a "critical mineral," highlighting its importance to economic and national security.

With China historically controlling approximately 95% of the global gallium supply, new sources outside China – particularly in stable jurisdictions like Australia – represent significant strategic value in global supply chains.

Path to Maiden Resource and Development Timeline

Nimy Resources Ltd gallium discovery is moving rapidly to define a maiden JORC Resource at Block 3, with significant progress already made and clear upcoming milestones:

• Completed Phase 2 drilling program: Targeting resource definition
• Assay results: 4 holes reported in this announcement, with 17 more holes (4,026m) pending
• Ongoing exploration: Work continues to extend the known mineralization
• Maiden JORC Resource: Scheduled for early in the December quarter 2025
• Offtake discussions: Ongoing talks with potential U.S. and European partners

The company's strategic plan includes:

1. Resource definition: Complete the maiden JORC resource
2. Metallurgical testing: Determine optimal processing methods
3. Offtake agreements: Secure partnerships with end-users
4. Project development: Move toward production decision

Investment Thesis: Positioning in the Critical Minerals Supply Chain

Nimy Resources Ltd gallium discovery is strategically positioned to capitalize on several compelling market and project fundamentals:

Supply-Demand Dynamics

The gallium market is experiencing a fundamental shift in supply-demand dynamics. With China's export restrictions implemented in 2023 and growing demand from semiconductor, 5G, and defense industries, Western nations are urgently seeking new, reliable sources of gallium outside China.

Project Quality

Block 3 demonstrates several exceptional qualities that distinguish it from other potential gallium sources:

• High grades: With peak values up to 462g/t Ga₂O₃, Block 3 contains some of the highest-grade gallium mineralization reported globally
• Scale potential: The consistent mineralization across a growing footprint suggests a potentially significant resource
• Mineralogy: Initial studies indicate favorable mineralogy for extraction
• Jurisdiction: Located in Western Australia, a premier mining jurisdiction with excellent infrastructure and regulatory frameworks

Strategic Partnerships

Nimy has positioned itself well through strategic collaborations:

• Collaboration agreement with M2i Global: Enhancing processing and commercialization pathways
• MoU with Curtin University: For gallium-related research
• Ongoing discussions with U.S. and European offtake partners: Potential to secure early revenue streams

Why Investors Should Follow Nimy Resources

Nimy Resources Ltd gallium discovery represents a compelling opportunity in the critical minerals sector for several key reasons:

1. Emerging as a first-mover in non-Chinese gallium supply: As Western nations seek to reduce dependence on Chinese critical minerals, Nimy's Block 3 project could become a strategically important asset.

2. Exceptional project fundamentals: The combination of high grades, significant width, and consistent mineralization from surface creates a potentially economic project with favorable development characteristics.

3. Clear path to value creation: With a maiden resource expected in Q4 2025 and ongoing discussions with potential offtake partners, multiple near-term catalysts could drive value.

4. Exploration upside: The mineralization remains open along strike and at depth, suggesting significant potential to grow beyond the initial resource.

5. Strategic positioning: As part of the newly discovered Mons Belt in Western Australia, Nimy controls a district-scale land package with untapped gold potential beyond gallium.

As global technology industries increasingly recognize the strategic importance of secure gallium supplies, Nimy Resources is well-positioned to emerge as a key player in this critical sector, offering investors exposure to one of the most promising rare earth element opportunities on the ASX.

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