Nimy Resources Starts Phase-Two Drilling at Block 3 Gallium Prospect in Western Australia; Shares Rise 9%

MT Newswires Live

2025/05/14

Nimy Resources (ASX:NIM) kickstarted its phase-two drilling program at the Block 3 Gallium prospect in Western Australia, according to a Wednesday filing with the Australian bourse.

The program aims to test the defined target and possibly extend the known high-grade mineralization along strike and down dip, per the filing.

The mining company plans to launch a third-phase drilling program upon interpretation of phase-two results, the filing stated.

Nimy Resources' shares were up nearly 9% in recent Wednesday trade.

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