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Extremely high-grade gallium and rare earths Maiden Resource



Nimy Resources (ASX: NIM) is pleased to announce the extremely high-grade gallium and rare earths Maiden Resource.


The Resource:

  • Maiden JORC gallium Inferred Resource of 7.23Mt at 102g/t Ga₂O₃ using 70g/t Ga₂O₃ cut-off (740t contained Gallium Trioxide) and 538ppm Total Rare Earth Oxides (TREOs) (3,890t of contained TREOs). The Resource estimate is based only on material located within the oxide and transition zones down to a maximum ~100m
  • Known gallium and Total Rare Earth Elements (TREE) mineralisation below 100m deep has not been included in this resource estimate but is included in the Exploration Targets of up to 26Mt at 100g/t Ga2O3 and 100Mt at 810ppm TREO
  • Both the gallium and TREE mineralisation remains open along strike and at depth from the JORC Mineral Resource Estimate (MRE)
  • The resource model covers a 0.4km² footprint; A surface soil sampling program and an airborne magnetic survey is currently underway across an extended grid covering ~30km² over, around and west of the Block 3 high grade gallium and rare earth discovery
  • Rare Earth Elements (REE) component adds significant value to the Block 3 project

Table 1: Block 3 East Inferred Mineral Resource estimates October 2025

Tonnage (Mt)

Ga2O3 (ppm)

TREO (ppm)

NdPr (ppm)

7.23

102

538

104

Figure 1 – Grade-Tonnage Curve

Table 2: Grade-Tonnage tabulation for material within resource volume

Cut-off

Tonnage

Grade

ContainedMetal * (t)

Ga2O3 (ppm)

(Mt)

Ga2O3

TREO

NdPr

Ga2O3

TREO

NdPr

0

65.8

41

502

96

2,730

33,040

6,290

10

65.8

41

502

96

2,730

33,030

6,290

20

64.3

42

507

96

2,700

32,600

6,180

30

42.6

50

571

106

2,140

24,300

4,510

40

18.5

72

598

113

1,320

11,050

2,090

50

13.4

82

583

111

1,100

7,790

1,480

60

9.5

93

563

108

880

5,340

1,020

70

7.2

102

538

104

740

3,890

750

80

5.4

112

508

101

600

2,730

540

90

4

121

492

99

480

1,950

390

100

2.9

131

448

92

380

1,290

270

Notes: * The contained metal is reported in oxide form

Exploration Targets:

Five new Ga2O3 Exploration Targets and one new REO Exploration Target have been defined by SRK in the Block 3 project area. The Exploration Target quantities and grades are conceptual in nature. Insufficient exploration has been conducted to estimate Mineral Resources and it is uncertain if further exploration would result in the estimation of Mineral Resources.

Furthermore, Nimy personnel have outlined several areas, in addition to Block 3 based on Nimy acquired geophysical and geochemical data, that have potential Ga (and REE) mineralisation. Most notable of these are the Masson, Thompson and Vera’s prospects.

Gallium

  • Geophysical and surface sampling data indicates a high likelihood that the mineralisation extends to the west and north-west, refer Exploration Target estimates Table 3 and Figure 5.

Rare…



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