Nimy Resources Limited · ASX:NIM
Nimy Resources — Shareholder Meeting (November 2022)
15 slides from Nimy Resources's shareholder meeting presentation, Nov 22, 2022
Slide 1: Unlocking a new Western Australian Nickel-Sulphide District
Unlocking a new Western Australian Nickel-Sulphide District. Nimy Resources – AGM Presentation 22nd November 2022 ASX:NIM
Slide 2: Disclaimer
Disclaimer NATURE OF THIS DOCUMENT FORWARD LOOKING STATEMENTS This presentation has been prepared by NIMY Resources Limited ACN 155 855 986 (Company). The information Statements and material contained in this presentation, particularly those regarding possible or assumed is based on publicly availab
Slide 3: Corporate & Capital Structure
Corporate & Capital Structure CHAIRMAN – SIMON LILL CONSULTING GEOLOGIST Capital Structure Simon has over 25 years experience in stockbroking, capital raising, Corporate management for a range of FERGUS JOCKEL small to medium and start-up companies, both in the ASX Share Price A$0.31 manufacturing a
Slide 4: World View – Additional Nickel Mines Required
World View – Additional Nickel Mines Required • World nickel supply faces big challenges to meet demand out to 2030 (well documented) forecast at 60 additional mines by 2030 • Lower grade nickel sulphide projects emerging in Canada and Brazil seen as more impactful due to large contained nickel reso
Slide 5: World View - NiS Projects – Undeveloped Mineral Resources
World View - NiS Projects – Undeveloped Mineral Resources Source: S&P Global Market Intelligence, Terra Studio. Bubble size according to the metal content in mineral resources. ASX:NIM | nimy.com.au 5
Slide 6: A New District
A New District • Large land holding 2,456km2 covering newly discovered Ni-Cu province within the Yilgarn Craton. • Northern extension of the Forrestania Belt • 370km to the north - east of Perth, Western Australia • Significant pipeline of targets - over 30 targets in 6 zones over a large tenement a
Slide 7: New WA Greenstone Belt
New WA Greenstone Belt • 80km strike greenstone belt (right) within the Yilgarn craton historically interpreted as granite (left) • Previous exploration targeting gold encountered multiple shallow ultramafic intersections. Nimy Resources R/C drilling identified a mafic/ultramafic rock sequence with
Slide 8: Exploration Summary
Exploration Summary Total of Six Diamond Drill holes completed across the tenement – Targeting nickel sulphide at depth within the greenstone Karroun Greenstone Belt • NRDD001 - 414m – Godley Target • NRDD002 - 517m – Godley Target • NRDD003 - 511m – Dease Eastern MLEM Target • NRDD004 - 871m – Deas
Slide 9: Exploration Summary
Exploration Summary Godley Prospect Dease Prospect – MLEM Dease Prospect – Gossan Results Results Results • Diamond Hole NRDD001 -413.85m - 363m @ • 487m of Ni Cu mineralisation in +18% MgO • Assays from NRDD005 return nickel (up 0.14% Ni, 25.72% MgO (mean reading 24.11% pXRF) to 0.48%), copper (up
Slide 10: Next Steps
Next Steps • 5 EM conductor model plates targeting massive nickel sulphide mineralisation have been generated at 3 prospects • Soil sampling and drilling has confirmed anomalous nickel at or proximal to all 3 prospects • A total of 17 anomalies have been identified so far across the current in-loop
Slide 11: Exploration Summary
Exploration Summary Dease Prospect – Gossan North Tip Prospect North Lake Prospect Upcoming Work Upcoming Work Upcoming Work • Optimised MLEM Survey across the prospect • Surface geochemistry - Ultrafine+TM assays • Surface geochemistry – Ultrafine+TM assays over MLEM conductors over MLEM conductors
Slide 12: Carbonatite
Carbonatite • Carbonatite initially identified by previous explorer AngloGold Ashanti Australia in 2015 • Structure presents as a caldera shaped magnetic high around a low magnetic core / dike • Geophysical similarities to other known carbonatites such as the Mt Weld carbonatite • Soil sampling has
Slide 13: Timeline & Catalysts
Timeline & Catalysts ACTIVITY KEY COMPLETED UNDERWAY UPCOMING Q4 - 2021 Q1 - 2023 NOV DEC JAN FEB MAR ZONE A – Dease Gossan SOIL GEOCHEM ASSAYS Geochemistry PETROGRAPHY Geophysics MLEM INTERP MLEM SURVEY DHEM RC Drilling ~1,000m ASSAYS ZONE A - Godley Geochemistry SOIL GEOCHEM ASSAYS Geophysics MLEM
Slide 14: A previously unidentified komatiite flow fertile for nickel sulphides
✓ A previously unidentified komatiite flow fertile for nickel sulphides ✓ Geophysic’s across project including magnetic, radiometric, gravity, MLEM and DHEM surveys in process or complete ✓ Three prospects targeting massive NiS identified (Dease Gossan, North Lake, North Tip) multiple additional ano
Slide 15: For more information please email: info@nimyresources.com.au
For more information please email: info@nimyresources.com.au 254 Adelaide Terrace Perth WA 6000 Australia T: (08) 9261 4600 Website www.nimy.com.au