Nimini is 90% owned by the globally focused natural resources investment company Polo Resources Limited (AIM and BSX: POL). In March 2012, Plinian Guernsey Ltd acquired a 10% equity interest in Nimini. Plinian Capital Ltd is managing and directing all of Nimini's exploration, feasibility study, development and administrative activities.

Nimini-Komahun Project

  • Nimini's flagship asset
  • 25-year Mining Licence awarded in November 2012
  • Updated Mineral Resource Estimate as at June 2013 ("June 2013 MRE"), based on a minimum true width of 1 metre and a 2.4 g/t gold cut-off grade: Indicated Mineral Resources of 0.55 Moz (3.6 Mt (million tons) at 4.69 g/t gold) and Inferred Mineral Resources of 0.34 Moz (2.6 Mt at 4.08 g/t gold)
  • 21% increase in Indicated Mineral Resources to 0.63 Moz gold (4.8 Mt at 4.06 g/t gold) at a 1.8 g/t cut-off grade and 60% increase in Inferred Mineral Resources to 0.42 Moz gold (3.8 Mt at 3.47 g/t gold) at a 1.8 g/t cut-off, compared to previous MRE (SGS Canada Inc., June 2012) ("June 2012 MRE")
  • June 2013 MRE provides a solid platform for the Preliminary Economic Assessment (PEA)
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Matotoka Project

  • Prospective exploration project with potential to host substantial gold mineralisation
  • Attractive geophysical (Versatile Time-Domain Electromagnetic – VTEM) survey and geochemical anomalies have been identified for follow-up programmes
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