Business
NexMetals Announces Selebi Mines Metallurgical Breakthrough: Unlocks Ability to Produce Separate High-Grade Saleable Copper & Nickel-Cobalt Concentrates
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - NexMetals Mining Corp. (TSXV...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Announces Selebi Mines Metallurgical Breakthrough: Unlocks Ability to Produce Separate High-Grade Saleable Copper & Nickel-Cobalt ConcentratesVancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\" or \"NEXM\") announces outstanding results from the recently completed comprehensive bulk sample-based metallurgical program at its past-producing copper-nickel-cobalt (\"Cu-Ni-Co\") Selebi Mines in Botswana. These breakthrough results represent a significant milestone for the Company. The optionality to produce both a saleable copper concentrate and a saleable nickel concentrate with cobalt supports potential restart scenarios with significantly lower capital intensity and decreased execution risk. Based on these results, the Company now has an alternative path forward in which an on-site smelter or hydrometallurgical facility may not be required, significantly derisking the capital requirements and operational complexity of future production at the Selebi Mines. For the first time since production began, the Selebi Mines will benefit from a flowsheet design that results in lower energy requirements and a substantially reduced environmental footprint when compared to historical operations. Overall, the Selebi Mines are now potentially positioned for a faster and more efficient restart.Highlights, What This Means:Alternative Development Option: These results suggest that an on-site smelter or hydrometallurgical plant may not be required, reducing a major capital and execution risk for the Selebi Mines.Streamlined, Sustainable Operations: A smaller land footprint, lower energy demand, and no need for specialized smelter/hydrometallurgical skillsets significantly reduce operational complexity.Baseline Results with Upside: Mineralogical studies and flowsheet optimization underway with the objective of improving recoveries. Commercial Advantage: High-grade concentrates materially expand the commercial pathways available to the Company, providing flexibility in future potential offtake negotiations.Major Milestone Achieved: Metallurgical breakthrough: These results could significantly strengthen Selebi Mines' project, potentially creating a low-capital, low execution risk option for future production. Excellent Initial Recoveries with the Objective to...