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NexMetals Drills 16.25 Metres of 3.06% CuEq Including 5.28% CuEq over 6.45 Metres Increasing the Selebi North South Limb Plunge Extent by 35%
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - NexMetals Mining Corp. (TSXV: ...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Drills 16.25 Metres of 3.06% CuEq Including 5.28% CuEq over 6.45 Metres Increasing the Selebi North South Limb Plunge Extent by 35%Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\" or \"NEXM\") reports assay results from an additional drill hole successfully intersecting high-grade mineralization at the Selebi North Underground (\"SNUG\") deposit. Drill hole SNUG-25-186 was designed as a follow-up to borehole electromagnetic (\"BHEM\") anomalies detected in SNUG-25-184 and confirms a significant down-plunge extension of the South Limb mineralization beyond the 2024 Mineral Resource Estimate (\"MRE\").Key Highlights: Drill Hole SNUG-25-186: 315 metres down-plunge of South Limb16.25 metres of 3.06% CuEq (1.13% Cu, 0.94% Ni)Including: 10.45 metres of 4.16% CuEq (1.62% Cu, 1.24% Ni)Including: 6.45 metres of 5.28% CuEq (2.30% Cu, 1.44% Ni)Previously announced South Limb drill hole SNUG-25-184 intercepted 13.50 metres of 3.68% CuEq (1.13% Cu, 1.24% Ni) 183 metres down plunge of 2024 MRE (see news release dated June 30, 2025).Down-plunge extent of South Limb expanded by 35%, with SNUG-25-184 and 186 extending mineralization 315 metres down-plunge beyond the current MRE, which has a 990 metre down-plunge extent (Figure 1). Additional drilling is in progress to continue the strike extent of the new mineralization.Why This Matters:Confirms high-grade continuity - Demonstrates the presence of significant high-grade mineralization as drilling moves deeper.Supports resource expansion potential - Increases the likelihood of adding tonnage and enhancing the project's economic profile in a future updated MRE.Strengthens project economics - Higher grades and resource expansion could translate into improved mine life and profitability.Figure 1: Location of drill holes relative to the 2024 MRE and underground infrastructure. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7759/262293_15db49f704554a63_002full.jpgMorgan Lekstrom, CEO of the Company, commented: \"The continued extension of high-grade copper and nickel mineralization at Selebi North is a significant step in the right direction, highlighting how much potential was previously undefined. We continue to show high-grade intercepts that speak to ...