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NexMetals Drills 210 Metres of 1.06% CuEq
Highlighting Continuous Mineralization and Expansion at Selkirk Vancouver, British Columbia--(Ne...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Drills 210 Metres of 1.06% CuEqHighlighting Continuous Mineralization and Expansion at SelkirkVancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\") announces assay results from two additional holes from the 12 hole metallurgical drilling program completed at the past-producing Copper, Nickel, Cobalt and Platinum Group Elements (\"Cu-Ni-Co-PGE\") Selkirk Mine in Botswana. Why This Matters: Scale, Grade, Growth SMET-25-004: wide interval of continuous mineralization210.00 metres of 1.06% CuEq (0.40% Cu, 0.36% Ni, 0.59 ppm Pd, 0.14 ppm Pt)incl. 74.00 metres of 1.28% CuEq (0.45% Cu, 0.46% Ni, 0.73 ppm Pd, 0.17 ppm Pt)Mineralization outside the Mineral Resource Estimate (\"MRE\") and within the current conceptual pit shell, demonstrating the potential for expansion of the deposit toward the surface.SMET-25-001: starting at 13.00 metres from surface 45.00 metres of 0.69% CuEq (0.23% Cu, 0.23% Ni, 0.46 ppm Pd, 0.10 ppm Pt)Large widths of near-surface mineralization support open-pit development potential with a low strip ratio (see technical report).Current cut-off of US$25.00 per tonne net smelter return defined in the MRE translates to 0.46% CuEq. Any material above this cut-off grade could be potentially mined. These results bring the total number of metallurgical drill holes announced from the 2025 program to four (see news release dated September 18, 2025), with assays to be released on an ongoing basis.Figure 1: Location of 2025 metallurgical drill holes, resampled drillholes and Mineral Resource EstimateTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7759/267498_8c856fa884d1aadc_002full.jpgMorgan Lekstrom, CEO of the Company, commented: \"The results today, combined with last week's news of drill hole 003, highlight multiple intercepts over 200 metres of high-grade mineralization, once again exceeding our expectations at Selkirk. These results position Selkirk as a standout asset, reinforcing the substantial scale of the deposit. Exceptionally notable are drill holes 003 and 004, as they show very similar grades despite being more than 125 metres apart. This further emphasizes both the size, consistency, and presence of broad intervals of higher grades within this deposit. Upcoming catalyst...