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NexMetals Drills 219 Metres of 1.03% CuEq, Including 157 Metres of 1.21% CuEq Demonstrating the Scale of Mineralization and Expansion Potential at Selkirk
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - NexMetals Mining Corp. (TSXV: ...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Drills 219 Metres of 1.03% CuEq, Including 157 Metres of 1.21% CuEq Demonstrating the Scale of Mineralization and Expansion Potential at SelkirkVancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\") announces assay results from 4 additional holes of 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. Drill core from 11 of these holes will be used in support of ongoing metallurgical testwork. This brings the total number of released holes to 8 of 11 metallurgical drill holes from the 2025 program (see news releases dated September 18th and 23rd, 2025), with additional assays expected to be released on an ongoing basis.Why This Matters: Scale, Grade, ExpansionResults continue to demonstrate the scale and consistency of mineralization.SMET-25-005: wide interval of high-grade mineralization219.00 metres of 1.03% CuEq (0.39% Cu, 0.33% Ni, 0.61 ppm Pd, 0.14 ppm Pt)157.00 metres of 1.21% CuEq (0.46% Cu, 0.38% Ni, 0.72 ppm Pd, 0.16 ppm Pt)SMET-25-006: wide interval of mineralization66.35 metres of 1.17% CuEq (0.43% Cu, 0.41% Ni, 0.65 ppm Pd, 0.14 ppm Pt)Mineralization outside the Mineral Resource Estimate (\"MRE\") and within the current conceptual pit shell demonstrates the potential for expansion of the deposit toward the surface.SMET-25-005: starting at 47.00 metres from surface48.00 metres of 0.57% CuEq (0.19% Cu, 0.20% Ni, 0.34 ppm Pd, 0.08 ppm Pt)Large widths of near-surface mineralization support open-pit development potential with a low strip ratio (see \"Technical Report\" below).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 included in the MRE.Figure 1: Location of 2025 metallurgical drill holes, resampled drillholes and Mineral Resource Estimate. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7759/269421_d9826a40e401fa25_002full.jpgMorgan Lekstrom, CEO of the Company, commented: \"These latest drill results reinforce the impressive scale and consistency of Selkirk. Mineralization remains open in multiple directions, with wide near-surface zones highlighti...