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NexMetals Drills 231 Metres of 1.09% CuEq, Including 97 Metres of 1.28% CuEq Establishing Scale, Grade and Expansion Potential at Selkirk
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - NexMetals Mining Corp. (TSXV:...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Drills 231 Metres of 1.09% CuEq, Including 97 Metres of 1.28% CuEq Establishing Scale, Grade and Expansion Potential at SelkirkVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\") announces assay results from the final three holes of the 2025 metallurgical drill program at the past producing Copper, Nickel, Cobalt and Platinum Group Elements (\"Cu-Ni-Co-PGE\") Selkirk Mine in Botswana. Why This Matters: Consistent grade over large intervals indicates potential for a low strip ratio, open pit development (see \"Technical Report\" below). Results from the final 3 holes of the 2025 metallurgical program confirm wide, continuous zones of mineralization suitable for the ongoing metallurgical test work.SMET-25-009: wide interval of continuous mineralization231.00 metres of 1.09% CuEq (0.39% Cu, 0.38% Ni, 0.64 ppm Pd, 0.15 ppm Pt)incl. 97.00 metres of 1.28% CuEq (0.46% Cu, 0.43% Ni, 0.76 ppm Pd, 0.18 ppm Ptincl. 47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt)All mineralization from SMET-25-011 was intercepted below the Mineral Resource Estimate (\"MRE\") and the conceptual pit demonstrating the potential for expansion of the deposit at depth.Mineralization intercepted above the MRE and within the current conceptual pit shell demonstrates the potential for expansion of the deposit toward the surface.All assay results reported to date will be incorporated into an updated MRE.Drill core from all eleven 2025 holes reported to date is now supporting the metallurgical testwork underway at Blue Coast Research in British Columbia. This work will help optimize the flowsheet, maximize recoveries, and advance the evaluation of separating the concentrate.Current cut-off of US$25.00 per tonne net smelter return defined in the 2024 MRE translates to 0.46% CuEq. Any material above this cut-off grade could potentially be mined.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/7759/276734_4b449c0b64264a87_002full.jpgMorgan Lekstrom, CEO of the Company, commented: \"The takeaway from this metallurgical drilling program is the sizable, mineralized continuity across this deposit. Delivering...