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NexMetals Drills 32.45 Metres of 4.61% CuEq Including 5.88% CuEq Over 9.65 Metres Showing Continuity of High-Grade Mineralization at Selebi North
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - NexMetals Mining Corp. (TSXV:...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Drills 32.45 Metres of 4.61% CuEq Including 5.88% CuEq Over 9.65 Metres Showing Continuity of High-Grade Mineralization at Selebi NorthVancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\" or \"NEXM\") reports assay results from an additional three drill holes successfully intersecting high-grade mineralization at the Selebi North Underground (\"SNUG\") deposit. Drill holes SNUG-25-191, 192 and 194 were designed to test the strike continuity of mineralization in the down plunge extent of the South Limb of the Selebi North deposit.Highlights Drill Hole SNUG-25-194: intersected South Limb (Figure 1)                  South Limb: 32.45 metres of 4.61% CuEq (1.61% Cu, 1.46% Ni)                  including: 7.90 metres of 5.85% CuEq (1.11% Cu, 2.30% Ni)                             and: 9.65 metres of 5.88% CuEq (2.35% Cu, 1.72% Ni)Results continue to strengthen confidence in the size and continuity of the deposit.Next StepsUpdate the Mineral Resource Estimate (\"MRE\") with the 2025 resource expansion drillholes and updated metallurgical test results.Drilling is ongoing and drill hole SNUG-25-200 is currently testing the down plunge extension of N3.Upon completion, the SNUG drill will transition to surface drilling for the 2026 Selebi Main resource expansion program (see news release dated January 15, 2026).Deliver assay results for SNUG-25-197 and SNUG-25-199 which are currently pending.Figure 1: Location of 2025 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/7759/281748_c6ba43fb1439cb03_002full.jpg Sean Whiteford, CEO of the Company, commented: \"These impressive assay results from SNUG-25-194 continue to confirm high grade continuity along the down plunge extension of the South Limb and reinforce our confidence in the growth potential of the deposit. Since the initial 2024 MRE, an additional 42,000 metres of drilling has been completed, and mineralization has been extended to a distance of over 315 metres beyond the lower extent of the resource (see news release date...