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NexMetals Intersects 32.60 Metres of Mineralization at Selebi North Bridging Major Step-Out Holes & Strengthening MRE Expansion
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - NexMetals Mining Corp. (TSXV: ...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Intersects 32.60 Metres of Mineralization at Selebi North Bridging Major Step-Out Holes & Strengthening MRE ExpansionVancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\") is pleased to announce that it has successfully intersected significant massive sulphide mineralization within a newly completed drill hole at Selebi North Underground (\"SNUG\"), confirming the down-plunge continuity of mineralization. This intersection represents the thickest interval of mineralization drilled by NEXM in its 2025 resource expansion program and will be included in the future updated Mineral Resource Estimate (\"MRE\"). Assays are pending for SNUG-25-194 and an additional 2 holes. Why this matters:SNUG-25-194 intersected 32.60 metres of continuous mineralization at Selebi North South Limb, including an aggregate total of 19.90 metres of massive sulphide across five sub-intervals. True thickness is estimated at 60 - 65%, which is consistent with geological interpretations of the South Limb.Drill hole SNUG-25-194 was designed to bridge mineralization between two widely spaced resource expansion drill holes SNUG-25-184, located 183 metres down-plunge from the current MRE, and SNUG-25-186, a further 130 metre step-out (see news releases dated June 30 and August 13, 2025). The demonstrated continuity between these two major step-outs and results from additional strike step-outs from the resource expansion program can be incorporated into a future MRE update, supporting a potential expansion of the resource envelope.Next Steps:Borehole electromagnetic (\"BHEM\") surveys are planned to characterize the conductive trends associated with the newly intersected massive sulphides to confirm continuity and outline strike extent.Initial interpretations indicate that the new data will contribute to resource expansion in an updated MRE.Ongoing drilling to further demonstrate the scale, continuity, and expansion potential of the Selebi North deposit.Figure 1: Location of drill holes relative to the MRE and underground infrastructure.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7759/268661_4dd38744a4b37b20_002full.jpgFigure 2. Drill core photo SNUG-25-194 click here for full photos.To view an enhanced version of this graph...