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NexMetals Re-Assays Return 107 Metres of 0.94% CuEq Including 0.99% CuEq over 91 Metres Showing Sizeable Continuity of Mineralization at Selkirk
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - NexMetals Mining Corp. (TSXV: ...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Re-Assays Return 107 Metres of 0.94% CuEq Including 0.99% CuEq over 91 Metres Showing Sizeable Continuity of Mineralization at SelkirkVancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\") announces re-assay results from an initial 6 holes of its ongoing 34 hole resampling program at the past-producing Copper, Nickel, Cobalt and Platinum Group Elements (\"Cu-Ni-Co-PGE\") Selkirk Mine in Botswana. Highlights: Adding Value and Expansion Potential The initial re-assay results confirm large intercepts of mineralization within the current mineral resource estimate (\"MRE\") as well as outside of the MRE and within the conceptualized pit shell demonstrating potential for expansion of the deposit.DSLK129 - within the MRE107.0 metres of 0.94% CuEq (0.35% Cu, 0.31% Ni, 0.56 ppm Pd, 0.13ppm Pt)Incl. 91.00 metres of 0.99% CuEq (0.36% Cu,0.33% Ni, 0.58 ppm Pd, 0.13ppm Pt) DSLK130 - outside of the MRE but within the conceptualized pit shell 123.1 metres of 0.47% CuEq (0.13% Cu, 0.16% Ni, 0.34 ppm Pd, 0.09 ppm Pt)In the past, historical drill holes were inconsistently analyzed for PGEs. The additional value of the PGEs has the potential to expand the MRE. 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. Figure 1: Location 2025 Resampled drill holes and MRE To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7759/264220_87dfce9ba4447bc0_002full.jpg Morgan Lekstrom, CEO of the Company, commented: \"These early results from Selkirk confirm what we have believed from the beginning, that the deposit is far from being fully defined. The fact that mineralization starts near surface provides even more confidence in Selkirk's potential for open-pit development. Importantly, the re-assay program also includes the PGEs that were incompletely tested, and those results are already highlighting the potential to expand the MRE. With ongoing assay results, we are only beginning to see the scale of what Selkirk can become.\"Assay results are reported below in Table 1 and drill hole collar details are provided in Table 2. Table 1: Assay Results Selkirk Deposit HOLE IDFROM(m)TO(m)1LENGTH(m)Cu(%)Ni(%)Co(%)Pd...