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NexMetals Reports Selkirk BHEM Results Confirm Effectiveness as a Targeting Tool for Mineralization
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - NexMetals Mining Corp. (TSXV: ...
About this update from Nexmetals Mining Corp.
[{"type":"text","content":"NexMetals Reports Selkirk BHEM Results Confirm Effectiveness as a Targeting Tool for MineralizationVancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the \"Company\" or \"NEXM\") reports the successful completion of its accelerated drill program, previously announced on June 24, 2025, at the past-producing copper-nickel-cobalt-platinum group elements (\"Cu-Ni-Co-PGE\") Selkirk Mine in Botswana. Drilling totalled 3,903 metres and was completed in 12 holes. A further 522 metres were completed in three holes testing Versatile Time-Domain Electromagnetic (\"VTEM\") targets (see news release dated July 9, 2025). Fourteen holes were surveyed with borehole electromagnetics (\"BHEM\"). Highlights: Why This Matters BHEM Results - 14 of the 15 2025 holes were surveyed and returned BHEM anomalies that are known to correlate directly with massive or semi-massive sulphide mineralization (the host for the Cu-Ni-Co-PGE) (see Figure 1). Surveys from the deepest holes identified modeled plates located below the Mineral Resource Estimate (\"MRE\"). Drill hole DSLK-25-015 will be surveyed with BHEM in the coming days. Deposit Type - Selkirk mineralization is primarily disseminated sulphides with average thickness greater than 100 metres containing narrow intervals of massive sulphides.Proven Targeting Method - The strong and consistent correlation with massive sulphides has confirmed that BHEM is a proven exploration tool for identifying additional mineralization at Selkirk. New Discovery Opportunities from VTEM - Two of the three VTEM drill holes are located along the same geological horizon of the Selkirk deposit and intersected intervals of massive and disseminated sulphides (Figure 2). Assays are pending. Funded Next Catalysts Re-open deep historical holes outside the MRE and survey with BHEM starting with historical hole DSLK007. This hole was drilled in 2003 and intersected disseminated sulphides over 142 metres with sporadic narrow massive sulphide intervals grading up to 2.99% Ni. This intersection is located 480 metres down plunge of the mineralized envelope.Integrate BHEM results with geological and assay data to refine 3D models of mineralized zones.Pending assay results, follow-up drilling of mineralized zones associated with the VTEM targets.Complete additional surface...