Vancouver, British Columbia--(Newsfile Corp. - July 14, 2026) - Nexcel Metals Corp. (CSE: NEXX) (OTCQB: NXXCF) (FSE: 2OH) ("Nexcel" or the "Company") is pleased to announce that it has selected an experienced local drilling contractor for the Company's fully permitted 2026 diamond drill program at its Burnt Hill Tungsten Project located in central New Brunswick, Canada.
Following the Company's recent announcement regarding receipt of drill permits for the Burnt Hill Project, execution of the drilling services agreement represents another significant milestone in advancing the Burnt Hill Project toward active exploration and resource estimation.
The initial exploration program is expected to consist of approximately 5,000 metres of NQ diamond drilling from up to 15 permitted drill pad locations designed to validate and expand the historically defined tungsten mineralization at Burnt Hill. Subject to an anticipated land access agreement, mobilization activities are expected to commence in August, with drilling anticipated to begin shortly thereafter.
Highlights
Competitive contractor evaluation process complete;
Program fully permitted by the Province of New Brunswick;
Approximately 5,000 metres of planned diamond drilling;
Estimated mobilization in mid August; and
Drill campaign designed to validate historical mineralization and support future resource growth.
CEO Commentary
Hugh Rogers, Chief Executive Officer of Nexcel, commented:
"Selecting a drill contractor marks another major step toward commencing what will be Nexcel's first drill program at Burnt Hill. We were impressed by the contractor's technical capabilities, operational experience in Atlantic Canada and commitment to safe and efficient drilling practices. With permits secured, our geophysical interpretation substantially completed, and our drilling contractor now engaged, we are looking forward to commencing field operations."
Mr. Rogers continued:
"Burnt Hill represents one of the most significant historical tungsten deposits in eastern Canada at a time when governments and industry are increasingly prioritizing secure domestic supplies of critical minerals. The 2026 drill campaign is intended to validate historical drilling, improve our understanding of the mineralized system and position the Company for future resource growth. We look forward to commencing drilling and providing shareholders with regular exploration updates as results become available."
2026 Drill Program
The inaugural drilling campaign has been designed to advance several key exploration objectives, including: