other_material
confidence high
sentiment positive
materiality 0.75
NexMetals hits 10.40m of 6.82% CuEq at Selebi Main, 320m beyond 2024 MRE
NexMetals Mining Corp.
- Intersected 10.40m grading 6.82% CuEq (3.09% Cu, 1.83% Ni), 320m down-dip of the 2024 resource boundary.
- Step-out hole SMD-25-203 returned 16.10m sulphide mineralization 385m down-plunge, 620m beyond the 2024 MRE.
- Drilling now at 200m spacing; updated MRE expected H2 2026 with 'significantly larger tonnage' cited.
- Five drill rigs active; four holes in progress at Selebi Main; third mineralized horizon emerging.
- CEO noted all reported holes returned grades and widths above the 2024 MRE cut-off.
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