other material
confidence high
sentiment positive
materiality 0.80
NexMetals Selkirk resource jumps 70%: 1.1B lbs CuEq indicated, 200M lbs inferred
NexMetals Mining Corp.
- Indicated resource: 78.2 Mt at 0.66% CuEq (1.1B lbs CuEq); Inferred: 15.1 Mt at 0.60% CuEq (200M lbs).
- Key drivers: improved metallurgical recoveries, inclusion of Co, Ag, Au as payable, expanded resampling dataset.
- Strip ratio reduced to 1.02:1 from 1.65:1, enhancing open-pit development potential.
- Metal prices used: Cu $5.10/lb, Ni $9.10/lb, Co $20/lb, Pt $1,800/oz, Pd $1,550/oz, Au $3,600/oz, Ag $52/oz.
- Company to evaluate strategic options including partnerships, spin-out, or economic study.