other_material
confidence high
sentiment positive
materiality 0.75
NexMetals announces metallurgical breakthrough at Selebi Mines: separate Cu and Ni-Co concentrates achieved
NexMetals Mining Corp.
- Copper concentrate: 87% Cu recovery, 27.6% grade. Nickel concentrate: 55.9% Ni, 64.7% Co recovery, 10.5% Ni grade.
- New flowsheet may eliminate need for on-site smelter/hydrometallurgical plant, reducing capital and execution risk.
- Results from underground bulk sample from Selebi North and Main deposits; further optimization underway.
- Mineralogical studies and flowsheet optimization planned to improve nickel recovery; concentrate quality assessment in progress.
- CEO states this is transformational; results will be incorporated into updated mineral resource estimate.
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