Welcome to our dedicated page for NEXMETALS MINING news (Ticker: NEXM), a resource for investors and traders seeking the latest updates and insights on NEXMETALS MINING stock.
NexMetals Mining Corp. (NEXM) news covers the company’s progress as a dual-listed mineral exploration and development company focused on copper, nickel, cobalt and platinum group element projects in Botswana. Through its disclosures, NexMetals highlights the redevelopment of the past-producing Selebi and Selkirk mines and the technical and corporate milestones that shape these assets.
Readers of the NEXM news feed can follow project-level updates such as drilling results, metallurgical test outcomes, and advances in geophysical programs at Selebi and Selkirk. Recent releases describe wide, continuous Cu-Ni-Co-PGE mineralized intervals at the Selkirk Mine, metallurgical drilling campaigns, and confirmation that blended material from Selebi Main and Selebi North can yield clean, high-grade, saleable separate copper and nickel-cobalt concentrates.
The news flow also includes strategic and financing announcements. NexMetals has reported a best-efforts public offering of units, the listing of common share purchase warrants on the TSX Venture Exchange, and the use of proceeds to fund milestone payments under asset purchase agreements and to advance exploration and development activities in Botswana. These items provide context on how the company is funding and structuring its project work.
Governance and leadership developments feature prominently as well. NexMetals has announced a CEO succession plan, the appointment of a new director with extensive mining experience, and the formation of a Safety, Sustainability and Technical Committee at the board level. Equity incentive grants under the company’s Omnibus Equity Incentive Plan are also disclosed through news releases.
For investors and observers, the NexMetals news page offers a consolidated view of technical results, corporate actions, financing events and board-level decisions that influence the NEXM story. Regularly reviewing these updates can help users understand how the company is advancing its Selebi and Selkirk projects and managing its capital and governance framework.
NexMetals (TSXV: NEXM, NASDAQ: NEXM) released assays from four additional holes of its 2025 metallurgical drilling program at the Selkirk Cu-Ni-Co-PGE mine in Botswana on October 7, 2025. Key intercepts include 219.0 m @ 1.03% CuEq (from 47.0 m) and 157.0 m @ 1.21% CuEq (included), plus 66.35 m @ 1.17% CuEq in a second hole. Several wide intervals start near surface (e.g., 48.0 m @ 0.57% CuEq from 47.0 m), supporting open-pit potential and a low strip ratio. Current MRE cut-off of US$25/t NSR equals 0.46% CuEq; some reported intervals lie outside the existing MRE but within the conceptual pit shell, indicating expansion potential. Additional assays and metallurgical testwork from the 2025 program will be released ongoingly.
NexMetals Mining (NASDAQ:NEXM) has announced significant drilling results at its Selebi North Underground project, intersecting 32.60 metres of continuous mineralization, including 19.90 metres of massive sulphide across five sub-intervals. The new drill hole, SNUG-25-194, successfully bridges mineralization between two major step-out holes, with true thickness estimated at 60-65%.
The company plans to conduct borehole electromagnetic surveys to characterize conductive trends and confirm continuity. These results will be incorporated into an updated Mineral Resource Estimate (MRE), potentially expanding the resource envelope. The intersection represents the thickest interval of mineralization in NEXM's 2025 resource expansion program.
NexMetals Mining (NASDAQ: NEXM) has announced significant drill results from its Selkirk Mine in Botswana, highlighting substantial Cu-Ni-Co-PGE mineralization. The key result comes from drill hole SMET-25-004, which intercepted 210 meters of 1.06% CuEq, including 74 meters of 1.28% CuEq. Additionally, SMET-25-001 showed promising near-surface mineralization starting at 13 meters depth.
The results demonstrate continuous mineralization outside the current Mineral Resource Estimate (MRE) and within the conceptual pit shell, suggesting potential for deposit expansion. With a current cut-off grade of 0.46% CuEq ($25.00/tonne NSR), these high-grade intercepts significantly exceed the economic threshold for potential mining.
These findings represent the latest results from a 12-hole metallurgical drilling program, with more assays pending release.
NexMetals Mining (NASDAQ:NEXM) has announced significant drill results from its Selkirk Mine in Botswana, a past-producing Cu-Ni-Co-PGE deposit. The highlights include drill hole SMET-25-003 which intercepted 201.30 metres of 0.91% CuEq, including 158.75 metres of 1.00% CuEq, and SMET-25-002 with 85.00 metres of 0.98% CuEq.
The results are part of a 12-hole metallurgical drilling program, with these first two holes demonstrating consistent mineralization and expansion potential. Notably, mineralization was found outside the current Mineral Resource Estimate but within the conceptual pit shell, suggesting potential for near-surface expansion with a low strip ratio. The current cut-off grade of 0.46% CuEq (US$25.00 per tonne NSR) indicates potential mining viability for the intercepted zones.
Selected samples are currently undergoing variability testing and flowsheet optimization at Blue Coast Research labs in British Columbia.NexMetals Mining Corp. (NASDAQ: NEXM) has achieved a significant metallurgical breakthrough at its Selebi Mines in Botswana. The company can now produce two separate high-grade saleable concentrates: a copper concentrate with 27.6% Cu and 87.0% recovery, and a nickel-cobalt concentrate with 10.5% Ni, 0.59% Co, and respective recoveries of 55.9% and 64.7%.
This advancement eliminates the need for an on-site smelter or hydrometallurgical facility, potentially reducing capital requirements and operational complexity. The new flowsheet design offers lower energy requirements and a reduced environmental footprint compared to historical operations. Blue Coast Research conducted the testing using conventional metallurgical processes, with further optimization expected through ongoing mineralogical studies.
NexMetals Mining (TSXV: NEXM) has announced significant re-assay results from its ongoing 34-hole resampling program at the past-producing Selkirk Mine in Botswana. The program revealed notable intercepts including 107.0 metres of 0.94% CuEq (including 91.00 metres of 0.99% CuEq) in hole DSLK129 within the current mineral resource estimate (MRE), and 123.1 metres of 0.47% CuEq in hole DSLK130 outside the MRE but within the conceptualized pit shell.
The results demonstrate potential for deposit expansion, particularly as historical drill holes were inconsistently analyzed for Platinum Group Elements (PGEs). The current cut-off of US $25.00 per tonne net smelter return translates to 0.46% CuEq, suggesting any material above this grade could be potentially mined.
[ "Strong mineralization confirmed with 107.0 metres of 0.94% CuEq within the MRE", "Additional mineralization discovered outside MRE but within pit shell showing expansion potential", "Near-surface mineralization supports potential for open-pit development", "PGE values previously untested show promise for resource expansion" ]NexMetals Mining (NASDAQ:NEXM) has reported significant drilling results from the Selebi North Underground deposit, with drill hole SNUG-25-189 intersecting high-grade mineralization. The key intersections include 4.90 metres of 4.39% CuEq (0.73% Cu, 1.77% Ni) in the South Limb and 19.40 metres of 3.93% CuEq (1.05% Cu, 1.40% Ni) in the N2 Limb, including 13.55 metres of 4.02% CuEq.
The results confirm mineralization continuity at greater depths, extending beyond the 2024 resource limits. Ongoing drilling aims to evaluate the strike extent, with pending results from SNUG-25-191 and SNUG-25-192 currently in progress. The drilling program demonstrates consistent high-grade copper, nickel, and cobalt mineralization, suggesting potential for further resource expansion.
[ "High-grade mineralization confirmed with 19.40 metres of 3.93% CuEq", "Mineralization extends beyond 2024 resource limits, indicating expansion potential", "Consistent copper, nickel, and cobalt grades across intersections", "Multiple mineralized zones identified across South Limb and N2 Limb" ]NexMetals Mining (NASDAQ: NEXM) has announced successful results from its borehole electromagnetic (BHEM) surveys at the Selkirk Mine in Botswana, a past-producing copper-nickel-cobalt-platinum group elements site. The company completed 3,903 metres of drilling across 12 holes, plus an additional 522 metres in three holes testing VTEM targets.
The BHEM surveys, conducted on 14 of 15 drill holes, revealed anomalies correlating with massive or semi-massive sulphide mineralization. Notably, two VTEM drill holes intersected massive and disseminated sulphides along the same geological horizon as the Selkirk deposit. The Selkirk mineralization features disseminated sulphides with average thickness exceeding 100 metres, containing narrow intervals of massive sulphides.
NexMetals Mining Corp. (NASDAQ: NEXM) reported significant drill results from the Selebi North Underground deposit, with drill hole SNUG-25-186 intersecting 16.25 metres of 3.06% CuEq, including 6.45 metres of 5.28% CuEq. The results extend the South Limb mineralization 315 metres down-plunge beyond the 2024 Mineral Resource Estimate, representing a 35% expansion of the down-plunge extent.
The high-grade intercepts include substantial copper and nickel content, with the best intersection showing 2.30% Cu and 1.44% Ni. This follows previous results from SNUG-25-184, which intercepted 13.50 metres of 3.68% CuEq. The Company continues drilling to test the strike extent of the new mineralization, with additional results pending from other drill holes.
NexMetals Mining (NASDAQ:NEXM) has reported promising initial results from bulk test work using X-ray transmission (XRT) ore sorting at its Selebi Mine in Botswana. The technology demonstrated a 15.2% head grade increase and achieved 98% recovery rates for both copper and nickel.
Key technical achievements include an overall mass reduction of 15.2%, upgrade factors of 1.15 for both copper and nickel, and significant waste reduction. The process successfully separated high-density ore from lower-density waste, with copper and nickel grades upgraded by factors of 1.34 within the sorting process.
The company has initiated additional XRT trials at IMS Engineering in South Africa, focusing on reducing fines production and evaluating pre-concentration potential for the Selkirk project. These improvements could lead to reduced operating costs, water usage, and improved carbon footprint.