Welcome to our dedicated page for Nexcel Metals news (Ticker: NXXCF), a resource for investors and traders seeking the latest updates and insights on Nexcel Metals stock.
Nexcel Metals Corp (OTCQB: NXXCF) generates news primarily through its exploration and corporate developments as a junior mining company. The company’s disclosures focus on its mineral projects in Canada, including rare earth element work at the Lac Ducharme project in Quebec and tungsten-focused activity at the Burnt Hill project in New Brunswick.
News updates from Nexcel include detailed sampling and assay results from exploration programs. For Lac Ducharme, the company has reported significant enrichment in light rare earth elements such as lanthanum, cerium and neodymium, based on rock, channel and backpack drill samples collected across prospective geological units. These releases often summarize sample highlights and describe how new work builds on previous surveys and prospecting.
For the Burnt Hill tungsten project, Nexcel’s news flow has covered the signing and advancement of an option agreement to earn an interest in the property, as well as the subsequent earning of an initial ownership interest. These announcements describe the staged option terms, the size of the property, the presence of a historical mineral resource estimate for tungsten, molybdenum and tin, and the potential formation of a joint venture once certain interest thresholds are met.
Corporate news has also included the company’s up-listing to the OTCQB market in the United States, making its common shares available to a wider group of U.S. investors while continuing to trade on the Canadian Securities Exchange. Investors following NXXCF news can review exploration results, option agreement milestones and listing-related updates in one place, and may wish to check this page regularly for new project and corporate announcements from Nexcel Metals Corp.
Nexcel Metals (OTCQB: NXXCF) expanded its Burnt Hill Tungsten Project in New Brunswick by staking additional claims, increasing the property to approximately 5,677 hectares from 1,540 hectares. The company says the new claims cover granite-related structural corridors linked to known tungsten mineralization.
Nexcel plans a Phase 1 drill program in Summer 2026 to confirm and expand known zones and test new geophysical and geological targets across the enlarged footprint.
Nexcel Metals Corp (OTCQB: NXXCF) engaged Xcalibur MPH to perform a high-resolution HeliTEM airborne electromagnetic and magnetic survey over the Burnt Hill tungsten project in New Brunswick. Mobilization is anticipated around April 1, 2026, with ~1,480 line-kilometres planned and 100 m primary line spacing to guide a 2026 drill program.
The survey aims to identify deep conductive bodies, refine subsurface targets, support geological modelling and define high-priority drill targets for Phase 1 exploration.
Nexcel Metals (OTCQB: NXXCF) announced on March 13, 2026 that Graham Giles, P.Geo., has begun compiling and digitizing historical exploration data for the Burnt Hill Tungsten Project in New Brunswick.
The program integrates geological, geochemical, geophysical, and drilling records into a modern GIS to support a proposed spring 2026 airborne geophysical survey and an initial drill program planned for summer 2026. Preliminary review led Nexcel to adjust survey parameters to target deeper subsurface features and refine drill targeting.
Nexcel Metals (OTCQB: NXXCF) appointed Mr. Ruan Kroukamp as Metallurgical Advisor to support metallurgical strategy and flowsheet optimization for the Burnt Hill Tungsten Project.
Mr. Kroukamp brings 22+ years of metallurgical and tungsten-specific experience; the company will grant 50,000 stock options under its Option Plan.
Nexcel Metals (OTCQB: NXXCF) appointed Mr. Graham Giles, P.Geo, MSc, as a GIS and data compilation consultant to advance the Burnt Hill tungsten project in New Brunswick.
The consultant will compile, digitize, verify historical geological, geophysical, geochemical, and drilling data and integrate it into updated geological and resource models to guide Phase 1 exploration and target resource expansion.
Nexcel Metals (OTCQB: NXXCF) acquired an additional 42% interest in the Burnt Hill Tungsten Project, bringing its total ownership to 71.58% under a Purchase Agreement with Wyloo Ring of Fire Ltd.
Consideration comprised 3,931,094 common shares and 6,250,000 warrants exercisable at $0.90 to Feb 17, 2029; securities face a four-month-plus-one-day hold and staged resale restrictions.
Nexcel Metals (OTCQB: NXXCF) filed an independent NI 43-101 Technical Report for the Burnt Hill Tungsten Project, effective January 26, 2026.
The Project covers ~1,540 hectares in York County, New Brunswick; the report recommends a two‑phase program of data compilation and mapping, sampling and geophysics.
Nexcel Metals (OTCQB: NXXCF) earned an initial 29.58% interest in the Burnt Hill Tungsten Project in New Brunswick under its October 3, 2025 option agreement.
Consideration for the initial interest comprised $170,000 cash plus issuance of 355,775 common shares (deemed $0.78/share) after crediting summer work program costs of $52,495. The company may earn an additional 28.42% (to 58% total) from the same vendor for $250,000 cash and $600,000 in common shares. Upon reaching ≥51% interest a joint venture will be formed with the current owners. The company also issued 1,000,000 common shares to Northex Capital Partners as part of an assignment; issued shares carry hold periods and staggered resale restrictions through October 3, 2028.
Nexcel Metals (OTCQB: NXXCF / CSE: NEXX) reported summer 2025 sampling at the Lac Ducharme REE Project in Manicouagan, Quebec showing significant light rare earth element enrichment. Highlights include total LREE up to 6,802 ppm, individual peaks of 0.323% Ce, 0.169% La and 0.1565% Nd, and an average program LREE of 1,348 ppm. The program collected 107 rock samples, 18 backpack drill holes (16.61 m total) and 30 channels (43.15 m total). Samples were assayed at ALS using ME-MS71L; results were reviewed by a Qualified Person under NI 43-101.
Nexcel Metals (OTCQB: NXXCF) entered an option agreement to earn up to a 58% interest in the Burnt Hill Tungsten Project in New Brunswick by acquiring Cadillac Ventures' 58% stake in four staged options.
Consideration includes cash payments totaling at least $420,000 (staged) and issuance of $930,000 in common shares, with monthly $5,000 payments until the first cash installment and staged share resale restrictions over 36 months. The agreement requires Canadian Securities Exchange approval. On reaching 51% interest, a joint venture will form with the existing 42% minority owner remaining unchanged unless otherwise agreed.