Project UpdateJun 2, 2026, 06:12 AM
NexMetals Intersects 11.15m Massive Sulphides at Selebi Main Flexure Zone
AI Summary
NexMetals Mining Corp. reported encouraging visual results from its ongoing 30,000-meter surface drilling program at the Selebi Main deposit in Botswana, targeting the Flexure Zone. Drill hole SMD-26-212-W1 intersected a significant 11.15-meter interval of massive sulphides, with other holes also showing wide mineralization. These results support the expansion potential and continuity of the mineralized system, with assays pending. The company also included cautionary statements regarding mineral resource definitions under NI 43-101 versus S-K 1300.
Key Highlights
- Drill hole SMD-26-212-W1 intersected 11.15 meters of massive sulphides.
- SMD-26-210 intersected 4.85 meters of mineralization, including 3.65 meters of massive sulphides.
- SMD-26-213 intersected 1.75m massive sulphides and a 20.80m mineralized zone.
- Visual results consistent with prior high-grade assays, including 10.4m of 6.82% CuEq.
- Flexure Zone expanded with thick, continuous massive sulphide intervals over 300m spacing.
- Assays for the recently reported drill holes are currently pending.
- Updated Mineral Resource Estimate for Selebi Main expected in H2 2026.
Price Impact
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