Research analysts covering NexMetals Mining.
Recent press releases and 8-K filings for NEXM.
NexMetals Mining Corp. Reports High-Grade Assay Results from Selebi North Deposit
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced assay results from three additional drill holes at its Selebi North Underground (SNUG) deposit on January 27, 2026.
- Drill Hole SNUG-25-194 intersected 32.45 metres of 4.61% CuEq (1.61% Cu, 1.46% Ni), including 9.65 metres of 5.88% CuEq (2.35% Cu, 1.72% Ni).
- These results strengthen confidence in the size and continuity of the deposit and will be incorporated into an updated Mineral Resource Estimate (MRE) in 2026.
- Since the 2024 MRE, an additional 42,000 metres of drilling has been completed, extending mineralization over 315 metres beyond the lower extent of the resource.
Jan 27, 2026, 12:00 PM
NexMetals Mining Corp. Reports Strong Drilling Results and Resource Expansion Potential
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced strong initial results from its ongoing surface drilling program in Botswana, with drill hole SMD-25-205 intercepting 11.05 metres of mineralization.
- The drilling program, targeting the gap between Selebi Main and Selebi North deposits, identified a "Super Conductor" which reflects the highest-amplitude BHEM response recorded at Selebi Main in the Company’s history.
- These results reinforce the belief that mineralization is continuous between Selebi Main and Selebi North and extends well beyond current resource boundaries, with new massive sulphide intercepts suggesting an increase in thickness at depth, potentially enhancing project economics.
- The Company's focus for 2026 will be resource expansion at Selebi Main, specifically targeting the "Super Conductor" to define areas of thick mineralization for incorporation into an updated Mineral Resource Estimate.
Jan 20, 2026, 12:00 PM
NexMetals Mining Corp. Announces Positive Drill Results from Selkirk Mine
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced assay results from the final three holes of its 2025 metallurgical drill program at the Selkirk Mine in Botswana on December 3, 2025.
- Key results include a significant intercept of 231.00 metres of 1.09% Copper Equivalent (CuEq), with a higher-grade section of 97.00 metres of 1.28% CuEq from hole SMET-25-009.
- These findings confirm wide, continuous zones of mineralization and demonstrate potential for expansion of the deposit both at depth and towards the surface.
- All reported assay results will be incorporated into an updated Mineral Resource Estimate (MRE), and metallurgical test work is ongoing to optimize the flowsheet and maximize recoveries.
Dec 3, 2025, 12:00 PM
NexMetals Secures Title to Selebi and Selkirk Assets
NEXM
New Projects/Investments
M&A
- NexMetals Mining Corp. (NEXM) has completed a US$25 million contingent milestone payment to the BCL Liquidator.
- This payment secures unencumbered title to both the Selebi and Selkirk copper, nickel, cobalt, and platinum group element (Cu-Ni-Co-PGE) assets in Botswana.
- The completion of this payment, following recent equity financing, is expected to enable the company to proceed with reduced risk and accelerate work programs on both projects.
Dec 2, 2025, 12:00 PM
NexMetals Mining Corp. closes C$80 million public offering and welcomes new shareholder
NEXM
New Projects/Investments
- NexMetals Mining Corp. successfully closed a public offering on November 17, 2025, raising C$80,000,070 in gross proceeds at a price of C$5.70 per Unit.
- The offering introduced Condire Investors, LLC as a new 9.9% shareholder and saw significant shareholder EdgePoint Investment Group Inc. increase its holding to approximately 17.6% of outstanding common shares.
- The net proceeds are designated for the prepayment of a milestone payment for the Selebi and Selkirk mines, advancing exploration and development activities in Botswana, and for general corporate purposes.
Nov 17, 2025, 9:05 PM
NexMetals Upsizes Public Offering to C$80 Million
NEXM
New Projects/Investments
- NexMetals Mining Corp. (NEXM) has increased its public offering from up to C$65,000,000 to up to C$80,000,000 due to strong demand from institutional investors.
- The offering consists of up to 14,035,100 Units, with each Unit comprising one common share and one common share purchase warrant exercisable at C$8.00 for 24 months.
- Net proceeds are intended to fund the prepayment of a milestone payment for the Selebi and Selkirk mines, advance exploration and development activities in Botswana, and for working capital and general corporate purposes.
- The offering is expected to close on or about November 13, 2025.
Oct 30, 2025, 2:08 PM
NexMetals Mining Corp. Announces C$65 Million Public Offering of Units
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced a "best efforts" public offering of up to C$65 million.
- Each unit, priced at C$5.70, includes one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at C$8.00 for 24 months.
- The net proceeds are intended to prepay the first contingent milestone payment for the Selebi and Selkirk mines, advance exploration in Botswana, and for general corporate purposes.
- The offering, which was upsized from $50 million due to strong demand, is expected to close around November 13, 2025.
Oct 28, 2025, 2:26 PM
NexMetals Mining Corp. Announces Positive Metallurgical Assay Results for Selebi Mines
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced positive metallurgical assay results from its bulk sample test program at the Selebi Mines in Botswana on October 22, 2025.
- The results confirm the potential to produce clean, high-grade, saleable copper and nickel-cobalt concentrates that meet industry-standard smelter acceptance criteria.
- Both concentrates exhibit very low levels of deleterious elements, falling below industry-standard penalty thresholds.
- This outcome supports a low-capital restart pathway for operations, as it eliminates the need for an on-site smelter or hydrometallurgical plant, thereby reducing capital intensity and execution risk.
Oct 22, 2025, 11:00 AM
NexMetals Mining Corp. Announces Selkirk Mine Drill Assay Results
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced assay results from 4 additional holes of its 2025 metallurgical drilling program at the Selkirk Mine in Botswana, bringing the total released holes to 8 of 11 as of October 7, 2025.
- Key results include drill hole SMET-25-005 intersecting 219.00 metres of 1.03% CuEq, which included 157.00 metres of 1.21% CuEq.
- These results reinforce the scale and consistency of mineralization at Selkirk and indicate potential for resource expansion and open-pit development.
Oct 7, 2025, 11:00 AM
NexMetals Mining Corp. Intersects Significant Mineralization at Selebi North
NEXM
New Projects/Investments
- NexMetals Mining Corp. announced the intersection of 32.60 metres of continuous mineralization, including 19.90 metres of massive sulphide, in drill hole SNUG-25-194 at its Selebi North Underground (SNUG) deposit.
- This intersection represents the thickest interval of mineralization drilled by the company in its 2025 resource expansion program.
- The drill hole successfully bridged two major step-out holes, confirming down-plunge continuity and strengthening the geological model, which is expected to support a potential expansion of the resource envelope for a future updated Mineral Resource Estimate.
Oct 1, 2025, 11:00 AM
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