Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

NexMetals Reports 180.8 Metres of 1.31% CuEq from Selkirk Resampling Program and Engages IR Advisory Firm

High-grade copper-nickel intercepts and metallurgical breakthroughs in Botswana set the stage for a major 2026 resource expansion.

By The Northwire Desk — AI Analysis Mar 19, 2026 · 08:02 NEXM · 3.38 NexMetals Mining Corp.
Executive Summary

The most recent news (March 19, 2026) reports significant assay results from a 34-hole resampling program at the Selkirk Mine in Botswana. Key intercepts include 180.80 meters of 1.31% CuEq and 101.00 meters of 0.85% CuEq. These results are critical because they incorporate Platinum Group Elements (PGEs) which were historically ignored, potentially increasing the overall resource value and reducing the strip ratio for a future open-pit operation. This follows a string of high-grade results from the Selebi Main Flexure Zone (March 2, 2026) which reported 11.05 meters of 7.31% CuEq, confirming mineralization extends well beyond current resource boundaries.

Material Impact

The recent news is Material - Positive. - Resource Expansion: The resampling at Selkirk and the "Flexure Zone" discovery at Selebi Main provide high-confidence data for the upcoming Mineral Resource Estimate (MRE) updates in Q2 2026. - Economic De-risking: The inclusion of PGEs and the metallurgical breakthrough (announced late 2025) allowing for separate copper and nickel concentrates significantly lowers projected CAPEX by potentially removing the need for an on-site smelter. - Validation: The results confirm the "Super Conductor" targets identified via BHEM, proving the company's technical model for finding high-grade massive sulphides at depth.

NEXM · Price
Company Overview

NexMetals (formerly Premium Resources) operates the Selebi and Selkirk Mines in Botswana. - Selebi: A past-producing underground mine. Recent drilling has identified a "Flexure Zone" and "Super Conductors" that suggest the deposit is much larger than historically understood. - Selkirk: A large-scale Cu-Ni-PGE deposit with open-pit potential. Recent resampling has confirmed wide intervals of mineralization starting near surface.

Read the original news release →

More from NexMetals Mining Corp.

Oct 20, 2026 · 07:01

NexMetals triples its Selebi North resource estimate, prompting an immediate capital raise to address ongoing cash burn concerns.

Resource Estimate Oct 01, 2026 · 07:01

NexMetals reports a 72% increase in the Selebi Main resource, which remains entirely Inferred, while its cash balance has decreased to $10.5 million.

Resource Estimate Sep 23, 2026 · 07:01

NexMetals confirms a 6.5% CuEq step-out assay within a 1.5 km trend at its project.

Drill Results Aug 17, 2026 · 07:01

NexMetals expands the trend with a 450 m step-out, though assays are pending to confirm the evidence.

Drill Results Aug 07, 2026 · 17:16

NexMetals’ Selkirk MRE confirms 70% copper equivalent growth, though a capital raise remains a key overhang for the project.

Resource Estimate Jul 22, 2026 · 07:01

NexMetals reports high-grade massive sulphide intercepts at Selebi Main, extending a kilometre-scale trend and validating resource expansion potential.

Drill Results