Nexcel Metals Corp. Expands Burnt Hill Tungsten Project to 5,677 Hectares Through Additional Claim Staking

Executive Summary

• Nexcel Metals Corp. staked additional mineral claims, expanding the Burnt Hill Tungsten Project from ~1,540 ha to ~5,677 ha (≈3.7‑fold increase).
• The enlarged land package adds exposure to granite‑related structural corridors that host known tungsten mineralization and provides new, untested exploration targets.
• Nexcel is advancing plans for a Phase 1 drill program in Summer 2026 to test both existing zones and the newly identified targets across the expanded property.

Key Details

• Land Expansion: Total project area now ~5,677 ha (previously 1,540 ha).
• Geological Rationale: New claims cover extensions of a granite‑related structural corridor interpreted to control known tungsten mineralization; considered highly prospective for additional tungsten zones.
• Exploration Benefits:
• Increased exposure to favourable granite‑associated mineralized trends.
• Additional untested exploration targets.
• Enhanced potential for new discoveries beyond historically defined zones.
• Planned Drill Program (Phase 1 – Summer 2026):
• Objective: Confirm and expand known tungsten zones; test newly identified geophysical/geological targets; evaluate the broader mineralized system across the expanded footprint.
• Resource Context (as of 2013 NI 43‑101 report):
• Indicated resource: 1,761,000 t @ 0.292 % WO₃ (open pit & underground) and 1,520,000 t @ 0.263 % WO₃ (inferred).
• Contained metal (indicated): 8.99 M lb W, 162.91 k lb Mo, 244.64 k lb Sn.
• Contained metal (inferred): 6.99 M lb W, 160.7 k lb Mo, 131.98 k lb Sn.
• Qualified Person: Francis Newton, P.Geo., reviewed and approved the technical information (not independent).

Notable Quotes

“This strategic expansion of the Burnt Hill Project significantly strengthens our control over a highly prospective tungsten system… With the Project now more than tripling in size, we have created a much larger exploration pipeline and are well positioned to generate and test multiple high‑quality targets as we move toward our planned Summer 2026 drill program.” – Hugh Rogers, CEO, Nexcel Metals Corp.