Nexcel begins Burnt Hill historical data compilation

Executive Summary

• Nexcel Metals Corp. has commenced the comprehensive compilation and digitization of historical exploration data for its Burnt Hill tungsten project in New Brunswick.
• The data integration is being conducted by specialist Graham Giles, PGeo, to create a modern GIS framework that will refine exploration strategies and support upcoming field activities.
• Preliminary insights from the historical data review have already led to a modification in the planned airborne geophysical survey parameters to target deeper subsurface features, influencing the design of the initial drill program scheduled for summer 2026.

Key Details

• Data Compilation: A specialist is integrating historical geological, geochemical, geophysical, and drilling information into a unified digital database to enhance exploration planning efficiency.
• Survey Modifications: Based on the ongoing data review, Nexcel has modified the parameters of its proposed airborne geophysical survey (scheduled for spring 2026) to target deeper subsurface features, aiming to detect potential extensions of mineralization at depth.
• Drilling Plans: The updated data framework will assist in identifying priority targets for the company's initial drill program, currently planned for summer 2026.
• Project Location: Burnt Hill tungsten project, New Brunswick, Canada.
• Resource Estimates (NI 43-101, 2013 Report):
  • Indicated Resource: 1,761,000 tonnes averaging 0.292% WO3, 0.007% MoS2, and 0.008% SnO2.
  • Inferred Resource: 1,520,000 tonnes averaging 0.263% WO3, 0.008% MoS2, and 0.005% SnO2.
  • Property Size: Approximately 1,540 hectares in central New Brunswick.
  • Additional Mineralization: Several other areas of identified tin, tungsten, and molybdenum mineralization exist within the property boundary but are not yet at the resource stage.
• Qualified Person: Francis Newton, PGeo, has reviewed and approved the scientific and technical information.

Notable Quotes

• "The updated GIS framework will allow Nexcel to better analyze historical exploration results and refine its exploration strategy for the project."
• "Preliminary insights derived from the historical data review have already influenced the company's exploration planning... Nexcel has elected to modify the proposed parameters of its planned airborne geophysical survey to target deeper subsurface features than originally planned."