Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.04 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.27 +11.9% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.51 +1.2% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0%
Drill Results Routine +

NexMetals Intersects 10.50 Metres of Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-209, Expanding the Flexure Zone

Advancing high-grade Cu-Ni-Co-PGE assets in Botswana through aggressive resource expansion and metallurgical breakthroughs.

By The Northwire Desk — AI Analysis Mar 26, 2026 · 07:01 NEXM · 3.18 NexMetals Mining Corp.
Executive Summary

The most recent news (March 26, 2026) reports visual results from drill hole SMD-26-209 at the Selebi Main project. The hole intersected a 10.50-metre interval of sulphide mineralization, including two massive sulphide intervals totaling 9.0 metres (3.05m and 5.95m). This drilling targets the "Flexure Zone," a newly identified area down-dip and down-plunge of the 2024 Mineral Resource Estimate (MRE). The company notes that thick massive sulphides have now been intersected in holes spaced more than 300 metres apart, confirming the lateral continuity of this high-grade system.

Material Impact

The impact is Routine - Positive. While the intersection of massive sulphides is technically significant, it is a follow-up to a series of high-grade results reported throughout Q1 2026 (e.g., 11.05m of 7.31% CuEq in hole SMD-25-205). - Consistency: The results validate the use of Borehole Electromagnetic (BHEM) surveys as a highly accurate targeting tool. - Resource Growth: These results confirm that mineralization extends well beyond the 2024 MRE boundaries, supporting the company’s goal of a significant resource upgrade in H2 2026. - Economic Implications: The CEO noted that increased thickness at depth could improve project economics, though specific grades for this hole are still pending. - Context: This follows a massive C$80M financing in late 2025, meaning the company is fully funded to execute this 30,000m program.

NEXM · Price
Company Overview

NexMetals (formerly Premium Resources) is focused on the redevelopment of the Selebi and Selkirk Mines in Botswana. - Selebi Mines: Flagship project. A past-producing Ni-Cu mine. Recent focus is on the "Hinge" and "Flexure" zones to prove that Selebi North and Selebi Main are part of a single, massive system. - Selkirk Mine: A large-scale disseminated sulphide deposit with high-grade massive sulphide potential in the footwall.

Read the original news release →

More from NexMetals Mining Corp.

Jun 24, 2026 · 07:01

NexMetals’ indicated resource reaches 1.1 billion pounds of copper equivalent despite a going-concern warning and collapsing share price.

Resource Estimate Jun 04, 2026 · 07:01

NexMetals confirms smelter-ready concentrates at its Selkirk project, though dilution and going concern risks continue to weigh on the stock.

Technical Study Jun 01, 2026 · 07:01

NexMetals Drills Into Flexure Zone Continuity as Botswana Copper-Nickel Play Tests Cash Runway Ahead of H2 Resource Update

Drill Results May 07, 2026 · 07:05

Drilling Confirms Flexure Zone Continuity as NexMetals Eyes H2 Resource Update Amidst Valuation Compression

Drill Results Apr 27, 2026 · 07:01

NexMetals

Technical Study Apr 01, 2026 · 07:01

Botswana’s Brownfield Revival Gains Momentum as High-Grade Copper-Nickel Intercepts Expand Resource Footprint

Resource Estimate