RETRANSMISSION: NexMetals Reports 11.05 Metres of 7.31% CuEq in SMD-25-205 Located 130 Metres Down-Dip from the Selebi Main Resource Within the Emerging Selebi Main Flexure Zone
NexMetals Mining CorpNexMetals Mining Corp(US:NEXM) TMX Newsfile·2026-03-02 14:00

Core Viewpoint - NexMetals Mining Corp. reports significant high-grade drill results from its ongoing surface drilling program at the Selebi Main Flexure Zone, indicating strong potential for resource expansion beyond the current mineral resource estimate [1][9]. Summary by Sections Drill Results - Drill hole SMD-25-205 intersected two mineralization zones with 11.05 metres of 7.31% CuEq (3.00% Cu and 2.09% Ni), including 5.75 metres of 8.73% CuEq (3.98% Cu and 2.31% Ni) [8]. - Drill hole SMD-25-203 intersected a mineralized zone of 18.30 metres, located 685 metres beyond the current Selebi Main mineral resource estimate [8]. - Drill hole SMD-26-208 intersected three zones of massive and disseminated sulphides, with the upper zone showing 2.15 metres of massive sulphides [8]. - Drill hole SMD-25-204 intersected multiple narrow massive sulphide intervals, including 0.85 metres of 6.24% CuEq at a distance of 1,000 metres beyond the Selebi North mineral resource estimate [8]. Resource Expansion Potential - The results confirm the presence of an emerging Flexure Zone, indicating that the mineralized system extends beyond current resource boundaries, suggesting strong potential for adding significant tonnes in future mineral resource estimate updates [8][9]. - The Flexure Zone encompasses a recently identified 700 metre x 700 metre Super Conductor BHEM plate, along with additional strong conductive responses extending beyond SMD-25-203 [8]. Company Operations - The company has completed 15,540 metres of drilling across seven completed holes, one hole extension, and three holes currently in progress as part of the Selebi Main surface drilling program [9]. - The drilling program targets extensions of the Selebi Main mineralized system associated with high-priority BHEM conductors [9]. Technical Information - The mineralization estimates are supported by a technical report prepared in accordance with NI 43-101 and Subpart 1300 of Regulation S-K, which is available on SEDAR+ and EDGAR [20].

NexMetals Mining Corp-RETRANSMISSION: NexMetals Reports 11.05 Metres of 7.31% CuEq in SMD-25-205 Located 130 Metres Down-Dip from the Selebi Main Resource Within the Emerging Selebi Main Flexure Zone - Reportify