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NexMetals Outlines 2026 Technical Work Programs to Advance Selebi and Selkirk Deposits in Botswana and Accelerates CEO Transition
TMX Newsfile· 2026-01-15 12:00
Core Viewpoint - NexMetals Mining Corp. is positioned to accelerate resource growth and advance its Selebi and Selkirk projects in Botswana in 2026, following successful developments in 2025 [1][5]. Achievements in 2025 – Setting the Foundation for Growth - The company secured unencumbered title to the Selebi and Selkirk assets in Botswana after completing a milestone payment [5]. - A strengthened balance sheet was achieved through strategic financings to support exploration and development [5]. - The drill program advanced to target the two-kilometer gap between the Selebi Main and Selebi North deposits [5]. - Surface and underground exploration drilling expanded the mineralized footprint and improved geological understanding [5]. - Successful bench-scale testing of metallurgical flowsheets demonstrated the potential for producing high-grade, saleable copper and nickel cobalt concentrates [5]. 2026 Strategy Highlights – Moving Toward Economic Studies - The company plans to complete a Mineral Resource Estimate (MRE) update in H1 2026 and a Preliminary Economic Assessment (PEA) in H2 2026 [5][8]. - The Selebi Main surface drilling program will involve approximately 30,000 meters of drilling targeting resource expansion [5][8]. - Ongoing metallurgical testing aims to refine and optimize the metallurgical flowsheet for Selebi Mine material [5][8]. - The company expects a steady flow of technical results throughout 2026, which will significantly advance the projects [7]. Selkirk Mine – What to Expect in H1 2026 - The metallurgical drill program at Selkirk has been successfully completed, supporting resource modeling and future economic studies [5]. - The drill core resampling program at Selkirk was completed, which is essential for the upcoming MRE update [5]. - Assay results from exploration drilling and soil sampling programs are anticipated to provide further insights into resource potential [5].