Historical Data Compilation
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Nexcel Metals Announces Appointment of GIS and Data Compilation Consultant to Advance Burnt Hill Tungsten Project
TMX Newsfile· 2026-02-23 08:45
Core Viewpoint - Nexcel Metals Corp. has appointed Mr. Graham Giles as a geological consultant to enhance technical work at the Burnt Hill tungsten project in New Brunswick, Canada, following the publication of a 43-101 technical report [1][3]. Group 1: Appointment of Consultant - Mr. Graham Giles brings over 15 years of experience in mineral exploration, focusing on geological data compilation, database management, GIS integration, and resource modeling [2]. - The consultant's short-term objective is to compile, digitize, and verify all available historical geological, geophysical, geochemical, and drilling data related to the Burnt Hill project [3]. Group 2: Project Details - The Burnt Hill tungsten/molybdenum property spans approximately 1,540 hectares and hosts a NI 43-101 indicated resource of 1,761,000 tonnes with an average of 0.292% WO3, 0.007% MoS2, and 0.008% SnO2 [5]. - Additionally, there are 1,520,000 inferred tonnes averaging 0.263% WO3, 0.008% MoS2, and 0.005% SnO2 [5]. Group 3: Exploration Program - The results from the historical data compilation and updated resource modeling will inform the Company's Phase 1 exploration program, aimed at optimizing exploration planning and capital allocation [3]. - The CEO of Nexcel emphasized that a comprehensive review of historical data is crucial for reducing technical risk and efficiently targeting resource expansion opportunities [3]. Group 4: Market-Making Services - Nexcel has engaged Venture Liquidity Providers Inc. for market-making services to maintain an orderly trading market for its shares on the Canadian Securities Exchange, with a fee of CAD $5,000 per month for three months [8][9].