Core Insights - NexMetals Mining (NEXM) has released assay results from two additional drill holes in its metallurgical drilling program at the Selkirk Mine in Botswana, indicating significant mineralization and potential for resource expansion [1][3][8] Company Overview - NexMetals Mining acquired the Selkirk Mine in August 2022 and has been focused on de-risking the project to support future development decisions [3] - The Selkirk Mine is a past-producing copper-nickel-cobalt-platinum group elements mine located in Botswana, 28 kilometers southeast of Francistown [2] Drilling Program Results - The 12-hole drill program aimed to collect samples for metallurgical testing and validate legacy data, with the latest results showing wide intervals of continuous mineralization [3][8] - Notable results include drill hole SMET-25-004, which returned 210.00 meters of 1.06% CuEq, and drill hole SMET-25-001, which showed 45.00 meters of 0.69% CuEq [3][4][8] Mineral Resource Estimate - The current cut-off for the mineral resource estimate (MRE) is set at US$25.00 per tonne net smelter return, translating to 0.46% CuEq, indicating that any material above this cut-off could be mined [7][10] - The technical report revealed inferred mineral resources of 44.2 million tonnes at 0.30% copper, 0.24% nickel, 0.55 g/t palladium, and 0.12 g/t platinum, containing significant quantities of copper and nickel [10] Market Context - The demand for critical metals, particularly copper, has surged due to the green energy transformation, with copper prices increasing by 92% over the last five years [21] - Botswana is looking to diversify its economy beyond diamonds, with copper production being a key focus for economic diversification [18][19] Future Catalysts - Upcoming catalysts for NexMetals Mining include resource expansion, metallurgical results, and optimization efforts, which are expected to unlock the full value and long-term potential of the Selkirk mine [8][16]

Core Points - Blue Moon Metals Inc. has entered into a letter agreement with Scotiabank and Canaccord Genuity Corp. for a bought deal offering of 18,200,000 common shares at C$3.30 per share, totaling gross proceeds of C$60,060,000 [1] - An over-allotment option allows underwriters to purchase an additional 15% of the common shares, potentially increasing total gross proceeds to C$69,069,000 if fully exercised [2] - The offering is expected to close around October 1, 2025, pending customary closing conditions and regulatory approvals [3] Use of Proceeds - Net proceeds from the offering will be allocated to the development of the Blue Moon project in California, confirming processing solutions for mineralized material, additional exploration at Blue Moon, Nussir, and NSG projects, as well as working capital and corporate activities [4] Company Overview - Blue Moon is advancing three brownfield polymetallic projects: Nussir copper-gold-silver project and NSG copper-zinc-gold-silver project in Norway, and the Blue Moon zinc-gold-silver-copper project in the United States, all located with existing infrastructure [8]

Group 1 - Freeport-McMoRan expects consolidated sales to decrease by approximately 4% for copper and nearly 6% for gold in the third quarter compared to previous forecasts, leading to a 9% drop in the company's shares during premarket trading [1][2] - The company had previously forecasted consolidated sales of 1 billion pounds of copper and 350 thousand ounces of gold for the third quarter [2] - Mining operations at the Grasberg mine in Indonesia were temporarily halted due to a large flow of wet material that blocked access to parts of the underground mine, affecting evacuation routes for seven workers [1][2] Group 2 - Freeport-McMoRan operates the Grasberg mine, one of the largest gold and copper mines globally, and has been constructing a smelter in Indonesia, which was damaged by a fire last year and subsequently shut down [2]

Group 1 - Azarga Metals Corp. has filed a National Instrument 43-101 independent technical report for its Marg project [1] - The Marg project is characterized as a high-grade, copper-rich Volcanogenic Massive Sulfide (VMS) project [1] - The project is located in Central Yukon, Canada [1]

Group 1 - Kingfisher Metals Corp. has identified a new porphyry copper system beneath the Hank epithermal gold-silver system at the HWY-37 project [1] - The exploration program at HWY-37 for 2025 has been completed, and crews have been demobilized from the site [1]

Core Insights - Quest Critical Metals Inc has completed diamond drill hole testing at the Tisová-Klingenthal Cu-Co deposit, revealing promising results from a strong IP anomaly located below historic copper mine workings [1][2][4] - The historic sulphide zones in the Tisová Mine area have shown high grades, with up to 17.1% Cu, 0.69% Co, and 3.7 g/t Au [1][4] - The recent drilling program included two diamond drill holes, with the second hole intersecting significant mineralization, including 4.3 meters of mine stratigraphy with 1901 ppb Copper [2][3] Exploration and Methodology - The drill target was generated from a 2019 IP and resistivity survey, which was later reprocessed in 2024, confirming the IP anomaly [2][5] - The exploration project was part of the EU-funded Exploration Information System (EIS) project, aimed at developing innovative exploration concepts for critical raw materials [5] - A prospectivity model has been defined, indicating additional targets along the same stratigraphic horizon that require further exploration [6] Technical Review - The analysis of core samples was conducted by ALS Romania SRL, ensuring the technical content's credibility [3][7] - The second drill hole reached a depth of 479.5 meters, intersecting a zone interpreted as the main historically mined ore zone [2][3]

Core Points - Surge Copper Corp. has granted long-term equity-based incentive awards, including 2,337,500 restricted share units (RSUs) to employees and executives, and 1,750,000 deferred share units (DSUs) to non-executive directors [1][2] - The RSUs will vest in equal annual installments over three years, while the DSUs will vest upon the holder's departure from the company [2] - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits [3] - The company holds a 100% interest in the Berg Project, which has a Preliminary Economic Assessment (PEA) indicating an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [4] - The Berg deposit contains NI 43-101 compliant resources of copper, molybdenum, silver, and gold [4] - Surge Copper also owns the Ootsa Property, which contains advanced-stage exploration projects with NI 43-101 compliant resources of copper, gold, molybdenum, and silver [5]

Core Viewpoint - Abcourt Mines Inc. has exercised its option to reduce the net smelter return royalty on its Sleeping Giant and Dormex properties from 2.0% to 1.5% through a cash payment of US$2,000,000, with the potential for further reduction to 1.0% by 2028 [1][2]. Group 1: Royalty Agreement - The royalty rate reduction of 0.5% was executed as part of a net smelter return royalty agreement with Maverix Metals Inc. [1] - Abcourt has the option to further reduce the royalty rate by an additional 0.5% for a payment of US$4,000,000 before September 22, 2028 [2]. Group 2: Loan Agreement - Abcourt has amended its credit agreement with Nebari Natural Resources Credit Fund II, LP, securing an additional loan of US$2,000,000, referred to as the Upsized Loan [3]. - The total amount borrowed from Nebari now stands at US$12,000,000, distributed in three tranches [4]. Group 3: Warrants Issuance - In connection with the Upsized Loan, Abcourt will issue 14,395,259 non-transferable warrants to the lender, each exercisable for one common share at an exercise price of $0.096 until July 3, 2028 [5]. Group 4: Management Commentary - The President and CEO of Abcourt expressed that reducing the NSR at the Sleeping Giant Mine aligns with the long-term strategy of the company [6]. - The Managing Director of Nebari highlighted their support for Abcourt in enhancing the value of the Sleeping Giant Mine amid favorable gold prices [6]. Group 5: Company Overview - Abcourt Mines Inc. is a Canadian development company focused on properties in northwestern Québec, including the Sleeping Giant mine and mill [7].

Core Viewpoint - Sterling Metals Corp. has entered into an exploration agreement with Garden River First Nation to foster a cooperative relationship regarding the Soo Copper project in Ontario [1] Group 1: Agreement Details - The exploration agreement was dated September 8, 2025, and aims to promote a respectful relationship concerning the 100%-owned Soo Copper project [1] - The agreement also covers any additional mining claims or properties that Sterling may acquire within the traditional territory of GRFN [1] Group 2: Company Statements - Mathew Wilson, President and CEO of Sterling, expressed satisfaction with the signing of the exploration agreement, highlighting it as a demonstration of the positive working relationship with GRFN [1]

Core Viewpoint - NexMetals Mining has achieved a significant metallurgical breakthrough at its Selebi Mines in Botswana, allowing for the production of both copper and nickel concentrates, which may reduce capital expenditures and operational complexities [1][3][4]. Company Overview - NexMetals Mining owns two previously-producing copper-nickel-cobalt mines in Botswana, a Tier 1 mining jurisdiction [1]. - The Selebi Mines were operational from 1980 to 2016, producing 40 million tonnes of ore before being placed in Care & Maintenance due to low metal prices and smelter issues [2]. Metallurgical Breakthrough - The metallurgical program has created the option to produce saleable copper and nickel concentrates without the need for an on-site smelter, leading to significant reductions in capital expenditure and operational complexity [3][4][9]. - Initial recoveries show a copper concentrate with a grade of 27.6% and an 87% recovery rate, while nickel concentrate has a grade of 10.5% with a 55.9% recovery rate [7][8]. Economic Context - The demand for critical metals, particularly copper, has surged due to the green energy transformation, with copper prices increasing by 92% over the last five years, from USD $2.36/lb to $4.50/lb [11]. - Botswana's economy, traditionally reliant on diamond exports, is looking to diversify through copper production, which is seen as a key area for job creation and economic growth [16][17]. Future Prospects - The results from the metallurgical advancements will be incorporated into an updated mineral resource estimate, expected to show significant improvements over previous estimates [19]. - The company has received substantial investment, with a $46 million equity financing round, indicating strong institutional interest in its assets [12].