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NexMetals Reports 180.8 Metres of 1.31% CuEq from Selkirk Resampling Program and Engages IR Advisory Firm
TMX Newsfile· 2026-03-19 12:00
Core Viewpoint - NexMetals Mining Corp. has announced assay results from its resampling program at the Selkirk Mine in Botswana, indicating significant mineralization of copper, nickel, cobalt, and platinum group elements (Cu-Ni-Co-PGE) that will be included in an updated Mineral Resource Estimate (MRE) expected in Q2 2026 [1][3]. Assay Highlights - Wide intervals of Cu-Ni-Co-PGE mineralization exceeding the current resource cut-off grade of 0.46% CuEq were identified outside the 2024 MRE and within the conceptual pit shell [3]. - Notable results include DSLK-25-012 with 101.00 meters of 0.85% CuEq and DSLK-076 with 94.20 meters of 0.96% CuEq [5]. - The exceptional result from DSLK-077 (6.90 meters at 7.92% CuEq) suggests a potential new footwall zone for further exploration [3][5]. Drillhole Information - The assay results from the 34-hole resampling program are summarized in Table 1, with significant intersections reported for various drillholes [4][6]. - DSLK-25-012 was drilled to infill a gap in the resource, achieving a minimum drill spacing density of 60 meters across the deposit [5]. Future Plans - The company plans to incorporate the new assay results and metallurgical data into an updated MRE, which is anticipated to expand the mineral resource and potentially reduce the strip ratio [3][5]. - The resampling program aims to capture intervals that were not previously analyzed for PGEs, which are expected to contribute approximately one-third of the deposit's net smelter return value [5]. Engagement with NH IR Advisory Corp. - NexMetals has engaged NH IR Advisory Corp. for investor relations and strategic advisory services, with a monthly fee of C$12,000 for an initial term of twelve months [10][11]. - The engagement includes granting stock options valued at C$72,000 to NH IR's Principal, Nisha Hasan, with options exercisable for five years [11][12]. Company Overview - NexMetals Mining Corp. focuses on the redevelopment of previously producing copper, nickel, and cobalt resources in Botswana [17]. - The company emphasizes governance through transparent accountability and has a team with extensive experience in mine discovery and development [18].
Metallic Minerals Announces Filing of NI 43-101 Technical Report for the La Plata Project Mineral Resource Estimate, Colorado, USA
Accessnewswire· 2026-03-16 11:00
Core Viewpoint - Metallic Minerals Corp. has filed a National Instrument 43-101 technical report for the La Plata Project, marking a significant milestone with an updated mineral resource estimate that enhances the project's value and metal diversity [1][2]. Group 1: Mineral Resource Estimate - The updated 2026 mineral resource estimate (MRE) increases the inferred resource tonnage by approximately 23% to 181.4 million tons (Mt) at 0.36% copper equivalent, containing 1,307 million pounds (Mlbs) of copper and 17.0 million ounces (Moz) of silver [2]. - For the first time, the estimate includes platinum, palladium, and gold, with a subset of 45.4 Mt reporting 91,000 ounces of platinum, 121,000 ounces of palladium, and 60,000 ounces of gold, totaling approximately 272,000 ounces of platinum group elements plus gold [2][5]. - The inclusion of precious metals results in a 17% higher copper-equivalent grade for the 45.4 Mt subset, with a grade of 0.41% CuEq compared to 0.35% CuEq for copper-and-silver-only equivalent [5]. Group 2: Project Significance and Potential - The La Plata project is a large-scale U.S.-based mineral system that hosts many critical minerals essential to U.S. supply chains, including light and heavy rare earth elements and six additional priority critical minerals [3]. - Ongoing metallurgical work in collaboration with Columbia University has demonstrated the electrochemical recovery of 99.9% pure copper from La Plata mineralization, supporting the evaluation of alternative processing technologies [3]. - Sixteen untested potential porphyry centers have been identified in the La Plata project area, indicating opportunities for significant high-grade epithermal silver, gold, and telluride mineralization [7][8]. Group 3: Exploration and Development Plans - The Allard deposit remains open at depth and along strike, with clear opportunities for resource growth through additional drilling and exploration of new priority targets in 2026 [6][8]. - The project team is finalizing the next phases of exploration to include resource expansion and drilling of new targets, indicating a proactive approach to advancing the project [8].
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
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].
Metallic Minerals to Exhibit at PDAC 2026 in Toronto, March 1-4 (Booth 2724)
TMX Newsfile· 2026-02-27 19:36
Core Viewpoint - Metallic Minerals Corp. is actively participating in the 2026 PDAC Convention, showcasing its projects and engaging with stakeholders [1][2][3]. Company Overview - Metallic Minerals Corp. is focused on the exploration and development of critical minerals, including copper, silver, gold, and platinum group elements, particularly at the La Plata project in Colorado and the Keno Silver project in Yukon [4][5]. - The company holds significant alluvial gold claims in Yukon and is developing a production royalty business through partnerships with experienced mining operators [4]. Project Highlights - The La Plata project is supported by a strategic investment from Newmont Corporation, while the Keno Silver project is located adjacent to Hecla Mining's Keno Hill operations [2][4]. - Metallic's project districts have a history of significant mineral production and benefit from existing infrastructure, including road access and nearby power [6]. Management and Strategy - The company is led by a team with a proven track record in discovery and exploration across various precious and base metal deposits in North America [5]. - Metallic integrates advanced data analytics into its exploration process to enhance target generation and accelerate discovery [5]. Community Engagement - The company is committed to responsible and sustainable resource development, collaborating with Canadian First Nation groups, U.S. Tribal and Native Corporations, and local communities [6]. Upcoming Events - Metallic's management will attend several key industry events in the coming months to engage with investors and stakeholders [7].
New Age Metals Acquires 17,620 Ha Double R Gold Project Near the Kenora and Rainy River District, Northwestern Ontario
Thenewswire· 2026-02-24 22:15
Core Insights - New Age Metals Inc. has acquired and consolidated the Double R Gold Project in the Kenora Mining District, Ontario, comprising 834 mining claims over 17,620 hectares [1][2][5] - The acquisition is strategically timed due to increased regional interest in gold exploration, highlighted by significant transactions such as Coeur Mining's $7 billion acquisition of New Gold Inc. [2][10] - The Double R Gold Project is located approximately 35 km northwest of the Rainy River Mine, an area with established gold mineralization and favorable geological conditions [2][5] Company Overview - New Age Metals aims to build value through disciplined exploration and has expanded its gold portfolio to five projects totaling approximately 37,000 hectares in the Kenora District [4][28] - The company is focused on responsible exploration and plans to engage with local First Nation communities for collaborative partnerships [5][6] Regional Context - The Kenora Mining District is emerging as an active exploration region, supported by improved commodity prices and renewed interest from the mining industry [5][10] - Recent acquisitions in the area indicate a growing trend of consolidation and investment, enhancing the attractiveness of the region for exploration and development [2][10] Geological Insights - The Double R Gold Project is situated within an underexplored portion of the Archean Wabigoon Subprovince, which hosts numerous gold occurrences [11][12] - Historical data indicates the presence of gold anomalies, with past bulk till sampling revealing counts of up to 25 gold grains in the project area [5][11] Exploration Plans - The company plans a phased exploration program for 2026, focusing on data compilation, geochemical sampling, and geophysical surveys to identify and prioritize targets [18][19] - Initial exploration will include reinterpretation of existing geological data and the collection of new samples to support target generation [18][19] Infrastructure Development - New Age Metals has established a Kenora-based field operations office to enhance logistical and technical support for exploration activities [20][23] - The facility will improve field efficiency and coordination for multi-project exploration, strategically located near active exploration properties and transportation routes [23][35]
Green Bridge Metals Can Help Secure U.S. Production of Critical Mineral Titanium
Accessnewswire· 2026-02-07 00:00
Core Viewpoint - Green Bridge Metals Corporation is advancing exploration and metallurgical programs to assess the critical mineral potential of its properties in the South Contact District, linked to Minnesota's Duluth Complex [1] Group 1: Company Developments - The company is focusing on understanding the critical mineral resources within its properties, which include titanium, copper, nickel, cobalt, platinum group elements, vanadium, and iron [1]
New Age Metals Releases Sustainability Report for 2024-2025
Thenewswire· 2026-02-02 13:45
Core Insights - New Age Metals Inc. (NAM) has released its ESG/Sustainability Report for the year 2024-2025, focusing on its newly acquired properties in Newfoundland and Labrador and the Alaska Genesis PGM-Cu-Ni Project [1][2] Group 1: ESG Commitment and Stakeholder Engagement - The company emphasizes the importance of engaging with key stakeholders, including First Nations and local communities, before advancing any projects [5][6] - NAM believes that long-term sustainability relies on a strong commitment to environmental, social, and governance (ESG) principles, which enhances project success and fosters meaningful partnerships [6][8] - The report aligns with frameworks from TCFD and SASB to ensure adherence to industry best practices [7] Group 2: Exploration and Project Development - Exploration activities during the reporting period were limited to reconnaissance field visits and surface sampling, with minimal fuel use and no significant water sourcing [7] - The company has completed Phase 1 and Phase 2 exploration for its Antimony-Gold division, successfully delineating multiple gold-antimony trends and planning follow-up exploration [11] - NAM has expanded its Bonanza Ridge Gold and Critical Metals Project through option agreements, adding approximately 5,216 hectares of prospective ground [12] Group 3: Strategic Acquisitions and Partnerships - On January 21, 2026, NAM announced the acquisition of the Northern Shield PGM-Copper-Nickel Project in Ontario's Ring of Fire, marking a step in its expansion strategy [11] - The company is developing its Lithium Division in partnership with Mineral Resources Ltd., focusing on hard rock lithium and rare elements [15] - NAM is actively seeking joint venture partners for its Genesis PGM-Cu-Ni Project in Alaska, with results from the Summer/Fall Program expected by year-end [18] Group 4: Research and Development Initiatives - NAM is involved in a $1.5 million NSERC Alliance grant aimed at advancing Canada's critical metals sector, particularly targeting its Bird River lithium properties [16] - The company supports a $180,000 Mitacs research grant focused on lithium pegmatite mineralization, collaborating with academic institutions to enhance exploration programs [17]
NexMetals Drills 32.45 Metres of 4.61% CuEq Including 5.88% CuEq Over 9.65 Metres Showing Continuity of High-Grade Mineralization at Selebi North
TMX Newsfile· 2026-01-27 12:00
Core Insights - NexMetals Mining Corp. reports successful assay results from three drill holes at the Selebi North Underground deposit, confirming high-grade mineralization and continuity of the deposit [1][2]. Drill Results - Drill hole SNUG-25-194 intersected 32.45 metres of 4.61% CuEq, including 7.90 metres of 5.85% CuEq and 9.65 metres of 5.88% CuEq, indicating strong mineralization [2][7]. - The results from SNUG-25-191 and SNUG-25-192 also confirmed mineralization outside the thick zone, supporting the updated Mineral Resource Estimate (MRE) [7][8]. Future Plans - The company plans to update the MRE with results from the 2025 resource expansion drill holes and ongoing metallurgical tests [6][17]. - Drilling is ongoing, with SNUG-25-200 currently testing the down plunge extension of N3, and the drill will transition to surface drilling for the 2026 Selebi Main resource expansion program [6][7]. Company Overview - NexMetals Mining Corp. is focused on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana, with confirmed mineralization larger than historical estimates [17]. - The company emphasizes disciplined execution, transparent governance, and long-term stakeholder value creation [17].
New Age Metals Grants Stock Options
Thenewswire· 2026-01-23 22:30
Core Viewpoint - New Age Metals Inc. has made significant advancements in its mineral exploration and development activities, including stock option grants, conference participation, and strategic acquisitions in critical metal projects across North America [1][2][3]. Stock Options and Corporate Governance - The company granted 1,850,000 incentive stock options to various stakeholders at an exercise price of $0.50 per share for five years, pending acceptance by the TSX Venture Exchange [1]. Conference Participation - New Age Metals will attend the Vancouver Resource Investment Conference on January 25-26, 2026, and the PDAC Convention in Toronto from March 1-4, 2026, to engage with investors and stakeholders [2][3]. Project Divisions - The company operates three divisions: Platinum Group Elements (PGM), Lithium/Rare Metals, and Antimony-Gold, focusing on critical green metal projects [4]. PGM Division - The PGM Division includes the River Valley Project, one of North America's largest undeveloped PGM projects, and the Genesis PGM-Cu-Ni Project in Alaska [5]. Antimony-Gold Division - The Antimony-Gold division in Newfoundland covers 20,950 hectares across 11 properties, with ongoing exploration delineating multiple gold-antimony trends [6][7]. Recent Acquisitions - On January 21, 2026, the company announced the acquisition of the Northern Shield PGM-Copper-Nickel Project in Ontario's Ring of Fire, marking a strategic expansion [8]. Bonanza Ridge Project Expansion - The Bonanza Ridge Gold and Critical Metals Project has been expanded through option agreements for additional properties, increasing the total land package to approximately 8,500 hectares [9]. Field Operations Hub - A new field operations hub is being established in Kenora, Ontario, to enhance exploration activities across Northwestern Ontario and Eastern Manitoba [10]. Lithium Division Development - The Lithium Division is exploring hard rock lithium and rare elements in the Winnipeg River Pegmatite Field, in partnership with Mineral Resources Ltd., with a budget approved for ongoing projects [11]. Research Collaborations - The company is involved in multiple research collaborations, including a $1.5 million NSERC Alliance grant focused on advancing Canada's critical metals sector [12][13][14]. International Expansion - Management is actively seeking new mineral acquisition opportunities on an international scale, aiming to generate projects for major and junior mining companies [19].
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].