NexMetals Reports 11.05m at 7.31% CuEq, Extends Mineralization 685m
NexMetals intercepted 11.05 metres averaging 7.31% CuEq (3.00% Cu, 2.09% Ni) including 5.75 metres at 8.73% CuEq in hole SMD-25-205, 130 metres down-dip of the Selebi Main resource. Additional drilling intersected mineralization 685 metres northwest of the current MRE, confirming an emerging flexure zone with expansion potential.
1. Drill Results Highlight High-Grade Intercepts
Drill hole SMD-25-205 intersected two mineralized zones including 11.05 metres at 7.31% CuEq (3.00% Cu, 2.09% Ni) with a higher-grade core of 5.75 metres at 8.73% CuEq. Hole SMD-25-204 also returned narrow massive sulphide intervals up to 0.85 metres grading 6.24% CuEq beyond the Selebi North MRE.
2. Emerging Flexure Zone Identified
Analysis of borehole EM data and step-out drilling confirms a newly interpreted flexure in the Selebi Main system, where the orientation of mineralization shifts and aligns with a 700 metre by 700 metre conductor plate. This flexure zone offers a clear structural target for further high-grade resource expansion.
3. Mineralization Extends Beyond Current MRE
Drill hole SMD-25-203 intersected an 18.30-metre mineralized zone 685 metres beyond the current Selebi Main resource, including massive, semi-massive and disseminated sulphides. These results demonstrate that the Selebi Main mineralized system remains open down-dip and down-plunge of existing resource boundaries.
4. Ongoing Surface Drilling Program
To date, NexMetals has completed 15,540 metres across seven holes in its 2025 Selebi Main surface drilling program, with three holes in progress and assays pending for additional step-outs. The program continues to target extensions of the Selebi Main mineralized system associated with high-priority BHEM conductors.