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NexMetals nearly triples Selebi North Indicated Mineral Resources to 8.95 million tonnes
NEXMNexMetals Mining Corp.
NexMetals Mining Corp. announced an updated Mineral Resource Estimate for its Selebi North deposit in Botswana, nearly tripling the Indicated Mineral Resources to 8.95 million tonnes grading 1.03% copper and 1.08% nickel, up from 3.00 million tonnes in 2024. The update also increased Inferred Mineral Resources for Selebi North by 63% to 9.48 million tonnes. Combined with the previously announced Selebi Main estimate, total Indicated resources stand at 8.95 million tonnes (412 million pounds of copper equivalent) and total Inferred resources at 41.95 million tonnes (2.3 billion pounds of copper equivalent). The growth was driven by additional drilling that converted approximately 20% of previously Inferred resources to Indicated status. NexMetals Mining Corp. is a mineral exploration and development company focused on redeveloping past-producing copper-nickel-cobalt mines in Botswana.