Recent Updates — NEXM
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.
NexMetals Mining Corp. announced an updated Mineral Resource Estimate for the Selebi Main deposit at its past-producing copper-nickel-cobalt mine in Botswana. The 2026 estimate reports 32.47 million tonnes of Inferred resources grading 1.53% copper and 0.98% nickel, representing a 72% increase in tonnage compared to the 2024 estimate. This growth includes a 55% increase in contained copper to 495,400 tonnes and a 91% increase in contained nickel to 316,800 tonnes. Cobalt is now included as a third reported metal. The Selebi North resource estimate remains pending. NexMetals Mining Corp. operates in the mineral exploration and development industry, focusing on redeveloping past-producing mines in Botswana.
NexMetals Mining Corp. announced an updated Mineral Resource Estimate for its Selkirk Project in Botswana on June 24, 2026. This update is provided in accordance with Canadian National Instrument 43-101 standards. NexMetals Mining Corp. is a mining company that explores and explores for mineral resources.
On June 15, 2026, Premium Resources International Ltd., a wholly-owned subsidiary of NexMetals Mining Corp., entered into a new Services & Consulting Agreement with ANZAC Consulting Ltd. to secure the services of Boris Kamstra, the Chief Operating Officer of the subsidiary. Mr. Kamstra will provide site operational support and study work advancement for an hourly fee of US$230, payable monthly in arrears. The agreement includes reimbursements for approved expenses, business class air travel for flights over four hours, and lodging in Botswana, while the company will bear any Barbados withholding tax. The contract is terminable by either party with 90 days' notice and contains no change-of-control or severance benefits. NexMetals Mining Corp. operates in the mining industry and focuses on mineral exploration and development.