Recent Updates — PRMLF

NexMetals Mining Corp. filed an independent National Instrument 43-101 technical report supporting the 2026 Mineral Resource Estimate for its Selkirk Project in Botswana, with an effective date of June 22, 2026. The updated estimate outlines an Indicated Mineral Resource of 78.2 million tonnes grading 0.66% copper equivalent (CuEq), containing approximately 1.1 billion pounds of CuEq, and an Inferred Mineral Resource of 15.1 million tonnes grading 0.60% CuEq, containing approximately 200 million pounds of CuEq. This represents a 70% increase in the project's CuEq metal inventory compared to previous estimates, driven by significant conversion from Inferred to Indicated categories following re-assaying and twin drilling campaigns conducted by The MSA Group. NexMetals Mining Corp. operates in the mineral exploration and development industry, focusing on redeveloping past-producing copper-nickel-cobalt-platinum group element mines in Botswana.

NexMetals Mining Corp. reported assay results from four drill holes at its Selebi Main deposit in Botswana, highlighting a 11.15 metre interval grading 7.65% CuEq (3.10% Cu, 2.21% Ni) in hole SMD-26-212-W1. These results define a mineralized trend exceeding one kilometre in strike length and extend beyond the 2024 Mineral Resource Estimate. The company expects to complete a 2026 Mineral Resource Estimate in the third quarter of 2026. NexMetals is a mineral exploration and development company focused on redeveloping copper-nickel-cobalt-platinum group element mines in Botswana.