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NexMetals Mining Corp.

TSXV:NEXMNYSE:NEXM
C$2.42Close 7 Oct 2026 · delayed

Past year: ▼ 56%(1.69 – 4.11 USD)

Market cap
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Story beats
14 since 2025
Last event
24 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

7 Aug 2026resource reserve update● Neutral

The company filed the formal NI 43-101 technical report backing up its June 2026 Selkirk resource estimate - a compliance filing with no changes to the numbers already announced.

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24 July 2026drilling result▲ GoodMajor

A new 30,000-metre surface drill program at Selebi Main's 'Flexure Zone' hit another strong intercept (11.15 metres at 7.65% CuEq), part of a growing kilometre-scale trend of thick, high-grade sulphides that remains open beyond the known resource.

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25 June 2026resource reserve update▲ GoodMajor

NexMetals raised its Selkirk resource estimate 70%, to about 1.1 billion pounds of copper-equivalent indicated plus 200 million pounds inferred, driven by better metallurgical recovery assumptions and adding cobalt, silver and gold as payable metals for the first time.

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7 May 2026drilling result▲ GoodMajor

New surface drilling at Selebi Main extended high-grade mineralization 320 metres beyond the 2024 resource boundary (10.40 metres at 6.82% CuEq), reinforcing that the combined Selebi Main/North system - already holding a resource of about 3 million tonnes indicated and 24.7 million tonnes inferred - keeps growing at depth.

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19 Mar 2026drilling result▲ GoodMajor

NexMetals wrapped up its 34-hole Selkirk resampling program with its best interval yet (180.8 metres at 1.31% CuEq) plus a new high-grade footwall exploration target (6.9 metres at 7.92% CuEq) - all assays now in hand for an updated resource estimate - and separately engaged an investor-relations advisory firm.

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27 Jan 2026drilling result▲ GoodMajor

Selebi North drilling continued to confirm high-grade continuity down-plunge (32.45 metres at 4.61% CuEq, including 9.65 metres at 5.88%), with the drill rig set to move on to surface exploration for a 2026 program at the nearby Selebi Main deposit.

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3 Dec 2025drilling result▲ GoodMajor

The final three holes of the 2025 Selkirk metallurgical program wrapped up with more strong results (231 metres at 1.09% CuEq, including 97 metres at 1.28%), finding mineralization both above and below the existing resource - all of it now set to feed an updated resource estimate.

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17 Nov 2025material agreement▲ GoodMajor

Riding its string of strong drill results, NexMetals lined up a bought-deal-style public offering for up to C$80 million (14 million units at C$5.70, each with a warrant exercisable at C$8.00 for two years), led by SCP Resource Finance with Raymond James and Cormark as co-agents.

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22 Oct 2025drilling result▲ GoodMajor

Metallurgical test work on Selebi bulk samples confirmed the deposit can produce clean, smelter-grade copper and nickel-cobalt concentrates - low in penalty elements - opening a path to restart production without needing to build an on-site smelter or hydrometallurgical plant.

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7 Oct 2025drilling result▲ GoodMajor

Further Selkirk metallurgical-program assays continued to show scale and consistency (219 metres at 1.03% CuEq, including 157 metres at 1.21%), with 8 of 11 planned holes now reported.

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23 Sept 2025drilling result▲ GoodMajor

More Selkirk drilling found a wide, near-surface interval (210 metres at 1.06% CuEq, including 74 metres at 1.28%) outside the current resource, supporting the case for low-strip-ratio open-pit development.

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28 Aug 2025drilling result▲ GoodMajor

A re-assay program at the past-producing Selkirk mine in Botswana returned strong results both inside the existing resource (107 metres at 0.94% CuEq) and outside it (123 metres at 0.47% CuEq), and added previously unmeasured platinum-group-element value that could expand the resource.

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21 Aug 2025drilling result▲ GoodMajor

Drilling at the Selebi North copper-nickel-cobalt deposit in Botswana hit high-grade mineralization at depth (19.40 metres of 3.93% copper-equivalent, including 13.55 metres at 4.02%), confirming the deposit extends beyond its 2024 resource estimate.

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15 July 2025listing compliance notice▲ GoodMajor

the exchange certified NexMetals Mining Corp.'s securities for listing, clearing them to begin trading.

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25 June 2025security holder rights change▲ GoodMajor

NexMetals completed a 20-for-1 share consolidation (428.99 million shares down to about 21.45 million), a step taken specifically to meet Nasdaq's $4.00 minimum bid price requirement after the company applied to dual-list on Nasdaq in April 2025.

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