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