- NexMetals Mining Corp. (OTC Pink: PRMLD) progresses with 2,819 metres of metallurgical drilling at Selkirk Mine, Botswana.
- Re-assay results show high-grade mineralization, including 5.59% CuEq over 3.95 metres and 8.69% CuEq over 0.52 metres.
- Company plans further exploration using Borehole Electromagnetics (BHEM) and VTEM surveys.
NexMetals Mining Corp. (OTC Pink: PRMLD) has announced significant developments in its exploration activities at the Selkirk Mine in Botswana, a site known for its copper, nickel, cobalt, and platinum group elements, including rhodium. The company has successfully completed 2,819 metres of metallurgical drilling across ten holes, paving the way for an expanded exploration phase.
Historical core re-assays have unveiled substantial high-grade mineralization, notably with results showing 5.59% Copper Equivalent (CuEq) over 3.95 metres, and an impressive intersection of 8.69% CuEq over 0.52 metres. These findings underscore the potential for further resource expansion beyond the existing Mineral Resource Estimate (MRE).
Looking ahead, NexMetals plans to employ advanced exploration techniques, including Borehole Electromagnetics (BHEM) and Versatile Time-Domain Electromagnetic (VTEM) surveys. This initiative is aimed at testing previously unexamined VTEM anomalies to the south of the Selkirk resource, potentially uncovering new high-priority mineralization targets.
The company's strategic focus on identifying high-grade mineral zones and validating historical data aligns with its broader objective to enhance the resource potential of the Selkirk Mine and explore economic underground mining scenarios.
