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Nexmetals Mining ( (TSE:NEXM) ) just unveiled an update.
On January 20, 2026, NexMetals Mining reported strong initial results from its 2025 surface drilling program in the gap between the Selebi Main and Selebi North deposits in Botswana, where new massive and semi-massive sulphide mineralization was intersected outside the current mineral resource estimate. Key holes, including SMD-25-201 and SMD-25-205, delivered the thickest Lower Zone intersection to date and an 11.05-metre mineralized interval, while borehole electromagnetic surveys identified a high-priority ‘Super Conductor’ anomaly—the highest-amplitude response ever recorded at Selebi Main—and indications of a potential third mineralized horizon. Management said that all completed hinge drill holes to date have correlated with modeled geophysical targets, confirming that Selebi Main mineralization extends beyond existing resource boundaries and appears to thicken at depth, positioning the company for a 2026 drill campaign focused on resource expansion and potentially improved project economics for stakeholders.
More about Nexmetals Mining
NexMetals Mining Corp. is a Vancouver-based mineral exploration company listed on the TSX Venture Exchange and Nasdaq, focused on copper-nickel sulphide deposits at its Selebi Main and Selebi North projects in Botswana. The company is pursuing brownfields exploration and resource expansion around existing underground mine infrastructure, targeting additional high-grade mineralized horizons to grow its mineral resource base and enhance project economics.
Average Trading Volume: 111,867
Technical Sentiment Signal: Sell
Current Market Cap: C$116.7M
See more insights into NEXM stock on TipRanks’ Stock Analysis page.