NexMetals Mining Corp. (NEXM) has announced assay results from a new drill hole at the Selebi North Underground deposit, confirming the extension of high-grade mineralization.
Drill hole SNUG-25-189 intersected significant mineralization at the South Limb and N2 Limb, showcasing the continuation of mineralization at greater depths.
The ongoing drilling program aims to evaluate the size and continuity of the deposit, with promising results indicating the potential for further expansion.
High-Grade Intersections
Drill hole SNUG-25-189 revealed 19.40 meters of 3.93% CuEq, including 4.02% CuEq over 13.55 meters, highlighting substantial copper and nickel mineralization.
Confidence in Deposit Size
Recent results strengthen confidence in the size and continuity of the Selebi North Deposit, paving the way for potential expansion.
Exploration Progress
Drilling efforts are ongoing to assess the lateral extent of mineralization, with pending results for additional drill holes SNUG-25-191 and SNUG-25-192.
- The assay results affirm the presence of high-grade copper, nickel, and cobalt mineralization beyond previous resource boundaries, indicating significant growth potential for the deposit.
- Continued drilling activities aim to enhance the understanding of the mineralization's lateral extent, contributing to increased confidence in the deposit's size and economic viability.
NexMetals continues to show promising results in expanding the Selebi North Deposit, with strong indications of further mineralization and growth potential. The ongoing drilling program underscores the company's commitment to maximizing the deposit's value and expanding their resource base.