NexMetals Mining

Locked-cycle tests on Selkirk drill cores showed that separate copper and nickel concentrates can be produced. Copper recovery in the copper concentrate increased from 70.0% to 81.3% and copper losses in the tailings fell from 26.2% to 11.4%. The nickel concentrate raised its nickel grade from 6.8% to 10.9% with a nickel recovery of 54.4%. Tests were conducted by Blue Coast Research on about 700 kg of diamond drill core; gold, silver and cobalt could be payable as additional credits. NexMetals plans further process and variability testing and expects an updated mineral resource estimate in Q2 2026. » Mere på de.investing.com

NexMetals proposes Keith Marshall, a mining engineer with more than 45 years’ experience and former senior roles at Rio Tinto, for election to the board and plans to appoint him to the safety, sustainability and technical committee. Chris Leavy and James Gowans will not stand for re-election at the annual general meeting on May 27. The company also grants 44,800 stock options to Nisha Hasan; the share price is near its 52‑week low and has lost significant value over the past twelve months. » Mere på de.investing.com

NexMetals Mining has set April 22, 2026 as the record date to determine shareholders eligible to attend and vote at the annual general meeting on May 27, 2026. Only holders of common shares registered on the record date are entitled to participate. No further details on the agenda or any proposals were disclosed; the common shares are traded on Nasdaq under the ticker symbol NEXM. » Mere på de.investing.com