NexMetals Mining Corp. (NASDAQ:NEXM) is without doubt one of the worst-performing commodity shares up to now in 2026.
On March 26, 2026, the corporate stated drill gap SMD-26-209 on the Selebi Essential deposit in Botswana intersected 10.50 metres of blebby, stringer, and big sulphides, together with 3.05 metres and 5.95 metres of large sulphides. The opening is a part of the corporate’s ongoing floor drilling program focusing on the Flexure Zone, an rising space outdoors the 2024 mineral useful resource estimate.
Picture from Orla Mining web site
NexMetals stated the visible outcomes had been in keeping with gap SMD-25-205, which it beforehand reported returned 11.05 metres grading 7.31% copper equal and is positioned about 350 metres away. The corporate stated the most recent intercept helps its interpretation that the Flexure Zone extends down-dip and down-plunge from Selebi Essential, with assays from SMD-26-209 nonetheless pending.
Chief Govt Officer Sean Whiteford stated the outlet continued to indicate thick intervals of large sulphide mineralization past the present mineral useful resource footprint. He added that step-out drilling within the Flexure Zone was additionally validating the corporate’s borehole electromagnetic focusing on, with mineralization intersected the place modeled.
NexMetals Mining Corp. (NASDAQ:NEXM) is a mineral exploration and growth firm centered on redeveloping the past-producing Selebi and Selkirk copper-nickel-cobalt-platinum group ingredient mines in Botswana.
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