NexMetals Mining Discloses Visual Drill Results at Selebi Main (Aug 17, 2026)

What Happened
NexMetals Mining Corp. announced on August 17, 2026 (via a press release furnished on Form 8-K) visual results from drill hole SMD-26-219, part of its surface drilling program targeting the Flexure Zone at the Selebi Main deposit in Botswana. The company furnished the press release as Exhibit 99.1; the material is being furnished (not filed) and NexMetals says it has no obligation to update it.

Key Details

• Drill hole identified: SMD-26-219; results described as visual observations from surface drilling targeting the Flexure Zone at Selebi Main.
• Date: Press release and 8-K furnished on August 17, 2026.
• Regulatory note: The release uses the terms “mineral resources,” “indicated” and “inferred” under Canadian NI 43-101; NexMetals highlights differences with the U.S. SEC’s S-K 1300 rules and cautions that such resource categories carry uncertainty.
• Filing status: Information is furnished under Regulation FD and is expressly stated to be furnished, not filed, under the Exchange Act.

Why It Matters
This is an exploration update — visual drill observations can indicate targets for follow-up sampling and assays but are not equivalent to assay-verified grades or economic results. The filing reminds investors that resource terminology follows Canadian NI 43-101 standards and that there is no guarantee indicated or inferred resources will be converted to reserves or proven economically mineable under SEC rules. Investors should view this as preliminary technical news, not a change to the company’s financials or proven reserves.