NexMetals Mining Reports Drill Assay Results at Selebi Main

What Happened

• On September 23, 2026, NexMetals Mining Corp. announced assay results from drill hole SMD-26-219 and a new visual intercept from drill hole SMD-26-217 as part of its ongoing surface drilling program at the Selebi Main deposit in Botswana. The company furnished a press release dated September 23, 2026 as Exhibit 99.1 to the Form 8-K. The company stated it has no obligation to update the attached materials.

Key Details

• Filing date: September 23, 2026; press release attached as Exhibit 99.1.
• Drill holes referenced: SMD-26-219 (assay results reported) and SMD-26-217 (new visual intercept).
• Project location: Selebi Main deposit, Botswana; part of ongoing surface drilling program.
• Legal note: Information is furnished (not “filed”) under the Exchange Act; the release includes NI 43-101 cautionary language and explains possible differences with U.S. SEC S-K 1300 mining disclosure rules.

Why It Matters

• Drill assay results and new intercepts can provide evidence of mineral distribution and potential resource expansion at Selebi Main, which investors watch for signs of project progress and future valuation updates.
• The filing reminds investors that resource terms are reported under Canada’s NI 43-101 standards and may not match U.S. S-K 1300 definitions; “indicated” and “inferred” resources carry uncertainty and should not be assumed to convert to reserves or be economically mineable.