VANCOUVER, British Columbia — January 15, 2026 — Leads & Copy — NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) is set to advance its copper-nickel-cobalt-platinum group element sulphide (Cu-Ni-Co-PGE) projects in Botswana, focusing on resource growth and economic assessments for the Selebi and Selkirk mines.
The company’s 2025 achievements, including securing titles to the Selebi and Selkirk assets, strengthening the balance sheet through strategic financings, advancing drill programs, and completing metallurgical work, have laid the groundwork for the 2026 strategy.
Sean Whiteford has been appointed CEO, succeeding Morgan Lekstrom. The company’s board of directors expressed gratitude to Lekstrom for his contributions and welcomed Whiteford to his new role.
The 2026 strategy includes surface drilling at Selebi Main, additional underground development at Selebi North, continued metallurgical refinement, and a Mineral Resource Estimate (MRE) update and Preliminary Economic Assessment (PEA) planned for H2 2026. At Selkirk, the focus will be on metallurgical testing, an MRE update in H1 2026, and a PEA contingent on technical results.
In the first half of 2026, NexMetals expects initial assay and borehole electromagnetic (BHEM) results from the surface drilling program, remaining assay and BHEM results from the Selebi North underground drilling program, metallurgical results from ongoing Selkirk flowsheet and locked cycle test work, and assay results from the Selkirk resampling program.
The company has initiated a resource expansion drilling program supported by BHEM at Selebi Main, targeting resource expansion. The program aims to expand the Inferred resource base and provide geological data for an updated MRE planned later in 2026.
Sean Whiteford, CEO of the Company, said, “This year represents an important step forward for the Company as we move from foundational work into focused, data-driven resource growth and technical de-risking across Selebi and Selkirk. The success delivered throughout 2025 has positioned us well for this next phase. I want to sincerely thank Morgan for his contributions to NexMetals.
With additional drills mobilized and the operational control that comes from owning our rigs, we are advancing our program efficiently and responsibly. Our 2026 work plan is structured to deliver drilling results and metallurgical data required to support updated resource estimates and future economic studies. We expect a steady flow of technical results throughout the year and believe the work completed in 2026 will significantly advance the projects and fully establish the scale and opportunity of the Selebi and Selkirk deposits. We look forward to sharing additional detail on our 2026 programs in due course.”
All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, VP Exploration of the Company.
Sean Whiteford
President and Incoming CEO
swhiteford@nexmetalsmining.com
Jaclyn Ruptash
V.P., Communications and Investor Relations
jaclyn@nexmetalsmining.com
1-833-770-4334
Source: NexMetals Mining Corp.
