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Critical & Specialty Minerals Summary for June 2, 2026

2026-06-02 17:40 ET - Market Summary

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by Will Purcell

The critical and specialty minerals box score for Tuesday was a ho-hum 102-82-126 as the TSX Venture Exchange added eight points to 1,033. Sean Whiteford's Nexmetals Mining Corp. (NEXM) fell seven cents to $3.88 on 85,000 shares Monday on word of an 11.15-metre drill intercept of massive sulphide mineralization in the Flexure zone of its Selebi Main deposit in eastern Botswana.

The grades? -- well, we do not know yet as the assays are pending, but the company wants you to know that the "visual results" are consistent with an earlier hole that returned a 10.4-metre intercept grading 3.09 per cent copper and 1.83 per cent nickel, and with another that ran 3.0 per cent copper and 2.09 per cent nickel across 11.05 metres.

These are deep intercepts, occurring at downhole depths beyond 1,500 metres, but they yielded mineralized true widths between 1.65 and nearly 20 metres. Mr. Whiteford, chief executive officer, cheers that he and his crew "are encouraged by the visual results from these latest drill holes" as they continue advancing the program ahead of the updated resource estimate, expected to be completed during the second half of the year.

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