Latest Nex Metals Exploration (ASX:NME) News

Nex Metals Explorations reported no exploration spending in Q1 FY26 but made significant strides by finalising a profit-sharing deal for its Kookynie project and entering Egypt’s Eastern Desert mining scene.

Nex Metals Explorations has secured a landmark profit-sharing and rehabilitation agreement with an Aboriginal corporation for its Kookynie Gold Tailings Project, while strategically entering Egypt’s Eastern Desert gold district with promising production potential.

Nex Metals Explorations has secured a binding agreement to operate the North Hennai gold project in Egypt’s Eastern Desert, marking its strategic entry into one of the world’s most under-explored mining regions with promising production and exploration potential.

Nex Metals Explorations has partnered with the Wangkatja Tjungula Aboriginal Corporation to reprocess historic gold tailings at Kookynie, sharing profits and embedding cultural stewardship in rehabilitation efforts.

Nex Metals Explorations has moved closer to finalising a joint project agreement for its Kookynie Tailings Project while navigating leadership changes and securing fresh capital to fund growth.

Nex Metals Explorations Ltd reported steady progress on its Kookynie Tailings Project, completed capital raisings, and is exploring new gold opportunities overseas, signaling a strategic growth phase.

Nex Metals Explorations Ltd reports steady progress on its Kookynie Gold Tailings Project and updates on Yundamindra drilling results, supported by a robust funding position.

Nex Metals Explorations has repriced and partially completed its capital raise, securing $1.06 million at a reduced share price to fund development and exploration activities.