Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 181

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 181
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 Barbados, and Botswana. The Company’s geographic segments are as follows:

    December 31, 2024 $   
    December 31, 2023 $ 
  
    Current assets 

    Canada 
     4,066,121  
     15,894,177 
  
    Barbados 
     89,446  
     104,024 
  
    Botswana 
     3,462,676  
     4,680,572 
  
    Total 
     7,618,243  
     20,678,773 

    Property, plant and equipment 

    Canada 
     -  
     8,726 
  
    Botswana 
     8,488,405  
     8,691,908 
  
    Total 
     8,488,405  
     8,700,634 

    Exploration and evaluation assets 

    Botswana 
     8,846,821  
     8,594,798 

The
Company’s exploration and evaluation activities are assessed at the individual project level. The Selebi and Selkirk projects below
make up the Botswana geographic segment.

    Year ended December 31, 2024 
  
    General Exploration Expenses 
    Selebi $  
    Selkirk $  
    Other $  
    Total $ 
  
    Drilling 
     6,703,402  
     -  
     -  
     6,703,402 
  
    Site operations, administration, and overhead 
     4,298,941  
     435,957  
     156,457  
     4,891,355 
  
    Infrastructure and equipment maintenance 
     3,872,782  
     -  
     -  
     3,872,782 
  
    Geology 
     3,042,562  
     505,783  
     -  
     3,548,345 
  
    Mine development 
     3,030,676  
     -  
     -  
     3,030,676 
  
    Electricity 
     2,904,188  
     27,377  
     -  
     2,931,565 
  
    Engineering and technical studies 
     1,066,