NEXM NEXM Drilling — Exploration Expense
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Where this comes from
Reported directly by NEXM in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The official record: NEXM’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is NEXM's drilling — exploration expense?
- NEXM (NEXM) reported drilling — exploration expense of 172,019,200% in Q1 2026.
- How has NEXM's drilling — exploration expense changed year-over-year?
- NEXM's drilling — exploration expense increased by 151.5% year-over-year, from 68,409,200% to 172,019,200%.
- What does drilling — exploration expense mean?
- This metric represents the total costs incurred by the company's drilling segment for geological surveys, core sampling, and site evaluation activities aimed at identifying or expanding mineral deposits. It serves as a primary indicator of the company's commitment to resource development and the intensity of its capital investment in future production potential. Monitoring this expense helps investors assess the pace of exploration progress and the efficiency of capital allocation toward long-term asset growth.