NexMetals Drills 231 Metres of 1.09% CuEq, Including 97 Metres of 1.28% CuEq Establishing Scale, Grade and Expansion Potential at Selkirk

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Palladium, Platinum, Gold
Document categories
Drill results, Metallurgy
Extracted
2026-09-12 15:15:22 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. announced positive assay results from the final three holes of its 2025 metallurgical drill program at the Selkirk Mine in Botswana. The program confirmed wide, continuous zones of mineralization, including 231 metres at 1.09% CuEq in hole SMET-25-009, demonstrating significant scale, grade, and expansion potential. These results, which include mineralization both above and below the current Mineral Resource Estimate, will be incorporated into an updated MRE and support ongoing metallurgical test work.

Reasoning: The drill results confirm wide and continuous high-grade mineralization, demonstrating significant expansion potential for the Selkirk deposit. The results will be integrated into an updated MRE, indicating their material impact on the project's future. Robust QA/QC and QP sign-off provide high confidence in the data.

Positive factors

  • Wide, continuous, high-grade mineralization confirmed
  • Significant expansion potential demonstrated both at depth and near surface
  • Results will be incorporated into an updated Mineral Resource Estimate (MRE)
  • Detailed QA/QC procedures and QP sign-off enhance data credibility
  • True width estimates provided for all intercepts
  • Metal equivalent assumptions are disclosed
  • Cut-off grade for potential mining is clearly stated

Facts used in scoring: 96

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept in SMET-25-009 of 231.00 metres at 1.09% CuEq, including 97.00 metres at 1.28% CuEq and 47.90 metres at 1.42% CuEq, represents exceptionally wide and strong copper equivalent grades, well above typical thresholds for open pit deposits.

Evidence · text

“231.00 metres of 1.09% CuEq (0.39% Cu, 0.38% Ni, 0.64 ppm Pd, 0.15 ppm Pt) incl. 97.00 metres of 1.28% CuEq (0.46% Cu, 0.43% Ni, 0.76 ppm Pd, 0.18 ppm Pt incl. 47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt)”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The assay results table includes a column for 'Est. True Thickness (m)' for all reported intercepts, providing actual thickness perpendicular to the structure.

Evidence · table

“Est. True Thickness (m)”

Context: LENGTH (m)

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Mineralization from hole SMET-25-011 was intercepted both below and above the current Mineral Resource Estimate and conceptual pit, demonstrating potential for expansion of the deposit at depth and towards the surface.

Evidence · text

“All mineralization from SMET-25-011 was intercepted below the Mineral Resource Estimate ("MRE") and the conceptual pit demonstrating the potential for expansion of the deposit at depth. Mineralization intercepted above the MRE and within the current conceptual pit shell demonstrates the potential for expansion of the deposit toward the surface.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a 'Quality Control' section detailing drill core sampling, laboratory analysis by ALS Chemex, and the insertion of blank samples and certified analytical control standards.

Evidence · text

“Sample preparation and lab analysis was completed at ALS Chemex in Johannesburg, South Africa. Commercially prepared blank samples and certified Cu/Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples or a minimum of one set per sample batch.”

Cut-off Disclosedpositive · Story-specific tag

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document explicitly states the cut-off grade used for potential mining as 0.46% CuEq, derived from a US$25.00 per tonne net smelter return.

Evidence · text

“Current cut-off of US$25.00 per tonne net smelter return defined in the 2024 MRE translates to 0.46% CuEq.”

NI 43-101 Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The technical report supporting the MRE is stated to be prepared in accordance with NI 43-101, and the Qualified Person is identified.

Evidence · text

“The MRE on the Selkirk Mine is supported by the Technical Report entitled "NI 43-101 Technical Report Selkirk Nickel Project, North East District, Republic of Botswana", dated January 8, 2025 (with an effective date of November 1, 2024).”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Sharon Taylor, VP Exploration of the Company, MSc, P.Geo, is named as a 'qualified person' and has reviewed and approved the scientific and technical information.

Evidence · text

“All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, VP Exploration of the Company, MSc, P.Geo, and a "qualified person" for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Extracted facts

Stored fact records: 96. Some facts used in scoring do not have a stored record.

Drill Results (96)

SMET-25-009Selkirk · copperGrade: 0.39Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.39
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This intercept represents a very wide and high-grade zone, indicating significant potential for the deposit and will be incorporated into an updated MRE.

Positive factors

  • Exceptional intercept length (231m) and strong copper equivalent grade (1.09% CuEq)
  • True width of 123m confirms significant mineralization width
  • Contributes to establishing scale and grade potential for the deposit

Evidence · table

“0.39”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · nickelGrade: 0.38Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.38
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (231m) for nickel mineralization
  • True width of 123m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.38”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (231m) for cobalt mineralization
  • True width of 123m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · palladiumGrade: 0.64Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.64
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (231m) for palladium mineralization
  • True width of 123m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.64”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · platinumGrade: 0.15Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.15
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (231m) for platinum mineralization
  • True width of 123m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.15”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · goldGrade: 0.07Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-308
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (231m) for gold mineralization
  • True width of 123m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.07”

Context: 231.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 123

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · copperGrade: 0.46Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.46
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This sub-interval confirms a high-grade core within the broader mineralized zone, adding to the overall positive interpretation of the drill results.

Positive factors

  • High-grade sub-interval (1.28% CuEq) within a broader mineralized zone
  • Significant intercept length (97m) and true width (66m)
  • Reinforces the overall high-grade nature of the main intercept

Evidence · table

“0.46”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · nickelGrade: 0.43Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Significant intercept length (97m) for nickel mineralization
  • True width of 66m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.43”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · cobaltGrade: 0.03Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Significant intercept length (97m) for cobalt mineralization
  • True width of 66m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.03”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · palladiumGrade: 0.76Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Significant intercept length (97m) for palladium mineralization
  • True width of 66m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.76”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · platinumGrade: 0.18Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.18
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Significant intercept length (97m) for platinum mineralization
  • True width of 66m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.18”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · goldGrade: 0.08Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:129-226
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Significant intercept length (97m) for gold mineralization
  • True width of 66m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.08”

Context: 97.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · copperGrade: 0.52Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This sub-interval confirms a high-grade core within the broader mineralized zone, adding to the overall positive interpretation of the drill results.

Positive factors

  • High-grade sub-interval (1.42% CuEq) within a broader mineralized zone
  • Good intercept length (47.9m) and true width (33m)
  • Reinforces the overall high-grade nature of the main intercept

Evidence · table

“0.52”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · nickelGrade: 0.49Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.49
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (47.9m) for nickel mineralization
  • True width of 33m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.49”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · cobaltGrade: 0.03Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (47.9m) for cobalt mineralization
  • True width of 33m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.03”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · palladiumGrade: 0.83Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (47.9m) for palladium mineralization
  • True width of 33m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.83”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · platinumGrade: 0.17Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (47.9m) for platinum mineralization
  • True width of 33m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.17”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · goldGrade: 0.07Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:257-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (47.9m) for gold mineralization
  • True width of 33m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.07”

Context: 47.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · copperGrade: 0.29Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.29
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This intercept represents a very wide and good-grade zone, indicating significant potential for the deposit and will be incorporated into an updated MRE.

Positive factors

  • Very long intercept length (171m) and good copper equivalent grade (0.85% CuEq)
  • True width of 102m confirms significant mineralization width
  • Contributes to establishing scale and grade potential for the deposit

Evidence · table

“0.29”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · nickelGrade: 0.29Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.29
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (171m) for nickel mineralization
  • True width of 102m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.29”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (171m) for cobalt mineralization
  • True width of 102m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · palladiumGrade: 0.51Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.51
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (171m) for palladium mineralization
  • True width of 102m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.51”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · platinumGrade: 0.12Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (171m) for platinum mineralization
  • True width of 102m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.12”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · goldGrade: 0.05Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-281
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (171m) for gold mineralization
  • True width of 102m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.05”

Context: 171.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 102

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · copperGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This sub-interval confirms a good-grade core within the broader mineralized zone, adding to the overall positive interpretation of the drill results.

Positive factors

  • Very long intercept length (158m) and good copper equivalent grade (0.86% CuEq)
  • True width of 94m confirms significant mineralization width
  • Reinforces the overall high-grade nature of the main intercept

Evidence · table

“0.30”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · nickelGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Long intercept length (158m) for nickel mineralization
  • True width of 94m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.30”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Long intercept length (158m) for cobalt mineralization
  • True width of 94m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · palladiumGrade: 0.52Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Long intercept length (158m) for palladium mineralization
  • True width of 94m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.52”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · platinumGrade: 0.12Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Long intercept length (158m) for platinum mineralization
  • True width of 94m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.12”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · goldGrade: 0.05Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:110-268
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a wide interval.

Positive factors

  • Long intercept length (158m) for gold mineralization
  • True width of 94m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.05”

Context: 158.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · copperGrade: 0.4Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This sub-interval confirms a high-grade core within the broader mineralized zone, adding to the overall positive interpretation of the drill results.

Positive factors

  • High-grade sub-interval (1.18% CuEq) within a broader mineralized zone
  • Good intercept length (50m) and true width (30m)
  • Reinforces the overall high-grade nature of the main intercept

Evidence · table

“0.40”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · nickelGrade: 0.43Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (50m) for nickel mineralization
  • True width of 30m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.43”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (50m) for cobalt mineralization
  • True width of 30m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · palladiumGrade: 0.68Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.68
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (50m) for palladium mineralization
  • True width of 30m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.68”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · platinumGrade: 0.16Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (50m) for platinum mineralization
  • True width of 30m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.16”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-010Selkirk · goldGrade: 0.08Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m
Intercept Depth
110 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-010:146-196
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (50m) for gold mineralization
  • True width of 30m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.08”

Context: 50.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · copperGrade: 0.15Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.15
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This intercept, while shorter and lower grade than others, still demonstrates mineralization above the cut-off grade, contributing to the overall understanding of the deposit.

Positive factors

  • Intercept shows mineralization above the cut-off grade (0.52% CuEq vs 0.46% CuEq)
  • True width of 8m confirms mineralization width

Evidence · table

“0.15”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · nickelGrade: 0.19Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.19
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while low in grade and length, contributes to the overall polymetallic mineralization.

Positive factors

  • True width of 8m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.19”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · cobaltGrade: 0.01Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.01
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade and length, contributes to the overall polymetallic mineralization.

Positive factors

  • True width of 8m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.01”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · palladiumGrade: 0.35Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade and length, contributes to the overall polymetallic mineralization.

Positive factors

  • True width of 8m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.35”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · platinumGrade: 0.09Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade and length, contributes to the overall polymetallic mineralization.

Positive factors

  • True width of 8m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.09”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · goldGrade: 0.03Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:112-125
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade and length, contributes to the overall polymetallic mineralization.

Positive factors

  • True width of 8m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.03”

Context: 13.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · copperGrade: 0.25Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.25
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This intercept represents a very wide and good-grade zone, indicating significant potential for the deposit and will be incorporated into an updated MRE.

Positive factors

  • Very long intercept length (152.9m) and good copper equivalent grade (0.79% CuEq)
  • True width of 95m confirms significant mineralization width
  • Contributes to establishing scale and grade potential for the deposit

Evidence · table

“0.25”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · nickelGrade: 0.26Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.26
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (152.9m) for nickel mineralization
  • True width of 95m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.26”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (152.9m) for cobalt mineralization
  • True width of 95m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · palladiumGrade: 0.54Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.54
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (152.9m) for palladium mineralization
  • True width of 95m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.54”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · platinumGrade: 0.12Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (152.9m) for platinum mineralization
  • True width of 95m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.12”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · goldGrade: 0.05Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a very wide interval.

Positive factors

  • Long intercept length (152.9m) for gold mineralization
  • True width of 95m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.05”

Context: 152.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · copperGrade: 0.35Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This sub-interval confirms a high-grade core within the broader mineralized zone, adding to the overall positive interpretation of the drill results.

Positive factors

  • High-grade sub-interval (1.07% CuEq) within a broader mineralized zone
  • Good intercept length (43.9m) and true width (29m)
  • Reinforces the overall high-grade nature of the main intercept

Evidence · table

“0.35”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · nickelGrade: 0.34Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.34
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (43.9m) for nickel mineralization
  • True width of 29m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.34”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (43.9m) for cobalt mineralization
  • True width of 29m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · palladiumGrade: 0.75Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.75
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (43.9m) for palladium mineralization
  • True width of 29m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.75”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · platinumGrade: 0.16Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (43.9m) for platinum mineralization
  • True width of 29m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.16”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-011Selkirk · goldGrade: 0.06Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m
Intercept Depth
112 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, contributes to the overall significant polymetallic mineralization over a good interval.

Positive factors

  • Good intercept length (43.9m) for gold mineralization
  • True width of 29m confirms significant mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.06”

Context: 43.90

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · copperGrade: 0.21Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.21
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This intercept extends mineralization beyond the current MRE, suggesting potential for resource expansion within the conceptual pit.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • Grade (0.61% CuEq) is above the stated cut-off grade (0.46% CuEq)
  • True width of 13m confirms mineralization width

Evidence · table

“0.21”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · nickelGrade: 0.23Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.23
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, extends mineralization beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • True width of 13m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.23”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, extends mineralization beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • True width of 13m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.02”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · palladiumGrade: 0.33Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.33
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while low in grade, extends mineralization beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • True width of 13m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.33”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · platinumGrade: 0.08Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, extends mineralization beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • True width of 13m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.08”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · goldGrade: 0.05Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:77-102
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND WITHIN CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, extends mineralization beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential
  • True width of 13m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.05”

Context: 25.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · copperGrade: 0.4Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This high-grade intercept extends mineralization at depth beyond the current MRE, suggesting significant potential for resource expansion.

Positive factors

  • High-grade intercept (1.42% CuEq) demonstrates mineralization below the current MRE, indicating expansion potential at depth
  • True width of 10m confirms mineralization width

Evidence · table

“0.40”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · nickelGrade: 0.55Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.55
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This nickel intercept, while moderate in grade, extends mineralization at depth beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth
  • True width of 10m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.55”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · cobaltGrade: 0.04Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This cobalt intercept, while low in grade, extends mineralization at depth beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth
  • True width of 10m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.04”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · palladiumGrade: 0.96Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.96
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This palladium intercept, while moderate in grade, extends mineralization at depth beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth
  • True width of 10m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.96”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · platinumGrade: 0.16Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This platinum intercept, while low in grade, extends mineralization at depth beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth
  • True width of 10m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.16”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

SMET-25-009Selkirk · goldGrade: 0.06Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m
Intercept Depth
77 m

Classification

Program
resource
Sample Type
drill
Group ID
SMET-25-009:294-308
Mining Method
open_pit

Location

Location
OUTSIDE MRE AND BENEATH CONCEPTUAL PIT
Easting
575330.4
Northing
7642547.7
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.46
Cutoff Unit
% CuEq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: This gold intercept, while low in grade, extends mineralization at depth beyond the current MRE, suggesting potential for resource expansion.

Positive factors

  • Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth
  • True width of 10m confirms mineralization width
  • Part of a polymetallic intercept contributing to overall CuEq grade

Evidence · table

“0.06”

Context: 14.00

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · copperGrade: 0.46Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.46
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.46 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 44.6 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.46”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · nickelGrade: 0.43Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.43 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.43”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · cobaltGrade: 0.03Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.03 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.03”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · palladiumGrade: 0.76Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.76 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.76”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · platinumGrade: 0.18Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.18
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.18 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.18”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · goldGrade: 0.08Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.08 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.08”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 66

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · copperGrade: 0.52Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.52 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 24.9 %·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.52”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · nickelGrade: 0.49Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.49
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.49 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.49”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · cobaltGrade: 0.03Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.03 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.03”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · palladiumGrade: 0.83Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.83 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.83”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · platinumGrade: 0.17Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.17 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.17”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

andSelkirk · goldGrade: 0.07Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Intercept Depth
257 m

Classification

Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.07 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.07”

Context: and

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 33

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · copperGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 47.4 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.30”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · nickelGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.30”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · palladiumGrade: 0.52Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.52 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.52”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · platinumGrade: 0.12Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.12 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.12”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · goldGrade: 0.05Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Intercept Depth
110 m

Classification

Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.05 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.05”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · copperGrade: 0.4Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.4 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 20.0 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.40”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · nickelGrade: 0.43Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.43 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.43”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · palladiumGrade: 0.68Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.68
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.68 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.68”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · platinumGrade: 0.16Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.16 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.16”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · goldGrade: 0.08Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Intercept Depth
146 m

Classification

Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.08 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.08”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · copperGrade: 0.35Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.35 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 15.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.35”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · nickelGrade: 0.34Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.34
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.34”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · cobaltGrade: 0.02Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · palladiumGrade: 0.75Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
palladium
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.75
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.75 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.75”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · platinumGrade: 0.16Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
platinum
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.16 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.16”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

incl.Selkirk · goldGrade: 0.06Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Selkirk
Commodity
gold
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Intercept Depth
275.1 m

Classification

Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.06 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.06”

Context: incl.

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "47.90 metres of 1.42% CuEq (0.52% Cu, 0.49% Ni, 0.83 ppm Pd, 0.17 ppm Pt) All mineralization from SMET-25-011 was interc"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.