# NexMetals Drills 231 Metres of 1.09% CuEq, Including 97 Metres of 1.28% CuEq Establishing Scale, Grade and Expansion Potential at Selkirk Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91 Original source: https://money.tmx.com/en/quote/NEXM/news/7916294661236552/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ Publisher: tmx Original announcement: 2025-12-03T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: Wide, continuous, high-grade mineralization confirmed - Positive factor: Significant expansion potential demonstrated both at depth and near surface - Positive factor: Results will be incorporated into an updated Mineral Resource Estimate \(MRE\) - Positive factor: Detailed QA/QC procedures and QP sign-off enhance data credibility - Positive factor: True width estimates provided for all intercepts - Positive factor: Metal equivalent assumptions are disclosed - Positive factor: Cut-off grade for potential mining is clearly stated Facts used in scoring: 96 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Disclosed** Polarity: positive Story-specific tag Definition: 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 Compliant** Polarity: positive Story-specific tag Definition: 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 Signed** Polarity: positive Story-specific tag Definition: 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 Route** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-0) Selkirk · copper #### 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 factor: Exceptional intercept length \(231m\) and strong copper equivalent grade \(1.09% CuEq\) - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Contributes to establishing scale and grade potential for the deposit Evidence · table > 0.39 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-1) Selkirk · nickel #### 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 factor: Long intercept length \(231m\) for nickel mineralization - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.38 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-2) Selkirk · cobalt #### 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 factor: Long intercept length \(231m\) for cobalt mineralization - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-3) Selkirk · palladium #### 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 factor: Long intercept length \(231m\) for palladium mineralization - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.64 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-4) Selkirk · platinum #### 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 factor: Long intercept length \(231m\) for platinum mineralization - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.15 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-5) Selkirk · gold #### 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 factor: Long intercept length \(231m\) for gold mineralization - Positive factor: True width of 123m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.07 Context: 231.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 123 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-6) Selkirk · copper #### 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 factor: High-grade sub-interval \(1.28% CuEq\) within a broader mineralized zone - Positive factor: Significant intercept length \(97m\) and true width \(66m\) - Positive factor: Reinforces the overall high-grade nature of the main intercept Evidence · table > 0.46 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-7) Selkirk · nickel #### 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 factor: Significant intercept length \(97m\) for nickel mineralization - Positive factor: True width of 66m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.43 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-8) Selkirk · cobalt #### 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 factor: Significant intercept length \(97m\) for cobalt mineralization - Positive factor: True width of 66m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.03 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-9) Selkirk · palladium #### 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 factor: Significant intercept length \(97m\) for palladium mineralization - Positive factor: True width of 66m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.76 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-10) Selkirk · platinum #### 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 factor: Significant intercept length \(97m\) for platinum mineralization - Positive factor: True width of 66m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.18 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-11) Selkirk · gold #### 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 factor: Significant intercept length \(97m\) for gold mineralization - Positive factor: True width of 66m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.08 Context: 97.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-12) Selkirk · copper #### 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 factor: High-grade sub-interval \(1.42% CuEq\) within a broader mineralized zone - Positive factor: Good intercept length \(47.9m\) and true width \(33m\) - Positive factor: Reinforces the overall high-grade nature of the main intercept Evidence · table > 0.52 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-13) Selkirk · nickel #### 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 factor: Good intercept length \(47.9m\) for nickel mineralization - Positive factor: True width of 33m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.49 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-14) Selkirk · cobalt #### 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 factor: Good intercept length \(47.9m\) for cobalt mineralization - Positive factor: True width of 33m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.03 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-15) Selkirk · palladium #### 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 factor: Good intercept length \(47.9m\) for palladium mineralization - Positive factor: True width of 33m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.83 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-16) Selkirk · platinum #### 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 factor: Good intercept length \(47.9m\) for platinum mineralization - Positive factor: True width of 33m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.17 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-17) Selkirk · gold #### 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 factor: Good intercept length \(47.9m\) for gold mineralization - Positive factor: True width of 33m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.07 Context: 47.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-18) Selkirk · copper #### 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 factor: Very long intercept length \(171m\) and good copper equivalent grade \(0.85% CuEq\) - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Contributes to establishing scale and grade potential for the deposit Evidence · table > 0.29 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-19) Selkirk · nickel #### 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 factor: Long intercept length \(171m\) for nickel mineralization - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.29 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-20) Selkirk · cobalt #### 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 factor: Long intercept length \(171m\) for cobalt mineralization - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-21) Selkirk · palladium #### 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 factor: Long intercept length \(171m\) for palladium mineralization - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.51 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-22) Selkirk · platinum #### 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 factor: Long intercept length \(171m\) for platinum mineralization - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.12 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-23) Selkirk · gold #### 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 factor: Long intercept length \(171m\) for gold mineralization - Positive factor: True width of 102m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.05 Context: 171.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 102 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-24) Selkirk · copper #### 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 factor: Very long intercept length \(158m\) and good copper equivalent grade \(0.86% CuEq\) - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Reinforces the overall high-grade nature of the main intercept Evidence · table > 0.30 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-25) Selkirk · nickel #### 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 factor: Long intercept length \(158m\) for nickel mineralization - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.30 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-26) Selkirk · cobalt #### 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 factor: Long intercept length \(158m\) for cobalt mineralization - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-27) Selkirk · palladium #### 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 factor: Long intercept length \(158m\) for palladium mineralization - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.52 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-28) Selkirk · platinum #### 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 factor: Long intercept length \(158m\) for platinum mineralization - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.12 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-29) Selkirk · gold #### 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 factor: Long intercept length \(158m\) for gold mineralization - Positive factor: True width of 94m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.05 Context: 158.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-30) Selkirk · copper #### 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 factor: High-grade sub-interval \(1.18% CuEq\) within a broader mineralized zone - Positive factor: Good intercept length \(50m\) and true width \(30m\) - Positive factor: Reinforces the overall high-grade nature of the main intercept Evidence · table > 0.40 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-31) Selkirk · nickel #### 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 factor: Good intercept length \(50m\) for nickel mineralization - Positive factor: True width of 30m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.43 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-32) Selkirk · cobalt #### 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 factor: Good intercept length \(50m\) for cobalt mineralization - Positive factor: True width of 30m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-33) Selkirk · palladium #### 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 factor: Good intercept length \(50m\) for palladium mineralization - Positive factor: True width of 30m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.68 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-34) Selkirk · platinum #### 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 factor: Good intercept length \(50m\) for platinum mineralization - Positive factor: True width of 30m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.16 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-010 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-35) Selkirk · gold #### 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 factor: Good intercept length \(50m\) for gold mineralization - Positive factor: True width of 30m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.08 Context: 50.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-36) Selkirk · copper #### 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 factor: Intercept shows mineralization above the cut-off grade \(0.52% CuEq vs 0.46% CuEq\) - Positive factor: True width of 8m confirms mineralization width Evidence · table > 0.15 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-37) Selkirk · nickel #### 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 factor: True width of 8m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.19 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-38) Selkirk · cobalt #### 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 factor: True width of 8m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.01 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-39) Selkirk · palladium #### 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 factor: True width of 8m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.35 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-40) Selkirk · platinum #### 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 factor: True width of 8m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.09 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-41) Selkirk · gold #### 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 factor: True width of 8m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.03 Context: 13.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 8 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-42) Selkirk · copper #### 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 factor: Very long intercept length \(152.9m\) and good copper equivalent grade \(0.79% CuEq\) - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Contributes to establishing scale and grade potential for the deposit Evidence · table > 0.25 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-43) Selkirk · nickel #### 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 factor: Long intercept length \(152.9m\) for nickel mineralization - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.26 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-44) Selkirk · cobalt #### 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 factor: Long intercept length \(152.9m\) for cobalt mineralization - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-45) Selkirk · palladium #### 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 factor: Long intercept length \(152.9m\) for palladium mineralization - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.54 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-46) Selkirk · platinum #### 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 factor: Long intercept length \(152.9m\) for platinum mineralization - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.12 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-47) Selkirk · gold #### 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 factor: Long intercept length \(152.9m\) for gold mineralization - Positive factor: True width of 95m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.05 Context: 152.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-48) Selkirk · copper #### 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 factor: High-grade sub-interval \(1.07% CuEq\) within a broader mineralized zone - Positive factor: Good intercept length \(43.9m\) and true width \(29m\) - Positive factor: Reinforces the overall high-grade nature of the main intercept Evidence · table > 0.35 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-49) Selkirk · nickel #### 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 factor: Good intercept length \(43.9m\) for nickel mineralization - Positive factor: True width of 29m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.34 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-50) Selkirk · cobalt #### 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 factor: Good intercept length \(43.9m\) for cobalt mineralization - Positive factor: True width of 29m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-51) Selkirk · palladium #### 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 factor: Good intercept length \(43.9m\) for palladium mineralization - Positive factor: True width of 29m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.75 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-52) Selkirk · platinum #### 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 factor: Good intercept length \(43.9m\) for platinum mineralization - Positive factor: True width of 29m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.16 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-011 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-53) Selkirk · gold #### 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 factor: Good intercept length \(43.9m\) for gold mineralization - Positive factor: True width of 29m confirms significant mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.06 Context: 43.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-54) Selkirk · copper #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: Grade \(0.61% CuEq\) is above the stated cut-off grade \(0.46% CuEq\) - Positive factor: True width of 13m confirms mineralization width Evidence · table > 0.21 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-55) Selkirk · nickel #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: True width of 13m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.23 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-56) Selkirk · cobalt #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: True width of 13m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.02 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-57) Selkirk · palladium #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: True width of 13m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.33 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-58) Selkirk · platinum #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: True width of 13m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.08 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-59) Selkirk · gold #### 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 factor: Intercept demonstrates mineralization outside the current MRE but within the conceptual pit, indicating expansion potential - Positive factor: True width of 13m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.05 Context: 25.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-60) Selkirk · copper #### 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 factor: High-grade intercept \(1.42% CuEq\) demonstrates mineralization below the current MRE, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width Evidence · table > 0.40 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-61) Selkirk · nickel #### 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 factor: Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.55 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-62) Selkirk · cobalt #### 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 factor: Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.04 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-63) Selkirk · palladium #### 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 factor: Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.96 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-64) Selkirk · platinum #### 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 factor: Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.16 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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-25-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-65) Selkirk · gold #### 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 factor: Intercept demonstrates mineralization outside the current MRE and beneath the conceptual pit, indicating expansion potential at depth - Positive factor: True width of 10m confirms mineralization width - Positive factor: Part of a polymetallic intercept contributing to overall CuEq grade Evidence · table > 0.06 Context: 14.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-66) Selkirk · copper #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.46 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-67) Selkirk · nickel #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.43 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-68) Selkirk · cobalt #### 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 factor: 0.03 % cobalt is below the weak threshold \(0.08 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.03 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-69) Selkirk · palladium #### 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 factor: No grade rubric for palladium; intercept not scored. Evidence · table > 0.76 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-70) Selkirk · platinum #### 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 factor: No grade rubric for platinum; intercept not scored. Evidence · table > 0.18 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-71) Selkirk · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 66 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-72) Selkirk · copper #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.52 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-73) Selkirk · nickel #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.49 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-74) Selkirk · cobalt #### 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 factor: 0.03 % cobalt is below the weak threshold \(0.08 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.03 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-75) Selkirk · palladium #### 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 factor: No grade rubric for palladium; intercept not scored. Evidence · table > 0.83 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-76) Selkirk · platinum #### 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 factor: No grade rubric for platinum; intercept not scored. Evidence · table > 0.17 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-77) Selkirk · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 33 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-78) Selkirk · copper #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.30 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-79) Selkirk · nickel #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.30 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-80) Selkirk · cobalt #### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.02 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-81) Selkirk · palladium #### 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 factor: No grade rubric for palladium; intercept not scored. Evidence · table > 0.52 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-82) Selkirk · platinum #### 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 factor: No grade rubric for platinum; intercept not scored. Evidence · table > 0.12 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-83) Selkirk · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 94 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-84) Selkirk · copper #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.40 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-85) Selkirk · nickel #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.43 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-86) Selkirk · cobalt #### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.02 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-87) Selkirk · palladium #### 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 factor: No grade rubric for palladium; intercept not scored. Evidence · table > 0.68 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-88) Selkirk · platinum #### 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 factor: No grade rubric for platinum; intercept not scored. Evidence · table > 0.16 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-89) Selkirk · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 30 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-90) Selkirk · copper #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.35 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-91) Selkirk · nickel #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.34 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-92) Selkirk · cobalt #### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.02 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-93) Selkirk · palladium #### 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 factor: No grade rubric for palladium; intercept not scored. Evidence · table > 0.75 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-94) Selkirk · platinum #### 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 factor: No grade rubric for platinum; intercept not scored. Evidence · table > 0.16 Context: incl. #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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. [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-drills-231-metres-of-1-09-cueq-including-97-metres-of-1-28-cueq-establ--7332e238-55e9-403d-a289-4afa1c913f91#fact-drill-facts-95) Selkirk · gold #### 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 factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 29 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: 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.