NexMetals Expands the Selebi System Intersecting 10.40 Metres of 6.82% CuEq (3.09% Cu, 1.83% Ni) at Selebi Main, 320 Metres Beyond the 2024 MRE

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Platinum, Palladium, Gold
Document categories
Drill results
Extracted
2026-09-12 14:55:39 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. announced high-grade copper-nickel drill results from its Selebi Mines Project in Botswana, including 10.40 metres of 6.82% CuEq (3.09% Cu, 1.83% Ni) in hole SMD-26-209. This intercept extends mineralization 320 metres beyond the 2024 Mineral Resource Estimate, confirming strong down-plunge continuity and highlighting significant resource expansion potential. The company is tightening drill spacing to 200 metres with five rigs active, aiming for a meaningful increase in the next MRE expected in H2 2026.

Reasoning: The drill results demonstrate significant high-grade copper-nickel mineralization extending well beyond the current resource boundaries, confirming continuity and indicating substantial growth potential for the Selebi Main deposit. The transparency in reporting, including true width and metal equivalent assumptions, adds to the confidence in these results.

Positive factors

  • High-grade copper-nickel intercepts, particularly SMD-26-209, which is well above typical economic thresholds for both commodities.
  • Significant step-out extension (320m beyond 2024 MRE) confirming strong down-plunge continuity, indicating resource expansion potential.
  • True width estimates are provided for all reported intervals, enhancing confidence in the geometry.
  • Comprehensive QA/QC disclosure, including QP sign-off, accredited lab, and specific methods.
  • Metal equivalent assumptions are fully disclosed, allowing for transparent evaluation.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 58

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Hole SMD-26-209 intersected 10.40 metres of 6.82% CuEq (3.09% Cu, 1.83% Ni), which is exceptionally high-grade for copper-nickel mineralization.

Evidence · text

“SMD-26-209 intersected 10.40 Metres of 6.82% CuEq (3.09% Cu, 1.83% Ni)”

True Width Disclosedpositive

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

Why it applies: The document provides 'Est. True Thickness' for all reported intervals in Table 1, indicating that the actual thickness perpendicular to the structure is stated.

Evidence · table

“Est. True Thickness”

Context: Length (m)

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling has intersected mineralization 320 metres beyond the 2024 Mineral Resource Estimate, confirming strong down-plunge continuity and highlighting expansion potential.

Evidence · text

“Drilling has intersected mineralization 320 metres beyond the 2024 Mineral Resource Estimate”

QA/QC Disclosedpositive

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

Why it applies: The release explicitly states that all scientific and technical information has been reviewed and approved by a 'qualified person' (Sharon Taylor, P.Geo), and details QA/QC procedures including the use of blanks and certified standards, and analysis by ALS Chemex.

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. ... 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. Sample preparation and lab analysis was completed at ALS Geochemistry in Johannesburg, South Africa.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The CEO states that 'all holes reported today have returned grades and widths above the 2024 MRE cut-off', implying a clear cut-off grade is in use for reporting intervals.

Evidence · text

“all holes reported today have returned grades and widths above the 2024 MRE cut-off”

Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

Drill Results (58)

SMD-25-203Selebi Mines · copperGrade: 0.76Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms the presence of mineralization in the Main Zone, contributing to the overall resource expansion efforts.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.76”

Context: 16.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 15.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 0.5Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.5
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms the presence of mineralization in the Main Zone, contributing to the overall resource expansion efforts.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.50”

Context: 16.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 15.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms the presence of mineralization in the Main Zone, contributing to the overall resource expansion efforts.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.02”

Context: 16.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 15.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · copperGrade: 0.86Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.86
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.86”

Context: 13.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 13.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 0.56Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.56
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.56”

Context: 13.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 13.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.02”

Context: 13.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 13.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · copperGrade: 1.1Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.1
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1932.5-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“1.10”

Context: 9.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 0.55Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.55
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1932.5-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.55”

Context: 9.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1932.5-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows higher grades within the broader mineralized zone, contributing to resource expansion.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Part of a program extending mineralization beyond the current MRE.

Evidence · table

“0.02”

Context: 9.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · copperGrade: 1.42Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.42
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1937.4-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval represents a higher-grade core within the broader mineralized zone, enhancing the overall value of the intercept.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“1.42”

Context: 4.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 0.81Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.81
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1937.4-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval represents a higher-grade core within the broader mineralized zone, enhancing the overall value of the intercept.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“0.81”

Context: 4.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.03Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1937.4-1942.15
Mining Method
underground

Location

Location
Main Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval represents a higher-grade core within the broader mineralized zone, enhancing the overall value of the intercept.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“0.03”

Context: 4.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · copperGrade: 1.64Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.64
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1964.4-1965.45
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Lower Zone indicates strong mineralization at depth, contributing positively to the project's potential.

Positive factors

  • High-grade copper and nickel intercept.
  • Estimated true width disclosed.

Evidence · table

“1.64”

Context: 1.05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 1.92Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.92
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1964.4-1965.45
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Lower Zone indicates strong mineralization at depth, contributing positively to the project's potential.

Positive factors

  • High-grade copper and nickel intercept.
  • Estimated true width disclosed.

Evidence · table

“1.92”

Context: 1.05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.09Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1964.4-1965.45
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Lower Zone indicates strong mineralization at depth, contributing positively to the project's potential.

Positive factors

  • High-grade copper and nickel intercept.
  • Estimated true width disclosed.

Evidence · table

“0.09”

Context: 1.05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · copperGrade: 0.83Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1968.2-1969.2
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept further confirms the presence of high-grade mineralization in the Lower Zone, supporting the project's depth potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Indicates continued mineralization at depth.

Evidence · table

“0.83”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · nickelGrade: 1.84Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.84
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1968.2-1969.2
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept further confirms the presence of high-grade mineralization in the Lower Zone, supporting the project's depth potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Indicates continued mineralization at depth.

Evidence · table

“1.84”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-203Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m
Intercept Depth
1928.65 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-203:1968.2-1969.2
Mining Method
underground

Location

Location
Lower Zone
Easting
582550.8
Northing
7564012.8
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept further confirms the presence of high-grade mineralization in the Lower Zone, supporting the project's depth potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Indicates continued mineralization at depth.

Evidence · table

“0.02”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · copperGrade: 0.17Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1644.9-1645.3
Mining Method
underground

Location

Location
Main Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This short, high-grade nickel intercept confirms the presence of mineralization in the Main Zone, contributing to the overall understanding of the deposit.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“0.17”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · nickelGrade: 1.88Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.88
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1644.9-1645.3
Mining Method
underground

Location

Location
Main Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This short, high-grade nickel intercept confirms the presence of mineralization in the Main Zone, contributing to the overall understanding of the deposit.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“1.88”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · cobaltGrade: 0.12Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1644.9-1645.3
Mining Method
underground

Location

Location
Main Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This short, high-grade nickel intercept confirms the presence of mineralization in the Main Zone, contributing to the overall understanding of the deposit.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“0.12”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · copperGrade: 1.22Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.22
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the understanding of the deposit's geometry.

Positive factors

  • Good copper-nickel grades with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“1.22”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · nickelGrade: 0.58Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.58
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the understanding of the deposit's geometry.

Positive factors

  • Good copper-nickel grades with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.58”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the understanding of the deposit's geometry.

Positive factors

  • Good copper-nickel grades with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.02”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · copperGrade: 1.02Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.02
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone further enhances the prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“1.02”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · nickelGrade: 0.96Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.96
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone further enhances the prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.96”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-207Selebi Mines · cobaltGrade: 0.04Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m
Intercept Depth
1644.9 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Location
Lower Zone
Easting
582644
Northing
7563223.9
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone further enhances the prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.04”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 1.95Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.95
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1585
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Main Zone indicates strong mineralization, supporting the expansion potential of the deposit.

Positive factors

  • High-grade copper-nickel intercept with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“1.95”

Context: 3.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 1.32Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.32
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1585
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Main Zone indicates strong mineralization, supporting the expansion potential of the deposit.

Positive factors

  • High-grade copper-nickel intercept with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“1.32”

Context: 3.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.06Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1585
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade intercept in the Main Zone indicates strong mineralization, supporting the expansion potential of the deposit.

Positive factors

  • High-grade copper-nickel intercept with estimated true width disclosed.
  • Contributes to resource expansion.

Evidence · table

“0.06”

Context: 3.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 2.5Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
2.5
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1583.4
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.89
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade sub-interval represents a bonanza intercept, significantly enhancing the overall value and prospectivity of the Main Zone.

Positive factors

  • Exceptional copper and nickel grades within a significant intercept length.
  • Estimated true width disclosed.
  • Strongly contributes to resource expansion.

Evidence · table

“2.50”

Context: 2.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.01

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 2.13Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
2.13
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1583.4
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.89
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade sub-interval represents a bonanza intercept, significantly enhancing the overall value and prospectivity of the Main Zone.

Positive factors

  • Exceptional copper and nickel grades within a significant intercept length.
  • Estimated true width disclosed.
  • Strongly contributes to resource expansion.

Evidence · table

“2.13”

Context: 2.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.01

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.09Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1581.3-1583.4
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.89
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade sub-interval represents a bonanza intercept, significantly enhancing the overall value and prospectivity of the Main Zone.

Positive factors

  • Exceptional copper and nickel grades within a significant intercept length.
  • Estimated true width disclosed.
  • Strongly contributes to resource expansion.

Evidence · table

“0.09”

Context: 2.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.01

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 0.94Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.94
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade nickel intercept in the Main Zone further confirms the presence of mineralization, supporting the overall resource potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“0.94”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 1.53Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.53
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade nickel intercept in the Main Zone further confirms the presence of mineralization, supporting the overall resource potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“1.53”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.06Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

Location
Main Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.1
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This high-grade nickel intercept in the Main Zone further confirms the presence of mineralization, supporting the overall resource potential.

Positive factors

  • High-grade nickel intercept with estimated true width disclosed.
  • Confirms mineralization in the Main Zone.

Evidence · table

“0.06”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 1.23Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.23
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.34
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the overall understanding of the deposit.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“1.23”

Context: 4.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 0.54Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.54
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.34
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the overall understanding of the deposit.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.54”

Context: 4.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.02Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.34
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Lower Zone, contributing to the overall understanding of the deposit.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.02”

Context: 4.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 1.09Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.09
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1614.4-1616.25
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone enhances the overall prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“1.09”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 1.11Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.11
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1614.4-1616.25
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone enhances the overall prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“1.11”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.05Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1614.4-1616.25
Mining Method
underground

Location

Location
Lower Zone
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This higher-grade sub-interval within the Lower Zone enhances the overall prospectivity of the area.

Positive factors

  • Higher-grade sub-interval with estimated true width disclosed.
  • Confirms mineralization in the Lower Zone.

Evidence · table

“0.05”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · copperGrade: 0.67Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.67
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

Location
Lower Zone 2
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept in a new Lower Zone indicates additional mineralized horizons, which is positive for resource growth.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Indicates a new mineralized horizon.

Evidence · table

“0.67”

Context: 7.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · nickelGrade: 0.67Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.67
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

Location
Lower Zone 2
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept in a new Lower Zone indicates additional mineralized horizons, which is positive for resource growth.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Indicates a new mineralized horizon.

Evidence · table

“0.67”

Context: 7.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-208Selebi Mines · cobaltGrade: 0.03Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m
Hole Depth
1678.2 m
Intercept Depth
1581.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

Location
Lower Zone 2
Easting
582752.1
Northing
7563358.1
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept in a new Lower Zone indicates additional mineralized horizons, which is positive for resource growth.

Positive factors

  • Good intercept length with estimated true width disclosed.
  • Indicates a new mineralized horizon.

Evidence · table

“0.03”

Context: 7.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · copperGrade: 3.09Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
3.09
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.82
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza intercept in SMD-26-209 is highly material, confirming significant down-plunge continuity and indicating substantial resource expansion potential beyond the current MRE.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Located 320m beyond the 2024 MRE, demonstrating significant step-out potential and continuity.

Evidence · table

“3.09”

Context: 10.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 10.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · nickelGrade: 1.83Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.83
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.82
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza intercept in SMD-26-209 is highly material, confirming significant down-plunge continuity and indicating substantial resource expansion potential beyond the current MRE.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Located 320m beyond the 2024 MRE, demonstrating significant step-out potential and continuity.

Evidence · table

“1.83”

Context: 10.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 10.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · cobaltGrade: 0.08Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.82
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza intercept in SMD-26-209 is highly material, confirming significant down-plunge continuity and indicating substantial resource expansion potential beyond the current MRE.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Located 320m beyond the 2024 MRE, demonstrating significant step-out potential and continuity.

Evidence · table

“0.08”

Context: 10.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 10.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · copperGrade: 3.45Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
3.45
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1772.2
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.72
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval represents the highest-grade portion of the main intercept, significantly enhancing the overall value and prospectivity.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“3.45”

Context: 3.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · nickelGrade: 1.79Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
1.79
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1772.2
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.72
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval represents the highest-grade portion of the main intercept, significantly enhancing the overall value and prospectivity.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“1.79”

Context: 3.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · cobaltGrade: 0.08Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1768.55-1772.2
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.72
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval represents the highest-grade portion of the main intercept, significantly enhancing the overall value and prospectivity.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“0.08”

Context: 3.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · copperGrade: 3.27Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
3.27
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval further confirms the high-grade nature of the main intercept, reinforcing the overall positive outlook.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“3.27”

Context: 5.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · nickelGrade: 2.07Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
2.07
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval further confirms the high-grade nature of the main intercept, reinforcing the overall positive outlook.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“2.07”

Context: 5.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-26-209Selebi Mines · cobaltGrade: 0.09Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Hole Depth
1861.9 m
Intercept Depth
1768.55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SMD-26-209:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.7 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This bonanza sub-interval further confirms the high-grade nature of the main intercept, reinforcing the overall positive outlook.

Positive factors

  • Exceptional copper and nickel grades over a significant intercept length.
  • Estimated true width disclosed.
  • Contributes to significant step-out potential and continuity.

Evidence · table

“0.09”

Context: 5.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

SMD-25-205Selebi Mines · copperGrade: 7.31Grade Unit: %Intercept: 11.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
SMD-25-205
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
7.31
Grade Unit
%
Intercept
11.05 m

Classification

Program
mixed
Sample Type
drill
Mining Method
underground

Location

Location
Flexure Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-02-26T00:00:00.000Z

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This historical intercept is referenced to demonstrate consistency and expansion potential, providing context for the new results.

Positive factors

  • High-grade historical intercept confirming expansion potential.

Negative factors

  • Results are historical and not new to this release.

Evidence · text

“11.05 metres of 7.31% CuEq, see news release dated February 26, 2026”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

andSelebi Mines · copperGrade: 3.27Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
3.27
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Intercept Depth
1773.05 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 3.27 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 19.3 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.27 % copper is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.27”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andSelebi Mines · nickelGrade: 2.07Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines
Commodity
nickel
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
2.07
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Intercept Depth
1773.05 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 2.07 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 2.07 % nickel is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.07”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andSelebi Mines · cobaltGrade: 0.09Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines
Commodity
cobalt
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m
Intercept Depth
1773.05 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

Location
Main Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.21
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.09”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.