# 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 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb Original source: https://money.tmx.com/en/quote/NEXM/news/7921097714097685/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09- Publisher: tmx Original announcement: 2026-05-07T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: NexMetals Mining Corp. - Ticker: NEXM - Exchange: TSX - Region: Botswana - Primary commodity: Copper - Secondary commodities: Nickel, Cobalt, Platinum, Palladium, Gold - Document categories: Drill results - Extracted: 2026-09-12 14:55:39 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: High-grade copper-nickel intercepts, particularly SMD-26-209, which is well above typical economic thresholds for both commodities. - Positive factor: Significant step-out extension \(320m beyond 2024 MRE\) confirming strong down-plunge continuity, indicating resource expansion potential. - Positive factor: True width estimates are provided for all reported intervals, enhancing confidence in the geometry. - Positive factor: Comprehensive QA/QC disclosure, including QP sign-off, accredited lab, and specific methods. - Positive factor: 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 Intercept** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release 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 Transparent** Polarity: positive Definition: 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-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-0) Selebi Mines · copper #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.76 Context: 16.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 15.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-1) Selebi Mines · nickel #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.50 Context: 16.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 15.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-2) Selebi Mines · cobalt #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.02 Context: 16.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 15.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-3) Selebi Mines · copper #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.86 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-4) Selebi Mines · nickel #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.56 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-5) Selebi Mines · cobalt #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.02 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-6) Selebi Mines · copper #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 1.10 Context: 9.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 9.5 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-7) Selebi Mines · nickel #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.55 Context: 9.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 9.5 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-8) Selebi Mines · cobalt #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Part of a program extending mineralization beyond the current MRE. Evidence · table > 0.02 Context: 9.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 9.5 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-9) Selebi Mines · copper #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 1.42 Context: 4.75 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-10) Selebi Mines · nickel #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 0.81 Context: 4.75 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-11) Selebi Mines · cobalt #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 0.03 Context: 4.75 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-12) Selebi Mines · copper #### 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 factor: High-grade copper and nickel intercept. - Positive factor: Estimated true width disclosed. Evidence · table > 1.64 Context: 1.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-13) Selebi Mines · nickel #### 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 factor: High-grade copper and nickel intercept. - Positive factor: Estimated true width disclosed. Evidence · table > 1.92 Context: 1.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-14) Selebi Mines · cobalt #### 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 factor: High-grade copper and nickel intercept. - Positive factor: Estimated true width disclosed. Evidence · table > 0.09 Context: 1.05 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.95 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-15) Selebi Mines · copper #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Indicates continued mineralization at depth. Evidence · table > 0.83 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-16) Selebi Mines · nickel #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Indicates continued mineralization at depth. Evidence · table > 1.84 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-203 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-17) Selebi Mines · cobalt #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Indicates continued mineralization at depth. Evidence · table > 0.02 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.9 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-18) Selebi Mines · copper #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 0.17 Context: 0.40 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.37 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-19) Selebi Mines · nickel #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 1.88 Context: 0.40 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.37 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-20) Selebi Mines · cobalt #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 0.12 Context: 0.40 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.37 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-21) Selebi Mines · copper #### 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 factor: Good copper-nickel grades with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 1.22 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-22) Selebi Mines · nickel #### 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 factor: Good copper-nickel grades with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.58 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-23) Selebi Mines · cobalt #### 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 factor: Good copper-nickel grades with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.02 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-24) Selebi Mines · copper #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 1.02 Context: 0.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.48 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-25) Selebi Mines · nickel #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.96 Context: 0.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.48 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-207 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-26) Selebi Mines · cobalt #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.04 Context: 0.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.48 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-27) Selebi Mines · copper #### 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 factor: High-grade copper-nickel intercept with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 1.95 Context: 3.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.55 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-28) Selebi Mines · nickel #### 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 factor: High-grade copper-nickel intercept with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 1.32 Context: 3.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.55 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-29) Selebi Mines · cobalt #### 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 factor: High-grade copper-nickel intercept with estimated true width disclosed. - Positive factor: Contributes to resource expansion. Evidence · table > 0.06 Context: 3.70 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.55 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-30) Selebi Mines · copper #### 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 factor: Exceptional copper and nickel grades within a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Strongly contributes to resource expansion. Evidence · table > 2.50 Context: 2.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.01 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-31) Selebi Mines · nickel #### 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 factor: Exceptional copper and nickel grades within a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Strongly contributes to resource expansion. Evidence · table > 2.13 Context: 2.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.01 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-32) Selebi Mines · cobalt #### 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 factor: Exceptional copper and nickel grades within a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Strongly contributes to resource expansion. Evidence · table > 0.09 Context: 2.10 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.01 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-33) Selebi Mines · copper #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 0.94 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.85 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-34) Selebi Mines · nickel #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 1.53 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.85 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-35) Selebi Mines · cobalt #### 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 factor: High-grade nickel intercept with estimated true width disclosed. - Positive factor: Confirms mineralization in the Main Zone. Evidence · table > 0.06 Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.85 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-36) Selebi Mines · copper #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 1.23 Context: 4.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-37) Selebi Mines · nickel #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.54 Context: 4.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-38) Selebi Mines · cobalt #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.02 Context: 4.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.7 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-39) Selebi Mines · copper #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 1.09 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.81 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-40) Selebi Mines · nickel #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 1.11 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.81 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-41) Selebi Mines · cobalt #### 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 factor: Higher-grade sub-interval with estimated true width disclosed. - Positive factor: Confirms mineralization in the Lower Zone. Evidence · table > 0.05 Context: 1.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.81 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-42) Selebi Mines · copper #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Indicates a new mineralized horizon. Evidence · table > 0.67 Context: 7.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.35 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-43) Selebi Mines · nickel #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Indicates a new mineralized horizon. Evidence · table > 0.67 Context: 7.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.35 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-208 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-44) Selebi Mines · cobalt #### 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 factor: Good intercept length with estimated true width disclosed. - Positive factor: Indicates a new mineralized horizon. Evidence · table > 0.03 Context: 7.45 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.35 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-45) Selebi Mines · copper #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-46) Selebi Mines · nickel #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-47) Selebi Mines · cobalt #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 10.3 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-48) Selebi Mines · copper #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 3.45 Context: 3.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.61 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-49) Selebi Mines · nickel #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 1.79 Context: 3.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.61 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-50) Selebi Mines · cobalt #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 0.08 Context: 3.65 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.61 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-51) Selebi Mines · copper #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 3.27 Context: 5.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-52) Selebi Mines · nickel #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 2.07 Context: 5.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-26-209 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-53) Selebi Mines · cobalt #### 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 factor: Exceptional copper and nickel grades over a significant intercept length. - Positive factor: Estimated true width disclosed. - Positive factor: Contributes to significant step-out potential and continuity. Evidence · table > 0.09 Context: 5.90 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### SMD-25-205 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-54) Selebi Mines · copper Historical result Needs review: historical\_restatement #### 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 factor: High-grade historical intercept confirming expansion potential. - Negative factor: 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 Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-55) Selebi Mines · copper #### 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 factor: 3.27 % copper is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.27 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-56) Selebi Mines · nickel #### 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 factor: 2.07 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.07 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--b97e8723-275b-406c-aece-b10dba92beeb#fact-drill-facts-57) Selebi Mines · cobalt #### 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 factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.09 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 5.84 **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.