NexMetals Files NI 43-101 Technical Report for 2026 Selkirk Mineral Resource Estimate
Original announcement by tmx on
- Company
- NexMetals Mining Corp.
- Ticker
- NEXM
- Exchange
- TSX
- Region
- Botswana
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt, Platinum, Palladium, Gold, Silver
- Document categories
- Resource update
- Extracted
- 2026-09-12 14:41:58 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NexMetals has filed a NI 43-101 technical report supporting the 2026 Mineral Resource Estimate for the Selkirk Project in Botswana. The estimate includes an Indicated resource of 78.2 Mt at 0.66% CuEq and an Inferred resource of 15.1 Mt at 0.60% CuEq, representing a 70% increase in CuEq metal inventory.
Reasoning: The 2026 MRE represents a significant de-risking event through resource category conversion and a substantial increase in contained metal inventory.
Positive factors
- Significant conversion of Inferred to Indicated resources
- 70% increase in CuEq metal inventory
- Successful twin drilling and re-assaying campaign
- High M&I ratio (approx 80%)
Negative factors
- Resource is not a reserve
- Historical data from TNMC was not verifiable and excluded
Facts used in scoring: 28
Classification and evidence
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: Significant conversion of Mineral Resources from the Inferred to Indicated category.
Evidence · text
“reflects a significant conversion of Mineral Resources from the Inferred to Indicated category”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report was prepared in accordance with NI 43-101 standards.
Evidence · text
“filed an independent National Instrument 43-101... technical report”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cut-off grade of US$25/t NSR is clearly stated.
Evidence · text
“Mineral Resources are reported at a cut-off value of US$25/t Net Smelter Return (" NSR ")”
Extracted facts
Stored fact records: 28. Some facts used in scoring do not have a stored record.
Resource Estimates (28)
indicatedSelkirk Project · copperTonnes: 78200000Grade: 0.23Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.23
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale.
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“0.23”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · nickelTonnes: 78200000Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.21
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Nickel is a key component of the CuEq calculation.
Evidence · table
“0.21”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · cobaltTonnes: 78200000Grade: 0.012Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.012
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Trace cobalt reported.
Evidence · table
“0.012”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · platinumTonnes: 78200000Grade: 0.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.1
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Platinum is a key PGE component.
Evidence · table
“0.10”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · palladiumTonnes: 78200000Grade: 0.42Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.42
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Palladium is a key PGE component.
Evidence · table
“0.42”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · goldTonnes: 78200000Grade: 0.05Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.05
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Gold is a minor component of the resource.
Evidence · table
“0.05”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · silverTonnes: 78200000Grade: 0.72Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:953aff973b73d72714b8
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 78200000
- Grade
- 0.72
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Silver is a minor component of the resource.
Evidence · table
“0.72”
Context: 78.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · copperTonnes: 15100000Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.21
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk.
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“0.21”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · nickelTonnes: 15100000Grade: 0.18Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.18
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Nickel is a key component of the CuEq calculation.
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“0.18”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · cobaltTonnes: 15100000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Trace cobalt reported.
Evidence · table
“0.010”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · platinumTonnes: 15100000Grade: 0.09Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.09
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Platinum is a key PGE component.
Evidence · table
“0.09”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · palladiumTonnes: 15100000Grade: 0.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.4
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Palladium is a key PGE component.
Evidence · table
“0.40”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · goldTonnes: 15100000Grade: 0.05Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.05
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Gold is a minor component of the resource.
Evidence · table
“0.05”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · silverTonnes: 15100000Grade: 0.77Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:ab84c2892c9201ef6bc6
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 15100000
- Grade
- 0.77
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Silver is a minor component of the resource.
Evidence · table
“0.77”
Context: 15.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · nickelTonnes: 1138000000Grade: 163Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 163
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“163”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · copperTonnes: 1138000000Grade: 181Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 181
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“181”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · cobaltTonnes: 1138000000Grade: 9.2Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 9.2
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“9.2”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · platinumTonnes: 1138000000Grade: 245Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 245
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“245”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · palladiumTonnes: 1138000000Grade: 1066Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 1066
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“1,066”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · goldTonnes: 1138000000Grade: 120Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 120
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“120”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedSelkirk Project · silverTonnes: 1138000000Grade: 1818Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:6409597c3b4f5b7284d3
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 1138000000
- Grade
- 1818
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Indicated grade is consistent with the project's scale. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides higher geological confidence
Evidence · table
“1,818”
Context: 1,138
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · nickelTonnes: 200000000Grade: 27Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 27
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“27”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · copperTonnes: 200000000Grade: 32Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 32
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“32”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · cobaltTonnes: 200000000Grade: 1.6Grade Unit: %View all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 1.6
- Grade Unit
- %
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“1.6”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · platinumTonnes: 200000000Grade: 45Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 45
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“45”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · palladiumTonnes: 200000000Grade: 193Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 193
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“193”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · goldTonnes: 200000000Grade: 25Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 25
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“25”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredSelkirk Project · silverTonnes: 200000000Grade: 372Grade Unit: g/tView all detailsHide details
Identity
- Project
- Selkirk Project
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-06-22T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- J.C. Witley, Sharon Taylor
- Resource group id
- resource:1ef13213a1ef58bc027a
- Deposit or zone
- Selkirk Meta Gabbro
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 200000000
- Grade
- 372
- Grade Unit
- g/t
- Cutoff Grade
- 25
- Cutoff Unit
- US$/t NSR
Prior Estimate
- Resource Date
- 2026-06-22
Metal Equivalent
- Metal Eq. Grade
- 0.6
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-07T00:00:00.000Z
Reasoning: Inferred resource provides additional upside but higher risk. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower geological confidence
Evidence · table
“372”
Context: 200
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.