# NexMetals Files NI 43-101 Technical Report for 2026 Selkirk Mineral Resource Estimate

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea

Original source: https://money.tmx.com/en/quote/NEXM/news/7046321229884850/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est

Publisher: tmx

Original announcement: 2026-08-07T21:15:00.000Z

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, Silver

- Document categories: Resource update

- Extracted: 2026-09-12 14:41:58 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Significant conversion of Inferred to Indicated resources

- Positive factor: 70% increase in CuEq metal inventory

- Positive factor: Successful twin drilling and re-assaying campaign

- Positive factor: High M&I ratio \(approx 80%\)

- Negative factor: Resource is not a reserve

- Negative factor: Historical data from TNMC was not verifiable and excluded

Facts used in scoring: 28

## Classification and evidence

**Category Upgrade**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-0)

Selkirk Project · copper

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 0.23

Context: 78.2

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-1)

Selkirk Project · nickel

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-2)

Selkirk Project · cobalt

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-3)

Selkirk Project · platinum

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-4)

Selkirk Project · palladium

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-5)

Selkirk Project · gold

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-6)

Selkirk Project · silver

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-7)

Selkirk Project · copper

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 0.21

Context: 15.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-8)

Selkirk Project · nickel

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 0.18

Context: 15.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-9)

Selkirk Project · cobalt

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-10)

Selkirk Project · platinum

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-11)

Selkirk Project · palladium

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-12)

Selkirk Project · gold

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-13)

Selkirk Project · silver

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-14)

Selkirk Project · nickel

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 163

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-15)

Selkirk Project · copper

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 181

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-16)

Selkirk Project · cobalt

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 9.2

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-17)

Selkirk Project · platinum

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 245

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-18)

Selkirk Project · palladium

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 1,066

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-19)

Selkirk Project · gold

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 120

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-20)

Selkirk Project · silver

#### 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 factor: Indicated category provides higher geological confidence

Evidence · table

> 1,818

Context: 1,138

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-21)

Selkirk Project · nickel

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 27

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-22)

Selkirk Project · copper

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 32

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-23)

Selkirk Project · cobalt

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 1.6

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-24)

Selkirk Project · platinum

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 45

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-25)

Selkirk Project · palladium

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 193

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-26)

Selkirk Project · gold

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 25

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-files-ni-43-101-technical-report-for-2026-selkirk-mineral-resource-est--720ef445-614c-4d49-a31f-48127e7f02ea#fact-resource-facts-27)

Selkirk Project · silver

#### 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 factor: Inferred category has lower geological confidence

Evidence · table

> 372

Context: 200

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: 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.