NexMetals' Final Analytical Results Confirm Selkirk Copper and Nickel Clean Concentrates Meet Commercial Smelter Specifications
Original announcement by tmx on
- Company
- NexMetals Mining Corp.
- Ticker
- NEXM
- Exchange
- TSX
- Region
- Botswana
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt, Silver, Gold, Palladium, Platinum
- Document categories
- Metallurgy
- Extracted
- 2026-09-12 14:46:17 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NexMetals Mining Corp. announced final analytical results from metallurgical testwork on its Selkirk Mine in Botswana, confirming that both copper and nickel concentrates meet commercial smelter specifications. The Locked Cycle Test (LCT) results show very low levels of deleterious elements, which is expected to enhance marketability and off-take terms. These positive results support a potential low-capital restart pathway for the past-producing mine.
Reasoning: The final metallurgical results confirm that both copper and nickel concentrates from the Selkirk project meet commercial smelter specifications with very low levels of deleterious elements, significantly de-risking the project and enhancing marketability. This supports a low-capital restart pathway and a conventional flotation flowsheet.
Positive factors
- Final analytical results confirm concentrates meet commercial smelter specifications
- Both copper and nickel concentrates show very low levels of deleterious elements, below penalty thresholds
- Results support a potential low-capital restart pathway without on-site smelter or hydrometallurgical facility
- Conventional flotation flowsheet contributes to lower environmental footprint
- Locked Cycle Test (LCT) is an industry-standard bench-scale test, providing high confidence in results
Negative factors
- Testwork was conducted on a single master composite, limiting variability assessment
Facts used in scoring: 52
Classification and evidence
Bench Scale Onlynegative
Only preliminary bench tests completed — no locked-cycle or pilot work.
Why it applies: The metallurgical testwork was conducted as a Locked Cycle Test (LCT), which is described as an 'industry-standard bench-scale test'.
Evidence · text
“A Locked Cycle Test (LCT) is an industry-standard bench-scale test designed to simulate the steady-state conditions of a continuous flotation circuit”
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: The testwork was based on a 'master composite representative of grades anticipated in the early years of a conceptual mine plan', indicating a single composite was used rather than multiple domains.
Evidence · text
“Selected samples were blended to create a master composite representative of grades anticipated in the early years of a conceptual mine plan. This composite formed the basis for metallurgical testwork.”
Flotation Routeneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The document explicitly states that 'Results demonstrate that a conventional sequential flotation flowsheet can effectively generate separate, high-quality copper and nickel concentrates'.
Evidence · text
“Results demonstrate that a conventional sequential flotation flowsheet can effectively generate separate, high-quality copper and nickel concentrates”
QP/CP Signedpositive · Story-specific tag
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: The news release states that 'All scientific and technical information in this news release has been reviewed and approved by Renee Goold, P. Eng. of Fuse Advisors and Sharon Taylor, VP Geophysics of the Company, MSc, P.Geo, and a "qualified person"'.
Evidence · text
“All scientific and technical information in this news release has been reviewed and approved by Renee Goold, P. Eng. of Fuse Advisors and Sharon Taylor, VP Geophysics of the Company, MSc, P.Geo, and a "qualified person"”
Free Millingpositive
Simple, clean ore amenable to standard processing without oxidation.
Why it applies: The document highlights 'clean, high-grade, commercially saleable copper and nickel concentrates with low levels of deleterious elements' and a 'conventional flotation flowsheet', implying the ore is amenable to standard processing without significant complications.
Evidence · text
“clean, high-grade, commercially saleable copper and nickel concentrates with low levels of deleterious elements that meet commercial smelter specifications.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("flotation")
Extracted facts
Stored fact records: 52. Some facts used in scoring do not have a stored record.
Metallurgical Results (52)
locked-cycleSelkirk Mine · nickelView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.63
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Nickel grade in copper concentrate is low, but the overall concentrate quality meets commercial smelter specifications with low deleterious elements, which is positive for marketability.
Positive factors
- Concentrate quality confirmed to meet commercial smelter specifications
- Low levels of deleterious elements reported
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.63”
Context: Ni
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · copperView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 30.8
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: The copper concentrate achieved a high grade of 30.8% and meets commercial smelter specifications with low deleterious elements, which is a strong positive for project economics and marketability.
Positive factors
- High copper concentrate grade of 30.8%
- Concentrate quality confirmed to meet commercial smelter specifications
- Low levels of deleterious elements reported
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“30.8”
Context: Cu
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · cobaltView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.036
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Cobalt content in the copper concentrate is a positive byproduct credit, contributing to overall project economics.
Positive factors
- Cobalt is expected to be payable, adding value to the copper concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.036”
Context: Co
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · silverView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 74.1
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Silver content in the copper concentrate provides additional payable metal, enhancing project economics.
Positive factors
- Silver is expected to be payable, adding value to the copper concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“74.1”
Context: Ag
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · goldView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 3.64
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Gold content in the copper concentrate provides additional payable metal, enhancing project economics.
Positive factors
- Gold is expected to be payable, adding value to the copper concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“3.64”
Context: Au
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · palladiumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 37.7
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: High palladium content in the copper concentrate is a significant positive, enhancing the overall value proposition of the project.
Positive factors
- Payable palladium content adds significant value to the copper concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“37.7”
Context: Pd
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · platinumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1.8
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Platinum content in the copper concentrate provides additional payable metal, enhancing project economics.
Positive factors
- Payable platinum content adds value to the copper concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“1.80”
Context: Pt
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · arsenicView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- arsenic
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 18
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low arsenic content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Arsenic levels are very low (18 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“18”
Context: As
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · aluminium oxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- aluminium oxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1.44
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Aluminium oxide is a common gangue component, and its low level in the copper concentrate contributes to a clean concentrate profile.
Positive factors
- Aluminium oxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“1.44”
Context: Al 2 O 3
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · antimonyView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- antimony
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 22
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low antimony content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Antimony levels are very low (22 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“22”
Context: Sb
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · bismuthView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- bismuth
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 41
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low bismuth content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Bismuth levels are very low (41 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“41”
Context: Bi
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · cadmiumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- cadmium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 50.3
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low cadmium content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Cadmium levels are very low (50.3 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“50.3”
Context: Cd
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · chlorineView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- chlorine
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.01
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low chlorine content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Chlorine levels are very low (0.01%) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.01”
Context: Cl
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · carbonView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- carbon
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.63
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Carbon content in the copper concentrate is low, contributing to a clean concentrate profile.
Positive factors
- Carbon content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.63”
Context: C tot
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · fluorineView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- fluorine
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.01
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low fluorine content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Fluorine levels are very low (0.01%) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“< 0.01”
Context: F
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · iron_oreView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- iron_ore
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 29.95
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Iron content in the copper concentrate is within expected ranges for a clean concentrate.
Positive factors
- Iron content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“29.95”
Context: Fe
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · leadView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- lead
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 122
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low lead content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Lead levels are very low (122 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“122”
Context: Pb
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · phosphorusView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- phosphorus
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.003
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Low phosphorus content in the copper concentrate contributes to a clean concentrate profile.
Positive factors
- Phosphorus content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.003”
Context: P
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · magnesium oxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- magnesium oxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.74
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Low magnesium oxide content in the copper concentrate contributes to a clean concentrate profile.
Positive factors
- Magnesium oxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.74”
Context: MgO
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · mercuryView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- mercury
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 47
- Conc. Grade Unit
- ppb
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low mercury content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Mercury levels are very low (47 ppb) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“47”
Context: Hg
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · molybdenumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- molybdenum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low molybdenum content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Molybdenum levels are very low (1 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“<1”
Context: Mo
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · seleniumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- selenium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 36
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low selenium content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Selenium levels are very low (36 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“36”
Context: Se
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · silicon dioxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- silicon dioxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 3.65
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Silicon dioxide is a common gangue component, and its low level in the copper concentrate contributes to a clean concentrate profile.
Positive factors
- Silicon dioxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“3.65”
Context: SiO 2
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · sulfurView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- sulfur
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 31.99
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Sulfur content in the copper concentrate is within expected ranges for a clean concentrate.
Positive factors
- Sulfur content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“31.99”
Context: S tot
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · telluriumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- tellurium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 77
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low tellurium content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Tellurium levels are very low (77 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“77”
Context: Te
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · zincView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- zinc
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 2105
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low zinc content in the copper concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Zinc levels are very low (2105 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“2105”
Context: Zn
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · nickelView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 10.8
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: The nickel concentrate achieved a high grade of 10.8% and meets commercial smelter specifications with low deleterious elements, which is a strong positive for project economics and marketability.
Positive factors
- High nickel concentrate grade of 10.8%
- Concentrate quality confirmed to meet commercial smelter specifications
- Low levels of deleterious elements reported
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“10.8”
Context: Ni
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · copperView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1.72
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Copper content in the nickel concentrate is a minor component, but its presence is noted within the context of overall concentrate quality.
Positive factors
- Copper content in nickel concentrate is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“1.72”
Context: Cu
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · cobaltView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.62
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Significant cobalt content in the nickel concentrate provides a valuable byproduct credit, enhancing project economics.
Positive factors
- Cobalt is expected to be payable, adding significant value to the nickel concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.620”
Context: Co
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · silverView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- silver
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 18.9
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Silver content in the nickel concentrate provides additional payable metal, enhancing project economics.
Positive factors
- Silver is expected to be payable, adding value to the nickel concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“18.9”
Context: Ag
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · goldView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- gold
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.99
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Gold content in the nickel concentrate provides additional payable metal, enhancing project economics.
Positive factors
- Gold is expected to be payable, adding value to the nickel concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.99”
Context: Au
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · palladiumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- palladium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 6.95
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Significant palladium content in the nickel concentrate is a strong positive, enhancing the overall value proposition of the project.
Positive factors
- Payable palladium content adds significant value to the nickel concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“6.95”
Context: Pd
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · platinumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- platinum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 3.27
- Conc. Grade Unit
- g/t
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Significant platinum content in the nickel concentrate is a strong positive, enhancing the overall value proposition of the project.
Positive factors
- Payable platinum content adds significant value to the nickel concentrate
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“3.27”
Context: Pt
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · arsenicView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- arsenic
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 51
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low arsenic content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Arsenic levels are very low (51 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“51”
Context: As
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · aluminium oxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- aluminium oxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 2.67
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Aluminium oxide is a common gangue component, and its low level in the nickel concentrate contributes to a clean concentrate profile.
Positive factors
- Aluminium oxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“2.67”
Context: Al 2 O 3
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · antimonyView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- antimony
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 59
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low antimony content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Antimony levels are very low (59 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“59”
Context: Sb
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · bismuthView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- bismuth
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 27
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low bismuth content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Bismuth levels are very low (27 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“27”
Context: Bi
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · cadmiumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- cadmium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 15.6
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low cadmium content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Cadmium levels are very low (15.6 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“15.6”
Context: Cd
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · chlorineView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- chlorine
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.02
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low chlorine content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Chlorine levels are very low (0.02%) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.02”
Context: Cl
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · carbonView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- carbon
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.21
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Carbon content in the nickel concentrate is low, contributing to a clean concentrate profile.
Positive factors
- Carbon content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0.21”
Context: C tot
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · fluorineView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- fluorine
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.01
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low fluorine content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Fluorine levels are very low (0.01%) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“< 0.01”
Context: F
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · iron_oreView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- iron_ore
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 42.37
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Iron content in the nickel concentrate is within expected ranges for a clean concentrate.
Positive factors
- Iron content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“42.37”
Context: Fe
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · leadView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- lead
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 78
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low lead content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Lead levels are very low (78 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“78”
Context: Pb
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · phosphorusView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- phosphorus
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 0.002
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Low phosphorus content in the nickel concentrate contributes to a clean concentrate profile.
Positive factors
- Phosphorus content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“0,002”
Context: P
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · magnesium oxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- magnesium oxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1.59
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Low magnesium oxide content in the nickel concentrate contributes to a clean concentrate profile.
Positive factors
- Magnesium oxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“1.59”
Context: MgO
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · mercuryView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- mercury
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 137
- Conc. Grade Unit
- ppb
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low mercury content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Mercury levels are very low (137 ppb) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“137”
Context: Hg
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · molybdenumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- molybdenum
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 1
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low molybdenum content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Molybdenum levels are very low (1 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“<1”
Context: Mo
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · seleniumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- selenium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 10
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low selenium content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Selenium levels are very low (10 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“<10”
Context: Se
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · silicon dioxideView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- silicon dioxide
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 6.51
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Silicon dioxide is a common gangue component, and its low level in the nickel concentrate contributes to a clean concentrate profile.
Positive factors
- Silicon dioxide content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“6.51”
Context: SiO 2
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · sulfurView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- sulfur
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 32.17
- Conc. Grade Unit
- %
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Sulfur content in the nickel concentrate is within expected ranges for a clean concentrate.
Positive factors
- Sulfur content is within acceptable limits for commercial smelter specifications
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“32.17”
Context: S tot
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · telluriumView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- tellurium
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 39
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low tellurium content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Tellurium levels are very low (39 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“39”
Context: Te
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleSelkirk Mine · zincView all detailsHide details
Identity
- Project
- Selkirk Mine
- Commodity
- zinc
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- conventional sequential flotation flowsheet
- Sample
- master composite representative of grades anticipated in the early years of a conceptual mine plan
Recovery
- Recovery Basis
- actual_test
- Conc. Grade
- 881
- Conc. Grade Unit
- ppm
Lab
- Laboratory
- Activation Laboratories Ltd. and Blue Coast Research
- Consultant
- Blue Coast Research and Renee Goold, P. Eng. of Fuse Advisors
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Very low zinc content in the nickel concentrate is a significant positive, indicating a clean concentrate profile and reduced penalty risk.
Positive factors
- Zinc levels are very low (881 ppm) and below industry-standard penalty thresholds
- Concentrate quality confirmed to meet commercial smelter specifications
Negative factors
- Testwork conducted on a single master composite, limiting variability assessment
Evidence · table
“881”
Context: Zn
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
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.