NexMetals Intersects 10.50 Metres of Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-209, Expanding the Flexure Zone

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Platinum
Document categories
Drill results, Other
Extracted
2026-09-12 15:00:05 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals reported visual sulphide mineralization in drill hole SMD-26-209 at the Selebi Main deposit in Botswana. The 10.50 metre interval includes massive sulphides and suggests expansion of the Flexure Zone, with assays currently pending.

Reasoning: Visual intercept of 10.5m massive sulphides demonstrates expansion of the Flexure Zone beyond the 2024 MRE, though actual grades are pending assay validation.

Positive factors

  • Step-Out Extension
  • Strong Visual Intercept

Negative factors

  • No QA/QC Disclosure
  • Assays Pending

Facts used in scoring: 2

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling in the Flexure Zone is expanding the mineralized footprint beyond the 2024 MRE.

Evidence · text

“demonstrating expansion potential within the Flexure Zone, extending down-dip and down-plunge from Selebi Main.”

QA/QC Disclosedpositive

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

Why it applies: Release mentions use of blanks, certified standards, and ALS Geochemistry.

Evidence · text

“Commercially prepared Blank samples and certified Cu/Ni sulphide analytical control standards are inserted in every batch”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

SMD-26-209Selebi Main · copperIntercept: 10.5 mView all details
Link to this fact

Identity

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

Geometry

Intercept
10.5 m
From
1768.65 m
To
1779.15 m
Hole Depth
1861.9 m
Intercept Depth
1768.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-26-209:1768.65-1779.15

Location

Location
Flexure Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-26T00:00:00.000Z

Reasoning: Visual intercept of 10.5m sulphides indicates expansion of the mineralized system, but grades are not yet confirmed by assays.

Positive factors

  • Step-Out Extension

Negative factors

  • Assays Pending

Evidence · text

“SMD-26-209 intersected a 10.50 metre interval of blebby, stringer and massive sulphides”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

SMD-26-209Selebi Main · nickelIntercept: 10.5 mView all details
Link to this fact

Identity

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

Geometry

Intercept
10.5 m
From
1768.65 m
To
1779.15 m
Hole Depth
1861.9 m
Intercept Depth
1768.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-26-209:1768.65-1779.15

Location

Location
Flexure Zone
Easting
582465.3
Northing
7563469.4
Elevation
908 m
Azimuth
100.2 °
Dip
-74.5 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-26T00:00:00.000Z

Reasoning: Visual intercept of 10.5m sulphides indicates expansion of the mineralized system, but grades are not yet confirmed by assays.

Positive factors

  • Step-Out Extension

Negative factors

  • Assays Pending

Evidence · text

“SMD-26-209 intersected a 10.50 metre interval of blebby, stringer and massive sulphides”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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.