NexMetals Intersects 11.15 Metres of Massive Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-212-W1, 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
Document categories
Drill results
Extracted
2026-09-12 14:46:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals reports visual drill results from the Selebi Main deposit in Botswana, highlighting a 11.15 metre interval of massive sulphides in hole SMD-26-212-W1. The results suggest expansion of the Flexure Zone, with assays currently pending.

Reasoning: The release reports significant visual intercepts of massive sulphides that expand a known zone, though actual assay grades are not yet available to confirm economic value.

Positive factors

  • massive sulphide mineralization
  • expansion of Flexure Zone
  • wide drill spacing continuity

Negative factors

  • assays pending
  • visual results only

Facts used in scoring: 4

Classification and evidence

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: While the release mentions QA/QC protocols, the actual assay results for these specific holes are pending, meaning the quality of the upcoming data cannot yet be verified.

Evidence · text

“Assays are pending and will be reported once received and validated.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: SMD-26-210 is described as a 225-metre northward step-out from SMD-25-205.

Evidence · text

“This hole is a 225-metre northward step-out from SMD-25-205”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

SMD-26-210Selebi Main · copperIntercept: 4.85 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Intercept
4.85 m
True Width
4.8 m
From
1681.5 m
To
1686.35 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.5-1686.35
Mining Method
unknown

Location

Location
Main Zone
Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-01T00:00:00.000Z

Reasoning: Visual intercept of mineralization; grades not yet confirmed by assay.

Negative factors

  • assays pending

Evidence · table

“Ap”

Context: 4.85

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.8

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-26-212-W1Selebi Main · copperIntercept: 11.15 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Intercept
11.15 m
True Width
11.15 m
From
1520.1 m
To
1531.25 m
Hole Depth
1636.2 m
Intercept Depth
1520.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1520.1-1531.25
Mining Method
unknown

Location

Location
Main Zone
Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-01T00:00:00.000Z

Reasoning: Significant visual intercept of massive sulphides expanding the Flexure Zone.

Positive factors

  • massive sulphides
  • true width matches downhole width

Negative factors

  • assays pending

Evidence · table

“Ap”

Context: 11.15

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 11.15

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-26-213Selebi Main · copperIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Intercept
1.75 m
True Width
1.65 m
From
1888.85 m
To
1890.6 m
Hole Depth
1989.3 m
Intercept Depth
1888.85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-213:1888.85-1890.6
Mining Method
unknown

Location

Location
Main Zone
Easting
582520
Northing
7563780
Elevation
907 m
Azimuth
110.7 °
Dip
-76.4 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-01T00:00:00.000Z

Reasoning: Small visual intercept of massive sulphides.

Positive factors

  • massive sulphides

Negative factors

  • assays pending

Evidence · table

“Ap”

Context: 1.75

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.65

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-26-213Selebi Main · copperIntercept: 20.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
copper
Region
botswana
Reported Region
botswana
Ticker
NEXM

Geometry

Intercept
20.8 m
True Width
19.85 m
From
1919.1 m
To
1939.9 m
Hole Depth
1989.3 m
Intercept Depth
1919.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-213:1919.1-1939.9
Mining Method
unknown

Location

Location
Lower Zone
Easting
582520
Northing
7563780
Elevation
907 m
Azimuth
110.7 °
Dip
-76.4 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-01T00:00:00.000Z

Reasoning: Wide interval of mineralization in the Lower Zone.

Positive factors

  • wide interval

Negative factors

  • assays pending

Evidence · table

“Ap”

Context: 20.80

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 19.85

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.