NexMetals Reports 11.05 Metres of 7.31% CuEq in SMD-25-205 Located 130 Metres Down-Dip from the Selebi Main Resource Within the Emerging Selebi Main 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, Other
- Extracted
- 2026-09-12 15:16:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NexMetals has reported high-grade drill results from its Selebi Main project in Botswana, highlighted by an 11.05m intercept of 7.31% CuEq in hole SMD-25-205. The drilling intersected a newly interpreted flexure zone located down-dip and beyond the current mineral resource estimate, demonstrating significant potential for resource expansion.
Reasoning: The drill results show high-grade copper-nickel mineralization in a new structural zone (flexure) significantly outside the existing resource boundaries, representing a major step-out success.
Positive factors
- High-grade CuEq intercept of 7.31% over 11.05m
- Step-out drilling 130m down-dip from existing resource
- Discovery of new flexure zone (Selebi Main Flexure Zone)
- Significant distance (685m) beyond current MRE
Negative factors
- True width for some intervals is estimated rather than measured
Facts used in scoring: 24
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling intersected mineralization 130m down-dip and 685m beyond the current MRE.
Evidence · text
“located 130 metres down-dip from the Selebi Main Resource”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details lab (ALS), standards, blanks, and QP sign-off.
Evidence · text
“Sample preparation and lab analysis was completed at ALS Geochemistry”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 5.75m at 8.73% CuEq intercept is exceptionally high grade.
Evidence · table
“8.73”
Context: 5.75
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Drill Results (24)
SMD-25-205Selebi Main · copperGrade: 3Grade Unit: %Intercept: 11.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 3
- Grade Unit
- %
- Intercept
- 11.05 m
- True Width
- 10.7 m
- From
- 1686.7 m
- To
- 1697.75 m
- Intercept Depth
- 1686.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1686.7-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.31
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Strong copper grade in a step-out location.
Positive factors
- High grade intercept
Evidence · table
“3.00”
Context: 11.05
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 10.7
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · nickelGrade: 2.09Grade Unit: %Intercept: 11.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.09
- Grade Unit
- %
- Intercept
- 11.05 m
- True Width
- 10.7 m
- From
- 1686.7 m
- To
- 1697.75 m
- Intercept Depth
- 1686.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1686.7-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.31
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Significant nickel component in the CuEq intercept.
Positive factors
- High nickel grade
Evidence · table
“2.09”
Context: 11.05
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 10.7
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · cobaltGrade: 0.09Grade Unit: %Intercept: 11.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.09
- Grade Unit
- %
- Intercept
- 11.05 m
- True Width
- 10.7 m
- From
- 1686.7 m
- To
- 1697.75 m
- Intercept Depth
- 1686.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1686.7-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.31
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Trace cobalt reported.
Evidence · table
“0.09”
Context: 11.05
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 10.7
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · copperGrade: 3.98Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 3.98
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1692-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Exceptional high-grade sub-interval within the main intercept.
Positive factors
- High grade sub-interval
Evidence · table
“3.98”
Context: 5.75
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · nickelGrade: 2.31Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.31
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1692-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Strong nickel grade in the high-grade sub-interval.
Positive factors
- High grade sub-interval
Evidence · table
“2.31”
Context: 5.75
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1692-1697.75
- Mining Method
- unknown
Location
- Location
- Main Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Trace cobalt reported in high-grade sub-interval.
Evidence · table
“0.10”
Context: 5.75
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · copperGrade: 3.16Grade Unit: %Intercept: 1.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 3.16
- Grade Unit
- %
- Intercept
- 1.05 m
- True Width
- 1 m
- From
- 1708.3 m
- To
- 1709.35 m
- Intercept Depth
- 1708.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1708.3-1709.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: High grade intercept in a separate zone (Lower Zone).
Positive factors
- High grade in Lower Zone
Evidence · table
“3.16”
Context: 1.05
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
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · nickelGrade: 2.27Grade Unit: %Intercept: 1.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.27
- Grade Unit
- %
- Intercept
- 1.05 m
- True Width
- 1 m
- From
- 1708.3 m
- To
- 1709.35 m
- Intercept Depth
- 1708.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1708.3-1709.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.84
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Significant nickel grade in the Lower Zone intercept.
Positive factors
- High grade in Lower Zone
Evidence · table
“2.27”
Context: 1.05
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
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-205Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 1.05 mView all detailsHide details
Identity
- Hole ID
- SMD-25-205
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 1.05 m
- True Width
- 1 m
- From
- 1708.3 m
- To
- 1709.35 m
- Intercept Depth
- 1708.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-205:1708.3-1709.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Easting
- 582693.6
- Northing
- 7563648.3
- Elevation
- 903.9 m
- Dip
- -77.7 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 7.84
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Trace cobalt reported in Lower Zone.
Evidence · table
“0.10”
Context: 1.05
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
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · copperGrade: 0.63Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.63
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1852.6 m
- To
- 1852.95 m
- Intercept Depth
- 1852.6 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1852.6-1852.95
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 4.34
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.63 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.2 %·m is below (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.63”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · nickelGrade: 1.8Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 1.8
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1852.6 m
- To
- 1852.95 m
- Intercept Depth
- 1852.6 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1852.6-1852.95
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 4.34
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 1.8 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 1.8 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.80”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1852.6 m
- To
- 1852.95 m
- Intercept Depth
- 1852.6 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1852.6-1852.95
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 4.34
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.1 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.10”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · copperGrade: 0.46Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.46
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1853.95 m
- To
- 1854.3 m
- Intercept Depth
- 1853.95 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1853.95-1854.3
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 5.67
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.46 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.2 %·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.46”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · nickelGrade: 2.53Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.53
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1853.95 m
- To
- 1854.3 m
- Intercept Depth
- 1853.95 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1853.95-1854.3
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 5.67
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 2.53 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.53 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.53”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · cobaltGrade: 0.13Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.13
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1853.95 m
- To
- 1854.3 m
- Intercept Depth
- 1853.95 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1853.95-1854.3
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 5.67
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.13 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.13”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · copperGrade: 4.29Grade Unit: %Intercept: 0.85 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 4.29
- Grade Unit
- %
- Intercept
- 0.85 m
- From
- 1855.65 m
- To
- 1856.5 m
- Intercept Depth
- 1855.65 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1855.65-1856.5
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 6.24
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 4.29 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 3.6 %·m is below (grade alone is exceptional; the better of the two is used).
Positive factors
- 4.29 % copper is exceptional on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“4.29”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · nickelGrade: 0.95Grade Unit: %Intercept: 0.85 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.95
- Grade Unit
- %
- Intercept
- 0.85 m
- From
- 1855.65 m
- To
- 1856.5 m
- Intercept Depth
- 1855.65 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1855.65-1856.5
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 6.24
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.95 % nickel is moderate against the default band [3, 1.5, 0.8, 0.3] %.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.95”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · cobaltGrade: 0.05Grade Unit: %Intercept: 0.85 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 0.85 m
- From
- 1855.65 m
- To
- 1856.5 m
- Intercept Depth
- 1855.65 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1855.65-1856.5
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 6.24
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.05 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- 0.05 % cobalt is below the weak threshold (0.08 %) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.05”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · copperGrade: 2.47Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.47
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1858 m
- To
- 1858.35 m
- Intercept Depth
- 1858 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1858-1858.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 2.76
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 2.47 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.9 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 2.47 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.47”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · nickelGrade: 0.14Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.14
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1858 m
- To
- 1858.35 m
- Intercept Depth
- 1858 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1858-1858.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 2.76
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.14 % nickel is below against the default band [3, 1.5, 0.8, 0.3] %.
Negative factors
- 0.14 % nickel is below the weak threshold (0.3 %) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.14”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
SMD-25-204Selebi Main · cobaltGrade: 0.01Grade Unit: %Intercept: 0.35 mView all detailsHide details
Identity
- Hole ID
- SMD-25-204
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.01
- Grade Unit
- %
- Intercept
- 0.35 m
- From
- 1858 m
- To
- 1858.35 m
- Intercept Depth
- 1858 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- SMD-25-204:1858-1858.35
- Mining Method
- unknown
Location
- Location
- Lower Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 2.76
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- 0.01 % cobalt is below the weak threshold (0.08 %) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.01”
Context: SMD-25-204
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
Incl.Selebi Main · copperGrade: 3.98Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- Incl.
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 3.98
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- Incl.:1692-1697.75
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 3.98 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 22.9 %·m is weak (grade alone is exceptional; the better of the two is used).
Positive factors
- 3.98 % copper is exceptional on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“3.98”
Context: Incl.
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
Incl.Selebi Main · nickelGrade: 2.31Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- Incl.
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.31
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- Incl.:1692-1697.75
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 2.31 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.31 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.31”
Context: Incl.
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
Incl.Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 5.75 mView all detailsHide details
Identity
- Hole ID
- Incl.
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 5.75 m
- True Width
- 5.6 m
- From
- 1692 m
- To
- 1697.75 m
- Intercept Depth
- 1692 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- Incl.:1692-1697.75
- Mining Method
- unknown
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Metal Eq. Grade
- 8.73
- Metal Eq. Unit
- % Cu-Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-26T00:00:00.000Z
Reasoning: Expanded from assay table. 0.1 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.10”
Context: Incl.
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 5.6
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Recent drilling has intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource"
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.