NexMetals Reports 7.55 Metres of 6.48% CuEq (2.70% Cu, 1.83% Ni) in SMD-26-219, Visual Intercept SMD-26-217 Intersects Three Mineralized Zones and Extends High-Grade Trend to Approximately 1.5 Kilometres
Original announcement by orestocks on
- Company
- NexMetals Mining Corp.
- Ticker
- NEXM.V
- Exchange
- Unavailable
- Region
- Botswana
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-23 12:19:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NexMetals Mining Corp. reports high-grade copper-nickel drill results from its Selebi Main deposit in Botswana, with hole SMD-26-219 returning 7.55 metres grading 6.48% CuEq. Drill hole SMD-26-217 extended the high-grade trend by 100 metres and intersected three mineralized zones, including a newly discovered 'Third Zone,' though assays for this hole are pending. The company is advancing its 2026 Mineral Resource Estimate, with these results supporting significant resource growth potential.
Reasoning: The announcement reports high-grade copper-nickel drill results that extend known mineralization and identify new zones, indicating significant growth potential for the project. The pending assays for a key hole introduce some uncertainty, but the overall tone and results are very positive for exploration success.
Positive factors
- High-grade copper-nickel intercepts in SMD-26-219, particularly 7.55m at 6.48% CuEq, demonstrate strong mineralization.
- Drilling extends the high-grade trend by 100m to 1.5km, indicating significant strike potential.
- Discovery of a 'Third Zone' in SMD-26-217 suggests increased geological complexity and new target opportunities.
- Widely spaced step-out drilling is building potential tonnage for future resource updates.
- Borehole electromagnetic surveying (BHEM) indicates continued mineralization beyond current drilling.
Negative factors
- Assays for SMD-26-217 are pending, meaning the significance of the visual intercepts is not yet confirmed.
- Cobalt is not included in the MRE due to inconsistent analyses, potentially understating polymetallic value.
- True widths are estimated, and some cannot be estimated due to insufficient drill density, which can affect confidence in geometry.
Facts used in scoring: 61
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 7.55 metres grading 6.48% CuEq (2.70% Cu, 1.83% Ni) in SMD-26-219 is exceptionally high-grade for copper-nickel, well above typical thresholds for porphyry or VMS deposits, and is considered bonanza grade.
Evidence · text
“SMD-26-219 returned 7.55 metres grading 6.48% CuEq (2.70% Cu and 1.83% Ni)”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The document provides estimated true thicknesses for the reported intercepts, such as 7.45m for the 7.55m intercept.
Evidence · table
“7.45”
Context: 7.55
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes details on sample preparation, lab analysis (ALS Geochemistry), insertion of blank and standard samples, and QP verification.
Evidence · text
“Commercially prepared Blank samples and certified Cu/Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples or a minimum of one set per sample batch. Analyses for Ni, Cu and Co are completed using a peroxide fusion preparation and ICP-AES finish (ME-ICP81). Analyses for Pt, Pd, and Au are by fire assay (30 grams nominal sample weight) with an ICP-AES finish (PGM-ICP23).”
QP/CP Signedpositive
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: Sharon Taylor, V.P. Exploration of the Company, MSc, P.Geo, is named as a 'qualified person' for the purposes of NI 43-101 and Subpart 1300 of Regulation S-K and has reviewed and approved the technical information.
Evidence · text
“All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, V.P. Exploration of the Company, MSc, P.Geo, and a "qualified person" for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.
Why it applies: The CuEq formula is provided, but the specific long-term prices and recoveries are given as assumptions without further detail on their derivation or source.
Evidence · table
“CuEq was calculated using the formula CuEq=Cu+2.06*Ni assuming long-term prices of US$10.50/lb Ni and US$4.75/lb Cu, and nickel and copper recoveries of 72.0% and 92.4%, respectively, derived from metallurgical studies which consider a conceptual bulk concentrate scenario.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drill hole SMD-26-217 extended the interpreted High-Grade Trend by approximately 100 metres toward Selebi North.
Evidence · text
“SMD-26-217 extended the interpreted High-Grade Trend by approximately 100 metres to approximately 1.5 kilometres.”
Assays Pendingnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Drill hole SMD-26-217 intersected three mineralized zones, but assays are pending for these intervals.
Evidence · table
“Ap4”
Context: 1920.30
Extracted facts
Stored fact records: 61. Some facts used in scoring do not have a stored record.
Drill Results (58)
SMD-26-219Selebi Main · copperGrade: 0.47Grade Unit: %Intercept: 19.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.47
- Grade Unit
- %
- Intercept
- 19.5 m
- True Width
- 18.8 m
- From
- 1858.5 m
- To
- 1878 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1858.5 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1858.5-1878
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 1.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept shows good copper mineralization over a substantial width, contributing to the overall resource potential and extending the known trend.
Positive factors
- Good copper grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“0.47”
Context: 19.50
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 18.8
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-26-219Selebi Main · nickelGrade: 0.49Grade Unit: %Intercept: 19.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 19.5 m
- True Width
- 18.8 m
- From
- 1858.5 m
- To
- 1878 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1858.5 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1858.5-1878
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 1.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept shows good nickel mineralization over a substantial width, contributing to the overall resource potential and extending the known trend.
Positive factors
- Good nickel grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“0.49”
Context: 19.50
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 18.8
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-26-219Selebi Main · cobaltGrade: 0.02Grade Unit: %Intercept: 19.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.02
- Grade Unit
- %
- Intercept
- 19.5 m
- True Width
- 18.8 m
- From
- 1858.5 m
- To
- 1878 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1858.5 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1858.5-1878
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 1.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: While cobalt is present, its low grade and inconsistent analysis for MRE purposes reduce its immediate materiality, though it contributes to the polymetallic nature of the deposit.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.02”
Context: 19.50
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 18.8
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-26-219Selebi Main · copperGrade: 0.67Grade Unit: %Intercept: 6.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.67
- Grade Unit
- %
- Intercept
- 6.8 m
- True Width
- 6.55 m
- From
- 1861.2 m
- To
- 1868 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1861.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1861.2-1868
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 2.51
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows improved copper grades, enhancing the overall prospectivity of the Main Zone.
Positive factors
- Higher copper grade within a significant interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“0.67”
Context: 6.80
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 6.55
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-26-219Selebi Main · nickelGrade: 0.89Grade Unit: %Intercept: 6.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.89
- Grade Unit
- %
- Intercept
- 6.8 m
- True Width
- 6.55 m
- From
- 1861.2 m
- To
- 1868 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1861.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1861.2-1868
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 2.51
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows improved nickel grades, enhancing the overall prospectivity of the Main Zone.
Positive factors
- Higher nickel grade within a significant interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“0.89”
Context: 6.80
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 6.55
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-26-219Selebi Main · cobaltGrade: 0.04Grade Unit: %Intercept: 6.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 6.8 m
- True Width
- 6.55 m
- From
- 1861.2 m
- To
- 1868 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1861.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1861.2-1868
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 2.51
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: While cobalt is present, its low grade and inconsistent analysis for MRE purposes reduce its immediate materiality, though it contributes to the polymetallic nature of the deposit.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.04”
Context: 6.80
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 6.55
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-26-219Selebi Main · copperGrade: 1.53Grade Unit: %Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.53
- Grade Unit
- %
- Intercept
- 1.6 m
- True Width
- 1.55 m
- From
- 1681.2 m
- To
- 1862.8 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1681.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1681.2-1862.8
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This narrow interval shows very high copper grades, contributing significantly to the overall metal content within the Main Zone.
Positive factors
- High copper grade within a narrow but significant interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“1.53”
Context: 1.60
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 1.55
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-26-219Selebi Main · nickelGrade: 2.51Grade Unit: %Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.51
- Grade Unit
- %
- Intercept
- 1.6 m
- True Width
- 1.55 m
- From
- 1681.2 m
- To
- 1862.8 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1681.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1681.2-1862.8
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This narrow interval shows very high nickel grades, contributing significantly to the overall metal content within the Main Zone.
Positive factors
- High nickel grade within a narrow but significant interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.51”
Context: 1.60
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 1.55
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-26-219Selebi Main · cobaltGrade: 0.11Grade Unit: %Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.11
- Grade Unit
- %
- Intercept
- 1.6 m
- True Width
- 1.55 m
- From
- 1681.2 m
- To
- 1862.8 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1681.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1681.2-1862.8
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This narrow interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues.
Positive factors
- Higher cobalt grade within a narrow interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.11”
Context: 1.60
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 1.55
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-26-219Selebi Main · copperGrade: 0.06Grade Unit: %Intercept: 0.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.06
- Grade Unit
- %
- Intercept
- 0.55 m
- True Width
- 0.53 m
- From
- 1864.2 m
- To
- 1864.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1864.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1864.2-1864.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 5.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This very narrow interval shows a high CuEq grade primarily due to nickel, indicating localized high-grade mineralization, but its limited width reduces overall materiality.
Positive factors
- High CuEq grade despite low copper, driven by nickel.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Very narrow interval.
- Low copper grade.
Evidence · table
“0.06”
Context: 0.55
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 0.53
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-26-219Selebi Main · nickelGrade: 2.57Grade Unit: %Intercept: 0.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.57
- Grade Unit
- %
- Intercept
- 0.55 m
- True Width
- 0.53 m
- From
- 1864.2 m
- To
- 1864.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1864.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1864.2-1864.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 5.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This very narrow interval shows exceptionally high nickel grades, indicating a localized high-grade zone, which is positive despite the limited width.
Positive factors
- Very high nickel grade within a narrow interval.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Very narrow interval.
Evidence · table
“2.57”
Context: 0.55
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 0.53
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-26-219Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 0.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 0.55 m
- True Width
- 0.53 m
- From
- 1864.2 m
- To
- 1864.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1864.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1864.2-1864.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 5.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This very narrow interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues and limited width.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Very narrow interval.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.10”
Context: 0.55
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 0.53
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-26-219Selebi Main · copperGrade: 1.69Grade Unit: %Intercept: 13.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.69
- Grade Unit
- %
- Intercept
- 13.5 m
- True Width
- 13.3 m
- From
- 1903.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1903.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1903.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 4.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept shows strong copper mineralization over a substantial width in the Lower Zone, indicating good continuity and potential.
Positive factors
- Strong copper grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“1.69”
Context: 13.50
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 13.3
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-26-219Selebi Main · nickelGrade: 1.22Grade Unit: %Intercept: 13.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.22
- Grade Unit
- %
- Intercept
- 13.5 m
- True Width
- 13.3 m
- From
- 1903.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1903.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1903.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 4.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept shows strong nickel mineralization over a substantial width in the Lower Zone, indicating good continuity and potential.
Positive factors
- Strong nickel grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“1.22”
Context: 13.50
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 13.3
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-26-219Selebi Main · cobaltGrade: 0.05Grade Unit: %Intercept: 13.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 13.5 m
- True Width
- 13.3 m
- From
- 1903.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1903.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1903.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 4.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: While cobalt is present, its low grade and inconsistent analysis for MRE purposes reduce its immediate materiality, though it contributes to the polymetallic nature of the deposit.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.05”
Context: 13.50
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 13.3
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-26-219Selebi Main · copperGrade: 2.7Grade Unit: %Intercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.7
- Grade Unit
- %
- Intercept
- 7.55 m
- True Width
- 7.45 m
- From
- 1909.2 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1909.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1909.2-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept represents a bonanza-grade copper interval over a significant width, indicating very high-quality mineralization and strong potential for resource growth.
Positive factors
- Exceptional copper grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.70”
Context: 7.55
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 7.45
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-26-219Selebi Main · nickelGrade: 1.83Grade Unit: %Intercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.83
- Grade Unit
- %
- Intercept
- 7.55 m
- True Width
- 7.45 m
- From
- 1909.2 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1909.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1909.2-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This intercept represents a bonanza-grade nickel interval over a significant width, indicating very high-quality mineralization and strong potential for resource growth.
Positive factors
- Exceptional nickel grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“1.83”
Context: 7.55
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 7.45
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-26-219Selebi Main · cobaltGrade: 0.09Grade Unit: %Intercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.09
- Grade Unit
- %
- Intercept
- 7.55 m
- True Width
- 7.45 m
- From
- 1909.2 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1909.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1909.2-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.09”
Context: 7.55
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 7.45
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-26-219Selebi Main · copperGrade: 2.01Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.01
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.5 m
- From
- 1910.15 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.17
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows high copper grades over a good width, reinforcing the strong mineralization in the Lower Zone.
Positive factors
- High copper grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.01”
Context: 6.60
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 6.5
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-26-219Selebi Main · nickelGrade: 2.02Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.02
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.5 m
- From
- 1910.15 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.17
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows high nickel grades over a good width, reinforcing the strong mineralization in the Lower Zone.
Positive factors
- High nickel grade over a significant width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.02”
Context: 6.60
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 6.5
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-26-219Selebi Main · cobaltGrade: 0.09Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.09
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.5 m
- From
- 1910.15 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.17
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.09”
Context: 6.60
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 6.5
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-26-219Selebi Main · copperGrade: 1.81Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.81
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.55 m
- From
- 1910.15 m
- To
- 1912.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1912.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.14
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows high copper grades over a good width, reinforcing the strong mineralization in the Lower Zone.
Positive factors
- High copper grade over a good width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“1.81”
Context: 2.60
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 2.55
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-26-219Selebi Main · nickelGrade: 2.1Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.1
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.55 m
- From
- 1910.15 m
- To
- 1912.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1912.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.14
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This sub-interval shows high nickel grades over a good width, reinforcing the strong mineralization in the Lower Zone.
Positive factors
- High nickel grade over a good width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.10”
Context: 2.60
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 2.55
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-26-219Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.55 m
- From
- 1910.15 m
- To
- 1912.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1910.15-1912.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 6.14
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.10”
Context: 2.60
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 2.55
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-26-219Selebi Main · copperGrade: 2.43Grade Unit: %Intercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.43
- Grade Unit
- %
- Intercept
- 3.5 m
- True Width
- 3.45 m
- From
- 1913.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1913.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1913.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 7.02
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows exceptional copper grades over a good width, indicating very high-quality mineralization within the Lower Zone.
Positive factors
- Exceptional copper grade over a good width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.43”
Context: 3.50
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 3.45
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-26-219Selebi Main · nickelGrade: 2.23Grade Unit: %Intercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.23
- Grade Unit
- %
- Intercept
- 3.5 m
- True Width
- 3.45 m
- From
- 1913.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1913.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1913.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 7.02
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows exceptional nickel grades over a good width, indicating very high-quality mineralization within the Lower Zone.
Positive factors
- Exceptional nickel grade over a good width.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Evidence · table
“2.23”
Context: 3.50
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 3.45
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-26-219Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- SMD-26-219
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 3.5 m
- True Width
- 3.45 m
- From
- 1913.25 m
- To
- 1916.75 m
- Hole Depth
- 1956.8 m
- Intercept Depth
- 1913.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-219:1913.25-1916.75
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582670
- Northing
- 7564013.4
- Elevation
- 916.2 m
- Azimuth
- 111 °
- Dip
- -75.1 °
- 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
- 7.02
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This interval shows a notable cobalt grade, adding to the polymetallic nature, though its overall impact is limited by MRE inclusion issues.
Positive factors
- Cobalt presence adds to polymetallic nature.
- True width is estimated and disclosed.
- Part of a step-out program extending mineralization.
Negative factors
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“0.10”
Context: 3.50
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 3.45
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 20.85 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 20.85 m
- True Width
- 20.55 m
- From
- 1920.3 m
- To
- 1941.15 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1920.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1920.3-1941.15
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 20.55
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 20.85 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 20.85 m
- True Width
- 20.55 m
- From
- 1920.3 m
- To
- 1941.15 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1920.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1920.3-1941.15
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 20.55
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-26-217Selebi Main · cobaltIntercept: 20.85 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 20.85 m
- True Width
- 20.55 m
- From
- 1920.3 m
- To
- 1941.15 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1920.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1920.3-1941.15
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 20.85
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 20.55
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 0.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 0.8 m
- True Width
- 0.79 m
- From
- 1931.85 m
- To
- 1932.65 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1931.85 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1931.85-1932.65
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
Evidence · table
“Ap4”
Context: including
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 0.79
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 0.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 0.8 m
- True Width
- 0.79 m
- From
- 1931.85 m
- To
- 1932.65 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1931.85 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1931.85-1932.65
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
Evidence · table
“Ap4”
Context: including
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 0.79
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-26-217Selebi Main · cobaltIntercept: 0.8 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 0.8 m
- True Width
- 0.79 m
- From
- 1931.85 m
- To
- 1932.65 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1931.85 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1931.85-1932.65
- Mining Method
- underground
Location
- Location
- Main Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 0.80
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 0.79
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1974.75 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.75 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.75-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 6.4
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1974.75 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.75 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.75-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 6.4
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-26-217Selebi Main · cobaltIntercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1974.75 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.75 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.75-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with significant width, extending the known trend, but the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- Significant intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 6.60
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 6.4
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 4.25 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 4.25 m
- True Width
- 4.17 m
- From
- 1974.25 m
- To
- 1979 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.25-1979
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with good width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Good intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: including
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 4.17
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 4.25 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 4.25 m
- True Width
- 4.17 m
- From
- 1974.25 m
- To
- 1979 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.25-1979
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with good width, extending the known trend, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Good intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: including
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 4.17
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-26-217Selebi Main · cobaltIntercept: 4.25 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 4.25 m
- True Width
- 4.17 m
- From
- 1974.25 m
- To
- 1979 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1974.25 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1974.25-1979
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with good width, and the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- Good intercept length.
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 4.25
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 4.17
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 1 m
- True Width
- 0.98 m
- From
- 1980.35 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1980.35 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1980.35-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
Evidence · table
“Ap4”
Context: and
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 0.98
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 1 m
- True Width
- 0.98 m
- From
- 1980.35 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1980.35 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1980.35-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
Evidence · table
“Ap4”
Context: and
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 0.98
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-26-217Selebi Main · cobaltIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 1 m
- True Width
- 0.98 m
- From
- 1980.35 m
- To
- 1981.35 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1980.35 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1980.35-1981.35
- Mining Method
- underground
Location
- Location
- Lower Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This is a visually identified mineralized zone with limited width, and the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- True width is estimated and disclosed.
- Extends the high-grade trend.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Very narrow interval.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 1.00
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 0.98
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1994.3 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1994.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1994.3-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Significant intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 6.4
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1994.3 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1994.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1994.3-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Significant intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: SMD-26-217
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 6.4
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-26-217Selebi Main · cobaltIntercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 6.6 m
- True Width
- 6.4 m
- From
- 1994.3 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1994.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1994.3-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Significant intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 6.60
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 6.4
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-26-217Selebi Main · copperGrade: 4Grade Unit: %Intercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 4.3 m
- True Width
- 4.17 m
- From
- 1996.6 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1996.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1996.6-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Good intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: including
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 4.17
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-26-217Selebi Main · nickelGrade: 4Grade Unit: %Intercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 4
- Grade Unit
- %
- Intercept
- 4.3 m
- True Width
- 4.17 m
- From
- 1996.6 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1996.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1996.6-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results means its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Good intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
Evidence · table
“Ap4”
Context: including
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 4.17
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-26-217Selebi Main · cobaltIntercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- SMD-26-217
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Intercept
- 4.3 m
- True Width
- 4.17 m
- From
- 1996.6 m
- To
- 2000.9 m
- Hole Depth
- 2050.9 m
- Intercept Depth
- 1996.6 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-26-217:1996.6-2000.9
- Mining Method
- underground
Location
- Location
- Third Zone
- Easting
- 582547.6
- Northing
- 7564008.4
- Elevation
- 919.3 m
- Azimuth
- 93 °
- Dip
- -74 °
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: The discovery of a new mineralized zone is highly novel and positive, but the lack of assay results and MRE inclusion issues for cobalt mean its economic significance is currently unconfirmed.
Positive factors
- Discovery of a new mineralized zone ('Third Zone').
- Good intercept length.
- True width is estimated and disclosed.
Negative factors
- Assays are pending, so the grade is unknown.
- Visual intercept only, not confirmed by assays.
- Cobalt is not consistently analyzed or included in MRE, limiting its current economic impact.
Evidence · table
“Ap4”
Context: 4.30
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 4.17
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
*includingSelebi Main · copperGrade: 1.53Grade Unit: %Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.53
- Grade Unit
- %
- Intercept
- 1.6 m
- From
- 1681.2 m
- To
- 1862.8 m
- Intercept Depth
- 1681.2 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1681.2-1862.8
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 1.53 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 2.4 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 1.53 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.53”
Context: *including
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
*includingSelebi Main · nickelGrade: 2.51Grade Unit: %Intercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.51
- Grade Unit
- %
- Intercept
- 1.6 m
- From
- 1681.2 m
- To
- 1862.8 m
- Intercept Depth
- 1681.2 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1681.2-1862.8
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.51 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.51 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.51”
Context: *including
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
*andSelebi Main · copperGrade: 0.06Grade Unit: %Intercept: 0.55 mView all detailsHide details
Identity
- Hole ID
- *and
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 0.06
- Grade Unit
- %
- Intercept
- 0.55 m
- From
- 1864.2 m
- To
- 1864.75 m
- Intercept Depth
- 1864.2 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *and:1864.2-1864.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 0.06 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.0 %·m is below.
Negative factors
- 0.06 % copper is below the weak threshold (0.25 %) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.06”
Context: *and
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
*andSelebi Main · nickelGrade: 2.57Grade Unit: %Intercept: 0.55 mView all detailsHide details
Identity
- Hole ID
- *and
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.57
- Grade Unit
- %
- Intercept
- 0.55 m
- From
- 1864.2 m
- To
- 1864.75 m
- Intercept Depth
- 1864.2 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *and:1864.2-1864.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.57 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.57 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.57”
Context: *and
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
*includingSelebi Main · copperGrade: 2.01Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.01
- Grade Unit
- %
- Intercept
- 6.6 m
- From
- 1910.15 m
- To
- 1916.75 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1910.15-1916.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.01 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 13.3 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 2.01 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.01”
Context: *including
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
*includingSelebi Main · nickelGrade: 2.02Grade Unit: %Intercept: 6.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.02
- Grade Unit
- %
- Intercept
- 6.6 m
- From
- 1910.15 m
- To
- 1916.75 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1910.15-1916.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.02 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.02 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.02”
Context: *including
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
*includingSelebi Main · copperGrade: 1.81Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 1.81
- Grade Unit
- %
- Intercept
- 2.6 m
- From
- 1910.15 m
- To
- 1912.75 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1910.15-1912.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 1.81 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 4.7 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 1.81 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.81”
Context: *including
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
*includingSelebi Main · nickelGrade: 2.1Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- *including
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.1
- Grade Unit
- %
- Intercept
- 2.6 m
- From
- 1910.15 m
- To
- 1912.75 m
- Intercept Depth
- 1910.15 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *including:1910.15-1912.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.1 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.1 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.10”
Context: *including
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
*andSelebi Main · copperGrade: 2.43Grade Unit: %Intercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- *and
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.43
- Grade Unit
- %
- Intercept
- 3.5 m
- From
- 1913.25 m
- To
- 1916.75 m
- Intercept Depth
- 1913.25 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *and:1913.25-1916.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.43 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 8.5 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 2.43 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.43”
Context: *and
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
*andSelebi Main · nickelGrade: 2.23Grade Unit: %Intercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- *and
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- botswana
- Ticker
- NEXM.V
Geometry
- Grade
- 2.23
- Grade Unit
- %
- Intercept
- 3.5 m
- From
- 1913.25 m
- To
- 1916.75 m
- Intercept Depth
- 1913.25 m
Classification
- Deposit Type
- other
- Sample Type
- drill
- Group ID
- *and:1913.25-1916.75
- Mining Method
- underground
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: Expanded from assay table. 2.23 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.23 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.23”
Context: *and
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
Resource Estimates (3)
Fact 1Selebi Main · copperHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM.V
Resource scope
- Estimate type
- resource
- Effective date
- 2024-06-30T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sharon Taylor
- Resource group id
- resource:2d73cd448404cb70fcb6
Prior Estimate
- Resource Date
- 2024-06-30
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-09-20T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This fact refers to a historical resource estimate that is being updated, so its novelty is low, but it provides context for the current drilling program.
Positive factors
- Resource estimate is compliant with NI 43-101 and S-K 1300.
- QP signed off on the estimate.
Negative factors
- This is a historical estimate, superseded by ongoing work.
Evidence · text
“The 2024 MRE on the Selebi Mines is supported by the technical report entitled "Technical Report, Selebi Mines, Central District, Republic of Botswana" dated September 20, 2024 (with an effective date of June 30, 2024)”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
Fact 2Selebi Main · nickelHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM.V
Resource scope
- Estimate type
- resource
- Effective date
- 2024-06-30T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sharon Taylor
- Resource group id
- resource:2d73cd448404cb70fcb6
Prior Estimate
- Resource Date
- 2024-06-30
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-09-20T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This fact refers to a historical resource estimate that is being updated, so its novelty is low, but it provides context for the current drilling program.
Positive factors
- Resource estimate is compliant with NI 43-101 and S-K 1300.
- QP signed off on the estimate.
Negative factors
- This is a historical estimate, superseded by ongoing work.
Evidence · text
“The 2024 MRE on the Selebi Mines is supported by the technical report entitled "Technical Report, Selebi Mines, Central District, Republic of Botswana" dated September 20, 2024 (with an effective date of June 30, 2024)”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
Fact 3Selebi Main · cobaltHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM.V
Resource scope
- Estimate type
- resource
- Effective date
- 2024-06-30T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sharon Taylor
- Resource group id
- resource:2d73cd448404cb70fcb6
Prior Estimate
- Resource Date
- 2024-06-30
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-09-20T00:00:00.000Z
Dates
- Event date
- 2026-09-23T00:00:00.000Z
Reasoning: This fact refers to a historical resource estimate that is being updated, so its novelty is low, but it provides context for the current drilling program.
Positive factors
- Resource estimate is compliant with NI 43-101 and S-K 1300.
- QP signed off on the estimate.
Negative factors
- This is a historical estimate, superseded by ongoing work.
Evidence · text
“The 2024 MRE on the Selebi Mines is supported by the technical report entitled "Technical Report, Selebi Mines, Central District, Republic of Botswana" dated September 20, 2024 (with an effective date of June 30, 2024)”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.2 years before this release
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.