# 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 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1 Original source: https://orestocks.com/company/NEXM.V/press-releases/5360615127584133 Publisher: orestocks Original announcement: 2026-09-23T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas 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 factor: High-grade copper-nickel intercepts in SMD-26-219, particularly 7.55m at 6.48% CuEq, demonstrate strong mineralization. - Positive factor: Drilling extends the high-grade trend by 100m to 1.5km, indicating significant strike potential. - Positive factor: Discovery of a 'Third Zone' in SMD-26-217 suggests increased geological complexity and new target opportunities. - Positive factor: Widely spaced step-out drilling is building potential tonnage for future resource updates. - Positive factor: Borehole electromagnetic surveying \(BHEM\) indicates continued mineralization beyond current drilling. - Negative factor: Assays for SMD-26-217 are pending, meaning the significance of the visual intercepts is not yet confirmed. - Negative factor: Cobalt is not included in the MRE due to inconsistent analyses, potentially understating polymetallic value. - Negative factor: 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 Intercept** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Signed** Polarity: positive Definition: 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 Opaque** Polarity: negative Definition: 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 Extension** Polarity: positive Definition: 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 Pending** Polarity: negative Story-specific tag Definition: 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-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-3) Selebi Main · copper #### 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 factor: Good copper grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 0.47 Context: 19.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-4) Selebi Main · nickel #### 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 factor: Good nickel grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 0.49 Context: 19.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-5) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-6) Selebi Main · copper #### 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 factor: Higher copper grade within a significant interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 0.67 Context: 6.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-7) Selebi Main · nickel #### 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 factor: Higher nickel grade within a significant interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 0.89 Context: 6.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-8) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-9) Selebi Main · copper #### 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 factor: High copper grade within a narrow but significant interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 1.53 Context: 1.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-10) Selebi Main · nickel #### 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 factor: High nickel grade within a narrow but significant interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.51 Context: 1.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-11) Selebi Main · cobalt #### 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 factor: Higher cobalt grade within a narrow interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-12) Selebi Main · copper #### 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 factor: High CuEq grade despite low copper, driven by nickel. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: Very narrow interval. - Negative factor: Low copper grade. Evidence · table > 0.06 Context: 0.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-13) Selebi Main · nickel #### 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 factor: Very high nickel grade within a narrow interval. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: Very narrow interval. Evidence · table > 2.57 Context: 0.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-14) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: Very narrow interval. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-15) Selebi Main · copper #### 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 factor: Strong copper grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 1.69 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-16) Selebi Main · nickel #### 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 factor: Strong nickel grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 1.22 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-17) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-18) Selebi Main · copper #### 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 factor: Exceptional copper grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.70 Context: 7.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-19) Selebi Main · nickel #### 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 factor: Exceptional nickel grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 1.83 Context: 7.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-20) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-21) Selebi Main · copper #### 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 factor: High copper grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.01 Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-22) Selebi Main · nickel #### 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 factor: High nickel grade over a significant width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.02 Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-23) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-24) Selebi Main · copper #### 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 factor: High copper grade over a good width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 1.81 Context: 2.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-25) Selebi Main · nickel #### 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 factor: High nickel grade over a good width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.10 Context: 2.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-26) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-27) Selebi Main · copper #### 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 factor: Exceptional copper grade over a good width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.43 Context: 3.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-28) Selebi Main · nickel #### 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 factor: Exceptional nickel grade over a good width. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. Evidence · table > 2.23 Context: 3.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-29) Selebi Main · cobalt #### 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 factor: Cobalt presence adds to polymetallic nature. - Positive factor: True width is estimated and disclosed. - Positive factor: Part of a step-out program extending mineralization. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-30) Selebi Main · copper #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-31) Selebi Main · nickel #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-32) Selebi Main · cobalt #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-33) Selebi Main · copper #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-34) Selebi Main · nickel #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-35) Selebi Main · cobalt #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-36) Selebi Main · copper #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-37) Selebi Main · nickel #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-38) Selebi Main · cobalt #### 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 factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-39) Selebi Main · copper #### 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 factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-40) Selebi Main · nickel #### 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 factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-41) Selebi Main · cobalt #### 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 factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-42) Selebi Main · copper #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. Evidence · table > Ap4 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-43) Selebi Main · nickel #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. Evidence · table > Ap4 Context: and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-44) Selebi Main · cobalt #### 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 factor: True width is estimated and disclosed. - Positive factor: Extends the high-grade trend. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: Very narrow interval. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-45) Selebi Main · copper #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-46) Selebi Main · nickel #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: SMD-26-217 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-47) Selebi Main · cobalt #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Significant intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-48) Selebi Main · copper #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-49) Selebi Main · nickel #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. Evidence · table > Ap4 Context: including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-50) Selebi Main · cobalt #### 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 factor: Discovery of a new mineralized zone \('Third Zone'\). - Positive factor: Good intercept length. - Positive factor: True width is estimated and disclosed. - Negative factor: Assays are pending, so the grade is unknown. - Negative factor: Visual intercept only, not confirmed by assays. - Negative factor: 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 Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-51) Selebi Main · copper #### 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 factor: 1.53 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.53 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-52) Selebi Main · nickel #### 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 factor: 2.51 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.51 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-53) Selebi Main · copper #### 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 factor: 0.06 % copper is below the weak threshold \(0.25 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.06 Context: \*and #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-54) Selebi Main · nickel #### 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 factor: 2.57 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.57 Context: \*and #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-55) Selebi Main · copper #### 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 factor: 2.01 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.01 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-56) Selebi Main · nickel #### 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 factor: 2.02 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.02 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-57) Selebi Main · copper #### 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 factor: 1.81 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.81 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-58) Selebi Main · nickel #### 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 factor: 2.1 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.10 Context: \*including #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-59) Selebi Main · copper #### 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 factor: 2.43 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.43 Context: \*and #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-drill-facts-60) Selebi Main · nickel #### 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 factor: 2.23 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.23 Context: \*and #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: 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 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-resource-facts-0) Selebi Main · copper Historical result Needs review: historical\_restatement #### 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 factor: Resource estimate is compliant with NI 43-101 and S-K 1300. - Positive factor: QP signed off on the estimate. - Negative factor: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: 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 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-resource-facts-1) Selebi Main · nickel Historical result Needs review: historical\_restatement #### 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 factor: Resource estimate is compliant with NI 43-101 and S-K 1300. - Positive factor: QP signed off on the estimate. - Negative factor: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: 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 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--4ff014e6-08f3-4a1a-8f8f-9a3d463ff1b1#fact-resource-facts-2) Selebi Main · cobalt Historical result Needs review: historical\_restatement #### 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 factor: Resource estimate is compliant with NI 43-101 and S-K 1300. - Positive factor: QP signed off on the estimate. - Negative factor: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: 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.