NexMetals Drills 11.05 Metres of Sulphide Mineralization and Demonstrates Clear Growth Potential Driven by the Hinge Program
Original announcement by tmx on
- Company
- NexMetals Mining Corp.
- Ticker
- NEXM
- Exchange
- TSX
- Region
- Botswana
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt
- Document categories
- Drill results
- Extracted
- 2026-08-21 03:06:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NexMetals Mining Corp. reports strong initial drill results from its hinge program in Botswana, successfully intersecting new copper-nickel-cobalt sulphide mineralization outside the current Mineral Resource Estimate. Key intercepts include 3.00 metres at 1.72% Cu, 2.35% Ni, 0.10% Co (6.56% CuEq) and 0.50 metres at 6.33% Cu, 0.64% Ni, 0.04% Co (7.65% CuEq). The program demonstrates significant growth potential by extending mineralization between the Selebi Main and Selebi North deposits, with further drilling planned to define high-priority targets.
Reasoning: NexMetals reports strong initial drill results from its hinge program, successfully extending copper-nickel-cobalt sulphide mineralization beyond the current MRE. The program identified new zones and thicker intercepts, indicating significant growth potential for the Selebi complex.
Positive factors
- step_out_extension
- high_grade_intercepts
- true_width_disclosed
- qaqc_disclosed
- qp_signed
- certified_lab_used
- bhem_targeting_successful
Negative factors
- assays_pending_for_many_intercepts
- narrow_widths_for_some_high_grades
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 24
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The document states 'Drilling has intersected new mineralization outside the current Mineral Resource Estimate' and 'Confirmation that the Selebi Main mineralization extends well beyond current resource boundaries'.
Evidence · text
“Drilling has intersected new mineralization outside the current Mineral Resource Estimate”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The 'Est. True Thickness' column in Table 1 provides estimated true widths for several intercepts, such as '2.45' for SMD-25-201 (1778.30-1781.00m).
Evidence · table
“2.45”
Context: 2.70
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The 'Quality Control' section details the use of 'Commercially prepared Blank samples and certified Cu/Ni sulphide analytical control standards' and states 'Sample preparation and lab analysis was completed at ALS Geochemistry in Johannesburg, South Africa'.
Evidence · text
“Commercially prepared Blank samples and certified Cu/Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples or a minimum of one set per sample batch. Analyses for Ni, Cu and Co are completed using a peroxide fusion preparation and ICP-AES finish (ME-ICP81). Analyses for Pt, Pd, and Au are by fire assay (30 grams nominal sample weight) with an ICP-AES finish (PGM-ICP23).”
QP/CP Signedpositive · Story-specific tag
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: The 'Qualified Person' section states that 'Sharon Taylor, V.P. Exploration of the Company, MSc, P.Geo, and a "qualified person" for the purposes of National Instrument 43-101' reviewed and approved the 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.”
Assays Pendingnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Table 1 contains multiple rows where grades for Cu, Ni, Co, and CuEq are marked as 'Ap' (Assays pending), as clarified in footnote 4.
Evidence · table
“Ap”
Context: 0.35
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Drill Results (24)
SMD-25-201Selebi Main · copperGrade: 4.24Grade Unit: %Intercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 4.24
- Grade Unit
- %
- Intercept
- 2.7 m
- True Width
- 2.45 m
- From
- 1778.3 m
- To
- 1781 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1778.30-1781.00
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 4.24
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: High copper equivalent grade of 4.24% over 2.7m with true width disclosed, indicating strong overall mineralization and extending the known system.
Positive factors
- true_width_disclosed
- metal_equivalent_assumptions_disclosed
Evidence · table
“4.24”
Context: 2.70
SMD-25-201Selebi Main · nickelGrade: 1.63Grade Unit: %Intercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 1.63
- Grade Unit
- %
- Intercept
- 2.7 m
- True Width
- 2.45 m
- From
- 1778.3 m
- To
- 1781 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1778.30-1781.00
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Strong nickel grade of 1.63% over 2.7m with true width disclosed, part of a polymetallic intercept extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“1.63”
Context: 2.70
SMD-25-201Selebi Main · cobaltGrade: 0.07Grade Unit: %Intercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.07
- Grade Unit
- %
- Intercept
- 2.7 m
- True Width
- 2.45 m
- From
- 1778.3 m
- To
- 1781 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1778.30-1781.00
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate cobalt grade of 0.07% over 2.7m with true width disclosed, part of a polymetallic intercept extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“0.07”
Context: 2.70
SMD-25-201Selebi Main · copperGrade: 5.38Grade Unit: %Intercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 5.38
- Grade Unit
- %
- Intercept
- 3.8 m
- From
- 1804.4 m
- To
- 1808.2 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1808.20
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 5.38
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Exceptional copper equivalent grade of 5.38% over 3.8m, indicating strong overall mineralization and extending the known system, though true width is unknown.
Positive factors
- metal_equivalent_assumptions_disclosed
Negative factors
- true_width_undisclosed
Evidence · table
“5.38”
Context: 3.80
SMD-25-201Selebi Main · nickelGrade: 1.9Grade Unit: %Intercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 1.9
- Grade Unit
- %
- Intercept
- 3.8 m
- From
- 1804.4 m
- To
- 1808.2 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1808.20
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Strong nickel grade of 1.90% over 3.8m, part of a polymetallic intercept extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
Evidence · table
“1.90”
Context: 3.80
SMD-25-201Selebi Main · cobaltGrade: 0.08Grade Unit: %Intercept: 3.8 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.08
- Grade Unit
- %
- Intercept
- 3.8 m
- From
- 1804.4 m
- To
- 1808.2 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1808.20
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate cobalt grade of 0.08% over 3.8m, part of a polymetallic intercept extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
Evidence · table
“0.08”
Context: 3.80
SMD-25-201Selebi Main · copperGrade: 6.56Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 6.56
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1807.40
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 6.56
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Exceptional copper equivalent grade of 6.56% over 3.0m with true width disclosed, indicating very strong overall mineralization and extending the known system.
Positive factors
- true_width_disclosed
- metal_equivalent_assumptions_disclosed
Evidence · table
“6.56”
Context: 3.00
SMD-25-201Selebi Main · nickelGrade: 2.35Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.35
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1807.40
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Strong nickel grade of 2.35% over 3.0m with true width disclosed, part of a high-grade polymetallic sub-interval extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“2.35”
Context: 3.00
SMD-25-201Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1804.40-1807.40
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate cobalt grade of 0.10% over 3.0m with true width disclosed, part of a high-grade polymetallic sub-interval extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“0.10”
Context: 3.00
SMD-25-201Selebi Main · copperGrade: 1.95Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 1.95
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.37 m
- From
- 1829.15 m
- To
- 1831.75 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1829.15-1831.75
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 1.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate copper equivalent grade of 1.95% over 2.6m with true width disclosed, indicating overall mineralization and extending the known system.
Positive factors
- true_width_disclosed
- metal_equivalent_assumptions_disclosed
Evidence · table
“1.95”
Context: 2.60
SMD-25-201Selebi Main · nickelGrade: 0.69Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.69
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.37 m
- From
- 1829.15 m
- To
- 1831.75 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1829.15-1831.75
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate nickel grade of 0.69% over 2.6m with true width disclosed, part of a polymetallic intercept extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“0.69”
Context: 2.60
SMD-25-201Selebi Main · cobaltGrade: 0.03Grade Unit: %Intercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- SMD-25-201
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.03
- Grade Unit
- %
- Intercept
- 2.6 m
- True Width
- 2.37 m
- From
- 1829.15 m
- To
- 1831.75 m
- Hole Depth
- 1894.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-201:1829.15-1831.75
- Mining Method
- underground
Location
- Easting
- 582681.1
- Northing
- 7563647.2
- CRS
- UTM
- Elevation
- 904.1 m
- Azimuth
- 102.8 °
- Dip
- -81.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Weak cobalt grade of 0.03% over 2.6m with true width disclosed, part of a polymetallic intercept extending mineralization.
Positive factors
- true_width_disclosed
Evidence · table
“0.03”
Context: 2.60
SMD-25-202Selebi Main · copperGrade: 5.73Grade Unit: %Intercept: 0.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 5.73
- Grade Unit
- %
- Intercept
- 0.7 m
- From
- 1753.95 m
- To
- 1754.65 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1753.95-1754.65
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 5.73
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Exceptional copper equivalent grade of 5.73% over a narrow 0.7m intercept, indicating strong overall mineralization and extending the known system, though true width is unknown.
Positive factors
- metal_equivalent_assumptions_disclosed
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“5.73”
Context: 0.70
SMD-25-202Selebi Main · nickelGrade: 2.39Grade Unit: %Intercept: 0.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.39
- Grade Unit
- %
- Intercept
- 0.7 m
- From
- 1753.95 m
- To
- 1754.65 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1753.95-1754.65
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Strong nickel grade of 2.39% over a narrow 0.7m intercept, part of a polymetallic zone extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“2.39”
Context: 0.70
SMD-25-202Selebi Main · cobaltGrade: 0.12Grade Unit: %Intercept: 0.7 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.12
- Grade Unit
- %
- Intercept
- 0.7 m
- From
- 1753.95 m
- To
- 1754.65 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1753.95-1754.65
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate cobalt grade of 0.12% over a narrow 0.7m intercept, part of a polymetallic zone extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“0.12”
Context: 0.70
SMD-25-202Selebi Main · copperGrade: 7.65Grade Unit: %Intercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 7.65
- Grade Unit
- %
- Intercept
- 0.5 m
- From
- 1773.2 m
- To
- 1773.7 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1773.20-1773.70
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 7.65
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Exceptional copper equivalent grade of 7.65% over a very narrow 0.5m intercept, indicating very strong overall mineralization and extending the known system, though true width is unknown.
Positive factors
- metal_equivalent_assumptions_disclosed
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“7.65”
Context: 0.50
SMD-25-202Selebi Main · nickelGrade: 0.64Grade Unit: %Intercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.64
- Grade Unit
- %
- Intercept
- 0.5 m
- From
- 1773.2 m
- To
- 1773.7 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1773.20-1773.70
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Moderate nickel grade of 0.64% over a very narrow 0.5m intercept, part of a polymetallic zone extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“0.64”
Context: 0.50
SMD-25-202Selebi Main · cobaltGrade: 0.04Grade Unit: %Intercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- SMD-25-202
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 0.5 m
- From
- 1773.2 m
- To
- 1773.7 m
- Hole Depth
- 2036.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- SMD-25-202:1773.20-1773.70
- Mining Method
- underground
Location
- Easting
- 583206.8
- Northing
- 7565125.1
- CRS
- UTM
- Elevation
- 892.4 m
- Azimuth
- 110.9 °
- Dip
- -78.4 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Weak cobalt grade of 0.04% over a very narrow 0.5m intercept, part of a polymetallic zone extending mineralization, though true width is unknown.
Negative factors
- true_width_undisclosed
- narrow_intercept
Evidence · table
“0.04”
Context: 0.50
sd144xSelebi Main · copperGrade: 0.21Grade Unit: %Intercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- sd144x
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.21
- Grade Unit
- %
- Intercept
- 1.5 m
- True Width
- 1.34 m
- From
- 1744.2 m
- To
- 1745.7 m
- Hole Depth
- 660.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- sd144x:1744.20-1745.70
- Mining Method
- underground
Location
- Easting
- 582631.9
- Northing
- 7563230
- CRS
- UTM
- Elevation
- 905.4 m
- Azimuth
- 265.4 °
- Dip
- -89.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Metal Equivalent
- Metal Eq. Grade
- 0.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Very low copper equivalent grade of 0.21% over 1.5m with true width disclosed, indicating minor mineralization.
Positive factors
- true_width_disclosed
- metal_equivalent_assumptions_disclosed
Evidence · table
“0.21”
Context: 1.50
sd144xSelebi Main · nickelGrade: 0.1Grade Unit: %Intercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- sd144x
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 1.5 m
- True Width
- 1.34 m
- From
- 1744.2 m
- To
- 1745.7 m
- Hole Depth
- 660.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- sd144x:1744.20-1745.70
- Mining Method
- underground
Location
- Easting
- 582631.9
- Northing
- 7563230
- CRS
- UTM
- Elevation
- 905.4 m
- Azimuth
- 265.4 °
- Dip
- -89.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Very low nickel grade of 0.10% over 1.5m with true width disclosed, part of a polymetallic intercept.
Positive factors
- true_width_disclosed
Evidence · table
“0.10”
Context: 1.50
sd144xSelebi Main · cobaltGrade: 0.01Grade Unit: %Intercept: 1.5 mView all detailsHide details
Identity
- Hole ID
- sd144x
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.01
- Grade Unit
- %
- Intercept
- 1.5 m
- True Width
- 1.34 m
- From
- 1744.2 m
- To
- 1745.7 m
- Hole Depth
- 660.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- sd144x:1744.20-1745.70
- Mining Method
- underground
Location
- Easting
- 582631.9
- Northing
- 7563230
- CRS
- UTM
- Elevation
- 905.4 m
- Azimuth
- 265.4 °
- Dip
- -89.2 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Geochemistry
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Very low cobalt grade of 0.01% over 1.5m with true width disclosed, part of a polymetallic intercept.
Positive factors
- true_width_disclosed
Evidence · table
“0.01”
Context: 1.50
incl.Selebi Main · copperGrade: 1.72Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- incl.
- Project
- Selebi Main
- Commodity
- copper
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 1.72
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
Classification
- Sample Type
- drill
- Group ID
- incl.:1804.4-1807.4
- Mining Method
- underground
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Expanded from assay table. 1.72 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 5.2 %·m is below (grade alone is strong; the better of the two is used).
Positive factors
- 1.72 % copper is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.72”
Context: incl.
incl.Selebi Main · nickelGrade: 2.35Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- incl.
- Project
- Selebi Main
- Commodity
- nickel
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 2.35
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
Classification
- Sample Type
- drill
- Group ID
- incl.:1804.4-1807.4
- Mining Method
- underground
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Expanded from assay table. 2.35 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.
Positive factors
- 2.35 % nickel is strong on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.35”
Context: incl.
incl.Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- incl.
- Project
- Selebi Main
- Commodity
- cobalt
- Region
- botswana
- Reported Region
- Botswana
- Ticker
- NEXM
Geometry
- Grade
- 0.1
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 2.73 m
- From
- 1804.4 m
- To
- 1807.4 m
Classification
- Sample Type
- drill
- Group ID
- incl.:1804.4-1807.4
- Mining Method
- underground
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-20T00:00:00.000Z
Reasoning: Expanded from assay table. 0.1 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.10”
Context: incl.
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.