# NexMetals Drills 11.05 Metres of Sulphide Mineralization and Demonstrates Clear Growth Potential Driven by the Hinge Program

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516

Original source: https://money.tmx.com/en/quote/NEXM/news/6899202625469991/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear-

Publisher: tmx

Original announcement: 2026-01-20T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: step\_out\_extension

- Positive factor: high\_grade\_intercepts

- Positive factor: true\_width\_disclosed

- Positive factor: qaqc\_disclosed

- Positive factor: qp\_signed

- Positive factor: certified\_lab\_used

- Positive factor: bhem\_targeting\_successful

- Negative factor: assays\_pending\_for\_many\_intercepts

- Negative factor: 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 Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Story-specific tag

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: 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 Pending**

Polarity: negative

Story-specific tag

Definition: 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-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-0)

Selebi Main · copper

#### 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 factor: true\_width\_disclosed

- Positive factor: metal\_equivalent\_assumptions\_disclosed

Evidence · table

> 4.24

Context: 2.70

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-1)

Selebi Main · nickel

#### 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 factor: true\_width\_disclosed

Evidence · table

> 1.63

Context: 2.70

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-2)

Selebi Main · cobalt

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.07

Context: 2.70

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-3)

Selebi Main · copper

#### 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 factor: metal\_equivalent\_assumptions\_disclosed

- Negative factor: true\_width\_undisclosed

Evidence · table

> 5.38

Context: 3.80

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-4)

Selebi Main · nickel

#### 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 factor: true\_width\_undisclosed

Evidence · table

> 1.90

Context: 3.80

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-5)

Selebi Main · cobalt

#### 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 factor: true\_width\_undisclosed

Evidence · table

> 0.08

Context: 3.80

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-6)

Selebi Main · copper

#### 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 factor: true\_width\_disclosed

- Positive factor: metal\_equivalent\_assumptions\_disclosed

Evidence · table

> 6.56

Context: 3.00

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-7)

Selebi Main · nickel

#### 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 factor: true\_width\_disclosed

Evidence · table

> 2.35

Context: 3.00

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-8)

Selebi Main · cobalt

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.10

Context: 3.00

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-9)

Selebi Main · copper

#### 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 factor: true\_width\_disclosed

- Positive factor: metal\_equivalent\_assumptions\_disclosed

Evidence · table

> 1.95

Context: 2.60

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-10)

Selebi Main · nickel

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.69

Context: 2.60

### SMD-25-201

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-11)

Selebi Main · cobalt

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.03

Context: 2.60

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-12)

Selebi Main · copper

#### 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 factor: metal\_equivalent\_assumptions\_disclosed

- Negative factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 5.73

Context: 0.70

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-13)

Selebi Main · nickel

#### 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 factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 2.39

Context: 0.70

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-14)

Selebi Main · cobalt

#### 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 factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 0.12

Context: 0.70

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-15)

Selebi Main · copper

#### 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 factor: metal\_equivalent\_assumptions\_disclosed

- Negative factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 7.65

Context: 0.50

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-16)

Selebi Main · nickel

#### 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 factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 0.64

Context: 0.50

### SMD-25-202

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-17)

Selebi Main · cobalt

#### 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 factor: true\_width\_undisclosed

- Negative factor: narrow\_intercept

Evidence · table

> 0.04

Context: 0.50

### sd144x

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-18)

Selebi Main · copper

#### 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 factor: true\_width\_disclosed

- Positive factor: metal\_equivalent\_assumptions\_disclosed

Evidence · table

> 0.21

Context: 1.50

### sd144x

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-19)

Selebi Main · nickel

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.10

Context: 1.50

### sd144x

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-20)

Selebi Main · cobalt

#### 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 factor: true\_width\_disclosed

Evidence · table

> 0.01

Context: 1.50

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-21)

Selebi Main · copper

#### 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 factor: 1.72 % copper is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.72

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-22)

Selebi Main · nickel

#### 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 factor: 2.35 % nickel is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.35

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-drills-11-05-metres-of-sulphide-mineralization-and-demonstrates-clear--afee7b5b-40e1-4fc4-a85c-8b9afbcd1516#fact-drill-facts-23)

Selebi Main · cobalt

#### 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 factor: 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.