NexMetals Drills 231 Metres of 1.09% CuEq, Including 97 Metres of 1.28% CuEq Establishing Scale, Grade and Expansion Potential at Selkirk

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Palladium, Platinum, Gold
Document categories
Drill results, Metallurgy
Extracted
2026-08-21 04:08:40 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. announced assay results from the final three holes of its 2025 metallurgical drill program at the Selkirk Mine in Botswana, revealing wide and continuous zones of copper, nickel, cobalt, and platinum group element mineralization. Hole SMET-25-009 intersected 231 metres of 1.09% CuEq, including higher-grade sub-intervals, with all intercepts providing estimated true thicknesses. These results will be incorporated into an updated Mineral Resource Estimate and support ongoing metallurgical test work, highlighting the deposit's scale, grade, and expansion potential for open-pit development.

Reasoning: The drill results from the final three holes of the 2025 metallurgical program confirm wide and continuous zones of significant CuEq mineralization, demonstrating substantial expansion potential for the Selkirk deposit. These results will be integrated into an updated MRE and are crucial for advancing metallurgical studies, indicating strong project development progress.

Positive factors

  • Wide, continuous zones of mineralization confirmed
  • Significant copper equivalent (CuEq) grades over long intervals
  • True width estimates provided for all intercepts
  • Expansion potential demonstrated at depth and near surface
  • Results will be incorporated into an updated Mineral Resource Estimate (MRE)
  • Supports ongoing metallurgical test work to optimize flowsheet and recoveries
  • Potential for low strip ratio, open pit development

Facts used in scoring: 96

Classification and evidence

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document includes an 'Est. True Thickness (m)' column in the assay results table, providing actual thickness perpendicular to the structure.

Evidence · table

“Est. True Thickness (m)”

Context: LENGTH (m)

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a 'Quality Control' section detailing sample preparation, lab analysis by ALS Chemex, and insertion of blank samples and certified standards.

Evidence · text

“Sample preparation and lab analysis was completed at ALS Chemex in Johannesburg, South Africa. 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.”

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: Sharon Taylor, VP Exploration of the Company, MSc, P.Geo, is named as a 'qualified person' for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K, and has reviewed and approved the scientific and technical information.

Evidence · text

“All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, VP 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 Assumptions Disclosedpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The document explicitly states the formula used for CuEq% calculation, including the metal prices and recoveries from the 2025 Technical Report.

Evidence · text

“CuEq% calculated using the formula Cu% + Ni%*(55.605/53.913) + Pd g/t*(22.948/53.913) + Pt g/t*(14.891/53.913) using metal prices and recoveries listed in the 2025 Technical Report.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 231 metres at 1.09% CuEq (with a true width of 123m) is a very strong result, exceeding the 'strong' threshold for copper equivalent grade-thickness (251.79 %*m vs 150 %*m).

Evidence · table

“1.09”

Context: 231.00

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: While a cut-off for the MRE is mentioned, the specific cut-off grade and internal dilution rules used for compositing the reported drill intervals are not disclosed.

Evidence · text

“Current cut-off of US$25.00 per tonne net smelter return defined in the 2024 MRE translates to 0.46% CuEq.”

Resource Updateneutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The drill results will be incorporated into an updated MRE, indicating a revision to an existing resource estimate.

Evidence · text

“All assay results reported to date will be incorporated into an updated MRE .”

Extracted facts

Stored fact records: 96. Some facts used in scoring do not have a stored record.

Drill Results (96)

SMET-25-009copperGrade: 0.39Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.39
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A very long intercept of 231 metres at 1.09% CuEq, with a true width of 123 metres, represents a highly material and positive result, indicating significant scale and supporting open-pit development.

Positive factors

  • Exceptional intercept length
  • Strong copper equivalent grade
  • True width disclosed
  • Supports open pit potential

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“1.09”

Context: 231.00

SMET-25-009nickelGrade: 0.38Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.38
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: While the overall CuEq is strong, the individual nickel grade of 0.38% over 231 metres is weak for an open-pit scenario, but still contributes to the polymetallic value.

Positive factors

  • Exceptional intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.38”

Context: 231.00

SMET-25-009cobaltGrade: 0.02Grade Unit: %Intercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 231 metres is very low, indicating it is a minor contributor to the overall CuEq value, but its presence adds to the polymetallic nature.

Positive factors

  • Exceptional intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 231.00

SMET-25-009palladiumGrade: 0.64Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.64
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.64 ppm over 231 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Exceptional intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.64”

Context: 231.00

SMET-25-009platinumGrade: 0.15Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.15
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.15 ppm over 231 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Exceptional intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.15”

Context: 231.00

SMET-25-009goldGrade: 0.07Grade Unit: ppmIntercept: 231 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
231 m
True Width
123 m
From
77 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.07 ppm over 231 metres is very low, indicating it is a minor contributor to the overall CuEq value, but its presence adds to the polymetallic nature.

Positive factors

  • Exceptional intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.07”

Context: 231.00

SMET-25-009copperGrade: 0.46Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.46
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A high-grade sub-interval of 97 metres at 1.28% CuEq, with a true width of 66 metres, is a very strong result, indicating a significant higher-grade zone within the broader mineralization.

Positive factors

  • Strong copper equivalent grade
  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“1.28”

Context: 97.00

SMET-25-009nickelGrade: 0.43Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.43% over 97 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.43”

Context: 97.00

SMET-25-009cobaltGrade: 0.03Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.03% over 97 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.03”

Context: 97.00

SMET-25-009palladiumGrade: 0.76Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.76 ppm over 97 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.76”

Context: 97.00

SMET-25-009platinumGrade: 0.18Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.18
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.18 ppm over 97 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.18”

Context: 97.00

SMET-25-009goldGrade: 0.08Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:129.0-226.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.28
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.08 ppm over 97 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.08”

Context: 97.00

SMET-25-009copperGrade: 0.52Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A strong sub-interval of 47.9 metres at 1.42% CuEq, with a true width of 33 metres, further enhances the overall prospectivity of the hole.

Positive factors

  • Strong copper equivalent grade
  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“1.42”

Context: 47.90

SMET-25-009nickelGrade: 0.49Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.49
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.49% over 47.9 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.49”

Context: 47.90

SMET-25-009cobaltGrade: 0.03Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.03% over 47.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.03”

Context: 47.90

SMET-25-009palladiumGrade: 0.83Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.83 ppm over 47.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.83”

Context: 47.90

SMET-25-009platinumGrade: 0.17Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.17 ppm over 47.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.17”

Context: 47.90

SMET-25-009goldGrade: 0.07Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:257.0-304.9
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.07 ppm over 47.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.07”

Context: 47.90

SMET-25-010copperGrade: 0.29Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.29
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A long intercept of 171 metres at 0.85% CuEq, with a true width of 102 metres, represents a material result, confirming continuous mineralization.

Positive factors

  • Significant intercept length
  • Moderate copper equivalent grade
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.85”

Context: 171.00

SMET-25-010nickelGrade: 0.29Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.29
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.29% over 171 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.29”

Context: 171.00

SMET-25-010cobaltGrade: 0.02Grade Unit: %Intercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 171 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 171.00

SMET-25-010palladiumGrade: 0.51Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.51
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.51 ppm over 171 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.51”

Context: 171.00

SMET-25-010platinumGrade: 0.12Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.12 ppm over 171 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.12”

Context: 171.00

SMET-25-010goldGrade: 0.05Grade Unit: ppmIntercept: 171 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
171 m
True Width
102 m
From
110 m
To
281 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-281.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.85
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.05 ppm over 171 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.05”

Context: 171.00

SMET-25-010copperGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A long sub-interval of 158 metres at 0.86% CuEq, with a true width of 94 metres, confirms continuous mineralization within the broader intercept.

Positive factors

  • Significant intercept length
  • Moderate copper equivalent grade
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.86”

Context: 158.00

SMET-25-010nickelGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.30% over 158 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.30”

Context: 158.00

SMET-25-010cobaltGrade: 0.02Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 158 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 158.00

SMET-25-010palladiumGrade: 0.52Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.52 ppm over 158 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.52”

Context: 158.00

SMET-25-010platinumGrade: 0.12Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.12 ppm over 158 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.12”

Context: 158.00

SMET-25-010goldGrade: 0.05Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:110.0-268.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.86
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.05 ppm over 158 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.05”

Context: 158.00

SMET-25-010copperGrade: 0.4Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A strong sub-interval of 50 metres at 1.18% CuEq, with a true width of 30 metres, indicates a significant higher-grade zone within the broader mineralization.

Positive factors

  • Strong copper equivalent grade
  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“1.18”

Context: 50.00

SMET-25-010nickelGrade: 0.43Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.43% over 50 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.43”

Context: 50.00

SMET-25-010cobaltGrade: 0.02Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 50 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 50.00

SMET-25-010palladiumGrade: 0.68Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.68
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.68 ppm over 50 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.68”

Context: 50.00

SMET-25-010platinumGrade: 0.16Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.16 ppm over 50 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.16”

Context: 50.00

SMET-25-010goldGrade: 0.08Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
SMET-25-010
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m
Hole Depth
388.9 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-010:146.0-196.0
Mining Method
open_pit

Location

Easting
575284.7
Northing
7642459.4
CRS
WGS84z35S
Elevation
984.4 m
Azimuth
36.3 °
Dip
-70.4 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.18
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.08 ppm over 50 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.08”

Context: 50.00

SMET-25-011copperGrade: 0.15Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.15
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A narrow intercept of 13 metres at 0.52% CuEq, with a true width of 8 metres, is a weak result, falling below typical economic thresholds for open-pit mining.

Positive factors

  • True width disclosed

Negative factors

  • Weak copper equivalent grade
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.52”

Context: 13.00

SMET-25-011nickelGrade: 0.19Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.19
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.19% over 13 metres is very weak for an open-pit scenario, contributing minimally to the overall CuEq value.

Positive factors

  • True width disclosed

Negative factors

  • Very weak nickel grade
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.19”

Context: 13.00

SMET-25-011cobaltGrade: 0.01Grade Unit: %Intercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.01
Grade Unit
%
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.01% over 13 metres is extremely low, indicating it is a negligible contributor to the overall CuEq value.

Positive factors

  • True width disclosed

Negative factors

  • Very weak cobalt grade
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.01”

Context: 13.00

SMET-25-011palladiumGrade: 0.35Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.35 ppm over 13 metres contributes to the overall polymetallic value, but the narrow width limits its individual significance.

Positive factors

  • True width disclosed

Negative factors

  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.35”

Context: 13.00

SMET-25-011platinumGrade: 0.09Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.09 ppm over 13 metres contributes to the overall polymetallic value, but the narrow width limits its individual significance.

Positive factors

  • True width disclosed

Negative factors

  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.09”

Context: 13.00

SMET-25-011goldGrade: 0.03Grade Unit: ppmIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
ppm
Intercept
13 m
True Width
8 m
From
112 m
To
125 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:112.0-125.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.03 ppm over 13 metres is extremely low, indicating it is a negligible contributor to the overall CuEq value.

Positive factors

  • True width disclosed

Negative factors

  • Very weak gold grade for porphyry
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.03”

Context: 13.00

SMET-25-011copperGrade: 0.25Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.25
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A long intercept of 152.9 metres at 0.79% CuEq, with a true width of 95 metres, represents a material result, confirming continuous mineralization.

Positive factors

  • Significant intercept length
  • Moderate copper equivalent grade
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.79”

Context: 152.90

SMET-25-011nickelGrade: 0.26Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.26
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.26% over 152.9 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.26”

Context: 152.90

SMET-25-011cobaltGrade: 0.02Grade Unit: %Intercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 152.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 152.90

SMET-25-011palladiumGrade: 0.54Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.54
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.54 ppm over 152.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.54”

Context: 152.90

SMET-25-011platinumGrade: 0.12Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.12 ppm over 152.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.12”

Context: 152.90

SMET-25-011goldGrade: 0.05Grade Unit: ppmIntercept: 152.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
152.9 m
True Width
95 m
From
171.1 m
To
324 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:171.1-324.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.05 ppm over 152.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Significant intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.05”

Context: 152.90

SMET-25-011copperGrade: 0.35Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A strong sub-interval of 43.9 metres at 1.07% CuEq, with a true width of 29 metres, indicates a significant higher-grade zone within the broader mineralization.

Positive factors

  • Strong copper equivalent grade
  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“1.07”

Context: 43.90

SMET-25-011nickelGrade: 0.34Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.34
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.34% over 43.9 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Nickel grade is weak for open pit
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.34”

Context: 43.90

SMET-25-011cobaltGrade: 0.02Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 43.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cobalt grade is very weak
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 43.90

SMET-25-011palladiumGrade: 0.75Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.75
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.75 ppm over 43.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.75”

Context: 43.90

SMET-25-011platinumGrade: 0.16Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.16 ppm over 43.9 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.16”

Context: 43.90

SMET-25-011goldGrade: 0.06Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
SMET-25-011
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m
Hole Depth
403.6 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-011:275.1-319.0
Mining Method
open_pit

Location

Easting
575205
Northing
7642236.3
CRS
WGS84z35S
Elevation
982.7 m
Azimuth
39.4 °
Dip
-68.8 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.07
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.06 ppm over 43.9 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • Moderate intercept length
  • True width disclosed

Negative factors

  • Gold grade is very weak for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.06”

Context: 43.90

SMET-25-009copperGrade: 0.21Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.21
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A moderate intercept of 25 metres at 0.61% CuEq, with a true width of 13 metres, is a weak result but indicates mineralization outside the current MRE, suggesting expansion potential.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Weak copper equivalent grade
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.61”

Context: 25.00

SMET-25-009nickelGrade: 0.23Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.23
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.23% over 25 metres is very weak for an open-pit scenario, contributing minimally to the overall CuEq value.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Very weak nickel grade
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.23”

Context: 25.00

SMET-25-009cobaltGrade: 0.02Grade Unit: %Intercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.02% over 25 metres is extremely low, indicating it is a negligible contributor to the overall CuEq value.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Very weak cobalt grade
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.02”

Context: 25.00

SMET-25-009palladiumGrade: 0.33Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.33
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.33 ppm over 25 metres contributes to the overall polymetallic value, but the grade and width limit its individual significance.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.33”

Context: 25.00

SMET-25-009platinumGrade: 0.08Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.08 ppm over 25 metres contributes to the overall polymetallic value, but the grade and width limit its individual significance.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Cut-off grade for compositing not disclosed

Evidence · table

“0.08”

Context: 25.00

SMET-25-009goldGrade: 0.05Grade Unit: ppmIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
25 m
True Width
13 m
From
77 m
To
102 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:77.0-102.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.05 ppm over 25 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • True width disclosed
  • Located outside MRE but within conceptual pit

Negative factors

  • Very weak gold grade for porphyry
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.05”

Context: 25.00

SMET-25-009copperGrade: 0.4Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: A narrow intercept of 14 metres at 1.42% CuEq, with a true width of 10 metres, is a strong result, indicating high-grade mineralization at depth and expansion potential.

Positive factors

  • Strong copper equivalent grade
  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“1.42”

Context: 14.00

SMET-25-009nickelGrade: 0.55Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.55
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The nickel grade of 0.55% over 14 metres is weak for an open-pit scenario, but contributes to the overall polymetallic value of the intercept.

Positive factors

  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Nickel grade is weak for open pit
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.55”

Context: 14.00

SMET-25-009cobaltGrade: 0.04Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The cobalt grade of 0.04% over 14 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Cobalt grade is very weak
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.04”

Context: 14.00

SMET-25-009palladiumGrade: 0.96Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.96
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The palladium grade of 0.96 ppm over 14 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.96”

Context: 14.00

SMET-25-009platinumGrade: 0.16Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The platinum grade of 0.16 ppm over 14 metres contributes to the overall polymetallic value, enhancing the project's economic potential.

Positive factors

  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.16”

Context: 14.00

SMET-25-009goldGrade: 0.06Grade Unit: ppmIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
SMET-25-009
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
14 m
True Width
10 m
From
294 m
To
308 m
Hole Depth
455.2 m

Classification

Deposit Type
other
Program
resource
Sample Type
drill
Group ID
SMET-25-009:294.0-308.0
Mining Method
open_pit

Location

Easting
575330.4
Northing
7642547.7
CRS
WGS84z35S
Elevation
989.3 m
Azimuth
334.7 °
Dip
-88.1 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
1.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: The gold grade of 0.06 ppm over 14 metres is very low, indicating it is a minor contributor to the overall CuEq value.

Positive factors

  • True width disclosed
  • Located outside MRE and beneath conceptual pit

Negative factors

  • Gold grade is very weak for porphyry
  • Narrow intercept length
  • Cut-off grade for compositing not disclosed

Evidence · table

“0.06”

Context: 14.00

incl.copperGrade: 0.46Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.46
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.46 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 44.6 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.46”

Context: incl.

incl.nickelGrade: 0.43Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.43 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.43”

Context: incl.

incl.cobaltGrade: 0.03Grade Unit: %Intercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.03 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.03”

Context: incl.

incl.palladiumGrade: 0.76Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.76 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.76”

Context: incl.

incl.platinumGrade: 0.18Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.18
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.18 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.18”

Context: incl.

incl.goldGrade: 0.08Grade Unit: ppmIntercept: 97 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
97 m
True Width
66 m
From
129 m
To
226 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:129-226
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.08 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.08”

Context: incl.

andcopperGrade: 0.52Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.52 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 24.9 %·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.52”

Context: and

andnickelGrade: 0.49Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.49
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.49 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.49”

Context: and

andcobaltGrade: 0.03Grade Unit: %Intercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.03 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.03”

Context: and

andpalladiumGrade: 0.83Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.83 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.83”

Context: and

andplatinumGrade: 0.17Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.17 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.17”

Context: and

andgoldGrade: 0.07Grade Unit: ppmIntercept: 47.9 mView all details
Link to this fact

Identity

Hole ID
and
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
ppm
Intercept
47.9 m
True Width
33 m
From
257 m
To
304.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:257-304.9
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.07 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.07”

Context: and

incl.copperGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 47.4 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.30”

Context: incl.

incl.nickelGrade: 0.3Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.3
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.30”

Context: incl.

incl.cobaltGrade: 0.02Grade Unit: %Intercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

incl.palladiumGrade: 0.52Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.52
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.52 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.52”

Context: incl.

incl.platinumGrade: 0.12Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.12 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.12”

Context: incl.

incl.goldGrade: 0.05Grade Unit: ppmIntercept: 158 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
ppm
Intercept
158 m
True Width
94 m
From
110 m
To
268 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:110-268
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.05 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.05”

Context: incl.

incl.copperGrade: 0.4Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.4
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.4 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 20.0 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.40”

Context: incl.

incl.nickelGrade: 0.43Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.43
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.43 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.43”

Context: incl.

incl.cobaltGrade: 0.02Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

incl.palladiumGrade: 0.68Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.68
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.68 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.68”

Context: incl.

incl.platinumGrade: 0.16Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.16 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.16”

Context: incl.

incl.goldGrade: 0.08Grade Unit: ppmIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
ppm
Intercept
50 m
True Width
30 m
From
146 m
To
196 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:146-196
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.08 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.08”

Context: incl.

incl.copperGrade: 0.35Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.35
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.35 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 15.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.35”

Context: incl.

incl.nickelGrade: 0.34Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.34
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 % nickel is weak against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.34”

Context: incl.

incl.cobaltGrade: 0.02Grade Unit: %Intercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: incl.

incl.palladiumGrade: 0.75Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
palladium
Ticker
NEXM

Geometry

Grade
0.75
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.75 ppm palladium. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for palladium; intercept not scored.

Evidence · table

“0.75”

Context: incl.

incl.platinumGrade: 0.16Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
platinum
Ticker
NEXM

Geometry

Grade
0.16
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.16 ppm platinum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for platinum; intercept not scored.

Evidence · table

“0.16”

Context: incl.

incl.goldGrade: 0.06Grade Unit: ppmIntercept: 43.9 mView all details
Link to this fact

Identity

Hole ID
incl.
Commodity
gold
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
ppm
Intercept
43.9 m
True Width
29 m
From
275.1 m
To
319 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:275.1-319
Mining Method
open_pit

Location

CRS
WGS84z35S

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-03T00:00:00.000Z

Reasoning: Expanded from assay table: 0.06 ppm gold, reported in a unit the rubric does not cover (g/t).

Negative factors

  • Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

“0.06”

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.