NexMetals Expands the Selebi System Intersecting 10.40 Metres of 6.82% CuEq (3.09% Cu, 1.83% Ni) at Selebi Main, 320 Metres Beyond the 2024 MRE

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt
Document categories
Drill results
Extracted
2026-08-20 23:24:57 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. announced positive drill results from its Selebi Mines Project in Botswana, extending copper-nickel mineralization 320 meters beyond the 2024 Mineral Resource Estimate. The highlight intercept in hole SMD-26-209 returned 10.40 meters of 6.82% CuEq (3.09% Cu, 1.83% Ni), confirming strong down-plunge continuity. These results, which include disclosed true widths and robust QA/QC, are expected to contribute to a significantly larger updated MRE in the second half of 2026.

Reasoning: NexMetals reported strong drill results, including a significant step-out intercept of 10.40m at 6.82% CuEq, extending mineralization 320m beyond the current MRE. This demonstrates strong continuity and potential for resource expansion, supported by good QA/QC and true width disclosures. The company anticipates a meaningful increase in the next MRE.

Positive factors

  • Significant step-out extension of mineralization 320 metres beyond the existing MRE boundaries.
  • High CuEq grades, with the main intercept in SMD-26-209 showing a strong grade-thickness product.
  • True widths are disclosed for all reported intercepts, adding confidence to the results.
  • Robust QA/QC procedures are in place, including QP sign-off, certified lab, and insertion of blanks and standards.
  • The results are expected to support a significant increase in the upcoming Mineral Resource Estimate.

Negative factors

  • The specific cut-off grade used for compositing the reported drill intervals is not disclosed, making direct comparison to other intervals or projects less transparent.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 66

Extracted facts

Stored fact records: 66. Some facts used in scoring do not have a stored record.

Drill Results (66)

SMD-25-203Selebi Mines Project · copperGrade: 0.76Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.76
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept shows good width and is part of the resource expansion program, but the copper grade is relatively low for an underground target, though the CuEq is moderate.

Positive factors

  • Good intercept length with disclosed true width.
  • Part of a program extending mineralization beyond the MRE.

Negative factors

  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.76”

Context: 16.10

SMD-25-203Selebi Mines Project · nickelGrade: 0.5Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.5
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This intercept shows good width and a moderate nickel grade, contributing to the overall CuEq value and resource expansion efforts.

Positive factors

  • Good intercept length with disclosed true width.
  • Nickel grade is moderate for an underground target.
  • Part of a program extending mineralization beyond the MRE.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.50”

Context: 16.10

SMD-25-203Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
16.1 m
True Width
15.9 m
From
1928.65 m
To
1944.75 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1944.75
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.78
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Cobalt grade is low.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.02”

Context: 16.10

SMD-25-203Selebi Mines Project · copperGrade: 0.86Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.86
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows improved copper grade compared to the broader interval, contributing to the overall CuEq and resource expansion.

Positive factors

  • Good intercept length with disclosed true width.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.86”

Context: 13.50

SMD-25-203Selebi Mines Project · nickelGrade: 0.56Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.56
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows a moderate nickel grade, contributing to the overall CuEq value and resource expansion efforts.

Positive factors

  • Good intercept length with disclosed true width.
  • Nickel grade is moderate for an underground target.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.56”

Context: 13.50

SMD-25-203Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1928.65-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.02
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Cobalt grade is low.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.02”

Context: 13.50

SMD-25-203Selebi Mines Project · copperGrade: 1.1Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.1
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1932.50-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows improved copper grade compared to the broader interval, contributing to the overall CuEq and resource expansion.

Positive factors

  • Good intercept length with disclosed true width.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.10”

Context: 9.65

SMD-25-203Selebi Mines Project · nickelGrade: 0.55Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.55
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1932.50-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows a moderate nickel grade, contributing to the overall CuEq value and resource expansion efforts.

Positive factors

  • Good intercept length with disclosed true width.
  • Nickel grade is moderate for an underground target.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.55”

Context: 9.65

SMD-25-203Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1932.50-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Cobalt grade is low.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.02”

Context: 9.65

SMD-25-203Selebi Mines Project · copperGrade: 1.42Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.42
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1937.40-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows improved copper grade compared to the broader interval, contributing to the overall CuEq and resource expansion.

Positive factors

  • Good intercept length with disclosed true width.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.42”

Context: 4.75

SMD-25-203Selebi Mines Project · nickelGrade: 0.81Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.81
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1937.40-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: This sub-interval shows a moderate nickel grade, contributing to the overall CuEq value and resource expansion efforts.

Positive factors

  • Good intercept length with disclosed true width.
  • Nickel grade is moderate for an underground target.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.81”

Context: 4.75

SMD-25-203Selebi Mines Project · cobaltGrade: 0.03Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1937.40-1942.15
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.09
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Cobalt grade is low.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.03”

Context: 4.75

SMD-25-203Selebi Mines Project · copperGrade: 1.64Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.64
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1964.40-1965.45
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow but high-grade CuEq intercept, driven by strong nickel, contributing to the overall prospectivity.

Positive factors

  • High CuEq grade for a narrow intercept.
  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.64”

Context: 1.05

SMD-25-203Selebi Mines Project · nickelGrade: 1.92Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.92
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1964.40-1965.45
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow but high-grade nickel intercept, contributing significantly to the CuEq value and overall prospectivity.

Positive factors

  • Strong nickel grade for an underground target.
  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.92”

Context: 1.05

SMD-25-203Selebi Mines Project · cobaltGrade: 0.09Grade Unit: %Intercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
1.05 m
True Width
0.95 m
From
1964.4 m
To
1965.45 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1964.40-1965.45
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
5.58
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present at a moderate grade for a byproduct, adding to the overall value of the narrow intercept.

Positive factors

  • Cobalt is present as a byproduct at a good grade.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.09”

Context: 1.05

SMD-25-203Selebi Mines Project · copperGrade: 0.83Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.83
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1968.20-1969.20
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow but high-grade CuEq intercept, driven by strong nickel, contributing to the overall prospectivity.

Positive factors

  • High CuEq grade for a narrow intercept.
  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.83”

Context: 1.00

SMD-25-203Selebi Mines Project · nickelGrade: 1.84Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.84
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1968.20-1969.20
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow but high-grade nickel intercept, contributing significantly to the CuEq value and overall prospectivity.

Positive factors

  • Strong nickel grade for an underground target.
  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.84”

Context: 1.00

SMD-25-203Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-25-203
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
1 m
True Width
0.9 m
From
1968.2 m
To
1969.2 m
Hole Depth
2010.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-203:1968.20-1969.20
Mining Method
underground

Location

Easting
582550.8
Northing
7564012.8
CRS
UTM
Elevation
905.8 m
Azimuth
112.1 °
Dip
-78.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.62
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.02”

Context: 1.00

SMD-25-207Selebi Mines Project · copperGrade: 0.17Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.17
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1644.90-1645.30
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A very narrow intercept with a high CuEq grade, primarily driven by nickel, but copper contribution is very low.

Positive factors

  • High CuEq grade for a very narrow intercept.
  • Disclosed true width.

Negative factors

  • Very narrow intercept length.
  • Copper grade is significantly below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.17”

Context: 0.40

SMD-25-207Selebi Mines Project · nickelGrade: 1.88Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.88
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1644.90-1645.30
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A very narrow but high-grade nickel intercept, contributing significantly to the CuEq value.

Positive factors

  • Strong nickel grade for an underground target.
  • Disclosed true width.

Negative factors

  • Very narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.88”

Context: 0.40

SMD-25-207Selebi Mines Project · cobaltGrade: 0.12Grade Unit: %Intercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.12
Grade Unit
%
Intercept
0.4 m
True Width
0.37 m
From
1644.9 m
To
1645.3 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1644.90-1645.30
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.05
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present at a good grade for a byproduct, adding to the overall value of the very narrow intercept.

Positive factors

  • Cobalt is present as a byproduct at a good grade.

Negative factors

  • Very narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.12”

Context: 0.40

SMD-25-207Selebi Mines Project · copperGrade: 1.22Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.22
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.70
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow intercept with a low copper grade, but contributing to the overall CuEq value.

Positive factors

  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.22”

Context: 1.85

SMD-25-207Selebi Mines Project · nickelGrade: 0.58Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.58
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.70
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A narrow intercept with a moderate nickel grade, contributing to the overall CuEq value.

Positive factors

  • Nickel grade is moderate for an underground target.
  • Disclosed true width.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.58”

Context: 1.85

SMD-25-207Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
1.85 m
True Width
1.7 m
From
1661.85 m
To
1663.7 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1663.70
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.42
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.02”

Context: 1.85

SMD-25-207Selebi Mines Project · copperGrade: 1.02Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.02
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A very narrow but high-grade CuEq intercept, driven by strong nickel, contributing to the overall prospectivity.

Positive factors

  • High CuEq grade for a very narrow intercept.
  • Disclosed true width.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Very narrow intercept length.
  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.02”

Context: 0.50

SMD-25-207Selebi Mines Project · nickelGrade: 0.96Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.96
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A very narrow but moderate-grade nickel intercept, contributing significantly to the CuEq value.

Positive factors

  • Nickel grade is moderate for an underground target.
  • Disclosed true width.
  • Sub-interval of a longer intercept, indicating higher grade within.

Negative factors

  • Very narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.96”

Context: 0.50

SMD-25-207Selebi Mines Project · cobaltGrade: 0.04Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SMD-25-207
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m
Hole Depth
1739.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-25-207:1661.85-1662.35
Mining Method
underground

Location

Easting
582644
Northing
7563223.9
CRS
UTM
Elevation
905.4 m
Azimuth
108.2 °
Dip
-81.2 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present but at a low grade, contributing marginally to the overall value.

Positive factors

  • Cobalt is present as a byproduct.

Negative factors

  • Very narrow intercept length.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.04”

Context: 0.50

SMD-26-208Selebi Mines Project · copperGrade: 1.95Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.95
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-26-208:1581.30-1585.00
Mining Method
underground

Location

Easting
582752.1
Northing
7563358.1
CRS
UTM
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A moderate intercept with good CuEq grade, contributing to the overall resource expansion.

Positive factors

  • Good CuEq grade for a moderate intercept length.
  • Disclosed true width.

Negative factors

  • Copper grade is below the weak threshold for underground mining.
  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.95”

Context: 3.70

SMD-26-208Selebi Mines Project · nickelGrade: 1.32Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.32
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-26-208:1581.30-1585.00
Mining Method
underground

Location

Easting
582752.1
Northing
7563358.1
CRS
UTM
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: A moderate intercept with strong nickel grade, contributing significantly to the CuEq value.

Positive factors

  • Strong nickel grade for an underground target.
  • Disclosed true width.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“1.32”

Context: 3.70

SMD-26-208Selebi Mines Project · cobaltGrade: 0.06Grade Unit: %Intercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
%
Intercept
3.7 m
True Width
3.55 m
From
1581.3 m
To
1585 m
Hole Depth
1678.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
SMD-26-208:1581.30-1585.00
Mining Method
underground

Location

Easting
582752.1
Northing
7563358.1
CRS
UTM
Elevation
903.6 m
Azimuth
111 °
Dip
-78.7 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
4.66
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Cobalt is present at a good grade for a byproduct, adding to the overall value of the intercept.

Positive factors

  • Cobalt is present as a byproduct at a good grade.

Negative factors

  • Specific cut-off grade for compositing not disclosed.

Evidence · table

“0.06”

Context: 3.70

includingSelebi Mines Project · copperGrade: 0.86Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.86
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1928.65-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.86 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 11.6 %·m is below (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

“0.86”

Context: including

includingSelebi Mines Project · nickelGrade: 0.56Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.56
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1928.65-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.56 % 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

“0.56”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
13.5 m
True Width
13.3 m
From
1928.65 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1928.65-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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: including

includingSelebi Mines Project · copperGrade: 1.1Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.1
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1932.5-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.1 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 10.6 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.1 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.10”

Context: including

includingSelebi Mines Project · nickelGrade: 0.55Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.55
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1932.5-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.55 % 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

“0.55”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 9.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
9.65 m
True Width
9.5 m
From
1932.5 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1932.5-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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: including

includingSelebi Mines Project · copperGrade: 1.42Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.42
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1937.4-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.42 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 6.7 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.42 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.42”

Context: including

includingSelebi Mines Project · nickelGrade: 0.81Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.81
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1937.4-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.81 % nickel is moderate 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

“0.81”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.03Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
4.75 m
True Width
4.7 m
From
1937.4 m
To
1942.15 m

Classification

Sample Type
drill
Group ID
including:1937.4-1942.15
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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: including

includingSelebi Mines Project · copperGrade: 1.02Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.02
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m

Classification

Sample Type
drill
Group ID
including:1661.85-1662.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.02 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.5 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.02 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.02”

Context: including

includingSelebi Mines Project · nickelGrade: 0.96Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.96
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m

Classification

Sample Type
drill
Group ID
including:1661.85-1662.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.96 % nickel is moderate 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

“0.96”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.04Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
0.5 m
True Width
0.48 m
From
1661.85 m
To
1662.35 m

Classification

Sample Type
drill
Group ID
including:1661.85-1662.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.04 % 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

“0.04”

Context: including

includingSelebi Mines Project · copperGrade: 2.5Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
2.5
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m

Classification

Sample Type
drill
Group ID
including:1581.3-1583.4
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 2.5 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 5.3 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 2.5 % copper is exceptional on the default band.

Negative factors

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

Evidence · table

“2.50”

Context: including

includingSelebi Mines Project · nickelGrade: 2.13Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
2.13
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m

Classification

Sample Type
drill
Group ID
including:1581.3-1583.4
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 2.13 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 2.13 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“2.13”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.09Grade Unit: %Intercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
2.1 m
True Width
2.01 m
From
1581.3 m
To
1583.4 m

Classification

Sample Type
drill
Group ID
including:1581.3-1583.4
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

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

Evidence · table

“0.09”

Context: including

SMD-26-208Selebi Mines Project · copperGrade: 0.94Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.94
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.94 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.9 %·m is below (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

“0.94”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · nickelGrade: 1.53Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.53
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.53 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 1.53 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“1.53”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · cobaltGrade: 0.06Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.06
Grade Unit
%
Intercept
1 m
True Width
0.85 m
From
1589.55 m
To
1590.55 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1589.55-1590.55
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.06 % 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

“0.06”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · copperGrade: 1.23Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.23
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.23 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 5.9 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.23 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.23”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · nickelGrade: 0.54Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.54
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.54 % 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

“0.54”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · cobaltGrade: 0.02Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
4.8 m
True Width
4.7 m
From
1611.9 m
To
1616.7 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1611.9-1616.7
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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: SMD-26-208

includingSelebi Mines Project · copperGrade: 1.09Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.09
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m

Classification

Sample Type
drill
Group ID
including:1614.4-1616.25
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.09 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 2.0 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.09 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.09”

Context: including

includingSelebi Mines Project · nickelGrade: 1.11Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.11
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m

Classification

Sample Type
drill
Group ID
including:1614.4-1616.25
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.11 % nickel is moderate 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

“1.11”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.05Grade Unit: %Intercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
%
Intercept
1.85 m
True Width
1.81 m
From
1614.4 m
To
1616.25 m

Classification

Sample Type
drill
Group ID
including:1614.4-1616.25
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.05 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.05 % 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

“0.05”

Context: including

SMD-26-208Selebi Mines Project · copperGrade: 0.67Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.67
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.67 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 5.0 %·m is below (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

“0.67”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · nickelGrade: 0.67Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.67
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.67 % 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

“0.67”

Context: SMD-26-208

SMD-26-208Selebi Mines Project · cobaltGrade: 0.03Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-208
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
7.45 m
True Width
7.35 m
From
1628.9 m
To
1636.35 m

Classification

Sample Type
drill
Group ID
SMD-26-208:1628.9-1636.35
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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: SMD-26-208

SMD-26-209Selebi Mines Project · copperGrade: 3.09Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
3.09
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 3.09 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 32.1 %·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.09 % copper is exceptional on the default band.

Negative factors

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

Evidence · table

“3.09”

Context: SMD-26-209

SMD-26-209Selebi Mines Project · nickelGrade: 1.83Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.83
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.83 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 1.83 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“1.83”

Context: SMD-26-209

SMD-26-209Selebi Mines Project · cobaltGrade: 0.08Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
SMD-26-209
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
%
Intercept
10.4 m
True Width
10.3 m
From
1768.55 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
SMD-26-209:1768.55-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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

Negative factors

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

Evidence · table

“0.08”

Context: SMD-26-209

includingSelebi Mines Project · copperGrade: 3.45Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
3.45
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m

Classification

Sample Type
drill
Group ID
including:1768.55-1772.2
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 3.45 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 12.6 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.45 % copper is exceptional on the default band.

Negative factors

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

Evidence · table

“3.45”

Context: including

includingSelebi Mines Project · nickelGrade: 1.79Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
1.79
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m

Classification

Sample Type
drill
Group ID
including:1768.55-1772.2
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 1.79 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 1.79 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“1.79”

Context: including

includingSelebi Mines Project · cobaltGrade: 0.08Grade Unit: %Intercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.08
Grade Unit
%
Intercept
3.65 m
True Width
3.61 m
From
1768.55 m
To
1772.2 m

Classification

Sample Type
drill
Group ID
including:1768.55-1772.2
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

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

Negative factors

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

Evidence · table

“0.08”

Context: including

andSelebi Mines Project · copperGrade: 3.27Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines Project
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
3.27
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 3.27 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 19.3 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 3.27 % copper is exceptional on the default band.

Negative factors

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

Evidence · table

“3.27”

Context: and

andSelebi Mines Project · nickelGrade: 2.07Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines Project
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
2.07
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 2.07 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 2.07 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“2.07”

Context: and

andSelebi Mines Project · cobaltGrade: 0.09Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
Selebi Mines Project
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
5.9 m
True Width
5.84 m
From
1773.05 m
To
1778.95 m

Classification

Sample Type
drill
Group ID
and:1773.05-1778.95
Mining Method
underground

Location

CRS
UTM

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

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

Evidence · table

“0.09”

Context: and

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.