# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277

Original source: https://money.tmx.com/en/quote/NEXM/news/7921097714097685/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09-

Publisher: tmx

Original announcement: 2026-05-07T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NexMetals Mining Corp.

- Ticker: NEXM

- Exchange: TSX

- Region: Botswana

- Primary commodity: Copper

- Secondary commodities: Nickel, Cobalt

- Document categories: Drill results

- Extracted: 2026-08-20 23:24:57 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas 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 factor: Significant step-out extension of mineralization 320 metres beyond the existing MRE boundaries.

- Positive factor: High CuEq grades, with the main intercept in SMD-26-209 showing a strong grade-thickness product.

- Positive factor: True widths are disclosed for all reported intercepts, adding confidence to the results.

- Positive factor: Robust QA/QC procedures are in place, including QP sign-off, certified lab, and insertion of blanks and standards.

- Positive factor: The results are expected to support a significant increase in the upcoming Mineral Resource Estimate.

- Negative factor: 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

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (66)

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-0)

Selebi Mines Project · copper

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Part of a program extending mineralization beyond the MRE.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.76

Context: 16.10

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-1)

Selebi Mines Project · nickel

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Nickel grade is moderate for an underground target.

- Positive factor: Part of a program extending mineralization beyond the MRE.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.50

Context: 16.10

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-2)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Cobalt grade is low.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.02

Context: 16.10

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-3)

Selebi Mines Project · copper

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.86

Context: 13.50

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-4)

Selebi Mines Project · nickel

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Nickel grade is moderate for an underground target.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.56

Context: 13.50

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-5)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Cobalt grade is low.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.02

Context: 13.50

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-6)

Selebi Mines Project · copper

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.10

Context: 9.65

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-7)

Selebi Mines Project · nickel

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Nickel grade is moderate for an underground target.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.55

Context: 9.65

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-8)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Cobalt grade is low.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.02

Context: 9.65

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-9)

Selebi Mines Project · copper

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.42

Context: 4.75

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-10)

Selebi Mines Project · nickel

#### 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 factor: Good intercept length with disclosed true width.

- Positive factor: Nickel grade is moderate for an underground target.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.81

Context: 4.75

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-11)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Cobalt grade is low.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.03

Context: 4.75

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-12)

Selebi Mines Project · copper

#### 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 factor: High CuEq grade for a narrow intercept.

- Positive factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.64

Context: 1.05

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-13)

Selebi Mines Project · nickel

#### 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 factor: Strong nickel grade for an underground target.

- Positive factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.92

Context: 1.05

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-14)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct at a good grade.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.09

Context: 1.05

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-15)

Selebi Mines Project · copper

#### 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 factor: High CuEq grade for a narrow intercept.

- Positive factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.83

Context: 1.00

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-16)

Selebi Mines Project · nickel

#### 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 factor: Strong nickel grade for an underground target.

- Positive factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.84

Context: 1.00

### SMD-25-203

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-17)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.02

Context: 1.00

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-18)

Selebi Mines Project · copper

#### 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 factor: High CuEq grade for a very narrow intercept.

- Positive factor: Disclosed true width.

- Negative factor: Very narrow intercept length.

- Negative factor: Copper grade is significantly below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.17

Context: 0.40

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-19)

Selebi Mines Project · nickel

#### 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 factor: Strong nickel grade for an underground target.

- Positive factor: Disclosed true width.

- Negative factor: Very narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.88

Context: 0.40

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-20)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct at a good grade.

- Negative factor: Very narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.12

Context: 0.40

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-21)

Selebi Mines Project · copper

#### 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 factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.22

Context: 1.85

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-22)

Selebi Mines Project · nickel

#### 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 factor: Nickel grade is moderate for an underground target.

- Positive factor: Disclosed true width.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.58

Context: 1.85

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-23)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.02

Context: 1.85

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-24)

Selebi Mines Project · copper

#### 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 factor: High CuEq grade for a very narrow intercept.

- Positive factor: Disclosed true width.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Very narrow intercept length.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.02

Context: 0.50

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-25)

Selebi Mines Project · nickel

#### 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 factor: Nickel grade is moderate for an underground target.

- Positive factor: Disclosed true width.

- Positive factor: Sub-interval of a longer intercept, indicating higher grade within.

- Negative factor: Very narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.96

Context: 0.50

### SMD-25-207

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-26)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct.

- Negative factor: Very narrow intercept length.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.04

Context: 0.50

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-27)

Selebi Mines Project · copper

#### 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 factor: Good CuEq grade for a moderate intercept length.

- Positive factor: Disclosed true width.

- Negative factor: Copper grade is below the weak threshold for underground mining.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.95

Context: 3.70

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-28)

Selebi Mines Project · nickel

#### 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 factor: Strong nickel grade for an underground target.

- Positive factor: Disclosed true width.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 1.32

Context: 3.70

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-29)

Selebi Mines Project · cobalt

#### 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 factor: Cobalt is present as a byproduct at a good grade.

- Negative factor: Specific cut-off grade for compositing not disclosed.

Evidence · table

> 0.06

Context: 3.70

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-30)

Selebi Mines Project · copper

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

Evidence · table

> 0.86

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-31)

Selebi Mines Project · nickel

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

Evidence · table

> 0.56

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-32)

Selebi Mines Project · cobalt

#### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.02

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-33)

Selebi Mines Project · copper

#### 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 factor: 1.1 % copper is strong on the default band.

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

Evidence · table

> 1.10

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-34)

Selebi Mines Project · nickel

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

Evidence · table

> 0.55

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-35)

Selebi Mines Project · cobalt

#### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.02

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-36)

Selebi Mines Project · copper

#### 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 factor: 1.42 % copper is strong on the default band.

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

Evidence · table

> 1.42

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-37)

Selebi Mines Project · nickel

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

Evidence · table

> 0.81

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-38)

Selebi Mines Project · cobalt

#### 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 factor: 0.03 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.03

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-39)

Selebi Mines Project · copper

#### 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 factor: 1.02 % copper is strong on the default band.

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

Evidence · table

> 1.02

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-40)

Selebi Mines Project · nickel

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

Evidence · table

> 0.96

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-41)

Selebi Mines Project · cobalt

#### 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 factor: 0.04 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.04

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-42)

Selebi Mines Project · copper

#### 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 factor: 2.5 % copper is exceptional on the default band.

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

Evidence · table

> 2.50

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-43)

Selebi Mines Project · nickel

#### 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 factor: 2.13 % nickel is strong on the default band.

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

Evidence · table

> 2.13

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-44)

Selebi Mines Project · cobalt

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

Evidence · table

> 0.09

Context: including

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-45)

Selebi Mines Project · copper

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

Evidence · table

> 0.94

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-46)

Selebi Mines Project · nickel

#### 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 factor: 1.53 % nickel is strong on the default band.

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

Evidence · table

> 1.53

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-47)

Selebi Mines Project · cobalt

#### 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 factor: 0.06 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.06

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-48)

Selebi Mines Project · copper

#### 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 factor: 1.23 % copper is strong on the default band.

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

Evidence · table

> 1.23

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-49)

Selebi Mines Project · nickel

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

Evidence · table

> 0.54

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-50)

Selebi Mines Project · cobalt

#### 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 factor: 0.02 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.02

Context: SMD-26-208

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-51)

Selebi Mines Project · copper

#### 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 factor: 1.09 % copper is strong on the default band.

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

Evidence · table

> 1.09

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-52)

Selebi Mines Project · nickel

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

Evidence · table

> 1.11

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-53)

Selebi Mines Project · cobalt

#### 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 factor: 0.05 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.05

Context: including

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-54)

Selebi Mines Project · copper

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

Evidence · table

> 0.67

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-55)

Selebi Mines Project · nickel

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

Evidence · table

> 0.67

Context: SMD-26-208

### SMD-26-208

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-56)

Selebi Mines Project · cobalt

#### 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 factor: 0.03 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.03

Context: SMD-26-208

### SMD-26-209

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-57)

Selebi Mines Project · copper

#### 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 factor: 3.09 % copper is exceptional on the default band.

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

Evidence · table

> 3.09

Context: SMD-26-209

### SMD-26-209

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-58)

Selebi Mines Project · nickel

#### 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 factor: 1.83 % nickel is strong on the default band.

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

Evidence · table

> 1.83

Context: SMD-26-209

### SMD-26-209

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-59)

Selebi Mines Project · cobalt

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

Evidence · table

> 0.08

Context: SMD-26-209

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-60)

Selebi Mines Project · copper

#### 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 factor: 3.45 % copper is exceptional on the default band.

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

Evidence · table

> 3.45

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-61)

Selebi Mines Project · nickel

#### 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 factor: 1.79 % nickel is strong on the default band.

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

Evidence · table

> 1.79

Context: including

### including

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-62)

Selebi Mines Project · cobalt

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

Evidence · table

> 0.08

Context: including

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-63)

Selebi Mines Project · copper

#### 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 factor: 3.27 % copper is exceptional on the default band.

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

Evidence · table

> 3.27

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-64)

Selebi Mines Project · nickel

#### 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 factor: 2.07 % nickel is strong on the default band.

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

Evidence · table

> 2.07

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-expands-the-selebi-system-intersecting-10-40-metres-of-6-82-cueq-3-09--e9cef18e-7632-4d88-93b8-9552687ce277#fact-drill-facts-65)

Selebi Mines Project · cobalt

#### 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 factor: 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.