NexMetals' Final Analytical Results Confirm Selkirk Copper and Nickel Clean Concentrates Meet Commercial Smelter Specifications

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Silver, Gold, Palladium, Platinum
Document categories
Metallurgy
Extracted
2026-08-20 22:07:57 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. announced final analytical results from a metallurgical test program at its Selkirk Mine in Botswana, confirming the ability to produce clean, high-grade copper and nickel concentrates that meet commercial smelter specifications. The Locked Cycle Test results show very low levels of deleterious elements in both concentrates, which is expected to enhance marketability and improve offtake terms. These positive results de-risk the project and support a potential low-capital restart pathway for Selkirk.

Reasoning: The final analytical results from the Locked Cycle Test confirm that both copper and nickel concentrates meet commercial smelter specifications with very low levels of deleterious elements, enhancing marketability and de-risking the project. While the testwork is bench-scale and based on a single composite, the positive concentrate quality is a significant milestone.

Positive factors

  • clean_concentrate_profile
  • meets_smelter_specifications
  • low_deleterious_elements
  • qp_signed
  • accredited_lab
  • ni_43_101_compliant

Negative factors

  • bench_scale_only
  • single_domain_only

Facts used in scoring: 52

Atlas analysis — NexMetals Mining Corp.: NexMetals' Final Analytical Results Confirm Selkirk Copper and Nickel Clean Concentrates Meet Commercial Smelter Specifications

Classification and evidence

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: All scientific and technical information in this news release has been reviewed and approved by Renee Goold, P. Eng. of Fuse Advisors and Sharon Taylor, VP Geophysics of the Company, MSc, P.Geo, and a 'qualified person' for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.

Evidence · text

“All scientific and technical information in this news release has been reviewed and approved by Renee Goold, P. Eng. of Fuse Advisors and Sharon Taylor, VP Geophysics of the Company, MSc, P.Geo, and a "qualified person" for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.”

NI 43-101 Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The technical information is approved by a 'qualified person' for the purposes of National Instrument 43-101.

Evidence · text

“a "qualified person" for the purposes of National Instrument 43-101”

Clean Concentrate Profilepositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Both the copper and nickel concentrates show very low levels of all deleterious elements, including main determinants such as arsenic, cadmium, mercury, fluorine, lead, zinc, and bismuth, and all of which are below industry-standard penalty thresholds.

Evidence · text

“Both the copper and nickel concentrates show very low levels of all deleterious elements, including main determinants such as arsenic, cadmium, mercury, fluorine, lead, zinc, and bismuth, and all of which are below industry-standard penalty thresholds.”

Meets Smelter Specificationspositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Final assays confirm both concentrates meet industry-standard smelter acceptance criteria, establishing a clear pathway to commercial sales.

Evidence · text

“Final assays confirm both concentrates meet industry-standard smelter acceptance criteria, establishing a clear pathway to commercial sales.”

Accredited Labpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Blue Coast Research and Actlabs are independent laboratories accredited by the Standards Council of Canada to the requirements of ISO/IEC 17025 for specific tests.

Evidence · text

“Blue Coast Research and Actlabs are independent laboratories accredited by the Standards Council of Canada to the requirements of ISO/IEC 17025 for specific tests as listed on their scope of accreditation”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: A Locked Cycle Test (LCT) is an industry-standard bench-scale test designed to simulate the steady-state conditions of a continuous flotation circuit.

Evidence · text

“A Locked Cycle Test (LCT) is an industry-standard bench-scale test designed to simulate the steady-state conditions of a continuous flotation circuit”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: Selected samples were blended to create a master composite representative of grades anticipated in the early years of a conceptual mine plan. This composite formed the basis for metallurgical testwork.

Evidence · text

“Selected samples were blended to create a master composite representative of grades anticipated in the early years of a conceptual mine plan. This composite formed the basis for metallurgical testwork.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Results demonstrate that a conventional sequential flotation flowsheet can effectively generate separate, high-quality copper and nickel concentrates.

Evidence · text

“Results demonstrate that a conventional sequential flotation flowsheet can effectively generate separate, high-quality copper and nickel concentrates”

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: The concentrates contain cobalt, silver, and gold that are expected to be payable, in addition to platinum and palladium.

Evidence · text

“containing cobalt, silver, and gold that are expected to be payable.”

Extracted facts

Stored fact records: 52. Some facts used in scoring do not have a stored record.

Metallurgical Results (52)

locked-cycleSelkirk Mine · nickelHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0.63
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: The nickel content in the copper concentrate is low at 0.63%, indicating good selectivity and meeting commercial smelter specifications for deleterious elements.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“0.63”

Context: Ni

locked-cycleSelkirk Mine · copperHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
30.8
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: The copper concentrate achieved a high grade of 30.8% copper, confirming its commercial viability and meeting smelter specifications.

Positive factors

  • high_concentrate_grade
  • meets_smelter_specifications

Evidence · table

“30.8”

Context: Cu

locked-cycleSelkirk Mine · cobaltHead Grade: 0.01Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.01
Head Grade Unit
%
Conc. Grade
0.036
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Cobalt is present as a payable byproduct in the copper concentrate at 0.036%, with levels below penalty thresholds.

Positive factors

  • payable_byproduct
  • low_deleterious_element_level

Evidence · table

“0.036”

Context: Co

locked-cycleSelkirk Mine · silverHead Grade: 1.26Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
silver
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
1.26
Head Grade Unit
g/t
Conc. Grade
74.1
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Silver is present as a payable byproduct in the copper concentrate at a high grade of 74.1 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“74.1”

Context: Ag

locked-cycleSelkirk Mine · goldHead Grade: 0.04Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
gold
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.04
Head Grade Unit
g/t
Conc. Grade
3.64
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Gold is present as a payable byproduct in the copper concentrate at a high grade of 3.64 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“3.64”

Context: Au

locked-cycleSelkirk Mine · palladiumHead Grade: 0.42Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
palladium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.42
Head Grade Unit
g/t
Conc. Grade
37.7
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Palladium is present as a payable byproduct in the copper concentrate at a high grade of 37.7 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“37.7”

Context: Pd

locked-cycleSelkirk Mine · platinumHead Grade: 0.09Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
platinum
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.09
Head Grade Unit
g/t
Conc. Grade
1.8
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Platinum is present as a payable byproduct in the copper concentrate at a high grade of 1.80 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“1.80”

Context: Pt

locked-cycleSelkirk Mine · arsenicHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
arsenic
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
18
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Arsenic in the copper concentrate is at a very low level of 18 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“18”

Context: As

locked-cycleSelkirk Mine · aluminium oxideHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
aluminium oxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
1.44
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Aluminium oxide in the copper concentrate is at a low level of 1.44%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“1.44”

Context: Al 2 O 3

locked-cycleSelkirk Mine · antimonyHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
antimony
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
22
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Antimony in the copper concentrate is at a very low level of 22 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“22”

Context: Sb

locked-cycleSelkirk Mine · bismuthHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
bismuth
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
41
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Bismuth in the copper concentrate is at a very low level of 41 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“41”

Context: Bi

locked-cycleSelkirk Mine · cadmiumHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
cadmium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
50.3
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Cadmium in the copper concentrate is at a very low level of 50.3 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“50.3”

Context: Cd

locked-cycleSelkirk Mine · chlorineHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
chlorine
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0.01
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Chlorine in the copper concentrate is at a very low level of 0.01%, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“0.01”

Context: Cl

locked-cycleSelkirk Mine · carbonHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
carbon
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0.63
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Total carbon in the copper concentrate is reported at 0.63%.

Evidence · table

“0.63”

Context: C tot

locked-cycleSelkirk Mine · fluorineHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
fluorine
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Fluorine in the copper concentrate is at a very low level of <0.01%, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“< 0.01”

Context: F

locked-cycleSelkirk Mine · iron_oreHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
iron_ore
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
29.95
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Iron content in the copper concentrate is 29.95%.

Evidence · table

“29.95”

Context: Fe

locked-cycleSelkirk Mine · leadHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
lead
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
122
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Lead in the copper concentrate is at a very low level of 122 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“122”

Context: Pb

locked-cycleSelkirk Mine · phosphorusHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
phosphorus
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0.003
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Phosphorus content in the copper concentrate is 0.003%.

Evidence · table

“0.003”

Context: P

locked-cycleSelkirk Mine · magnesium oxideHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
magnesium oxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0.74
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Magnesium oxide in the copper concentrate is at a low level of 0.74%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“0.74”

Context: MgO

locked-cycleSelkirk Mine · mercuryHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
mercury
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
47
Conc. Grade Unit
ppb

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Mercury in the copper concentrate is at a very low level of 47 ppb, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“47”

Context: Hg

locked-cycleSelkirk Mine · molybdenumHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
molybdenum
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
0
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Molybdenum content in the copper concentrate is reported as <1 ppm.

Evidence · table

“<1”

Context: Mo

locked-cycleSelkirk Mine · seleniumHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
selenium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
36
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Selenium in the copper concentrate is at a very low level of 36 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“36”

Context: Se

locked-cycleSelkirk Mine · silicon dioxideHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
silicon dioxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
3.65
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Silicon dioxide in the copper concentrate is at a low level of 3.65%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“3.65”

Context: SiO 2

locked-cycleSelkirk Mine · sulfurHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
sulfur
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
31.99
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Total sulfur content in the copper concentrate is 31.99%.

Evidence · table

“31.99”

Context: S tot

locked-cycleSelkirk Mine · telluriumHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
tellurium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
77
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Tellurium in the copper concentrate is at a very low level of 77 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“77”

Context: Te

locked-cycleSelkirk Mine · zincHead Grade: 0.26Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
zinc
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Copper Concentrate

Recovery

Head Grade
0.26
Head Grade Unit
%
Conc. Grade
2105
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Zinc in the copper concentrate is at a very low level of 2105 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“2105”

Context: Zn

locked-cycleSelkirk Mine · nickelHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
nickel
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
10.8
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: The nickel concentrate achieved a high grade of 10.8% nickel, confirming its commercial viability and meeting smelter specifications.

Positive factors

  • high_concentrate_grade
  • meets_smelter_specifications

Evidence · table

“10.8”

Context: Ni

locked-cycleSelkirk Mine · copperHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
copper
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
1.72
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: The copper content in the nickel concentrate is low at 1.72%, indicating good selectivity and meeting commercial smelter specifications.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“1.72”

Context: Cu

locked-cycleSelkirk Mine · cobaltHead Grade: 0.01Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
cobalt
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.01
Head Grade Unit
%
Conc. Grade
0.62
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Cobalt is present as a payable byproduct in the nickel concentrate at a high grade of 0.62%.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“0.620”

Context: Co

locked-cycleSelkirk Mine · silverHead Grade: 1.26Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
silver
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
1.26
Head Grade Unit
g/t
Conc. Grade
18.9
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Silver is present as a payable byproduct in the nickel concentrate at a high grade of 18.9 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“18.9”

Context: Ag

locked-cycleSelkirk Mine · goldHead Grade: 0.04Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
gold
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.04
Head Grade Unit
g/t
Conc. Grade
0.99
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Gold is present as a payable byproduct in the nickel concentrate at a high grade of 0.99 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“0.99”

Context: Au

locked-cycleSelkirk Mine · palladiumHead Grade: 0.42Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
palladium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.42
Head Grade Unit
g/t
Conc. Grade
6.95
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Palladium is present as a payable byproduct in the nickel concentrate at a high grade of 6.95 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“6.95”

Context: Pd

locked-cycleSelkirk Mine · platinumHead Grade: 0.09Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
platinum
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.09
Head Grade Unit
g/t
Conc. Grade
3.27
Conc. Grade Unit
g/t

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Platinum is present as a payable byproduct in the nickel concentrate at a high grade of 3.27 g/t.

Positive factors

  • payable_byproduct
  • high_concentrate_grade

Evidence · table

“3.27”

Context: Pt

locked-cycleSelkirk Mine · arsenicHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
arsenic
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
51
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Arsenic in the nickel concentrate is at a very low level of 51 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“51”

Context: As

locked-cycleSelkirk Mine · aluminium oxideHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
aluminium oxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
2.67
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Aluminium oxide in the nickel concentrate is at a low level of 2.67%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“2.67”

Context: Al 2 O 3

locked-cycleSelkirk Mine · antimonyHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
antimony
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
59
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Antimony in the nickel concentrate is at a very low level of 59 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“59”

Context: Sb

locked-cycleSelkirk Mine · bismuthHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
bismuth
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
27
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Bismuth in the nickel concentrate is at a very low level of 27 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“27”

Context: Bi

locked-cycleSelkirk Mine · cadmiumHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
cadmium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
15.6
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Cadmium in the nickel concentrate is at a very low level of 15.6 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“15.6”

Context: Cd

locked-cycleSelkirk Mine · chlorineHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
chlorine
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0.02
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Chlorine in the nickel concentrate is at a very low level of 0.02%, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“0.02”

Context: Cl

locked-cycleSelkirk Mine · carbonHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
carbon
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0.21
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Total carbon in the nickel concentrate is reported at 0.21%.

Evidence · table

“0.21”

Context: C tot

locked-cycleSelkirk Mine · fluorineHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
fluorine
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Fluorine in the nickel concentrate is at a very low level of <0.01%, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“< 0.01”

Context: F

locked-cycleSelkirk Mine · iron_oreHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
iron_ore
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
42.37
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Iron content in the nickel concentrate is 42.37%.

Evidence · table

“42.37”

Context: Fe

locked-cycleSelkirk Mine · leadHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
lead
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
78
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Lead in the nickel concentrate is at a very low level of 78 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“78”

Context: Pb

locked-cycleSelkirk Mine · phosphorusHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
phosphorus
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0.002
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Phosphorus content in the nickel concentrate is 0.002%.

Evidence · table

“0,002”

Context: P

locked-cycleSelkirk Mine · magnesium oxideHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
magnesium oxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
1.59
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Magnesium oxide in the nickel concentrate is at a low level of 1.59%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“1.59”

Context: MgO

locked-cycleSelkirk Mine · mercuryHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
mercury
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
137
Conc. Grade Unit
ppb

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Mercury in the nickel concentrate is at a very low level of 137 ppb, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“137”

Context: Hg

locked-cycleSelkirk Mine · molybdenumHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
molybdenum
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Molybdenum content in the nickel concentrate is reported as <1 ppm.

Evidence · table

“<1”

Context: Mo

locked-cycleSelkirk Mine · seleniumHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
selenium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
0
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Selenium in the nickel concentrate is at a very low level of <10 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“<10”

Context: Se

locked-cycleSelkirk Mine · silicon dioxideHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
silicon dioxide
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
6.51
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Silicon dioxide in the nickel concentrate is at a low level of 6.51%, contributing to a clean concentrate profile.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“6.51”

Context: SiO 2

locked-cycleSelkirk Mine · sulfurHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
sulfur
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
32.17
Conc. Grade Unit
%

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Total sulfur content in the nickel concentrate is 32.17%.

Evidence · table

“32.17”

Context: S tot

locked-cycleSelkirk Mine · telluriumHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
tellurium
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
39
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Tellurium in the nickel concentrate is at a very low level of 39 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“39”

Context: Te

locked-cycleSelkirk Mine · zincHead Grade: 0.24Head Grade Unit: %View all details
Link to this fact

Identity

Project
Selkirk Mine
Commodity
zinc
Region
botswana
Reported Region
Botswana
Ticker
NEXM

Test Work

Test Type
locked-cycle
Processing Route
conventional sequential flotation flowsheet
Sample
Nickel Concentrate

Recovery

Head Grade
0.24
Head Grade Unit
%
Conc. Grade
881
Conc. Grade Unit
ppm

Lab

Laboratory
Actlabs and Blue Coast Research

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-04T00:00:00.000Z

Reasoning: Zinc in the nickel concentrate is at a very low level of 881 ppm, well below industry-standard penalty thresholds, enhancing marketability.

Positive factors

  • low_deleterious_element_level
  • below_penalty_thresholds

Evidence · table

“881”

Context: Zn

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.