# NexMetals Metallurgical Assay Results Confirm Clean Copper & Nickel-Cobalt Concentrates from Selebi Mines Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-metallurgical-assay-results-confirm-clean-copper-nickel-cobalt-concent--282d9af7-cf94-454f-89be-a6c5f1f19215 Original source: https://finance.yahoo.com/news/nexmetals-metallurgical-assay-results-confirm-110000565.html Publisher: yahoo\_press Original announcement: 2025-10-22T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-19T08:16:40.880Z Atlas analysis updated: 2026-09-19T08:16:40.880Z - Company: NexMetals Mining Corp. - Ticker: NEXM - Exchange: TSXV - Region: Botswana - Primary commodity: Copper - Secondary commodities: Nickel, Cobalt - Document categories: Metallurgy - Extracted: 2026-09-19 08:16:41 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary NexMetals Mining Corp. has confirmed that metallurgical testwork at the Selebi Mines in Botswana is capable of producing clean, high-grade copper and nickel-cobalt concentrates. The results follow a bulk sample-based metallurgical program previously announced in September 2025. Reasoning: The announcement confirms the successful outcome of a metallurgical test program, validating the project's processing potential, though specific numeric metrics are absent from the text. - Positive factor: confirmed potential for clean, high-grade, saleable concentrates - Positive factor: confirmed ability to produce nickel-cobalt concentrates - Negative factor: results are based on a bulk sample-based program rather than continuous ore testing - Negative factor: specific recovery percentages and concentrate grades are not provided in this headline Facts used in scoring: 3 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The release mentions producing concentrates, implying a milling/concentrator circuit. Evidence · text > produce clean, high-grade, saleable copper and nickel-cobalt concentrates **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Metallurgical Results (3) ### bulk sample [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-metallurgical-assay-results-confirm-clean-copper-nickel-cobalt-concent--282d9af7-cf94-454f-89be-a6c5f1f19215#fact-metallurgical-facts-0) Selebi Mines · copper Historical result Needs review: historical\_restatement #### Identity - Project: Selebi Mines - Commodity: copper - Region: botswana - Reported Region: Botswana - Ticker: NEXM #### Test Work - Program Status: detailed - Test Type: bulk sample - Sample: bulk sample-based metallurgical test program at Selebi Mines #### Recovery - Recovery Basis: actual\_test #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-09-03T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Confirms metallurgical viability for copper, but lacks specific assay/recovery data in the text. - Positive factor: confirmed potential for clean, high-grade, saleable copper concentrates - Negative factor: specific recovery and grade values not disclosed in this release Evidence · text > confirmed the potential to produce clean, high-grade, saleable copper and nickel-cobalt concentrates ### bulk sample [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-metallurgical-assay-results-confirm-clean-copper-nickel-cobalt-concent--282d9af7-cf94-454f-89be-a6c5f1f19215#fact-metallurgical-facts-1) Selebi Mines · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Selebi Mines - Commodity: nickel - Region: botswana - Reported Region: Botswana - Ticker: NEXM #### Test Work - Program Status: detailed - Test Type: bulk sample - Sample: bulk sample-based metallurgical test program at Selebi Mines #### Recovery - Recovery Basis: actual\_test #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-09-03T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Confirms metallurgical viability for nickel, but lacks specific assay/recovery data in the text. - Positive factor: confirmed potential for nickel-cobalt concentrates - Negative factor: specific recovery and grade values not disclosed in this release Evidence · text > confirmed the potential to produce clean, high-grade, saleable copper and nickel-cobalt concentrates ### bulk sample [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-metallurgical-assay-results-confirm-clean-copper-nickel-cobalt-concent--282d9af7-cf94-454f-89be-a6c5f1f19215#fact-metallurgical-facts-2) Selebi Mines · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: Selebi Mines - Commodity: cobalt - Region: botswana - Reported Region: Botswana - Ticker: NEXM #### Test Work - Program Status: detailed - Test Type: bulk sample - Sample: bulk sample-based metallurgical test program at Selebi Mines #### Recovery - Recovery Basis: actual\_test #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-09-03T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Confirms metallurgical viability for cobalt, but lacks specific assay/recovery data in the text. - Positive factor: confirmed potential for nickel-cobalt concentrates - Negative factor: specific recovery and grade values not disclosed in this release Evidence · text > confirmed the potential to produce clean, high-grade, saleable copper and nickel-cobalt concentrates ## 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.