# NexMetals Reports 11.05 Metres of 7.31% CuEq in SMD-25-205 Located 130 Metres Down-Dip from the Selebi Main Resource Within the Emerging Selebi Main Flexure Zone

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b

Original source: https://money.tmx.com/en/quote/NEXM/news/5386008082720046/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow

Publisher: tmx

Original announcement: 2026-02-26T21:13:00.000Z

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, Other

- Extracted: 2026-08-21 01:48:04 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NexMetals has reported high-grade drill results from its Selebi Main project in Botswana, highlighted by an 11.05m intercept of 7.31% CuEq in hole SMD-25-205. The drilling confirms a new mineralized flexure zone extending beyond the current resource boundaries.

Reasoning: Significant high-grade copper-nickel intercepts \(7.31% CuEq\) reported in a step-out location \(130m down-dip\) from the existing resource, confirming a new mineralized flexure.

- Positive factor: high-grade intercepts

- Positive factor: step-out extension beyond MRE

- Positive factor: newly interpreted flexure zone

- Positive factor: QA/QC disclosed

Facts used in scoring: 24

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling intersected mineralization 130m down-dip and 685m beyond the current MRE.

Evidence · text

> intersected significant copper-nickel mineralization beyond the current Selebi Main Mineral Resource Estimate

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release details lab \(ALS\), QA/QC methods \(blanks, standards, duplicates\), and QP sign-off.

Evidence · text

> Sample preparation and lab analysis was completed at ALS Geochemistry

## Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

## Drill Results (24)

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-0)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 3
- Grade Unit: %
- Intercept: 11.05 m
- True Width: 10.7 m
- From: 1686.7 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1686.7-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: 3.0% Cu is a strong intercept for a copper-nickel system.

- Positive factor: strong grade

Evidence · table

> 3.00

Context: 11.05

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-1)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.09
- Grade Unit: %
- Intercept: 11.05 m
- True Width: 10.7 m
- From: 1686.7 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1686.7-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: 2.09% Ni is a strong intercept.

- Positive factor: strong grade

Evidence · table

> 2.09

Context: 11.05

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-2)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 11.05 m
- True Width: 10.7 m
- From: 1686.7 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1686.7-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · table

> 0.09

Context: 11.05

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-3)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 3.98
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1692.0-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: high grade

Evidence · table

> 3.98

Context: 5.75

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-4)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.31
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1692.0-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: high grade

Evidence · table

> 2.31

Context: 5.75

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-5)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1692.0-1697.75
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · table

> 0.10

Context: 5.75

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-6)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 3.16
- Grade Unit: %
- Intercept: 1.05 m
- True Width: 1 m
- From: 1708.3 m
- To: 1709.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1708.3-1709.35
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: High grade but very narrow interval.

- Positive factor: high grade

Evidence · table

> 3.16

Context: 1.05

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-7)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.27
- Grade Unit: %
- Intercept: 1.05 m
- True Width: 1 m
- From: 1708.3 m
- To: 1709.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1708.3-1709.35
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: High grade but very narrow interval.

- Positive factor: high grade

Evidence · table

> 2.27

Context: 1.05

### SMD-25-205

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-8)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-205
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 1.05 m
- True Width: 1 m
- From: 1708.3 m
- To: 1709.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-205:1708.3-1709.35
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · table

> 0.10

Context: 1.05

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-9)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 4.29
- Grade Unit: %
- Intercept: 0.85 m
- From: 1855.65 m
- To: 1856.5 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1855.65-1856.5
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: High grade but very narrow interval.

- Positive factor: high grade

Evidence · table

> 4.29

Context: 0.85

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-10)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.95
- Grade Unit: %
- Intercept: 0.85 m
- From: 1855.65 m
- To: 1856.5 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1855.65-1856.5
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Moderate nickel grade in a narrow interval.

Evidence · table

> 0.95

Context: 0.85

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-11)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 0.85 m
- From: 1855.65 m
- To: 1856.5 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1855.65-1856.5
- Mining Method: unknown

#### Location

- Loc. Confidence: high

#### QA/QC

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

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · table

> 0.05

Context: 0.85

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-12)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.63
- Grade Unit: %
- Intercept: 0.35 m
- From: 1852.6 m
- To: 1852.95 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1852.6-1852.95
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.63 % copper is moderate against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.2 %·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

> 0.63

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-13)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.8
- Grade Unit: %
- Intercept: 0.35 m
- From: 1852.6 m
- To: 1852.95 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1852.6-1852.95
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 1.8 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 1.8 % nickel is strong on the default band.

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

Evidence · table

> 1.80

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-14)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 0.35 m
- From: 1852.6 m
- To: 1852.95 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1852.6-1852.95
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % 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

> 0.10

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-15)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.46
- Grade Unit: %
- Intercept: 0.35 m
- From: 1853.95 m
- To: 1854.3 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1853.95-1854.3
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.46 % copper is weak against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.2 %·m is below \(grade alone is weak; the better of the two is used\).

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

Evidence · table

> 0.46

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-16)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.53
- Grade Unit: %
- Intercept: 0.35 m
- From: 1853.95 m
- To: 1854.3 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1853.95-1854.3
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 2.53 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 2.53 % nickel is strong on the default band.

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

Evidence · table

> 2.53

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-17)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 0.35 m
- From: 1853.95 m
- To: 1854.3 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1853.95-1854.3
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.13 % 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

> 0.13

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-18)

Selebi Main · copper

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.47
- Grade Unit: %
- Intercept: 0.35 m
- From: 1858 m
- To: 1858.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1858-1858.35
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 2.47 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.9 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.47 % copper is strong on the default band.

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

Evidence · table

> 2.47

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-19)

Selebi Main · nickel

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 0.35 m
- From: 1858 m
- To: 1858.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1858-1858.35
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.14 % nickel is below against the default band \[3, 1.5, 0.8, 0.3\] %.

- Negative factor: 0.14 % nickel is below the weak threshold \(0.3 %\) on the default band.

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

Evidence · table

> 0.14

Context: SMD-25-204

### SMD-25-204

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-20)

Selebi Main · cobalt

#### Identity

- Hole ID: SMD-25-204
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 0.35 m
- From: 1858 m
- To: 1858.35 m

#### Classification

- Sample Type: drill
- Group ID: SMD-25-204:1858-1858.35
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.01 % 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

> 0.01

Context: SMD-25-204

### Incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-21)

Selebi Main · copper

#### Identity

- Hole ID: Incl.
- Project: Selebi Main
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 3.98
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: Incl.:1692-1697.75
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 3.98 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 22.9 %·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 3.98 % copper is exceptional on the default band.

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

Evidence · table

> 3.98

Context: Incl.

### Incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-22)

Selebi Main · nickel

#### Identity

- Hole ID: Incl.
- Project: Selebi Main
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.31
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: Incl.:1692-1697.75
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 2.31 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 2.31 % nickel is strong on the default band.

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

Evidence · table

> 2.31

Context: Incl.

### Incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-11-05-metres-of-7-31-cueq-in-smd-25-205-located-130-metres-dow--48cdd66c-aca0-4ed8-995e-fa088cd08b1b#fact-drill-facts-23)

Selebi Main · cobalt

#### Identity

- Hole ID: Incl.
- Project: Selebi Main
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 5.75 m
- True Width: 5.6 m
- From: 1692 m
- To: 1697.75 m

#### Classification

- Sample Type: drill
- Group ID: Incl.:1692-1697.75
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % 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

> 0.10

Context: Incl.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.