NexMetals Reports 11.15 Metres of 7.65% CuEq (3.10% Cu, 2.21% Ni) at Selebi Main, Highlighting a Kilometre-Scale Trend of Thick, High-Grade Massive Sulphides

Original announcement by tmx on

Company
NexMetals Mining Corp.
Ticker
NEXM
Exchange
TSX
Region
Botswana
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt
Document categories
Drill results
Extracted
2026-08-20 20:07:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexMetals Mining Corp. reported significant drill results from its Selebi Main deposit in Botswana, including 11.15 metres grading 7.65% CuEq (3.10% Cu, 2.21% Ni) in hole SMD-26-212-W1. These high-grade intercepts extend mineralization beyond the 2024 Mineral Resource Estimate, defining a new kilometre-scale trend. The company's exploration model is validated, with a 2026 MRE on track for Q3 2026.

Reasoning: NexMetals reported multiple thick, high-grade copper-nickel intercepts, including 11.15 metres at 7.65% CuEq, which extend the known mineralization beyond the previous resource estimate and validate the company's data-driven exploration model. The results define a new kilometre-scale trend at the Selebi Main deposit.

Positive factors

  • high_grades
  • thick_intercepts
  • extension_of_mineralization
  • validation_of_exploration_model
  • qp_signed
  • qaqc_disclosed
  • true_width_disclosed

Negative factors

  • inconsistent_cobalt_data
  • cut_off_undisclosed

Facts used in scoring: 36

Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

Drill Results (36)

SMD-26-210Selebi Main · copperGrade: 1.85Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
1.85
Grade Unit
%
Intercept
4.1 m
True Width
4.05 m
From
1681.5 m
To
1685.6 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1685.60
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
6.23
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Exceptional copper equivalent grade of 6.23% over a moderate length of 4.10m, representing a significant high-grade intercept.

Positive factors

  • exceptional_grade
  • moderate_length
  • step_out_extension
  • metal_equivalent_assumptions_disclosed

Evidence · table

“6.23”

Context: 4.10

SMD-26-210Selebi Main · nickelGrade: 2.13Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
2.13
Grade Unit
%
Intercept
4.1 m
True Width
4.05 m
From
1681.5 m
To
1685.6 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1685.60
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Strong nickel grade of 2.13% over a moderate length of 4.10m, contributing to the extension of mineralization.

Positive factors

  • strong_grade
  • moderate_length
  • step_out_extension

Evidence · table

“2.13”

Context: 4.10

SMD-26-210Selebi Main · cobaltGrade: 0.09Grade Unit: %Intercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
4.1 m
True Width
4.05 m
From
1681.5 m
To
1685.6 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1685.60
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Weak cobalt grade of 0.09% over a moderate length of 4.10m.

Positive factors

  • moderate_length
  • step_out_extension

Negative factors

  • weak_grade

Evidence · table

“0.09”

Context: 4.10

SMD-26-210Selebi Main · copperIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1684.40
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.16
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Exceptional copper equivalent grade of 7.16% over a narrow length of 2.90m, representing a significant high-grade sub-interval.

Positive factors

  • exceptional_grade
  • narrow_length
  • step_out_extension
  • metal_equivalent_assumptions_disclosed

Evidence · table

“7.16”

Context: 2.90

SMD-26-210Selebi Main · nickelGrade: 2.35Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
2.35
Grade Unit
%
Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1684.40
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Strong nickel grade of 2.35% over a narrow length of 2.90m, part of a sub-interval.

Positive factors

  • strong_grade
  • narrow_length
  • step_out_extension

Evidence · table

“2.35”

Context: 2.90

SMD-26-210Selebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-210
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.1
Grade Unit
%
Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m
Hole Depth
1717.6 m
Intercept Depth
1681.5 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-210:1681.50-1684.40
Mining Method
underground

Location

Easting
582807.4
Northing
7563850.3
Elevation
901.2 m
Azimuth
115.2 °
Dip
-74.4 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Weak cobalt grade of 0.10% over a narrow length of 2.90m, part of a sub-interval.

Positive factors

  • narrow_length
  • step_out_extension

Negative factors

  • weak_grade

Evidence · table

“0.10”

Context: 2.90

SMD-26-212-W1Selebi Main · copperGrade: 3.09Grade Unit: %Intercept: 11.15 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
3.09
Grade Unit
%
Intercept
11.15 m
True Width
11.15 m
From
1520.1 m
To
1531.25 m
Hole Depth
1636.2 m
Intercept Depth
1520.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1520.10-1531.25
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
7.65
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Exceptional copper equivalent grade of 7.65% over a moderate length of 11.15m, representing a significant high-grade intercept.

Positive factors

  • exceptional_grade
  • moderate_length
  • step_out_extension
  • metal_equivalent_assumptions_disclosed

Evidence · table

“7.65”

Context: 11.15

SMD-26-212-W1Selebi Main · nickelGrade: 2.21Grade Unit: %Intercept: 11.15 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
2.21
Grade Unit
%
Intercept
11.15 m
True Width
11.15 m
From
1520.1 m
To
1531.25 m
Hole Depth
1636.2 m
Intercept Depth
1520.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1520.10-1531.25
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Strong nickel grade of 2.21% over a moderate length of 11.15m, contributing to the extension of mineralization.

Positive factors

  • strong_grade
  • moderate_length
  • step_out_extension

Evidence · table

“2.21”

Context: 11.15

SMD-26-212-W1Selebi Main · cobaltGrade: 0.09Grade Unit: %Intercept: 11.15 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.09
Grade Unit
%
Intercept
11.15 m
True Width
11.15 m
From
1520.1 m
To
1531.25 m
Hole Depth
1636.2 m
Intercept Depth
1520.1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1520.10-1531.25
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Weak cobalt grade of 0.09% over a moderate length of 11.15m.

Positive factors

  • moderate_length
  • step_out_extension

Negative factors

  • weak_grade

Evidence · table

“0.09”

Context: 11.15

SMD-26-212-W1Selebi Main · copperGrade: 0.93Grade Unit: %Intercept: 13.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.93
Grade Unit
%
Intercept
13.45 m
True Width
13.45 m
From
1538.55 m
To
1552 m
Hole Depth
1636.2 m
Intercept Depth
1538.55 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1538.55-1552.00
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.14
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Weak copper equivalent grade of 2.14% over a strong length of 13.45m.

Positive factors

  • strong_length
  • step_out_extension
  • metal_equivalent_assumptions_disclosed

Negative factors

  • weak_grade

Evidence · table

“2.14”

Context: 13.45

SMD-26-212-W1Selebi Main · nickelGrade: 0.59Grade Unit: %Intercept: 13.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.59
Grade Unit
%
Intercept
13.45 m
True Width
13.45 m
From
1538.55 m
To
1552 m
Hole Depth
1636.2 m
Intercept Depth
1538.55 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1538.55-1552.00
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Moderate nickel grade of 0.59% over a strong length of 13.45m, contributing to the extension of mineralization.

Positive factors

  • strong_length
  • step_out_extension

Negative factors

  • moderate_grade

Evidence · table

“0.59”

Context: 13.45

SMD-26-212-W1Selebi Main · cobaltGrade: 0.03Grade Unit: %Intercept: 13.45 mView all details
Link to this fact

Identity

Hole ID
SMD-26-212-W1
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.03
Grade Unit
%
Intercept
13.45 m
True Width
13.45 m
From
1538.55 m
To
1552 m
Hole Depth
1636.2 m
Intercept Depth
1538.55 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SMD-26-212-W1:1538.55-1552.00
Mining Method
underground

Location

Easting
582754.9
Northing
7563356.4
Elevation
903.5 m
Azimuth
120.9 °
Dip
-72.1 °
Loc. Confidence
high

QA/QC

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

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Weak cobalt grade of 0.03% over a strong length of 13.45m.

Positive factors

  • strong_length
  • step_out_extension

Negative factors

  • weak_grade

Evidence · table

“0.03”

Context: 13.45

includingSelebi Main · copperGrade: 2.32Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
2.32
Grade Unit
%
Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1681.5-1684.4
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 2.32 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 6.7 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.32 % copper is strong on the default band.

Negative factors

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

Evidence · table

“2.32”

Context: including

includingSelebi Main · nickelGrade: 2.35Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
2.35
Grade Unit
%
Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1681.5-1684.4
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 2.35 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 2.35 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“2.35”

Context: including

includingSelebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.1
Grade Unit
%
Intercept
2.9 m
True Width
2.85 m
From
1681.5 m
To
1684.4 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1681.5-1684.4
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

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

Evidence · table

“0.10”

Context: including

includingSelebi Main · copperGrade: 1.31Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
1.31
Grade Unit
%
Intercept
4 m
True Width
4 m
From
1539 m
To
1543 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1539-1543
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.31 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 5.2 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.31 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.31”

Context: including

includingSelebi Main · nickelGrade: 1.12Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
1.12
Grade Unit
%
Intercept
4 m
True Width
4 m
From
1539 m
To
1543 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1539-1543
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.12 % nickel is moderate against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

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

Evidence · table

“1.12”

Context: including

includingSelebi Main · cobaltGrade: 0.05Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.05
Grade Unit
%
Intercept
4 m
True Width
4 m
From
1539 m
To
1543 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1539-1543
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

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

Negative factors

  • 0.05 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.05”

Context: including

SMD-26-213Selebi Main · copperGrade: 0.49Grade Unit: %Intercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.49
Grade Unit
%
Intercept
2.8 m
True Width
2.65 m
From
1887.8 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1887.8-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.49 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 1.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

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

Evidence · table

“0.49”

Context: SMD-26-213

SMD-26-213Selebi Main · nickelGrade: 1.59Grade Unit: %Intercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
1.59
Grade Unit
%
Intercept
2.8 m
True Width
2.65 m
From
1887.8 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1887.8-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.59 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 1.59 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“1.59”

Context: SMD-26-213

SMD-26-213Selebi Main · cobaltGrade: 0.07Grade Unit: %Intercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
%
Intercept
2.8 m
True Width
2.65 m
From
1887.8 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1887.8-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.07 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.07”

Context: SMD-26-213

includingSelebi Main · copperGrade: 0.74Grade Unit: %Intercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
0.74
Grade Unit
%
Intercept
1.75 m
True Width
1.65 m
From
1888.85 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1888.85-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.74 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 1.3 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“0.74”

Context: including

includingSelebi Main · nickelGrade: 2.31Grade Unit: %Intercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
2.31
Grade Unit
%
Intercept
1.75 m
True Width
1.65 m
From
1888.85 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1888.85-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

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

Positive factors

  • 2.31 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“2.31”

Context: including

includingSelebi Main · cobaltGrade: 0.1Grade Unit: %Intercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.1
Grade Unit
%
Intercept
1.75 m
True Width
1.65 m
From
1888.85 m
To
1890.6 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1888.85-1890.6
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % cobalt is weak against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

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

Evidence · table

“0.10”

Context: including

SMD-26-213Selebi Main · copperGrade: 1.35Grade Unit: %Intercept: 22.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
1.35
Grade Unit
%
Intercept
22.9 m
True Width
21.9 m
From
1917 m
To
1939.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1917-1939.9
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.35 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 30.9 %·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 1.35 % copper is strong on the default band.

Negative factors

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

Evidence · table

“1.35”

Context: SMD-26-213

SMD-26-213Selebi Main · nickelGrade: 0.81Grade Unit: %Intercept: 22.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.81
Grade Unit
%
Intercept
22.9 m
True Width
21.9 m
From
1917 m
To
1939.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1917-1939.9
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.81 % nickel is moderate against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

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

Evidence · table

“0.81”

Context: SMD-26-213

SMD-26-213Selebi Main · cobaltGrade: 0.04Grade Unit: %Intercept: 22.9 mView all details
Link to this fact

Identity

Hole ID
SMD-26-213
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.04
Grade Unit
%
Intercept
22.9 m
True Width
21.9 m
From
1917 m
To
1939.9 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-213:1917-1939.9
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

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

Negative factors

  • 0.04 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.04”

Context: SMD-26-213

includingSelebi Main · copperGrade: 2.52Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
2.52
Grade Unit
%
Intercept
7.45 m
True Width
7.1 m
From
1921.55 m
To
1929 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1921.55-1929
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 2.52 % copper is exceptional against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 18.8 %·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 2.52 % copper is exceptional on the default band.

Negative factors

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

Evidence · table

“2.52”

Context: including

includingSelebi Main · nickelGrade: 1.54Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
1.54
Grade Unit
%
Intercept
7.45 m
True Width
7.1 m
From
1921.55 m
To
1929 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1921.55-1929
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.54 % nickel is strong against the default band [3, 1.5, 0.8, 0.3] %.

Positive factors

  • 1.54 % nickel is strong on the default band.

Negative factors

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

Evidence · table

“1.54”

Context: including

includingSelebi Main · cobaltGrade: 0.07Grade Unit: %Intercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
including
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
%
Intercept
7.45 m
True Width
7.1 m
From
1921.55 m
To
1929 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
including:1921.55-1929
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.07 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.07”

Context: including

SMD-26-214Selebi Main · copperGrade: 2.11Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
2.11
Grade Unit
%
Intercept
0.8 m
True Width
0.65 m
From
1703.2 m
To
1704 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1703.2-1704
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 2.11 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 1.7 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.11 % copper is strong on the default band.

Negative factors

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

Evidence · table

“2.11”

Context: SMD-26-214

SMD-26-214Selebi Main · nickelGrade: 0.07Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.07
Grade Unit
%
Intercept
0.8 m
True Width
0.65 m
From
1703.2 m
To
1704 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1703.2-1704
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 % nickel is below against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • 0.07 % nickel is below the weak threshold (0.3 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.07”

Context: SMD-26-214

SMD-26-214Selebi Main · cobaltGrade: 0.01Grade Unit: %Intercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.01
Grade Unit
%
Intercept
0.8 m
True Width
0.65 m
From
1703.2 m
To
1704 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1703.2-1704
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

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

Negative factors

  • 0.01 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.01”

Context: SMD-26-214

SMD-26-214Selebi Main · copperGrade: 2.03Grade Unit: %Intercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
copper
Ticker
NEXM

Geometry

Grade
2.03
Grade Unit
%
Intercept
1.55 m
True Width
1.4 m
From
1720.4 m
To
1721.95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1720.4-1721.95
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 2.03 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 3.1 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.03 % copper is strong on the default band.

Negative factors

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

Evidence · table

“2.03”

Context: SMD-26-214

SMD-26-214Selebi Main · nickelGrade: 0.27Grade Unit: %Intercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
nickel
Ticker
NEXM

Geometry

Grade
0.27
Grade Unit
%
Intercept
1.55 m
True Width
1.4 m
From
1720.4 m
To
1721.95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1720.4-1721.95
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.27 % nickel is below against the default band [3, 1.5, 0.8, 0.3] %.

Negative factors

  • 0.27 % nickel is below the weak threshold (0.3 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.27”

Context: SMD-26-214

SMD-26-214Selebi Main · cobaltGrade: 0.02Grade Unit: %Intercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
SMD-26-214
Project
Selebi Main
Commodity
cobalt
Ticker
NEXM

Geometry

Grade
0.02
Grade Unit
%
Intercept
1.55 m
True Width
1.4 m
From
1720.4 m
To
1721.95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
SMD-26-214:1720.4-1721.95
Mining Method
underground

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % cobalt is below against the default band [0.5, 0.3, 0.15, 0.08] %.

Negative factors

  • 0.02 % cobalt is below the weak threshold (0.08 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: SMD-26-214

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.