# NexMetals Reports 7.55 Metres of 6.48% CuEq \(2.70% Cu, 1.83% Ni\) in SMD-26-219, Visual Intercept SMD-26-217 Intersects Three Mineralized Zones and Extends High-Grade Trend to Approximately 1.5 Kilometres Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a Original source: https://www.newsfilecorp.com/release/315566/NexMetals-Reports-7.55-Metres-of-6.48-CuEq-2.70-Cu-1.83-Ni-in-SMD26219-Visual-Intercept-SMD26217-Intersects-Three-Mineralized-Zones-and-Extends-HighGrade-Trend-to-Approximately-1.5-Kilometres Publisher: newsfile Original announcement: 2026-09-23T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-23T11:06:03.846Z Atlas analysis updated: 2026-09-23T11:06:03.846Z - Company: NexMetals Mining Corp. - Ticker: NEXM - Exchange: Unavailable - Region: Botswana - Primary commodity: Copper - Secondary commodities: Nickel, Cobalt - Document categories: Drill results - Extracted: 2026-09-23 11:06:04 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary NexMetals Mining Corp. announced high-grade drill results from hole SMD-26-219 at its Selebi Main deposit in Botswana, including 7.55 metres grading 6.48% CuEq \(2.70% Cu, 1.83% Ni\). This confirms a thick, high-grade massive sulphide intersection and extends the high-grade trend to approximately 1.5 kilometres. Additionally, visual intercepts from drill hole SMD-26-217 extended the trend further and discovered a new third mineralized zone, with assays pending for this hole. Reasoning: NexMetals reported high-grade copper-nickel equivalent drill results from SMD-26-219, confirming significant mineralization. The program also extended the high-grade trend and discovered a new mineralized zone with visual intercepts in SMD-26-217, indicating strong potential for resource growth, although assays for SMD-26-217 are pending. - Positive factor: High-grade copper-nickel equivalent intercepts in SMD-26-219 - Positive factor: Significant extension of the high-grade trend by 100 metres in SMD-26-217 - Positive factor: Discovery of a new Third Zone of massive sulphide mineralization - Positive factor: True width estimates provided for reported intercepts - Positive factor: Detailed QA/QC procedures disclosed, including certified lab and QP sign-off - Positive factor: Metal equivalent assumptions are transparently disclosed - Negative factor: Assays are pending for all intercepts in drill hole SMD-26-217 - Negative factor: Cut-off grades for reported intervals are not disclosed - Negative factor: Cobalt analyses are not consistently available for MRE inclusion Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 63 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 7.55 metres grading 6.48% CuEq \(2.70% Cu, 1.83% Ni\) in SMD-26-219 is exceptionally high-grade, well above the typical thresholds for massive sulphide deposits. Evidence · text > 7.55 metres grading 6.48% CuEq \(2.70% Cu and 1.83% Ni\) **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: The table includes an 'Est. True Thickness' column, providing estimated true widths for the reported intercepts. Evidence · table > Est. True Thickness Context: Length \(m\) **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drill hole SMD-26-217 extended the interpreted High-Grade Trend by approximately 100 metres toward Selebi North, and SMD-26-219 was also a step-out hole. Evidence · text > SMD-26-217 extended the High-Grade Trend by a further 100 metres toward Selebi North **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: The release includes a 'Quality Control and Data Verification' section detailing sample preparation, lab analysis \(ALS Geochemistry\), and insertion of blanks and standards. Evidence · text > Quality Control and Data Verification The program is being executed using three company-owned underground Zinex U5 drills which were converted into surface A5 drills, and two Marcotte HTM2500 drills purchased by the Company capable of drilling to depths of 2,550 metres \(NQ core\). Drill core samples are either NQ \(47.75 mm diameter\) or BQ \(36.40 mm diameter\). All samples are ½ core samples cut by a diamond saw on site and the remaining half of the core is retained for reference purposes. Samples are generally 1.0 to 1.5 metre intervals or less at the discretion of the site geologists. Sample preparation and lab analysis was completed at ALS Geochemistry in Johannesburg, South Africa. Commercially prepared Blank samples and certified Cu/Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples or a minimum of one set per sample batch. Analyses for Ni, Cu and Co are completed using a peroxide fusion preparation and ICP-AES finish \(ME-ICP81\). Analyses for Pt, Pd, and Au are by fire assay \(30 grams nominal sample weight\) with an ICP-AES finish \(PGM-ICP23\). Holes are numbered as follows: SMD \(Selebi Main Deposit\) + year + hole number starting at 201. The Qualified Person has verified the data through contribution to the core handling and sampling procedures, visits to the drill and core processing facilities, monitoring of core logging results and sample selection, review of core assay and QAQC results. **Assays Pending** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: The drill hole SMD-26-217 is reported with visual intercepts, and the table explicitly states 'Assays pending' for its grade columns. Evidence · table > Ap Context: 20.85 **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: The document reports drill intervals and grades but does not state the cut-off grade used for compositing these intervals. Evidence · text > SMD-26-219 returned 7.55 metres grading 6.48% CuEq \(2.70% Cu and 1.83% Ni\) **New Zone Discovery** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Drill hole SMD-26-217 intersected a 'Third Zone of massive sulphide mineralization' for the first time, indicating a new target opportunity. Evidence · text > for the first time, intersecting a Third Zone of massive sulphide mineralization approximately 9 metres below the Lower Zone. ## Extracted facts Stored fact records: 63. Some facts used in scoring do not have a stored record. ## Drill Results (63) ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-0) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 1.48 - Grade Unit: % - Intercept: 19.5 m - True Width: 18.8 m - From: 1858.5 m - To: 1878 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1858.5-1878 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 1.48 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a moderate copper equivalent grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Moderate copper equivalent grade for a massive sulphide deposit - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 1.48 Context: 19.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-1) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.49 - Grade Unit: % - Intercept: 19.5 m - True Width: 18.8 m - From: 1858.5 m - To: 1878 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1858.5-1878 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 1.48 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a weak nickel grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Weak nickel grade for a massive sulphide deposit - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 0.49 Context: 19.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-2) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 19.5 m - True Width: 18.8 m - From: 1858.5 m - To: 1878 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1858.5-1878 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 1.48 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.02 Context: 19.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 18.8 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-3) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.51 - Grade Unit: % - Intercept: 6.8 m - True Width: 6.55 m - From: 1861.2 m - To: 1868 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1861.2-1868 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 2.51 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong copper equivalent grade over a good width, contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Strong copper equivalent grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.51 Context: 6.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-4) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.89 - Grade Unit: % - Intercept: 6.8 m - True Width: 6.55 m - From: 1861.2 m - To: 1868 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1861.2-1868 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 2.51 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a moderate nickel grade over a good width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Moderate nickel grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 0.89 Context: 6.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-5) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.04 - Grade Unit: % - Intercept: 6.8 m - True Width: 6.55 m - From: 1861.2 m - To: 1868 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1861.2-1868 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 2.51 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a good width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.04 Context: 6.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-6) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 6.7 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1681.2-1862.8 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.7 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a narrow width, contributing significantly to the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 6.70 Context: 1.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-7) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.51 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1681.2-1862.8 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a narrow width, contributing to the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.51 Context: 1.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-8) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1681.2-1862.8 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a narrow width, contributing to the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.11 Context: 1.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-9) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 5.36 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1864.2-1864.75 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 5.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a very narrow width, contributing to the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 5.36 Context: 0.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-10) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.57 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1864.2-1864.75 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a very narrow width, with disclosed true width and robust QA/QC, contributing to the high-grade trend. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.57 Context: 0.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-11) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1864.2-1864.75 #### Location - Location: Main Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a very narrow width, with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.10 Context: 0.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-12) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 4.21 - Grade Unit: % - Intercept: 13.5 m - True Width: 13.3 m - From: 1903.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1903.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 4.21 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 4.21 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-13) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 1.22 - Grade Unit: % - Intercept: 13.5 m - True Width: 13.3 m - From: 1903.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1903.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 4.21 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 1.22 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-14) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.05 - Grade Unit: % - Intercept: 13.5 m - True Width: 13.3 m - From: 1903.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1903.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 4.21 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a significant width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Significant intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.05 Context: 13.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 13.3 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-15) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 6.48 - Grade Unit: % - Intercept: 7.55 m - True Width: 7.45 m - From: 1909.2 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1909.2-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.48 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Bonanza Intercept - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 6.48 Context: 7.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-16) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 1.83 - Grade Unit: % - Intercept: 7.55 m - True Width: 7.45 m - From: 1909.2 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1909.2-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.48 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 1.83 Context: 7.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-17) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 7.55 m - True Width: 7.45 m - From: 1909.2 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1909.2-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.48 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a good width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.09 Context: 7.55 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 7.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-18) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 6.17 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.17 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Bonanza Intercept - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 6.17 Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-19) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.02 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.02 Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-20) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a good width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.09 Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-21) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 6.14 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1912.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 6.14 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a narrow width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Bonanza Intercept - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 6.14 Context: 2.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-22) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.1 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1912.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a narrow width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.10 Context: 2.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-23) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1910.15-1912.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a narrow width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Narrow intercept length - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.10 Context: 2.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-24) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 7.02 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1913.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Grade: 7.02 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows an exceptional copper equivalent grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width, transparent metal equivalent assumptions, and robust QA/QC. - Positive factor: Bonanza Intercept - Positive factor: Exceptional copper equivalent grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 7.02 Context: 3.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-25) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.23 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1913.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a strong nickel grade over a good width, confirming significant mineralization and contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC. - Positive factor: Strong nickel grade for a massive sulphide deposit - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed Evidence · table > 2.23 Context: 3.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-219 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-26) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-219 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Hole Depth: 1956.8 m - Intercept Depth: 1858.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-219:1913.25-1916.75 #### Location - Location: Lower Zone - Easting: 582670 - Northing: 7564013.4 - Elevation: 916.2 m - Azimuth: 111 ° - Dip: -75.1 ° - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept shows a low cobalt grade over a good width, contributing to the extension of the high-grade trend with disclosed true width and robust QA/QC, though cobalt's MRE inclusion is limited. - Positive factor: Cobalt grade present as a byproduct - Positive factor: Good intercept length with good true width - Positive factor: Part of a program extending a high-grade trend - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > 0.10 Context: 3.50 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-27) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 20.85 m - True Width: 20.55 m - From: 1920.3 m - To: 1941.15 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1920.3-1941.15 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Significant intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 20.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-28) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 20.85 m - True Width: 20.55 m - From: 1920.3 m - To: 1941.15 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1920.3-1941.15 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Significant intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 20.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-29) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 20.85 m - True Width: 20.55 m - From: 1920.3 m - To: 1941.15 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1920.3-1941.15 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Significant intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 20.85 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 20.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-30) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 0.8 m - True Width: 0.79 m - From: 1931.85 m - To: 1932.65 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1931.85-1932.65 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 0.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-31) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 0.8 m - True Width: 0.79 m - From: 1931.85 m - To: 1932.65 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1931.85-1932.65 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 0.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-32) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 0.8 m - True Width: 0.79 m - From: 1931.85 m - To: 1932.65 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1931.85-1932.65 #### Location - Location: Main Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 0.80 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.79 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-33) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1974.75 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.75-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-34) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1974.75 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.75-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-35) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1974.75 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.75-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-36) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.25 m - True Width: 4.17 m - From: 1974.25 m - To: 1979 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.25-1979 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 4.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-37) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.25 m - True Width: 4.17 m - From: 1974.25 m - To: 1979 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.25-1979 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 4.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-38) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.25 m - True Width: 4.17 m - From: 1974.25 m - To: 1979 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1974.25-1979 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates significant mineralization over a good width, extending the high-grade trend, but the lack of assays reduces confidence in its economic impact. - Positive factor: Good intercept length with good true width - Positive factor: Extends the high-grade trend towards Selebi North - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 4.25 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-39) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 1 m - True Width: 0.98 m - From: 1980.35 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1980.35-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-40) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 1 m - True Width: 0.98 m - From: 1980.35 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1980.35-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-41) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 1 m - True Width: 0.98 m - From: 1980.35 m - To: 1981.35 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1980.35-1981.35 #### Location - Location: Lower Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept indicates mineralization over a very narrow width, but the lack of assays reduces confidence in its economic impact. - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Very narrow intercept length - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 1.00 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.98 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-42) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1994.3 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1994.3-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-43) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1994.3 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1994.3-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-44) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 6.6 m - True Width: 6.4 m - From: 1994.3 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1994.3-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 6.60 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.4 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-45) Selebi Main deposit · copper #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.3 m - True Width: 4.17 m - From: 1996.6 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1996.6-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Positive factor: Metal equivalent assumptions disclosed - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 4.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-46) Selebi Main deposit · nickel #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.3 m - True Width: 4.17 m - From: 1996.6 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1996.6-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed Evidence · table > Ap Context: 4.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### SMD-26-217 [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-47) Selebi Main deposit · cobalt #### Identity - Hole ID: SMD-26-217 - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Intercept: 4.3 m - True Width: 4.17 m - From: 1996.6 m - To: 2000.9 m - Hole Depth: 2050.9 m - Intercept Depth: 1920.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: SMD-26-217:1996.6-2000.9 #### Location - Location: Third Zone - Easting: 582547.6 - Northing: 7564008.4 - Elevation: 919.3 m - Azimuth: 93 ° - Dip: -74 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Geochemistry - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Deleterious - Deleterious Flag: No #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This visual intercept represents the discovery of a new mineralized zone over a good width, indicating potential for expansion, but the lack of assays reduces confidence in its economic impact. - Positive factor: Discovery of a new mineralized zone - Positive factor: Good intercept length with good true width - Positive factor: True width disclosed - Positive factor: QA/QC procedures disclosed - Positive factor: QP signed off on technical information - Negative factor: Assays pending for this intercept - Negative factor: Cut-off grade for interval not disclosed - Negative factor: Cobalt analyses not consistently available for MRE inclusion Evidence · table > Ap Context: 4.30 #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 4.17 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-48) Selebi Main deposit · copper #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 1.53 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Intercept Depth: 1681.2 m #### Classification - Sample Type: drill - Group ID: \*including:1681.2-1862.8 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.7 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 1.53 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 2.4 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 1.53 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.53 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-49) Selebi Main deposit · nickel #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.51 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Intercept Depth: 1681.2 m #### Classification - Sample Type: drill - Group ID: \*including:1681.2-1862.8 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.7 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.51 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %. - Positive factor: 2.51 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.51 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-50) Selebi Main deposit · cobalt #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 1.6 m - True Width: 1.55 m - From: 1681.2 m - To: 1862.8 m - Intercept Depth: 1681.2 m #### Classification - Sample Type: drill - Group ID: \*including:1681.2-1862.8 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.7 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 0.11 % 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 > 0.11 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 1.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-51) Selebi Main deposit · copper #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.06 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Intercept Depth: 1864.2 m #### Classification - Sample Type: drill - Group ID: \*and:1864.2-1864.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 5.36 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 0.06 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 0.0 %·m is below. - Negative factor: 0.06 % copper is below the weak threshold \(0.25 %\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.06 Context: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-52) Selebi Main deposit · nickel #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.57 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Intercept Depth: 1864.2 m #### Classification - Sample Type: drill - Group ID: \*and:1864.2-1864.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 5.36 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.57 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %. - Positive factor: 2.57 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.57 Context: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-53) Selebi Main deposit · cobalt #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 0.55 m - True Width: 0.53 m - From: 1864.2 m - To: 1864.75 m - Intercept Depth: 1864.2 m #### Classification - Sample Type: drill - Group ID: \*and:1864.2-1864.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 5.36 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z 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: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 0.53 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-54) Selebi Main deposit · copper #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.01 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.17 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.01 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 13.3 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 2.01 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.01 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-55) Selebi Main deposit · nickel #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.02 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.17 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.02 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %. - Positive factor: 2.02 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.02 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-56) Selebi Main deposit · cobalt #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.09 - Grade Unit: % - Intercept: 6.6 m - True Width: 6.5 m - From: 1910.15 m - To: 1916.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.17 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 0.09 % cobalt is weak against the default band \[0.5, 0.3, 0.15, 0.08\] %. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.09 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 6.5 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-57) Selebi Main deposit · copper #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 1.81 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1912.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.14 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 1.81 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 4.7 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 1.81 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.81 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-58) Selebi Main deposit · nickel #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.1 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1912.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.14 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.1 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %. - Positive factor: 2.1 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.10 Context: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*including [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-59) Selebi Main deposit · cobalt #### Identity - Hole ID: \*including - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 2.6 m - True Width: 2.55 m - From: 1910.15 m - To: 1912.75 m - Intercept Depth: 1910.15 m #### Classification - Sample Type: drill - Group ID: \*including:1910.15-1912.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 6.14 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z 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: \*including #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 2.55 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-60) Selebi Main deposit · copper #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: copper - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.43 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Intercept Depth: 1913.25 m #### Classification - Sample Type: drill - Group ID: \*and:1913.25-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 7.02 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.43 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 8.5 %·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 2.43 % copper is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.43 Context: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-61) Selebi Main deposit · nickel #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: nickel - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 2.23 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Intercept Depth: 1913.25 m #### Classification - Sample Type: drill - Group ID: \*and:1913.25-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 7.02 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Expanded from assay table. 2.23 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %. - Positive factor: 2.23 % nickel is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.23 Context: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### \*and [Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-7-55-metres-of-6-48-cueq-2-70-cu-1-83-ni-in-smd-26-219-visual--c9c3daa7-ff69-4e98-b4c0-d5c072fea43a#fact-drill-facts-62) Selebi Main deposit · cobalt #### Identity - Hole ID: \*and - Project: Selebi Main deposit - Commodity: cobalt - Region: botswana - Reported Region: botswana - Ticker: NEXM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 3.5 m - True Width: 3.45 m - From: 1913.25 m - To: 1916.75 m - Intercept Depth: 1913.25 m #### Classification - Sample Type: drill - Group ID: \*and:1913.25-1916.75 #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Metal Equivalent - Metal Eq. Grade: 7.02 - Metal Eq. Unit: % Cu-Eq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z 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: \*and #### Tags used in scoring **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: true\_width\_m is 3.45 **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.