# NexMetals Reports Final Drill Results from Its 2025 Selebi North Underground Program; Confirms High-Grade Continuity with 18.80 Metres of 4.69% CuEq \(2.10% Cu and 1.26% Ni\)

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10

Original source: https://money.tmx.com/en/quote/NEXM/news/5921358128511119/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro

Publisher: tmx

Original announcement: 2026-04-01T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NexMetals Mining Corp.

- Ticker: NEXM

- Exchange: TSX

- Region: Botswana

- Primary commodity: Copper

- Secondary commodities: Nickel, Cobalt

- Document categories: Drill results

- Extracted: 2026-08-21 00:36:18 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NexMetals has reported final drill results from its 2025 Selebi North underground program, confirming high-grade continuity including 18.80m at 4.69% CuEq. The drilling successfully extended the South Limb mineralization footprint by approximately 315 metres down-plunge.

Reasoning: The results confirm high-grade copper-nickel continuity and extend the known footprint of the South Limb mineralization by ~315m, supporting an upcoming resource update.

- Positive factor: high-grade continuity confirmed

- Positive factor: step-out extension of South Limb mineralization

- Positive factor: improving copper grades down-plunge

- Positive factor: QA/QC disclosed

- Negative factor: true width not explicitly stated for all intercepts

Facts used in scoring: 24

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (24)

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-0)

Selebi North · copper

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.1
- Grade Unit: %
- Intercept: 18.8 m
- From: 724.65 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: 18.8m at 2.1% Cu is a strong intercept for an underground Ni-Cu system.

- Positive factor: strong grade for underground

Evidence · table

> 2.10

Context: 18.80

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-1)

Selebi North · nickel

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.26
- Grade Unit: %
- Intercept: 18.8 m
- From: 724.65 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: 1.26% Ni accompanies high copper grades in a significant interval.

- Positive factor: strong nickel grade

Evidence · table

> 1.26

Context: 18.80

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-2)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 18.8 m
- From: 724.65 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Trace cobalt reported.

Evidence · table

> 0.06

Context: 18.80

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-3)

Selebi North · copper

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.38
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-734.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

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

- Positive factor: high grade sub-interval

Evidence · table

> 2.38

Context: 9.75

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-4)

Selebi North · nickel

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.21
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-734.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

> 1.21

Context: 9.75

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-5)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:724.65-734.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Trace cobalt.

Evidence · table

> 0.06

Context: 9.75

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-6)

Selebi North · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.25
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:737.0-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Very high grade sub-interval \(5.67% CuEq\).

- Positive factor: Bonanza Intercept

Evidence · table

> 2.25

Context: 6.45

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-7)

Selebi North · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.66
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:737.0-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

> 1.66

Context: 6.45

### SNUG-25-197

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-8)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-197
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-197:737.0-743.45
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Trace cobalt.

Evidence · table

> 0.08

Context: 6.45

### SNUG-25-199

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-9)

Selebi North · copper

#### Identity

- Hole ID: SNUG-25-199
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.47
- Grade Unit: %
- Intercept: 3.2 m
- From: 536.2 m
- To: 539.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-199:536.2-539.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 0.47

Context: 3.20

### SNUG-25-199

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-10)

Selebi North · nickel

#### Identity

- Hole ID: SNUG-25-199
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.13
- Grade Unit: %
- Intercept: 3.2 m
- From: 536.2 m
- To: 539.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-199:536.2-539.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 1.13

Context: 3.20

### SNUG-25-199

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-11)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-199
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 3.2 m
- From: 536.2 m
- To: 539.4 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-199:536.2-539.4
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Trace cobalt.

Evidence · table

> 0.06

Context: 3.20

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-12)

Selebi North · copper

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.65
- Grade Unit: %
- Intercept: 1.65 m
- From: 373.9 m
- To: 375.55 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:373.9-375.55
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Narrow high-grade interval.

Evidence · table

> 0.65

Context: 1.65

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-13)

Selebi North · nickel

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.91
- Grade Unit: %
- Intercept: 1.65 m
- From: 373.9 m
- To: 375.55 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:373.9-375.55
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Narrow high-grade interval.

Evidence · table

> 1.91

Context: 1.65

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-14)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1.65 m
- From: 373.9 m
- To: 375.55 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:373.9-375.55
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Narrow interval.

Evidence · table

> 0.12

Context: 1.65

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-15)

Selebi North · copper

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 1.35 m
- From: 633.3 m
- To: 634.65 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:633.3-634.65
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Narrow interval.

Evidence · table

> 0.67

Context: 1.35

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-16)

Selebi North · nickel

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.27
- Grade Unit: %
- Intercept: 1.35 m
- From: 633.3 m
- To: 634.65 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:633.3-634.65
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Narrow interval.

Evidence · table

> 0.27

Context: 1.35

### SNUG-25-200

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-17)

Selebi North · cobalt

#### Identity

- Hole ID: SNUG-25-200
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.01
- Grade Unit: %
- Intercept: 1.35 m
- From: 633.3 m
- To: 634.65 m

#### Classification

- Sample Type: drill
- Group ID: SNUG-25-200:633.3-634.65
- Mining Method: underground

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Trace cobalt.

Evidence · table

> 0.01

Context: 1.35

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-18)

Selebi North · copper

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.38
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: incl.:724.65-734.4
- Mining Method: underground

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 2.38 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 23.2 %·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.38 % copper is strong on the default band.

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

Evidence · table

> 2.38

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-19)

Selebi North · nickel

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.21
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: incl.:724.65-734.4
- Mining Method: underground

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 1.21 % nickel is moderate against the default band \[3, 1.5, 0.8, 0.3\] %.

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

Evidence · table

> 1.21

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-20)

Selebi North · cobalt

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.06
- Grade Unit: %
- Intercept: 9.75 m
- From: 724.65 m
- To: 734.4 m

#### Classification

- Sample Type: drill
- Group ID: incl.:724.65-734.4
- Mining Method: underground

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 % cobalt is below against the default band \[0.5, 0.3, 0.15, 0.08\] %.

- Negative factor: 0.06 % cobalt is below the weak threshold \(0.08 %\) on the default band.

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

Evidence · table

> 0.06

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-21)

Selebi North · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: copper
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 2.25
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: incl.:737-743.45
- Mining Method: underground

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 2.25 % copper is strong against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 14.5 %·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 2.25 % copper is strong on the default band.

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

Evidence · table

> 2.25

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-22)

Selebi North · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: nickel
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 1.66
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: incl.:737-743.45
- Mining Method: underground

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 1.66 % nickel is strong against the default band \[3, 1.5, 0.8, 0.3\] %.

- Positive factor: 1.66 % nickel is strong on the default band.

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

Evidence · table

> 1.66

Context: incl.

### incl.

[Link to this fact](https://atlas-staging.minestarters.com/news/nexmetals-reports-final-drill-results-from-its-2025-selebi-north-underground-pro--23063087-fd6f-4f2c-b013-f25219169b10#fact-drill-facts-23)

Selebi North · cobalt

#### Identity

- Hole ID: incl.
- Project: Selebi North
- Commodity: cobalt
- Region: botswana
- Reported Region: Botswana
- Ticker: NEXM

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 6.45 m
- From: 737 m
- To: 743.45 m

#### Classification

- Sample Type: drill
- Group ID: incl.:737-743.45
- Mining Method: underground

#### Review

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

#### Dates

- Event date: 2026-04-01T00:00:00.000Z

Reasoning: Expanded from assay table. 0.08 % 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

> 0.08

Context: incl.

## How Atlas produces this analysis

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