# NXM: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142891 Publisher: asx Original announcement: 2026-09-23T06:40:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-23T07:07:05.422Z Atlas analysis updated: 2026-09-23T07:07:05.422Z - Company: Nexus Minerals Limited - Ticker: NXM - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: Copper, Lithium, Caesium, Tantalum, Tin - Document categories: Drill results, Resource update, Other, Metallurgy - Extracted: 2026-09-23 07:07:06 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Nexus Minerals Limited reported a significant increase in its Wallbrook Gold Project Mineral Resource, growing by 108% to 631,000 ounces of gold, including maiden resources for the Payns and Branches deposits. The company also announced numerous high-grade drill intercepts from its Crusader, Templar, and Payns prospects, and completed the acquisition of 100% ownership of the Pinnacles Gold Project. These developments highlight substantial growth in the company's gold assets and de-risking efforts, despite reporting a net loss for the financial year. Reasoning: Nexus Minerals Limited reported a substantial 108% increase in its Wallbrook Gold Project Mineral Resource, including maiden resources for two new deposits, and high-grade drill intercepts, alongside securing 100% ownership of the Pinnacles Gold Project, indicating significant project advancement and growth in gold ounces. However, the financial performance shows a net loss and decreased cash, and the resource update involved a lower cut-off grade and higher gold price assumption for pit shell optimization. - Positive factor: significant\_resource\_growth - Positive factor: maiden\_resource\_estimates - Positive factor: high\_grade\_intercepts - Positive factor: increased\_ownership - Positive factor: advanced\_studies\_for\_development - Negative factor: financial\_losses - Negative factor: decrease\_in\_cash\_reserves - Negative factor: cut\_off\_grade\_lowered\_for\_open\_pit - Negative factor: higher\_gold\_price\_assumption\_for\_pit\_shells - Negative factor: large\_inferred\_component\_in\_new\_resources - Negative factor: apparent\_width\_only\_for\_drill\_intercepts - Negative factor: stale\_resource\_estimate\_for\_pinnacles Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 127 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: The Wallbrook Gold Project Mineral Resource increased by 108% from 304,000oz to 631,000oz. Evidence · text > This represents a 108% increase on the previous Wallbrook Mineral Resource of 5.67Mt at 1.7g/t Au for 304,000oz **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The Payns and Branches deposits contributed maiden Mineral Resource estimates to the Wallbrook project. Evidence · text > Payns \(maiden, Inferred\): 1.2Mt at 1.3g/t Au for 50,000oz **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The Payns and Branches deposits contributed maiden Mineral Resource estimates to the Wallbrook project. Evidence · text > Branches \(maiden, Inferred\): 1.3Mt at 1.1g/t Au for 48,000oz **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: The Group Mineral Resource now has 35% in the Indicated Category, and Crusader-Templar includes 207,000oz Indicated. Evidence · text > 35% of which is in the Indicated Category **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The Wallbrook MRE was prepared by Mr Jeremy Clark, a Competent Person and member of the Australian Institute of Geoscientists. Evidence · text > The information was compiled by Mr Jeremy Clark, a Competent Person who is a member of the Australian Institute of Geoscientists. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The Pinnacles MRE was compiled by Mr Mark Drabble, a Competent Person and member of The Australian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. Evidence · text > The information was compiled by Mr Mark Drabble, a Competent Person who is a member of The Australian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Wallbrook Mineral Resource Estimate has been reported in accordance with the JORC Code, 2012 Edition. Evidence · text > reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC Code, 2012 Edition\) **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Pinnacles Gold Deposit JORC 2012 Combined Mineral Resource Estimate is explicitly stated as JORC 2012 compliant. Evidence · text > Pinnacles Gold Deposit JORC 2012 Combined Mineral Resource Estimate **Cut-off Lowered** Polarity: negative Definition: Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation. Why it applies: The open-pit mineral resources are reported at a 0.3g/t Au cut-off, which is lower than the previous MRE's 0.4g/t cut-off. Evidence · text > open-pit mineral resources are reported at a 0.3g/t Au cut-off consistent with the increased gold price assumption used \(previous MRE ASX:NXM 1/05/2024 reported at 0.4g/t cut-off within A$3,950/oz optimised pit shells\) **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The Pinnacles Mineral Resource estimate has an effective date of 27 February 2020, which is more than 2 years old. Evidence · text > Pinnacles Gold Project, taking its ownership of Pinnacles to 100%. Pinnacles hosts a high-grade Mineral Resource of 609,000t at 4.0g/t Au for 78,000oz \(ASX: NXM 27/2/2020\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Payns deposit is classified entirely as Inferred, and Branches is classified entirely as Inferred. Evidence · text > Payns is classified entirely as Inferred **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Payns deposit is classified entirely as Inferred, and Branches is classified entirely as Inferred. Evidence · text > Branches is classified entirely as Inferred **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 3m at 18.75g/t Au is well above the exceptional threshold for gold. Evidence · text > 3m at 18.75g/t Au **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 1m at 41.27g/t Au is well above the exceptional threshold for gold. Evidence · text > 1m at 41.27g/t Au **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 1m at 34.77g/t Au is well above the exceptional threshold for gold. Evidence · text > 1m at 34.77g/t Au **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Mineralisation at Crusader–Templar is open along strike and down-plunge, providing scope for extension. Evidence · text > Mineralisation at Crusader–Templar is open along strike and down-plunge of the higher-grade structures. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Mineralisation at Payns remains open along strike and at depth, supporting potential for lateral and vertical growth. Evidence · text > Mineralisation remains open along strike and at depth, supporting the potential for both lateral and vertical growth. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The mineralised trend at Branches is open to the south and at depth, indicating further opportunities for future growth. Evidence · text > leaving the mineralised trend open to the south and at depth. **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 report includes Competent Person statements for exploration results, indicating QA/QC disclosure. Evidence · text > The information in this release that relates to Exploration Results is based on, and fairly represents, information and supporting documentation, prepared, compiled or reviewed by Mr Adam James, who is a Member of the Australasian Institute of Mining and Metallurgy. **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) ## Extracted facts Stored fact records: 127. Some facts used in scoring do not have a stored record. ## Drill Results (118) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-8) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.52 - Grade Unit: g/t - Intercept: 13 m - From: 124 m - To: 137 m - Intercept Depth: 124 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:124-137 #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Crusader is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 13m at 4.52g/t Au from 124m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-9) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 18.75 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Crusader is highly positive, confirming high-grade mineralization, but its narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 18.75g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-10) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.73 - Grade Unit: g/t - Intercept: 10 m - From: 194 m - To: 204 m - Intercept Depth: 194 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:194-204 #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Crusader is a good result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 10m at 2.73g/t Au from 194m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-11) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 8.09 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Crusader is very positive, confirming high-grade mineralization, but its narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 8.09g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-12) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 15.44 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Crusader is highly positive, confirming very high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 15.44g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-13) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.11 - Grade Unit: g/t - Intercept: 18 m - From: 192 m - To: 210 m - Intercept Depth: 192 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:192-210 #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Crusader is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 18m at 1.11g/t Au from 192m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-14) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 7.4 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Crusader is very positive, confirming high-grade mineralization, but its narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 7.40g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-15) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.26 - Grade Unit: g/t - Intercept: 20 m - From: 95 m - To: 115 m - Intercept Depth: 95 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:95-115 #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Crusader is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 20m at 1.26g/t Au from 95m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-16) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.56 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Crusader is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 3.56g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-17) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 8.51 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Crusader is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 8.51g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-18) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.58 - Grade Unit: g/t - Intercept: 8 m - From: 82 m - To: 90 m - Intercept Depth: 82 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:82-90 #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Crusader is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 8m at 1.58g/t Au from 82m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-19) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 11.54 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Crusader - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Crusader is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 11.54g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-20) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.39 - Grade Unit: g/t - Intercept: 23 m - From: 48 m - To: 71 m - Intercept Depth: 48 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:48-71 #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Templar is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 23m at 2.39g/t Au from 48m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 14 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-21) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 7.53 - Grade Unit: g/t - Intercept: 7 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Templar is very positive, confirming high-grade mineralization, but its lack of true width is noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 7m at 7.53g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-22) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 41.27 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Templar is exceptionally positive, confirming very high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 41.27g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 16 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-23) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.17 - Grade Unit: g/t - Intercept: 11 m - From: 51 m - To: 62 m - Intercept Depth: 51 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:51-62 #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Templar is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 11m at 3.17g/t Au from 51m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 17 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-24) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.63 - Grade Unit: g/t - Intercept: 6 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Templar is very positive, confirming high-grade mineralization, but its lack of true width is noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 5.63g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 18 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-25) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 15.29 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Templar is highly positive, confirming very high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 15.29g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 19 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-26) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.83 - Grade Unit: g/t - Intercept: 8 m - From: 40 m - To: 48 m - Intercept Depth: 40 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:40-48 #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Templar is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 8m at 1.83g/t Au from 40m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 20 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-27) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.16 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Templar is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 4.16g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 21 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-28) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.77 - Grade Unit: g/t - Intercept: 17 m - From: 95 m - To: 112 m - Intercept Depth: 95 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:95-112 #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Templar is a weak result, but contributes to the resource definition program and indicates continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only Evidence · text > 17m at 0.77g/t Au from 95m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 22 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-29) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.53 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Templar is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 3.53g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 23 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-30) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.57 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This moderate-grade intercept within a broader zone at Templar is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: moderate\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 1.57g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 24 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-31) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.38 - Grade Unit: g/t - Intercept: 5 m - From: 51 m - To: 56 m - Intercept Depth: 51 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:51-56 #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Templar is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 1.38g/t Au from 51m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 25 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-32) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.45 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Templar - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Templar is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 2.45g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 26 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-33) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.26 - Grade Unit: g/t - Intercept: 21 m - From: 39 m - To: 60 m - Intercept Depth: 39 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:39-60 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 21m at 3.26g/t Au from 39m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 27 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-34) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 12.83 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Payns is highly positive, confirming high-grade mineralization, but its lack of true width is noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 12.83g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 28 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-35) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 34.77 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Payns is exceptionally positive, confirming very high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 34.77g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 29 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-36) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.35 - Grade Unit: g/t - Intercept: 13 m - From: 30 m - To: 43 m - Intercept Depth: 30 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:30-43 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 13m at 3.35g/t Au from 30m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 30 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-37) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 8.2 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Payns is very positive, confirming high-grade mineralization, but its lack of true width is noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 8.20g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 31 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-38) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 19 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This bonanza-grade intercept within a broader zone at Payns is highly positive, confirming very high-grade mineralization, but its narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 19.00g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 32 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-39) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.14 - Grade Unit: g/t - Intercept: 22 m - From: 28 m - To: 50 m - Intercept Depth: 28 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:28-50 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 22m at 1.14g/t Au from 28m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 33 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-40) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.15 - Grade Unit: g/t - Intercept: 6 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 3.15g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 34 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-41) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 10.46 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Payns is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 10.46g/t #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 35 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-42) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 8 m - From: 37 m - To: 45 m - Intercept Depth: 37 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:37-45 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 8m at 1.70g/t Au from 37m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 36 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-43) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.89 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 3.89g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 37 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-44) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.52 - Grade Unit: g/t - Intercept: 9 m - From: 48 m - To: 57 m - Intercept Depth: 48 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:48-57 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 9m at 1.52g/t Au from 48m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 38 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-45) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.67 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 2.67g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 39 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-46) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 10.82 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Payns is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 10.82g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 40 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-47) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.48 - Grade Unit: g/t - Intercept: 10 m - From: 64 m - To: 74 m - Intercept Depth: 64 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:64-74 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 10m at 1.48g/t Au from 64m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 41 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-48) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.49 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 2.49g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 42 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-49) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.36 - Grade Unit: g/t - Intercept: 4 m - From: 123 m - To: 127 m - Intercept Depth: 123 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:123-127 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a strong result, contributing to the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 4m at 2.36g/t Au from 123m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 43 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-50) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.09 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 3.09g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 44 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-51) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 6.15 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Payns is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 6.15g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 45 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-52) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.66 - Grade Unit: g/t - Intercept: 6 m - From: 52 m - To: 58 m - Intercept Depth: 52 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:52-58 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 1.66g/t Au from 52m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 46 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-53) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.68 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 4.68g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 47 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-54) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.59 - Grade Unit: g/t - Intercept: 4 m - From: 86 m - To: 90 m - Intercept Depth: 86 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:86-90 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 4m at 1.59g/t Au from 86m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 48 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-55) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.7 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Payns is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 5.70g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 49 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-56) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.32 - Grade Unit: g/t - Intercept: 6 m - From: 36 m - To: 42 m - Intercept Depth: 36 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:36-42 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 1.32g/t Au from 36m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 50 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-57) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.49 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 2.49g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 51 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-58) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.12 - Grade Unit: g/t - Intercept: 6 m - From: 84 m - To: 90 m - Intercept Depth: 84 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:84-90 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 1.12g/t Au from 84m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 52 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-59) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.06 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 2.06g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 53 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-60) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 8 m - From: 70 m - To: 78 m - Intercept Depth: 70 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:70-78 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 8m at 1.17g/t Au from 70m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 54 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-61) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.55 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This moderate-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: moderate\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 5m at 1.55g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 55 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-62) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.68 - Grade Unit: g/t - Intercept: 15 m - From: 51 m - To: 66 m - Intercept Depth: 51 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:51-66 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a weak result, but contributes to the resource definition program and indicates continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only Evidence · text > 15m at 0.68g/t Au from 51m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 56 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-63) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.23 - Grade Unit: g/t - Intercept: 7 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This moderate-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: moderate\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 7m at 1.23g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 57 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-64) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.04 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 2.04g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 58 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-65) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.74 - Grade Unit: g/t - Intercept: 17 m - From: 14 m - To: 31 m - Intercept Depth: 14 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:14-31 #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Payns is a weak result, but contributes to the resource definition program and indicates continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only Evidence · text > 17m at 0.74g/t Au from 14m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 59 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-66) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.15 - Grade Unit: g/t - Intercept: 9 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Payns - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This moderate-grade intercept within a broader zone at Payns is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: moderate\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 9m at 1.15g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 60 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-67) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2 - Grade Unit: g/t - Intercept: 13 m - From: 111 m - To: 124 m - Intercept Depth: 111 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:111-124 #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Branches is a strong result, contributing to the resource definition program and indicating good continuity of mineralization, though only apparent width is reported. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 13m at 2.00g/t Au from 111m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 61 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-68) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 7.63 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Branches is very positive, confirming high-grade mineralization, but its very narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 1m at 7.63g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 62 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-69) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.25 - Grade Unit: g/t - Intercept: 3 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Branches is positive, confirming mineralization, but its narrow width and lack of true width are noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 3m at 4.25g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 63 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-70) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.28 - Grade Unit: g/t - Intercept: 15 m - From: 26 m - To: 41 m - Intercept Depth: 26 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:26-41 #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Branches is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 15m at 1.28g/t Au from 26m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 64 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-71) Wallbrook · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.9 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This high-grade intercept within a broader zone at Branches is very positive, confirming high-grade mineralization, but its narrow width and lack of true width are noted. - Positive factor: bonanza\_intercept - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only Evidence · text > 2m at 5.90g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 65 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-72) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.06 - Grade Unit: g/t - Intercept: 18 m - From: 60 m - To: 78 m - Intercept Depth: 60 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:60-78 #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Branches is a moderate result, supporting the resource definition program and indicating continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_grade - Positive factor: good\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 18m at 1.06g/t Au from 60m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 66 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-73) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.18 - Grade Unit: g/t - Intercept: 7 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This strong-grade intercept within a broader zone at Branches is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: strong\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 7m at 2.18g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 67 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-74) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.69 - Grade Unit: g/t - Intercept: 12 m - From: 72 m - To: 84 m - Intercept Depth: 72 m #### Classification - Program: resource - Sample Type: drill - Group ID: Wallbrook:72-84 #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This intercept from Branches is a weak result, but contributes to the resource definition program and indicates continuity of mineralization, though only apparent width is reported. - Positive factor: moderate\_width - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only Evidence · text > 12m at 0.69g/t Au from 72m #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 68 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-75) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 6 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Branches - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This moderate-grade intercept within a broader zone at Branches is positive, confirming mineralization, but its lack of true width is noted. - Positive factor: moderate\_grade - Positive factor: resource\_definition\_drilling - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only Evidence · text > 6m at 1.17g/t Au #### Tags used in scoring **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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 69 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-76) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.73 - Grade Unit: g/t - Intercept: 34 m - From: 5 m - To: 39 m - Intercept Depth: 5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:5-39 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a strong result, indicating good mineralization at shallow depths, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 34m @ 1.73 g/t Au\) from 5m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 70 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-77) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.52 - Grade Unit: g/t - Intercept: 23 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Amand is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 23m @ 2.52 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 71 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-78) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.41 - Grade Unit: g/t - Intercept: 8 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Amand is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 8m @ 5.41 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 72 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-79) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.6 - Grade Unit: g/t - Intercept: 11 m - From: 76 m - To: 87 m - Intercept Depth: 76 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:76-87 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a strong result, indicating good mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 11m @ 2.60g/t Au\) from 76m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 73 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-80) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.28 - Grade Unit: g/t - Intercept: 6 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Amand is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 4.28 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 74 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-81) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.97 - Grade Unit: g/t - Intercept: 95 m - From: 15 m - To: 110 m - Intercept Depth: 15 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:15-110 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical broad intercept from Amand is a moderate result, indicating significant mineralization over a large width, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: continuous\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 95m @ 0.97 g/t Au from 15m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 75 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-82) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.26 - Grade Unit: g/t - Intercept: 6 m - From: 18 m - To: 24 m - Intercept Depth: 18 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:18-24 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Amand is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 3.26 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 76 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-83) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 8.36 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Amand is very positive, confirming high-grade mineralization, but its narrow width and historical nature reduce its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 2m @ 8.36 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 77 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-84) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.46 - Grade Unit: g/t - Intercept: 8 m - From: 52 m - To: 60 m - Intercept Depth: 52 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:52-60 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 8m @ 1.46 g/t Au from 52m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 78 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-85) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.65 - Grade Unit: g/t - Intercept: 6 m - From: 84 m - To: 90 m - Intercept Depth: 84 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:84-90 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 1.65 g/t Au from 84m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 79 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-86) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.66 - Grade Unit: g/t - Intercept: 10 m - From: 100 m - To: 110 m - Intercept Depth: 100 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:100-110 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 10m @ 1.66 g/t Au from 100m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 80 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-87) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 25 m - From: 28 m - To: 53 m - Intercept Depth: 28 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:28-53 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a moderate result, indicating good mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 25m @ 1.17 g/t Au\) from 28m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 81 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-88) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.56 - Grade Unit: g/t - Intercept: 7 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Amand is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 7m @ 3.56 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 82 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-89) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.03 - Grade Unit: g/t - Intercept: 7 m - From: 96 m - To: 103 m - Intercept Depth: 96 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:96-103 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a strong result, indicating good mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 7m @ 3.03 g/t Au\) from 96m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 83 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-90) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 8.75 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Amand is very positive, confirming high-grade mineralization, but its narrow width and historical nature reduce its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 2m @ 8.75 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 84 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-91) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.69 - Grade Unit: g/t - Intercept: 21 m - From: 24 m - To: 45 m - Intercept Depth: 24 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:24-45 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a strong result, indicating good mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 21m @ 1.69g/t Au\) from 24m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 85 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-92) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4 - Grade Unit: g/t - Intercept: 8 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Amand is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 8m @ 4.00g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 86 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-93) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.9 - Grade Unit: g/t - Intercept: 7 m - From: 57 m - To: 64 m - Intercept Depth: 57 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:57-64 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 7m @ 1.90 g/t Au\) from 57m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 87 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-94) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 12.08 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Amand is very positive, confirming high-grade mineralization, but its very narrow width and historical nature reduce its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 1m @ 12.08 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 88 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-95) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.39 - Grade Unit: g/t - Intercept: 3 m - From: 68 m - To: 71 m - Intercept Depth: 68 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:68-71 #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Amand is a strong result, indicating good mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 3m @ 2.39 g/t Au\) from 68m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 89 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-96) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.88 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Amand - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-08T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Amand is very positive, confirming high-grade mineralization, but its very narrow width and historical nature reduce its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 1m @ 5.88 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 90 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-97) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.3 - Grade Unit: g/t - Intercept: 15 m - From: 24 m - To: 39 m - Intercept Depth: 24 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:24-39 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 15m @ 1.30 g/t Au\) from 24m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 91 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-98) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.02 - Grade Unit: g/t - Intercept: 4 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 4.02 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 92 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-99) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.33 - Grade Unit: g/t - Intercept: 8 m - From: 24 m - To: 32 m - Intercept Depth: 24 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:24-32 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 8m @ 1.33 g/t Au\) from 24m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 93 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-100) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.17 - Grade Unit: g/t - Intercept: 4 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 2.17 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 94 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-101) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.76 - Grade Unit: g/t - Intercept: 14 m - From: 52 m - To: 66 m - Intercept Depth: 52 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:52-66 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a weak result, but indicates mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 14m @ 0.76 g/t Au\) from 52m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 95 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-102) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.81 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 5m @ 1.81 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 96 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-103) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 5.89 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept within a broader zone at Godfrey is very positive, confirming high-grade mineralization, but its very narrow width and historical nature reduce its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 1m @ 5.89 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 97 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-104) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 14 m - From: 0 m - To: 14 m - Intercept Depth: 0 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:0-14 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a weak result, but indicates mineralization from surface, but its historical nature reduces its novelty. - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 14m @ 0.61 g/t Au\) from surface #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 98 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-105) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.93 - Grade Unit: g/t - Intercept: 2 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 2m @ 1.93 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 99 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-106) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.96 - Grade Unit: g/t - Intercept: 13 m - From: 29 m - To: 42 m - Intercept Depth: 29 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:29-42 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a weak result, but indicates mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 13m @ 0.96 g/t Au\) from 29m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 100 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-107) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.58 - Grade Unit: g/t - Intercept: 5 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 5m @ 1.58 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 101 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-108) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.81 - Grade Unit: g/t - Intercept: 4 m - From: 12 m - To: 16 m - Intercept Depth: 12 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:12-16 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept from Godfrey is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 3.81 g/t Au from 12m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 102 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-109) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.86 - Grade Unit: g/t - Intercept: 3 m - From: 87 m - To: 90 m - Intercept Depth: 87 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Wallbrook:87-90 #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Godfrey is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 3m @ 1.86 g/t Au\) from 87m #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 103 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-110) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 4.82 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Godfrey - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-11-11T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Godfrey is positive, confirming mineralization, but its very narrow width and historical nature reduce its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 1m @ 4.82 g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 104 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-111) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.15 - Grade Unit: g/t - Intercept: 14 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Branches extension is a moderate result, indicating mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 14m @ 1.15g/t Au\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 105 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-112) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.47 - Grade Unit: g/t - Intercept: 4 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept within a broader zone at Branches extension is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 2.47g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 106 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-113) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 1 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Branches extension is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 1m @ 1.01g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 107 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-114) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 16 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Branches extension is a weak result, but indicates mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 16m @ 0.57g/t Au\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 108 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-115) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.07 - Grade Unit: g/t - Intercept: 4 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Branches extension is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 1.07g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 109 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-116) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 16 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical intercept from Branches extension is a weak result, but indicates mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: weak\_grade - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 16m @ 0.44g/t Au\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 110 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-117) Wallbrook · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Wallbrook - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 1.56 - Grade Unit: g/t - Intercept: 4 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Branches extension - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-09T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical moderate-grade intercept within a broader zone at Branches extension is positive, confirming mineralization, but its historical nature reduces its novelty. - Positive factor: moderate\_grade - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 1.56g/t Au #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 111 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-118) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 20.9 - Grade Unit: g/t - Intercept: 5 m - From: 88 m - To: 93 m - Intercept Depth: 88 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:88-93 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept from Pinnacles is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 5m @ 20.9g/t Au \(from 88 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 112 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-119) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 19.5 - Grade Unit: g/t - Intercept: 4 m - From: 86 m - To: 90 m - Intercept Depth: 86 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:86-90 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept from Pinnacles is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: narrow\_width - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 4m @ 19.5g/t Au \(from 86 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 113 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-120) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 17.4 - Grade Unit: g/t - Intercept: 6 m - From: 154 m - To: 160 m - Intercept Depth: 154 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:154-160 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept from Pinnacles is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 17.4g/t Au \(from 154 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 114 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-121) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 12.3 - Grade Unit: g/t - Intercept: 6 m - From: 166 m - To: 172 m - Intercept Depth: 166 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:166-172 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept from Pinnacles is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 12.3g/t Au \(from 166 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 115 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-122) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 11.5 - Grade Unit: g/t - Intercept: 6 m - From: 128 m - To: 134 m - Intercept Depth: 128 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:128-134 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical bonanza-grade intercept from Pinnacles is very positive, confirming high-grade mineralization, but its historical nature reduces its novelty. - Positive factor: bonanza\_intercept - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 6m @ 11.5g/t Au \(from 128 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 116 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-123) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.7 - Grade Unit: g/t - Intercept: 35 m - From: 130 m - To: 165 m - Intercept Depth: 130 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:130-165 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept from Pinnacles is a very good result, indicating significant mineralization over a large width, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: continuous\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 35m @ 3.7g/t Au \(from 130 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 117 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-124) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 3.2 - Grade Unit: g/t - Intercept: 17 m - From: 151 m - To: 168 m - Intercept Depth: 151 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:151-168 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept from Pinnacles is a very good result, indicating significant mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 17m @ 3.2g/t Au \(from 151 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 118 [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-drill-facts-125) Pinnacles East · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Pinnacles East - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: NXM #### Geometry - Grade: 2.3 - Grade Unit: g/t - Intercept: 25 m - From: 139 m - To: 164 m - Intercept Depth: 139 m #### Classification - Sample Type: drill - Group ID: Pinnacles\_East:139-164 #### Location - Location: Pinnacles - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2016-01-21T00:00:00.000Z #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This historical strong-grade intercept from Pinnacles is a good result, indicating significant mineralization, but its historical nature reduces its novelty. - Positive factor: strong\_grade - Positive factor: good\_width - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: is\_historical Evidence · text > 25m @ 2.3g/t Au \(from 139 metres\) #### Tags used in scoring **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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## Resource Estimates (8) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-0) Wallbrook Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:dceb5a688f6a1c7a3881 - Deposit or zone: Crusader-Templar \(includes Clement Prospect\) #### Resource Data - Category: indicated - Tonnes: 4300000 - Grade: 1.5 - Grade Unit: g/t - Contained Metal: 207000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This Indicated resource represents a significant portion of the updated Wallbrook estimate, providing a high-confidence base for future development, though the lower cut-off and higher gold price assumption for pit shells should be noted. - Positive factor: significant\_tonnage - Positive factor: good\_grade - Positive factor: indicated\_category - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: cut\_off\_grade\_lowered - Negative factor: higher\_gold\_price\_assumption\_for\_pit\_shells Evidence · table > 1.5 Context: 4,300 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-1) Wallbrook Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:84a2bde4f61287a8d790 - Deposit or zone: Crusader-Templar \(includes Clement Prospect\) #### Resource Data - Category: inferred - Tonnes: 5070000 - Grade: 1.5 - Grade Unit: g/t - Contained Metal: 240000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This Inferred resource adds significant ounces to the Wallbrook project, demonstrating potential for future growth, but its lower confidence category and the cut-off grade changes warrant caution. - Positive factor: significant\_tonnage - Positive factor: good\_grade - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category - Negative factor: cut\_off\_grade\_lowered - Negative factor: higher\_gold\_price\_assumption\_for\_pit\_shells Evidence · table > 1.5 Context: 5,070 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-2) Wallbrook Gold Project · gold #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:50ae2d447c0e2ff07525 - Deposit or zone: Crusader-Templar \(includes Clement Prospect\) #### Resource Data - Category: inferred - Tonnes: 1430000 - Grade: 1.9 - Grade Unit: g/t - Contained Metal: 86000 - Contained Unit: oz - Cutoff Grade: 1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: The maiden underground Inferred resource at Crusader-Templar indicates potential for higher-grade mineralization at depth, adding to the project's overall value, but is still in the lowest confidence category. - Positive factor: maiden\_underground\_resource - Positive factor: higher\_grade\_for\_underground - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category Evidence · table > 1.9 Context: 1,430 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-3) Wallbrook Gold Project · gold #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:2f6be656bcdc9457966c - Deposit or zone: Payns #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 50000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: The maiden Inferred resource at Payns is a positive development, establishing a new gold deposit within the Wallbrook project, but its early stage and lower confidence category require further work. - Positive factor: maiden\_resource - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category - Negative factor: cut\_off\_grade\_lowered - Negative factor: higher\_gold\_price\_assumption\_for\_pit\_shells Evidence · table > 1.3 Context: 1,200 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-4) Wallbrook Gold Project · gold #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:b167d94531907664e907 - Deposit or zone: Branches #### Resource Data - Category: inferred - Tonnes: 1100000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 35000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: The maiden Inferred resource at Branches adds to the Wallbrook project's overall ounces, but its early stage and lower confidence category indicate it requires further definition. - Positive factor: maiden\_resource - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category - Negative factor: cut\_off\_grade\_lowered - Negative factor: higher\_gold\_price\_assumption\_for\_pit\_shells Evidence · table > 1.0 Context: 1,100 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-5) Wallbrook Gold Project · gold #### Identity - Project: Wallbrook Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Jeremy Clark - Resource group id: resource:6a91ee748098634ea2a5 - Deposit or zone: Branches #### Resource Data - Category: inferred - Tonnes: 240000 - Grade: 1.6 - Grade Unit: g/t - Contained Metal: 13000 - Contained Unit: oz - Cutoff Grade: 1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-17 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: The maiden underground Inferred resource at Branches is a small but novel addition, indicating potential for deeper mineralization, but its early stage and low confidence require further work. - Positive factor: maiden\_underground\_resource - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category - Negative factor: small\_tonnage Evidence · table > 1.6 Context: 240 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-6) Pinnacles Gold Project · gold #### Identity - Project: Pinnacles Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mark Drabble - Resource group id: resource:8a53f3a35ea4008342a8 #### Resource Data - Category: indicated - Tonnes: 310000 - Grade: 4.2 - Grade Unit: g/t - Contained Metal: 42000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2020-02-27 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This Indicated resource at Pinnacles is high-grade and provides a solid base, but the estimate is several years old, reducing its novelty and requiring an update. - Positive factor: high\_grade - Positive factor: indicated\_category - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: stale\_estimate Evidence · table > 4.2 Context: 310 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 6.6 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-resource-facts-7) Pinnacles Gold Project · gold #### Identity - Project: Pinnacles Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Mark Drabble - Resource group id: resource:68ec8966a2f35fab958e #### Resource Data - Category: inferred - Tonnes: 299000 - Grade: 3.8 - Grade Unit: g/t - Contained Metal: 37000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2020-02-27 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: This Inferred resource at Pinnacles is high-grade but its lower confidence category and the age of the estimate reduce its current impact. - Positive factor: high\_grade - Positive factor: jorc\_compliant - Positive factor: qp\_signed - Negative factor: inferred\_category - Negative factor: stale\_estimate Evidence · table > 3.8 Context: 299 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 6.6 years before this release ## Metallurgical Results (1) ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/nxm-annual-report-to-shareholders--a4dd876a-50b6-4161-a07b-d70a6760fb28#fact-metallurgical-facts-126) Pinnacles Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Pinnacles Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: NXM #### Test Work - Program Status: detailed - Test Type: unspecified #### Recovery - Recovery: 97 % - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-09-23T00:00:00.000Z Reasoning: Historical metallurgical studies at Pinnacles indicate high gold recoveries, which is positive for project economics, but the lack of detail on the test basis and type, along with its historical nature, reduces confidence. - Positive factor: high\_recovery - Negative factor: unspecified\_recovery\_basis - Negative factor: unspecified\_test\_type - Negative factor: is\_historical Evidence · text > metallurgical studies \(>97% recoveries\) #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 97% is at or above the exceptional band \(95%\) ## 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.