# Magna Mining Expands the R2 Footwall Zone and Intersects Near Surface Mineralization at the Levack Mine in Sudbury, Ontario including 4.0% Nickel, 1.7% Copper and 3.5 g/t Platinum + Palladium + Gold \(8.3% CuEq\) over 4.6 metres

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c

Original source: https://orestocks.com/company/NICU.V/press-releases/4591379043835665

Publisher: orestocks

Original announcement: 2026-09-17T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-17T11:12:46.100Z

Atlas analysis updated: 2026-09-17T11:12:46.100Z

- Company: Magna Mining Inc.

- Ticker: NICU.V

- Exchange: Unavailable

- Region: Sudbury, Ontario

- Primary commodity: Nickel

- Secondary commodities: Copper, Platinum, Palladium, Gold, Silver, Cobalt

- Document categories: Drill results

- Extracted: 2026-09-17 11:12:46 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Magna Mining announced new drill results from its Levack Mine in Sudbury, Ontario, including high-grade nickel, copper, and PGM intercepts. Highlights include 2.1 metres at 9.5% Cu, 2.6% Ni, and 17.5 g/t Pt+Pd+Au \(23.5% CuEq\) in the R2 Footwall Zone, and 4.6 metres at 1.7% Cu, 4.0% Ni, and 3.5 g/t Pt+Pd+Au \(8.3% CuEq\) near surface in the West Main Orebody. The results expand known mineralization and indicate potential for early production, with detailed QA/QC and metal equivalent assumptions disclosed.

Reasoning: The drill results demonstrate significant high-grade nickel-copper-PGM mineralization, expanding known zones and identifying near-surface potential, supported by robust QA/QC and transparent metal equivalent calculations. The true width is estimated to be highly variable, which introduces some uncertainty.

- Positive factor: High-grade intercepts

- Positive factor: Expansion of R2 Footwall Zone

- Positive factor: Near-surface high-grade intercepts at West Main Orebody

- Positive factor: Potential for early production

- Positive factor: QA/QC Disclosed

- Positive factor: QP/CP Signed

- Positive factor: Metal Equivalent Assumptions Disclosed

- Negative factor: Apparent Width Only

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 99

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 99. Some facts used in scoring do not have a stored record.

## Drill Results (99)

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-0)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 9.5
- Grade Unit: %
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, significantly expanding the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 9.5% Cu, 2.6% Ni, 17.5 g/t Pt+Pd+Au, 24.9 g/t Ag \(23.5% CuEq\) over 2.1 metres, from 999.2 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-1)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.6
- Grade Unit: %
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, significantly expanding the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 9.5% Cu, 2.6% Ni, 17.5 g/t Pt+Pd+Au, 24.9 g/t Ag \(23.5% CuEq\) over 2.1 metres, from 999.2 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-2)

Levack Mine · pge+au

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 17.5
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, significantly expanding the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 9.5% Cu, 2.6% Ni, 17.5 g/t Pt+Pd+Au, 24.9 g/t Ag \(23.5% CuEq\) over 2.1 metres, from 999.2 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-3)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 24.9
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, significantly expanding the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 9.5% Cu, 2.6% Ni, 17.5 g/t Pt+Pd+Au, 24.9 g/t Ag \(23.5% CuEq\) over 2.1 metres, from 999.2 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-4)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 15.4
- Grade Unit: %
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.3 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, contributing to the expansion of the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated and the interval is narrow.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 15.4% Cu, 1.9% Ni, 7.0 g/t Pt+Pd+Au, 43.0 g/t Ag \(19.1% CuEq\) over 0.7 metres, from 1068.6 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-5)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.9
- Grade Unit: %
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.3 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, contributing to the expansion of the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated and the interval is narrow.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 15.4% Cu, 1.9% Ni, 7.0 g/t Pt+Pd+Au, 43.0 g/t Ag \(19.1% CuEq\) over 0.7 metres, from 1068.6 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-6)

Levack Mine · pge+au

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.3 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, contributing to the expansion of the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated and the interval is narrow.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 15.4% Cu, 1.9% Ni, 7.0 g/t Pt+Pd+Au, 43.0 g/t Ag \(19.1% CuEq\) over 0.7 metres, from 1068.6 metres down hole

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-7)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 43
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.3 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows exceptionally high-grade copper, nickel, and PGEs, contributing to the expansion of the R2 Footwall Zone. The high CuEq value indicates strong economic potential, though true width is estimated and the interval is narrow.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 15.4% Cu, 1.9% Ni, 7.0 g/t Pt+Pd+Au, 43.0 g/t Ag \(19.1% CuEq\) over 0.7 metres, from 1068.6 metres down hole

#### 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 "mixed"

### MLV-26-64

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-8)

Levack Mine · copper

#### Identity

- Hole ID: MLV-26-64
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.7
- Grade Unit: %
- Intercept: 4.6 m
- From: 198.7 m
- To: 203.3 m
- Hole Depth: 224 m
- Intercept Depth: 198.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-64:198.7-203.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471529
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 304 °
- Dip: 55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper, nickel, and PGE intercept is significant due to its near-surface location and strong CuEq value, indicating potential for early production. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: Near-surface mineralization

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.7% Cu, 4.0% Ni, 3.5 g/t Pt+Pd+Au, 4.1 g/t Ag \(8.3% CuEq\) over 4.6 metres, from 198.7 metres down hole

#### 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 "mixed"

### MLV-26-64

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-9)

Levack Mine · nickel

#### Identity

- Hole ID: MLV-26-64
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4
- Grade Unit: %
- Intercept: 4.6 m
- From: 198.7 m
- To: 203.3 m
- Hole Depth: 224 m
- Intercept Depth: 198.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-64:198.7-203.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471529
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 304 °
- Dip: 55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper, nickel, and PGE intercept is significant due to its near-surface location and strong CuEq value, indicating potential for early production. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: Near-surface mineralization

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.7% Cu, 4.0% Ni, 3.5 g/t Pt+Pd+Au, 4.1 g/t Ag \(8.3% CuEq\) over 4.6 metres, from 198.7 metres down hole

#### 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 "mixed"

### MLV-26-64

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-10)

Levack Mine · pge+au

#### Identity

- Hole ID: MLV-26-64
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 198.7 m
- To: 203.3 m
- Hole Depth: 224 m
- Intercept Depth: 198.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-64:198.7-203.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471529
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 304 °
- Dip: 55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper, nickel, and PGE intercept is significant due to its near-surface location and strong CuEq value, indicating potential for early production. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: Near-surface mineralization

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.7% Cu, 4.0% Ni, 3.5 g/t Pt+Pd+Au, 4.1 g/t Ag \(8.3% CuEq\) over 4.6 metres, from 198.7 metres down hole

#### 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 "mixed"

### MLV-26-64

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-11)

Levack Mine · silver

#### Identity

- Hole ID: MLV-26-64
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 198.7 m
- To: 203.3 m
- Hole Depth: 224 m
- Intercept Depth: 198.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-64:198.7-203.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471529
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 304 °
- Dip: 55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper, nickel, and PGE intercept is significant due to its near-surface location and strong CuEq value, indicating potential for early production. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: Near-surface mineralization

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.7% Cu, 4.0% Ni, 3.5 g/t Pt+Pd+Au, 4.1 g/t Ag \(8.3% CuEq\) over 4.6 metres, from 198.7 metres down hole

#### 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 "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-12)

Levack Mine · copper

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.4
- Grade Unit: %
- Intercept: 32.9 m
- From: 177 m
- To: 209.9 m
- Hole Depth: 211 m
- Intercept Depth: 177 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:177-209.9
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This wide intercept of copper, nickel, and PGEs is significant due to its near-surface location and substantial length, indicating good continuity. True width is estimated.

- Positive factor: Strong Continuity

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.4% Cu, 1.7% Ni, 0.4 g/t Pt+Pd+Au \(2.9% CuEq\) over 32.9 metres, from 177.0 metres down hole

#### 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 "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-13)

Levack Mine · nickel

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.7
- Grade Unit: %
- Intercept: 32.9 m
- From: 177 m
- To: 209.9 m
- Hole Depth: 211 m
- Intercept Depth: 177 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:177-209.9
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This wide intercept of copper, nickel, and PGEs is significant due to its near-surface location and substantial length, indicating good continuity. True width is estimated.

- Positive factor: Strong Continuity

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.4% Cu, 1.7% Ni, 0.4 g/t Pt+Pd+Au \(2.9% CuEq\) over 32.9 metres, from 177.0 metres down hole

#### 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 "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-14)

Levack Mine · pge+au

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 32.9 m
- From: 177 m
- To: 209.9 m
- Hole Depth: 211 m
- Intercept Depth: 177 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:177-209.9
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This wide intercept of copper, nickel, and PGEs is significant due to its near-surface location and substantial length, indicating good continuity. True width is estimated.

- Positive factor: Strong Continuity

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.4% Cu, 1.7% Ni, 0.4 g/t Pt+Pd+Au \(2.9% CuEq\) over 32.9 metres, from 177.0 metres down hole

#### 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 "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-15)

Levack Mine · copper

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 3.2 m
- From: 178 m
- To: 181.2 m
- Hole Depth: 211 m
- Intercept Depth: 178 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:178-181.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a moderate CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.2% Cu, 3.2% Ni, 0.1 g/t Pt+Pd+Au \(4.7% CuEq\) over 3.2 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-16)

Levack Mine · nickel

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.2
- Grade Unit: %
- Intercept: 3.2 m
- From: 178 m
- To: 181.2 m
- Hole Depth: 211 m
- Intercept Depth: 178 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:178-181.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a moderate CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.2% Cu, 3.2% Ni, 0.1 g/t Pt+Pd+Au \(4.7% CuEq\) over 3.2 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-17)

Levack Mine · pge+au

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 3.2 m
- From: 178 m
- To: 181.2 m
- Hole Depth: 211 m
- Intercept Depth: 178 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:178-181.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a moderate CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 0.2% Cu, 3.2% Ni, 0.1 g/t Pt+Pd+Au \(4.7% CuEq\) over 3.2 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-18)

Levack Mine · copper

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 3.8 m
- From: 206 m
- To: 209.8 m
- Hole Depth: 211 m
- Intercept Depth: 206 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:206-209.8
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a good CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 1.0% Cu, 2.9% Ni, 1.9 g/t Pt+Pd+Au \(5.5% CuEq\) over 3.8 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-19)

Levack Mine · nickel

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.9
- Grade Unit: %
- Intercept: 3.8 m
- From: 206 m
- To: 209.8 m
- Hole Depth: 211 m
- Intercept Depth: 206 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:206-209.8
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a good CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 1.0% Cu, 2.9% Ni, 1.9 g/t Pt+Pd+Au \(5.5% CuEq\) over 3.8 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### MLV-26-68

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-20)

Levack Mine · pge+au

#### Identity

- Hole ID: MLV-26-68
- Project: Levack Mine
- Commodity: pge+au
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.9
- Grade Unit: g/t
- Intercept: 3.8 m
- From: 206 m
- To: 209.8 m
- Hole Depth: 211 m
- Intercept Depth: 206 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: MLV-26-68:206-209.8
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471530
- Northing: 5166371
- Elevation: 336 m
- Azimuth: 322 °
- Dip: 90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept contributes to the near-surface mineralization at West Main Orebody, with a good CuEq value. True width is estimated.

- Positive factor: Near-surface mineralization

- Negative factor: Apparent Width Only

Evidence · text

> 1.0% Cu, 2.9% Ni, 1.9 g/t Pt+Pd+Au \(5.5% CuEq\) over 3.8 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-21)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.8
- Grade Unit: %
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.8

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-22)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.4
- Grade Unit: %
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.4

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-23)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-24)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.0

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-25)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.7

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-26)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.3

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-27)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 8.1
- Grade Unit: g/t
- Intercept: 4 m
- From: 977.7 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows good copper and nickel grades over a moderate width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 8.1

Context: 4.0

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-28)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 7.8
- Grade Unit: %
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 7.8

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-29)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 6.4
- Grade Unit: %
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 6.4

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-30)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-31)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.7
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 3.7

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-32)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.1
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 3.1

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-33)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-34)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 20
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 977.7 m
- To: 978.5 m
- Hole Depth: 1182 m
- Intercept Depth: 977.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:977.7-978.5
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 18
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel sub-interval is very strong, contributing to the overall R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 20.0

Context: 0.8

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-35)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 10.7
- Grade Unit: %
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 10.7

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-36)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.6
- Grade Unit: %
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.6

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-37)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-38)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 1.7

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-39)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 0.7

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-40)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.8
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 2.8

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-41)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 32
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 981.3 m
- To: 981.7 m
- Hole Depth: 1182 m
- Intercept Depth: 981.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:981.3-981.7
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 13.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This very high-grade copper sub-interval is strong, contributing to the overall R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

Evidence · table

> 32.0

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-42)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing significantly to the R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 2.1

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-43)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.2
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing significantly to the R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 3.2

Context: 2.1

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-44)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing significantly to the R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 2.0

Context: 2.1

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-45)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 12.2
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 999.2 m
- To: 1001.3 m
- Hole Depth: 1182 m
- Intercept Depth: 999.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:999.2-1001.3
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 23.5
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing significantly to the R2 zone. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 12.2

Context: 2.1

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-46)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.2
- Grade Unit: %
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 4.2

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-47)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.5
- Grade Unit: %
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 2.5

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-48)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-49)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 2.2

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-50)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 2.1

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-51)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 0.3

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-52)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 16
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 1038.5 m
- To: 1039 m
- Hole Depth: 1182 m
- Intercept Depth: 1038.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1038.5-1039
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.8
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper and nickel intercept is strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 16.0

Context: 0.5

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-53)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.9
- Grade Unit: %
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.9

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-54)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.4
- Grade Unit: %
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.4

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-55)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-56)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.3

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-57)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.0

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-58)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-59)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 1052.6 m
- To: 1053 m
- Hole Depth: 1182 m
- Intercept Depth: 1052.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1052.6-1053
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 7.0

Context: 0.4

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-60)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 15.4
- Grade Unit: %
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 15.4

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-61)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.9
- Grade Unit: %
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 1.9

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-62)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-63)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.7
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 2.7

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-64)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.2
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 4.2

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-65)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 0.7

#### 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 "mixed"

### FNX2038A-W1

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-66)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W1
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 43
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 1068.6 m
- To: 1069.2 m
- Hole Depth: 1182 m
- Intercept Depth: 1068.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W1:1068.6-1069.2
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 19.1
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This exceptionally high-grade copper, nickel, and PGE intercept is very strong, contributing to the R2 zone, despite its narrow width. True width is estimated.

- Positive factor: Bonanza Intercept

- Positive factor: High Recovery

- Negative factor: Apparent Width Only

Evidence · table

> 43.0

Context: 0.7

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-67)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.7

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-68)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.5
- Grade Unit: %
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.5

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-69)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-70)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 3.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 3.4

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-71)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.3
- Grade Unit: g/t
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.3

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-72)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-73)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2
- Grade Unit: g/t
- Intercept: 1 m
- From: 1012.4 m
- To: 1013.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1012.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1012.4-1013.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 5.9
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.0

Context: 1.0

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-74)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.6
- Grade Unit: %
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.6

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-75)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.9
- Grade Unit: %
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.9

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-76)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-77)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.2

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-78)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 4.1

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-79)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-80)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1017.7 m
- To: 1018.4 m
- Hole Depth: 1180 m
- Intercept Depth: 1017.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1017.7-1018.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 6.2
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.0

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-81)

Levack Mine · copper

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.3

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-82)

Levack Mine · nickel

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.6
- Grade Unit: %
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 4.6

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-83)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.1

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-84)

Levack Mine · platinum

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 4.1

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-85)

Levack Mine · palladium

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.7

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-86)

Levack Mine · gold

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.5

Context: 0.6

#### 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 "mixed"

### FNX2038A-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-87)

Levack Mine · silver

#### Identity

- Hole ID: FNX2038A-W2
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 1048.4 m
- To: 1049 m
- Hole Depth: 1180 m
- Intercept Depth: 1048.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX2038A-W2:1048.4-1049
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 471667
- Northing: 5167001
- Elevation: 398 m
- Azimuth: 98 °
- Dip: 59 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 8.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and high nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.0

Context: 0.6

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-88)

Levack Mine · copper

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.8
- Grade Unit: %
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.8

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-89)

Levack Mine · nickel

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.2

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-90)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-91)

Levack Mine · platinum

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.2
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.2

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-92)

Levack Mine · palladium

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: palladium
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 2.5
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 2.5

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-93)

Levack Mine · gold

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.5

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-94)

Levack Mine · silver

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: silver
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 6
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 788 m
- To: 788.4 m
- Hole Depth: 1145 m
- Intercept Depth: 788 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:788-788.4
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 6.0

Context: 0.4

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-95)

Levack Mine · copper

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.1
- Grade Unit: %
- Intercept: 0.3 m
- From: 1035.7 m
- To: 1036.1 m
- Hole Depth: 1145 m
- Intercept Depth: 1035.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:1035.7-1036.1
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.1

Context: 0.3

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-96)

Levack Mine · nickel

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: nickel
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 0.3 m
- From: 1035.7 m
- To: 1036.1 m
- Hole Depth: 1145 m
- Intercept Depth: 1035.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:1035.7-1036.1
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.3

Context: 0.3

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-97)

Levack Mine · cobalt

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: cobalt
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 0
- Grade Unit: %
- Intercept: 0.3 m
- From: 1035.7 m
- To: 1036.1 m
- Hole Depth: 1145 m
- Intercept Depth: 1035.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:1035.7-1036.1
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 0.0

Context: 0.3

#### 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 "mixed"

### FNX6070-W2

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-mining-expands-the-r2-footwall-zone-and-intersects-near-surface-mineraliza--8a775d71-1f70-484e-9445-c200acff396c#fact-drill-facts-98)

Levack Mine · platinum

#### Identity

- Hole ID: FNX6070-W2
- Project: Levack Mine
- Commodity: platinum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NICU.V

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 1035.7 m
- To: 1036.1 m
- Hole Depth: 1145 m
- Intercept Depth: 1035.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: FNX6070-W2:1035.7-1036.1
- Mining Method: underground

#### Location

- Location: Main Zone
- Easting: 472109
- Northing: 5166291
- Elevation: 339 m
- Azimuth: 17 °
- Dip: 72 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: This intercept shows moderate copper and nickel grades over a narrow width, contributing to the R2 zone. True width is estimated.

- Negative factor: Apparent Width Only

Evidence · table

> 1.3

Context: 0.3

#### 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 "mixed"

## 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.
