NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points to a Significantly Larger Opportunity to the South at Pipy Property, Thompson, Manitoba

Original announcement by cnw on

Company
NiCAN Limited
Ticker
NICN
Exchange
Unavailable
Region
Manitoba
Primary commodity
Gold
Secondary commodities
Silver, Lead
Document categories
Drill results
Extracted
2026-10-13 11:27:04 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

NiCAN Limited announced drill results from its Pipy South Property in Manitoba, confirming the Horseshoe Gold Zone extends over 400 meters in strike length with broad, near-surface gold mineralization. The program also identified larger, geologically similar structures to the south, pointing to significant exploration upside. While most new intercepts show moderate to weak gold grades, a high-grade sub-interval of 8.01 g/t Au over 2.0 meters was reported, and the company plans further drilling to test extensions and new targets.

Reasoning: NiCAN's drilling successfully extended the Horseshoe Gold Zone's strike length by over 400 meters and identified significantly larger prospective structures to the south, indicating substantial exploration potential. While most new intercepts are moderate to weak in grade compared to prior results, the confirmation of continuity and the high-grade sub-intercept of 8.01 g/t Au over 2.0 meters are positive. The lack of true width determination reduces confidence in the reported lengths.

Positive factors

  • Strike Extension
  • New Target Identification
  • High-Grade Sub-Intercept
  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Most New Intercepts Below RAG Average Grade

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

Facts used in scoring: 102

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release explicitly states that NiCAN employed a vigorous QAQC program including certified standards, blanks, and duplicates, and that samples were sent to independent certified commercial laboratories (Paragon Geochemical Laboratory and Agat Laboratories).

Evidence · text

“NiCAN employed a vigorous QAQC program which entailed the regular submission of certified standards, blanks and duplicates within the sample stream. No unusual discrepancies were noted in the QAQC sample results with all being within respective control limits. Samples were sent to Paragon Geochemical Laboratory where gold was assayed using the photon assay technique, Code PA-AU02/AG02 Au and Ag; 2-cycle Photon Assay. Multi-element (201-071) 4 Acid Digest - Metals Package, ICP-OES/ICP-MS finish analysis was carried out on all samples by Agat Laboratories in Calgary Alberta. Both certified commercial laboratories are independent of NiCAN.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'True widths have not been determined' for the reported drill intercepts.

Evidence · table

“True widths have not been determined”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: Holes PG26-01 to PG26-07 were previously released on September 14, 2026, indicating these are not new results in this announcement.

Evidence · table

“Holes PG26-01 to PG26-07 were released on September 14, 2026”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling program successfully extended the strike length of the new gold zone by over 400 metres, indicating an extension of known mineralization.

Evidence · text

“spring diamond drilling program exceeded its objective by extending the strike length of the new gold zone by over 400 metres”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 8.01 g/t Au over 2.0 meters is a strong grade for an orogenic gold deposit, exceeding the 75th percentile of peer comparison data.

Evidence · table

“8.01”

Context: 2.00

Extracted facts

Stored fact records: 102. Some facts used in scoring do not have a stored record.

Drill Results (102)

PG26-01Pipy South · goldGrade: 0.91Grade Unit: g/tIntercept: 3.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
3.5 m
From
38 m
To
41.5 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:38-41.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.91”

Context: 3.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-01Pipy South · silverGrade: 0.91Grade Unit: g/tIntercept: 3.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
3.5 m
From
38 m
To
41.5 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:38-41.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.91”

Context: 3.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-01Pipy South · leadGrade: 0.005Grade Unit: %Intercept: 3.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.005
Grade Unit
%
Intercept
3.5 m
From
38 m
To
41.5 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:38-41.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.005”

Context: 3.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-01Pipy South · goldGrade: 1.26Grade Unit: g/tIntercept: 12.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
12.7 m
From
48.5 m
To
61.2 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:48.5-61.2
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“1.26”

Context: 12.70

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-01Pipy South · silverGrade: 16.8Grade Unit: g/tIntercept: 12.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
16.8
Grade Unit
g/t
Intercept
12.7 m
From
48.5 m
To
61.2 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:48.5-61.2
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“16.80”

Context: 12.70

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-01Pipy South · leadGrade Unit: %Intercept: 12.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-01
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade Unit
%
Intercept
12.7 m
From
48.5 m
To
61.2 m
Hole Depth
80 m
Intercept Depth
38 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-01:48.5-61.2
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
222 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept has a pending lead assay, making its contribution to the overall understanding of the zone incomplete. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • Pending Assay

Evidence · table

“pending”

Context: 12.70

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-02Pipy South · goldGrade: 0.19Grade Unit: g/tIntercept: 19.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-02
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
19.2 m
From
51.3 m
To
70.5 m
Hole Depth
134 m
Intercept Depth
51.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-02:51.3-70.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
223 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • Low Grade

Evidence · table

“0.19”

Context: 19.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-02Pipy South · silverGrade: 5.79Grade Unit: g/tIntercept: 19.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-02
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
5.79
Grade Unit
g/t
Intercept
19.2 m
From
51.3 m
To
70.5 m
Hole Depth
134 m
Intercept Depth
51.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-02:51.3-70.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
223 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“5.79”

Context: 19.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-02Pipy South · leadGrade: 0.26Grade Unit: %Intercept: 19.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-02
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.26
Grade Unit
%
Intercept
19.2 m
From
51.3 m
To
70.5 m
Hole Depth
134 m
Intercept Depth
51.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-02:51.3-70.5
Mining Method
open_pit

Location

Easting
577389
Northing
6195772
Elevation
223 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.26”

Context: 19.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · goldGrade: 0.89Grade Unit: g/tIntercept: 7.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.89
Grade Unit
g/t
Intercept
7.55 m
From
12.5 m
To
20.05 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:12.5-20.05
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.89”

Context: 7.55

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · silverGrade: 3.54Grade Unit: g/tIntercept: 7.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
3.54
Grade Unit
g/t
Intercept
7.55 m
From
12.5 m
To
20.05 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:12.5-20.05
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“3.54”

Context: 7.55

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · leadGrade: 0.05Grade Unit: %Intercept: 7.55 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.05
Grade Unit
%
Intercept
7.55 m
From
12.5 m
To
20.05 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:12.5-20.05
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.05”

Context: 7.55

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · goldGrade: 0.19Grade Unit: g/tIntercept: 13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
13 m
From
107 m
To
120 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:107-120
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • Low Grade

Evidence · table

“0.19”

Context: 13.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · silverGrade: 0.65Grade Unit: g/tIntercept: 13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
13 m
From
107 m
To
120 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:107-120
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.65”

Context: 13.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-03Pipy South · leadGrade: 0.16Grade Unit: %Intercept: 13 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-03
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.16
Grade Unit
%
Intercept
13 m
From
107 m
To
120 m
Hole Depth
137 m
Intercept Depth
12.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-03:107-120
Mining Method
open_pit

Location

Easting
577358
Northing
6195863
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.16”

Context: 13.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · goldGrade: 0.07Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
8 m
From
27 m
To
35 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:27-35
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • Low Grade

Evidence · table

“0.07”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · silverGrade: 0.47Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
8 m
From
27 m
To
35 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:27-35
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.47”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · leadGrade: 0.002Grade Unit: %Intercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.002
Grade Unit
%
Intercept
8 m
From
27 m
To
35 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:27-35
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.002”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · goldGrade: 0.41Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
9 m
From
48 m
To
57 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:48-57
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.41”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · silverGrade: 1.78Grade Unit: g/tIntercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.78
Grade Unit
g/t
Intercept
9 m
From
48 m
To
57 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:48-57
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“1.78”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-04Pipy South · leadGrade: 0.03Grade Unit: %Intercept: 9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-04
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.03
Grade Unit
%
Intercept
9 m
From
48 m
To
57 m
Hole Depth
200 m
Intercept Depth
27 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-04:48-57
Mining Method
open_pit

Location

Easting
577338
Northing
6195860
Elevation
219 m
Azimuth
90 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.03”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · goldGrade: 0.77Grade Unit: g/tIntercept: 29 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
29 m
From
40 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:40-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a broad width (29.0m), which is positive for bulk tonnage potential. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.77”

Context: 29.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · silverGrade: 12.83Grade Unit: g/tIntercept: 29 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
12.83
Grade Unit
g/t
Intercept
29 m
From
40 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:40-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“12.83”

Context: 29.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · leadGrade: 0.79Grade Unit: %Intercept: 29 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.79
Grade Unit
%
Intercept
29 m
From
40 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:40-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.79”

Context: 29.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · goldGrade: 1.17Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
12 m
From
57 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:57-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“1.17”

Context: 12.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · silverGrade: 27.77Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
27.77
Grade Unit
g/t
Intercept
12 m
From
57 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:57-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“27.77”

Context: 12.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-05Pipy South · leadGrade: 1.86Grade Unit: %Intercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-05
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.86
Grade Unit
%
Intercept
12 m
From
57 m
To
69 m
Hole Depth
134 m
Intercept Depth
40 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-05:57-69
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a weak lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“1.86”

Context: 12.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · goldGrade: 0.65Grade Unit: g/tIntercept: 75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
75 m
From
50 m
To
125 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:50-125
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a very broad width (75.0m), which is positive for bulk tonnage potential. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.65”

Context: 75.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · silverGrade: 11.55Grade Unit: g/tIntercept: 75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
11.55
Grade Unit
g/t
Intercept
75 m
From
50 m
To
125 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:50-125
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a very broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“11.55”

Context: 75.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · leadGrade: 0.56Grade Unit: %Intercept: 75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.56
Grade Unit
%
Intercept
75 m
From
50 m
To
125 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:50-125
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a very broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.56”

Context: 75.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · goldGrade: 1.05Grade Unit: g/tIntercept: 28.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
28.25 m
From
78.75 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.75-107
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a weak gold grade over a broad width, which is positive for bulk tonnage potential. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“1.05”

Context: 28.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · silverGrade: 22.56Grade Unit: g/tIntercept: 28.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
22.56
Grade Unit
g/t
Intercept
28.25 m
From
78.75 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.75-107
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a very low silver grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“22.56”

Context: 28.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-06Pipy South · leadGrade: 0.95Grade Unit: %Intercept: 28.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-06
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.95
Grade Unit
%
Intercept
28.25 m
From
78.75 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.75-107
Mining Method
open_pit

Location

Easting
577396
Northing
6195760
Elevation
218 m
Azimuth
45 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a very low lead grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.95”

Context: 28.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · goldGrade: 0.9Grade Unit: g/tIntercept: 30 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
30 m
From
25 m
To
55 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:25-55
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a weak gold grade over a broad width (30.0m), which is positive for bulk tonnage potential. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.90”

Context: 30.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · silverGrade: 3.71Grade Unit: g/tIntercept: 30 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
3.71
Grade Unit
g/t
Intercept
30 m
From
25 m
To
55 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:25-55
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low silver grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“3.71”

Context: 30.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · leadGrade: 0.21Grade Unit: %Intercept: 30 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.21
Grade Unit
%
Intercept
30 m
From
25 m
To
55 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:25-55
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical intercept shows a very low lead grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“0.21”

Context: 30.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · goldGrade: 8.01Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
8.01
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:32-34
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a strong gold grade (8.01 g/t Au) over a narrow width, which is above the 75th percentile for orogenic gold deposits and matches the best grade from prior RAG comparables. This is a significant high-grade intercept. The lack of true width reduces confidence.

Positive factors

  • Bonanza Intercept
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“8.01”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · silverGrade: 38.1Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
38.1
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:32-34
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a moderate silver grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“38.10”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-07Pipy South · leadGrade: 2.17Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PG26-07
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
2.17
Grade Unit
%
Intercept
2 m
From
32 m
To
34 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-07:32-34
Mining Method
open_pit

Location

Easting
577462
Northing
6195853
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-14T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This historical sub-interval shows a weak lead grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release

Evidence · table

“2.17”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-08Pipy South · goldGrade: 0.24Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-08
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
2 m
From
115 m
To
117 m
Hole Depth
209 m
Intercept Depth
115 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-08:115-117
Mining Method
open_pit

Location

Easting
577408
Northing
6195732
Elevation
217 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a narrow width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.24”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-08Pipy South · silverGrade: 0.185Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-08
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.185
Grade Unit
g/t
Intercept
2 m
From
115 m
To
117 m
Hole Depth
209 m
Intercept Depth
115 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-08:115-117
Mining Method
open_pit

Location

Easting
577408
Northing
6195732
Elevation
217 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.185”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-08Pipy South · leadGrade: 0.001Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-08
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.001
Grade Unit
%
Intercept
2 m
From
115 m
To
117 m
Hole Depth
209 m
Intercept Depth
115 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-08:115-117
Mining Method
open_pit

Location

Easting
577408
Northing
6195732
Elevation
217 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.001”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-09Pipy South · goldGrade: 0.24Grade Unit: g/tIntercept: 12.6 mView all details
Link to this fact

Identity

Hole ID
PG26-09
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
12.6 m
From
22.6 m
To
35.2 m
Hole Depth
143 m
Intercept Depth
22.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-09:22.6-35.2
Mining Method
open_pit

Location

Easting
577434
Northing
6195634
Elevation
223 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.24”

Context: 12.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-09Pipy South · silverGrade: 0.65Grade Unit: g/tIntercept: 12.6 mView all details
Link to this fact

Identity

Hole ID
PG26-09
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
12.6 m
From
22.6 m
To
35.2 m
Hole Depth
143 m
Intercept Depth
22.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-09:22.6-35.2
Mining Method
open_pit

Location

Easting
577434
Northing
6195634
Elevation
223 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.65”

Context: 12.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-09Pipy South · leadGrade: 0.003Grade Unit: %Intercept: 12.6 mView all details
Link to this fact

Identity

Hole ID
PG26-09
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.003
Grade Unit
%
Intercept
12.6 m
From
22.6 m
To
35.2 m
Hole Depth
143 m
Intercept Depth
22.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-09:22.6-35.2
Mining Method
open_pit

Location

Easting
577434
Northing
6195634
Elevation
223 m
Azimuth
45 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.003”

Context: 12.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · goldGrade: 0.66Grade Unit: g/tIntercept: 20.25 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
20.25 m
From
30.15 m
To
50.4 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:30.15-50.4
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a broad width (20.25m), which is positive for bulk tonnage potential and extends the known mineralization. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.66”

Context: 20.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · silverGrade: 4.65Grade Unit: g/tIntercept: 20.25 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
4.65
Grade Unit
g/t
Intercept
20.25 m
From
30.15 m
To
50.4 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:30.15-50.4
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“4.65”

Context: 20.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · leadGrade: 0.25Grade Unit: %Intercept: 20.25 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.25
Grade Unit
%
Intercept
20.25 m
From
30.15 m
To
50.4 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:30.15-50.4
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a broad width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.25”

Context: 20.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · goldGrade: 1.97Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.97
Grade Unit
g/t
Intercept
6.2 m
From
33 m
To
39.2 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:33-39.2
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new sub-interval shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone and extending mineralization. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“1.97”

Context: 6.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · silverGrade: 15.37Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
15.37
Grade Unit
g/t
Intercept
6.2 m
From
33 m
To
39.2 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:33-39.2
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new sub-interval shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“15.37”

Context: 6.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-11Pipy South · leadGrade: 0.69Grade Unit: %Intercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
PG26-11
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.69
Grade Unit
%
Intercept
6.2 m
From
33 m
To
39.2 m
Hole Depth
95 m
Intercept Depth
30.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-11:33-39.2
Mining Method
open_pit

Location

Easting
577475
Northing
6195879
Elevation
229 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new sub-interval shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.69”

Context: 6.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · goldGrade: 0.89Grade Unit: g/tIntercept: 13.35 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.89
Grade Unit
g/t
Intercept
13.35 m
From
23 m
To
35.95 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:23-35.95
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone and extending mineralization. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.89”

Context: 13.35

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · silverGrade: 3.71Grade Unit: g/tIntercept: 13.35 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
3.71
Grade Unit
g/t
Intercept
13.35 m
From
23 m
To
35.95 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:23-35.95
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“3.71”

Context: 13.35

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · leadGrade: 0.03Grade Unit: %Intercept: 13.35 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.03
Grade Unit
%
Intercept
13.35 m
From
23 m
To
35.95 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:23-35.95
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.03”

Context: 13.35

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · goldGrade: 0.31Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
4.3 m
From
43.1 m
To
47.4 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:43.1-47.4
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a narrow width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.31”

Context: 4.30

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · silverGrade: 0.54Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
4.3 m
From
43.1 m
To
47.4 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:43.1-47.4
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.54”

Context: 4.30

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-12Pipy South · leadGrade: 0Grade Unit: %Intercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
PG26-12
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0
Grade Unit
%
Intercept
4.3 m
From
43.1 m
To
47.4 m
Hole Depth
86 m
Intercept Depth
23 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-12:43.1-47.4
Mining Method
open_pit

Location

Easting
577500
Northing
6195900
Elevation
218 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a zero lead grade over a narrow width, contributing to the overall understanding of the zone but not representing a significant new discovery. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.00”

Context: 4.30

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · goldGrade: 0.56Grade Unit: g/tIntercept: 15.6 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
15.6 m
From
26.3 m
To
41.9 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:26.3-41.9
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone and extending mineralization. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.56”

Context: 15.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · silverGrade: 2.2Grade Unit: g/tIntercept: 15.6 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
15.6 m
From
26.3 m
To
41.9 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:26.3-41.9
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“2.20”

Context: 15.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · leadGrade: 0.06Grade Unit: %Intercept: 15.6 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.06
Grade Unit
%
Intercept
15.6 m
From
26.3 m
To
41.9 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:26.3-41.9
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.06”

Context: 15.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · goldGrade: 0.24Grade Unit: g/tIntercept: 17.9 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
17.9 m
From
46.1 m
To
64 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:46.1-64
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.24”

Context: 17.90

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · silverGrade: 2.41Grade Unit: g/tIntercept: 17.9 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
2.41
Grade Unit
g/t
Intercept
17.9 m
From
46.1 m
To
64 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:46.1-64
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“2.41”

Context: 17.90

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-13Pipy South · leadGrade: 0Grade Unit: %Intercept: 17.9 mView all details
Link to this fact

Identity

Hole ID
PG26-13
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0
Grade Unit
%
Intercept
17.9 m
From
46.1 m
To
64 m
Hole Depth
127 m
Intercept Depth
26.3 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-13:46.1-64
Mining Method
open_pit

Location

Easting
577502
Northing
6195921
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a zero lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.00”

Context: 17.90

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-14Pipy South · goldGrade: 0.46Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
PG26-14
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
27.4 m
From
57.6 m
To
85 m
Hole Depth
137 m
Intercept Depth
57.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-14:57.6-85
Mining Method
open_pit

Location

Easting
577509
Northing
6195967
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a broad width (27.4m), which is positive for bulk tonnage potential and extends the known mineralization. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.46”

Context: 27.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-14Pipy South · silverGrade: 2.34Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
PG26-14
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
27.4 m
From
57.6 m
To
85 m
Hole Depth
137 m
Intercept Depth
57.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-14:57.6-85
Mining Method
open_pit

Location

Easting
577509
Northing
6195967
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a broad width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“2.34”

Context: 27.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-14Pipy South · leadGrade: 0.19Grade Unit: %Intercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
PG26-14
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.19
Grade Unit
%
Intercept
27.4 m
From
57.6 m
To
85 m
Hole Depth
137 m
Intercept Depth
57.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-14:57.6-85
Mining Method
open_pit

Location

Easting
577509
Northing
6195967
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a broad width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.19”

Context: 27.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · goldGrade: 0.82Grade Unit: g/tIntercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
10.4 m
From
106.6 m
To
117 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:106.6-117
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a moderate width, contributing to the overall understanding of the zone and extending mineralization. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.82”

Context: 10.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · silverGrade: 8.85Grade Unit: g/tIntercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
8.85
Grade Unit
g/t
Intercept
10.4 m
From
106.6 m
To
117 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:106.6-117
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“8.85”

Context: 10.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · leadGrade: 0.02Grade Unit: %Intercept: 10.4 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.02
Grade Unit
%
Intercept
10.4 m
From
106.6 m
To
117 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:106.6-117
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.02”

Context: 10.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · goldGrade: 0.41Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
5 m
From
131 m
To
136 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:131-136
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a narrow width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.41”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · silverGrade: 0.28Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.28
Grade Unit
g/t
Intercept
5 m
From
131 m
To
136 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:131-136
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.28”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-15Pipy South · leadGrade: 0.01Grade Unit: %Intercept: 5 mView all details
Link to this fact

Identity

Hole ID
PG26-15
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.01
Grade Unit
%
Intercept
5 m
From
131 m
To
136 m
Hole Depth
161 m
Intercept Depth
106.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-15:131-136
Mining Method
open_pit

Location

Easting
577505
Northing
6196030
Elevation
223 m
Azimuth
90 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.01”

Context: 5.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.26Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
2 m
From
42.6 m
To
44.6 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:42.6-44.6
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a narrow width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.26”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 0.81Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.81
Grade Unit
g/t
Intercept
2 m
From
42.6 m
To
44.6 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:42.6-44.6
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.81”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0
Grade Unit
%
Intercept
2 m
From
42.6 m
To
44.6 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:42.6-44.6
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a zero lead grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.00”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.43Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
8 m
From
115 m
To
123 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:115-123
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.43”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 0.51Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
8 m
From
115 m
To
123 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:115-123
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.51”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0
Grade Unit
%
Intercept
8 m
From
115 m
To
123 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:115-123
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a zero lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.00”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.47Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
21 m
From
149 m
To
170 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:149-170
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a broad width (21.0m), which is positive for bulk tonnage potential and extends the known mineralization. The lack of true width reduces confidence.

Positive factors

  • Broad Intercepts
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.47”

Context: 21.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 3.37Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
3.37
Grade Unit
g/t
Intercept
21 m
From
149 m
To
170 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:149-170
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a broad width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“3.37”

Context: 21.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0.28Grade Unit: %Intercept: 21 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.28
Grade Unit
%
Intercept
21 m
From
149 m
To
170 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:149-170
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a broad width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.28”

Context: 21.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.39Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
4 m
From
223 m
To
227 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:223-227
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a narrow width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.39”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 0.86Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
4 m
From
223 m
To
227 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:223-227
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.86”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0.04Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.04
Grade Unit
%
Intercept
4 m
From
223 m
To
227 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:223-227
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.04”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.55Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
4.75 m
From
237.6 m
To
242.35 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:237.6-242.35
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a weak gold grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.55”

Context: 4.75

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 1.85Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.85
Grade Unit
g/t
Intercept
4.75 m
From
237.6 m
To
242.35 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:237.6-242.35
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“1.85”

Context: 4.75

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0.01Grade Unit: %Intercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.01
Grade Unit
%
Intercept
4.75 m
From
237.6 m
To
242.35 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:237.6-242.35
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a narrow width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.01”

Context: 4.75

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · goldGrade: 0.25Grade Unit: g/tIntercept: 12.4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
12.4 m
From
264.6 m
To
277 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:264.6-277
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low gold grade over a moderate width, which is below economic thresholds for orogenic gold. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Low Grade

Evidence · table

“0.25”

Context: 12.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · silverGrade: 1.17Grade Unit: g/tIntercept: 12.4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
12.4 m
From
264.6 m
To
277 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:264.6-277
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low silver grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“1.17”

Context: 12.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

PG26-16Pipy South · leadGrade: 0.01Grade Unit: %Intercept: 12.4 mView all details
Link to this fact

Identity

Hole ID
PG26-16
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.01
Grade Unit
%
Intercept
12.4 m
From
264.6 m
To
277 m
Hole Depth
290 m
Intercept Depth
42.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-16:264.6-277
Mining Method
open_pit

Location

Easting
577396
Northing
6195763
Elevation
223 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: This new intercept shows a very low lead grade over a moderate width, contributing to the overall understanding of the zone. The lack of true width reduces confidence.

Positive factors

  • QA/QC Disclosed

Negative factors

  • Apparent Width Only

Evidence · table

“0.01”

Context: 12.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · goldGrade: 1.17Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
12 m
From
57 m
To
69 m
Intercept Depth
57 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:57-69
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.17 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 14.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“1.17”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · silverGrade: 27.77Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
27.77
Grade Unit
g/t
Intercept
12 m
From
57 m
To
69 m
Intercept Depth
57 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:57-69
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 27.77 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 333.2 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

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

Evidence · table

“27.77”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · leadGrade: 1.86Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.86
Grade Unit
%
Intercept
12 m
From
57 m
To
69 m
Intercept Depth
57 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:57-69
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.86 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 22.3 %·m is weak.

Negative factors

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

Evidence · table

“1.86”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · goldGrade: 1.05Grade Unit: g/tIntercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
28.3 m
From
78.8 m
To
107 m
Intercept Depth
78.8 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:78.8-107
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.05 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 29.7 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“1.05”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · silverGrade: 22.56Grade Unit: g/tIntercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
22.56
Grade Unit
g/t
Intercept
28.3 m
From
78.8 m
To
107 m
Intercept Depth
78.8 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:78.8-107
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 22.56 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 638.4 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

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

Evidence · table

“22.56”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · leadGrade: 0.95Grade Unit: %Intercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.95
Grade Unit
%
Intercept
28.3 m
From
78.8 m
To
107 m
Intercept Depth
78.8 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:78.8-107
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.95 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 26.9 %·m is weak (grade alone is below; the better of the two is used).

Negative factors

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

Evidence · table

“0.95”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · goldGrade: 8.01Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
8.01
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Intercept Depth
32 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:32-34
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 8.01 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 16.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 8.01 g/t gold is exceptional on the open_pit mining band.

Negative factors

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

Evidence · table

“8.01”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · silverGrade: 38.1Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
38.1
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Intercept Depth
32 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:32-34
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 38.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 76.2 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

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

Evidence · table

“38.10”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · leadGrade: 2.17Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
2.17
Grade Unit
%
Intercept
2 m
From
32 m
To
34 m
Intercept Depth
32 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:32-34
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 2.17 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 4.3 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

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

Evidence · table

“2.17”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · goldGrade: 1.97Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
gold
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
1.97
Grade Unit
g/t
Intercept
6.2 m
From
33 m
To
39.2 m
Intercept Depth
33 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:33-39.2
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.97 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 12.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“1.97”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · silverGrade: 15.37Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
15.37
Grade Unit
g/t
Intercept
6.2 m
From
33 m
To
39.2 m
Intercept Depth
33 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:33-39.2
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 15.37 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 95.3 g/t·m is below.

Negative factors

  • 15.37 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.37”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

includesPipy South · leadGrade: 0.69Grade Unit: %Intercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
Pipy South
Commodity
lead
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
0.69
Grade Unit
%
Intercept
6.2 m
From
33 m
To
39.2 m
Intercept Depth
33 m

Classification

Deposit Type
orogenic
Sample Type
drill
Group ID
includes:33-39.2
Mining Method
open_pit

QA/QC

Laboratory
Paragon Geochemical Laboratory and Agat Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.69 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 4.3 %·m is below.

Negative factors

  • 0.69 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.69”

Context: includes

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Initial exploration activities are focused on the Pipy South Project, which is adjacent to the Mystery Lake South area, "

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.