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 prospectors_exchange on Oct 13, 2026

Bullish

Company: NiCAN Limited
Ticker: NICN
Exchange: Unavailable
Region: Thompson, Manitoba
Primary commodity: Gold
Secondary commodities: Silver, Lead
Document categories: Drill results
Extracted: 2026-10-13 13:22:37 UTC

Atlas analysis published: Oct 13, 2026

Minestarters Atlas analysis

Summary

NiCAN Limited announced drill results from its Pipy South Property in Manitoba, confirming the Horseshoe Gold Zone extends over 400 metres in strike length and remains open in all directions. The program intersected broad, near-surface gold mineralization, with highlights including 8.01 g/t Au over 2.0 metres and 1.05 g/t Au over 28.3 metres. The company also identified potential for significantly larger, geologically similar structures to the south, which will guide future exploration.

Reasoning: The drill program successfully extended the Horseshoe Gold Zone's strike length by over 400 metres, confirming broad, near-surface gold mineralization and identifying potential for significantly larger structures to the south. While individual grades are moderate, the overall strike extension and exploration potential are positive, despite true widths not being determined and some results being re-released.

Positive factors

Strike Extension
Potential for Larger Structures
Broad Zones of Mineralization
QA/QC Disclosed

Negative factors

Apparent Width Only
Some Results Previously Released

Facts used in scoring: 101

Classification and evidence

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 release explicitly states that 'True widths have not been determined' for the reported drill intercepts.

Evidence · text

“True widths have not been determined”

QA/QC Disclosedpositive

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

Why it applies: The release details a 'vigorous QAQC program' including certified standards, blanks, and duplicates, and names two independent certified laboratories and a Qualified Person.

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.”

Stale Data Re-releasenegative

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

Why it applies: The release states that 'The first 7 diamond drill holes were previously released ( See Press Release dated September 14, 2026 )', indicating that results for holes PG26-01 to PG26-07 are not new.

Evidence · text

“The first 7 diamond drill holes were previously released ( See Press Release dated September 14, 2026 )”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling program's objective was to extend the strike length of the gold zone, and the company confirmed it extended 'by over 400 metres'.

Evidence · text

“extending the strike length of the new gold zone by over 400 metres”

Extracted facts

Stored fact records: 101. Some facts used in scoring do not have a stored record.

Drill Results (101)

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

Deleterious

Deleterious Flag: No

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: Weak gold grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Very low lead grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 48.5 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

Deleterious

Deleterious Flag: No

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: Moderate gold grade over a good width (GT 16.00), previously released, with true width not determined.

Positive factors

Moderate GT
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 48.5 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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Below economic threshold gold grade, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only
Stale Data Re-release

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak lead grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Moderate gold grade over a narrow width, previously released, with true width not determined.

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Very low lead grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 107 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

Deleterious

Deleterious Flag: No

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: Below economic threshold gold grade, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only
Stale Data Re-release

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 107 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

Deleterious

Deleterious Flag: No

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: Very low silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 107 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

Deleterious

Deleterious Flag: No

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: Weak lead grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Below economic threshold gold grade, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only
Stale Data Re-release

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Very low silver grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Very low lead grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 48 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

Deleterious

Deleterious Flag: No

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: Weak gold grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 48 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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 48 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

Deleterious

Deleterious Flag: No

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: Very low lead grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak gold grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak lead grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 57 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

Deleterious

Deleterious Flag: No

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: Moderate gold grade over a good width (GT 14.04), previously released, with true width not determined.

Positive factors

Moderate GT
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 57 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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 57 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

Deleterious

Deleterious Flag: No

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: Moderate lead grade over a good width, previously released, with true width not determined.

Positive factors

Moderate Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Broad intercept with moderate GT (48.75), but weak gold grade and previously released, with true width not determined.

Positive factors

Moderate GT
QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a broad width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak lead grade over a broad width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 78.75 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

Deleterious

Deleterious Flag: No

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: Moderate gold grade over a good width (GT 29.66), previously released, with true width not determined.

Positive factors

Moderate GT
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 78.75 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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 78.75 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

Deleterious

Deleterious Flag: No

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: Moderate lead grade over a good width, previously released, with true width not determined.

Positive factors

Moderate Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Moderate gold grade over a good width (GT 27.00), previously released, with true width not determined.

Positive factors

Moderate GT
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

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: Weak lead grade over a good width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 32 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

Deleterious

Deleterious Flag: No

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: Exceptional gold grade over a narrow width (GT 16.02), previously released, with true width not determined.

Positive factors

Exceptional Grade
QA/QC Disclosed

Negative factors

Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 32 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

Deleterious

Deleterious Flag: No

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: Weak silver grade over a narrow width, previously released, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 32 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

Deleterious

Deleterious Flag: No

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: Strong lead grade over a narrow width, previously released, with true width not determined.

Positive factors

Strong Grade
QA/QC Disclosed

Negative factors

Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Narrow Width
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 33 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Moderate gold grade over a narrow width (GT 12.21), with true width not determined.

Positive factors

Moderate GT
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 33 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 33 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak lead grade over a narrow width, with true width not determined.

Positive factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Moderate gold grade over a good width, with true width not determined.

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 43.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 43.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 43.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 46.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 46.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 46.1 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Moderate gold grade over a good width, with true width not determined.

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 131 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 131 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 131 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Narrow Width
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 115 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 115 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 115 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 149 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 149 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 149 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 223 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 223 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 223 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 237.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Weak gold grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 237.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 237.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a narrow width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
Narrow Width
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 264.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Below economic threshold gold grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Below Threshold Grade
Apparent Width Only

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 264.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low silver grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: 264.6 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

Deleterious

Deleterious Flag: No

Review

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

Dates

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

Reasoning: Very low lead grade over a good width, with true width not determined.

Positive factors

QA/QC Disclosed

Negative factors

Weak Grade
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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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: "NiCan Ltd - News Corporate About Us Management Board of Directors Advisors Projects Overview Wine Project Pipy Project I"

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.