Nican Intersects Broad Zones Of Gold Mineralization At Pipy South Thompson Manitoba 75M At 065Gt Gold And 30M At 09Gt Gold Including 2M Of 8Gt Gold Expands Pipy South Land Position To 65Km2

Original announcement by prospectors_exchange on

Company
NiCAN Limited
Ticker
NICN
Exchange
Unavailable
Region
Manitoba
Primary commodity
Gold
Secondary commodities
Silver, Lead
Document categories
Drill results
Extracted
2026-09-16 17:06:56 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

NiCAN Limited announced assay results from the first seven holes of its 16-hole diamond drill program at the Pipy South Project in Thompson, Manitoba. The drilling confirmed broad zones of gold mineralization, extending the Horseshoe Gold zone at least 400m along strike. Highlights include 75.0m at 0.65 g/t gold and 30.0m at 0.90 g/t gold, with a high-grade sub-interval of 2.0m at 8.01 g/t gold. The company also expanded its land position to 65.2 km².

Reasoning: NiCAN's drill results from the Pipy South Project confirm broad gold mineralization extending along strike, including an exceptional high-grade intercept of 8.01 g/t Au over 2.0m. While many intercepts are lower grade, the broad widths and strike extension are positive for the project's scale. The lack of true width determination is a minor drawback.

Positive factors

  • Exceptional gold grade in one intercept
  • Broad zones of gold mineralization confirmed
  • Mineralization extended along strike
  • QA/QC procedures disclosed and labs certified
  • QP sign-off provides credibility

Negative factors

  • True widths not determined for reported intercepts
  • Many gold intercepts are moderate to weak grade for the deposit type

Facts used in scoring: 32

Classification and evidence

QA/QC Disclosedpositive

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

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

Evidence · text

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

Apparent Width Onlynegative

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

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

Evidence · text

“Note: True widths have not been determined”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections reported in early 2026.

Evidence · text

“Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections reported in early 2026, representing a significant step in defining the scale of this system.”

Bonanza Interceptpositive

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

Why it applies: The intercept of 8.01 g/t Au over 2.0m in hole PG26-07 is an exceptional grade for an orogenic open pit deposit (threshold >= 3 g/t Au).

Evidence · table

“8.01”

Context: 2.0

Extracted facts

Stored fact records: 32. Some facts used in scoring do not have a stored record.

Drill Results (32)

PG26-01Pipy South · goldGrade: 0.91Grade Unit: g/tIntercept: 3.5 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall strike extension but not a standout result on its own. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

Evidence · table

“0.91”

Context: 3.5

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, confirming mineralization but not significantly exceeding prior results. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

Evidence · table

“1.26”

Context: 12.7

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

PG26-03Pipy South · goldGrade: 0.89Grade Unit: g/tIntercept: 7.55 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, consistent with disseminated mineralization but not a high-impact result. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

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

PG26-03Pipy South · silverGrade: 3.54Grade Unit: g/tIntercept: 7.55 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

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

PG26-03Pipy South · leadGrade: 0.05Grade Unit: %Intercept: 7.55 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is well below weak threshold

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

PG26-05Pipy South · goldGrade: 0.77Grade Unit: g/tIntercept: 29 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows a broad zone of weak gold mineralization, which is positive for potential bulk tonnage but the grade is below the moderate threshold. True width is not disclosed.

Positive factors

  • Broad intercept length

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is weak for an orogenic open pit deposit

Evidence · table

“0.77”

Context: 29.0

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

PG26-05Pipy South · silverGrade: 12.83Grade Unit: g/tIntercept: 29 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

Evidence · table

“12.83”

Context: 29.0

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

PG26-05Pipy South · leadGrade: 0.79Grade Unit: %Intercept: 29 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is well below weak threshold

Evidence · table

“0.79”

Context: 29.0

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold grade over a reasonable width, improving on the broader interval but still within expected ranges. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

Evidence · table

“1.17”

Context: 12.0

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

Evidence · table

“27.77”

Context: 12.0

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is weak for the commodity. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is weak for the commodity

Evidence · table

“1.86”

Context: 12.0

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

PG26-06Pipy South · goldGrade: 0.65Grade Unit: g/tIntercept: 75 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept is very broad, indicating significant mineralization continuity, which is a strong positive for bulk tonnage potential despite the weak average gold grade. True width is not disclosed.

Positive factors

  • Very broad intercept length
  • Strong grade-thickness product (48.75 g/t*m)

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is weak for an orogenic open pit deposit

Evidence · table

“0.65”

Context: 75.0

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

PG26-06Pipy South · silverGrade: 11.55Grade Unit: g/tIntercept: 75 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

Evidence · table

“11.55”

Context: 75.0

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

PG26-06Pipy South · leadGrade: 0.56Grade Unit: %Intercept: 75 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is well below weak threshold

Evidence · table

“0.56”

Context: 75.0

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

PG26-06Pipy South · goldGrade: 1.05Grade Unit: g/tIntercept: 28.3 mView 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
28.3 m
From
78.8 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.8-107
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold grade over a broad width, improving on the broader interval and contributing positively to the overall mineralization. True width is not disclosed.

Positive factors

  • Broad intercept length

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

Evidence · table

“1.05”

Context: 28.3

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

PG26-06Pipy South · silverGrade: 22.56Grade Unit: g/tIntercept: 28.3 mView 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
28.3 m
From
78.8 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.8-107
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

Evidence · table

“22.56”

Context: 28.3

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

PG26-06Pipy South · leadGrade: 0.95Grade Unit: %Intercept: 28.3 mView 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
28.3 m
From
78.8 m
To
107 m
Hole Depth
155 m
Intercept Depth
50 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
PG26-06:78.8-107
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is well below weak threshold

Evidence · table

“0.95”

Context: 28.3

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

PG26-07Pipy South · goldGrade: 0.9Grade Unit: g/tIntercept: 30 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows a broad zone of moderate gold mineralization, which is positive for potential bulk tonnage. True width is not disclosed.

Positive factors

  • Broad intercept length

Negative factors

  • Apparent width only, true width not determined
  • Gold grade is moderate for an orogenic open pit deposit

Evidence · table

“0.90”

Context: 30.0

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

PG26-07Pipy South · silverGrade: 5.19Grade Unit: g/tIntercept: 30 mView 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
5.19
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is well below weak threshold

Evidence · table

“5.19”

Context: 30.0

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

PG26-07Pipy South · leadGrade: 0.21Grade Unit: %Intercept: 30 mView 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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is very low and not material. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is well below weak threshold

Evidence · table

“0.21”

Context: 30.0

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade, significantly higher than other reported results, indicating a high-grade zone within the broader mineralization. True width is not disclosed.

Positive factors

  • Exceptional gold grade for an orogenic open pit deposit
  • Bonanza Intercept

Negative factors

  • Apparent width only, true width not determined

Evidence · table

“8.01”

Context: 2.0

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

PG26-07Pipy South · silverGrade: 59.1Grade Unit: g/tIntercept: 2 mView 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
59.1
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Hole Depth
167 m
Intercept Depth
25 m

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The silver grade is weak for the commodity. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Silver grade is weak for the commodity

Evidence · table

“59.1”

Context: 2.0

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

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

Identity

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

Geometry

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

Classification

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

Location

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

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: The lead grade is weak for the commodity. True width is not disclosed.

Negative factors

  • Apparent width only, true width not determined
  • Lead grade is weak for the commodity

Evidence · table

“2.17”

Context: 2.0

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

includeswhile also significantly advancing our understanding of the geology controlling the · goldGrade: 1.17Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · silverGrade: 27.77Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · leadGrade: 1.86Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · goldGrade: 1.05Grade Unit: g/tIntercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · silverGrade: 22.56Grade Unit: g/tIntercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · leadGrade: 0.95Grade Unit: %Intercept: 28.3 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · goldGrade: 8.01Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

includeswhile also significantly advancing our understanding of the geology controlling the · silverGrade: 59.1Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
Commodity
silver
Region
canada_mb
Reported Region
canada_mb
Ticker
NICN

Geometry

Grade
59.1
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: Expanded from assay table. 59.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 118.2 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

“59.1”

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

includeswhile also significantly advancing our understanding of the geology controlling the · leadGrade: 2.17Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
includes
Project
while also significantly advancing our understanding of the geology controlling the
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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

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

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.