# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a

Original source: https://www.nicanltd.com/news/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

Publisher: prospectors\_exchange

Original announcement: 2026-09-14T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-16T17:06:55.665Z

Atlas analysis updated: 2026-09-16T17:06:55.665Z

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: Exceptional gold grade in one intercept

- Positive factor: Broad zones of gold mineralization confirmed

- Positive factor: Mineralization extended along strike

- Positive factor: QA/QC procedures disclosed and labs certified

- Positive factor: QP sign-off provides credibility

- Negative factor: True widths not determined for reported intercepts

- Negative factor: Many gold intercepts are moderate to weak grade for the deposit type

Facts used in scoring: 32

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The 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 Only**

Polarity: negative

Definition: 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 Extension**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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)

### PG26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-0)

Pipy South · gold

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 0.91

Context: 3.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-1)

Pipy South · gold

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 1.26

Context: 12.7

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-2)

Pipy South · gold

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 0.89

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-3)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 3.54

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-4)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is well below weak threshold

Evidence · table

> 0.05

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-5)

Pipy South · gold

#### 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 factor: Broad intercept length

- Negative factor: Apparent width only, true width not determined

- Negative factor: Gold grade is weak for an orogenic open pit deposit

Evidence · table

> 0.77

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-6)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 12.83

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-7)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is well below weak threshold

Evidence · table

> 0.79

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-8)

Pipy South · gold

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 1.17

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-9)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 27.77

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-05

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-10)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is weak for the commodity

Evidence · table

> 1.86

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-11)

Pipy South · gold

#### 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 factor: Very broad intercept length

- Positive factor: Strong grade-thickness product \(48.75 g/t\*m\)

- Negative factor: Apparent width only, true width not determined

- Negative factor: Gold grade is weak for an orogenic open pit deposit

Evidence · table

> 0.65

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-12)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 11.55

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-13)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is well below weak threshold

Evidence · table

> 0.56

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-14)

Pipy South · gold

#### 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 factor: Broad intercept length

- Negative factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 1.05

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-15)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 22.56

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-06

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-16)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is well below weak threshold

Evidence · table

> 0.95

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-17)

Pipy South · gold

#### 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 factor: Broad intercept length

- Negative factor: Apparent width only, true width not determined

- Negative factor: Gold grade is moderate for an orogenic open pit deposit

Evidence · table

> 0.90

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-18)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is well below weak threshold

Evidence · table

> 5.19

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-19)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is well below weak threshold

Evidence · table

> 0.21

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-20)

Pipy South · gold

#### 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 factor: Exceptional gold grade for an orogenic open pit deposit

- Positive factor: Bonanza Intercept

- Negative factor: Apparent width only, true width not determined

Evidence · table

> 8.01

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-21)

Pipy South · silver

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Silver grade is weak for the commodity

Evidence · table

> 59.1

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### PG26-07

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-22)

Pipy South · lead

#### 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 factor: Apparent width only, true width not determined

- Negative factor: Lead grade is weak for the commodity

Evidence · table

> 2.17

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-23)

while also significantly advancing our understanding of the geology controlling the · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.17

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-24)

while also significantly advancing our understanding of the geology controlling the · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 27.77

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-25)

while also significantly advancing our understanding of the geology controlling the · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.86

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-26)

while also significantly advancing our understanding of the geology controlling the · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.05

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-27)

while also significantly advancing our understanding of the geology controlling the · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 22.56

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-28)

while also significantly advancing our understanding of the geology controlling the · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.95

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-29)

while also significantly advancing our understanding of the geology controlling the · gold

#### 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 factor: 8.01 g/t gold is exceptional on the open\_pit mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 8.01

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-30)

while also significantly advancing our understanding of the geology controlling the · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 59.1

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### includes

[Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--1237eff1-f700-4ee3-9f87-a221868c818a#fact-drill-facts-31)

while also significantly advancing our understanding of the geology controlling the · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.17

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## 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.