# NiCAN Intersects Broad Zones of Gold Mineralization at Pipy South, Thompson, Manit... Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--b696e858-d52f-4555-ade6-7f3df5db8ce9 Original source: https://www.nicanltd.com/_resources/news/20260914%20NiCAN_Pipy%20South%20Drilling%20Program%20-%20Final.pdf Publisher: prospectors\_exchange Original announcement: 2026-09-14T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-16T17:04:34.141Z Atlas analysis updated: 2026-09-16T17:04:34.141Z - Company: NiCAN - Ticker: NICN - Exchange: Unavailable - Region: Manitoba - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Drill results - Extracted: 2026-09-16 17:04:34 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary NiCAN has released the first seven assay results from its 2,395-metre diamond drill program at the Pipy South Property in Manitoba. The results include broad gold-silver intercepts and indicate the Horseshoe Gold zone extends at least 400 metres along strike. Reasoning: First results from a new 16-hole program showing broad gold and silver intercepts and strike continuity. - Positive factor: broad mineralization - Positive factor: strike extension Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The Horseshoe Gold zone extends at least 400 metres along strike. Evidence · text > The Horseshoe Gold zone extends at least 400 metres along strike ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### PG26-06 [Link to this fact](https://atlas-staging.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-0) 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 #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Broad 75m intercept of gold. - Positive factor: broad width Evidence · text > 75.0 metres of 0.65 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-1) 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 #### Classification - Program: exploration - Sample Type: drill - Group ID: PG26-06:0-75 - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Silver byproduct in broad gold intercept. Evidence · text > 11.55 g/t silver in PG26-06 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-2) 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 #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 30m intercept including a high-grade 2m zone. - Positive factor: high grade sub-interval Evidence · text > 30 metres of 0.90 g/t gold in PG26-07 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-3) 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 #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Strong 2m sub-interval at 8.01 g/t gold. - Positive factor: high grade Evidence · text > including 2.0 metres of 8.01 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-4) 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 #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: 29m intercept of gold. - Positive factor: broad width Evidence · text > 29.0 metres of 0.77 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--b696e858-d52f-4555-ade6-7f3df5db8ce9#fact-drill-facts-5) 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 #### Classification - Program: exploration - Sample Type: drill - Group ID: PG26-05:0-29 - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Silver byproduct in broad gold intercept. Evidence · text > 12.83 g/t silver in PG26-05 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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.