NiCAN Intersects Broad Zones of Gold Mineralization at Pipy South, Thompson, Manitoba

Original announcement by cnw on

Company
NiCAN Limited
Ticker
NICN
Exchange
Unavailable
Region
Manitoba
Primary commodity
Gold
Secondary commodities
Silver, Lead
Document categories
Drill results
Extracted
2026-09-14 11:36:26 UTC

Analysis by Minestarters Atlas

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 Property in Thompson, Manitoba. The program successfully extended the Horseshoe Gold Zone by 400m along strike, intersecting broad zones of gold mineralization including 75.0m at 0.65 g/t Au and 30.0m at 0.90 g/t Au, with a high-grade sub-intercept of 2.0m at 8.01 g/t Au. The company also expanded its land position at Pipy South to 65.2km2, identifying new prospective geological settings.

Reasoning: NiCAN's drill program successfully extended the Horseshoe Gold Zone by 400m along strike, confirming broad zones of gold mineralization. While most grades are moderate, the significant widths and a high-grade sub-intercept demonstrate the project's potential. The expansion of the land position and identification of new targets further enhance the prospectivity, despite the lack of true width determination for the reported intercepts.

Positive factors

  • Broad zones of gold mineralization intersected, extending the known strike length by 400m.
  • High-grade sub-intercept of 8.01 g/t Au over 2.0m in hole PG26-07.
  • Significant widths of mineralization, including 75.0m and 29.0m.
  • Expansion of land position to 65km2 with newly identified prospective geological settings.
  • Robust QA/QC program with certified labs and QP sign-off.

Negative factors

  • True widths have not been determined, potentially overstating apparent intercept lengths.
  • Most gold grades are moderate to weak compared to prior project averages, despite broad widths.
  • Assay results for silver and lead are pending for some significant gold intercepts.

Facts used in scoring: 32

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill 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”

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, with samples 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.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Mr. Bill Nielsen, P.Geo, a qualified person under NI 43-101, reviewed and approved the scientific and technical information in the press release.

Evidence · text

“Mr. Bill Nielsen, P.Geo, an independent consultant to NiCAN, who is a qualified person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects ("NI 43-101") has reviewed and approved the scientific and technical information in this press release.”

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 intercepts.

Evidence · text

“Note: True widths have not been determined”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The document mentions 'appreciable concentrations of galena (lead)' and reports lead grades, which can be a penalty element.

Evidence · text

“appreciable concentrations of galena (lead)”

Low Gradenegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Most gold intercepts, such as 75.0m at 0.65 g/t Au and 29.0m at 0.77 g/t Au, are below the strong grade threshold for orogenic open pit gold (2 g/t Au).

Evidence · table

“0.65”

Context: 75.0

Bonanza Interceptpositive

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

Why it applies: The intercept of 2.0m at 8.01 g/t Au in hole PG26-07 exceeds the exceptional grade threshold for orogenic open pit gold (5 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept confirms gold mineralization but is of weak grade and narrow width, though it contributes to extending the strike length.

Positive factors

  • Confirms gold mineralization in the area.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows moderate width gold mineralization, contributing to the overall strike extension, but the grade is below the project average.

Positive factors

  • Moderate width intercept.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows weak gold mineralization over a narrow width, contributing to the overall understanding of the zone.

Positive factors

  • Confirms gold mineralization in the area.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, indicating minor byproduct potential.

Negative factors

  • Silver grade is low.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Very low lead grade, indicating minimal byproduct potential.

Negative factors

  • Lead grade is very low.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept demonstrates significant width of gold mineralization, which is positive for bulk tonnage potential, despite the weak grade.

Positive factors

  • Strong intercept width (29.0m).
  • Confirms broad gold mineralization.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a strong width, indicating potential byproduct credits.

Positive factors

  • Strong intercept width for silver.

Negative factors

  • Silver grade is moderate.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate lead grade over a strong width, indicating potential byproduct credits and correlation with gold mineralization.

Positive factors

  • Moderate lead grade over a strong width.

Negative factors

  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This sub-intercept shows a slightly higher gold grade within a broader zone, contributing to the overall mineralization.

Positive factors

  • Moderate width sub-intercept.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade within a sub-intercept, indicating potential byproduct credits.

Positive factors

  • Moderate silver grade over a moderate width.

Negative factors

  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate lead grade within a sub-intercept, indicating potential byproduct credits and correlation with gold mineralization.

Positive factors

  • Moderate lead grade over a moderate width.

Negative factors

  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept is highly material due to its exceptional width, indicating a very large mineralized system, despite the weak gold grade.

Positive factors

  • Exceptional intercept width (75.0m).
  • Confirms very broad gold mineralization.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over an exceptional width, indicating significant byproduct potential within the broad mineralized zone.

Positive factors

  • Exceptional intercept width for silver.

Negative factors

  • Silver grade is moderate.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate lead grade over an exceptional width, indicating potential byproduct credits and correlation with gold mineralization.

Positive factors

  • Exceptional intercept width for lead.

Negative factors

  • Lead grade is moderate.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This sub-intercept shows strong width of gold mineralization with a moderate grade, reinforcing the bulk tonnage potential.

Positive factors

  • Strong intercept width (28.3m).
  • Confirms broad gold mineralization.

Negative factors

  • Grade is moderate for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a strong width, indicating potential byproduct credits within the broad mineralized zone.

Positive factors

  • Strong intercept width for silver.

Negative factors

  • Silver grade is moderate.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate lead grade over a strong width, indicating potential byproduct credits and correlation with gold mineralization.

Positive factors

  • Moderate lead grade over a strong width.

Negative factors

  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows strong width of gold mineralization, contributing to the overall strike extension, despite the weak grade.

Positive factors

  • Strong intercept width (30.0m).
  • Confirms broad gold mineralization.

Negative factors

  • Grade is weak for orogenic gold in an open pit scenario.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a strong width, indicating minor byproduct potential.

Positive factors

  • Strong intercept width for silver.

Negative factors

  • Silver grade is low.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low lead grade over a strong width, indicating minor byproduct potential.

Positive factors

  • Strong intercept width for lead.

Negative factors

  • Lead grade is low.
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade sub-intercept is a significant positive, demonstrating the presence of higher-grade zones within the broader mineralization, despite its narrow width.

Positive factors

  • Strong gold grade (8.01 g/t Au) for orogenic open pit.
  • Exceeds project average grade.

Negative factors

  • Narrow intercept width (2.0m).
  • 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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade in a narrow sub-intercept, indicating potential byproduct credits.

Positive factors

  • Moderate silver grade (59.1 g/t Ag).

Negative factors

  • Narrow intercept width (2.0m).
  • True width not determined.

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate lead grade in a narrow sub-intercept, indicating potential byproduct credits and correlation with gold mineralization.

Positive factors

  • Moderate lead grade (2.17% Pb).

Negative factors

  • Narrow intercept width (2.0m).
  • True width not determined.

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

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

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

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

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

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

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

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

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

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.