# Infinico Announces Drilling Results from its Phase 2 Program at the Nicobi Nickel, Copper & Cobalt Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke--df061245-7a47-4d8e-996d-12ca57a15917 Original source: https://money.tmx.com/en/quote/INFM/news/6846086983858979/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke Publisher: tmx Original announcement: 2024-08-12T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Infinico Metals Corp. - Ticker: INFM - Exchange: TSX - Region: Québec - Primary commodity: Nickel - Secondary commodities: Copper, Cobalt, Platinum, Palladium - Document categories: Drill results - Extracted: 2026-09-14 07:05:05 UTC Narrative sentiment: -0.80 · Bearish ## Minestarters Atlas summary Infinico Metals Corp. has completed its Phase 2 drilling program at the Nicobi Project in Québec, which failed to identify any significant mineralization. The company stated that the main area of known mineralization is now considered closed off and will shift focus to regional exploration across the wider 59.52 km2 claim package. Reasoning: The Phase 2 drilling program failed to find significant mineralization, effectively closing off the primary target area at Showing A. - Negative factor: failed to identify further mineralization - Negative factor: main area of known mineralization considered closed off Facts used in scoring: 4 ## Classification and evidence **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: The release does not disclose specific QA/QC protocols or lab certification for the Phase 2 program. Evidence · text > The program did not yield any significant drill results. ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke--df061245-7a47-4d8e-996d-12ca57a15917#fact-drill-facts-0) Nicobi · nickel Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Nicobi - Commodity: nickel - Region: canada\_qc - Reported Region: canada\_qc - Ticker: INFM #### Geometry - Grade: 1.37 - Grade Unit: % - Intercept: 51.94 m - From: 6.1 m - To: 58.04 m - Intercept Depth: 6.1 m #### Classification - Sample Type: drill - Group ID: Nicobi:6.1-58.04 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2024-08-12T00:00:00.000Z Reasoning: This is a restatement of the Phase 1 results from January 2024. - Positive factor: strong grade and width Evidence · text > In January 2024 Infinico Metals conducted a 1,167 m drill program at Showing A and intercepted 51.94 m at 1.37% Ni #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Nicobi Drill Program Five boreholes totalling 1,272 m of drilling was conducted at the Nicobi nickel, copper and cobalt " ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke--df061245-7a47-4d8e-996d-12ca57a15917#fact-drill-facts-1) Nicobi · copper Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Nicobi - Commodity: copper - Region: canada\_qc - Reported Region: canada\_qc - Ticker: INFM #### Geometry - Grade: 0.38 - Grade Unit: % - Intercept: 51.94 m - From: 6.1 m - To: 58.04 m - Intercept Depth: 6.1 m #### Classification - Sample Type: drill - Group ID: Nicobi:6.1-58.04 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2024-08-12T00:00:00.000Z Reasoning: Restatement of Phase 1 results. Evidence · text > 51.94 m at 1.37% Ni, 0.38% Cu #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Nicobi Drill Program Five boreholes totalling 1,272 m of drilling was conducted at the Nicobi nickel, copper and cobalt " ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke--df061245-7a47-4d8e-996d-12ca57a15917#fact-drill-facts-2) Nicobi · cobalt Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Nicobi - Commodity: cobalt - Region: canada\_qc - Reported Region: canada\_qc - Ticker: INFM #### Geometry - Grade: 418 - Grade Unit: ppm - Intercept: 51.94 m - From: 6.1 m - To: 58.04 m - Intercept Depth: 6.1 m #### Classification - Sample Type: drill - Group ID: Nicobi:6.1-58.04 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2024-08-12T00:00:00.000Z Reasoning: Restatement of Phase 1 results. Evidence · text > 418 ppm Co #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Nicobi Drill Program Five boreholes totalling 1,272 m of drilling was conducted at the Nicobi nickel, copper and cobalt " ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/infinico-announces-drilling-results-from-its-phase-2-program-at-the-nicobi-nicke--df061245-7a47-4d8e-996d-12ca57a15917#fact-drill-facts-3) Nicobi · platinum Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Nicobi - Commodity: platinum - Region: canada\_qc - Reported Region: canada\_qc - Ticker: INFM #### Geometry - Grade: 0.16 - Grade Unit: g/t - Intercept: 51.94 m - From: 6.1 m - To: 58.04 m - Intercept Depth: 6.1 m #### Classification - Sample Type: drill - Group ID: Nicobi:6.1-58.04 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2024-08-12T00:00:00.000Z Reasoning: Restatement of Phase 1 results. Evidence · text > 0.16 g/t Pt+Pd #### 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Nicobi Drill Program Five boreholes totalling 1,272 m of drilling was conducted at the Nicobi nickel, copper and cobalt " ## 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.