Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario
Original announcement by tmx on
- Company
- Magna Mining Inc.
- Ticker
- NICU
- Exchange
- TSX
- Region
- Sudbury, Ontario, Canada
- Primary commodity
- Copper
- Secondary commodities
- Nickel, Cobalt, Platinum, Palladium, Gold, Silver
- Document categories
- Resource update
- Extracted
- 2026-09-14 15:20:22 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Magna Mining Inc. has announced its initial NI 43-101 compliant Mineral Resource Estimate for the past-producing Levack Mine in Sudbury, Ontario, effective August 31, 2025. The estimate includes 6.1 million tonnes in the Indicated category at 3.5% CuEq and 5.2 million tonnes in the Inferred category at 3.6% CuEq. The company plans to use this MRE as the basis for a Preliminary Economic Assessment (PEA) and is advancing towards a potential production restart.
Reasoning: Magna Mining's initial Mineral Resource Estimate for the Levack Mine confirms significant mineralization, including high-grade footwall deposits and substantial contact-type mineralization, which will serve as the basis for a Preliminary Economic Assessment and potential production restart, indicating strong positive progress for the project.
Positive factors
- Maiden resource estimate for the Levack Mine
- Significant Indicated and Inferred resources established
- High-grade footwall deposits identified, including Morrison and No.3 FW
- Resource forms the basis for a Preliminary Economic Assessment (PEA)
- NI 43-101 compliant and signed off by a Qualified Person
- Existing infrastructure can be utilized for potential production restart
- Potential for resource expansion at depth and in other footwall areas
Negative factors
- Contained metal not explicitly disclosed in the tables or prose
Facts used in scoring: 196
Extracted facts
Stored fact records: 196. Some facts used in scoring do not have a stored record.
Resource Estimates (196)
indicatedLevack Mine · copperTonnes: 5928000Grade: 0.89Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.89
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows a substantial tonnage with a good copper grade, contributing significantly to the overall maiden MRE.
Positive factors
- Significant indicated tonnage for contact deposit
- Good copper grade for indicated resource
- Maiden resource estimate
Evidence · table
“0.89”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 5928000Grade: 1.41Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 1.41
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows a substantial tonnage with a good nickel grade, contributing significantly to the overall maiden MRE.
Positive factors
- Significant indicated tonnage for contact deposit
- Good nickel grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.41”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 5928000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.05
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Contact deposit, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.05”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 5928000Grade: 0.46Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.46
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the indicated resource for the Contact deposit, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.46”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 5928000Grade: 0.56Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.56
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the indicated resource for the Contact deposit, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.56”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 5928000Grade: 0.07Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.07
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the indicated resource for the Contact deposit, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.07”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 5928000Grade: 0.99Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f1e42cf527b22d1003d0
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 5928000
- Grade
- 0.99
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.18
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the indicated resource for the Contact deposit, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.99”
Context: 5,928,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 178000Grade: 9.06Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 9.06
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.06”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 178000Grade: 2.37Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 2.37
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high nickel grade, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.37”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 178000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Footwall deposit, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 178000Grade: 3.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 3.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high platinum grade at a 2.50% CuEq cut-off, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.60”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 178000Grade: 6.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 6.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high palladium grade at a 2.50% CuEq cut-off, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.58”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 178000Grade: 1.56Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 1.56
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a good gold grade at a 2.50% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.56”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 178000Grade: 34.15Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dbf4cee7285d11d9475a
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 34.15
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high silver grade at a 2.50% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“34.15”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 6106000Grade: 1.13Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 1.13
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The total indicated resource for the Levack Mine shows significant tonnage with a good overall copper grade, representing a strong foundation for the maiden MRE.
Positive factors
- Significant total indicated tonnage
- Good overall copper grade
- Maiden resource estimate
Evidence · table
“1.13”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 6106000Grade: 1.44Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 1.44
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The total indicated resource for the Levack Mine shows significant tonnage with a good overall nickel grade, contributing to the strong foundation of the maiden MRE.
Positive factors
- Significant total indicated tonnage
- Good overall nickel grade
- Maiden resource estimate
Evidence · table
“1.44”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 6106000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the total indicated resource for the Levack Mine, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in total indicated resource
- Maiden resource estimate
Evidence · table
“0.04”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 6106000Grade: 0.56Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 0.56
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the total indicated resource for the Levack Mine, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct in total indicated resource
- Maiden resource estimate
Evidence · table
“0.56”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 6106000Grade: 0.74Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 0.74
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the total indicated resource for the Levack Mine, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct in total indicated resource
- Maiden resource estimate
Evidence · table
“0.74”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 6106000Grade: 0.11Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 0.11
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the total indicated resource for the Levack Mine, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct in total indicated resource
- Maiden resource estimate
Evidence · table
“0.11”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 6106000Grade: 1.95Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:77837a33c1c5fa4d35b9
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 6106000
- Grade
- 1.95
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.54
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the total indicated resource for the Levack Mine, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct in total indicated resource
- Maiden resource estimate
Evidence · table
“1.95”
Context: 6,106,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 4797000Grade: 0.87Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.87
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.87”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 4797000Grade: 1.46Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 1.46
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good nickel grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant inferred tonnage for contact deposit
- Good nickel grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.46”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 4797000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the Contact deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.04”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 4797000Grade: 0.39Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.39
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the inferred resource for the Contact deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Platinum present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.39”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 4797000Grade: 0.4Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.4
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the inferred resource for the Contact deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Palladium present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.40”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 4797000Grade: 0.05Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.05
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the inferred resource for the Contact deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Gold present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 4797000Grade: 0.68Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:30167a6c86aad3bf1c5b
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 4797000
- Grade
- 0.68
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.15
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the inferred resource for the Contact deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Silver present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.68”
Context: 4,797,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 368000Grade: 5.42Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 5.42
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.42”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 368000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a good nickel grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good nickel grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.75”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 368000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the Footwall deposit, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 368000Grade: 2.91Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 2.91
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high platinum grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High platinum grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.91”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 368000Grade: 5.4Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 5.4
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a very high palladium grade, significantly boosting the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Very high palladium grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.40”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 368000Grade: 1.53Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 1.53
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a good gold grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good gold grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.53”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 368000Grade: 21Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b4ce2178132e97a8d467
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 21
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high silver grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High silver grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“21.00”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 5165000Grade: 1.19Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 1.19
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The total inferred resource for the Levack Mine shows significant tonnage with a good overall copper grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant total inferred tonnage
- Good overall copper grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.19”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 5165000Grade: 1.41Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 1.41
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The total inferred resource for the Levack Mine shows significant tonnage with a good overall nickel grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant total inferred tonnage
- Good overall nickel grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.41”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 5165000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the total inferred resource for the Levack Mine, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in total inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.04”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 5165000Grade: 0.57Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 0.57
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the total inferred resource for the Levack Mine, but its classification as inferred indicates lower geological confidence.
Positive factors
- Platinum present as a byproduct in total inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.57”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 5165000Grade: 0.76Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 0.76
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the total inferred resource for the Levack Mine, but its classification as inferred indicates lower geological confidence.
Positive factors
- Palladium present as a byproduct in total inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.76”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 5165000Grade: 0.16Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 0.16
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the total inferred resource for the Levack Mine, but its classification as inferred indicates lower geological confidence.
Positive factors
- Gold present as a byproduct in total inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.16”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 5165000Grade: 2.13Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1d2f59f71ca5fc60c9b6
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5165000
- Grade
- 2.13
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.59
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the total inferred resource for the Levack Mine, but its classification as inferred indicates lower geological confidence.
Positive factors
- Silver present as a byproduct in total inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.13”
Context: 5,165,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 178000Grade: 9.06Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 9.06
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.06”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 178000Grade: 2.37Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 2.37
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a high nickel grade, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.37”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 178000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Morrison Footwall zone, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource in Morrison zone
- Maiden resource estimate
Evidence · table
“0.02”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 178000Grade: 3.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 3.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a high platinum grade, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.60”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 178000Grade: 6.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 6.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a very high palladium grade, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.58”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 178000Grade: 1.56Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 1.56
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a good gold grade, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.56”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 178000Grade: 34.15Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:a3fc5853f82c7e619f4c
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 34.15
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Morrison Footwall zone shows a high silver grade, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource in Morrison zone
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“34.15”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 208000Grade: 4.36Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 4.36
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Keel Footwall zone shows a good copper grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good copper grade for inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“4.36”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 208000Grade: 0.48Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 0.48
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Nickel is present as a byproduct in the inferred resource for the Keel Footwall zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Nickel present as a byproduct in inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.48”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 208000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the Keel Footwall zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 208000Grade: 1.41Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 1.41
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the inferred resource for the Keel Footwall zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Platinum present as a byproduct in inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.41”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 208000Grade: 1.88Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 1.88
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the inferred resource for the Keel Footwall zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Palladium present as a byproduct in inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.88”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 208000Grade: 1.1Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 1.1
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Keel Footwall zone shows a good gold grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good gold grade for inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.10”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 208000Grade: 17.74Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:1125f4c2bedeb8c56fd5
- Deposit or zone
- Keel
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 208000
- Grade
- 17.74
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 6.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Keel Footwall zone shows a high silver grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High silver grade for inferred resource in Keel zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“17.74”
Context: 208,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 85000Grade: 8.83Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 8.83
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a very high copper grade and CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- Very high copper grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“8.83”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 85000Grade: 1.47Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 1.47
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a high nickel grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High nickel grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.47”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 85000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the Morrison Footwall zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in inferred resource in Morrison zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 85000Grade: 2.16Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 2.16
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a high platinum grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High platinum grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.16”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 85000Grade: 4.87Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 4.87
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a very high palladium grade, significantly boosting the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Very high palladium grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“4.87”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 85000Grade: 1.2Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 1.2
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a good gold grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good gold grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.20”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 85000Grade: 20.67Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:6e68d6be0f692c04284d
- Deposit or zone
- Morrison
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 85000
- Grade
- 20.67
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 12.88
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Morrison Footwall zone shows a high silver grade, contributing to the overall high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- High silver grade for inferred resource in Morrison zone
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“20.67”
Context: 85,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 76000Grade: 4.49Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 4.49
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows a high copper grade and very high CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- High copper grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“4.49”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 76000Grade: 0.68Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 0.68
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows a good nickel grade, contributing to the overall very high CuEq grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Good nickel grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.68”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 76000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the No.3 FW zone, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct in inferred resource in No.3 FW zone
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 76000Grade: 7.86Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 7.86
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows an exceptional platinum grade and very high CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- Exceptional platinum grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“7.86”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 76000Grade: 15.66Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 15.66
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows an exceptional palladium grade and very high CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- Exceptional palladium grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“15.66”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 76000Grade: 3.08Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 3.08
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows a strong gold grade and very high CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- Strong gold grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“3.08”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 76000Grade: 30.32Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:ad8637e5c6a59eecf3d6
- Deposit or zone
- No.3 FW
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 76000
- Grade
- 30.32
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 13.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the No.3 FW zone shows a high silver grade and very high CuEq, indicating significant economic potential, but its classification as inferred indicates lower geological confidence.
Positive factors
- High silver grade for inferred resource in No.3 FW zone
- Very high CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“30.32”
Context: 76,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 8861000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage at a lower cut-off grade, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.75”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 8861000Grade: 1.2Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 1.2
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage with good nickel grade at a lower cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at lower cut-off grade
- Maiden resource estimate
Evidence · table
“1.20”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 8861000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Contact deposit at a lower cut-off grade, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.04”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 8861000Grade: 0.4Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.4
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the indicated resource for the Contact deposit at a lower cut-off grade, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.40”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 8861000Grade: 0.49Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.49
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the indicated resource for the Contact deposit at a lower cut-off grade, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.49”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 8861000Grade: 0.06Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.06
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the indicated resource for the Contact deposit at a lower cut-off grade, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.06”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 8861000Grade: 0.88Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9b1901913513da5e3ad3
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 8861000
- Grade
- 0.88
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.7
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the indicated resource for the Contact deposit at a lower cut-off grade, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct at lower cut-off grade
- Maiden resource estimate
Evidence · table
“0.88”
Context: 8,861,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 7213000Grade: 0.82Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.82
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage at a 1.75% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.82”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 7213000Grade: 1.31Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 1.31
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage with good nickel grade at a 1.75% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.31”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 7213000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Contact deposit at a 1.75% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.04”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 7213000Grade: 0.43Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.43
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the indicated resource for the Contact deposit at a 1.75% CuEq cut-off, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.43”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 7213000Grade: 0.53Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.53
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the indicated resource for the Contact deposit at a 1.75% CuEq cut-off, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.53”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 7213000Grade: 0.06Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.06
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the indicated resource for the Contact deposit at a 1.75% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.06”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 7213000Grade: 0.93Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:46e1cdae05b205e46d4c
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 7213000
- Grade
- 0.93
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.95
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the indicated resource for the Contact deposit at a 1.75% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.93”
Context: 7,213,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 4852000Grade: 0.97Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 0.97
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage at a 2.25% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.97”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 4852000Grade: 1.52Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 1.52
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage with good nickel grade at a 2.25% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.52”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 4852000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 0.05
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Contact deposit at a 2.25% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.05”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 4852000Grade: 0.49Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 0.49
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the indicated resource for the Contact deposit at a 2.25% CuEq cut-off, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.49”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 4852000Grade: 0.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 0.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the indicated resource for the Contact deposit at a 2.25% CuEq cut-off, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.60”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 4852000Grade: 0.07Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 0.07
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the indicated resource for the Contact deposit at a 2.25% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.07”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 4852000Grade: 1.04Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:d2afcddcf95436875758
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 4852000
- Grade
- 1.04
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the indicated resource for the Contact deposit at a 2.25% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.04”
Context: 4,852,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 3946000Grade: 1.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 1.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage at a 2.50% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.04”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 3946000Grade: 1.62Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 1.62
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Contact deposit shows significant tonnage with good nickel grade at a 2.50% CuEq cut-off, demonstrating sensitivity to economic parameters within the maiden MRE.
Positive factors
- Significant indicated tonnage at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.62”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 3946000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 0.05
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Contact deposit at a 2.50% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.05”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 3946000Grade: 0.52Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 0.52
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Platinum is present as a byproduct in the indicated resource for the Contact deposit at a 2.50% CuEq cut-off, contributing to the polymetallic nature of the maiden MRE.
Positive factors
- Platinum present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.52”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 3946000Grade: 0.63Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 0.63
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Palladium is present as a byproduct in the indicated resource for the Contact deposit at a 2.50% CuEq cut-off, adding to the polymetallic nature of the maiden MRE.
Positive factors
- Palladium present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.63”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 3946000Grade: 0.08Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 0.08
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Gold is present as a byproduct in the indicated resource for the Contact deposit at a 2.50% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Gold present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“0.08”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 3946000Grade: 1.1Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:c964c11ee057be88b1f8
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 3946000
- Grade
- 1.1
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Silver is present as a byproduct in the indicated resource for the Contact deposit at a 2.50% CuEq cut-off, contributing to the overall metal endowment of the maiden MRE.
Positive factors
- Silver present as a byproduct at varying cut-off grade
- Maiden resource estimate
Evidence · table
“1.10”
Context: 3,946,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 181000Grade: 8.94Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 8.94
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq at a 2.00% CuEq cut-off, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“8.94”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 181000Grade: 2.34Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 2.34
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high nickel grade at a 2.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.34”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 181000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Footwall deposit at a 2.00% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 181000Grade: 3.55Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 3.55
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high platinum grade at a 2.00% CuEq cut-off, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.55”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 181000Grade: 6.48Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 6.48
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high palladium grade at a 2.00% CuEq cut-off, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.48”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 181000Grade: 1.53Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 1.53
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a good gold grade at a 2.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.53”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 181000Grade: 33.74Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0b474eb30839d40a439c
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 181000
- Grade
- 33.74
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high silver grade at a 2.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“33.74”
Context: 181,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 180000Grade: 9Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 9
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq at a 2.25% CuEq cut-off, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.00”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 180000Grade: 2.35Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 2.35
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high nickel grade at a 2.25% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.35”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 180000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Footwall deposit at a 2.25% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 180000Grade: 3.57Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 3.57
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high platinum grade at a 2.25% CuEq cut-off, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.57”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 180000Grade: 6.53Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 6.53
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high palladium grade at a 2.25% CuEq cut-off, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.53”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 180000Grade: 1.55Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 1.55
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a good gold grade at a 2.25% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.55”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 180000Grade: 33.94Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:0bb32a52c009977cf752
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 180000
- Grade
- 33.94
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high silver grade at a 2.25% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“33.94”
Context: 180,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 177000Grade: 9.13Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 9.13
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq at a 2.75% CuEq cut-off, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.13”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 177000Grade: 2.38Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 2.38
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high nickel grade at a 2.75% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.38”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 177000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Footwall deposit at a 2.75% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 177000Grade: 3.63Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 3.63
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high platinum grade at a 2.75% CuEq cut-off, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.63”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 177000Grade: 6.63Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 6.63
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high palladium grade at a 2.75% CuEq cut-off, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.63”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 177000Grade: 1.57Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 1.57
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a good gold grade at a 2.75% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.57”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 177000Grade: 34.37Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:dedd19703a2d6f061e45
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 34.37
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.63
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high silver grade at a 2.75% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“34.37”
Context: 177,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 175000Grade: 9.21Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 9.21
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq at a 3.00% CuEq cut-off, indicating significant economic potential within the maiden MRE.
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.21”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 175000Grade: 2.4Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 2.4
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high nickel grade at a 3.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High nickel grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.40”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 175000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the indicated resource for the Footwall deposit at a 3.00% CuEq cut-off, adding to the overall metal endowment of the maiden MRE.
Positive factors
- Cobalt present as a byproduct in indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 175000Grade: 3.66Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 3.66
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high platinum grade at a 3.00% CuEq cut-off, contributing significantly to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High platinum grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.66”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 175000Grade: 6.69Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 6.69
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high palladium grade at a 3.00% CuEq cut-off, significantly boosting the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Very high palladium grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.69”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 175000Grade: 1.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 1.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a good gold grade at a 3.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- Good gold grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.58”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 175000Grade: 34.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:f27d25f180a67047bd00
- Deposit or zone
- Footwall
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 175000
- Grade
- 34.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.76
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a high silver grade at a 3.00% CuEq cut-off, contributing to the overall high CuEq grade and economic potential of the maiden MRE.
Positive factors
- High silver grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“34.60”
Context: 175,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 6917000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage at a lower cut-off grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.75”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 6917000Grade: 1.25Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 1.25
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage with good nickel grade at a lower cut-off, but its classification as inferred indicates lower geological confidence.
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.25”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 6917000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: Cobalt is present as a byproduct in the inferred resource for the Contact deposit at a lower cut-off grade, but its classification as inferred indicates lower geological confidence.
Positive factors
- Cobalt present as a byproduct at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.04”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · copperTonnes: 178000Grade: 9.06Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 9.06
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“9.06”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · nickelTonnes: 178000Grade: 2.37Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 2.37
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“2.37”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · cobaltTonnes: 178000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 0.02
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“0.02”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · platinumTonnes: 178000Grade: 3.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 3.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“3.60”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · palladiumTonnes: 178000Grade: 6.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 6.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“6.58”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · goldTonnes: 178000Grade: 1.56Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 1.56
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“1.56”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedLevack Mine · silverTonnes: 178000Grade: 34.15Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:967aeb08f0fc89162c95
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 178000
- Grade
- 34.15
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 15.52
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The indicated resource for the Footwall deposit shows a very high copper grade and CuEq, indicating significant economic potential within the maiden MRE. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Very high copper grade for indicated resource
- High CuEq grade for indicated resource
- Maiden resource estimate
Evidence · table
“34.15”
Context: 178,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 368000Grade: 5.42Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 5.42
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.42”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 368000Grade: 0.75Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 0.75
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.75”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 368000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 368000Grade: 2.91Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 2.91
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.91”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 368000Grade: 5.4Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 5.4
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.40”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 368000Grade: 1.53Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 1.53
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.53”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 368000Grade: 21Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:b16dc629f0c034f1a5b8
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 368000
- Grade
- 21
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.35
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Footwall deposit shows a high copper grade and CuEq, indicating good potential, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High copper grade for inferred resource
- High CuEq grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“21.00”
Context: 368,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 6917000Grade: 0.34Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.34
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage at a lower cut-off grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.34”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 6917000Grade: 0.35Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.35
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage at a lower cut-off grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.35”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 6917000Grade: 0.05Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.05
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage at a lower cut-off grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 6917000Grade: 0.7Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:23304a1331cf5d565c37
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 6917000
- Grade
- 0.7
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.72
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows significant tonnage at a lower cut-off grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage at lower cut-off grade
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.70”
Context: 6,917,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 5791000Grade: 0.82Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.82
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.82”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 5791000Grade: 1.35Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 1.35
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.35”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 5791000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.04
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.04”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 5791000Grade: 0.36Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.36
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.36”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 5791000Grade: 0.38Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.38
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.38”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 5791000Grade: 0.05Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.05
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 5791000Grade: 0.7Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:07cc8047f393b947704e
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 5791000
- Grade
- 0.7
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 2.93
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.70”
Context: 5,791,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 3971000Grade: 0.93Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.93
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.93”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 3971000Grade: 1.56Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 1.56
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.56”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 3971000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.05
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 3971000Grade: 0.42Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.42
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.42”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 3971000Grade: 0.43Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.43
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.43”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 3971000Grade: 0.06Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.06
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.06”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 3971000Grade: 0.7Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:bba3fc4a7efe430a3265
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3971000
- Grade
- 0.7
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.70”
Context: 3,971,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 3173000Grade: 1.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 1.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.01”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 3173000Grade: 1.66Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 1.66
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.66”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 3173000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 0.05
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 3173000Grade: 0.46Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 0.46
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.46”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 3173000Grade: 0.47Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 0.47
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.47”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 3173000Grade: 0.06Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 0.06
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.06”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 3173000Grade: 0.75Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:9a7e000c9dbf34b9b3b5
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 3173000
- Grade
- 0.75
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 3.61
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.75”
Context: 3,173,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 406000Grade: 5.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 5.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.01”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 406000Grade: 0.69Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 0.69
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.69”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 406000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 406000Grade: 2.75Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 2.75
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.75”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 406000Grade: 5.02Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 5.02
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.02”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 406000Grade: 1.42Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 1.42
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.42”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 406000Grade: 19.84Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38b5fe932e965610791f
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 406000
- Grade
- 19.84
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 8.68
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“19.84”
Context: 406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 386000Grade: 5.23Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 5.23
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.23”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 386000Grade: 0.72Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 0.72
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.72”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 386000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 386000Grade: 2.83Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 2.83
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“2.83”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 386000Grade: 5.22Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 5.22
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.22”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 386000Grade: 1.48Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 1.48
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.48”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 386000Grade: 20.45Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:8431cbfe51de73246413
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 386000
- Grade
- 20.45
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.03
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“20.45”
Context: 386,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 352000Grade: 5.6Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 5.6
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.60”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 352000Grade: 0.77Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 0.77
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.77”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 352000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 352000Grade: 3Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 3
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“3.00”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 352000Grade: 5.6Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 5.6
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.60”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 352000Grade: 1.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 1.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.58”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 352000Grade: 21.58Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:50ff2381304116c6e974
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 352000
- Grade
- 21.58
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 9.67
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“21.58”
Context: 352,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · copperTonnes: 330000Grade: 5.86Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- copper
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 5.86
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.86”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · nickelTonnes: 330000Grade: 0.8Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- nickel
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 0.8
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.80”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · cobaltTonnes: 330000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- cobalt
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 0.01
- Grade Unit
- %
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.01”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · platinumTonnes: 330000Grade: 3.13Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- platinum
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 3.13
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“3.13”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · palladiumTonnes: 330000Grade: 5.86Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- palladium
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 5.86
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“5.86”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · goldTonnes: 330000Grade: 1.65Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 1.65
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.65”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredLevack Mine · silverTonnes: 330000Grade: 22.39Grade Unit: g/tonneView all detailsHide details
Identity
- Project
- Levack Mine
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Sudbury, Ontario, Canada
- Ticker
- NICU
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jonathan Cirelli, P.Geo
- Resource group id
- resource:38f75524a9fcadf451cf
- Deposit or zone
- Contact
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 330000
- Grade
- 22.39
- Grade Unit
- g/tonne
- Cutoff Grade
- 2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-08-31
Metal Equivalent
- Metal Eq. Grade
- 10.1
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-11-18T00:00:00.000Z
Reasoning: The inferred resource for the Contact deposit shows substantial tonnage with a good copper grade, but its classification as inferred indicates lower geological confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant inferred tonnage for contact deposit
- Good copper grade for inferred resource
- Maiden resource estimate
Negative factors
- Inferred category has lower confidence
Evidence · table
“22.39”
Context: 330,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
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.