NiCAN - Additional Assays from New Near Surface Gold Discovery in Thompson Manitoba, Intersecting 19.45 Meters Averaging 1.0g/t Au and 12.2 g/t Ag
Original announcement by tmx on
- Company
- NiCAN Limited
- Ticker
- NICN
- Exchange
- TSX
- Region
- Manitoba
- Primary commodity
- Gold
- Secondary commodities
- Silver, Lead
- Document categories
- Drill results
- Extracted
- 2026-09-14 15:10:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NiCAN Limited announced additional assay results from a new near-surface gold discovery in Thompson, Manitoba, including 19.45 meters averaging 1.0 g/t gold and 12.2 g/t silver from hole PIPY25-08. The company completed four shallow diamond drill holes to expand on the discovery, which remains open in all directions. NiCAN plans follow-up geophysical surveys and diamond drilling to further define this emerging gold system.
Reasoning: NiCAN reported additional drill results that confirm and expand a near-surface gold-silver discovery in Manitoba, with several moderate to strong intercepts and plans for further exploration to define the system.
Positive factors
- New near-surface gold-silver discovery expanded
- Mineralization remains open in all directions, indicating further potential
- Follow-up geophysical program and diamond drilling planned
- Analogous to known iron formation hosted gold camps
Negative factors
- Grades are generally moderate, with high-grade zones within wider intervals
- True width of intercepts not disclosed
- Cut-off grades for compositing not stated
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 35
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release states that Mr. Stanley Clemmer, P.Geo, a qualified person under NI 43-101, has reviewed and approved the scientific and technical information.
Evidence · text
“Mr. Stanley Clemmer, P.Geo, an independent consultant to NiCAN, who is a qualified person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects ("NI 43-101") has reviewed and approved the scientific and technical information in this press release.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: NiCAN is pleased to have expanded upon a new gold discovery, and the gold mineralization appears to be open in all directions, indicating extension beyond known limits.
Evidence · text
“NiCAN is pleased to have expanded upon a new gold discovery within the Thompson area. ... The gold mineralization appears to be open in all directions”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document reports intercept lengths as 'Length (m)' or 'meters (m)' without any mention of true width or drill orientation relative to the structure.
Evidence · text
“Intersecting 19.45 Meters Averaging 1.0g/t Au and 12.2 g/t Ag”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: The release reports drill intervals and grades but does not state the cut-off grade used for compositing these intervals.
Evidence · text
“Table 1. Highlights from Diamond Drill Holes on the Pipy South Property”
Extracted facts
Stored fact records: 35. Some facts used in scoring do not have a stored record.
Drill Results (35)
PIPY25-04Pipy South · goldGrade: 1.25Grade Unit: g/tIntercept: 27.6 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 27.6 m
- From
- 20.4 m
- To
- 48 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:20.4-48
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate gold intercept over a good width contributes to the expansion of a new near-surface discovery.
Positive factors
- Moderate gold grade over a good width for near-surface
- Part of a new discovery that is open in all directions
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“1.25”
Context: 27.60
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04Pipy South · silverGrade: 12.5Grade Unit: g/tIntercept: 27.6 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 12.5
- Grade Unit
- g/t
- Intercept
- 27.6 m
- From
- 20.4 m
- To
- 48 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:20.4-48
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate silver intercept over a good width supports the polymetallic nature of the new near-surface discovery.
Positive factors
- Moderate silver grade over a good width, associated with gold discovery
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“12.5”
Context: 27.60
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04Pipy South · goldGrade: 2.14Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 2.14
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 21.4 m
- To
- 35.7 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:21.4-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A strong gold sub-interval within a broader zone indicates higher-grade mineralization within the new discovery.
Positive factors
- Strong gold grade within a wider interval, enhancing overall prospectivity
- Part of a new discovery that is open in all directions
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“2.14”
Context: 14.30
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04Pipy South · silverGrade: 19.8Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 19.8
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 21.4 m
- To
- 35.7 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:21.4-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate silver sub-interval further supports the polymetallic nature of the mineralization.
Positive factors
- Moderate silver grade within a higher-grade gold sub-interval
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“19.8”
Context: 14.30
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04Pipy South · goldGrade: 5.39Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 5.39
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 33.7 m
- To
- 35.7 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:33.7-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: An exceptional gold grade over a narrow interval highlights the presence of high-grade mineralization within the new discovery.
Positive factors
- Exceptional gold grade over a narrow width, indicating high-grade zones
- Part of a new discovery that is open in all directions
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“5.39”
Context: 2.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The gold grade of 5.39 g/t exceeds the 5 g/t exceptional threshold for open pit gold deposits.
Evidence · table
“5.39”
Context: 2.00
PIPY25-04Pipy South · silverGrade: 7.1Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 7.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 33.7 m
- To
- 35.7 m
- Intercept Depth
- 20.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-04:33.7-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak silver grade in a high-grade gold zone indicates variable silver contribution.
Positive factors
- Weak silver grade associated with a high-grade gold sub-interval
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“7.1”
Context: 2.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-05Pipy South · goldGrade: 0.65Grade Unit: g/tIntercept: 9.5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-05
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 9.5 m
- From
- 9.6 m
- To
- 19.1 m
- Intercept Depth
- 9.6 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-05:9.6-19.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak gold intercept over a moderate width extends the known mineralization footprint of the new discovery.
Positive factors
- Weak gold grade over a moderate width, contributing to the overall discovery footprint
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“0.65”
Context: 9.50
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-05Pipy South · silverGrade: 8.4Grade Unit: g/tIntercept: 9.5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-05
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 8.4
- Grade Unit
- g/t
- Intercept
- 9.5 m
- From
- 9.6 m
- To
- 19.1 m
- Intercept Depth
- 9.6 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-05:9.6-19.1
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak silver intercept over a moderate width further defines the polymetallic nature of the discovery.
Positive factors
- Weak silver grade over a moderate width, associated with gold mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“8.4”
Context: 9.50
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-07Pipy South · goldGrade: 0.21Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- PIPY25-07
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 0.21
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 30 m
- To
- 38 m
- Intercept Depth
- 30 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-07:30-38
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak gold intercept over a moderate width confirms mineralization, though the hole may have missed the main target.
Positive factors
- Weak gold grade over a moderate width, indicating presence of mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Hole interpreted to have overshot the main zone
Evidence · table
“0.21”
Context: 8.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-07Pipy South · silverGrade: 1.2Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- PIPY25-07
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 8 m
- From
- 30 m
- To
- 38 m
- Intercept Depth
- 30 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-07:30-38
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak silver intercept over a moderate width indicates trace silver mineralization.
Positive factors
- Weak silver grade over a moderate width, associated with gold mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“1.2”
Context: 8.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-07Pipy South · goldGrade: 1.25Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- PIPY25-07
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 81.5 m
- To
- 85.5 m
- Intercept Depth
- 30 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-07:81.5-85.5
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate gold intercept over a narrow width confirms mineralization in a deeper zone, despite the hole potentially overshooting the main target.
Positive factors
- Moderate gold grade over a narrow width, confirming mineralization at depth
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“1.25”
Context: 4.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-07Pipy South · silverGrade: 3.64Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- PIPY25-07
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 3.64
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 81.5 m
- To
- 85.5 m
- Intercept Depth
- 30 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-07:81.5-85.5
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak silver intercept over a narrow width indicates trace silver mineralization at depth.
Positive factors
- Weak silver grade over a narrow width, associated with gold mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“3.64”
Context: 4.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · goldGrade: 0.69Grade Unit: g/tIntercept: 5.4 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 0.69
- Grade Unit
- g/t
- Intercept
- 5.4 m
- From
- 6.4 m
- To
- 11.8 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:6.4-11.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak gold intercept over a narrow width confirms near-surface mineralization in the new discovery area.
Positive factors
- Weak gold grade over a narrow width, contributing to the near-surface discovery
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“0.69”
Context: 5.40
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · silverGrade: 4.5Grade Unit: g/tIntercept: 5.4 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 4.5
- Grade Unit
- g/t
- Intercept
- 5.4 m
- From
- 6.4 m
- To
- 11.8 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:6.4-11.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A weak silver intercept over a narrow width indicates trace silver mineralization near surface.
Positive factors
- Weak silver grade over a narrow width, associated with near-surface gold mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“4.5”
Context: 5.40
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · goldGrade: 1Grade Unit: g/tIntercept: 19.45 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 1
- Grade Unit
- g/t
- Intercept
- 19.45 m
- From
- 17.9 m
- To
- 37.3 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:17.9-37.3
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate gold intercept over a significant width is a key result confirming and expanding the new near-surface discovery.
Positive factors
- Moderate gold grade over a significant width, confirming a new near-surface discovery
- Part of a new discovery that is open in all directions
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“1.00”
Context: 19.45
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · silverGrade: 12.2Grade Unit: g/tIntercept: 19.45 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 12.2
- Grade Unit
- g/t
- Intercept
- 19.45 m
- From
- 17.9 m
- To
- 37.3 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:17.9-37.3
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate silver intercept over a significant width supports the polymetallic nature of the new near-surface discovery.
Positive factors
- Moderate silver grade over a significant width, associated with gold discovery
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“12.2”
Context: 19.45
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · goldGrade: 2.17Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 2.17
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 31.8 m
- To
- 36.8 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:31.8-36.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A strong gold sub-interval within a broader zone indicates higher-grade mineralization within the new discovery.
Positive factors
- Strong gold grade over a moderate width within a wider interval
- Part of a new discovery that is open in all directions
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“2.17”
Context: 5.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · silverGrade: 28.7Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 28.7
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 31.8 m
- To
- 36.8 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:31.8-36.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate silver sub-interval further supports the polymetallic nature of the mineralization.
Positive factors
- Moderate silver grade within a higher-grade gold sub-interval
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · table
“28.7”
Context: 5.00
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08Pipy South · leadGrade: 2.07Grade Unit: %Intercept: 5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 2.07
- Grade Unit
- %
- Intercept
- 5 m
- From
- 31.8 m
- To
- 36.8 m
- Intercept Depth
- 6.4 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- PIPY25-08:31.8-36.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A moderate lead grade indicates additional metal credits within the polymetallic mineralization.
Positive factors
- Moderate lead grade reported within a polymetallic intercept
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
Evidence · text
“5.0m near the bottom of the hole that returned 2.17g/ Au, 28.7g/t Ag and 2.07% Pb”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
17BN01Pipy South · goldGrade: 1.2Grade Unit: g/tIntercept: 47 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 47 m
- From
- 27 m
- To
- 74 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:27-74
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical moderate gold intercept over a very significant width provides context for the current discovery, showing broad mineralization.
Positive factors
- Moderate gold grade over a very significant width, indicating broad mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“1.20”
Context: 47.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
17BN01Pipy South · silverGrade: 5.9Grade Unit: g/tIntercept: 47 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 5.9
- Grade Unit
- g/t
- Intercept
- 47 m
- From
- 27 m
- To
- 74 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:27-74
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical weak silver intercept over a very significant width indicates trace silver associated with the gold mineralization.
Positive factors
- Weak silver grade over a very significant width, associated with historical gold mineralization
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“5.90”
Context: 47.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
17BN01Pipy South · goldGrade: 6.63Grade Unit: g/tIntercept: 5.6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 6.63
- Grade Unit
- g/t
- Intercept
- 5.6 m
- From
- 55.4 m
- To
- 61 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:55.4-61
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical exceptional gold sub-interval indicates high-grade potential within the broader mineralization.
Positive factors
- Exceptional gold grade over a moderate width within a historical broader zone
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“6.63”
Context: 5.6
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The gold grade of 6.63 g/t exceeds the 5 g/t exceptional threshold for open pit gold deposits.
Evidence · table
“6.63”
Context: 5.6
17BN01Pipy South · silverGrade: 10.13Grade Unit: g/tIntercept: 5.6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 10.13
- Grade Unit
- g/t
- Intercept
- 5.6 m
- From
- 55.4 m
- To
- 61 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:55.4-61
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical moderate silver sub-interval further supports the polymetallic nature of the mineralization.
Positive factors
- Moderate silver grade within a historical high-grade gold sub-interval
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“10.13”
Context: 5.6
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
17BN01Pipy South · goldGrade: 15.35Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 15.35
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 57.4 m
- To
- 59.4 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:57.4-59.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical exceptional gold grade over a narrow interval highlights the presence of very high-grade mineralization.
Positive factors
- Exceptional gold grade over a narrow width, indicating very high-grade zones historically
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“15.35”
Context: 2.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The gold grade of 15.35 g/t significantly exceeds the 5 g/t exceptional threshold for open pit gold deposits.
Evidence · table
“15.35”
Context: 2.0
17BN01Pipy South · silverGrade: 14.8Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- 17BN01
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 14.8
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 57.4 m
- To
- 59.4 m
- Intercept Depth
- 27 m
Classification
- Deposit Type
- orogenic
- Program
- exploration
- Sample Type
- drill
- Group ID
- 17BN01:57.4-59.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: A historical moderate silver grade in a very high-grade gold zone indicates consistent silver presence.
Positive factors
- Moderate silver grade associated with a historical very high-grade gold sub-interval
- QA/QC disclosure with QP sign-off
Negative factors
- Apparent width only, true width not stated
- Cut-off grade for compositing not disclosed
- Historical data, not new information
Evidence · table
“14.80”
Context: 2.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is from a historical drill hole (17BN01) and is presented in a table explicitly titled 'Historical Gold Intercept'.
Evidence · table
“17BN01”
Context: 27.0
PIPY25-04 incl.Pipy South · goldGrade: 2.14Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04 incl.
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 2.14
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 21.4 m
- To
- 35.7 m
- Intercept Depth
- 21.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-04 incl.:21.4-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 2.14 g/t gold is strong against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 30.6 g/t·m is moderate (grade alone is strong; the better of the two is used).
Positive factors
- 2.14 g/t gold is strong on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.14”
Context: PIPY25-04 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04 incl.Pipy South · silverGrade: 19.8Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04 incl.
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 19.8
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 21.4 m
- To
- 35.7 m
- Intercept Depth
- 21.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-04 incl.:21.4-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 19.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 283.1 g/t·m is weak (grade alone is below; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“19.8”
Context: PIPY25-04 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04 incl.Pipy South · goldGrade: 5.39Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04 incl.
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 5.39
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 33.7 m
- To
- 35.7 m
- Intercept Depth
- 33.7 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-04 incl.:33.7-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 5.39 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 10.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).
Positive factors
- 5.39 g/t gold is exceptional on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“5.39”
Context: PIPY25-04 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-04 incl.Pipy South · silverGrade: 7.1Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PIPY25-04 incl.
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 7.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 33.7 m
- To
- 35.7 m
- Intercept Depth
- 33.7 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-04 incl.:33.7-35.7
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 7.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.2 g/t·m is below.
Negative factors
- 7.1 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“7.1”
Context: PIPY25-04 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08 incl.Pipy South · goldGrade: 2.17Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08 incl.
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 2.17
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 31.8 m
- To
- 36.8 m
- Intercept Depth
- 31.8 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-08 incl.:31.8-36.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 2.17 g/t gold is strong against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 10.8 g/t·m is weak (grade alone is strong; the better of the two is used).
Positive factors
- 2.17 g/t gold is strong on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.17”
Context: PIPY25-08 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
PIPY25-08 incl.Pipy South · silverGrade: 28.7Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- PIPY25-08 incl.
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 28.7
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 31.8 m
- To
- 36.8 m
- Intercept Depth
- 31.8 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- PIPY25-08 incl.:31.8-36.8
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 28.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 143.5 g/t·m is below.
Negative factors
- 28.7 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“28.7”
Context: PIPY25-08 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
17BN01 incl.Pipy South · goldGrade: 6.63Grade Unit: g/tIntercept: 5.6 mView all detailsHide details
Identity
- Hole ID
- 17BN01 incl.
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 6.63
- Grade Unit
- g/t
- Intercept
- 5.6 m
- From
- 55.4 m
- To
- 61 m
- Intercept Depth
- 55.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- 17BN01 incl.:55.4-61
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 6.63 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 37.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).
Positive factors
- 6.63 g/t gold is exceptional on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“6.63”
Context: 17BN01 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
17BN01 incl.Pipy South · silverGrade: 10.13Grade Unit: g/tIntercept: 5.6 mView all detailsHide details
Identity
- Hole ID
- 17BN01 incl.
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 10.13
- Grade Unit
- g/t
- Intercept
- 5.6 m
- From
- 55.4 m
- To
- 61 m
- Intercept Depth
- 55.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- 17BN01 incl.:55.4-61
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 10.13 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 56.7 g/t·m is below.
Negative factors
- 10.13 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“10.13”
Context: 17BN01 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
17BN01 incl.Pipy South · goldGrade: 15.35Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 17BN01 incl.
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 15.35
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 57.4 m
- To
- 59.4 m
- Intercept Depth
- 57.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- 17BN01 incl.:57.4-59.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 15.35 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 30.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).
Positive factors
- 15.35 g/t gold is exceptional on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“15.35”
Context: 17BN01 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
17BN01 incl.Pipy South · silverGrade: 14.8Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- 17BN01 incl.
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN
Geometry
- Grade
- 14.8
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 57.4 m
- To
- 59.4 m
- Intercept Depth
- 57.4 m
Classification
- Deposit Type
- orogenic
- Sample Type
- drill
- Group ID
- 17BN01 incl.:57.4-59.4
- Mining Method
- open_pit
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-18T00:00:00.000Z
Reasoning: Expanded from assay table. 14.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.6 g/t·m is below.
Negative factors
- 14.8 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“14.80”
Context: 17BN01 incl.
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Initial exploration activities will focus on the Pipy South Project, which is adjacent to the Mystery Lake South area, l"
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.