NiCAN Intersects Broad Zones of Gold Mineralization at Pipy South, Thompson, Manitoba
Original announcement by orestocks on
- Company
- NiCAN Limited
- Ticker
- NICN.V
- Exchange
- Unavailable
- Region
- Manitoba
- Primary commodity
- Gold
- Secondary commodities
- Silver, Lead
- Document categories
- Drill results
- Extracted
- 2026-09-14 11:54:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NiCAN Limited announced assay results from the first seven holes of its 16-hole diamond drill program at the Pipy South Property in Thompson, Manitoba. The results confirm that the Horseshoe Gold zone extends at least 400m along strike, with notable intercepts including 75m at 0.65g/t gold and 30m at 0.9g/t gold, which included 2m of 8.01g/t gold. The company has also expanded its land position to 65km² based on the identification of a larger, geologically similar feature to the south.
Reasoning: NiCAN's initial drill results from Pipy South confirm significant strike extension of gold mineralization with broad intercepts, including a bonanza grade section, and identify new high-potential targets, indicating strong exploration success. The lack of true width determination is a minor detractor.
Positive factors
- Broad zones of gold mineralization intersected, including high-grade intercepts.
- Drilling successfully extended the Horseshoe Gold zone by 400m along strike.
- Identification of a larger, structurally similar target immediately to the south increases exploration potential.
- QA/QC procedures are disclosed, and a Qualified Person has approved the technical information.
Negative factors
- True widths of the intercepts have not been determined, which may overstate actual thickness.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 32
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drill results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections, representing a significant step in defining the scale of this system.
Evidence · text
“Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections reported in early 2026, representing a significant step in defining the scale of this system.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: NiCAN employed a vigorous QAQC program including certified standards, blanks, and duplicates, and samples were sent to certified commercial laboratories (Paragon Geochemical Laboratory and Agat Laboratories).
Evidence · text
“NiCAN employed a vigorous QAQC program which entailed the regular submission of certified standards, blanks and duplicates within the sample stream. No unusual discrepancies were noted in the QAQC sample results with all being within respective control limits. Samples were sent to Paragon Geochemical Laboratory where gold was assayed using the photon assay technique, Code PA-AU02/AG02 Au and Ag; 2-cycle Photon Assay. Multi-element (201-071) 4 Acid Digest - Metals Package, ICP-OES/ICP-MS finish analysis was carried out on all samples by Agat Laboratories in Calgary Alberta. Both certified commercial laboratories are independent of NiCAN.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states that true widths have not been determined for the reported intercepts.
Evidence · table
“Note: True widths have not been determined”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 2.0m at 8.01 g/t Au is well above the exceptional threshold of 3 g/t for open-pit gold deposits.
Evidence · table
“8.01”
Context: 2.0
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The company highlights a structurally similar but considerably larger feature identified immediately to the south of the Horseshoe Gold Zone, which they have staked and view as a compelling target.
Evidence · text
“Importantly, a structurally similar but considerably larger feature has been identified immediately to the south of the Horseshoe Gold Zone. NiCAN staked this ground and views it as a compelling target for gold mineralization in a geologically unique and underexplored setting (Figure 1).”
Extracted facts
Stored fact records: 32. Some facts used in scoring do not have a stored record.
Drill Results (32)
PG26-01Pipy South · goldGrade: 0.91Grade Unit: g/tIntercept: 3.5 mView all detailsHide details
Identity
- Hole ID
- PG26-01
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.91
- Grade Unit
- g/t
- Intercept
- 3.5 m
- From
- 38 m
- To
- 41.5 m
- Hole Depth
- 80 m
- Intercept Depth
- 38 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-01:38-41.5
- Mining Method
- open_pit
Location
- Easting
- 577389
- Northing
- 6195772
- Elevation
- 222 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization in the newly discovered zone, contributing to the overall positive exploration outcome, though the grade is moderate and true width is unknown.
Positive factors
- Confirms gold mineralization in the newly discovered zone.
- Part of a program extending the known strike length.
Negative factors
- True width not determined.
Evidence · table
“0.91”
Context: 3.5
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-01Pipy South · goldGrade: 1.26Grade Unit: g/tIntercept: 12.7 mView all detailsHide details
Identity
- Hole ID
- PG26-01
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.26
- Grade Unit
- g/t
- Intercept
- 12.7 m
- From
- 48.5 m
- To
- 61.2 m
- Hole Depth
- 80 m
- Intercept Depth
- 38 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-01:48.5-61.2
- Mining Method
- open_pit
Location
- Easting
- 577389
- Northing
- 6195772
- Elevation
- 222 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This intercept shows good gold grade over a reasonable width, supporting the extension of the gold zone, though true width remains unknown.
Positive factors
- Good grade over a reasonable width, confirming gold mineralization.
- Contributes to defining the strike extension of the zone.
Negative factors
- True width not determined.
Evidence · table
“1.26”
Context: 12.7
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-03Pipy South · goldGrade: 0.89Grade Unit: g/tIntercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- PG26-03
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.89
- Grade Unit
- g/t
- Intercept
- 7.55 m
- From
- 12.5 m
- To
- 20.05 m
- Hole Depth
- 137 m
- Intercept Depth
- 12.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-03:12.5-20.05
- Mining Method
- open_pit
Location
- Easting
- 577358
- Northing
- 6195863
- Elevation
- 223 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This intercept confirms gold mineralization in a new section, supporting the overall strike extension, though the grade is moderate and true width is unknown.
Positive factors
- Confirms gold mineralization in a new section of the strike extension.
Negative factors
- True width not determined.
Evidence · table
“0.89”
Context: 7.55
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-03Pipy South · silverGrade: 3.54Grade Unit: g/tIntercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- PG26-03
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 3.54
- Grade Unit
- g/t
- Intercept
- 7.55 m
- From
- 12.5 m
- To
- 20.05 m
- Hole Depth
- 137 m
- Intercept Depth
- 12.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-03:12.5-20.05
- Mining Method
- open_pit
Location
- Easting
- 577358
- Northing
- 6195863
- Elevation
- 223 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Low-grade silver is present as a byproduct, indicating polymetallic mineralization, but its economic contribution is likely minor.
Positive factors
- Silver is present as a byproduct, adding to the polymetallic nature of the mineralization.
Negative factors
- Grade is low for silver.
- True width not determined.
Evidence · table
“3.54”
Context: 7.55
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-03Pipy South · leadGrade: 0.05Grade Unit: %Intercept: 7.55 mView all detailsHide details
Identity
- Hole ID
- PG26-03
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.05
- Grade Unit
- %
- Intercept
- 7.55 m
- From
- 12.5 m
- To
- 20.05 m
- Hole Depth
- 137 m
- Intercept Depth
- 12.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-03:12.5-20.05
- Mining Method
- open_pit
Location
- Easting
- 577358
- Northing
- 6195863
- Elevation
- 223 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Very low-grade lead is present, consistent with geological observations, but unlikely to be economically significant on its own.
Positive factors
- Presence of lead indicates polymetallic mineralization and correlation with galena noted in the text.
Negative factors
- Grade is very low for lead.
- True width not determined.
Evidence · table
“0.05”
Context: 7.55
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · goldGrade: 0.77Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.77
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 40 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:40-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This broad intercept of moderate-grade gold is a positive indicator for the continuity and scale of the mineralization, supporting the exploration model, though true width is unknown.
Positive factors
- Broad intercept of moderate-grade gold, indicating significant mineralization.
- Supports the interpreted fold nose target and strike extension.
Negative factors
- True width not determined.
Evidence · table
“0.77”
Context: 29.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · silverGrade: 12.83Grade Unit: g/tIntercept: 29 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 12.83
- Grade Unit
- g/t
- Intercept
- 29 m
- From
- 40 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:40-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade silver over a broad interval adds to the polymetallic nature of the mineralization, potentially contributing to overall economics.
Positive factors
- Silver is present as a significant byproduct over a broad interval.
Negative factors
- Grade is moderate for silver.
- True width not determined.
Evidence · table
“12.83”
Context: 29.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · leadGrade: 0.79Grade Unit: %Intercept: 29 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.79
- Grade Unit
- %
- Intercept
- 29 m
- From
- 40 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:40-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade lead over a broad interval indicates polymetallic mineralization, consistent with geological observations, and could be a minor economic contributor.
Positive factors
- Lead is present as a byproduct over a broad interval, consistent with geological observations.
Negative factors
- Grade is moderate for lead.
- True width not determined.
Evidence · table
“0.79”
Context: 29.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · goldGrade: 1.17Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.17
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:57-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This higher-grade sub-interval within a broader zone is a strong positive, indicating good continuity and potential for economic mineralization, though true width is unknown.
Positive factors
- Higher-grade sub-interval within a broader zone, indicating good continuity and potential for higher-grade shoots.
- Supports the interpreted fold nose target.
Negative factors
- True width not determined.
Evidence · table
“1.17”
Context: 12.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · silverGrade: 27.77Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 27.77
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:57-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade silver as a byproduct within this sub-interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Higher-grade silver byproduct within the sub-interval, enhancing overall value.
Negative factors
- Grade is moderate for silver.
- True width not determined.
Evidence · table
“27.77”
Context: 12.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-05Pipy South · leadGrade: 1.86Grade Unit: %Intercept: 12 mView all detailsHide details
Identity
- Hole ID
- PG26-05
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.86
- Grade Unit
- %
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Hole Depth
- 134 m
- Intercept Depth
- 40 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-05:57-69
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade lead as a byproduct within this sub-interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Higher-grade lead byproduct within the sub-interval, consistent with geological observations.
Negative factors
- Grade is moderate for lead.
- True width not determined.
Evidence · table
“1.86”
Context: 12.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · goldGrade: 0.65Grade Unit: g/tIntercept: 75 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 75 m
- From
- 50 m
- To
- 125 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:50-125
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This very broad intercept of moderate-grade gold is highly material, suggesting significant bulk tonnage potential and supporting the exploration model, though true width is unknown.
Positive factors
- Very broad intercept of moderate-grade gold, indicating significant bulk tonnage potential.
- Supports the interpreted fold nose target and strike extension.
Negative factors
- True width not determined.
Evidence · table
“0.65”
Context: 75.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · silverGrade: 11.55Grade Unit: g/tIntercept: 75 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 11.55
- Grade Unit
- g/t
- Intercept
- 75 m
- From
- 50 m
- To
- 125 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:50-125
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade silver over a very broad interval adds to the polymetallic nature of the mineralization, potentially contributing to overall economics.
Positive factors
- Silver is present as a significant byproduct over a very broad interval.
Negative factors
- Grade is moderate for silver.
- True width not determined.
Evidence · table
“11.55”
Context: 75.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · leadGrade: 0.56Grade Unit: %Intercept: 75 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.56
- Grade Unit
- %
- Intercept
- 75 m
- From
- 50 m
- To
- 125 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:50-125
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade lead over a very broad interval indicates polymetallic mineralization, consistent with geological observations, and could be a minor economic contributor.
Positive factors
- Lead is present as a byproduct over a very broad interval, consistent with geological observations.
Negative factors
- Grade is moderate for lead.
- True width not determined.
Evidence · table
“0.56”
Context: 75.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · goldGrade: 1.05Grade Unit: g/tIntercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.05
- Grade Unit
- g/t
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:78.8-107
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This strong-grade sub-interval within a very broad zone is highly material, indicating good continuity and potential for economic mineralization, though true width is unknown.
Positive factors
- Strong grade over a significant width within the broader zone, indicating good continuity and potential for higher-grade shoots.
- Supports the interpreted fold nose target.
Negative factors
- True width not determined.
Evidence · table
“1.05”
Context: 28.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · silverGrade: 22.56Grade Unit: g/tIntercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 22.56
- Grade Unit
- g/t
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:78.8-107
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade silver as a byproduct within this sub-interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Higher-grade silver byproduct within the sub-interval, enhancing overall value.
Negative factors
- Grade is moderate for silver.
- True width not determined.
Evidence · table
“22.56”
Context: 28.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-06Pipy South · leadGrade: 0.95Grade Unit: %Intercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- PG26-06
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.95
- Grade Unit
- %
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Hole Depth
- 155 m
- Intercept Depth
- 50 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-06:78.8-107
- Mining Method
- open_pit
Location
- Easting
- 577396
- Northing
- 6195760
- Elevation
- 218 m
- Azimuth
- 45 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Moderate-grade lead as a byproduct within this sub-interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Higher-grade lead byproduct within the sub-interval, consistent with geological observations.
Negative factors
- Grade is moderate for lead.
- True width not determined.
Evidence · table
“0.95”
Context: 28.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · goldGrade: 0.9Grade Unit: g/tIntercept: 30 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.9
- Grade Unit
- g/t
- Intercept
- 30 m
- From
- 25 m
- To
- 55 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:25-55
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This broad intercept of moderate-grade gold is a positive indicator for the continuity and scale of the mineralization, supporting the exploration model, though true width is unknown.
Positive factors
- Broad intercept of moderate-grade gold, indicating significant mineralization.
- Supports the interpreted fold nose target and strike extension.
Negative factors
- True width not determined.
Evidence · table
“0.90”
Context: 30.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · silverGrade: 5.19Grade Unit: g/tIntercept: 30 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 5.19
- Grade Unit
- g/t
- Intercept
- 30 m
- From
- 25 m
- To
- 55 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:25-55
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Low-grade silver over a broad interval indicates polymetallic mineralization, but its economic contribution is likely minor.
Positive factors
- Silver is present as a byproduct over a broad interval.
Negative factors
- Grade is low for silver.
- True width not determined.
Evidence · table
“5.19”
Context: 30.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · leadGrade: 0.21Grade Unit: %Intercept: 30 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.21
- Grade Unit
- %
- Intercept
- 30 m
- From
- 25 m
- To
- 55 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:25-55
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Low-grade lead over a broad interval indicates polymetallic mineralization, consistent with geological observations, but unlikely to be economically significant on its own.
Positive factors
- Lead is present as a byproduct over a broad interval, consistent with geological observations.
Negative factors
- Grade is low for lead.
- True width not determined.
Evidence · table
“0.21”
Context: 30.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · goldGrade: 8.01Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 8.01
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:32-34
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: This bonanza-grade gold intercept, despite its narrow width, is highly material and significantly enhances the prospectivity of the project, indicating the presence of very high-grade zones.
Positive factors
- Exceptional high-grade gold intercept, indicating potential for bonanza grades within the system.
- Enhances the overall prospectivity of the project.
Negative factors
- Narrow width of the intercept.
- True width not determined.
Evidence · table
“8.01”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · silverGrade: 59.1Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 59.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:32-34
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Strong-grade silver as a byproduct within this narrow, high-grade gold interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Strong-grade silver byproduct associated with the high-grade gold, enhancing overall value.
Negative factors
- Narrow width of the intercept.
- True width not determined.
Evidence · table
“59.1”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
PG26-07Pipy South · leadGrade: 2.17Grade Unit: %Intercept: 2 mView all detailsHide details
Identity
- Hole ID
- PG26-07
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 2.17
- Grade Unit
- %
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Hole Depth
- 167 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PG26-07:32-34
- Mining Method
- open_pit
Location
- Easting
- 577462
- Northing
- 6195853
- Elevation
- 229 m
- Azimuth
- 90 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Strong-grade lead as a byproduct within this narrow, high-grade gold interval adds to the polymetallic nature and potential economic value, though true width is unknown.
Positive factors
- Strong-grade lead byproduct associated with the high-grade gold, consistent with geological observations.
Negative factors
- Narrow width of the intercept.
- True width not determined.
Evidence · table
“2.17”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · goldGrade: 1.17Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.17
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Intercept Depth
- 57 m
Classification
- Sample Type
- drill
- Group ID
- includes:57-69
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 1.17 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 14.0 g/t·m is weak (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.17”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · silverGrade: 27.77Grade Unit: g/tIntercept: 12 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 27.77
- Grade Unit
- g/t
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Intercept Depth
- 57 m
Classification
- Sample Type
- drill
- Group ID
- includes:57-69
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 27.77 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 333.2 g/t·m is weak (grade alone is below; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“27.77”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · leadGrade: 1.86Grade Unit: %Intercept: 12 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.86
- Grade Unit
- %
- Intercept
- 12 m
- From
- 57 m
- To
- 69 m
- Intercept Depth
- 57 m
Classification
- Sample Type
- drill
- Group ID
- includes:57-69
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 1.86 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 22.3 %·m is weak.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.86”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · goldGrade: 1.05Grade Unit: g/tIntercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 1.05
- Grade Unit
- g/t
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Intercept Depth
- 78.8 m
Classification
- Sample Type
- drill
- Group ID
- includes:78.8-107
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 1.05 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 29.7 g/t·m is weak (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.05”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · silverGrade: 22.56Grade Unit: g/tIntercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 22.56
- Grade Unit
- g/t
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Intercept Depth
- 78.8 m
Classification
- Sample Type
- drill
- Group ID
- includes:78.8-107
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 22.56 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 638.4 g/t·m is weak (grade alone is below; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“22.56”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · leadGrade: 0.95Grade Unit: %Intercept: 28.3 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 0.95
- Grade Unit
- %
- Intercept
- 28.3 m
- From
- 78.8 m
- To
- 107 m
- Intercept Depth
- 78.8 m
Classification
- Sample Type
- drill
- Group ID
- includes:78.8-107
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 0.95 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 26.9 %·m is weak (grade alone is below; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.95”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · goldGrade: 8.01Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 8.01
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Intercept Depth
- 32 m
Classification
- Sample Type
- drill
- Group ID
- includes:32-34
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 8.01 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 16.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).
Positive factors
- 8.01 g/t gold is exceptional on the open_pit mining band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“8.01”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · silverGrade: 59.1Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 59.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Intercept Depth
- 32 m
Classification
- Sample Type
- drill
- Group ID
- includes:32-34
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 59.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 118.2 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“59.1”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
includesPipy South · leadGrade: 2.17Grade Unit: %Intercept: 2 mView all detailsHide details
Identity
- Hole ID
- includes
- Project
- Pipy South
- Commodity
- lead
- Region
- canada_mb
- Reported Region
- canada_mb
- Ticker
- NICN.V
Geometry
- Grade
- 2.17
- Grade Unit
- %
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Intercept Depth
- 32 m
Classification
- Sample Type
- drill
- Group ID
- includes:32-34
- Mining Method
- open_pit
QA/QC
- Laboratory
- Paragon Geochemical Laboratory and Agat Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Expanded from assay table. 2.17 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 4.3 %·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“2.17”
Context: includes
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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: "**Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"
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.