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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13

Original source: https://orestocks.com/company/NICN.V/press-releases/7093774967833832

Publisher: orestocks

Original announcement: 2026-09-14T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Broad zones of gold mineralization intersected, including high-grade intercepts.

- Positive factor: Drilling successfully extended the Horseshoe Gold zone by 400m along strike.

- Positive factor: Identification of a larger, structurally similar target immediately to the south increases exploration potential.

- Positive factor: QA/QC procedures are disclosed, and a Qualified Person has approved the technical information.

- Negative factor: 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 Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Intercept**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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)

### PG26-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-0)

Pipy South · gold

#### 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 factor: Confirms gold mineralization in the newly discovered zone.

- Positive factor: Part of a program extending the known strike length.

- Negative factor: True width not determined.

Evidence · table

> 0.91

Context: 3.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-1)

Pipy South · gold

#### 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 factor: Good grade over a reasonable width, confirming gold mineralization.

- Positive factor: Contributes to defining the strike extension of the zone.

- Negative factor: True width not determined.

Evidence · table

> 1.26

Context: 12.7

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-2)

Pipy South · gold

#### 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 factor: Confirms gold mineralization in a new section of the strike extension.

- Negative factor: True width not determined.

Evidence · table

> 0.89

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-3)

Pipy South · silver

#### 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 factor: Silver is present as a byproduct, adding to the polymetallic nature of the mineralization.

- Negative factor: Grade is low for silver.

- Negative factor: True width not determined.

Evidence · table

> 3.54

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-4)

Pipy South · lead

#### 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 factor: Presence of lead indicates polymetallic mineralization and correlation with galena noted in the text.

- Negative factor: Grade is very low for lead.

- Negative factor: True width not determined.

Evidence · table

> 0.05

Context: 7.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-5)

Pipy South · gold

#### 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 factor: Broad intercept of moderate-grade gold, indicating significant mineralization.

- Positive factor: Supports the interpreted fold nose target and strike extension.

- Negative factor: True width not determined.

Evidence · table

> 0.77

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-6)

Pipy South · silver

#### 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 factor: Silver is present as a significant byproduct over a broad interval.

- Negative factor: Grade is moderate for silver.

- Negative factor: True width not determined.

Evidence · table

> 12.83

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-7)

Pipy South · lead

#### 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 factor: Lead is present as a byproduct over a broad interval, consistent with geological observations.

- Negative factor: Grade is moderate for lead.

- Negative factor: True width not determined.

Evidence · table

> 0.79

Context: 29.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-8)

Pipy South · gold

#### 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 factor: Higher-grade sub-interval within a broader zone, indicating good continuity and potential for higher-grade shoots.

- Positive factor: Supports the interpreted fold nose target.

- Negative factor: True width not determined.

Evidence · table

> 1.17

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-9)

Pipy South · silver

#### 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 factor: Higher-grade silver byproduct within the sub-interval, enhancing overall value.

- Negative factor: Grade is moderate for silver.

- Negative factor: True width not determined.

Evidence · table

> 27.77

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-10)

Pipy South · lead

#### 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 factor: Higher-grade lead byproduct within the sub-interval, consistent with geological observations.

- Negative factor: Grade is moderate for lead.

- Negative factor: True width not determined.

Evidence · table

> 1.86

Context: 12.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-11)

Pipy South · gold

#### 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 factor: Very broad intercept of moderate-grade gold, indicating significant bulk tonnage potential.

- Positive factor: Supports the interpreted fold nose target and strike extension.

- Negative factor: True width not determined.

Evidence · table

> 0.65

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-12)

Pipy South · silver

#### 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 factor: Silver is present as a significant byproduct over a very broad interval.

- Negative factor: Grade is moderate for silver.

- Negative factor: True width not determined.

Evidence · table

> 11.55

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-13)

Pipy South · lead

#### 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 factor: Lead is present as a byproduct over a very broad interval, consistent with geological observations.

- Negative factor: Grade is moderate for lead.

- Negative factor: True width not determined.

Evidence · table

> 0.56

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-14)

Pipy South · gold

#### 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 factor: Strong grade over a significant width within the broader zone, indicating good continuity and potential for higher-grade shoots.

- Positive factor: Supports the interpreted fold nose target.

- Negative factor: True width not determined.

Evidence · table

> 1.05

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-15)

Pipy South · silver

#### 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 factor: Higher-grade silver byproduct within the sub-interval, enhancing overall value.

- Negative factor: Grade is moderate for silver.

- Negative factor: True width not determined.

Evidence · table

> 22.56

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-16)

Pipy South · lead

#### 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 factor: Higher-grade lead byproduct within the sub-interval, consistent with geological observations.

- Negative factor: Grade is moderate for lead.

- Negative factor: True width not determined.

Evidence · table

> 0.95

Context: 28.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-17)

Pipy South · gold

#### 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 factor: Broad intercept of moderate-grade gold, indicating significant mineralization.

- Positive factor: Supports the interpreted fold nose target and strike extension.

- Negative factor: True width not determined.

Evidence · table

> 0.90

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-18)

Pipy South · silver

#### 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 factor: Silver is present as a byproduct over a broad interval.

- Negative factor: Grade is low for silver.

- Negative factor: True width not determined.

Evidence · table

> 5.19

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-19)

Pipy South · lead

#### 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 factor: Lead is present as a byproduct over a broad interval, consistent with geological observations.

- Negative factor: Grade is low for lead.

- Negative factor: True width not determined.

Evidence · table

> 0.21

Context: 30.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-20)

Pipy South · gold

#### 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 factor: Exceptional high-grade gold intercept, indicating potential for bonanza grades within the system.

- Positive factor: Enhances the overall prospectivity of the project.

- Negative factor: Narrow width of the intercept.

- Negative factor: True width not determined.

Evidence · table

> 8.01

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-21)

Pipy South · silver

#### 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 factor: Strong-grade silver byproduct associated with the high-grade gold, enhancing overall value.

- Negative factor: Narrow width of the intercept.

- Negative factor: True width not determined.

Evidence · table

> 59.1

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### PG26-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-22)

Pipy South · lead

#### 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 factor: Strong-grade lead byproduct associated with the high-grade gold, consistent with geological observations.

- Negative factor: Narrow width of the intercept.

- Negative factor: True width not determined.

Evidence · table

> 2.17

Context: 2.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-23)

Pipy South · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.17

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-24)

Pipy South · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 27.77

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-25)

Pipy South · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.86

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-26)

Pipy South · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.05

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-27)

Pipy South · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 22.56

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-28)

Pipy South · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.95

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-29)

Pipy South · gold

#### 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 factor: 8.01 g/t gold is exceptional on the open\_pit mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 8.01

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-30)

Pipy South · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 59.1

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*Results confirm that the Horseshoe Gold zone extends at least 400m along strike beyond the discovery intersections rep"

### includes

[Link to this fact](https://atlas-extractions.minestarters.com/news/nican-intersects-broad-zones-of-gold-mineralization-at-pipy-south-thompson-manit--6eaf32f4-161f-498b-b075-665da6485a13#fact-drill-facts-31)

Pipy South · lead

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.17

Context: includes

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "\*\*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.